Tactile Systems Technology
TCMD
150 hedge funds and large institutions have $846M invested in Tactile Systems Technology in 2020 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 61 increasing their positions, 47 reducing their positions, and 18 closing their positions.
42% more call options, than puts
Call options by funds: $1.99M | Put options by funds: $1.4M
30% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 47
12% more capital invested
Capital invested by funds: $754M → $846M (+$92.4M)
8.35% more ownership
Funds ownership: 97.91% → 106.26% (+8.4%)
6% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 18
2% less funds holding
Funds holding: 153 → 150 (-3)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$25.2M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$20.1M |
| 3 |
PC
Polar Capital
London,
United Kingdom
|
+$18.4M |
| 4 |
FAM
Fred Alger Management
New York
|
+$13.2M |
| 5 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$7.69M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$7.46M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.83M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$5.3M |
| 5 |
D.E. Shaw & Co
New York
|
-$3.14M |
TCMD Hedge Fund Activity: Q2 2020 in Review
150 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Tactile Systems Technology (TCMD) for Q2 2020, worth a combined $846M — up 12% from $754M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of TCMD and 17 opened new positions — a net loss of 1 holder — while 47 trimmed existing stakes and 61 added.
The largest buyer was Champlain Investment Partners, adding an estimated $25.2M. The largest seller was Citadel Advisors, cutting an estimated $7.69M.
- 150 institutional investors held Tactile Systems Technology (TCMD) as of Q2 2020, down from 153 in Q1 2020.
- Funds reported $846M of Tactile Systems Technology stock for Q2 2020, up 12% quarter-over-quarter.
- 17 funds opened new Tactile Systems Technology positions in Q2 2020 and 18 closed out, a net change of -1 holder.
- The largest Tactile Systems Technology buyer in Q2 2020 was Champlain Investment Partners, an estimated $25.2M added.
- The largest Tactile Systems Technology seller in Q2 2020 was Citadel Advisors, an estimated $7.69M sold.
Based on aggregated 13F filings for Q2 2020.