TechTarget
TTGT
59 hedge funds and large institutions have $159M invested in TechTarget in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 25 increasing their positions, 18 reducing their positions, and 6 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 18
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
16% more capital invested
Capital invested by funds: $138M → $159M (+$21.5M)
0.2% more ownership
Funds ownership: 55.83% → 56.03% (+0.2%)
0% more funds holding
Funds holding: 59 → 59 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.09M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
+$701K |
| 3 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$673K |
| 4 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$495K |
| 5 |
JP Morgan Chase
New York
|
+$465K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$668K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$641K |
| 3 |
2L
22NW LP
Seattle,
Washington
|
-$523K |
| 4 |
Two Sigma Investments
New York
|
-$408K |
| 5 |
SIM
Spark Investment Management
New York
|
-$313K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
51
Ameritas Investment Partners
Lincoln,
Nebraska
| $12K | – | – | – |
|
52
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $10K | -$125K | -13,312 | -93% |
|
53
Bank of America
Charlotte,
North Carolina
| $7K | -$19.5K | -2,076 | -74% |
|
|
EWM
54
Edge Wealth Management
New York
| $5K | +$4.71K | +500 | New |
|
|
AIM
55
Acrospire Investment Management
Chicago,
Illinois
| $3K | -$96.3K | -10,228 | -97% |
|
56
Bank of Montreal
Toronto,
Ontario, Canada
| $3K | +$2.11K | +224 | +231% |
|
57
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | -$4.37K | -464 | -84% |
|
|
58
Ameriprise
Minneapolis,
Minnesota
| – | -$641K | -70,938 | Closed |
|
|
2L
59
22NW LP
Seattle,
Washington
| – | -$523K | -57,874 | Closed |
|
|
SIM
60
Spark Investment Management
New York
| – | -$313K | -34,704 | Closed |
|
61
Walleye Trading
New York
| – | -$261 | -28,955 | Closed |
|
|
ECM
62
Engine Capital Management
New York
| – | -$241K | -26,684 | Closed |
|
63
UBS Group
Zurich,
Switzerland
| – | -$6.76K | -718 | -95% |
|
|
TRCT
64
Tower Research Capital (TRC)
New York
| – | -$5K | -594 | Closed |
|
TTGT Hedge Fund Activity: Q2 2017 in Review
59 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in TechTarget (TTGT) for Q2 2017, worth a combined $159M — up 16% from $138M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TTGT positions and 6 closed out — a net gain of 1 holder — while 25 added to existing stakes and 18 trimmed.
The largest buyer was BlackRock, adding an estimated $1.09M. The largest seller was River Road Asset Management, cutting an estimated $668K.
- 59 institutional investors held TechTarget (TTGT) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $159M of TechTarget stock for Q2 2017, up 16% quarter-over-quarter.
- 7 funds opened new TechTarget positions in Q2 2017 and 6 closed out, a net change of +1 holder.
- The largest TechTarget buyer in Q2 2017 was BlackRock, an estimated $1.09M added.
- The largest TechTarget seller in Q2 2017 was River Road Asset Management, an estimated $668K sold.
Based on aggregated 13F filings for Q2 2017.