Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
26 hedge funds and large institutions have $11.7M invested in Tessco Technologies Inc in 2023 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 1 closing their positions.
16% more capital invested
Capital invested by funds: $10.1M → $11.7M (+$1.59M)
4% less funds holding
Funds holding: 27 → 26 (-1)
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$142K |
| 2 |
BlackRock
New York
|
+$44.9K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$6.85K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tieton Capital Management
Yakima,
Washington
|
-$138K |
| 2 |
Millennium Management
New York
|
-$102K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$91.5K |
| 4 |
Two Sigma Advisers
New York
|
-$26.4K |
| 5 |
MC
Moors & Cabot
Boston,
Massachusetts
|
-$12.5K |
TESS Hedge Fund Activity: Q1 2023 in Review
26 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q1 2023, worth a combined $11.7M — up 16% from $10.1M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of TESS and 0 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 3 added.
The largest buyer was Bridgeway Capital Management, adding an estimated $142K. The largest seller was Tieton Capital Management, cutting an estimated $138K.
- 26 institutional investors held Tessco Technologies Inc (TESS) as of Q1 2023, down from 27 in Q4 2022.
- Funds reported $11.7M of Tessco Technologies Inc stock for Q1 2023, up 16% quarter-over-quarter.
- 0 funds opened new Tessco Technologies Inc positions in Q1 2023 and 1 closed out, a net change of -1 holder.
- The largest Tessco Technologies Inc buyer in Q1 2023 was Bridgeway Capital Management, an estimated $142K added.
- The largest Tessco Technologies Inc seller in Q1 2023 was Tieton Capital Management, an estimated $138K sold.
Based on aggregated 13F filings for Q1 2023.