Tower Semiconductor
TSEM
139 hedge funds and large institutions have $1.05B invested in Tower Semiconductor in 2018 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 53 increasing their positions, 50 reducing their positions, and 33 closing their positions.
1.21% more ownership
Funds ownership: 47.48% → 48.69% (+1.2%)
7% more call options, than puts
Call options by funds: $41.5M | Put options by funds: $38.8M
6% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 50
4% more capital invested
Capital invested by funds: $1.02B → $1.05B (+$35.8M)
11% less funds holding
Funds holding: 156 → 139 (-17)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
48% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 33
Top Buyers
| 1 |
SM
Senvest Management
New York
|
+$42.2M |
| 2 |
EIP
Epoch Investment Partners
New York
|
+$31.3M |
| 3 |
ClearBridge Investments
New York
|
+$21.3M |
| 4 |
DG
Delek Group
Herzliya,
Israel
|
+$12.2M |
| 5 |
MCP
Moab Capital Partners
Southampton,
New York
|
+$8.8M |
Top Sellers
| 1 |
IAM
Ion Asset Management
Herzliya,
Israel
|
-$19.3M |
| 2 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
-$14.4M |
| 3 |
Millennium Management
New York
|
-$12.8M |
| 4 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$10.6M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.49M |
TSEM Hedge Fund Activity: Q3 2018 in Review
139 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Tower Semiconductor (TSEM) for Q3 2018, worth a combined $1.05B — up 3.5% from $1.02B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of TSEM and 17 opened new positions — a net loss of 16 holders — while 50 trimmed existing stakes and 53 added.
The largest buyer was Senvest Management, adding an estimated $42.2M. The largest seller was Ion Asset Management, exiting entirely with an estimated $19.3M sold.
- 139 institutional investors held Tower Semiconductor (TSEM) as of Q3 2018, down from 156 in Q2 2018.
- Funds reported $1.05B of Tower Semiconductor stock for Q3 2018, up 3.5% quarter-over-quarter.
- 17 funds opened new Tower Semiconductor positions in Q3 2018 and 33 closed out, a net change of -16 holders.
- The largest Tower Semiconductor buyer in Q3 2018 was Senvest Management, an estimated $42.2M added.
- The largest Tower Semiconductor seller in Q3 2018 was Ion Asset Management, an estimated $19.3M sold.
Based on aggregated 13F filings for Q3 2018.