TechTarget
TTGT
70 hedge funds and large institutions have $144M invested in TechTarget in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 14 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
15% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 20
5% less funds holding
Funds holding: 74 → 70 (-4)
9% less capital invested
Capital invested by funds: $158M → $144M (-$13.5M)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$6.53M |
| 2 |
MRM
Michael R. Murphy
|
+$2.71M |
| 3 |
DM
Diker Management
New York
|
+$1.27M |
| 4 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$867K |
| 5 |
SCM
Simcoe Capital Management
New York
|
+$827K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$3.67M |
| 2 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$3.62M |
| 3 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
-$1.91M |
| 4 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$1.32M |
| 5 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$757K |
TTGT Hedge Fund Activity: Q1 2016 in Review
70 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in TechTarget (TTGT) for Q1 2016, worth a combined $144M — down 8.6% from $158M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TTGT and 10 opened new positions — a net loss of 4 holders — while 20 trimmed existing stakes and 23 added.
The largest buyer was Trigran Investments, adding an estimated $6.53M. The largest seller was Portolan Capital Management, exiting entirely with an estimated $3.67M sold.
- 70 institutional investors held TechTarget (TTGT) as of Q1 2016, down from 74 in Q4 2015.
- Funds reported $144M of TechTarget stock for Q1 2016, down 8.6% quarter-over-quarter.
- 10 funds opened new TechTarget positions in Q1 2016 and 14 closed out, a net change of -4 holders.
- The largest TechTarget buyer in Q1 2016 was Trigran Investments, an estimated $6.53M added.
- The largest TechTarget seller in Q1 2016 was Portolan Capital Management, an estimated $3.67M sold.
Based on aggregated 13F filings for Q1 2016.