Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
27 hedge funds and large institutions have $10.1M invested in Tessco Technologies Inc in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 12 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
4% more funds holding
Funds holding: 26 → 27 (+1)
7% less capital invested
Capital invested by funds: $10.9M → $10.1M (-$793K)
50% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$146K |
| 2 |
Millennium Management
New York
|
+$98.5K |
| 3 |
LCM
Legato Capital Management
San Francisco,
California
|
+$46.8K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$14.7K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$5.59K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Capital Management
Glen Allen,
Virginia
|
-$478K |
| 2 |
MC
Moors & Cabot
Boston,
Massachusetts
|
-$280K |
| 3 |
Renaissance Technologies
New York
|
-$115K |
| 4 |
TCM
Tieton Capital Management
Yakima,
Washington
|
-$63.2K |
| 5 |
Two Sigma Advisers
New York
|
-$21.4K |
TESS Hedge Fund Activity: Q4 2022 in Review
27 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q4 2022, worth a combined $10.1M — down 7.3% from $10.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new TESS positions and 2 closed out — a net gain of 1 holder — while 6 added to existing stakes and 12 trimmed.
The largest buyer was Essex Investment Management, adding an estimated $146K. The largest seller was Capital Management, exiting entirely with an estimated $478K sold.
- 27 institutional investors held Tessco Technologies Inc (TESS) as of Q4 2022, up from 26 in Q3 2022.
- Funds reported $10.1M of Tessco Technologies Inc stock for Q4 2022, down 7.3% quarter-over-quarter.
- 3 funds opened new Tessco Technologies Inc positions in Q4 2022 and 2 closed out, a net change of +1 holder.
- The largest Tessco Technologies Inc buyer in Q4 2022 was Essex Investment Management, an estimated $146K added.
- The largest Tessco Technologies Inc seller in Q4 2022 was Capital Management, an estimated $478K sold.
Based on aggregated 13F filings for Q4 2022.