Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
49 hedge funds and large institutions have $61.9M invested in Tessco Technologies Inc in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 4 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
2% less funds holding
Funds holding: 50 → 49 (-1)
11% less capital invested
Capital invested by funds: $69.8M → $61.9M (-$7.98M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tieton Capital Management
Yakima,
Washington
|
+$490K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$258K |
| 3 |
SIM
Spark Investment Management
New York
|
+$164K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$98.8K |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$86.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$461K |
| 2 |
RA
Royce & Associates
New York
|
-$429K |
| 3 |
EA
Emerald Acquisition
Seattle,
Washington
|
-$426K |
| 4 |
JP Morgan Chase
New York
|
-$253K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$111K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Walleye Trading
New York
| – | -$47.1K | -3,600 | -100% |
|
|
OSAM
52
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$38K | -2,750 | Closed |
|
|
IIC
53
Integrated Investment Consultants
Bloomfield Hills,
Michigan
| – | -$2.95K | -225 | Closed |
|
TESS Hedge Fund Activity: Q3 2016 in Review
49 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q3 2016, worth a combined $61.9M — down 11% from $69.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TESS and 3 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 21 added.
The largest buyer was Tieton Capital Management, adding an estimated $490K. The largest seller was Eagle Global Advisors, exiting entirely with an estimated $461K sold.
- 49 institutional investors held Tessco Technologies Inc (TESS) as of Q3 2016, down from 50 in Q2 2016.
- Funds reported $61.9M of Tessco Technologies Inc stock for Q3 2016, down 11% quarter-over-quarter.
- 3 funds opened new Tessco Technologies Inc positions in Q3 2016 and 4 closed out, a net change of -1 holder.
- The largest Tessco Technologies Inc buyer in Q3 2016 was Tieton Capital Management, an estimated $490K added.
- The largest Tessco Technologies Inc seller in Q3 2016 was Eagle Global Advisors, an estimated $461K sold.
Based on aggregated 13F filings for Q3 2016.