Tower International, Inc.
TOWR
TOWR was delisted on the 27th of September, 2019.
135 hedge funds and large institutions have $503M invested in Tower International, Inc. in 2017 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 40 increasing their positions, 49 reducing their positions, and 11 closing their positions.
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
23% more capital invested
Capital invested by funds: $409M → $503M (+$94.6M)
11% more call options, than puts
Call options by funds: $200K | Put options by funds: $180K
7% more funds holding
Funds holding: 126 → 135 (+9)
18% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 49
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$2.53M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.29M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.61M |
| 5 |
TIAAOA
Teachers Insurance & Annuity Association of America
New York
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Assured Investment Management
New York
|
-$4.06M |
| 2 |
Renaissance Technologies
New York
|
-$1.59M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.14M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$915K |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$826K |
TOWR Hedge Fund Activity: Q3 2017 in Review
135 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Tower International, Inc. (TOWR) for Q3 2017, worth a combined $503M — up 23% from $409M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TOWR positions and 11 closed out — a net gain of 9 holders — while 40 added to existing stakes and 49 trimmed.
The largest buyer was BlackRock, adding an estimated $6M. The largest seller was Assured Investment Management, exiting entirely with an estimated $4.06M sold.
- 135 institutional investors held Tower International, Inc. (TOWR) as of Q3 2017, up from 126 in Q2 2017.
- Funds reported $503M of Tower International, Inc. stock for Q3 2017, up 23% quarter-over-quarter.
- 20 funds opened new Tower International, Inc. positions in Q3 2017 and 11 closed out, a net change of +9 holders.
- The largest Tower International, Inc. buyer in Q3 2017 was BlackRock, an estimated $6M added.
- The largest Tower International, Inc. seller in Q3 2017 was Assured Investment Management, an estimated $4.06M sold.
Based on aggregated 13F filings for Q3 2017.