Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
31 hedge funds and large institutions have $20.5M invested in Tessco Technologies Inc in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
7% more funds holding
Funds holding: 29 → 31 (+2)
23% less capital invested
Capital invested by funds: $26.6M → $20.5M (-$6.1M)
54% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Capital Management
Glen Allen,
Virginia
|
+$956K |
| 2 |
State Street
Boston,
Massachusetts
|
+$192K |
| 3 |
Squarepoint
New York
|
+$89.9K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$76.6K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$24.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
2L
22NW LP
Seattle,
Washington
|
-$2.71M |
| 2 |
Renaissance Technologies
New York
|
-$361K |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
-$324K |
| 4 |
BlackRock
New York
|
-$135K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$135K |
TESS Hedge Fund Activity: Q2 2021 in Review
31 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q2 2021, worth a combined $20.5M — down 23% from $26.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new TESS positions and 2 closed out — a net gain of 2 holders — while 6 added to existing stakes and 13 trimmed.
The largest buyer was Capital Management, adding an estimated $956K. The largest seller was 22NW LP, exiting entirely with an estimated $2.71M sold.
- 31 institutional investors held Tessco Technologies Inc (TESS) as of Q2 2021, up from 29 in Q1 2021.
- Funds reported $20.5M of Tessco Technologies Inc stock for Q2 2021, down 23% quarter-over-quarter.
- 4 funds opened new Tessco Technologies Inc positions in Q2 2021 and 2 closed out, a net change of +2 holders.
- The largest Tessco Technologies Inc buyer in Q2 2021 was Capital Management, an estimated $956K added.
- The largest Tessco Technologies Inc seller in Q2 2021 was 22NW LP, an estimated $2.71M sold.
Based on aggregated 13F filings for Q2 2021.