Tactile Systems Technology
TCMD
58 hedge funds and large institutions have $85.7M invested in Tactile Systems Technology in 2017 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 4 closing their positions.
400% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 4
47% more capital invested
Capital invested by funds: $58.2M → $85.7M (+$27.5M)
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
23% more funds holding
Funds holding: 47 → 58 (+11)
5.6% more ownership
Funds ownership: 21.09% → 26.69% (+5.6%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$3.04M |
| 2 |
BlackRock
New York
|
+$2.92M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.82M |
| 4 |
Renaissance Technologies
New York
|
+$2.5M |
| 5 |
SC
Scholtz & Company
Stamford,
Connecticut
|
+$2.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$4.46M |
| 2 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$2.66M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$425K |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$371K |
| 5 |
GC
Globeflex Capital
San Diego,
California
|
-$224K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
51
Ameritas Investment Partners
Lincoln,
Nebraska
| $8K | +$6.77K | +398 | New |
|
52
Royal Bank of Canada
Toronto,
Ontario, Canada
| $7K | -$3.03K | -178 | -34% |
|
53
UBS Group
Zurich,
Switzerland
| $6K | -$9.44K | -555 | -63% |
|
54
Barclays
London,
United Kingdom
| $5K | +$3.5K | +206 | +261% |
|
55
Citigroup
New York
| $2K | +$1.92K | +113 | +3,767% |
|
56
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1K | – | – | – |
|
57
BNP Paribas Financial Markets
Paris,
France
| $303 | -$3.54K | -208 | -93% |
|
58
Walleye Trading
New York
| $27 | +$23.8K | +1,400 | New |
|
|
GC
59
Globeflex Capital
San Diego,
California
| – | -$224K | -13,662 | Closed |
|
60
Marshall Wace
London,
United Kingdom
| – | -$200K | -12,179 | Closed |
|
|
TRCT
61
Tower Research Capital (TRC)
New York
| – | -$10K | -608 | Closed |
|
|
AG
62
Advisor Group
Phoenix,
Arizona
| – | -$1K | -68 | Closed |
|
TCMD Hedge Fund Activity: Q1 2017 in Review
58 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Tactile Systems Technology (TCMD) for Q1 2017, worth a combined $85.7M — up 47% from $58.2M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TCMD positions and 4 closed out — a net gain of 16 holders — while 17 added to existing stakes and 13 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $3.04M. The largest seller was Fred Alger Management, cutting an estimated $4.46M.
- 58 institutional investors held Tactile Systems Technology (TCMD) as of Q1 2017, up from 47 in Q4 2016.
- Funds reported $85.7M of Tactile Systems Technology stock for Q1 2017, up 47% quarter-over-quarter.
- 20 funds opened new Tactile Systems Technology positions in Q1 2017 and 4 closed out, a net change of +16 holders.
- The largest Tactile Systems Technology buyer in Q1 2017 was Lord, Abbett & Co, an estimated $3.04M added.
- The largest Tactile Systems Technology seller in Q1 2017 was Fred Alger Management, an estimated $4.46M sold.
Based on aggregated 13F filings for Q1 2017.