Tower International, Inc.
TOWR
TOWR was delisted on the 27th of September, 2019.
118 hedge funds and large institutions have $379M invested in Tower International, Inc. in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 47 increasing their positions, 41 reducing their positions, and 26 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 41
7% less capital invested
Capital invested by funds: $408M → $379M (-$28.9M)
14% less funds holding
Funds holding: 137 → 118 (-19)
65% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 26
96% less call options, than puts
Call options by funds: $1K | Put options by funds: $23K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.96M |
| 2 |
TG
TCW Group
Los Angeles,
California
|
+$4.91M |
| 3 |
Goldman Sachs
New York
|
+$2.01M |
| 4 |
D.E. Shaw & Co
New York
|
+$1.94M |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.77M |
| 2 |
Man Group
London,
United Kingdom
|
-$2.85M |
| 3 |
QI
QS Investors
New York
|
-$2.58M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.47M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$1.28M |
TOWR Hedge Fund Activity: Q2 2019 in Review
118 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Tower International, Inc. (TOWR) for Q2 2019, worth a combined $379M — down 7.1% from $408M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of TOWR and 9 opened new positions — a net loss of 17 holders — while 41 trimmed existing stakes and 47 added.
The largest buyer was BlackRock, adding an estimated $6.96M. The largest seller was Millennium Management, exiting entirely with an estimated $4.77M sold.
- 118 institutional investors held Tower International, Inc. (TOWR) as of Q2 2019, down from 137 in Q1 2019.
- Funds reported $379M of Tower International, Inc. stock for Q2 2019, down 7.1% quarter-over-quarter.
- 9 funds opened new Tower International, Inc. positions in Q2 2019 and 26 closed out, a net change of -17 holders.
- The largest Tower International, Inc. buyer in Q2 2019 was BlackRock, an estimated $6.96M added.
- The largest Tower International, Inc. seller in Q2 2019 was Millennium Management, an estimated $4.77M sold.
Based on aggregated 13F filings for Q2 2019.