Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
55 hedge funds and large institutions have $82.5M invested in Tessco Technologies Inc in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 21 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
10% more funds holding
Funds holding: 50 → 55 (+5)
15% less capital invested
Capital invested by funds: $97.2M → $82.5M (-$14.7M)
38% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$1.26M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$931K |
| 3 |
TCM
Tieton Capital Management
Yakima,
Washington
|
+$676K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$343K |
| 5 |
Goldman Sachs
New York
|
+$303K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$991K |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$970K |
| 3 |
RA
Royce & Associates
New York
|
-$580K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$358K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$307K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IIC
51
Integrated Investment Consultants
Bloomfield Hills,
Michigan
| $2K | +$1.65K | +95 | New |
|
|
LTFS
52
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
53
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1K | – | – | – |
|
54
Geode Capital Management
Boston,
Massachusetts
| $566 | -$400 | -23 | -0.1% |
|
55
Two Sigma Investments
New York
| – | -$274K | -14,080 | Closed |
|
56
Invesco
Atlanta,
Georgia
| – | -$215K | -11,025 | Closed |
|
57
Walleye Trading
New York
| – | -$60.9K | -3,500 | -100% |
|
58
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$10K | -507 | Closed |
|
|
GC
59
Globeflex Capital
San Diego,
California
| – | -$1K | -29 | Closed |
|
TESS Hedge Fund Activity: Q1 2016 in Review
55 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q1 2016, worth a combined $82.5M — down 15% from $97.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TESS positions and 4 closed out — a net gain of 5 holders — while 13 added to existing stakes and 21 trimmed.
The largest buyer was Granite Investment Partners, opening a new position worth an estimated $1.26M. The largest seller was Royal Bank of Canada, cutting an estimated $991K.
- 55 institutional investors held Tessco Technologies Inc (TESS) as of Q1 2016, up from 50 in Q4 2015.
- Funds reported $82.5M of Tessco Technologies Inc stock for Q1 2016, down 15% quarter-over-quarter.
- 9 funds opened new Tessco Technologies Inc positions in Q1 2016 and 4 closed out, a net change of +5 holders.
- The largest Tessco Technologies Inc buyer in Q1 2016 was Granite Investment Partners, an estimated $1.26M added.
- The largest Tessco Technologies Inc seller in Q1 2016 was Royal Bank of Canada, an estimated $991K sold.
Based on aggregated 13F filings for Q1 2016.