Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
55 hedge funds and large institutions have $123M invested in Tessco Technologies Inc in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 22 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
4% more funds holding
Funds holding: 53 → 55 (+2)
15% less capital invested
Capital invested by funds: $144M → $123M (-$21.5M)
36% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$556K |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$553K |
| 3 |
CIC
Crawford Investment Counsel
Atlanta,
Georgia
|
+$510K |
| 4 |
Goldman Sachs
New York
|
+$200K |
| 5 |
PAM
Paradigm Asset Management
New York
|
+$163K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$558K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$538K |
| 3 |
Two Sigma Investments
New York
|
-$256K |
| 4 |
RA
Royce & Associates
New York
|
-$225K |
| 5 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$210K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BNP Paribas Financial Markets
Paris,
France
| $3.18K | +$3.14K | +129 | New |
|
52
US Bancorp
Minneapolis,
Minnesota
| $3K | – | – | – |
|
|
MFS
53
MSI Financial Services
Springfield,
Massachusetts
| $2K | – | – | – |
|
54
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
55
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $77 | -$20.1K | -825 | -21% |
|
|
56
Two Sigma Investments
New York
| – | -$256K | -8,837 | Closed |
|
|
57
RhumbLine Advisers
Boston,
Massachusetts
| – | -$210K | -7,242 | Closed |
|
58
Envestnet Asset Management
Chicago,
Illinois
| – | -$4K | -149 | Closed |
|
|
GC
59
Globeflex Capital
San Diego,
California
| – | -$1K | -36 | Closed |
|
TESS Hedge Fund Activity: Q1 2015 in Review
55 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q1 2015, worth a combined $123M — down 15% from $144M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new TESS positions and 4 closed out — a net gain of 2 holders — while 14 added to existing stakes and 22 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $556K. The largest seller was State Street, cutting an estimated $558K.
- 55 institutional investors held Tessco Technologies Inc (TESS) as of Q1 2015, up from 53 in Q4 2014.
- Funds reported $123M of Tessco Technologies Inc stock for Q1 2015, down 15% quarter-over-quarter.
- 6 funds opened new Tessco Technologies Inc positions in Q1 2015 and 4 closed out, a net change of +2 holders.
- The largest Tessco Technologies Inc buyer in Q1 2015 was Royal Bank of Canada, an estimated $556K added.
- The largest Tessco Technologies Inc seller in Q1 2015 was State Street, an estimated $558K sold.
Based on aggregated 13F filings for Q1 2015.