Precept Management’s Tower Semiconductor TSEM Stock Holding History

Precept Management’s Portfolio TSEM Stock Details TSEM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q1	–	Sell	-75,000	Closed	-$1.11M	–	58
2018 Q4	$1.11M	Buy	+75,000	New	+$1.25M	0.43%	31
2018 Q3	–	Sell	-100,000	Closed	-$2.2M	–	90
2018 Q2	$2.2M	Hold	100,000	–	–	0.66%	41
2018 Q1	$2.69M	Buy	+100,000	New	+$3.18M	1.12%	27
2017 Q3	–	Sell	-50,000	Closed	-$1.19M	–	67
2017 Q2	$1.19M	Buy	+50,000	New	+$1.18M	0.73%	44

Other funds holding TSEM

Senvest Management New York $3.01B AUM 35.7% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Delek Group Herzliya, Israel $2.59B AUM 1.24% 1-Year Est. Return

D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Macquarie Group Sydney, NSW 2000, Australia $16.8B AUM 27.39% 1-Year Est. Return

EIP

Epoch Investment Partners New York $16.5B AUM 24.3% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

HIIFS

Harel Insurance Investments & Financial Services Ramat Gan, Israel $14.7B AUM 47% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Precept Management's TSEM Position: Q1 2019 in Review

Precept Management sold out of Tower Semiconductor (TSEM) in Q1 2019, closing a stake of 79,900 shares — an estimated $1.18M sold.

Precept Management first reported a position in TSEM in Q4 2016 and held it in 8 quarters. The position peaked at $11M in Q3 2017. 119 funds tracked by Wall St. Rank hold TSEM as of Q1 2019.

Precept Management reported no remaining Tower Semiconductor position as of Q1 2019 after selling out during the quarter.
Precept Management sold 79,900 Tower Semiconductor shares in Q1 2019, an estimated $1.18M.
Precept Management first reported a position in Tower Semiconductor in Q4 2016 and held it in 8 quarters.
Precept Management's Tower Semiconductor position peaked at $11M in Q3 2017.
119 funds tracked by Wall St. Rank held Tower Semiconductor as of Q1 2019.

Based on Precept Management's 13F filing for Q1 2019, filed 15 May 2019.