TechTarget
TTGT
124 hedge funds and large institutions have $463M invested in TechTarget in 2018 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 53 increasing their positions, 28 reducing their positions, and 6 closing their positions.
417% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 6
89% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 28
50% more call options, than puts
Call options by funds: $1.21M | Put options by funds: $806K
48% more capital invested
Capital invested by funds: $313M → $463M (+$150M)
24% more funds holding
Funds holding: 100 → 124 (+24)
2.06% more ownership
Funds ownership: 57.23% → 59.29% (+2.1%)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$13.4M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$11.3M |
| 3 |
Man Group
London,
United Kingdom
|
+$11.1M |
| 4 |
Renaissance Technologies
New York
|
+$8.52M |
| 5 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$7.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Trigran Investments
Northbrook,
Illinois
|
-$29.3M |
| 2 |
NTCM
Nine Ten Capital Management
Chicago,
Illinois
|
-$20.6M |
| 3 |
HM
HCSF Management
San Francisco,
California
|
-$16.6M |
| 4 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$4.79M |
| 5 |
Goldman Sachs
New York
|
-$2.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HM
126
HCSF Management
San Francisco,
California
| – | -$16.6M | -836,359 | Closed |
|
127
Millennium Management
New York
| – | -$2.07M | -104,176 | Closed |
|
128
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$731K | -30,503 | Closed |
|
129
California Public Employees Retirement System
Sacramento,
California
| – | -$347K | -17,458 | Closed |
|
130
Parallax Volatility Advisers
San Francisco,
California
| – | -$20K | -1,000 | Closed |
|
TTGT Hedge Fund Activity: Q2 2018 in Review
124 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in TechTarget (TTGT) for Q2 2018, worth a combined $463M — up 48% from $313M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new TTGT positions and 6 closed out — a net gain of 25 holders — while 53 added to existing stakes and 28 trimmed.
The largest buyer was BlackRock, adding an estimated $13.4M. The largest seller was Trigran Investments, exiting entirely with an estimated $29.3M sold.
- 124 institutional investors held TechTarget (TTGT) as of Q2 2018, up from 100 in Q1 2018.
- Funds reported $463M of TechTarget stock for Q2 2018, up 48% quarter-over-quarter.
- 31 funds opened new TechTarget positions in Q2 2018 and 6 closed out, a net change of +25 holders.
- The largest TechTarget buyer in Q2 2018 was BlackRock, an estimated $13.4M added.
- The largest TechTarget seller in Q2 2018 was Trigran Investments, an estimated $29.3M sold.
Based on aggregated 13F filings for Q2 2018.