Tactile Systems Technology
TCMD
124 hedge funds and large institutions have $125M invested in Tactile Systems Technology in 2022 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 48 increasing their positions, 35 reducing their positions, and 31 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 35
0% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 31
2% less funds holding
Funds holding: 127 → 124 (-3)
6.73% less ownership
Funds ownership: 92.53% → 85.8% (-6.7%)
35% less capital inflows, than outflows
Capital inflows: $93.8M | Capital outflows: $144M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$10M |
| 2 |
D.E. Shaw & Co
New York
|
+$6.59M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$6.05M |
| 4 |
Renaissance Technologies
New York
|
+$5.17M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$4.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Champlain Investment Partners
Burlington,
Vermont
|
-$35.4M |
| 2 |
Geneva Capital Management
Milwaukee,
Wisconsin
|
-$28M |
| 3 |
BlackRock
New York
|
-$23M |
| 4 |
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$8.94M |
| 5 |
State Street
Boston,
Massachusetts
|
-$7.03M |
TCMD Hedge Fund Activity: Q2 2022 in Review
124 of the 5,963 institutional investors tracked by Wall St. Rank reported a position in Tactile Systems Technology (TCMD) for Q2 2022, worth a combined $125M — down 66% from $372M a quarter earlier.
Fund positioning in TCMD was balanced in Q2 2022: 31 funds opened new positions, 31 closed out, 48 added to existing stakes and 35 trimmed.
The largest buyer was Millennium Management, adding an estimated $10M. The largest seller was Champlain Investment Partners, exiting entirely with an estimated $35.4M sold.
- 124 institutional investors held Tactile Systems Technology (TCMD) as of Q2 2022, down from 127 in Q1 2022.
- Funds reported $125M of Tactile Systems Technology stock for Q2 2022, down 66% quarter-over-quarter.
- 31 funds opened new Tactile Systems Technology positions in Q2 2022 and 31 closed out, a net change of 0 holders.
- The largest Tactile Systems Technology buyer in Q2 2022 was Millennium Management, an estimated $10M added.
- The largest Tactile Systems Technology seller in Q2 2022 was Champlain Investment Partners, an estimated $35.4M sold.
Based on aggregated 13F filings for Q2 2022.