Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
27 hedge funds and large institutions have $17.1M invested in Tessco Technologies Inc in 2022 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 3 closing their positions.
7% less funds holding
Funds holding: 29 → 27 (-2)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
14% less capital invested
Capital invested by funds: $19.9M → $17.1M (-$2.84M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tieton Capital Management
Yakima,
Washington
|
+$702K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$226K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$83.1K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$69.3K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$36.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Capital Management
Glen Allen,
Virginia
|
-$2.88M |
| 2 |
Two Sigma Investments
New York
|
-$177K |
| 3 |
Renaissance Technologies
New York
|
-$133K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$114K |
| 5 |
Two Sigma Advisers
New York
|
-$94.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
BNP Paribas Financial Markets
Paris,
France
| $745 | -$299 | -50 | -28% |
|
|
27
Envestnet Asset Management
Chicago,
Illinois
| – | -$114K | -18,889 | Closed |
|
28
Millennium Management
New York
| – | -$65K | -10,711 | Closed |
|
29
UBS Group
Zurich,
Switzerland
| – | -$9K | -1,511 | Closed |
|
TESS Hedge Fund Activity: Q2 2022 in Review
27 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q2 2022, worth a combined $17.1M — down 14% from $19.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of TESS and 1 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 8 added.
The largest buyer was Tieton Capital Management, adding an estimated $702K. The largest seller was Capital Management, cutting an estimated $2.88M.
- 27 institutional investors held Tessco Technologies Inc (TESS) as of Q2 2022, down from 29 in Q1 2022.
- Funds reported $17.1M of Tessco Technologies Inc stock for Q2 2022, down 14% quarter-over-quarter.
- 1 fund opened new Tessco Technologies Inc positions in Q2 2022 and 3 closed out, a net change of -2 holders.
- The largest Tessco Technologies Inc buyer in Q2 2022 was Tieton Capital Management, an estimated $702K added.
- The largest Tessco Technologies Inc seller in Q2 2022 was Capital Management, an estimated $2.88M sold.
Based on aggregated 13F filings for Q2 2022.