Tower International, Inc.
TOWR
TOWR was delisted on the 27th of September, 2019.
147 hedge funds and large institutions have $503M invested in Tower International, Inc. in 2016 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 52 increasing their positions, 54 reducing their positions, and 27 closing their positions.
160% more call options, than puts
Call options by funds: $13K | Put options by funds: $5K
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 148 → 147 (-1)
4% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 27
4% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 54
8% less capital invested
Capital invested by funds: $548M → $503M (-$45.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
+$4.66M |
| 2 |
SC
Sessa Capital
New York
|
+$3.96M |
| 3 |
HCM
Highbridge Capital Management
New York
|
+$3.88M |
| 4 |
DDPIC
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
|
+$3.59M |
| 5 |
Morgan Stanley
New York
|
+$3.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$15.1M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$7.78M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$4.05M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$3.98M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$3.48M |
TOWR Hedge Fund Activity: Q1 2016 in Review
147 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Tower International, Inc. (TOWR) for Q1 2016, worth a combined $503M — down 8.2% from $548M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of TOWR and 26 opened new positions — a net loss of 1 holder — while 54 trimmed existing stakes and 52 added.
The largest buyer was Water Island Capital, opening a new position worth an estimated $4.66M. The largest seller was Systematic Financial Management, exiting entirely with an estimated $15.1M sold.
- 147 institutional investors held Tower International, Inc. (TOWR) as of Q1 2016, down from 148 in Q4 2015.
- Funds reported $503M of Tower International, Inc. stock for Q1 2016, down 8.2% quarter-over-quarter.
- 26 funds opened new Tower International, Inc. positions in Q1 2016 and 27 closed out, a net change of -1 holder.
- The largest Tower International, Inc. buyer in Q1 2016 was Water Island Capital, an estimated $4.66M added.
- The largest Tower International, Inc. seller in Q1 2016 was Systematic Financial Management, an estimated $15.1M sold.
Based on aggregated 13F filings for Q1 2016.