Tactile Systems Technology
TCMD
154 hedge funds and large institutions have $794M invested in Tactile Systems Technology in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 70 increasing their positions, 47 reducing their positions, and 25 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 47
42% more call options, than puts
Call options by funds: $5.24M | Put options by funds: $3.69M
1.78% less ownership
Funds ownership: 100.64% → 98.87% (-1.8%)
10% less funds holding
Funds holding: 172 → 154 (-18)
26% less capital invested
Capital invested by funds: $1.08B → $794M (-$285M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
68% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Silvercrest Asset Management
New York
|
+$16.8M |
| 2 |
FAM
Fred Alger Management
New York
|
+$15.9M |
| 3 |
BlackRock
New York
|
+$9.58M |
| 4 |
Janus Henderson Group
London,
|
+$6.81M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$5.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$19.2M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$9.36M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$7.47M |
| 4 |
D.E. Shaw & Co
New York
|
-$5.51M |
| 5 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$4.31M |
TCMD Hedge Fund Activity: Q3 2019 in Review
154 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Tactile Systems Technology (TCMD) for Q3 2019, worth a combined $794M — down 26% from $1.08B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of TCMD and 8 opened new positions — a net loss of 17 holders — while 47 trimmed existing stakes and 70 added.
The largest buyer was Silvercrest Asset Management, opening a new position worth an estimated $16.8M. The largest seller was Lord, Abbett & Co, cutting an estimated $19.2M.
- 154 institutional investors held Tactile Systems Technology (TCMD) as of Q3 2019, down from 172 in Q2 2019.
- Funds reported $794M of Tactile Systems Technology stock for Q3 2019, down 26% quarter-over-quarter.
- 8 funds opened new Tactile Systems Technology positions in Q3 2019 and 25 closed out, a net change of -17 holders.
- The largest Tactile Systems Technology buyer in Q3 2019 was Silvercrest Asset Management, an estimated $16.8M added.
- The largest Tactile Systems Technology seller in Q3 2019 was Lord, Abbett & Co, an estimated $19.2M sold.
Based on aggregated 13F filings for Q3 2019.