Tower Semiconductor
TSEM
126 hedge funds and large institutions have $613M invested in Tower Semiconductor in 2016 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 49 increasing their positions, 20 reducing their positions, and 6 closing their positions.
683% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 6
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
145% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 20
73% more capital invested
Capital invested by funds: $355M → $613M (+$258M)
43% more funds holding
Funds holding: 88 → 126 (+38)
32% more call options, than puts
Call options by funds: $26.5M | Put options by funds: $20.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$85.9M |
| 2 |
MCP
Moab Capital Partners
Southampton,
New York
|
+$18.1M |
| 3 |
Millennium Management
New York
|
+$17.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$13.9M |
| 5 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$7.94M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.97M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$2.49M |
| 4 |
Group One Trading
Chicago,
Illinois
|
-$1.23M |
| 5 |
MC
Menta Capital
San Francisco,
California
|
-$846K |
TSEM Hedge Fund Activity: Q3 2016 in Review
126 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Tower Semiconductor (TSEM) for Q3 2016, worth a combined $613M — up 73% from $355M a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new TSEM positions and 6 closed out — a net gain of 41 holders — while 49 added to existing stakes and 20 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $85.9M. The largest seller was Harvest Capital Strategies, cutting an estimated $7.94M.
- 126 institutional investors held Tower Semiconductor (TSEM) as of Q3 2016, up from 88 in Q2 2016.
- Funds reported $613M of Tower Semiconductor stock for Q3 2016, up 73% quarter-over-quarter.
- 47 funds opened new Tower Semiconductor positions in Q3 2016 and 6 closed out, a net change of +41 holders.
- The largest Tower Semiconductor buyer in Q3 2016 was Victory Capital Management, an estimated $85.9M added.
- The largest Tower Semiconductor seller in Q3 2016 was Harvest Capital Strategies, an estimated $7.94M sold.
Based on aggregated 13F filings for Q3 2016.