Tower Semiconductor
TSEM
132 hedge funds and large institutions have $885M invested in Tower Semiconductor in 2016 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 49 increasing their positions, 38 reducing their positions, and 23 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 5 → 10 (+5)
75% more call options, than puts
Call options by funds: $52.7M | Put options by funds: $30M
52.51% more ownership
Funds ownership: 0% → 52.51% (+53%)
44% more capital invested
Capital invested by funds: $613M → $885M (+$272M)
30% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 23
29% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 38
5% more funds holding
Funds holding: 126 → 132 (+6)
Top Buyers
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$56.9M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$26M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$15.4M |
| 4 |
D.E. Shaw & Co
New York
|
+$13.5M |
| 5 |
Renaissance Technologies
New York
|
+$11.5M |
Top Sellers
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$23M |
| 2 |
Goldman Sachs
New York
|
-$12.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$11.9M |
| 4 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
-$10.4M |
| 5 |
LCM
Laurion Capital Management
New York
|
-$7.41M |
TSEM Hedge Fund Activity: Q4 2016 in Review
132 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Tower Semiconductor (TSEM) for Q4 2016, worth a combined $885M — up 44% from $613M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TSEM positions and 23 closed out — a net gain of 7 holders — while 49 added to existing stakes and 38 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $56.9M. The largest seller was Victory Capital Management, cutting an estimated $23M.
- 132 institutional investors held Tower Semiconductor (TSEM) as of Q4 2016, up from 126 in Q3 2016.
- Funds reported $885M of Tower Semiconductor stock for Q4 2016, up 44% quarter-over-quarter.
- 30 funds opened new Tower Semiconductor positions in Q4 2016 and 23 closed out, a net change of +7 holders.
- The largest Tower Semiconductor buyer in Q4 2016 was Wellington Management Group, an estimated $56.9M added.
- The largest Tower Semiconductor seller in Q4 2016 was Victory Capital Management, an estimated $23M sold.
Based on aggregated 13F filings for Q4 2016.