Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
52 hedge funds and large institutions have $98.4M invested in Tessco Technologies Inc in 2015 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 21 reducing their positions, and 13 closing their positions.
5% less funds holding
Funds holding: 55 → 52 (-3)
19% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 21
20% less capital invested
Capital invested by funds: $123M → $98.4M (-$24.2M)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tieton Capital Management
Yakima,
Washington
|
+$2.64M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.33M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$687K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$609K |
| 5 |
Renaissance Technologies
New York
|
+$567K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$3.15M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.94M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.1M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$756K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$677K |
TESS Hedge Fund Activity: Q2 2015 in Review
52 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q2 2015, worth a combined $98.4M — down 20% from $123M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of TESS and 10 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 17 added.
The largest buyer was Tieton Capital Management, opening a new position worth an estimated $2.64M. The largest seller was BlackRock Fund Advisors, cutting an estimated $3.15M.
- 52 institutional investors held Tessco Technologies Inc (TESS) as of Q2 2015, down from 55 in Q1 2015.
- Funds reported $98.4M of Tessco Technologies Inc stock for Q2 2015, down 20% quarter-over-quarter.
- 10 funds opened new Tessco Technologies Inc positions in Q2 2015 and 13 closed out, a net change of -3 holders.
- The largest Tessco Technologies Inc buyer in Q2 2015 was Tieton Capital Management, an estimated $2.64M added.
- The largest Tessco Technologies Inc seller in Q2 2015 was BlackRock Fund Advisors, an estimated $3.15M sold.
Based on aggregated 13F filings for Q2 2015.