TESSCO TECHNOLOGIES INC TESS
COM · Common Stock · CUSIP 872386107
29
institutional holders
+2 vs Q1 2023
3.2m
shares reported held*
$28.0mreported value*
10 new
8 added
4 reduced
9 sold out
net bought ≈ $6.7m (+865.3k shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($847.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.64.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 27 |
| Q4 2022 | 28 |
| Q1 2023 | 27 |
| Q2 2023 | 29 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 9 | 14 |
| Q1 2023 | 3 | 10 |
| Q2 2023 | 18 | 13 |
Biggest buyers
| Beryl Capital Management LLC | New | +840.4k |
| GARDNER LEWIS ASSET MANAGEMENT L P | New | +228.6k |
| Crystalline Management Inc. | New | +196.7k |
| PenderFund Capital Management Ltd. | New | +117.7k |
| Empowered Funds, LLC | New | +47.3k |
| PRELUDE CAPITAL MANAGEMENT, LLC | New | +32.4k |
| Ergoteles LLC | New | +22.5k |
| BANK OF MONTREAL /CAN/ | New | +20.1k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +18.0k |
| WOLVERINE ASSET MANAGEMENT LLC | New | +16.6k |
Biggest sellers
| Tieton Capital Management, LLC | Sold out | -452.5k |
| ESSEX INVESTMENT MANAGEMENT CO LLC | Sold out | -118.9k |
| BlackRock Inc. | Reduced | -43.4k |
| Marquette Asset Management, LLC | Sold out | -40.7k |
| Moors & Cabot, Inc. | Sold out | -29.2k |
| MORGAN STANLEY | Reduced | -12.5k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -11.7k |
| TWO SIGMA ADVISERS, LP | Sold out | -11.6k |
| Legato Capital Management LLC | Sold out | -10.0k |
| UBS Group AG | Reduced | -212 |
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| Beryl Capital Management LLC 2.32% of their portfolio | 840.4k $7.5m | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 372.1k $3.3m | Reduced -11.7k |
| BlackRock Inc. 0.00% of their portfolio | 367.3k $3.3m | Reduced -43.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 324.7k $2.9m | Added +18.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 237.2k $2.1m | Added +11.5k |
| GARDNER LEWIS ASSET MANAGEMENT L P 0.75% of their portfolio | 228.6k $2.0m | New |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 201.9k $1.8m | Added +1.6k |
| Crystalline Management Inc. 1.25% of their portfolio | 196.7k $1.8m | New |
| PenderFund Capital Management Ltd. 0.43% of their portfolio | 117.7k $1.4k | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 70.2k $628.1k | Added +8.1k |
| BROWN ADVISORY INC 0.00% of their portfolio | 68.3k $611.6k | Unchanged |
| Empowered Funds, LLC 0.01% of their portfolio | 47.3k $423.7k | New |
| EA Series Trust 0.01% of their portfolio | 47.3k $423.7k | First filing |
| NORTHERN TRUST CORP 0.00% of their portfolio | 42.7k $382.2k | Added +10.5k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 32.4k $290.1k | New |
| STATE STREET CORP 0.00% of their portfolio | 27.9k $249.3k | Unchanged |
| Ergoteles LLC 0.01% of their portfolio | 22.5k $201.6k | New |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 20.1k $179.9k | New |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 16.6k $149.0k | New |
| MORGAN STANLEY 0.00% of their portfolio | 15.8k $141.3k | Reduced -12.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 12.0k $107.5k | Added +5.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 11.8k $105.6k | Added +6.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 11.2k $100.2k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 9.6k $87.0k | Added +1.1k |
| UBS Group AG 0.00% of their portfolio | 599 $5.4k | Reduced -212 |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 300 $2.7k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 126 $1.1k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 7 $63 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |