Tactile Systems Technology
TCMD
123 hedge funds and large institutions have $468M invested in Tactile Systems Technology in 2017 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 47 increasing their positions, 31 reducing their positions, and 21 closing their positions.
86% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 21
52% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 31
19.23% more ownership
Funds ownership: 71.97% → 91.2% (+19%)
19% more capital invested
Capital invested by funds: $394M → $468M (+$74.8M)
17% more funds holding
Funds holding: 105 → 123 (+18)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$32.8M |
| 2 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$14.6M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$14M |
| 4 |
FAM
Fred Alger Management
New York
|
+$11.7M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Castleark Management
Chicago,
Illinois
|
-$9M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$6.19M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$5.49M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$5.22M |
| 5 |
RI
RTW Investments
New York
|
-$4.14M |
TCMD Hedge Fund Activity: Q4 2017 in Review
123 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Tactile Systems Technology (TCMD) for Q4 2017, worth a combined $468M — up 19% from $394M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new TCMD positions and 21 closed out — a net gain of 18 holders — while 47 added to existing stakes and 31 trimmed.
The largest buyer was BlackRock, adding an estimated $32.8M. The largest seller was Castleark Management, exiting entirely with an estimated $9M sold.
- 123 institutional investors held Tactile Systems Technology (TCMD) as of Q4 2017, up from 105 in Q3 2017.
- Funds reported $468M of Tactile Systems Technology stock for Q4 2017, up 19% quarter-over-quarter.
- 39 funds opened new Tactile Systems Technology positions in Q4 2017 and 21 closed out, a net change of +18 holders.
- The largest Tactile Systems Technology buyer in Q4 2017 was BlackRock, an estimated $32.8M added.
- The largest Tactile Systems Technology seller in Q4 2017 was Castleark Management, an estimated $9M sold.
Based on aggregated 13F filings for Q4 2017.