Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
63 hedge funds and large institutions have $188M invested in Tessco Technologies Inc in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 20 increasing their positions, 25 reducing their positions, and 7 closing their positions.
4% less capital invested
Capital invested by funds: $196M → $188M (-$7.84M)
7% less funds holding
Funds holding: 68 → 63 (-5)
20% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 25
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$10.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.26M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.07M |
| 4 |
State Street
Boston,
Massachusetts
|
+$396K |
| 5 |
GF
Gerstein Fisher
New York
|
+$384K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$3.63M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$2.03M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$323K |
| 4 |
Axa
Paris,
France
|
-$286K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$264K |
TESS Hedge Fund Activity: Q1 2014 in Review
63 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q1 2014, worth a combined $188M — down 4% from $196M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TESS and 2 opened new positions — a net loss of 5 holders — while 25 trimmed existing stakes and 20 added.
The largest buyer was Royce & Associates, adding an estimated $10.4M. The largest seller was LSV Asset Management, cutting an estimated $3.63M.
- 63 institutional investors held Tessco Technologies Inc (TESS) as of Q1 2014, down from 68 in Q4 2013.
- Funds reported $188M of Tessco Technologies Inc stock for Q1 2014, down 4% quarter-over-quarter.
- 2 funds opened new Tessco Technologies Inc positions in Q1 2014 and 7 closed out, a net change of -5 holders.
- The largest Tessco Technologies Inc buyer in Q1 2014 was Royce & Associates, an estimated $10.4M added.
- The largest Tessco Technologies Inc seller in Q1 2014 was LSV Asset Management, an estimated $3.63M sold.
Based on aggregated 13F filings for Q1 2014.