Tower International, Inc.
TOWR
TOWR was delisted on the 27th of September, 2019.
134 hedge funds and large institutions have $516M invested in Tower International, Inc. in 2016 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 50 increasing their positions, 49 reducing their positions, and 16 closing their positions.
17% more capital invested
Capital invested by funds: $440M → $516M (+$76.4M)
2% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 49
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
2% less funds holding
Funds holding: 137 → 134 (-3)
99% less call options, than puts
Call options by funds: $6K | Put options by funds: $408K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$7.45M |
| 2 |
SGCIA
Smith Graham & Co Investment Advisors
Houston,
Texas
|
+$6.02M |
| 3 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$5.12M |
| 4 |
JP Morgan Chase
New York
|
+$3.33M |
| 5 |
Bank of New York Mellon
New York
|
+$2.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$14.7M |
| 2 |
DDPIC
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
|
-$13.2M |
| 3 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
-$7.61M |
| 4 |
AIM
Assured Investment Management
New York
|
-$4.66M |
| 5 |
CCMH
Cornerstone Capital Management Holdings
New York
|
-$2.74M |
TOWR Hedge Fund Activity: Q4 2016 in Review
134 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Tower International, Inc. (TOWR) for Q4 2016, worth a combined $516M — up 17% from $440M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TOWR and 15 opened new positions — a net loss of 1 holder — while 49 trimmed existing stakes and 50 added.
The largest buyer was LSV Asset Management, adding an estimated $7.45M. The largest seller was Goldman Sachs, cutting an estimated $14.7M.
- 134 institutional investors held Tower International, Inc. (TOWR) as of Q4 2016, down from 137 in Q3 2016.
- Funds reported $516M of Tower International, Inc. stock for Q4 2016, up 17% quarter-over-quarter.
- 15 funds opened new Tower International, Inc. positions in Q4 2016 and 16 closed out, a net change of -1 holder.
- The largest Tower International, Inc. buyer in Q4 2016 was LSV Asset Management, an estimated $7.45M added.
- The largest Tower International, Inc. seller in Q4 2016 was Goldman Sachs, an estimated $14.7M sold.
Based on aggregated 13F filings for Q4 2016.