TechTarget
TTGT
59 hedge funds and large institutions have $138M invested in TechTarget in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 24 reducing their positions, and 11 closing their positions.
7% more capital invested
Capital invested by funds: $129M → $138M (+$9.11M)
1.52% more ownership
Funds ownership: 54.31% → 55.83% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
12% less funds holding
Funds holding: 67 → 59 (-8)
29% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 24
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$7.08M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$3.41M |
| 3 |
TCT
TIAA CREF Trust
St Louis,
Missouri
|
+$3.24M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.12M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$629K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Simcoe Capital Management
New York
|
-$2.67M |
| 2 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$960K |
| 3 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$784K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$735K |
| 5 |
Two Sigma Advisers
New York
|
-$340K |
TTGT Hedge Fund Activity: Q1 2017 in Review
59 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in TechTarget (TTGT) for Q1 2017, worth a combined $138M — up 7.1% from $129M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TTGT and 7 opened new positions — a net loss of 4 holders — while 24 trimmed existing stakes and 17 added.
The largest buyer was BlackRock, adding an estimated $7.08M. The largest seller was Simcoe Capital Management, exiting entirely with an estimated $2.67M sold.
- 59 institutional investors held TechTarget (TTGT) as of Q1 2017, down from 67 in Q4 2016.
- Funds reported $138M of TechTarget stock for Q1 2017, up 7.1% quarter-over-quarter.
- 7 funds opened new TechTarget positions in Q1 2017 and 11 closed out, a net change of -4 holders.
- The largest TechTarget buyer in Q1 2017 was BlackRock, an estimated $7.08M added.
- The largest TechTarget seller in Q1 2017 was Simcoe Capital Management, an estimated $2.67M sold.
Based on aggregated 13F filings for Q1 2017.