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Treace Medical Concepts

123 hedge funds and large institutions have $895M invested in Treace Medical Concepts in 2023 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 57 increasing their positions, 25 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

671% more call options, than puts

Call options by funds: $15.2M | Put options by funds: $1.97M

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

128% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 25

121% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 14

45% more capital invested

Capital invested by funds: $618M → $895M (+$278M)

16% more funds holding

Funds holding: 106123 (+17)

7.02% more ownership

Funds ownership: 51.08%58.1% (+7%)

Holders
123
Holders Change
+17
Holders Change %
+16.04%
% of All Funds
1.96%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.05%
New
31
Increased
57
Reduced
25
Closed
14
Calls
$15.2M
Puts
$1.97M
Net Calls
+$13.2M
Net Calls Change
+$870K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$97M +$13.5M +573,196 +17%
AllianceBernstein
2
AllianceBernstein
Tennessee
$81.1M +$500K +21,298 +0.7%
BlackRock
3
BlackRock
New York
$65.4M +$5.42M +231,028 +10%
PA
4
Perceptive Advisors
New York
$61.5M +$11.6M +495,847 +25%
NCGI
5
Next Century Growth Investors
Minnesota
$38.7M -$1.36M -58,116 -4%
CIBC Private Wealth Group
6
CIBC Private Wealth Group
Georgia
$35.5M -$1.81M -77,150 -5%
EA
7
Emerald Advisers
Pennsylvania
$34.3M +$4.11M +175,207 +15%
EMFAT
8
Emerald Mutual Fund Advisers Trust
Pennsylvania
$28.2M +$4.11M +174,902 +18%
Loomis, Sayles & Company
9
Loomis, Sayles & Company
Massachusetts
$27.3M +$25.5M +1,085,187 New
Norges Bank
10
Norges Bank
Norway
$25.3M +$12.7M +540,463 +116%
William Blair Investment Management
11
William Blair Investment Management
Illinois
$24.3M +$5.5M +234,160 +32%
State Street
12
State Street
Massachusetts
$22M +$2.06M +87,530 +11%
TCM
13
TimesSquare Capital Management
New York
$21.5M -$2.85M -121,500 -12%
SPPAM
14
Summit Partners Public Asset Management
Massachusetts
$19M +$6.16M +262,166 +53%
DCM
15
Driehaus Capital Management
Illinois
$18.9M -$437K -18,627 -2%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$17.5M +$2.06M +87,617 +14%
Allspring Global Investments
17
Allspring Global Investments
North Carolina
$16.9M +$4.48M +190,633 +40%
KCM
18
Kornitzer Capital Management
Kansas
$16M +$3.29M +140,000 +28%
Citadel Advisors
19
Citadel Advisors
Florida
$14.2M +$4.82M +205,474 +58%
NHAS
20
Novo Holdings A/S
Denmark
$13.6M -$2.28M -97,317 -15%
UBS AM
21
UBS AM
Illinois
$11.1M +$9.99M +425,296 +2,493%
Morgan Stanley
22
Morgan Stanley
New York
$10.5M +$5.48M +233,531 +127%
SAM
23
Sectoral Asset Management
Quebec, Canada
$9.23M +$4.38M +186,519 +104%
Point72 Asset Management
24
Point72 Asset Management
Connecticut
$8.88M -$1.01M -43,154 -11%
Russell Investments Group
25
Russell Investments Group
United Kingdom
$8.34M -$77.8K -3,313 -1%

TMCI Hedge Fund Activity: Q1 2023 in Review

123 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Treace Medical Concepts (TMCI) for Q1 2023, worth a combined $895M — up 45% from $618M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new TMCI positions and 14 closed out — a net gain of 17 holders — while 57 added to existing stakes and 25 trimmed.

The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $25.5M. The largest seller was Janus Henderson Group, cutting an estimated $12.6M.

  • 123 institutional investors held Treace Medical Concepts (TMCI) as of Q1 2023, up from 106 in Q4 2022.
  • Funds reported $895M of Treace Medical Concepts stock for Q1 2023, up 45% quarter-over-quarter.
  • 31 funds opened new Treace Medical Concepts positions in Q1 2023 and 14 closed out, a net change of +17 holders.
  • The largest Treace Medical Concepts buyer in Q1 2023 was Loomis, Sayles & Company, an estimated $25.5M added.
  • The largest Treace Medical Concepts seller in Q1 2023 was Janus Henderson Group, an estimated $12.6M sold.

Based on aggregated 13F filings for Q1 2023.