Treace Medical Concepts
TMCI
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.
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: 137 → 123 (-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: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Soleus Capital Management
Greenwich,
Connecticut
|
+$34.9M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$16.2M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$14.9M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
+$10.7M |
| 5 |
CS
Candriam SCA
Strassen, Luxembourg,
Luxembourg
|
+$6.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$19.6M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$16.6M |
| 3 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
-$10M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$9.93M |
| 5 |
SAM
Sectoral Asset Management
Montreal,
Quebec, Canada
|
-$9.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIM
151
Sandia Investment Management
Boston,
Massachusetts
| – | -$64K | -2,500 | Closed |
|
|
TCM
152
TD Capital Management
Memphis,
Tennessee
| – | -$63.7K | -2,490 | Closed |
|
|
PI
153
PineBridge Investments
New York
| – | -$33.4K | -1,306 | Closed |
|
|
SO
154
STRS Ohio
Columbus,
Ohio
| – | -$25K | -1,000 | Closed |
|
|
SOW
155
State of Wyoming
Cheyenne,
Wyoming
| – | -$13.2K | -515 | Closed |
|
|
QL
156
Quarry LP
New York
| – | -$11.3K | -441 | Closed |
|
|
NA
157
NewEdge Advisors
New Orleans,
Louisiana
| – | -$6.5K | -254 | Closed |
|
158
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$4.89K | -191 | Closed |
|
|
HIM
159
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$3.33K | -130 | Closed |
|
|
EWA
160
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$998 | -39 | Closed |
|
|
C
161
Covestor
London,
United Kingdom
| – | -$18 | -1 | -17% |
|
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.