Transact Technologies
TACT
30 hedge funds and large institutions have $10.2M invested in Transact Technologies in 2020 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 5 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
1.42% more ownership
Funds ownership: 42.22% → 43.64% (+1.4%)
9% less funds holding
Funds holding: 33 → 30 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
70% less capital invested
Capital invested by funds: $34.6M → $10.2M (-$24.4M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFA
Harbert Fund Advisors
Birmingham,
Alabama
|
+$601K |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$363K |
| 3 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$222K |
| 4 |
CPA
Cowen Prime Advisors
New York
|
+$172K |
| 5 |
Renaissance Technologies
New York
|
+$125K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teton Advisors
Rye,
New York
|
-$318K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$137K |
| 3 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
-$99K |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$67.8K |
| 5 |
M&T Bank
Buffalo,
New York
|
-$39.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HPC
26
HM Payson & Co
Portland,
Maine
| $25K | +$16.5K | +1,800 | +29% |
|
27
Bank of America
Charlotte,
North Carolina
| $16K | – | – | – |
|
28
Victory Capital Management
San Antonio,
Texas
| $8K | +$23.7K | +2,588 | New |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $7K | +$16.8K | +1,832 | +373% |
|
30
UBS Group
Zurich,
Switzerland
| $5K | +$7.31K | +799 | +131% |
|
|
31
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$137K | -12,510 | Closed |
|
|
NSIM
32
North Star Investment Management
Chicago,
Illinois
| – | -$99K | -9,000 | Closed |
|
33
LSV Asset Management
Chicago,
Illinois
| – | -$27K | -2,500 | Closed |
|
34
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$6K | -622 | Closed |
|
TACT Hedge Fund Activity: Q1 2020 in Review
30 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Transact Technologies (TACT) for Q1 2020, worth a combined $10.2M — down 70% from $34.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of TACT and 2 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 13 added.
The largest buyer was Harbert Fund Advisors, adding an estimated $601K. The largest seller was Teton Advisors, cutting an estimated $318K.
- 30 institutional investors held Transact Technologies (TACT) as of Q1 2020, down from 33 in Q4 2019.
- Funds reported $10.2M of Transact Technologies stock for Q1 2020, down 70% quarter-over-quarter.
- 2 funds opened new Transact Technologies positions in Q1 2020 and 5 closed out, a net change of -3 holders.
- The largest Transact Technologies buyer in Q1 2020 was Harbert Fund Advisors, an estimated $601K added.
- The largest Transact Technologies seller in Q1 2020 was Teton Advisors, an estimated $318K sold.
Based on aggregated 13F filings for Q1 2020.