TechTarget
TTGT
145 hedge funds and large institutions have $442M invested in TechTarget in 2019 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 56 increasing their positions, 44 reducing their positions, and 9 closing their positions.
167% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 9
135% more call options, than puts
Call options by funds: $1.67M | Put options by funds: $710K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
29% more capital invested
Capital invested by funds: $343M → $442M (+$98.9M)
27% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 44
10% more funds holding
Funds holding: 132 → 145 (+13)
0.61% less ownership
Funds ownership: 76.03% → 75.42% (-0.61%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
+$7.47M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$6.86M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$3.68M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$2.81M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$2.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NTCM
Nine Ten Capital Management
Chicago,
Illinois
|
-$15.3M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$7.75M |
| 3 |
TI
Trigran Investments
Northbrook,
Illinois
|
-$5.33M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$4.8M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$3.8M |
TTGT Hedge Fund Activity: Q2 2019 in Review
145 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in TechTarget (TTGT) for Q2 2019, worth a combined $442M — up 29% from $343M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new TTGT positions and 9 closed out — a net gain of 15 holders — while 56 added to existing stakes and 44 trimmed.
The largest buyer was Telemark Asset Management, opening a new position worth an estimated $7.47M. The largest seller was Nine Ten Capital Management, cutting an estimated $15.3M.
- 145 institutional investors held TechTarget (TTGT) as of Q2 2019, up from 132 in Q1 2019.
- Funds reported $442M of TechTarget stock for Q2 2019, up 29% quarter-over-quarter.
- 24 funds opened new TechTarget positions in Q2 2019 and 9 closed out, a net change of +15 holders.
- The largest TechTarget buyer in Q2 2019 was Telemark Asset Management, an estimated $7.47M added.
- The largest TechTarget seller in Q2 2019 was Nine Ten Capital Management, an estimated $15.3M sold.
Based on aggregated 13F filings for Q2 2019.