Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
45 hedge funds and large institutions have $78M invested in Tessco Technologies Inc in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 8 reducing their positions, and 5 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 8
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
22% more capital invested
Capital invested by funds: $64.2M → $78M (+$13.8M)
2% less funds holding
Funds holding: 46 → 45 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.77M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$431K |
| 3 |
TCM
Tieton Capital Management
Yakima,
Washington
|
+$409K |
| 4 |
CIC
Crawford Investment Counsel
Atlanta,
Georgia
|
+$293K |
| 5 |
Cerity Partners
New York
|
+$290K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$1.9M |
| 2 |
SIM
Spark Investment Management
New York
|
-$149K |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$136K |
| 4 |
AIM
Acrospire Investment Management
Chicago,
Illinois
|
-$121K |
| 5 |
Renaissance Technologies
New York
|
-$81.3K |
TESS Hedge Fund Activity: Q1 2017 in Review
45 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q1 2017, worth a combined $78M — up 22% from $64.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TESS positions and 5 closed out — a net gain of 2 holders — while 18 added to existing stakes and 8 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $2.77M. The largest seller was Royce & Associates, cutting an estimated $1.9M.
- 45 institutional investors held Tessco Technologies Inc (TESS) as of Q1 2017, down from 46 in Q4 2016.
- Funds reported $78M of Tessco Technologies Inc stock for Q1 2017, up 22% quarter-over-quarter.
- 7 funds opened new Tessco Technologies Inc positions in Q1 2017 and 5 closed out, a net change of +2 holders.
- The largest Tessco Technologies Inc buyer in Q1 2017 was BlackRock, an estimated $2.77M added.
- The largest Tessco Technologies Inc seller in Q1 2017 was Royce & Associates, an estimated $1.9M sold.
Based on aggregated 13F filings for Q1 2017.