Tactile Systems Technology
TCMD
105 hedge funds and large institutions have $394M invested in Tactile Systems Technology in 2017 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 42 increasing their positions, 24 reducing their positions, and 11 closing their positions.
191% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 11
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
75% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 24
71% more capital invested
Capital invested by funds: $230M → $394M (+$164M)
25% more funds holding
Funds holding: 84 → 105 (+21)
24.47% more ownership
Funds ownership: 47.5% → 71.97% (+24%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$17.5M |
| 2 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$17.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.5M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$12.6M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$9.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$4.03M |
| 2 |
Two Sigma Investments
New York
|
-$3M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.64M |
| 4 |
AIC
AWM Investment Company
New York
|
-$2.16M |
| 5 |
SIM
Spark Investment Management
New York
|
-$1.42M |
TCMD Hedge Fund Activity: Q3 2017 in Review
105 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Tactile Systems Technology (TCMD) for Q3 2017, worth a combined $394M — up 71% from $230M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new TCMD positions and 11 closed out — a net gain of 21 holders — while 42 added to existing stakes and 24 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $17.5M. The largest seller was Renaissance Technologies, cutting an estimated $4.03M.
- 105 institutional investors held Tactile Systems Technology (TCMD) as of Q3 2017, up from 84 in Q2 2017.
- Funds reported $394M of Tactile Systems Technology stock for Q3 2017, up 71% quarter-over-quarter.
- 32 funds opened new Tactile Systems Technology positions in Q3 2017 and 11 closed out, a net change of +21 holders.
- The largest Tactile Systems Technology buyer in Q3 2017 was AllianceBernstein, an estimated $17.5M added.
- The largest Tactile Systems Technology seller in Q3 2017 was Renaissance Technologies, an estimated $4.03M sold.
Based on aggregated 13F filings for Q3 2017.