Tower Semiconductor
TSEM
155 hedge funds and large institutions have $1.38B invested in Tower Semiconductor in 2017 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 52 increasing their positions, 56 reducing their positions, and 23 closing their positions.
83% more call options, than puts
Call options by funds: $72.9M | Put options by funds: $39.8M
30% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 23
22% more capital invested
Capital invested by funds: $1.13B → $1.38B (+$249M)
5% more funds holding
Funds holding: 148 → 155 (+7)
7% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 56
8.33% less ownership
Funds ownership: 54.04% → 45.71% (-8.3%)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$17M |
| 2 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$16M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$14.5M |
| 4 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$13.6M |
| 5 |
Millennium Management
New York
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$27.2M |
| 2 |
Alkeon Capital Management
New York
|
-$21.9M |
| 3 |
Renaissance Technologies
New York
|
-$17.4M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$16.1M |
| 5 |
Two Sigma Investments
New York
|
-$15.4M |
TSEM Hedge Fund Activity: Q3 2017 in Review
155 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Tower Semiconductor (TSEM) for Q3 2017, worth a combined $1.38B — up 22% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TSEM positions and 23 closed out — a net gain of 7 holders — while 52 added to existing stakes and 56 trimmed.
The largest buyer was Migdal Insurance & Financial Holdings, adding an estimated $17M. The largest seller was Victory Capital Management, cutting an estimated $27.2M.
- 155 institutional investors held Tower Semiconductor (TSEM) as of Q3 2017, up from 148 in Q2 2017.
- Funds reported $1.38B of Tower Semiconductor stock for Q3 2017, up 22% quarter-over-quarter.
- 30 funds opened new Tower Semiconductor positions in Q3 2017 and 23 closed out, a net change of +7 holders.
- The largest Tower Semiconductor buyer in Q3 2017 was Migdal Insurance & Financial Holdings, an estimated $17M added.
- The largest Tower Semiconductor seller in Q3 2017 was Victory Capital Management, an estimated $27.2M sold.
Based on aggregated 13F filings for Q3 2017.