Tower International, Inc.
TOWR
TOWR was delisted on the 27th of September, 2019.
145 hedge funds and large institutions have $460M invested in Tower International, Inc. in 2018 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 63 increasing their positions, 44 reducing their positions, and 18 closing their positions.
53% more call options, than puts
Call options by funds: $704K | Put options by funds: $459K
43% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 44
3% less funds holding
Funds holding: 149 → 145 (-4)
17% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 18
19% less capital invested
Capital invested by funds: $570M → $460M (-$110M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$13.9M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$9.43M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$4.69M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.8M |
| 5 |
JP Morgan Chase
New York
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$8.24M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$5.23M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$4.45M |
| 4 |
BlackRock
New York
|
-$4.33M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.63M |
TOWR Hedge Fund Activity: Q4 2018 in Review
145 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Tower International, Inc. (TOWR) for Q4 2018, worth a combined $460M — down 19% from $570M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of TOWR and 15 opened new positions — a net loss of 3 holders — while 44 trimmed existing stakes and 63 added.
The largest buyer was Russell Investments Group, adding an estimated $13.9M. The largest seller was Royce & Associates, cutting an estimated $8.24M.
- 145 institutional investors held Tower International, Inc. (TOWR) as of Q4 2018, down from 149 in Q3 2018.
- Funds reported $460M of Tower International, Inc. stock for Q4 2018, down 19% quarter-over-quarter.
- 15 funds opened new Tower International, Inc. positions in Q4 2018 and 18 closed out, a net change of -3 holders.
- The largest Tower International, Inc. buyer in Q4 2018 was Russell Investments Group, an estimated $13.9M added.
- The largest Tower International, Inc. seller in Q4 2018 was Royce & Associates, an estimated $8.24M sold.
Based on aggregated 13F filings for Q4 2018.