Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
46 hedge funds and large institutions have $64.2M invested in Tessco Technologies Inc in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 7 closing their positions.
4% more capital invested
Capital invested by funds: $61.9M → $64.2M (+$2.32M)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
6% less funds holding
Funds holding: 49 → 46 (-3)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tieton Capital Management
Yakima,
Washington
|
+$956K |
| 2 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$705K |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$276K |
| 4 |
Renaissance Technologies
New York
|
+$226K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$1.67M |
| 2 |
Bank of New York Mellon
New York
|
-$578K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$480K |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$261K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$234K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| – | -$4K | -324 | Closed |
|
52
Citigroup
New York
| – | -$2K | -200 | Closed |
|
|
MFS
53
MSI Financial Services
Springfield,
Massachusetts
| – | -$1K | -103 | Closed |
|
TESS Hedge Fund Activity: Q4 2016 in Review
46 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q4 2016, worth a combined $64.2M — up 3.7% from $61.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TESS and 5 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 15 added.
The largest buyer was Tieton Capital Management, adding an estimated $956K. The largest seller was Royce & Associates, cutting an estimated $1.67M.
- 46 institutional investors held Tessco Technologies Inc (TESS) as of Q4 2016, down from 49 in Q3 2016.
- Funds reported $64.2M of Tessco Technologies Inc stock for Q4 2016, up 3.7% quarter-over-quarter.
- 5 funds opened new Tessco Technologies Inc positions in Q4 2016 and 7 closed out, a net change of -2 holders.
- The largest Tessco Technologies Inc buyer in Q4 2016 was Tieton Capital Management, an estimated $956K added.
- The largest Tessco Technologies Inc seller in Q4 2016 was Royce & Associates, an estimated $1.67M sold.
Based on aggregated 13F filings for Q4 2016.