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Treace Medical Concepts

123 hedge funds and large institutions have $514M invested in Treace Medical Concepts in 2023 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 63 increasing their positions, 29 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

121% more call options, than puts

Call options by funds: $1.76M | Put options by funds: $800K

117% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 29

0.19% more ownership

Funds ownership: 63.49%63.68% (+0.19%)

10% less funds holding

Funds holding: 137123 (-14)

37% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 38

48% less capital invested

Capital invested by funds: $996M → $514M (-$482M)

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
123
Holders Change
-14
Holders Change %
-10.22%
% of All Funds
1.95%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
24
Increased
63
Reduced
29
Closed
38
Calls
$1.76M
Puts
$800K
Net Calls
+$964K
Net Calls Change
-$1.55M
Name Holding Trade Value Shares
Change
Change in
Stake
SEI Investments
51
SEI Investments
Pennsylvania
$1.24M -$2.19M -119,892 -56%
Connor, Clark & Lunn Investment Management (CC&L)
52
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$1.19M +$733K +40,048 +79%
ORI
53
Oak Ridge Investments
Illinois
$1.16M -$74.6K -4,076 -4%
Bank of America
54
Bank of America
North Carolina
$1.07M +$408K +22,283 +38%
D.E. Shaw & Co
55
D.E. Shaw & Co
New York
$895K -$3.16M -172,714 -72%
JF
56
Jump Financial
Illinois
$885K +$518K +28,273 +72%
RhumbLine Advisers
57
RhumbLine Advisers
Massachusetts
$798K +$38.9K +2,123 +4%
CAPTRUST Financial Advisors
58
CAPTRUST Financial Advisors
North Carolina
$774K +$77.8K +4,252 +8%
California State Teachers Retirement System (CalSTRS)
59
California State Teachers Retirement System (CalSTRS)
California
$663K +$9.54K +521 +1%
BA
60
Bridgewater Associates
Connecticut
$655K +$914K +49,962 New
CS
61
Credit Suisse
Switzerland
$650K +$30.4K +1,662 +3%
Stifel Financial
62
Stifel Financial
Missouri
$636K +$31.5K +1,719 +4%
Two Sigma Investments
63
Two Sigma Investments
New York
$521K -$1.29M -70,531 -64%
Legal & General Group
64
Legal & General Group
United Kingdom
$519K +$62.4K +3,408 +9%
PCM
65
Prelude Capital Management
New York
$472K +$366K +20,001 +125%
Marshall Wace
66
Marshall Wace
United Kingdom
$426K +$595K +32,531 New
DWM
67
Dakota Wealth Management
Florida
$402K +$73 +4 +0%
ACM
68
Aquatic Capital Management
Illinois
$383K +$187K +10,200 +54%
State of Wisconsin Investment Board
69
State of Wisconsin Investment Board
Wisconsin
$343K +$479K +26,195 New
YIH
70
Y-Intercept (HK)
Hong Kong
$334K +$466K +25,464 New
GCM
71
Ghisallo Capital Management
Massachusetts
$328K
Manulife (Manufacturers Life Insurance)
72
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$324K +$114K +6,240 +34%
MIM
73
MetLife Investment Management
New Jersey
$316K
AIG
74
American International Group
New York
$296K +$14.7K +803 +4%
Deutsche Bank
75
Deutsche Bank
Germany
$294K -$6.39M -348,893 -94%

TMCI Hedge Fund Activity: Q3 2023 in Review

123 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Treace Medical Concepts (TMCI) for Q3 2023, worth a combined $514M — down 48% from $996M a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of TMCI and 24 opened new positions — a net loss of 14 holders — while 29 trimmed existing stakes and 63 added.

The largest buyer was Soleus Capital Management, opening a new position worth an estimated $34.9M. The largest seller was Next Century Growth Investors, cutting an estimated $19.6M.

  • 123 institutional investors held Treace Medical Concepts (TMCI) as of Q3 2023, down from 137 in Q2 2023.
  • Funds reported $514M of Treace Medical Concepts stock for Q3 2023, down 48% quarter-over-quarter.
  • 24 funds opened new Treace Medical Concepts positions in Q3 2023 and 38 closed out, a net change of -14 holders.
  • The largest Treace Medical Concepts buyer in Q3 2023 was Soleus Capital Management, an estimated $34.9M added.
  • The largest Treace Medical Concepts seller in Q3 2023 was Next Century Growth Investors, an estimated $19.6M sold.

Based on aggregated 13F filings for Q3 2023.