Tactile Systems Technology
TCMD
132 hedge funds and large institutions have $268M invested in Tactile Systems Technology in 2024 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 54 increasing their positions, 39 reducing their positions, and 28 closing their positions.
276% more call options, than puts
Call options by funds: $158K | Put options by funds: $42K
38% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 39
4.93% more ownership
Funds ownership: 89.64% → 94.57% (+4.9%)
4% less funds holding
Funds holding: 138 → 132 (-6)
21% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 28
22% less capital invested
Capital invested by funds: $344M → $268M (-$75.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$13.2M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$11.2M |
| 3 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$7.55M |
| 4 |
PA
Pinnacle Associates
New York
|
+$3.26M |
| 5 |
CCM
Cadian Capital Management
New York
|
+$2.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
-$17.5M |
| 2 |
PA
Perceptive Advisors
New York
|
-$11.3M |
| 3 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$4.48M |
| 4 |
TI
Trexquant Investment
Stamford,
Connecticut
|
-$962K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$955K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MLICM
151
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$20.7K | -1,275 | Closed |
|
152
US Bancorp
Minneapolis,
Minnesota
| – | -$8.78K | -540 | Closed |
|
|
CFM
153
Catalyst Funds Management
Sydney NSW,
Australia
| – | -$8.13K | -500 | Closed |
|
|
NC
154
nVerses Capital
Wellington,
Florida
| – | -$6.5K | -400 | Closed |
|
|
QCG
155
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$4.68K | -288 | Closed |
|
|
CA
156
Crewe Advisors
Salt Lake City,
Utah
| – | -$3.01K | -185 | Closed |
|
|
CPG
157
Cornerstone Planning Group
Fairfield,
New Jersey
| – | -$1.13K | -79 | Closed |
|
|
S
158
SignatureFD
Atlanta,
Georgia
| – | -$260 | -16 | Closed |
|
|
PA
159
Parallel Advisors
San Francisco,
California
| – | -$211 | -13 | Closed |
|
|
AWM
160
Avior Wealth Management
Omaha,
Nebraska
| – | -$81 | -5 | Closed |
|
TCMD Hedge Fund Activity: Q2 2024 in Review
132 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Tactile Systems Technology (TCMD) for Q2 2024, worth a combined $268M — down 22% from $344M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of TCMD and 22 opened new positions — a net loss of 6 holders — while 39 trimmed existing stakes and 54 added.
The largest buyer was Morgan Stanley, adding an estimated $13.2M. The largest seller was First Light Asset Management, cutting an estimated $17.5M.
- 132 institutional investors held Tactile Systems Technology (TCMD) as of Q2 2024, down from 138 in Q1 2024.
- Funds reported $268M of Tactile Systems Technology stock for Q2 2024, down 22% quarter-over-quarter.
- 22 funds opened new Tactile Systems Technology positions in Q2 2024 and 28 closed out, a net change of -6 holders.
- The largest Tactile Systems Technology buyer in Q2 2024 was Morgan Stanley, an estimated $13.2M added.
- The largest Tactile Systems Technology seller in Q2 2024 was First Light Asset Management, an estimated $17.5M sold.
Based on aggregated 13F filings for Q2 2024.