Transcat
TRNS
98 hedge funds and large institutions have $476M invested in Transcat in 2022 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 34 increasing their positions, 29 reducing their positions, and 16 closing their positions.
39% more capital invested
Capital invested by funds: $342M → $476M (+$134M)
17% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 29
2.84% more ownership
Funds ownership: 80.4% → 83.24% (+2.8%)
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
1% less funds holding
Funds holding: 99 → 98 (-1)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$14.1M |
| 2 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$10.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$3.71M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.14M |
| 5 |
Neuberger Berman Group
New York
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$6.34M |
| 2 |
Renaissance Technologies
New York
|
-$2.05M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.48M |
| 4 |
Two Sigma Investments
New York
|
-$1.26M |
| 5 |
MC
Martin & Co
Knoxville,
Tennessee
|
-$1.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EA
101
Ellsworth Advisors
Hudson,
Ohio
| – | -$302K | -5,309 | Closed |
|
102
Millennium Management
New York
| – | -$299K | -5,269 | Closed |
|
|
AG
103
Algert Global
San Francisco,
California
| – | -$294K | -5,170 | Closed |
|
104
Citadel Advisors
Miami,
Florida
| – | -$291K | -5,130 | Closed |
|
|
EGM
105
Engineers Gate Manager
New York
| – | -$243K | -4,283 | Closed |
|
106
Principal Financial Group
Des Moines,
Iowa
| – | -$235K | -4,132 | Closed |
|
107
Squarepoint
New York
| – | -$233K | -4,093 | Closed |
|
108
Allspring Global Investments
Charlotte,
North Carolina
| – | -$20K | -360 | Closed |
|
|
TCWM
109
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$11K | -194 | Closed |
|
|
PA
110
Parallel Advisors
San Francisco,
California
| – | -$2.49K | -36 | -95% |
|
111
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$346 | +5 | New |
|
TRNS Hedge Fund Activity: Q3 2022 in Review
98 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Transcat (TRNS) for Q3 2022, worth a combined $476M — up 39% from $342M a quarter earlier.
Fund positioning in TRNS was balanced in Q3 2022: 16 funds opened new positions, 16 closed out, 34 added to existing stakes and 29 trimmed.
The largest buyer was Fred Alger Management, adding an estimated $14.1M. The largest seller was Royce & Associates, cutting an estimated $6.34M.
- 98 institutional investors held Transcat (TRNS) as of Q3 2022, down from 99 in Q2 2022.
- Funds reported $476M of Transcat stock for Q3 2022, up 39% quarter-over-quarter.
- 16 funds opened new Transcat positions in Q3 2022 and 16 closed out, a net change of 0 holders.
- The largest Transcat buyer in Q3 2022 was Fred Alger Management, an estimated $14.1M added.
- The largest Transcat seller in Q3 2022 was Royce & Associates, an estimated $6.34M sold.
Based on aggregated 13F filings for Q3 2022.