Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
31 hedge funds and large institutions have $22.5M invested in Tessco Technologies Inc in 2021 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
25% more capital invested
Capital invested by funds: $18M → $22.5M (+$4.58M)
19% more funds holding
Funds holding: 26 → 31 (+5)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Capital Management
Glen Allen,
Virginia
|
+$554K |
| 2 |
Two Sigma Investments
New York
|
+$547K |
| 3 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$546K |
| 4 |
Two Sigma Advisers
New York
|
+$450K |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
+$291K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tieton Capital Management
Yakima,
Washington
|
-$248K |
| 2 |
MC
Moors & Cabot
Boston,
Massachusetts
|
-$138K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$114K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$78.5K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$23K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $4K | +$6 | +1 | +0.2% |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $3K | +$2.6K | +434 | New |
|
|
SPIA
28
Steward Partners Investment Advisory
New York
| $2K | – | – | – |
|
29
BNP Paribas Financial Markets
Paris,
France
| $1.11K | – | – | – |
|
|
30
Acadian Asset Management
Boston,
Massachusetts
| – | -$23K | -4,245 | Closed |
|
|
MAM
31
Meeder Asset Management
Dublin,
Ohio
| – | -$2K | -335 | Closed |
|
|
OSAM
32
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$1K | -143 | Closed |
|
33
Bank of America
Charlotte,
North Carolina
| – | +$36 | +6 | New |
|
TESS Hedge Fund Activity: Q4 2021 in Review
31 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q4 2021, worth a combined $22.5M — up 25% from $18M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new TESS positions and 3 closed out — a net gain of 5 holders — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Capital Management, adding an estimated $554K. The largest seller was Tieton Capital Management, cutting an estimated $248K.
- 31 institutional investors held Tessco Technologies Inc (TESS) as of Q4 2021, up from 26 in Q3 2021.
- Funds reported $22.5M of Tessco Technologies Inc stock for Q4 2021, up 25% quarter-over-quarter.
- 8 funds opened new Tessco Technologies Inc positions in Q4 2021 and 3 closed out, a net change of +5 holders.
- The largest Tessco Technologies Inc buyer in Q4 2021 was Capital Management, an estimated $554K added.
- The largest Tessco Technologies Inc seller in Q4 2021 was Tieton Capital Management, an estimated $248K sold.
Based on aggregated 13F filings for Q4 2021.