Tactile Systems Technology

TCMD • NASDAQ

Tactile Systems Technology is a medical - devices company in the healthcare sector on NASDAQ, led by Sheri L. Dodd, with a market cap of $621.4M. As of Q3 2025, 91% of shares are held by 127 institutional investors, with MORGAN STANLEY as the largest holder at 10.29%.

Chief Executive OfficerSheri L. Dodd

Market Cap$621.4M

Medical - Devices

Healthcare

Employees992.0

Websitetactilemedical.com

Country

United States of America

Overview

Overview of institutional ownership in TCMD as of Q3 2025 with a market cap of $308.5M

All Institutions

Institutions: 127
Value Held: $281.1M
Shares Held: 20.3M
Avg Position: $2.2M
Median Position: $316.6K

Hedge Funds

Hedge Funds: 14
Value Held: $45.5M
Shares Held: 3.3M
Avg Position: $3.2M
Median Position: $553.1K

Ownership Breakdown

Institutional (non-HF)

76.39%

$235.7M

Hedge Funds

14.73%

$45.5M

Retail & Other

8.88%

$27.4M

Based on market cap of $308.5M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in TCMD as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$31.7M 0.00% of portfolio	10.29% 2.3M shares	Q3 2016 Held for 9y 2m	$1.65T
CADIAN CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short	Conor O'Brien CFO	$28.5M 1.69% of portfolio	9.22% 2.1M shares	Q4 2023 Held for 1y 11m	$1.7B
B BlackRock, Inc. Institution	-	$24.5M 0.00% of portfolio	7.93% 1.8M shares	Q1 2017 Held for 8y 8m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$21.8M 0.00% of portfolio	7.07% 1.6M shares	Q3 2016 Held for 9y 2m	$6.69T
PARADIGM CAPITAL MANAGEMENT INC/NY Long Only Manager	Candace King Weir CEO	$21.3M 0.92% of portfolio	6.90% 1.5M shares	Q4 2023 Held for 1y 11m	$2.3B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$16.5M 0.00% of portfolio	5.34% 1.2M shares	Q3 2018 Held for 7y 2m	$466.32B
C Capitolis Liquid Global Markets LLC Private Equity	Jeffrey Alden Lesage CCO	$12.5M 0.10% of portfolio	4.05% 902.1K shares	Q1 2025 Held for 8 months	$12.5B
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	Gillian Morna Therese Savage CEO	$11.7M 0.02% of portfolio	3.79% 845.4K shares	Q2 2022 Held for 3y 5m	$51.5B
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	Kevin G. Burke CEO	$8.0M 0.00% of portfolio	2.59% 577.2K shares	Q4 2016 Held for 8y 11m	$298.06B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$7.9M 0.00% of portfolio	2.56% 570.6K shares	Q3 2016 Held for 9y 2m	$1.57T

Net Capital Flow

Institutional buying and selling activity for TCMD in Q3 2025

Traded: −$4.4M
Buyers: 65
Sellers: 56
Total Bought: +$16.6M
Total Sold: −$21.0M
Avg Position: $2.0M

Biggest Buyers

Institution	Net Bought	Current Position
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	+$2.2M +161.8K shares	$11.7M 845.4K shares
L LSV ASSET MANAGEMENT Long Only Manager	+$1.5M +110.6K shares	$2.0M 146.9K shares
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	+$1.4M +100.2K shares	$1.9M 133.9K shares
D D. E. Shaw & Co., Inc. Institution	+$1.0M +73.9K shares	$1.8M 127.5K shares
O'SHAUGHNESSY ASSET MANAGEMENT, LLC Long Only Manager	+$993.8K +71.8K shares	$993.8K 71.8K shares
FRANKLIN RESOURCES INC Institution	+$734.5K +53.1K shares	$1.0M 75.2K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$666.3K +48.1K shares	$1.5M 109.0K shares
Empowered Funds, LLC ETF Provider	+$664.0K +48.0K shares	$664.0K 48.0K shares
VANGUARD GROUP INC Institution	+$612.0K +44.2K shares	$21.8M 1.6M shares
A AMERICAN CENTURY COMPANIES INC Institution	+$440.9K +31.9K shares	$1.2M 85.1K shares

Biggest Sellers

Institution	Net Sold	Current Position
Polar Securities Inc. Hedge Fund•Multi-Strategy	−$4.0M −392.1K shares	Sold Off 0 shares
CADIAN CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short	−$3.5M −253.9K shares	$28.5M 2.1M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$1.7M −123.3K shares	$508.5K 36.7K shares
TOCQUEVILLE ASSET MANAGEMENT L.P. Long Only Manager	−$1.2M −121.7K shares	Sold Off 0 shares
PARADIGM CAPITAL MANAGEMENT INC/NY Long Only Manager	−$1.1M −80.2K shares	$21.3M 1.5M shares
FIRST TRUST ADVISORS LP ETF Provider	−$1.0M −73.1K shares	$155.1K 11.2K shares
B BLAIR WILLIAM & CO/IL Institution	−$940.9K −92.8K shares	Sold Off 0 shares
R ROYAL BANK OF CANADA Institution	−$764.7K −55.3K shares	$174.3K 12.6K shares
R RICE HALL JAMES & ASSOCIATES, LLC Long Only Manager	−$659.5K −47.7K shares	$1.9M 133.7K shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	−$577.1K −41.7K shares	$8.0M 577.2K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited TCMD in Q3 2025

New Positions: 8
New Value: $1.2M
Exited Positions: 16
Exited Value: $7.8M

New Positions

Institution	Position Value
Empowered Funds, LLC ETF Provider	$664.0K 48.0K shares
Round Rock Advisors, LLC RIA/Wealth	$248.3K 16.6K shares
Cambria Investment Management, L.P. ETF Provider	$149.7K 10.8K shares
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	$144.2K 10.4K shares
O Optiver Holding B.V. Institution	$5.4K 392.0 shares
Fortitude Family Office, LLC Family Office	$5.3K 384.0 shares
Sontag Advisory, LLC RIA/Wealth	$5.3K 383.0 shares
M MTM Investment Management, LLC RIA/Wealth	$900.0 65.0 shares

Exited Positions

Institution	Previous Position
Polar Securities Inc. Hedge Fund•Multi-Strategy	$4.0M 392.1K shares
TOCQUEVILLE ASSET MANAGEMENT L.P. Long Only Manager	$1.2M 121.7K shares
B BLAIR WILLIAM & CO/IL Institution	$940.9K 92.8K shares
Y Y-Intercept Ltd Institution	$496.6K 49.0K shares
SEIZERT CAPITAL PARTNERS, LLC Long Only Manager	$162.2K 16.0K shares
SPRINGBOK CAPITAL MANAGEMENT, LLC Fund of Funds	$146.3K 14.4K shares
M MAIRS & POWER INC Institution	$126.8K 12.5K shares
O OXFORD ASSET MANAGEMENT Institution	$123.7K 12.2K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$121.9K 12.0K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	$121.9K 12.0K shares

Options Activity

Institutions with the largest Call and Put options positions in TCMD as of Q3 2025

Call Positions: 6
Call Value: $2.0M
Put Positions: 2
Put Value: $215.9K

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.3M 923.0 contracts
J JANE STREET GROUP, LLC Institution	$395.8K 286.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$155.0K 112.0 contracts
Walleye Trading LLC RIA/Wealth	$141.2K 102.0 contracts
W WOLVERINE TRADING, LLC Institution	- - contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$215.9K 156.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	- - contracts

Most Committed Institutions

Institutions with TCMD as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
CADIAN CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short	Conor O'Brien CFO	1.69% $28.5M	9.22% 2.1M shares	Q4 2023 Held for 1y 11m	$1.7B
K Kopp Family Office, LLC Institution	-	1.22% $1.9M	0.61% 135.5K shares	Q1 2025 Held for 8 months	$153.6M
PARADIGM CAPITAL MANAGEMENT INC/NY Long Only Manager	Candace King Weir CEO	0.92% $21.3M	6.90% 1.5M shares	Q4 2023 Held for 1y 11m	$2.3B
SummerHaven Investment Management, LLC Long Only Manager	Kurt Jonathon Nelson CEO	0.67% $1.1M	0.37% 82.6K shares	Q3 2024 Held for 1y 2m	$170.9M
GLOBEFLEX CAPITAL L P Long Only Manager	Marina Loretta Marrelli CEO	0.52% $3.3M	1.08% 241.2K shares	Q4 2022 Held for 2y 11m	$644.8M
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Long Only Manager	Andrew John Matysik CEO	0.28% $4.8M	1.55% 346.1K shares	Q4 2024 Held for 11 months	$1.7B
I Invenomic Capital Management LP Hedge Fund•Long/Short	Benjamin Robert Deschaine President	0.26% $4.9M	1.59% 353.7K shares	Q1 2025 Held for 8 months	$1.9B
PERKINS CAPITAL MANAGEMENT INC RIA/Wealth	Harry Allen Lee Lindberg President	0.17% $194.7K	0.06% 14.1K shares	Q3 2020 Held for 5y 2m	$113.5M
Integrated Quantitative Investments LLC Long Only Manager	Kirsten Anna Syverson CEO	0.10% $360.5K	0.12% 26.0K shares	Q4 2024 Held for 11 months	$351.3M
R RICE HALL JAMES & ASSOCIATES, LLC Long Only Manager	Thomas W Mcdowell Chairman	0.10% $1.9M	0.60% 133.7K shares	Q1 2023 Held for 2y 8m	$1.8B