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Transcat

99 hedge funds and large institutions have $342M invested in Transcat in 2022 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 38 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.11% more ownership

Funds ownership: 78.29%80.4% (+2.1%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

8% less funds holding

Funds holding: 10899 (-9)

26% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 38

28% less capital invested

Capital invested by funds: $477M → $342M (-$135M)

29% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 21

Holders
99
Holders Change
-9
Holders Change %
-8.33%
% of All Funds
1.67%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
15
Increased
28
Reduced
38
Closed
21
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Neuberger Berman Group
1
Neuberger Berman Group
New York
$46.8M +$24.1K +349 +0%
CCA
2
Conestoga Capital Advisors
Pennsylvania
$32.5M +$23.6M +341,949 +148%
FAM
3
Fred Alger Management
New York
$26.3M -$10.6M -153,609 -25%
RA
4
Royce & Associates
New York
$25.7M +$7.07M +102,270 +29%
BAM
5
Broadcrest Asset Management
Florida
$25.6M -$691K -10,000 -2%
BlackRock
6
BlackRock
New York
$24.4M -$345K -4,988 -1%
CIP
7
Champlain Investment Partners
Vermont
$22.2M -$794K -11,485 -3%
Vanguard Group
8
Vanguard Group
Pennsylvania
$19.7M -$203K -2,931 -0.8%
WA
9
Wasatch Advisors
Utah
$13.2M -$10.3M -149,154 -39%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$11.5M -$573K -8,297 -4%
JIC
11
Juniper Investment Company
New York
$9.56M
PAIM
12
Punch & Associates Investment Management
Minnesota
$8.01M -$242K -3,500 -2%
Victory Capital Management
13
Victory Capital Management
Texas
$7.63M +$228K +3,298 +3%
State Street
14
State Street
Massachusetts
$7.45M -$302K -4,373 -3%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$7.26M +$404K +5,852 +5%
Northern Trust
16
Northern Trust
Illinois
$4.04M -$101K -1,455 -2%
Bank of America
17
Bank of America
North Carolina
$3.4M -$1.65M -23,856 -29%
Morgan Stanley
18
Morgan Stanley
New York
$2.77M +$556K +8,049 +20%
Ameriprise
19
Ameriprise
Minnesota
$2.56M +$346K +5,006 +12%
Comerica Bank
20
Comerica Bank
Texas
$2.49M +$1.94M +28,069 +176%
UBS Group
21
UBS Group
Switzerland
$2.16M +$88.1K +1,274 +3%
HR
22
Howe & Rusling
New York
$2.08M
Renaissance Technologies
23
Renaissance Technologies
New York
$2.05M +$2.5M +36,100 New
Bank of New York Mellon
24
Bank of New York Mellon
New York
$1.99M -$27.4K -397 -1%
KCM
25
Kornitzer Capital Management
Kansas
$1.77M

TRNS Hedge Fund Activity: Q2 2022 in Review

99 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Transcat (TRNS) for Q2 2022, worth a combined $342M — down 28% from $477M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of TRNS and 15 opened new positions — a net loss of 6 holders — while 38 trimmed existing stakes and 28 added.

The largest buyer was Conestoga Capital Advisors, adding an estimated $23.6M. The largest seller was Fred Alger Management, cutting an estimated $10.6M.

  • 99 institutional investors held Transcat (TRNS) as of Q2 2022, down from 108 in Q1 2022.
  • Funds reported $342M of Transcat stock for Q2 2022, down 28% quarter-over-quarter.
  • 15 funds opened new Transcat positions in Q2 2022 and 21 closed out, a net change of -6 holders.
  • The largest Transcat buyer in Q2 2022 was Conestoga Capital Advisors, an estimated $23.6M added.
  • The largest Transcat seller in Q2 2022 was Fred Alger Management, an estimated $10.6M sold.

Based on aggregated 13F filings for Q2 2022.