Tower International, Inc.
TOWR
TOWR was delisted on the 27th of September, 2019.
11 hedge funds and large institutions have $24M invested in Tower International, Inc. in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 8 reducing their positions, and 108 closing their positions.
75% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 8
91% less funds holding
Funds holding: 118 → 11 (-107)
94% less capital invested
Capital invested by funds: $379M → $24M (-$355M)
98% less call options, than puts
Call options by funds: $3K | Put options by funds: $127K
99% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 108
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
+$747K |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$440K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$16.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$42.8M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$35.7M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$27.8M |
| 4 |
TC
Towle & Co
Denver,
Colorado
|
-$21.3M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$20.4M |
TOWR Hedge Fund Activity: Q3 2019 in Review
11 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Tower International, Inc. (TOWR) for Q3 2019, worth a combined $24M — down 94% from $379M a quarter earlier.
Sellers outnumbered buyers: 108 funds closed out of TOWR and 1 opened new positions — a net loss of 107 holders — while 8 trimmed existing stakes and 2 added.
The largest buyer was Ohio Public Employees Retirement System (OPERS), adding an estimated $747K. The largest seller was BlackRock, exiting entirely with an estimated $42.8M sold.
- 11 institutional investors held Tower International, Inc. (TOWR) as of Q3 2019, down from 118 in Q2 2019.
- Funds reported $24M of Tower International, Inc. stock for Q3 2019, down 94% quarter-over-quarter.
- 1 fund opened new Tower International, Inc. positions in Q3 2019 and 108 closed out, a net change of -107 holders.
- The largest Tower International, Inc. buyer in Q3 2019 was Ohio Public Employees Retirement System (OPERS), an estimated $747K added.
- The largest Tower International, Inc. seller in Q3 2019 was BlackRock, an estimated $42.8M sold.
Based on aggregated 13F filings for Q3 2019.