TechTarget
TTGT
83 hedge funds and large institutions have $181M invested in TechTarget in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 40 increasing their positions, 22 reducing their positions, and 16 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 22
10% less funds holding
Funds holding: 92 → 83 (-9)
23% less capital invested
Capital invested by funds: $234M → $181M (-$53.6M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
50% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$5.2M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$3.04M |
| 3 |
MRM
Michael R. Murphy
|
+$2.9M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$2.45M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$9.08M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$2.49M |
| 3 |
TCM
Timpani Capital Management
Milwaukee,
Wisconsin
|
-$2.13M |
| 4 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$2M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$1.54M |
TTGT Hedge Fund Activity: Q2 2015 in Review
83 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in TechTarget (TTGT) for Q2 2015, worth a combined $181M — down 23% from $234M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TTGT and 8 opened new positions — a net loss of 8 holders — while 22 trimmed existing stakes and 40 added.
The largest buyer was Trigran Investments, adding an estimated $5.2M. The largest seller was Ameriprise, cutting an estimated $9.08M.
- 83 institutional investors held TechTarget (TTGT) as of Q2 2015, down from 92 in Q1 2015.
- Funds reported $181M of TechTarget stock for Q2 2015, down 23% quarter-over-quarter.
- 8 funds opened new TechTarget positions in Q2 2015 and 16 closed out, a net change of -8 holders.
- The largest TechTarget buyer in Q2 2015 was Trigran Investments, an estimated $5.2M added.
- The largest TechTarget seller in Q2 2015 was Ameriprise, an estimated $9.08M sold.
Based on aggregated 13F filings for Q2 2015.