Tactile Systems Technology
TCMD
155 hedge funds and large institutions have $286M invested in Tactile Systems Technology in 2023 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 59 increasing their positions, 44 reducing their positions, and 28 closing their positions.
150% more call options, than puts
Call options by funds: $6M | Put options by funds: $2.4M
34% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 44
18% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 28
3% more funds holding
Funds holding: 151 → 155 (+4)
2.02% more ownership
Funds ownership: 84.66% → 86.69% (+2%)
42% less capital invested
Capital invested by funds: $491M → $286M (-$205M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
+$26.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.34M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.53M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$3.51M |
| 5 |
Renaissance Technologies
New York
|
+$3.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$8.22M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$5.97M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.95M |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
-$4.77M |
| 5 |
LCG
Lisanti Capital Growth
New York
|
-$4.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJFSA
176
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$221K | -8,872 | Closed |
|
177
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
| – | -$217K | -8,686 | Closed |
|
|
WAP
178
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$205K | -8,227 | Closed |
|
179
CIBC World Market
Toronto,
Ontario, Canada
| – | -$203K | -8,127 | Closed |
|
180
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$66.5K | -2,671 | Closed |
|
|
DWA
181
Dorsey Wright & Associates
Pasadena,
California
| – | -$30.5K | -1,223 | Closed |
|
|
AS
182
Altshuler Shaham
Tel Aviv,
Israel
| – | -$28.7K | -1,151 | Closed |
|
183
Simplex Trading
Chicago,
Illinois
| – | -$19.6K | -1,001 | Closed |
|
|
WP
184
WealthPLAN Partners
Omaha,
Nebraska
| – | -$2.77K | -111 | Closed |
|
TCMD Hedge Fund Activity: Q3 2023 in Review
155 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Tactile Systems Technology (TCMD) for Q3 2023, worth a combined $286M — down 42% from $491M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new TCMD positions and 28 closed out — a net gain of 5 holders — while 59 added to existing stakes and 44 trimmed.
The largest buyer was First Light Asset Management, adding an estimated $26.6M. The largest seller was Divisadero Street Capital Management, cutting an estimated $8.22M.
- 155 institutional investors held Tactile Systems Technology (TCMD) as of Q3 2023, up from 151 in Q2 2023.
- Funds reported $286M of Tactile Systems Technology stock for Q3 2023, down 42% quarter-over-quarter.
- 33 funds opened new Tactile Systems Technology positions in Q3 2023 and 28 closed out, a net change of +5 holders.
- The largest Tactile Systems Technology buyer in Q3 2023 was First Light Asset Management, an estimated $26.6M added.
- The largest Tactile Systems Technology seller in Q3 2023 was Divisadero Street Capital Management, an estimated $8.22M sold.
Based on aggregated 13F filings for Q3 2023.