Tower International, Inc.
TOWR
TOWR was delisted on the 27th of September, 2019.
143 hedge funds and large institutions have $590M invested in Tower International, Inc. in 2018 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 43 increasing their positions, 65 reducing their positions, and 18 closing their positions.
182% more call options, than puts
Call options by funds: $2.24M | Put options by funds: $795K
14% more capital invested
Capital invested by funds: $518M → $590M (+$71.9M)
3% less funds holding
Funds holding: 148 → 143 (-5)
22% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 18
34% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 65
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$17M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$4.58M |
| 3 |
Renaissance Technologies
New York
|
+$2.4M |
| 4 |
Morgan Stanley
New York
|
+$2.24M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$2.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.27M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$4.56M |
| 3 |
BCM
Buckhead Capital Management
Atlanta,
Georgia
|
-$4.02M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$3.36M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.89M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSL
151
Mackay Shields LLC
New York
| – | -$749K | -26,981 | Closed |
|
|
IA
152
Icon Advisers
Greenwood Village,
Colorado
| – | -$702K | -25,300 | Closed |
|
153
Balyasny Asset Management
Chicago,
Illinois
| – | -$318K | -11,449 | Closed |
|
|
ARTA
154
A.R.T. Advisors
New York
| – | -$304K | -10,982 | Closed |
|
|
EMG
155
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$230K | -8,300 | Closed |
|
|
PTC
156
Petrus Trust Company
Dallas,
Texas
| – | -$226K | -8,149 | Closed |
|
|
CG
157
Cutler Group
San Francisco,
California
| – | -$61K | -2,200 | Closed |
|
|
ASN
158
Advisory Services Network
Atlanta,
Georgia
| – | -$54K | -1,947 | Closed |
|
|
PG
159
PEAK6 Group
Chicago,
Illinois
| – | -$23.3K | -773 | Closed |
|
|
HR
160
Howe & Rusling
Rochester,
New York
| – | -$4K | -140 | Closed |
|
|
NSIM
161
North Star Investment Management
Chicago,
Illinois
| – | -$3K | -100 | Closed |
|
TOWR Hedge Fund Activity: Q2 2018 in Review
143 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Tower International, Inc. (TOWR) for Q2 2018, worth a combined $590M — up 14% from $518M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of TOWR and 14 opened new positions — a net loss of 4 holders — while 65 trimmed existing stakes and 43 added.
The largest buyer was AllianceBernstein, adding an estimated $17M. The largest seller was Millennium Management, cutting an estimated $6.27M.
- 143 institutional investors held Tower International, Inc. (TOWR) as of Q2 2018, down from 148 in Q1 2018.
- Funds reported $590M of Tower International, Inc. stock for Q2 2018, up 14% quarter-over-quarter.
- 14 funds opened new Tower International, Inc. positions in Q2 2018 and 18 closed out, a net change of -4 holders.
- The largest Tower International, Inc. buyer in Q2 2018 was AllianceBernstein, an estimated $17M added.
- The largest Tower International, Inc. seller in Q2 2018 was Millennium Management, an estimated $6.27M sold.
Based on aggregated 13F filings for Q2 2018.