Invicta Capital Management’s Tower Semiconductor TSEM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-621,700	Closed	-$10.6M	–	7
2015 Q1	$10.6M	Sell	621,700 -238,850	-28%	-$4.06M	8.44%	2
2014 Q4	$11.5M	Sell	860,550 -79,350	-8%	-$1.06M	7.96%	2
2014 Q3	$9.56M	Buy	939,900 +554,900	+144%	+$5.64M	5.79%	3
2014 Q2	$3.5M	Buy	+385,000	New	+$3.5M	1.82%	19