Tactile Systems Technology
TCMD
84 hedge funds and large institutions have $230M invested in Tactile Systems Technology in 2017 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 34 increasing their positions, 13 reducing their positions, and 3 closing their positions.
900% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 3
168% more capital invested
Capital invested by funds: $85.7M → $230M (+$144M)
162% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 13
45% more funds holding
Funds holding: 58 → 84 (+26)
20.82% more ownership
Funds ownership: 26.69% → 47.5% (+21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$10.5M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$9.84M |
| 3 |
BlackRock
New York
|
+$7.53M |
| 4 |
Millennium Management
New York
|
+$6.3M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$4.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Perkins Capital Management
Wayzata,
Minnesota
|
-$1.84M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$1.65M |
| 3 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$1.28M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$518K |
| 5 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$487K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Federated Hermes
Pittsburgh,
Pennsylvania
| $21K | +$16.2K | +719 | New |
|
|
TDC
77
Thompson Davis & Co
Richmond,
Virginia
| $14K | – | – | – |
|
|
FAM
78
Fred Alger Management
New York
| $13K | – | – | – |
|
79
Envestnet Asset Management
Chicago,
Illinois
| $12K | – | – | – |
|
|
AIM
80
Acrospire Investment Management
Chicago,
Illinois
| $9K | -$9.01K | -400 | -55% |
|
|
TRCT
81
Tower Research Capital (TRC)
New York
| $9K | +$6.75K | +300 | New |
|
|
PAM
82
Panagora Asset Management
Boston,
Massachusetts
| $9K | +$7.05K | +313 | New |
|
83
Citigroup
New York
| $2K | -$1.24K | -55 | -47% |
|
|
WAM
84
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $1K | +$788 | +35 | New |
|
|
PCM
85
Perkins Capital Management
Wayzata,
Minnesota
| – | -$1.84M | -96,961 | Closed |
|
|
TI
86
Trexquant Investment
Stamford,
Connecticut
| – | -$224K | -11,800 | Closed |
|
87
Walleye Trading
New York
| – | -$27 | -1,400 | Closed |
|
TCMD Hedge Fund Activity: Q2 2017 in Review
84 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Tactile Systems Technology (TCMD) for Q2 2017, worth a combined $230M — up 168% from $85.7M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TCMD positions and 3 closed out — a net gain of 27 holders — while 34 added to existing stakes and 13 trimmed.
The largest buyer was Russell Investments Group, opening a new position worth an estimated $10.5M. The largest seller was Perkins Capital Management, exiting entirely with an estimated $1.84M sold.
- 84 institutional investors held Tactile Systems Technology (TCMD) as of Q2 2017, up from 58 in Q1 2017.
- Funds reported $230M of Tactile Systems Technology stock for Q2 2017, up 168% quarter-over-quarter.
- 30 funds opened new Tactile Systems Technology positions in Q2 2017 and 3 closed out, a net change of +27 holders.
- The largest Tactile Systems Technology buyer in Q2 2017 was Russell Investments Group, an estimated $10.5M added.
- The largest Tactile Systems Technology seller in Q2 2017 was Perkins Capital Management, an estimated $1.84M sold.
Based on aggregated 13F filings for Q2 2017.