Tower Semiconductor
TSEM
135 hedge funds and large institutions have $1.42B invested in Tower Semiconductor in 2019 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 54 increasing their positions, 38 reducing their positions, and 20 closing their positions.
52% more call options, than puts
Call options by funds: $90.3M | Put options by funds: $59.5M
50% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 20
42% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 38
40% more capital invested
Capital invested by funds: $1.02B → $1.42B (+$406M)
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
8% more funds holding
Funds holding: 125 → 135 (+10)
5.8% more ownership
Funds ownership: 49.85% → 55.65% (+5.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$21.8M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$19.6M |
| 3 |
IAM
Ion Asset Management
Herzliya,
Israel
|
+$17M |
| 4 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
+$13.7M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$7.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
-$16.1M |
| 2 |
D.E. Shaw & Co
New York
|
-$10.7M |
| 3 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$10.3M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$8.98M |
| 5 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$7.39M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Citigroup
New York
| – | -$6.65K | -296 | Closed |
|
|
FHA
152
First Horizon Advisors
Memphis,
Tennessee
| – | +$269 | +12 | New |
|
|
GT
153
Glenmede Trust
Philadelphia,
Pennsylvania
| – | +$449 | +20 | +286% |
|
TSEM Hedge Fund Activity: Q4 2019 in Review
135 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Tower Semiconductor (TSEM) for Q4 2019, worth a combined $1.42B — up 40% from $1.02B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TSEM positions and 20 closed out — a net gain of 10 holders — while 54 added to existing stakes and 38 trimmed.
The largest buyer was Jennison Associates, adding an estimated $21.8M. The largest seller was Epoch Investment Partners, exiting entirely with an estimated $16.1M sold.
- 135 institutional investors held Tower Semiconductor (TSEM) as of Q4 2019, up from 125 in Q3 2019.
- Funds reported $1.42B of Tower Semiconductor stock for Q4 2019, up 40% quarter-over-quarter.
- 30 funds opened new Tower Semiconductor positions in Q4 2019 and 20 closed out, a net change of +10 holders.
- The largest Tower Semiconductor buyer in Q4 2019 was Jennison Associates, an estimated $21.8M added.
- The largest Tower Semiconductor seller in Q4 2019 was Epoch Investment Partners, an estimated $16.1M sold.
Based on aggregated 13F filings for Q4 2019.