Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
50 hedge funds and large institutions have $97.2M invested in Tessco Technologies Inc in 2015 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 26 increasing their positions, 11 reducing their positions, and 5 closing their positions.
136% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 11
6% less funds holding
Funds holding: 53 → 50 (-3)
7% less capital invested
Capital invested by funds: $104M → $97.2M (-$7.19M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$2.91M |
| 2 |
CIC
Crawford Investment Counsel
Atlanta,
Georgia
|
+$337K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$334K |
| 4 |
RA
Royce & Associates
New York
|
+$324K |
| 5 |
Renaissance Technologies
New York
|
+$286K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$629K |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$546K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$521K |
| 4 |
Goldman Sachs
New York
|
-$417K |
| 5 |
Morgan Stanley
New York
|
-$338K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
51
TFS Capital
West Chester,
Pennsylvania
| – | -$521K | -24,767 | Closed |
|
|
52
Goldman Sachs
New York
| – | -$417K | -19,828 | Closed |
|
|
NCCM
53
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$225K | -10,700 | Closed |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| – | -$57.7K | -2,768 | -100% |
|
55
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -50 | Closed |
|
TESS Hedge Fund Activity: Q4 2015 in Review
50 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q4 2015, worth a combined $97.2M — down 6.9% from $104M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of TESS and 2 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 26 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $2.91M. The largest seller was Coe Capital Management, exiting entirely with an estimated $629K sold.
- 50 institutional investors held Tessco Technologies Inc (TESS) as of Q4 2015, down from 53 in Q3 2015.
- Funds reported $97.2M of Tessco Technologies Inc stock for Q4 2015, down 6.9% quarter-over-quarter.
- 2 funds opened new Tessco Technologies Inc positions in Q4 2015 and 5 closed out, a net change of -3 holders.
- The largest Tessco Technologies Inc buyer in Q4 2015 was DePrince Race & Zollo Inc (DRZ), an estimated $2.91M added.
- The largest Tessco Technologies Inc seller in Q4 2015 was Coe Capital Management, an estimated $629K sold.
Based on aggregated 13F filings for Q4 2015.