Rogers Communications (RCI)

• Market cap: $13.9B
• 1 day: 3.27%
• 5 days: 9.51%
• 1 month: -8.51%
• 3 months: -8.15%
• 6 months: -33.00%
• Year to date: -14.71%
• 1 year: -31.62%
• 5 years: -39.69%
• 10 years: -23.75%
• Sector: Communication Services
• Industry: Telecom Services

About: Rogers Communications is the largest wireless service provider in Canada, with its more than 11 million subscribers equating to one third of the total Canadian market. Its wireless business accounted for more than half of total revenue and has increasingly been providing a bigger portion of total company sales over the last several years. Rogers' cable segment, which provides about 35% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and the Toronto Blue Jays. Rogers' significant exposure to sports also includes ownership stakes in the Toronto Maple Leafs, Raptors, FC, and Argonauts.

Employees: 24,000

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

30% more repeat investments, than reductions

Existing positions increased: 109 | Existing positions reduced: 84

0.23% more ownership

Funds ownership: 56.66% [Q3] → 56.89% (+0.23%) [Q4]

6% less funds holding

Funds holding: 275 [Q3] → 259 (-16) [Q4]

23% less capital invested

Capital invested by funds: $9.66B [Q3] → $7.43B (-$2.23B) [Q4]

26% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 46

30% less call options, than puts

Call options by funds: $273M | Put options by funds: $389M

33% less funds holding in top 10

Funds holding in top 10: 6 [Q3] → 4 (-2) [Q4]