Tangoe, Inc.
TNGO
TNGO was delisted on the 13th of March, 2017.
17 hedge funds and large institutions have $18.8M invested in Tangoe, Inc. in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 79 closing their positions.
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
82% less funds holding
Funds holding: 95 → 17 (-78)
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
90% less capital invested
Capital invested by funds: $185M → $18.8M (-$166M)
92% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
SQN Investors
Menlo Park,
California
|
+$3.42M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$2.23M |
| 3 |
PAAMCP
Pacific Alternative Asset Management Company (PAAMCO)
Irvine,
California
|
+$1.58M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$376K |
| 5 |
AGM
Alpine Global Management
New York
|
+$342K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$50.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$22M |
| 3 |
SCPM
Sagard Capital Partners Management
New York
|
-$9.86M |
| 4 |
DGI
Discovery Group I
Chicago,
Illinois
|
-$9.15M |
| 5 |
NC
Nokomis Capital
Dallas,
Texas
|
-$6M |
TNGO Hedge Fund Activity: Q1 2017 in Review
17 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Tangoe, Inc. (TNGO) for Q1 2017, worth a combined $18.8M — down 90% from $185M a quarter earlier.
Sellers outnumbered buyers: 79 funds closed out of TNGO and 6 opened new positions — a net loss of 73 holders — while 6 trimmed existing stakes and 1 added.
The largest buyer was SQN Investors, adding an estimated $3.42M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $50.8M sold.
- 17 institutional investors held Tangoe, Inc. (TNGO) as of Q1 2017, down from 95 in Q4 2016.
- Funds reported $18.8M of Tangoe, Inc. stock for Q1 2017, down 90% quarter-over-quarter.
- 6 funds opened new Tangoe, Inc. positions in Q1 2017 and 79 closed out, a net change of -73 holders.
- The largest Tangoe, Inc. buyer in Q1 2017 was SQN Investors, an estimated $3.42M added.
- The largest Tangoe, Inc. seller in Q1 2017 was T. Rowe Price Associates, an estimated $50.8M sold.
Based on aggregated 13F filings for Q1 2017.