Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
53 hedge funds and large institutions have $104M invested in Tessco Technologies Inc in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 15 reducing their positions, and 8 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 15
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
6% more capital invested
Capital invested by funds: $98.4M → $104M (+$5.99M)
2% more funds holding
Funds holding: 52 → 53 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$4.53M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$711K |
| 3 |
Morgan Stanley
New York
|
+$704K |
| 4 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
+$670K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$532K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$3.03M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$1.74M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$989K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$965K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$614K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
|
GC
52
Globeflex Capital
San Diego,
California
| $1K | +$651 | +29 | New |
|
53
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1 | +$1.59K | +71 | New |
|
|
54
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$614K | -30,974 | Closed |
|
|
CS
55
Credit Suisse
Zurich,
Switzerland
| – | -$397K | -20,051 | Closed |
|
|
ETM
56
Euclidean Technologies Management
Seattle,
Washington
| – | -$326K | -16,445 | Closed |
|
|
AGM
57
Alpine Global Management
New York
| – | -$280K | -14,111 | Closed |
|
|
PAM
58
Paradigm Asset Management
New York
| – | -$133K | -6,700 | Closed |
|
|
TCIM
59
TIAA CREF Investment Management
New York
| – | -$91K | -4,612 | Closed |
|
60
New York State Common Retirement Fund
Albany,
New York
| – | -$72K | -3,614 | Closed |
|
61
Barclays
London,
United Kingdom
| – | -$2K | -97 | Closed |
|
TESS Hedge Fund Activity: Q3 2015 in Review
53 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q3 2015, worth a combined $104M — up 6.1% from $98.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TESS positions and 8 closed out — a net gain of 1 holder — while 20 added to existing stakes and 15 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $4.53M. The largest seller was Royce & Associates, cutting an estimated $3.03M.
- 53 institutional investors held Tessco Technologies Inc (TESS) as of Q3 2015, up from 52 in Q2 2015.
- Funds reported $104M of Tessco Technologies Inc stock for Q3 2015, up 6.1% quarter-over-quarter.
- 9 funds opened new Tessco Technologies Inc positions in Q3 2015 and 8 closed out, a net change of +1 holder.
- The largest Tessco Technologies Inc buyer in Q3 2015 was DePrince Race & Zollo Inc (DRZ), an estimated $4.53M added.
- The largest Tessco Technologies Inc seller in Q3 2015 was Royce & Associates, an estimated $3.03M sold.
Based on aggregated 13F filings for Q3 2015.