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TESS

Tessco Technologies Inc
TESS

Delisted

TESS was delisted on the 14th of July, 2023.

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56 hedge funds and large institutions have $77.7M invested in Tessco Technologies Inc in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 30 increasing their positions, 12 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 12

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

14% less funds holding

Funds holding: 65 → 56 (-9)

18% less capital invested

Capital invested by funds: $94.2M → $77.7M (-$16.5M)

60% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 15

Holders
56
Holders Change
-9
Holders Change %
-13.85%
% of All Funds
1.23%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
6
Increased
30
Reduced
12
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$4.96M
2
CM
Capital Management
Virginia
+$2.7M
3
Northern Trust
Northern Trust
Illinois
+$1.15M
4
TCM
Tieton Capital Management
Washington
+$830K
5
Renaissance Technologies
Renaissance Technologies
New York
+$667K

Top Sellers

Rank Fund Capital Flow
1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$3.67M
2
2L
22NW LP
Washington
-$3.37M
3
AA
Ancora Advisors
Ohio
-$2.79M
4
DRZID
DePrince Race & Zollo Inc (DRZ)
Florida
-$1.14M
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$789K
Name Holding Trade Value Shares
Change 		Change in
Stake
BlackRock
1
BlackRock
New York
$12.9M +$4.96M +319,011 +55%
CM
2
Capital Management
Virginia
$10M +$2.7M +173,804 +33%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$9.19M +$42.9K +2,760 +0.4%
Renaissance Technologies
4
Renaissance Technologies
New York
$6.89M +$667K +42,900 +10%
TCM
5
Tieton Capital Management
Washington
$5.57M +$830K +53,329 +16%
DRZID
6
DePrince Race & Zollo Inc (DRZ)
Florida
$5.3M -$1.14M -73,100 -17%
Vanguard Group
7
Vanguard Group
Pennsylvania
$4.47M +$527K +33,910 +12%
CIC
8
Crawford Investment Counsel
Georgia
$3.91M +$183K +11,781 +5%
Northern Trust
9
Northern Trust
Illinois
$1.81M +$1.15M +74,168 +142%
State Street
10
State Street
Massachusetts
$1.49M +$503K +32,328 +45%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$1.45M -$19.8K -1,271 -1%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$1.44M +$310K +19,917 +25%
BCM
13
Bridgeway Capital Management
Texas
$1.33M +$65.3K +4,200 +5%
MC
14
Moors & Cabot
Massachusetts
$1.24M +$153K +9,828 +13%
Brown Advisory
15
Brown Advisory
Maryland
$1.07M – – –
California Public Employees Retirement System
16
California Public Employees Retirement System
California
$803K +$48.2K +3,100 +6%
PAM
17
Panagora Asset Management
Massachusetts
$711K +$307K +19,757 +66%
MERSOM
18
Municipal Employees' Retirement System of Michigan
Michigan
$577K – – –
Stifel Financial
19
Stifel Financial
Missouri
$575K -$544 -35 -0.1%
SO
20
STRS Ohio
Ohio
$558K +$361K +23,200 +148%
Two Sigma Investments
21
Two Sigma Investments
New York
$557K +$603K +38,757 New
WCM
22
Wedge Capital Management
North Carolina
$517K – – –
Squarepoint
23
Squarepoint
New York
$433K +$219K +14,090 +88%
OAM
24
Oxford Asset Management
United Kingdom
$419K -$336K -21,598 -43%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$397K -$3.67M -235,944 -90%
1
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TESS Hedge Fund Activity: Q3 2019 in Review

56 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q3 2019, worth a combined $77.7M — down 18% from $94.2M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of TESS and 6 opened new positions — a net loss of 9 holders — while 12 trimmed existing stakes and 30 added.

The largest buyer was BlackRock, adding an estimated $4.96M. The largest seller was Royal Bank of Canada, cutting an estimated $3.67M.

  • 56 institutional investors held Tessco Technologies Inc (TESS) as of Q3 2019, down from 65 in Q2 2019.
  • Funds reported $77.7M of Tessco Technologies Inc stock for Q3 2019, down 18% quarter-over-quarter.
  • 6 funds opened new Tessco Technologies Inc positions in Q3 2019 and 15 closed out, a net change of -9 holders.
  • The largest Tessco Technologies Inc buyer in Q3 2019 was BlackRock, an estimated $4.96M added.
  • The largest Tessco Technologies Inc seller in Q3 2019 was Royal Bank of Canada, an estimated $3.67M sold.

Based on aggregated 13F filings for Q3 2019.