Tactile Systems Technology
TCMD
153 hedge funds and large institutions have $754M invested in Tactile Systems Technology in 2020 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 57 increasing their positions, 54 reducing their positions, and 30 closing their positions.
226% more call options, than puts
Call options by funds: $2.22M | Put options by funds: $682K
6% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 54
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.32% less ownership
Funds ownership: 98.23% → 97.91% (-0.32%)
7% less funds holding
Funds holding: 165 → 153 (-12)
30% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 30
40% less capital invested
Capital invested by funds: $1.26B → $754M (-$508M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$10.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$8.55M |
| 3 |
PC
Polar Capital
London,
United Kingdom
|
+$6.35M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$4.29M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$4.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$53.5M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$30.3M |
| 3 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$9.08M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$7.31M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.94M |
TCMD Hedge Fund Activity: Q1 2020 in Review
153 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Tactile Systems Technology (TCMD) for Q1 2020, worth a combined $754M — down 40% from $1.26B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of TCMD and 21 opened new positions — a net loss of 9 holders — while 54 trimmed existing stakes and 57 added.
The largest buyer was Champlain Investment Partners, opening a new position worth an estimated $10.5M. The largest seller was Janus Henderson Group, cutting an estimated $53.5M.
- 153 institutional investors held Tactile Systems Technology (TCMD) as of Q1 2020, down from 165 in Q4 2019.
- Funds reported $754M of Tactile Systems Technology stock for Q1 2020, down 40% quarter-over-quarter.
- 21 funds opened new Tactile Systems Technology positions in Q1 2020 and 30 closed out, a net change of -9 holders.
- The largest Tactile Systems Technology buyer in Q1 2020 was Champlain Investment Partners, an estimated $10.5M added.
- The largest Tactile Systems Technology seller in Q1 2020 was Janus Henderson Group, an estimated $53.5M sold.
Based on aggregated 13F filings for Q1 2020.