Tower International, Inc.
TOWR
TOWR was delisted on the 27th of September, 2019.
148 hedge funds and large institutions have $518M invested in Tower International, Inc. in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 60 increasing their positions, 50 reducing their positions, and 20 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 50
9% less call options, than puts
Call options by funds: $563K | Put options by funds: $616K
6% less funds holding
Funds holding: 158 → 148 (-10)
9% less capital invested
Capital invested by funds: $568M → $518M (-$49.7M)
30% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prudential plc
London, England,
United Kingdom
|
+$3.3M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$3.17M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$2.65M |
| 4 |
AIM
Alambic Investment Management
Belvedere,
California
|
+$2.58M |
| 5 |
Millennium Management
New York
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$4.5M |
| 2 |
Morgan Stanley
New York
|
-$3.72M |
| 3 |
JP Morgan Chase
New York
|
-$3.01M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$2.71M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$1.89M |
TOWR Hedge Fund Activity: Q1 2018 in Review
148 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Tower International, Inc. (TOWR) for Q1 2018, worth a combined $518M — down 8.8% from $568M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of TOWR and 14 opened new positions — a net loss of 6 holders — while 50 trimmed existing stakes and 60 added.
The largest buyer was Prudential plc, adding an estimated $3.3M. The largest seller was BlackRock, cutting an estimated $4.5M.
- 148 institutional investors held Tower International, Inc. (TOWR) as of Q1 2018, down from 158 in Q4 2017.
- Funds reported $518M of Tower International, Inc. stock for Q1 2018, down 8.8% quarter-over-quarter.
- 14 funds opened new Tower International, Inc. positions in Q1 2018 and 20 closed out, a net change of -6 holders.
- The largest Tower International, Inc. buyer in Q1 2018 was Prudential plc, an estimated $3.3M added.
- The largest Tower International, Inc. seller in Q1 2018 was BlackRock, an estimated $4.5M sold.
Based on aggregated 13F filings for Q1 2018.