Transact Technologies
TACT
33 hedge funds and large institutions have $34.8M invested in Transact Technologies in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 7 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
23% more call options, than puts
Call options by funds: $215K | Put options by funds: $175K
19% more capital invested
Capital invested by funds: $29.3M → $34.8M (+$5.5M)
1.62% less ownership
Funds ownership: 43.1% → 41.47% (-1.6%)
11% less funds holding
Funds holding: 37 → 33 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$175K |
| 2 |
HFA
Harbert Fund Advisors
Birmingham,
Alabama
|
+$168K |
| 3 |
CPA
Cowen Prime Advisors
New York
|
+$154K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$139K |
| 5 |
CIS
Connors Investor Services
Wyomissing,
Pennsylvania
|
+$94.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FM
Fondren Management
Houston,
Texas
|
-$593K |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$580K |
| 3 |
JP Morgan Chase
New York
|
-$277K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$235K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$79.8K |
TACT Hedge Fund Activity: Q2 2019 in Review
33 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Transact Technologies (TACT) for Q2 2019, worth a combined $34.8M — up 19% from $29.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TACT and 3 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 10 added.
The largest buyer was Municipal Employees' Retirement System of Michigan, adding an estimated $175K. The largest seller was Fondren Management, cutting an estimated $593K.
- 33 institutional investors held Transact Technologies (TACT) as of Q2 2019, down from 37 in Q1 2019.
- Funds reported $34.8M of Transact Technologies stock for Q2 2019, up 19% quarter-over-quarter.
- 3 funds opened new Transact Technologies positions in Q2 2019 and 7 closed out, a net change of -4 holders.
- The largest Transact Technologies buyer in Q2 2019 was Municipal Employees' Retirement System of Michigan, an estimated $175K added.
- The largest Transact Technologies seller in Q2 2019 was Fondren Management, an estimated $593K sold.
Based on aggregated 13F filings for Q2 2019.