Transcat
TRNS
33 hedge funds and large institutions have $60M invested in Transcat in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
10% more funds holding
Funds holding: 30 → 33 (+3)
7% more capital invested
Capital invested by funds: $56.1M → $60M (+$3.9M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.66% less ownership
Funds ownership: 55.3% → 53.64% (-1.7%)
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
+$1.1M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$656K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$384K |
| 4 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$342K |
| 5 |
QCMC
Quantum Capital Management (California)
San Francisco,
California
|
+$301K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
-$2.71M |
| 2 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
-$1.38M |
| 3 |
QAM
QCI Asset Management
Pittsford,
New York
|
-$470K |
| 4 |
EM
Emancipation Management
New York
|
-$238K |
| 5 |
Neuberger Berman Group
New York
|
-$230K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
BlackRock
New York
| $306K | -$3.4K | -227 | -1% |
|
|
HW
27
Hancock Whitney
Gulfport,
Mississippi
| $292K | +$279K | +18,651 | New |
|
28
California Public Employees Retirement System
Sacramento,
California
| $288K | – | – | – |
|
29
Acadian Asset Management
Boston,
Massachusetts
| $49K | +$46.7K | +3,124 | New |
|
30
Bank of America
Charlotte,
North Carolina
| $41K | – | – | – |
|
|
PA
31
Parallel Advisors
San Francisco,
California
| $30K | – | – | – |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $2K | -$1.56K | -104 | -45% |
|
|
EM
33
Emancipation Management
New York
| – | -$238K | -16,700 | Closed |
|
34
Barclays
London,
United Kingdom
| – | +$15 | +1 | New |
|
TRNS Hedge Fund Activity: Q1 2018 in Review
33 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Transcat (TRNS) for Q1 2018, worth a combined $60M — up 6.9% from $56.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new TRNS positions and 2 closed out — a net gain of 3 holders — while 7 added to existing stakes and 12 trimmed.
The largest buyer was ACK Asset Management, opening a new position worth an estimated $1.1M. The largest seller was WCM Investment Management, cutting an estimated $2.71M.
- 33 institutional investors held Transcat (TRNS) as of Q1 2018, up from 30 in Q4 2017.
- Funds reported $60M of Transcat stock for Q1 2018, up 6.9% quarter-over-quarter.
- 5 funds opened new Transcat positions in Q1 2018 and 2 closed out, a net change of +3 holders.
- The largest Transcat buyer in Q1 2018 was ACK Asset Management, an estimated $1.1M added.
- The largest Transcat seller in Q1 2018 was WCM Investment Management, an estimated $2.71M sold.
Based on aggregated 13F filings for Q1 2018.