TechTarget
TTGT
136 hedge funds and large institutions have $394M invested in TechTarget in 2018 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 60 increasing their positions, 25 reducing their positions, and 23 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 25
57% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 23
14.26% more ownership
Funds ownership: 59.29% → 73.55% (+14%)
10% more funds holding
Funds holding: 124 → 136 (+12)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
15% less capital invested
Capital invested by funds: $463M → $394M (-$68.7M)
47% less call options, than puts
Call options by funds: $1.74M | Put options by funds: $3.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$12.6M |
| 2 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$10.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$8.96M |
| 4 |
SCA
Summit Creek Advisors
Minneapolis,
Minnesota
|
+$8.07M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$7.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$13.4M |
| 2 |
Man Group
London,
United Kingdom
|
-$5.26M |
| 3 |
BlackRock
New York
|
-$4.27M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.96M |
| 5 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
-$2.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$342K | -12,080 | Closed |
|
|
TSW
152
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$312K | -11,000 | Closed |
|
153
VOYA Investment Management
Atlanta,
Georgia
| – | -$231K | -8,126 | Closed |
|
|
BCM
154
Bayesian Capital Management
Brooklyn,
New York
| – | -$210K | -7,410 | Closed |
|
|
CMBA
155
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$88K | -3,095 | Closed |
|
|
LTFS
156
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$20K | -1,030 | Closed |
|
|
PIA
157
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$10K | -353 | Closed |
|
|
RE
158
RBC Europe
London,
United Kingdom
| – | -$3.35K | -118 | Closed |
|
|
CAG
159
Csenge Advisory Group
Clearwater,
Florida
| – | +$180 | +7 | New |
|
TTGT Hedge Fund Activity: Q3 2018 in Review
136 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in TechTarget (TTGT) for Q3 2018, worth a combined $394M — down 15% from $463M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new TTGT positions and 23 closed out — a net gain of 13 holders — while 60 added to existing stakes and 25 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $12.6M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $13.4M sold.
- 136 institutional investors held TechTarget (TTGT) as of Q3 2018, up from 124 in Q2 2018.
- Funds reported $394M of TechTarget stock for Q3 2018, down 15% quarter-over-quarter.
- 36 funds opened new TechTarget positions in Q3 2018 and 23 closed out, a net change of +13 holders.
- The largest TechTarget buyer in Q3 2018 was AQR Capital Management, an estimated $12.6M added.
- The largest TechTarget seller in Q3 2018 was Penserra Capital Management, an estimated $13.4M sold.
Based on aggregated 13F filings for Q3 2018.