TechTarget
TTGT
43 hedge funds and large institutions have $118M invested in TechTarget in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 20 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
19% more capital invested
Capital invested by funds: $98.7M → $118M (+$19M)
2% less funds holding
Funds holding: 44 → 43 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
35% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Diker Management
New York
|
+$1.11M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$428K |
| 3 |
HP
Harvey Partners
Tarrytown,
New York
|
+$253K |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$188K |
| 5 |
Goldman Sachs
New York
|
+$106K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCMV
Technology Crossover Management V
Menlo Park,
California
|
-$12.7M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$9.32M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.22M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$655K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$563K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
California Public Employees Retirement System
Sacramento,
California
| – | -$2K | -419 | Closed |
|
TTGT Hedge Fund Activity: Q4 2013 in Review
43 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in TechTarget (TTGT) for Q4 2013, worth a combined $118M — up 19% from $98.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TTGT and 7 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 13 added.
The largest buyer was Diker Management, adding an estimated $1.11M. The largest seller was Technology Crossover Management V, cutting an estimated $12.7M.
- 43 institutional investors held TechTarget (TTGT) as of Q4 2013, down from 44 in Q3 2013.
- Funds reported $118M of TechTarget stock for Q4 2013, up 19% quarter-over-quarter.
- 7 funds opened new TechTarget positions in Q4 2013 and 8 closed out, a net change of -1 holder.
- The largest TechTarget buyer in Q4 2013 was Diker Management, an estimated $1.11M added.
- The largest TechTarget seller in Q4 2013 was Technology Crossover Management V, an estimated $12.7M sold.
Based on aggregated 13F filings for Q4 2013.