Tactile Systems Technology
TCMD
140 hedge funds and large institutions have $705M invested in Tactile Systems Technology in 2020 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 50 increasing their positions, 44 reducing their positions, and 28 closing their positions.
99% more call options, than puts
Call options by funds: $930K | Put options by funds: $468K
14% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 44
5.96% less ownership
Funds ownership: 106.26% → 100.31% (-6%)
7% less funds holding
Funds holding: 150 → 140 (-10)
17% less capital invested
Capital invested by funds: $846M → $705M (-$141M)
36% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$19.6M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$17.3M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$7.29M |
| 4 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
+$7.22M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$7.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$31.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$24.3M |
| 3 |
PC
Polar Capital
London,
United Kingdom
|
-$21.3M |
| 4 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$14.5M |
| 5 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$8.94M |
TCMD Hedge Fund Activity: Q3 2020 in Review
140 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Tactile Systems Technology (TCMD) for Q3 2020, worth a combined $705M — down 17% from $846M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of TCMD and 18 opened new positions — a net loss of 10 holders — while 44 trimmed existing stakes and 50 added.
The largest buyer was BlackRock, adding an estimated $19.6M. The largest seller was AllianceBernstein, cutting an estimated $31.3M.
- 140 institutional investors held Tactile Systems Technology (TCMD) as of Q3 2020, down from 150 in Q2 2020.
- Funds reported $705M of Tactile Systems Technology stock for Q3 2020, down 17% quarter-over-quarter.
- 18 funds opened new Tactile Systems Technology positions in Q3 2020 and 28 closed out, a net change of -10 holders.
- The largest Tactile Systems Technology buyer in Q3 2020 was BlackRock, an estimated $19.6M added.
- The largest Tactile Systems Technology seller in Q3 2020 was AllianceBernstein, an estimated $31.3M sold.
Based on aggregated 13F filings for Q3 2020.