TechTarget
TTGT
132 hedge funds and large institutions have $343M invested in TechTarget in 2019 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 43 increasing their positions, 44 reducing their positions, and 23 closing their positions.
33% more capital invested
Capital invested by funds: $258M → $343M (+$85.6M)
9% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 23
0.78% more ownership
Funds ownership: 75.25% → 76.03% (+0.78%)
0% more funds holding
Funds holding: 132 → 132 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 44
68% less call options, than puts
Call options by funds: $1.29M | Put options by funds: $4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$12.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$7.25M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.8M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$4.63M |
| 5 |
PCA
Prospect Capital Advisors
Sausalito,
California
|
+$3.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$8.04M |
| 2 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$5.57M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$5.11M |
| 4 |
Two Sigma Investments
New York
|
-$3.54M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$2.8M |
TTGT Hedge Fund Activity: Q1 2019 in Review
132 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in TechTarget (TTGT) for Q1 2019, worth a combined $343M — up 33% from $258M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new TTGT positions and 23 closed out — a net gain of 2 holders — while 43 added to existing stakes and 44 trimmed.
The largest buyer was Portolan Capital Management, opening a new position worth an estimated $12.5M. The largest seller was Renaissance Technologies, cutting an estimated $8.04M.
- 132 institutional investors held TechTarget (TTGT) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $343M of TechTarget stock for Q1 2019, up 33% quarter-over-quarter.
- 25 funds opened new TechTarget positions in Q1 2019 and 23 closed out, a net change of +2 holders.
- The largest TechTarget buyer in Q1 2019 was Portolan Capital Management, an estimated $12.5M added.
- The largest TechTarget seller in Q1 2019 was Renaissance Technologies, an estimated $8.04M sold.
Based on aggregated 13F filings for Q1 2019.