Tactile Systems Technology
TCMD
119 hedge funds and large institutions have $530M invested in Tactile Systems Technology in 2018 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 54 increasing their positions, 34 reducing their positions, and 19 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
59% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 34
13% more capital invested
Capital invested by funds: $468M → $530M (+$61.9M)
1.28% more ownership
Funds ownership: 91.2% → 92.48% (+1.3%)
3% less funds holding
Funds holding: 123 → 119 (-4)
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $226K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$18.5M |
| 2 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$14.7M |
| 3 |
FAM
Fred Alger Management
New York
|
+$7.49M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.86M |
| 5 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$5.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.3M |
| 2 |
Millennium Management
New York
|
-$9.55M |
| 3 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$7.26M |
| 4 |
RI
RTW Investments
New York
|
-$6.1M |
| 5 |
PC
Pier Capital
Stamford,
Connecticut
|
-$5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Neuberger Berman Group
New York
| – | -$1.03M | -35,500 | Closed |
|
127
Squarepoint
New York
| – | -$799K | -27,567 | Closed |
|
|
BCM
128
Bridgeway Capital Management
Houston,
Texas
| – | -$725K | -25,000 | Closed |
|
129
Lazard Asset Management
New York
| – | -$587K | -20,261 | Closed |
|
|
GCP
130
GSA Capital Partners
London,
United Kingdom
| – | -$508K | -17,531 | Closed |
|
|
ARTA
131
A.R.T. Advisors
New York
| – | -$503K | -17,371 | Closed |
|
|
CPIG
132
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$390K | -13,450 | Closed |
|
133
Asset Management One
Tokyo,
Japan
| – | -$389K | -12,930 | Closed |
|
|
AP
134
Advisors Preferred
Rockville,
Maryland
| – | -$160K | -5,532 | Closed |
|
135
Parallax Volatility Advisers
San Francisco,
California
| – | -$57K | -1,974 | Closed |
|
|
TRCT
136
Tower Research Capital (TRC)
New York
| – | -$25K | -866 | Closed |
|
TCMD Hedge Fund Activity: Q1 2018 in Review
119 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Tactile Systems Technology (TCMD) for Q1 2018, worth a combined $530M — up 13% from $468M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of TCMD and 15 opened new positions — a net loss of 4 holders — while 34 trimmed existing stakes and 54 added.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $18.5M. The largest seller was Fidelity Investments, exiting entirely with an estimated $12.3M sold.
- 119 institutional investors held Tactile Systems Technology (TCMD) as of Q1 2018, down from 123 in Q4 2017.
- Funds reported $530M of Tactile Systems Technology stock for Q1 2018, up 13% quarter-over-quarter.
- 15 funds opened new Tactile Systems Technology positions in Q1 2018 and 19 closed out, a net change of -4 holders.
- The largest Tactile Systems Technology buyer in Q1 2018 was Janus Henderson Group, an estimated $18.5M added.
- The largest Tactile Systems Technology seller in Q1 2018 was Fidelity Investments, an estimated $12.3M sold.
Based on aggregated 13F filings for Q1 2018.