Tower Semiconductor
TSEM
115 hedge funds and large institutions have $810M invested in Tower Semiconductor in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 42 increasing their positions, 39 reducing their positions, and 19 closing their positions.
64% more call options, than puts
Call options by funds: $51.1M | Put options by funds: $31.2M
8% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 39
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.58% less ownership
Funds ownership: 50.41% → 48.84% (-1.6%)
3% less funds holding
Funds holding: 119 → 115 (-4)
8% less capital invested
Capital invested by funds: $876M → $810M (-$66.1M)
16% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.69M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$3.61M |
| 3 |
ClearBridge Investments
New York
|
+$3.44M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.4M |
| 5 |
Renaissance Technologies
New York
|
+$3.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
-$8.42M |
| 2 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$5.78M |
| 3 |
DG
Delek Group
Herzliya,
Israel
|
-$5.75M |
| 4 |
Two Sigma Advisers
New York
|
-$4.36M |
| 5 |
EIP
Epoch Investment Partners
New York
|
-$4.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WCM
126
WealthBridge Capital Management
Westerville,
Ohio
| – | -$6K | -357 | Closed |
|
|
CFG
127
Citizens Financial Group
Providence,
Rhode Island
| – | -$2K | -147 | Closed |
|
|
OWA
128
One Wealth Advisors
San Francisco,
California
| – | -$1K | -69 | Closed |
|
|
FRA
129
Front Row Advisors
Tiburon,
California
| – | -$1K | -67 | Closed |
|
130
SEI Investments
Oaks,
Pennsylvania
| – | -$1K | -38 | Closed |
|
|
FGAM
131
Financial Gravity Asset Management
Lakeway,
Texas
| – | +$33 | +2 | +13% |
|
132
Bank of Montreal
Toronto,
Ontario, Canada
| – | +$83 | +5 | New |
|
TSEM Hedge Fund Activity: Q2 2019 in Review
115 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Tower Semiconductor (TSEM) for Q2 2019, worth a combined $810M — down 7.5% from $876M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of TSEM and 16 opened new positions — a net loss of 3 holders — while 39 trimmed existing stakes and 42 added.
The largest buyer was Deutsche Bank, adding an estimated $5.69M. The largest seller was Senvest Management, cutting an estimated $8.42M.
- 115 institutional investors held Tower Semiconductor (TSEM) as of Q2 2019, down from 119 in Q1 2019.
- Funds reported $810M of Tower Semiconductor stock for Q2 2019, down 7.5% quarter-over-quarter.
- 16 funds opened new Tower Semiconductor positions in Q2 2019 and 19 closed out, a net change of -3 holders.
- The largest Tower Semiconductor buyer in Q2 2019 was Deutsche Bank, an estimated $5.69M added.
- The largest Tower Semiconductor seller in Q2 2019 was Senvest Management, an estimated $8.42M sold.
Based on aggregated 13F filings for Q2 2019.