Tactile Systems Technology
TCMD
125 hedge funds and large institutions have $125M invested in Tactile Systems Technology in 2022 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 48 increasing their positions, 36 reducing their positions, and 31 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 36
0% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 31
2% less funds holding
Funds holding: 128 → 125 (-3)
6.73% less ownership
Funds ownership: 92.53% → 85.8% (-6.7%)
66% less capital invested
Capital invested by funds: $370M → $125M (-$245M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$9.99M |
| 2 |
D.E. Shaw & Co
New York
|
+$6.59M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$6.05M |
| 4 |
Renaissance Technologies
New York
|
+$5.17M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$4.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$35.4M |
| 2 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
-$28M |
| 3 |
BlackRock
New York
|
-$23M |
| 4 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$8.94M |
| 5 |
State Street
Boston,
Massachusetts
|
-$7.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DFCM
151
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | -$4K | -219 | Closed |
|
|
VCM
152
Versant Capital Management
Phoenix,
Arizona
| – | -$2.13K | -168 | -78% |
|
153
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -114 | Closed |
|
154
Simplex Trading
Chicago,
Illinois
| – | +$1.46K | +115 | +1,045% |
|
TCMD Hedge Fund Activity: Q2 2022 in Review
125 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Tactile Systems Technology (TCMD) for Q2 2022, worth a combined $125M — down 66% from $370M a quarter earlier.
Fund positioning in TCMD was balanced in Q2 2022: 31 funds opened new positions, 31 closed out, 48 added to existing stakes and 36 trimmed.
The largest buyer was Millennium Management, adding an estimated $9.99M. The largest seller was Champlain Investment Partners, exiting entirely with an estimated $35.4M sold.
- 125 institutional investors held Tactile Systems Technology (TCMD) as of Q2 2022, down from 128 in Q1 2022.
- Funds reported $125M of Tactile Systems Technology stock for Q2 2022, down 66% quarter-over-quarter.
- 31 funds opened new Tactile Systems Technology positions in Q2 2022 and 31 closed out, a net change of 0 holders.
- The largest Tactile Systems Technology buyer in Q2 2022 was Millennium Management, an estimated $9.99M added.
- The largest Tactile Systems Technology seller in Q2 2022 was Champlain Investment Partners, an estimated $35.4M sold.
Based on aggregated 13F filings for Q2 2022.