TechTarget
TTGT
143 hedge funds and large institutions have $483M invested in TechTarget in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 58 increasing their positions, 40 reducing their positions, and 32 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
45% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 40
0.8% more ownership
Funds ownership: 83.19% → 83.99% (+0.8%)
11% less funds holding
Funds holding: 160 → 143 (-17)
21% less capital invested
Capital invested by funds: $608M → $483M (-$125M)
44% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 32
69% less call options, than puts
Call options by funds: $45K | Put options by funds: $144K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$20.2M |
| 2 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$6.6M |
| 3 |
HM
HCSF Management
San Francisco,
California
|
+$5.94M |
| 4 |
Goldman Sachs
New York
|
+$4.19M |
| 5 |
Aviva
London,
United Kingdom
|
+$3.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NTCM
Nine Ten Capital Management
Chicago,
Illinois
|
-$11.3M |
| 2 |
PCA
Prospect Capital Advisors
Sausalito,
California
|
-$6.67M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$5.4M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.13M |
| 5 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
-$3.85M |
TTGT Hedge Fund Activity: Q1 2020 in Review
143 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in TechTarget (TTGT) for Q1 2020, worth a combined $483M — down 21% from $608M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of TTGT and 18 opened new positions — a net loss of 14 holders — while 40 trimmed existing stakes and 58 added.
The largest buyer was Neuberger Berman Group, opening a new position worth an estimated $20.2M. The largest seller was Nine Ten Capital Management, cutting an estimated $11.3M.
- 143 institutional investors held TechTarget (TTGT) as of Q1 2020, down from 160 in Q4 2019.
- Funds reported $483M of TechTarget stock for Q1 2020, down 21% quarter-over-quarter.
- 18 funds opened new TechTarget positions in Q1 2020 and 32 closed out, a net change of -14 holders.
- The largest TechTarget buyer in Q1 2020 was Neuberger Berman Group, an estimated $20.2M added.
- The largest TechTarget seller in Q1 2020 was Nine Ten Capital Management, an estimated $11.3M sold.
Based on aggregated 13F filings for Q1 2020.