TechTarget
TTGT
50 hedge funds and large institutions have $125M invested in TechTarget in 2014 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
16% more funds holding
Funds holding: 43 → 50 (+7)
7% more capital invested
Capital invested by funds: $118M → $125M (+$7.67M)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SST
S Squared Technology
New York
|
+$876K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$444K |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$292K |
| 4 |
SIM
Spark Investment Management
New York
|
+$244K |
| 5 |
ZL
Zeke LP
Berwyn,
Pennsylvania
|
+$234K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Harvey Partners
Tarrytown,
New York
|
-$570K |
| 2 |
TCMV
Technology Crossover Management V
Menlo Park,
California
|
-$464K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$384K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$210K |
| 5 |
Goldman Sachs
New York
|
-$129K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
U
51
UBS
Zurich,
Switzerland
| – | -$11K | -1,552 | Closed |
|
52
Bank of America
Charlotte,
North Carolina
| – | -$4.08K | -591 | -99% |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| – | -$3K | -382 | Closed |
|
54
BNP Paribas Financial Markets
Paris,
France
| – | -$1.25K | -183 | Closed |
|
|
PFG
55
Piershale Financial Group
Barrington,
Illinois
| – | +$456 | +66 | New |
|
TTGT Hedge Fund Activity: Q1 2014 in Review
50 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in TechTarget (TTGT) for Q1 2014, worth a combined $125M — up 6.5% from $118M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TTGT positions and 5 closed out — a net gain of 7 holders — while 13 added to existing stakes and 14 trimmed.
The largest buyer was S Squared Technology, opening a new position worth an estimated $876K. The largest seller was Harvey Partners, cutting an estimated $570K.
- 50 institutional investors held TechTarget (TTGT) as of Q1 2014, up from 43 in Q4 2013.
- Funds reported $125M of TechTarget stock for Q1 2014, up 6.5% quarter-over-quarter.
- 12 funds opened new TechTarget positions in Q1 2014 and 5 closed out, a net change of +7 holders.
- The largest TechTarget buyer in Q1 2014 was S Squared Technology, an estimated $876K added.
- The largest TechTarget seller in Q1 2014 was Harvey Partners, an estimated $570K sold.
Based on aggregated 13F filings for Q1 2014.