Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
44 hedge funds and large institutions have $66.9M invested in Tessco Technologies Inc in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 5 closing their positions.
91% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 11
2% less funds holding
Funds holding: 45 → 44 (-1)
14% less capital invested
Capital invested by funds: $78M → $66.9M (-$11.1M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$1.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.7M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.48M |
| 4 |
BlackRock
New York
|
+$689K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$349K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.49M |
| 2 |
RA
Royce & Associates
New York
|
-$889K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$615K |
| 4 |
TCM
Tieton Capital Management
Yakima,
Washington
|
-$458K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$274K |
TESS Hedge Fund Activity: Q2 2017 in Review
44 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q2 2017, worth a combined $66.9M — down 14% from $78M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of TESS and 4 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 21 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $1.9M. The largest seller was Fidelity Investments, cutting an estimated $5.49M.
- 44 institutional investors held Tessco Technologies Inc (TESS) as of Q2 2017, down from 45 in Q1 2017.
- Funds reported $66.9M of Tessco Technologies Inc stock for Q2 2017, down 14% quarter-over-quarter.
- 4 funds opened new Tessco Technologies Inc positions in Q2 2017 and 5 closed out, a net change of -1 holder.
- The largest Tessco Technologies Inc buyer in Q2 2017 was DePrince Race & Zollo Inc (DRZ), an estimated $1.9M added.
- The largest Tessco Technologies Inc seller in Q2 2017 was Fidelity Investments, an estimated $5.49M sold.
Based on aggregated 13F filings for Q2 2017.