Stock Analysis
Data Source: SEC EDGAR 13F
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Tactile Sys Technology Inc (TCMD)

179 + Investors. Track Smart Money conviction in TCMD. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -6
Streak
1Q ▼
Buyers last Q
57%

Smart Money Signals — TCMD

Based on 180 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their TCMD positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
180 hedge funds hold TCMD right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +36% more funds vs a year ago

fund count last 6Q
+48 new funds entered over the past year (+36% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 57% buying

109 buying82 selling
Last quarter: 109 funds bought or added vs 82 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-11 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 16 → 49 → 42 → 31. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

55% of holders stayed for 2+ years

55% conviction (2yr+) 22% medium 23% new
99 out of 180 hedge funds have held TCMD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +16% but shares only +1% — price-driven

Value
+16%
Shares
+1%
Last quarter: the total dollar value of institutional holdings rose +16%, but actual share count only changed +1%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

15 → 16 → 49 → 42 → 31 new funds/Q
New funds entering each quarter: 16 → 49 → 42 → 31. A growing number of institutions are discovering TCMD each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 61% veterans vs 26% newcomers

61% veterans 13% 1-2yr 26% new
Entry-cohort mix of 183 holders: 111 (61%) are 2+ year veterans, 24 entered 1–2 years ago, and 48 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 43% AUM from top-100 funds

43% from top-100 AUM funds
44 of 179 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in TCMD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — TCMD

In 2026 Q2, 109 hedge funds were net buyers of TCMD (31 opened a new position, 78 added to an existing one), while 82 reduced or exited (45 trimmed, 37 sold completely) — a 57% buyer ratio, indicating a slight buying edge. 43% of total institutional value in TCMD is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -6 funds (more exits than new entries). Total institutional holders: 180.

Hedge Fund Ownership: TCMD

How many hedge funds hold TCMD — quarterly history vs. share price
Quarterly hedge fund ownership of TCMD vs. share price

Market Analysis: TCMD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TCMD

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

10 top-rated funds 0 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: TCMD
179 + Investors

Track Smart Money conviction in TCMD. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 179 186 -3.76%
13F Shares 22M 22M 1.42%
Total Value $610M $524M 16.45%
New Positions 31 42 -11
Increased Positions 77 63 +14
Closed Positions 37 24 +13
Reduced Positions 45 59 -14
Total Calls 2 3 -33.33%
Total Puts 2 2 -
PUT/CALL Ratio 1.0 0.67 Neutral

Statistics: TCMD

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Institutional Holders (2026 Q2)

179 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TCMD. Verified SEC 13F-HR filings.

QUARTER:
Top 25 TCMD holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Cadian Capital Management, LP 3.55% 1,576,940 $47.0M
2 Kopp Family Office, LLC 1.52% 83,153 $2.5M
3 SummerHaven Investment Management, LLC 1.26% 78,647 $2.3M
4 Globeflex Capital L P 0.85% 222,298 $6.6M
5 First Light Asset Management, LLC 0.84% 462,562 $13.8M
6 Next Century Growth Investors LLC 0.76% 480,207 $14.3M
7 Punch & Associates Investment Management, INC. 0.46% 315,000 $9.4M
8 Integrated Quantitative Investments LLC 0.40% 82,201 $2.4M
9 Wakefield Asset Management LLLP 0.30% 44,916 $1.3M
10 Verdad Advisers, LP 0.26% 9,115 $271K
11 Dana Investment Advisors, Inc. 0.24% 306,209 $9.1M
12 Paradigm Capital Management Inc/Ny 0.19% 229,199 $6.8M
13 Driehaus Capital Management LLC 0.16% 937,783 $27.9M
14 1620 Investment Advisors, INC. 0.13% 7,068 $210K
15 Accredited Investors Inc. 0.12% 94,880 $2.8M
16 Bridgeway Capital Management, LLC 0.12% 232,816 $6.9M
17 Rice Hall James & Associates, LLC 0.11% 74,022 $2.2M
18 Pinnacle Associates Ltd 0.11% 327,117 $9.7M
19 Round Rock Advisors LLC 0.10% 27,240 $811K
20 Independent Family Office, LLC 0.10% 8,000 $238K
21 Legato Capital Management LLC 0.07% 29,493 $878K
22 Divisadero Street Capital Management, LP 0.07% 99,622 $3.0M
23 Cambria Investment Management, L.P. 0.07% 45,143 $1.3M
24 CWA Asset Management Group, LLC 0.07% 71,999 $2.1M
25 Burney Co/ 0.06% 79,804 $2.4M
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Tactile Sys Technology Inc (TCMD)

What does the Smart Money Trend signal show for TCMD?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their TCMD positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for TCMD?

Slight buying edge — 57% buying: Last quarter: 109 funds bought or added vs 82 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for TCMD holders?

Elite ownership — 43% AUM from top-100 funds: 44 of 179 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in TCMD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held TCMD?

55% of holders stayed for 2+ years: 99 out of 180 hedge funds have held TCMD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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