Tucows: Universal Investment reports 5.0% stake

The reported stake equals 5.0% of TUCOWS INC common stock, with the same share count listed across voting and disposition powers.

Rhea-AI Filing Summary

Universal Investment GmbH reported beneficial ownership of 560,873 TUCOWS INC (TCX) common shares, equal to 5.0% of the class. The disclosure lists 560,873 shares for each of sole voting power, shared voting power, sole dispositive power, and shared dispositive power.

Key Figures

Beneficially owned: 560,873 shares Percent of class: 5.0% Sole voting power: 560,873 shares +3 more

6 metrics

Beneficially owned 560,873 shares TUCOWS INC common stock

Percent of class 5.0% TUCOWS INC common stock

Sole voting power 560,873 shares TUCOWS INC common stock

Shared voting power 560,873 shares TUCOWS INC common stock

Sole dispositive power 560,873 shares TUCOWS INC common stock

Shared dispositive power 560,873 shares TUCOWS INC common stock

Key Terms

beneficially owned, Sole voting power, Shared voting power, dispositive power

4 terms

beneficially owned financial

"Amount beneficially owned: 560,873"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole voting power financial

"Sole power to vote or to direct the vote"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

Shared voting power financial

"Shared power to vote or to direct the vote"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

dispositive power financial

"Sole power to dispose or to direct the disposition"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many TUCOWS (TCX) shares did Universal Investment GmbH report?

Universal Investment GmbH reported beneficial ownership of 560,873 TUCOWS INC common shares, equal to 5.0% of the class. It listed the same 560,873-share amount for sole and shared voting power and sole and shared dispositive power.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/27/2026 - 09:54 AM EDT Accepted by SEC EDGAR 10/27/2026 - 09:54 AM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

TUCOWS INC /PA/

(Name of Issuer)

Common Stock

(Title of Class of Securities)

898697206

(CUSIP Number)

10/22/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 898697206

1

Names of Reporting Persons

Universal-Investment-Gesellschaft mbH

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

GERMANY

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 560,873.00
6	Shared Voting Power 560,873.00
7	Sole Dispositive Power 560,873.00
8	Shared Dispositive Power 560,873.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

560,873.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.0 %

12

Type of Reporting Person (See Instructions)

IV, FI

SCHEDULE 13G

Item 1.
(a)	Name of issuer: TUCOWS INC /PA/
(b)	Address of issuer's principal executive offices: 96 MOWAT AVENUE, TORONTO, ONTARIO, CANADA, M6K 3M1
Item 2.
(a)	Name of person filing: Universal Investment GmbH
(b)	Address or principal business office or, if none, residence: Europa-Allee 92-96 60486 Frankfurt am Main
(c)	Citizenship: Germany
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 898697206
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 560,873
(b)	Percent of class: 5.0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 560,873
	(ii) Shared power to vote or to direct the vote: 560,873
	(iii) Sole power to dispose or to direct the disposition of: 560,873
	(iv) Shared power to dispose or to direct the disposition of: 560,873
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Universal-Investment-Gesellschaft mbH

Signature:	Regina von Hagen
Name/Title:	Risk Manager
Date:	10/27/2026