Tactile Systems Technology
TCMD
138 hedge funds and large institutions have $344M invested in Tactile Systems Technology in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 39 increasing their positions, 49 reducing their positions, and 23 closing their positions.
26% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 23
20% more capital invested
Capital invested by funds: $286M → $344M (+$58M)
13% more call options, than puts
Call options by funds: $701K | Put options by funds: $620K
4.62% more ownership
Funds ownership: 85.02% → 89.64% (+4.6%)
5% more funds holding
Funds holding: 132 → 138 (+6)
20% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.19M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$8.08M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$7.85M |
| 4 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$5.85M |
| 5 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$3.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
-$3.29M |
| 2 |
KLC
Kent Lake Capital
Reno,
Nevada
|
-$2.93M |
| 3 |
Goldman Sachs
New York
|
-$2.32M |
| 4 |
AIC
AWM Investment Company
New York
|
-$2.07M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
HSBC Holdings
London,
United Kingdom
| – | -$235K | -16,272 | Closed |
|
|
TC
152
TownSquare Capital
Provo,
Utah
| – | -$191K | -13,360 | Closed |
|
|
OTL
153
Oak Thistle LLC
New York
| – | -$182K | -12,755 | Closed |
|
|
ECM
154
ExodusPoint Capital Management
New York
| – | -$168K | -11,727 | Closed |
|
|
EC
155
EntryPoint Capital
New York
| – | -$109K | -7,646 | Closed |
|
|
QL
156
Quarry LP
New York
| – | -$18K | -1,258 | Closed |
|
|
NA
157
NewEdge Advisors
New Orleans,
Louisiana
| – | -$12K | -836 | Closed |
|
|
PTC
158
Private Trust Company
Cleveland,
Ohio
| – | -$5.22K | -365 | Closed |
|
159
Comerica Bank
Dallas,
Texas
| – | -$2.79K | -195 | Closed |
|
|
FGAM
160
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$77 | -8 | Closed |
|
|
GI
161
Gradient Investments
Arden Hills,
Minnesota
| – | -$14 | -1 | Closed |
|
TCMD Hedge Fund Activity: Q1 2024 in Review
138 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Tactile Systems Technology (TCMD) for Q1 2024, worth a combined $344M — up 20% from $286M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new TCMD positions and 23 closed out — a net gain of 6 holders — while 39 added to existing stakes and 49 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $8.19M. The largest seller was First Light Asset Management, cutting an estimated $3.29M.
- 138 institutional investors held Tactile Systems Technology (TCMD) as of Q1 2024, up from 132 in Q4 2023.
- Funds reported $344M of Tactile Systems Technology stock for Q1 2024, up 20% quarter-over-quarter.
- 29 funds opened new Tactile Systems Technology positions in Q1 2024 and 23 closed out, a net change of +6 holders.
- The largest Tactile Systems Technology buyer in Q1 2024 was Morgan Stanley, an estimated $8.19M added.
- The largest Tactile Systems Technology seller in Q1 2024 was First Light Asset Management, an estimated $3.29M sold.
Based on aggregated 13F filings for Q1 2024.