Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
33 hedge funds and large institutions have $22.9M invested in Tessco Technologies Inc in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 22 reducing their positions, and 11 closing their positions.
3% less capital invested
Capital invested by funds: $23.6M → $22.9M (-$691K)
21% less funds holding
Funds holding: 42 → 33 (-9)
77% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 22
82% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Capital Management
Glen Allen,
Virginia
|
+$545K |
| 2 |
TCM
Tieton Capital Management
Yakima,
Washington
|
+$410K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$189K |
| 4 |
Squarepoint
New York
|
+$164K |
| 5 |
BlackRock
New York
|
+$21.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$174K |
| 2 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$141K |
| 3 |
EGM
Engineers Gate Manager
New York
|
-$140K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$115K |
| 5 |
Two Sigma Investments
New York
|
-$112K |
TESS Hedge Fund Activity: Q3 2020 in Review
33 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q3 2020, worth a combined $22.9M — down 2.9% from $23.6M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TESS and 2 opened new positions — a net loss of 9 holders — while 22 trimmed existing stakes and 5 added.
The largest buyer was Capital Management, adding an estimated $545K. The largest seller was Jane Street, exiting entirely with an estimated $174K sold.
- 33 institutional investors held Tessco Technologies Inc (TESS) as of Q3 2020, down from 42 in Q2 2020.
- Funds reported $22.9M of Tessco Technologies Inc stock for Q3 2020, down 2.9% quarter-over-quarter.
- 2 funds opened new Tessco Technologies Inc positions in Q3 2020 and 11 closed out, a net change of -9 holders.
- The largest Tessco Technologies Inc buyer in Q3 2020 was Capital Management, an estimated $545K added.
- The largest Tessco Technologies Inc seller in Q3 2020 was Jane Street, an estimated $174K sold.
Based on aggregated 13F filings for Q3 2020.