Tactile Systems Technology
TCMD
171 hedge funds and large institutions have $597M invested in Tactile Systems Technology in 2025 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 54 increasing their positions, 48 reducing their positions, and 8 closing their positions.
550% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 8
353% more call options, than puts
Call options by funds: $2.98M | Put options by funds: $658K
35% more funds holding
Funds holding: 127 → 171 (+44)
13% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 48
10% more capital inflows, than outflows
Capital inflows: $108M | Capital outflows: $98.1M
1.15% more ownership
Funds ownership: 91.03% → 92.18% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Driehaus Capital Management
Chicago,
Illinois
|
+$12.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$11.8M |
| 3 |
Next Century Growth Investors
Plymouth,
Minnesota
|
+$8.66M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$6.2M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$5.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cadian Capital Management
New York
|
-$21.6M |
| 2 |
Morgan Stanley
New York
|
-$18.4M |
| 3 |
Paradigm Capital Management Inc
Albany,
New York
|
-$17.8M |
| 4 |
Capitolis Liquid Global Markets
New York
|
-$15.7M |
| 5 |
Invenomic Capital Management
Boston,
Massachusetts
|
-$4.89M |
TCMD Hedge Fund Activity: Q4 2025 in Review
171 of the 8,302 institutional investors tracked by Wall St. Rank reported a position in Tactile Systems Technology (TCMD) for Q4 2025, worth a combined $597M — up 113% from $281M a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new TCMD positions and 8 closed out — a net gain of 44 holders — while 54 added to existing stakes and 48 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $12.6M. The largest seller was Cadian Capital Management, cutting an estimated $21.6M.
- 171 institutional investors held Tactile Systems Technology (TCMD) as of Q4 2025, up from 127 in Q3 2025.
- Funds reported $597M of Tactile Systems Technology stock for Q4 2025, up 113% quarter-over-quarter.
- 52 funds opened new Tactile Systems Technology positions in Q4 2025 and 8 closed out, a net change of +44 holders.
- The largest Tactile Systems Technology buyer in Q4 2025 was Driehaus Capital Management, an estimated $12.6M added.
- The largest Tactile Systems Technology seller in Q4 2025 was Cadian Capital Management, an estimated $21.6M sold.
Based on aggregated 13F filings for Q4 2025.