Tower Semiconductor
TSEM
99 hedge funds and large institutions have $426M invested in Tower Semiconductor in 2015 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 34 increasing their positions, 38 reducing their positions, and 26 closing their positions.
42% more call options, than puts
Call options by funds: $29M | Put options by funds: $20.4M
3% less funds holding
Funds holding: 102 → 99 (-3)
11% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 38
12% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 26
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
59% less capital invested
Capital invested by funds: $1.03B → $426M (-$603M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
+$11.5M |
| 2 |
TCM
Tygh Capital Management
Portland,
Oregon
|
+$9.08M |
| 3 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
+$7.81M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$7.49M |
| 5 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
+$7.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$23.4M |
| 2 |
ICM
ISZO Capital Management
New York
|
-$12.9M |
| 3 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$11.9M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$6.41M |
| 5 |
Morgan Stanley
New York
|
-$6.35M |
TSEM Hedge Fund Activity: Q2 2015 in Review
99 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Tower Semiconductor (TSEM) for Q2 2015, worth a combined $426M — down 59% from $1.03B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of TSEM and 23 opened new positions — a net loss of 3 holders — while 38 trimmed existing stakes and 34 added.
The largest buyer was RS Investment Management, adding an estimated $11.5M. The largest seller was Harvest Capital Strategies, cutting an estimated $23.4M.
- 99 institutional investors held Tower Semiconductor (TSEM) as of Q2 2015, down from 102 in Q1 2015.
- Funds reported $426M of Tower Semiconductor stock for Q2 2015, down 59% quarter-over-quarter.
- 23 funds opened new Tower Semiconductor positions in Q2 2015 and 26 closed out, a net change of -3 holders.
- The largest Tower Semiconductor buyer in Q2 2015 was RS Investment Management, an estimated $11.5M added.
- The largest Tower Semiconductor seller in Q2 2015 was Harvest Capital Strategies, an estimated $23.4M sold.
Based on aggregated 13F filings for Q2 2015.