Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
29 hedge funds and large institutions have $19.9M invested in Tessco Technologies Inc in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 4 closing their positions.
6% less funds holding
Funds holding: 31 → 29 (-2)
11% less capital invested
Capital invested by funds: $22.5M → $19.9M (-$2.59M)
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
+$204K |
| 2 |
CM
Capital Management
Glen Allen,
Virginia
|
+$176K |
| 3 |
BlackRock
New York
|
+$15.8K |
| 4 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$13.5K |
| 5 |
State Street
Boston,
Massachusetts
|
+$9.57K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$645K |
| 2 |
Renaissance Technologies
New York
|
-$290K |
| 3 |
Two Sigma Investments
New York
|
-$284K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$265K |
| 5 |
Two Sigma Advisers
New York
|
-$154K |
TESS Hedge Fund Activity: Q1 2022 in Review
29 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q1 2022, worth a combined $19.9M — down 11% from $22.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TESS and 2 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 9 added.
The largest buyer was Employees Retirement System of Texas, adding an estimated $204K. The largest seller was Vanguard Group, cutting an estimated $645K.
- 29 institutional investors held Tessco Technologies Inc (TESS) as of Q1 2022, down from 31 in Q4 2021.
- Funds reported $19.9M of Tessco Technologies Inc stock for Q1 2022, down 11% quarter-over-quarter.
- 2 funds opened new Tessco Technologies Inc positions in Q1 2022 and 4 closed out, a net change of -2 holders.
- The largest Tessco Technologies Inc buyer in Q1 2022 was Employees Retirement System of Texas, an estimated $204K added.
- The largest Tessco Technologies Inc seller in Q1 2022 was Vanguard Group, an estimated $645K sold.
Based on aggregated 13F filings for Q1 2022.