Tactile Systems Technology
TCMD
172 hedge funds and large institutions have $1.08B invested in Tactile Systems Technology in 2019 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 82 increasing their positions, 46 reducing their positions, and 32 closing their positions.
266% more call options, than puts
Call options by funds: $15.9M | Put options by funds: $4.33M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
78% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 46
9% more capital invested
Capital invested by funds: $989M → $1.08B (+$89.9M)
0.95% more ownership
Funds ownership: 99.69% → 100.64% (+0.95%)
9% less funds holding
Funds holding: 189 → 172 (-17)
44% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$12.3M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$10.4M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$9.65M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$8.16M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$7.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$12.3M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
-$10.5M |
| 3 |
Renaissance Technologies
New York
|
-$6.62M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$6.08M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$5.93M |
TCMD Hedge Fund Activity: Q2 2019 in Review
172 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Tactile Systems Technology (TCMD) for Q2 2019, worth a combined $1.08B — up 9.1% from $989M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of TCMD and 18 opened new positions — a net loss of 14 holders — while 46 trimmed existing stakes and 82 added.
The largest buyer was Waddell & Reed Financial, adding an estimated $12.3M. The largest seller was Fred Alger Management, cutting an estimated $12.3M.
- 172 institutional investors held Tactile Systems Technology (TCMD) as of Q2 2019, down from 189 in Q1 2019.
- Funds reported $1.08B of Tactile Systems Technology stock for Q2 2019, up 9.1% quarter-over-quarter.
- 18 funds opened new Tactile Systems Technology positions in Q2 2019 and 32 closed out, a net change of -14 holders.
- The largest Tactile Systems Technology buyer in Q2 2019 was Waddell & Reed Financial, an estimated $12.3M added.
- The largest Tactile Systems Technology seller in Q2 2019 was Fred Alger Management, an estimated $12.3M sold.
Based on aggregated 13F filings for Q2 2019.