Tactile Systems Technology
TCMD
130 hedge funds and large institutions have $314M invested in Tactile Systems Technology in 2023 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 38 increasing their positions, 52 reducing their positions, and 15 closing their positions.
191% more call options, than puts
Call options by funds: $402K | Put options by funds: $138K
73% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 15
63% more capital invested
Capital invested by funds: $192M → $314M (+$122M)
8% more funds holding
Funds holding: 120 → 130 (+10)
0.17% less ownership
Funds ownership: 84.18% → 84.01% (-0.17%)
27% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
+$11.2M |
| 2 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
+$9.75M |
| 3 |
PA
Perceptive Advisors
New York
|
+$8.91M |
| 4 |
AIC
AWM Investment Company
New York
|
+$5.57M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$3.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$7.71M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$7.02M |
| 3 |
Morgan Stanley
New York
|
-$6.62M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.6M |
| 5 |
D.E. Shaw & Co
New York
|
-$2.49M |
TCMD Hedge Fund Activity: Q1 2023 in Review
130 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Tactile Systems Technology (TCMD) for Q1 2023, worth a combined $314M — up 63% from $192M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new TCMD positions and 15 closed out — a net gain of 11 holders — while 38 added to existing stakes and 52 trimmed.
The largest buyer was Divisadero Street Capital Management, opening a new position worth an estimated $11.2M. The largest seller was Millennium Management, cutting an estimated $7.71M.
- 130 institutional investors held Tactile Systems Technology (TCMD) as of Q1 2023, up from 120 in Q4 2022.
- Funds reported $314M of Tactile Systems Technology stock for Q1 2023, up 63% quarter-over-quarter.
- 26 funds opened new Tactile Systems Technology positions in Q1 2023 and 15 closed out, a net change of +11 holders.
- The largest Tactile Systems Technology buyer in Q1 2023 was Divisadero Street Capital Management, an estimated $11.2M added.
- The largest Tactile Systems Technology seller in Q1 2023 was Millennium Management, an estimated $7.71M sold.
Based on aggregated 13F filings for Q1 2023.