Tower Semiconductor
TSEM
125 hedge funds and large institutions have $1.02B invested in Tower Semiconductor in 2019 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 44 increasing their positions, 38 reducing their positions, and 15 closing their positions.
87% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 15
55% more call options, than puts
Call options by funds: $47.3M | Put options by funds: $30.5M
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
26% more capital invested
Capital invested by funds: $810M → $1.02B (+$209M)
16% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 38
9% more funds holding
Funds holding: 115 → 125 (+10)
1.01% more ownership
Funds ownership: 48.84% → 49.85% (+1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Ion Asset Management
Herzliya,
Israel
|
+$26.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$18.2M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$8.53M |
| 4 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$8.18M |
| 5 |
Jennison Associates
New York
|
+$7.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
-$16.2M |
| 2 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$15M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.82M |
| 4 |
DP
Dundas Partners
Edinburgh,
United Kingdom
|
-$9.66M |
| 5 |
Bank of New York Mellon
New York
|
-$8.61M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
126
Marathon Capital Management
Hunt Valley,
Maryland
| – | -$1.32M | -83,775 | Closed |
|
|
SST
127
S Squared Technology
New York
| – | -$1.03M | -65,100 | Closed |
|
|
PTC
128
Petrus Trust Company
Dallas,
Texas
| – | -$271K | -17,200 | Closed |
|
|
PP
129
Paloma Partners
Greenwich,
Connecticut
| – | -$256K | -16,248 | Closed |
|
130
Assenagon Asset Management
Senningerberg,
Luxembourg
| – | -$212K | -13,427 | Closed |
|
131
Nomura Asset Management
Tokyo,
Japan
| – | -$178K | -11,300 | Closed |
|
|
RC
132
RBF Capital
San Francisco,
California
| – | -$173K | -11,000 | Closed |
|
|
133
Bank of New York Mellon
New York
| – | -$8.61M | -5,342 | Closed |
|
|
QT
134
Quantbot Technologies
New York
| – | -$50K | -3,200 | Closed |
|
|
PI
135
PEAK6 Investments
Chicago,
Illinois
| – | -$53.1K | -2,846 | Closed |
|
|
WAP
136
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$2K | -100 | Closed |
|
|
FGAM
137
Financial Gravity Asset Management
Lakeway,
Texas
| – | +$37 | +2 | +11% |
|
TSEM Hedge Fund Activity: Q3 2019 in Review
125 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Tower Semiconductor (TSEM) for Q3 2019, worth a combined $1.02B — up 26% from $810M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new TSEM positions and 15 closed out — a net gain of 13 holders — while 44 added to existing stakes and 38 trimmed.
The largest buyer was Ion Asset Management, adding an estimated $26.2M. The largest seller was Epoch Investment Partners, cutting an estimated $16.2M.
- 125 institutional investors held Tower Semiconductor (TSEM) as of Q3 2019, up from 115 in Q2 2019.
- Funds reported $1.02B of Tower Semiconductor stock for Q3 2019, up 26% quarter-over-quarter.
- 28 funds opened new Tower Semiconductor positions in Q3 2019 and 15 closed out, a net change of +13 holders.
- The largest Tower Semiconductor buyer in Q3 2019 was Ion Asset Management, an estimated $26.2M added.
- The largest Tower Semiconductor seller in Q3 2019 was Epoch Investment Partners, an estimated $16.2M sold.
Based on aggregated 13F filings for Q3 2019.