Tactile Systems Technology
TCMD
132 hedge funds and large institutions have $283M invested in Tactile Systems Technology in 2023 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 43 increasing their positions, 44 reducing their positions, and 45 closing their positions.
882% more call options, than puts
Call options by funds: $1.81M | Put options by funds: $184K
1% less capital invested
Capital invested by funds: $286M → $283M (-$2.91M)
2% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 44
2.47% less ownership
Funds ownership: 86.69% → 84.21% (-2.5%)
14% less funds holding
Funds holding: 154 → 132 (-22)
49% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 45
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadian Capital Management
New York
|
+$21.9M |
| 2 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
+$9.9M |
| 3 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$5.23M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$2.56M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$7.73M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$6.78M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.73M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$4.87M |
| 5 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$4.64M |
TCMD Hedge Fund Activity: Q4 2023 in Review
132 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Tactile Systems Technology (TCMD) for Q4 2023, worth a combined $283M — down 1% from $286M a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of TCMD and 23 opened new positions — a net loss of 22 holders — while 44 trimmed existing stakes and 43 added.
The largest buyer was Cadian Capital Management, opening a new position worth an estimated $21.9M. The largest seller was Divisadero Street Capital Management, exiting entirely with an estimated $7.73M sold.
- 132 institutional investors held Tactile Systems Technology (TCMD) as of Q4 2023, down from 154 in Q3 2023.
- Funds reported $283M of Tactile Systems Technology stock for Q4 2023, down 1% quarter-over-quarter.
- 23 funds opened new Tactile Systems Technology positions in Q4 2023 and 45 closed out, a net change of -22 holders.
- The largest Tactile Systems Technology buyer in Q4 2023 was Cadian Capital Management, an estimated $21.9M added.
- The largest Tactile Systems Technology seller in Q4 2023 was Divisadero Street Capital Management, an estimated $7.73M sold.
Based on aggregated 13F filings for Q4 2023.