Tech Data Corp
TECD
TECD was delisted on the 29th of June, 2020.
122 hedge funds and large institutions have $2B invested in Tech Data Corp in 2020 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 34 increasing their positions, 62 reducing their positions, and 182 closing their positions.
42% more call options, than puts
Call options by funds: $187M | Put options by funds: $132M
45% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 62
54% less capital invested
Capital invested by funds: $4.37B → $2B (-$2.37B)
57% less funds holding
Funds holding: 286 → 122 (-164)
64% less funds holding in top 10
Funds holding in top 10: 22 → 8 (-14)
88% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 182
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$174M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$26.8M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$19.9M |
| 4 |
DAM
DLD Asset Management
New York
|
+$16.6M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$430M |
| 2 |
BlackRock
New York
|
-$262M |
| 3 |
State Street
Boston,
Massachusetts
|
-$157M |
| 4 |
TAL
TIG Advisors LLC
New York
|
-$131M |
| 5 |
WIC
Water Island Capital
New York
|
-$121M |
TECD Hedge Fund Activity: Q2 2020 in Review
122 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Tech Data Corp (TECD) for Q2 2020, worth a combined $2B — down 54% from $4.37B a quarter earlier.
Sellers outnumbered buyers: 182 funds closed out of TECD and 22 opened new positions — a net loss of 160 holders — while 62 trimmed existing stakes and 34 added.
The largest buyer was Millennium Management, adding an estimated $174M. The largest seller was Vanguard Group, cutting an estimated $430M.
- 122 institutional investors held Tech Data Corp (TECD) as of Q2 2020, down from 286 in Q1 2020.
- Funds reported $2B of Tech Data Corp stock for Q2 2020, down 54% quarter-over-quarter.
- 22 funds opened new Tech Data Corp positions in Q2 2020 and 182 closed out, a net change of -160 holders.
- The largest Tech Data Corp buyer in Q2 2020 was Millennium Management, an estimated $174M added.
- The largest Tech Data Corp seller in Q2 2020 was Vanguard Group, an estimated $430M sold.
Based on aggregated 13F filings for Q2 2020.