Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
64 hedge funds and large institutions have $156M invested in Tessco Technologies Inc in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 26 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
32% more capital invested
Capital invested by funds: $118M → $156M (+$37.9M)
5% more funds holding
Funds holding: 61 → 64 (+3)
19% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$16.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.62M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
+$1.59M |
| 4 |
Renaissance Technologies
New York
|
+$508K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$470K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$6.34M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.02M |
| 3 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
-$1.85M |
| 4 |
CNB
City National Bank
Beverly Hills,
Delaware
|
-$1.74M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.47M |
TESS Hedge Fund Activity: Q3 2013 in Review
64 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q3 2013, worth a combined $156M — up 32% from $118M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TESS positions and 9 closed out — a net gain of 3 holders — while 21 added to existing stakes and 26 trimmed.
The largest buyer was Royce & Associates, adding an estimated $16.5M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $6.34M sold.
- 64 institutional investors held Tessco Technologies Inc (TESS) as of Q3 2013, up from 61 in Q2 2013.
- Funds reported $156M of Tessco Technologies Inc stock for Q3 2013, up 32% quarter-over-quarter.
- 12 funds opened new Tessco Technologies Inc positions in Q3 2013 and 9 closed out, a net change of +3 holders.
- The largest Tessco Technologies Inc buyer in Q3 2013 was Royce & Associates, an estimated $16.5M added.
- The largest Tessco Technologies Inc seller in Q3 2013 was Schroder Investment Management Group, an estimated $6.34M sold.
Based on aggregated 13F filings for Q3 2013.