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TELA Bio

67 hedge funds and large institutions have $175M invested in TELA Bio in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 29 increasing their positions, 20 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 20

20% more call options, than puts

Call options by funds: $54K | Put options by funds: $45K

0% more funds holding

Funds holding: 6767 (0)

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

0.98% less ownership

Funds ownership: 90.21%89.23% (-0.98%)

22% less capital invested

Capital invested by funds: $223M → $175M (-$48.6M)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
67
Holders Change
Holders Change %
0%
% of All Funds
1.06%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
3
Increased
29
Reduced
20
Closed
3
Calls
$54K
Puts
$45K
Net Calls
+$9K
Net Calls Change
-$4K
Name Holding Trade Value Shares
Change
Change in
Stake
EWM
1
Essex Woodlands Management
Texas
$32.9M
O
2
OrbiMed
New York
$22.7M
FLAM
3
First Light Asset Management
Minnesota
$19.8M +$7.01M +754,764 +44%
ACM
4
AIGH Capital Management
Maryland
$10M -$3.76M -405,000 -24%
BlackRock
5
BlackRock
New York
$8.16M +$79.1K +8,515 +0.8%
Vanguard Group
6
Vanguard Group
Pennsylvania
$7.81M +$999K +107,484 +12%
PCM
7
Pentwater Capital Management
Florida
$7.4M +$429K +46,201 +5%
OM
8
Opaleye Management
Massachusetts
$6M -$7.71M -830,000 -53%
VCIM
9
Velan Capital Investment Management
Georgia
$5.97M
Federated Hermes
10
Federated Hermes
Pennsylvania
$5.7M -$27.9K -3,000 -0.4%
SAM
11
Sectoral Asset Management
Quebec, Canada
$4.2M +$3.22M +346,628 +194%
SCM
12
Stonepine Capital Management
Oregon
$3.94M +$86.4K +9,300 +2%
SCM
13
Silverarc Capital Management
Massachusetts
$3.92M +$688K +74,031 +18%
NCGI
14
Next Century Growth Investors
Minnesota
$3.79M -$2.8M -301,781 -39%
NCM
15
Nantahala Capital Management
Connecticut
$3.65M +$929K +100,000 +28%
KCM
16
Kennedy Capital Management
Missouri
$3.1M +$18.2K +1,961 +0.5%
PVI
17
Pura Vida Investments
New York
$2.7M -$603K -64,841 -16%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$2.68M +$87.8K +9,449 +3%
WVP
19
Worth Venture Partners
New Jersey
$2.51M -$920K -99,021 -24%
State Street
20
State Street
Massachusetts
$2.23M -$26K -2,803 -1%
PCMI
21
Paradigm Capital Management Inc
New York
$1.76M +$2.04M +219,500 New
Russell Investments Group
22
Russell Investments Group
United Kingdom
$1.53M -$148K -15,923 -8%
PCM
23
Perkins Capital Management
Minnesota
$1.52M
PHP
24
Parkman Healthcare Partners
Connecticut
$1.33M +$71.5K +7,699 +5%
JAMONY
25
Jacob Asset Management of New York
California
$1.28M +$37.2K +4,000 +3%

TELA Hedge Fund Activity: Q3 2023 in Review

67 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in TELA Bio (TELA) for Q3 2023, worth a combined $175M — down 22% from $223M a quarter earlier.

Fund positioning in TELA was balanced in Q3 2023: 3 funds opened new positions, 3 closed out, 29 added to existing stakes and 20 trimmed.

The largest buyer was First Light Asset Management, adding an estimated $7.01M. The largest seller was Opaleye Management, cutting an estimated $7.71M.

  • 67 institutional investors held TELA Bio (TELA) as of Q3 2023, unchanged from Q2 2023.
  • Funds reported $175M of TELA Bio stock for Q3 2023, down 22% quarter-over-quarter.
  • 3 funds opened new TELA Bio positions in Q3 2023 and 3 closed out, a net change of 0 holders.
  • The largest TELA Bio buyer in Q3 2023 was First Light Asset Management, an estimated $7.01M added.
  • The largest TELA Bio seller in Q3 2023 was Opaleye Management, an estimated $7.71M sold.

Based on aggregated 13F filings for Q3 2023.