Should You Expect Great Results From Cogent Communications Holdings (CCOI)?

Recurve Capital, an investment management company, released its second-quarter 2025 investor letter. Recurve had a strong second quarter. A copy of the letter can be downloaded here. In Q2 2025, the fund returned +31% gross compared to +10.6% returns for the S&P 500 and 17.8% returns for the Nasdaq. YTD, the fund returned +14.8% gross and +12% net. In addition, you can check the fund’s top 5 holdings to find out its best picks for 2025.

In its second-quarter 2025 investor letter, Recurve Capital highlighted stocks such as Cogent Communications Holdings, Inc. (NASDAQ:CCOI). Cogent Communications Holdings, Inc. (NASDAQ:CCOI) provides high-speed Internet access, private network, and data center colocation space services. The one-month return of Cogent Communications Holdings, Inc. (NASDAQ:CCOI) was 10.17%, and its shares lost 46.54% of their value over the last 52 weeks. On October 2, 2025, Cogent Communications Holdings, Inc. (NASDAQ:CCOI) stock closed at $40.39 per share, with a market capitalization of $1.986 billion.

Recurve Capital stated the following regarding Cogent Communications Holdings, Inc. (NASDAQ:CCOI) in its second quarter 2025 investor letter:

“Carvana was our largest contributor and Cogent Communications Holdings, Inc. (NASDAQ:CCOI) was our largest detractor year-to-date. The large negative contributions from both Cogent and RH have been frustrating. Both are down for valid reasons, but I nonetheless expect great results from these companies over the coming years and they should become meaningful positive contributors to performance.”

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 30 hedge fund portfolios held Cogent Communications Holdings, Inc. (NASDAQ:CCOI) at the end of the second quarter, same as 30 in the previous quarter. While we acknowledge the risk and potential of Cogent Communications Holdings, Inc. (NASDAQ:CCOI) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Cogent Communications Holdings, Inc. (NASDAQ:CCOI) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Cogent Communications Holdings, Inc. (NASDAQ:CCOI) and shared Madison Small Cap Fund’s views on the company. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.