Tower International, Inc.
TOWR
TOWR was delisted on the 27th of September, 2019.
142 hedge funds and large institutions have $399M invested in Tower International, Inc. in 2016 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 49 increasing their positions, 47 reducing their positions, and 30 closing their positions.
619% more call options, than puts
Call options by funds: $115K | Put options by funds: $16K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
4% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 47
3% less funds holding
Funds holding: 147 → 142 (-5)
13% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 30
20% less capital invested
Capital invested by funds: $499M → $399M (-$100M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
+$15.3M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$7.5M |
| 3 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$5.93M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$5.68M |
| 5 |
RA
Royce & Associates
New York
|
+$5.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$10.3M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$9.08M |
| 3 |
JP Morgan Chase
New York
|
-$7.29M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$5.78M |
| 5 |
WIC
Water Island Capital
New York
|
-$5.44M |
TOWR Hedge Fund Activity: Q2 2016 in Review
142 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Tower International, Inc. (TOWR) for Q2 2016, worth a combined $399M — down 20% from $499M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of TOWR and 26 opened new positions — a net loss of 4 holders — while 47 trimmed existing stakes and 49 added.
The largest buyer was Towle & Co, opening a new position worth an estimated $15.3M. The largest seller was Vanguard Group, cutting an estimated $10.3M.
- 142 institutional investors held Tower International, Inc. (TOWR) as of Q2 2016, down from 147 in Q1 2016.
- Funds reported $399M of Tower International, Inc. stock for Q2 2016, down 20% quarter-over-quarter.
- 26 funds opened new Tower International, Inc. positions in Q2 2016 and 30 closed out, a net change of -4 holders.
- The largest Tower International, Inc. buyer in Q2 2016 was Towle & Co, an estimated $15.3M added.
- The largest Tower International, Inc. seller in Q2 2016 was Vanguard Group, an estimated $10.3M sold.
Based on aggregated 13F filings for Q2 2016.