Tactile Systems Technology
TCMD
169 hedge funds and large institutions have $597M invested in Tactile Systems Technology in 2025 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 53 increasing their positions, 48 reducing their positions, and 8 closing their positions.
538% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 8
353% more call options, than puts
Call options by funds: $2.98M | Put options by funds: $658K
113% more capital invested
Capital invested by funds: $281M → $597M (+$316M)
34% more funds holding
Funds holding: 126 → 169 (+43)
10% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 48
1.15% more ownership
Funds ownership: 91.03% → 92.17% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$12.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$11.8M |
| 3 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$8.66M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$6.2M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$5.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadian Capital Management
New York
|
-$21.6M |
| 2 |
Morgan Stanley
New York
|
-$18.4M |
| 3 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$17.8M |
| 4 |
CLGM
Capitolis Liquid Global Markets
New York
|
-$15.7M |
| 5 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$4.89M |
TCMD Hedge Fund Activity: Q4 2025 in Review
169 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Tactile Systems Technology (TCMD) for Q4 2025, worth a combined $597M — up 113% from $281M a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new TCMD positions and 8 closed out — a net gain of 43 holders — while 53 added to existing stakes and 48 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $12.6M. The largest seller was Cadian Capital Management, cutting an estimated $21.6M.
- 169 institutional investors held Tactile Systems Technology (TCMD) as of Q4 2025, up from 126 in Q3 2025.
- Funds reported $597M of Tactile Systems Technology stock for Q4 2025, up 113% quarter-over-quarter.
- 51 funds opened new Tactile Systems Technology positions in Q4 2025 and 8 closed out, a net change of +43 holders.
- The largest Tactile Systems Technology buyer in Q4 2025 was Driehaus Capital Management, an estimated $12.6M added.
- The largest Tactile Systems Technology seller in Q4 2025 was Cadian Capital Management, an estimated $21.6M sold.
Based on aggregated 13F filings for Q4 2025.