Tech Data Corp
TECD
TECD was delisted on the 29th of June, 2020.
286 hedge funds and large institutions have $4.37B invested in Tech Data Corp in 2020 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 86 increasing their positions, 108 reducing their positions, and 67 closing their positions.
22% more funds holding in top 10
Funds holding in top 10: 18 → 22 (+4)
9% more call options, than puts
Call options by funds: $85.9M | Put options by funds: $79.1M
6% less funds holding
Funds holding: 304 → 286 (-18)
10% less capital invested
Capital invested by funds: $4.85B → $4.37B (-$475M)
19% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 67
20% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 108
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAL
TIG Advisors LLC
New York
|
+$139M |
| 2 |
WIC
Water Island Capital
New York
|
+$98.4M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$80.7M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$77.4M |
| 5 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$64.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$139M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$100M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$69.7M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$59.1M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$51.4M |
TECD Hedge Fund Activity: Q1 2020 in Review
286 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Tech Data Corp (TECD) for Q1 2020, worth a combined $4.37B — down 9.8% from $4.85B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of TECD and 54 opened new positions — a net loss of 13 holders — while 108 trimmed existing stakes and 86 added.
The largest buyer was TIG Advisors LLC, opening a new position worth an estimated $139M. The largest seller was LSV Asset Management, cutting an estimated $139M.
- 286 institutional investors held Tech Data Corp (TECD) as of Q1 2020, down from 304 in Q4 2019.
- Funds reported $4.37B of Tech Data Corp stock for Q1 2020, down 9.8% quarter-over-quarter.
- 54 funds opened new Tech Data Corp positions in Q1 2020 and 67 closed out, a net change of -13 holders.
- The largest Tech Data Corp buyer in Q1 2020 was TIG Advisors LLC, an estimated $139M added.
- The largest Tech Data Corp seller in Q1 2020 was LSV Asset Management, an estimated $139M sold.
Based on aggregated 13F filings for Q1 2020.