$TCX

$10.29 -$0.38 (3.61%) Close

$TCX Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 11.2M shares outstanding

Who owns TCX?

By type of holder

Institutions 56.8% Insiders 35.4% Everyone else 7.8%

Concentration Top 10 holders own 81.5%

Noss Elliot 24.7% · EdgePoint Investment Group Inc. 19.0%

Institutional ownership

56.8%

+2.6 pts vs last qtr

Institutional holders

0 vs last qtr

Net shares bought

+285.9K

by institutions in Q2 2026

New / sold out

9 / 9

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Axxion S.A. NEW +139.1K
Quantinno Capital Management LP +52.8K

Biggest sellers in Q2 2026

Susquehanna International Group, LLP SOLD OUT −32.4K
Citadel Advisors LLC −11.5K

Who is planning to sell?

No insider has filed a notice of proposed sale (Form 144) for Tucows Inc in the last 12 months.

Is your stake being diluted?

Diluted share count, FY2016–FY2025

+3.3%

+0.36% a year

Each share's claim on the business

−3.2%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

$15.4M vs $45.9M

over 10 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years46% 3–5 years36% 1–3 years12% Under 1 year6%

Quarterly turnover

3.7%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting TCX on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
EI EdgePoint Investment Group Inc.	2.1M	18.95%	Unchanged	2021	0.2%
Shares held by quarter Peak holding2.1M (Q2'25) Change over 8 quarters+12.4K Share of the company18.950% EdgePoint Investment Group Inc.'s full portfolio →
BF Blacksheep Fund Management Ltd	1.1M	9.77%	Unchanged	≤2021	4.8%
Shares held by quarter Peak holding1.1M (Q1'25) Change over 8 quarters+181.8K Share of the company9.770% Blacksheep Fund Management Ltd's full portfolio →

EdgePoint Investment Group Inc.

2.1M

% of company

18.95%

Change vs last qtr

Unchanged

Held since

2021

Blacksheep Fund Management Ltd

1.1M

% of company

9.77%

Change vs last qtr

Unchanged

Held since

≤2021

28 more super investors behind a free account

See every manager holding Tucows Inc, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting TCX on Form N-PORT; together they hold 9.7% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$3.33M	247.1K	2.21%	0.00%	June 30, 2026
IR iShares Russell 2000 ETF iShares Trust	$2.39M	177.2K	1.58%	0.00%	June 30, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$3.33M

% of company

2.21%

% of the fund

0.00%

As of

June 30, 2026

iShares Russell 2000 ETF

iShares Trust

Position value

$2.39M

% of company

1.58%

% of the fund

0.00%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Tucows Inc and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
NE Noss Elliot Insider	2.8M	24.67%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company24.670% Noss Elliot's insider activity →
WD Woroch David John Insider	1.1M	10.12%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company10.120% Woroch David John's insider activity →

Noss Elliot

Insider

2.8M

% of company

24.67%

Change vs last qtr

—

Held since

—

Woroch David John

Insider

1.1M

% of company

10.12%

Change vs last qtr

—

Held since

—

9 more holders behind a free account

See every insider and 5%+ holder of Tucows Inc.

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