TechTarget
TTGT
100 hedge funds and large institutions have $313M invested in TechTarget in 2018 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 32 increasing their positions, 26 reducing their positions, and 9 closing their positions.
244% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 9
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
45% more capital invested
Capital invested by funds: $215M → $313M (+$97.4M)
27% more funds holding
Funds holding: 79 → 100 (+21)
23% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 26
1.22% more ownership
Funds ownership: 56.01% → 57.23% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$7.98M |
| 2 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$6.21M |
| 3 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$5.77M |
| 4 |
BlackRock
New York
|
+$4.95M |
| 5 |
Renaissance Technologies
New York
|
+$4.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Trigran Investments
Northbrook,
Illinois
|
-$15.3M |
| 2 |
HM
HCSF Management
San Francisco,
California
|
-$13.4M |
| 3 |
AI
Ariel Investments
Chicago,
Illinois
|
-$10.2M |
| 4 |
NTCM
Nine Ten Capital Management
Chicago,
Illinois
|
-$4.96M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$3.97M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AI
101
Ariel Investments
Chicago,
Illinois
| – | -$10.2M | -730,560 | Closed |
|
|
RRAM
102
River Road Asset Management
Louisville,
Kentucky
| – | -$3.97M | -284,891 | Closed |
|
|
MCM
103
McKinley Capital Management
Anchorage,
Alaska
| – | -$1.14M | -82,067 | Closed |
|
104
Prudential Financial
Newark,
New Jersey
| – | -$364K | -26,142 | Closed |
|
|
JG
105
Jefferies Group
New York
| – | -$185K | -13,300 | Closed |
|
|
CI
106
Cigna Investments
Bloomfield,
Connecticut
| – | -$176K | -12,677 | Closed |
|
|
TRCT
107
Tower Research Capital (TRC)
New York
| – | -$54K | -3,889 | Closed |
|
|
PCM
108
Prelude Capital Management
New York
| – | -$20K | -1,423 | Closed |
|
|
DCM
109
Delpha Capital Management
New York
| – | -$4K | -304 | Closed |
|
TTGT Hedge Fund Activity: Q1 2018 in Review
100 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in TechTarget (TTGT) for Q1 2018, worth a combined $313M — up 45% from $215M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new TTGT positions and 9 closed out — a net gain of 22 holders — while 32 added to existing stakes and 26 trimmed.
The largest buyer was Granahan Investment Management, opening a new position worth an estimated $7.98M. The largest seller was Trigran Investments, cutting an estimated $15.3M.
- 100 institutional investors held TechTarget (TTGT) as of Q1 2018, up from 79 in Q4 2017.
- Funds reported $313M of TechTarget stock for Q1 2018, up 45% quarter-over-quarter.
- 31 funds opened new TechTarget positions in Q1 2018 and 9 closed out, a net change of +22 holders.
- The largest TechTarget buyer in Q1 2018 was Granahan Investment Management, an estimated $7.98M added.
- The largest TechTarget seller in Q1 2018 was Trigran Investments, an estimated $15.3M sold.
Based on aggregated 13F filings for Q1 2018.