TUCOWS INC /PA/ (TCX) — Institutional Holders, Q2 2026

69 institutional investment managers reported a TCX position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $85.8M. Every filer is listed below, ranked by position value. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

TCX in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

9

Added to

29

Trimmed

19

Sold out

8

Biggest buyers

  1. Quantinno Capital ManagementAdded · +52,825 sh+$711.6K
  2. BlackRockAdded · +45,787 sh+$616.8K
  3. AQR CAPITAL MANAGEMENTAdded · +32,176 sh+$433.4K
  4. DIMENSIONAL FUND ADVISORSNew · +17,536 sh+$236.2K
  5. MORGAN STANLEYAdded · +14,967 sh+$201.6K

Biggest sellers

  1. SUSQUEHANNA INTERNATIONAL GROUP, LLPSold out · -32,431 sh-$436.8K
  2. CITADEL ADVISORSTrimmed · -11,471 sh-$154.5K
  3. VANGUARD CAPITAL MANAGEMENTTrimmed · -9,444 sh-$127.2K
  4. GOLDMAN SACHS GROUPTrimmed · -7,243 sh-$97.6K
  5. RENAISSANCE TECHNOLOGIESTrimmed · -6,900 sh-$92.9K

TCX 13F holders ranked 1–69 of 69

Institutional investors reporting a position in TUCOWS INC /PA/ on SEC Form 13F-HR for Q2 2026, ranked by reported value.
InstitutionValueQoQ
EdgePoint Investment Group#1 · 2,118,575 sh$28.7M0.0%
Blacksheep Fund Management Ltd#2 · 13 sh$14.7M-100.0%
BlackRock#3 · 561,950 sh$7.6M+8.9%
Universal- Beteiligungs- und Servicegesellschaft mbH#4 · 545,873 sh$7.4M+2.2%
VANGUARD CAPITAL MANAGEMENT#5 · 351,800 sh$4.7M-2.6%
GEODE CAPITAL MANAGEMENT#6 · 197,896 sh$2.7M-0.3%
STATE STREET#7 · 186,518 sh$2.5M+1.1%
Baader Bank Aktiengesellschaft#8 · 163,200 sh$2.2M0.0%
Axxion S.A.#9 · 139,110 sh$1.9M—
RENAISSANCE TECHNOLOGIES#10 · 128,951 sh$1.7M-5.1%
Russell Investments Group, Ltd.#11 · 114,654 sh$1.5M+2.0%
CHARLES SCHWAB INVESTMENT MANAGEMENT#12 · 72,693 sh$979.2K+2.9%
Quantinno Capital Management#13 · 72,692 sh$979.2K+265.9%
Blackhawk Capital Partners#14 · 63,478 sh$855.0K+2.3%
NORTHERN#15 · 60,475 sh$814.6K-5.8%
VANGUARD FIDUCIARY#16 · 56,138 sh$756.2K+1.4%
VANGUARD PORTFOLIO MANAGEMENT#17 · 47,021 sh$633.4K+19.9%
D. E. Shaw#18 · 46,334 sh$624.1K+25.5%
AQR CAPITAL MANAGEMENT#19 · 45,636 sh$614.7K+239.0%
MORGAN STANLEY#20 · 38,572 sh$519.6K+63.4%
K.J. Harrison & Partners#21 · 31,671 sh$426.6K-8.7%
GOLDMAN SACHS GROUP#22 · 21,162 sh$285.1K-25.5%
GSA CAPITAL PARTNERS LLP#23 · 21,126 sh$285.0K0.0%
Bank of New York Mellon#24 · 19,947 sh$268.7K+0.1%
Connor, Clark & Lunn Investment Management Ltd.#25 · 19,500 sh$264.1K-2.5%
DIMENSIONAL FUND ADVISORS#26 · 17,536 sh$236.2KNew
Nuveen#27 · 16,939 sh$228.2K0.0%
ALLIANCEBERNSTEIN L.P.#28 · 12,490 sh$214.3K+2.5%
CITADEL ADVISORS#29 · 11,619 sh$156.5K-49.7%
RHUMBLINE ADVISERS#30 · 8,644 sh$116.4K+7.0%
FMR#31 · 7,701 sh$103.7K+294.5%
ROYAL BANK OF CANADA#32 · 7,238 sh$97.0K+12.6%
DEUTSCHE BANK AG\#33 · 6,429 sh$86.6K+3.3%
WELLS FARGO & COMPANY#34 · 5,911 sh$79.6K+87.4%
Versant Capital Management#35 · 5,316 sh$71.6KNew
CITIGROUP#36 · 4,291 sh$57.8K+1245.1%
UBS Group AG#37 · 4,021 sh$54.2K+157.8%
TD Waterhouse Canada#38 · 3,600 sh$49.6K0.0%
Vanguard Global Advisers#39 · 3,422 sh$46.1K0.0%
SRS Capital Advisors#40 · 3,257 sh$43.9KNew
JPMORGAN CHASE#41 · 3,133 sh$43.5K+4.8%
MIRAE ASSET GLOBAL ETFS Ltd.#42 · 3,193 sh$43.0K-0.7%
Police & Firemen's Retirement System of New Jersey#43 · 1,602 sh$21.6K0.0%
BNP PARIBAS FINANCIAL MARKETS#44 · 1,133 sh$15.3K-26.2%
BARCLAYS PLC#45 · 1,052 sh$14.2K-55.1%
NEW YORK STATE COMMON RETIREMENT FUND#46 · 1,045 sh$14.1K0.0%
Tower Research Capital (TRC)#47 · 994 sh$13.4K-41.2%
Ameritas Investment Partners#48 · 790 sh$10.6K0.0%
Legal & General Group Plc#49 · 647 sh$8.7K0.0%
NATIONAL BANK OF CANADA#50 · 405 sh$6.7K-29.2%
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#51 · 404 sh$5.4K0.0%
Integrated Wealth Concepts#52 · 286 sh$3.9KNew
PNC FINANCIAL SERVICES GROUP#53 · 239 sh$3.2K+3314.3%
GAMMA Investing#54 · 137 sh$1.8K+59.3%
Sterling Capital Management#55 · 111 sh$1.5K-43.4%
Allworth Financial#56 · 108 sh$1.5K+300.0%
EverSource Wealth Advisors#57 · 84 sh$1.1K-100.0%
Steward Partners Investment Advisory#58 · 74 sh$994.00New
MassMutual Private Wealth & , FSB#59 · 58 sh$781.00New
Private Wealth Management Group#60 · 51 sh$687.00New
IFP Advisors#61 · 46 sh$620.00+820.0%
Global Retirement Partners#62 · 43 sh$579.00—
True Wealth Design#63 · 38 sh$512.00+171.4%
Essential Partners#64 · 29 sh$391.00-77.7%
ROTHSCHILD INVESTMENT#65 · 24 sh$323.00+500.0%
Farther Finance Advisors#66 · 11 sh$148.00+120.0%
Clearstead Advisors#67 · 2 sh$27.00New
SJS Investment Consulting#68 · 1 sh$14.00New
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM#69 · 95 sh—-73.9%

Funds that sold out of TCX in Q2 2026 (8)

Held TCX at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held TCX in Q1 2026 and reported no position in Q2 2026.
InstitutionValue in Q1 2026
SUSQUEHANNA INTERNATIONAL GROUP, LLP32,431 sh$556.5K
BARD ASSOCIATES550 sh$9.4K
OSAIC200 sh$3.4K
NISA INVESTMENT ADVISORS40 sh$686.00
Federation des caisses Desjardins du Quebec10 sh$167.00
Root Financial Partners9 sh$154.00
MAI Capital Management3 sh$52.00
Optiver Holding B.V.1 sh$17.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.