TechTarget
TTGT
86 hedge funds and large institutions have $223M invested in TechTarget in 2014 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 43 increasing their positions, 19 reducing their positions, and 11 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
126% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 19
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
44% more capital invested
Capital invested by funds: $155M → $223M (+$67.9M)
5% more funds holding
Funds holding: 82 → 86 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$6.75M |
| 2 |
WSA
Wall Street Associates
Lajolla,
California
|
+$4.66M |
| 3 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
+$3.26M |
| 4 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
+$2.36M |
| 5 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCMV
Technology Crossover Management V
Menlo Park,
California
|
-$20.1M |
| 2 |
NC
Nokomis Capital
Dallas,
Texas
|
-$5.4M |
| 3 |
DM
Diker Management
New York
|
-$2.25M |
| 4 |
Morgan Stanley
New York
|
-$1.09M |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
-$1.07M |
TTGT Hedge Fund Activity: Q4 2014 in Review
86 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in TechTarget (TTGT) for Q4 2014, worth a combined $223M — up 44% from $155M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TTGT positions and 11 closed out — a net gain of 6 holders — while 43 added to existing stakes and 19 trimmed.
The largest buyer was Cardinal Capital Management LLC (Connecticut), adding an estimated $6.75M. The largest seller was Technology Crossover Management V, cutting an estimated $20.1M.
- 86 institutional investors held TechTarget (TTGT) as of Q4 2014, up from 82 in Q3 2014.
- Funds reported $223M of TechTarget stock for Q4 2014, up 44% quarter-over-quarter.
- 17 funds opened new TechTarget positions in Q4 2014 and 11 closed out, a net change of +6 holders.
- The largest TechTarget buyer in Q4 2014 was Cardinal Capital Management LLC (Connecticut), an estimated $6.75M added.
- The largest TechTarget seller in Q4 2014 was Technology Crossover Management V, an estimated $20.1M sold.
Based on aggregated 13F filings for Q4 2014.