Tower International, Inc.
TOWR
TOWR was delisted on the 27th of September, 2019.
126 hedge funds and large institutions have $530M invested in Tower International, Inc. in 2014 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 47 increasing their positions, 50 reducing their positions, and 6 closing their positions.
233% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 6
36% more capital invested
Capital invested by funds: $391M → $530M (+$139M)
12% more funds holding
Funds holding: 113 → 126 (+13)
6% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$11.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.5M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$6.68M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$6.55M |
| 5 |
JP Morgan Chase
New York
|
+$6.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$16.5M |
| 2 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$8.6M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$4.49M |
| 4 |
Bank of New York Mellon
New York
|
-$4.44M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$2.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $21 | – | – | – |
|
|
SCA
127
SAC Capital Advisors
Stamford,
Connecticut
| – | -$8.6M | -401,818 | Closed |
|
|
NIP
128
Nicholas Investment Partners
Rancho Santa Fe,
California
| – | -$2.44M | -114,036 | Closed |
|
129
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$278K | -12,969 | Closed |
|
|
JG
130
Jefferies Group
New York
| – | -$276K | -12,904 | Closed |
|
|
FQ
131
First Quadrant
Glendale,
California
| – | -$124K | -5,800 | Closed |
|
|
LTFS
132
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$1K | -60 | Closed |
|
TOWR Hedge Fund Activity: Q1 2014 in Review
126 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Tower International, Inc. (TOWR) for Q1 2014, worth a combined $530M — up 36% from $391M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TOWR positions and 6 closed out — a net gain of 14 holders — while 47 added to existing stakes and 50 trimmed.
The largest buyer was Systematic Financial Management, adding an estimated $11.9M. The largest seller was Credit Suisse, cutting an estimated $16.5M.
- 126 institutional investors held Tower International, Inc. (TOWR) as of Q1 2014, up from 113 in Q4 2013.
- Funds reported $530M of Tower International, Inc. stock for Q1 2014, up 36% quarter-over-quarter.
- 20 funds opened new Tower International, Inc. positions in Q1 2014 and 6 closed out, a net change of +14 holders.
- The largest Tower International, Inc. buyer in Q1 2014 was Systematic Financial Management, an estimated $11.9M added.
- The largest Tower International, Inc. seller in Q1 2014 was Credit Suisse, an estimated $16.5M sold.
Based on aggregated 13F filings for Q1 2014.