| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Rentrop Norman | 13% | $20,452,462 | 1,413,439 | Norman Rentrop | 30 Dec 2024 | |||
| Blacksheep Fund Management Ltd | 9.9% | $15,801,023 | 1,091,985 | Blacksheep Fund Management Ltd. | 31 Mar 2025 | |||
| Monega Kapitalanlagegesellschaft mbH | 5.4% | $8,698,713 | 601,155 | Monega Kapitalanlagegesellschaft mbH | 31 Mar 2025 | |||
| BlackRock, Inc. | 4.8% | $9,231,287 | 530,229 | BlackRock, Inc. | 30 Jun 2025 | |||
| VANGUARD GROUP INC | 4.5% | $7,105,378 | 491,042 | The Vanguard Group | 31 Dec 2024 |
As of 30 Sep 2025, 60 institutional investors reported holding 6,156,505 shares of TUCOWS INC /PA/ - Class A Stock (TCX). This represents 56% of the company’s total 11,046,438 outstanding shares.
The largest institutional shareholders of TUCOWS INC /PA/ - Class A Stock (TCX) together control 55% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| EdgePoint Investment Group Inc. | 19% | 2,118,575 | 0% | 0.29% | $39,144,682 |
| Blacksheep Fund Management Ltd | 9.9% | 1,091,985 | 0% | 17% | $20,261,782 |
| BlackRock, Inc. | 4.7% | 523,682 | -1.2% | 0% | $9,716,919 |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 4.6% | 510,989 | 0% | 0.02% | $9,481,401 |
| VANGUARD GROUP INC | 4.4% | 481,462 | +2.6% | 0% | $8,933,527 |
| GEODE CAPITAL MANAGEMENT, LLC | 1.7% | 185,333 | -4.8% | 0% | $3,440,001 |
| STATE STREET CORP | 1.6% | 180,688 | -0.7% | 0% | $3,352,666 |
| ROYAL BANK OF CANADA | 1.5% | 168,311 | +11% | 0% | $3,123,000 |
| Baader Bank Aktiengesellschaft | 1.5% | 163,200 | 0% | 0.25% | $3,028,176 |
| RENAISSANCE TECHNOLOGIES LLC | 1.3% | 146,351 | -1.3% | 0% | $2,715,548 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.66% | 72,745 | -5.5% | 0% | $1,349,784 |
| NORTHERN TRUST CORP | 0.55% | 60,774 | -7% | 0% | $1,127,662 |
| Blackhawk Capital Partners, LLC | 0.47% | 51,618 | 0.37% | $957,772 | |
| K.J. Harrison & Partners Inc | 0.37% | 41,291 | -2.4% | 0.11% | $742,825 |
| Connor, Clark & Lunn Investment Management Ltd. | 0.33% | 36,900 | -0.27% | 0% | $681,797 |
| MORGAN STANLEY | 0.33% | 36,071 | +4.1% | 0% | $669,298 |
| CITADEL ADVISORS LLC | 0.3% | 33,690 | -32% | 0% | $625,118 |
| D. E. Shaw & Co., Inc. | 0.29% | 31,715 | -0.32% | 0% | $588,472 |
| GSA CAPITAL PARTNERS LLP | 0.24% | 26,652 | -34% | 0.04% | $495,000 |
| JANE STREET GROUP, LLC | 0.2% | 21,898 | +13% | 0% | $406,318 |
| Bank of New York Mellon Corp | 0.18% | 20,018 | -12% | 0% | $371,434 |
| TWO SIGMA INVESTMENTS, LP | 0.18% | 19,635 | +80% | 0% | $364,327 |
| Nuveen, LLC | 0.17% | 19,078 | 0% | 0% | $353,993 |
| BARD ASSOCIATES INC | 0.14% | 14,990 | -4.8% | 0.07% | $278,140 |
| ALLIANCEBERNSTEIN L.P. | 0.11% | 11,890 | +2.6% | 0% | $220,619 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 370 | $8,296 | +$3,453 | $22.42 | 3 |
| 2025 Q3 | 6,156,505 | $114,044,935 | +$17,212 | $18.56 | 60 |
| 2025 Q2 | 6,152,330 | $121,392,379 | -$315,835 | $19.71 | 60 |
| 2025 Q1 | 6,169,232 | $104,272,524 | -$21,681,615 | $16.88 | 61 |
| 2024 Q4 | 7,495,005 | $127,548,508 | -$3,495,774 | $17.14 | 59 |
| 2024 Q3 | 7,685,750 | $160,237,105 | -$741,255 | $20.89 | 61 |
| 2024 Q2 | 7,728,251 | $149,024,083 | -$4,251,272 | $19.32 | 61 |
| 2024 Q1 | 7,933,344 | $146,979,915 | -$2,402,133 | $18.56 | 56 |
| 2023 Q4 | 8,006,949 | $216,286,676 | +$2,608,291 | $27.00 | 59 |
| 2023 Q3 | 7,901,341 | $161,064,566 | -$3,950,436 | $20.41 | 57 |
| 2023 Q2 | 8,057,057 | $223,236,554 | +$9,702,578 | $27.74 | 60 |
| 2023 Q1 | 7,737,810 | $150,485,237 | -$15,160,670 | $19.45 | 60 |
| 2022 Q4 | 7,965,300 | $270,548,118 | +$9,232,219 | $33.92 | 67 |
| 2022 Q3 | 7,718,913 | $289,373,786 | +$8,914,146 | $37.41 | 67 |
| 2022 Q2 | 7,392,994 | $328,783,156 | +$11,150,115 | $44.51 | 76 |
| 2022 Q1 | 7,120,532 | $486,034,800 | +$30,162,869 | $68.30 | 76 |
| 2021 Q4 | 6,641,223 | $556,668,745 | +$23,740,911 | $83.82 | 77 |
| 2021 Q3 | 6,725,148 | $538,337,597 | +$14,172,455 | $78.95 | 74 |
| 2021 Q2 | 6,459,683 | $523,947,807 | +$23,561,918 | $80.32 | 82 |
| 2021 Q1 | 6,188,768 | $484,092,414 | +$5,590,515 | $77.50 | 87 |
| 2020 Q4 | 5,838,363 | $431,319,660 | +$15,299,207 | $73.89 | 81 |
| 2020 Q3 | 5,572,328 | $383,905,472 | +$13,132,395 | $68.90 | 84 |
| 2020 Q2 | 5,485,850 | $314,488,420 | -$9,863,165 | $57.32 | 78 |
| 2020 Q1 | 5,662,295 | $273,037,438 | -$19,654,286 | $48.26 | 80 |
| 2019 Q4 | 5,626,525 | $347,753,257 | +$2,864,625 | $61.78 | 74 |
| 2019 Q3 | 5,188,009 | $280,965,182 | -$31,988,059 | $54.16 | 75 |
| 2019 Q2 | 5,716,430 | $348,791,857 | +$11,307,007 | $61.02 | 84 |
| 2019 Q1 | 5,512,390 | $446,900,262 | +$9,974,104 | $81.18 | 95 |
| 2018 Q4 | 5,811,752 | $348,989,504 | +$32,384,804 | $60.06 | 83 |
| 2018 Q3 | 5,403,004 | $301,121,175 | +$2,758,326 | $55.75 | 89 |
| 2018 Q2 | 5,395,593 | $327,108,668 | -$544,285 | $60.65 | 90 |
| 2018 Q1 | 5,420,794 | $303,568,800 | +$10,660,365 | $56.00 | 80 |
| 2017 Q4 | 5,535,065 | $391,962,543 | -$15,866,850 | $70.05 | 81 |
| 2017 Q3 | 5,313,622 | $311,080,279 | +$48,073,582 | $58.55 | 78 |
| 2017 Q2 | 4,026,074 | $215,403,504 | +$80,950,057 | $53.49 | 72 |
| 2017 Q1 | 3,081,263 | $157,319,000 | +$35,452,706 | $51.04 | 53 |
| 2016 Q4 | 2,370,963 | $83,572,000 | +$2,436,250 | $35.25 | 38 |
| 2016 Q3 | 2,261,122 | $72,319,000 | +$8,307,193 | $32.00 | 35 |
| 2016 Q2 | 2,080,767 | $50,682,000 | -$7,806,892 | $24.35 | 31 |
| 2016 Q1 | 2,454,102 | $55,118,000 | -$8,508,158 | $22.45 | 40 |
| 2015 Q4 | 2,869,429 | $60,569,000 | -$15,836,951 | $21.10 | 35 |
| 2015 Q3 | 3,290,947 | $76,149,000 | +$16,529,246 | $23.14 | 41 |
| 2015 Q2 | 2,608,959 | $72,654,771 | +$6,063,060 | $27.85 | 38 |
| 2015 Q1 | 2,449,752 | $46,504,533 | -$4,230,722 | $19.00 | 28 |
| 2014 Q4 | 2,728,771 | $52,909,698 | -$592,169 | $19.41 | 29 |
| 2014 Q3 | 2,755,570 | $41,138,351 | +$5,258,579 | $14.93 | 24 |
| 2014 Q2 | 2,420,529 | $29,626,612 | -$271,894 | $12.24 | 25 |
| 2014 Q1 | 2,440,932 | $30,890,633 | +$14,303,676 | $12.64 | 24 |