SunEdison Semiconductor Limited
SEMI
SEMI was delisted on the 1st of December, 2016.
98 hedge funds and large institutions have $320M invested in SunEdison Semiconductor Limited in 2016 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 26 increasing their positions, 17 reducing their positions, and 14 closing their positions.
250% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 14
83% more capital invested
Capital invested by funds: $175M → $320M (+$146M)
56% more funds holding
Funds holding: 63 → 98 (+35)
53% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 17
69% less call options, than puts
Call options by funds: $369K | Put options by funds: $1.17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$21.4M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$18.3M |
| 3 |
CC
Coastland Capital
Palo Alto,
California
|
+$13.5M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$7.27M |
| 5 |
Goldman Sachs
New York
|
+$7.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$49.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$21.8M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$12.8M |
| 4 |
RA
Royce & Associates
New York
|
-$9.38M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
101
Ameriprise
Minneapolis,
Minnesota
| – | -$6.59M | -1,112,169 | Closed |
|
102
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$4.83M | -814,740 | Closed |
|
|
USAA
103
United Services Automobile Association
San Antonio,
Texas
| – | -$1.15M | -194,130 | Closed |
|
|
BIM
104
Bogle Investment Management
Newton Lower Falls,
Massachusetts
| – | -$1.11M | -187,063 | Closed |
|
105
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$951K | -160,400 | Closed |
|
|
SGAM
106
Smith Group Asset Management
Dallas,
Texas
| – | -$489K | -82,450 | Closed |
|
107
Arrowstreet Capital
Boston,
Massachusetts
| – | -$235K | -39,697 | Closed |
|
108
Millennium Management
New York
| – | -$122K | -20,600 | Closed |
|
109
Group One Trading
Chicago,
Illinois
| – | -$152K | -17,000 | Closed |
|
|
AL
110
Airain Ltd
St. Peter Port,
Guernsey
| – | -$74K | -12,559 | Closed |
|
111
Teacher Retirement System of Texas
Austin,
Texas
| – | -$35K | -5,823 | Closed |
|
|
TRCT
112
Tower Research Capital (TRC)
New York
| – | -$1K | -251 | Closed |
|
SEMI Hedge Fund Activity: Q3 2016 in Review
98 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in SunEdison Semiconductor Limited (SEMI) for Q3 2016, worth a combined $320M — up 83% from $175M a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new SEMI positions and 14 closed out — a net gain of 35 holders — while 26 added to existing stakes and 17 trimmed.
The largest buyer was Alpine Associates Management, opening a new position worth an estimated $21.4M. The largest seller was Baupost Group, exiting entirely with an estimated $49.7M sold.
- 98 institutional investors held SunEdison Semiconductor Limited (SEMI) as of Q3 2016, up from 63 in Q2 2016.
- Funds reported $320M of SunEdison Semiconductor Limited stock for Q3 2016, up 83% quarter-over-quarter.
- 49 funds opened new SunEdison Semiconductor Limited positions in Q3 2016 and 14 closed out, a net change of +35 holders.
- The largest SunEdison Semiconductor Limited buyer in Q3 2016 was Alpine Associates Management, an estimated $21.4M added.
- The largest SunEdison Semiconductor Limited seller in Q3 2016 was Baupost Group, an estimated $49.7M sold.
Based on aggregated 13F filings for Q3 2016.