Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
42 hedge funds and large institutions have $60.7M invested in Tessco Technologies Inc in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 18 increasing their positions, 13 reducing their positions, and 4 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 13
0.49% less ownership
Funds ownership: 58.73% → 58.25% (-0.49%)
9% less capital inflows, than outflows
Capital inflows: $4.6M | Capital outflows: $5.06M
5% less funds holding
Funds holding: 44 → 42 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ancora Advisors
Cleveland,
Ohio
|
+$1.05M |
| 2 |
BlackRock
New York
|
+$890K |
| 3 |
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$708K |
| 4 |
Tieton Capital Management
Yakima,
Washington
|
+$568K |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$423K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royce & Associates
New York
|
-$1.25M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.18M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$742K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$587K |
| 5 |
Morgan Stanley
New York
|
-$330K |
TESS Hedge Fund Activity: Q3 2017 in Review
42 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q3 2017, worth a combined $60.7M — down 9.3% from $66.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TESS and 2 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 18 added.
The largest buyer was Ancora Advisors, adding an estimated $1.05M. The largest seller was Royce & Associates, cutting an estimated $1.25M.
- 42 institutional investors held Tessco Technologies Inc (TESS) as of Q3 2017, down from 44 in Q2 2017.
- Funds reported $60.7M of Tessco Technologies Inc stock for Q3 2017, down 9.3% quarter-over-quarter.
- 2 funds opened new Tessco Technologies Inc positions in Q3 2017 and 4 closed out, a net change of -2 holders.
- The largest Tessco Technologies Inc buyer in Q3 2017 was Ancora Advisors, an estimated $1.05M added.
- The largest Tessco Technologies Inc seller in Q3 2017 was Royce & Associates, an estimated $1.25M sold.
Based on aggregated 13F filings for Q3 2017.