Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
46 hedge funds and large institutions have $60.4M invested in Tessco Technologies Inc in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 17
4% less funds holding
Funds holding: 48 → 46 (-2)
28% less capital invested
Capital invested by funds: $83.3M → $60.4M (-$23M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIC
Crawford Investment Counsel
Atlanta,
Georgia
|
+$821K |
| 2 |
BLA
Balter Liquid Alternatives
Boston,
Massachusetts
|
+$526K |
| 3 |
2L
22NW LP
Seattle,
Washington
|
+$479K |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$249K |
| 5 |
Bank of New York Mellon
New York
|
+$217K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.85M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$1.42M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.3M |
| 4 |
RA
Royce & Associates
New York
|
-$483K |
| 5 |
Millennium Management
New York
|
-$303K |
TESS Hedge Fund Activity: Q4 2018 in Review
46 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q4 2018, worth a combined $60.4M — down 28% from $83.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of TESS and 3 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 17 added.
The largest buyer was Crawford Investment Counsel, adding an estimated $821K. The largest seller was Royal Bank of Canada, cutting an estimated $3.85M.
- 46 institutional investors held Tessco Technologies Inc (TESS) as of Q4 2018, down from 48 in Q3 2018.
- Funds reported $60.4M of Tessco Technologies Inc stock for Q4 2018, down 28% quarter-over-quarter.
- 3 funds opened new Tessco Technologies Inc positions in Q4 2018 and 5 closed out, a net change of -2 holders.
- The largest Tessco Technologies Inc buyer in Q4 2018 was Crawford Investment Counsel, an estimated $821K added.
- The largest Tessco Technologies Inc seller in Q4 2018 was Royal Bank of Canada, an estimated $3.85M sold.
Based on aggregated 13F filings for Q4 2018.