Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
48 hedge funds and large institutions have $83.3M invested in Tessco Technologies Inc in 2018 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 5 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
2% less funds holding
Funds holding: 49 → 48 (-1)
9% less capital invested
Capital invested by funds: $91.6M → $83.3M (-$8.29M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.92M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$871K |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$465K |
| 4 |
BLA
Balter Liquid Alternatives
Boston,
Massachusetts
|
+$354K |
| 5 |
CIC
Crawford Investment Counsel
Atlanta,
Georgia
|
+$259K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$263K |
| 2 |
Millennium Management
New York
|
-$228K |
| 3 |
ARTA
A.R.T. Advisors
New York
|
-$188K |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$177K |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$173K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Envestnet Asset Management
Chicago,
Illinois
| – | -$37K | -2,146 | Closed |
|
|
BCA
52
Bray Capital Advisors
Naples,
Florida
| – | -$25K | -1,469 | Closed |
|
53
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$2K | -103 | Closed |
|
TESS Hedge Fund Activity: Q3 2018 in Review
48 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q3 2018, worth a combined $83.3M — down 9.1% from $91.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of TESS and 4 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 16 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.92M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $263K sold.
- 48 institutional investors held Tessco Technologies Inc (TESS) as of Q3 2018, down from 49 in Q2 2018.
- Funds reported $83.3M of Tessco Technologies Inc stock for Q3 2018, down 9.1% quarter-over-quarter.
- 4 funds opened new Tessco Technologies Inc positions in Q3 2018 and 5 closed out, a net change of -1 holder.
- The largest Tessco Technologies Inc buyer in Q3 2018 was Royal Bank of Canada, an estimated $1.92M added.
- The largest Tessco Technologies Inc seller in Q3 2018 was Susquehanna International Group, an estimated $263K sold.
Based on aggregated 13F filings for Q3 2018.