Tactile Systems Technology
TCMD
151 hedge funds and large institutions have $491M invested in Tactile Systems Technology in 2023 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 43 increasing their positions, 59 reducing their positions, and 14 closing their positions.
2,798% more call options, than puts
Call options by funds: $1.71M | Put options by funds: $59K
150% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 14
56% more capital invested
Capital invested by funds: $314M → $491M (+$177M)
16% more funds holding
Funds holding: 130 → 151 (+21)
0.65% more ownership
Funds ownership: 84.01% → 84.66% (+0.65%)
27% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 59
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$8.96M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.55M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$5.03M |
| 4 |
State Street
Boston,
Massachusetts
|
+$4.64M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$4.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$4.31M |
| 2 |
Millennium Management
New York
|
-$4.29M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$4.24M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.25M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$3.16M |
TCMD Hedge Fund Activity: Q2 2023 in Review
151 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Tactile Systems Technology (TCMD) for Q2 2023, worth a combined $491M — up 56% from $314M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new TCMD positions and 14 closed out — a net gain of 21 holders — while 43 added to existing stakes and 59 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $8.96M. The largest seller was JP Morgan Chase, cutting an estimated $4.31M.
- 151 institutional investors held Tactile Systems Technology (TCMD) as of Q2 2023, up from 130 in Q1 2023.
- Funds reported $491M of Tactile Systems Technology stock for Q2 2023, up 56% quarter-over-quarter.
- 35 funds opened new Tactile Systems Technology positions in Q2 2023 and 14 closed out, a net change of +21 holders.
- The largest Tactile Systems Technology buyer in Q2 2023 was Driehaus Capital Management, an estimated $8.96M added.
- The largest Tactile Systems Technology seller in Q2 2023 was JP Morgan Chase, an estimated $4.31M sold.
Based on aggregated 13F filings for Q2 2023.