Tower Semiconductor
TSEM
94 hedge funds and large institutions have $359M invested in Tower Semiconductor in 2015 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 34 increasing their positions, 30 reducing their positions, and 24 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 30
5% less funds holding
Funds holding: 99 → 94 (-5)
16% less capital invested
Capital invested by funds: $426M → $359M (-$67.6M)
17% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 24
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
28% less call options, than puts
Call options by funds: $10.4M | Put options by funds: $14.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
+$22.4M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$8.22M |
| 3 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
+$7.22M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.63M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$4.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$17.1M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$9.23M |
| 3 |
KCM
Kingdon Capital Management
New York
|
-$8.41M |
| 4 |
VAM
Visium Asset Management
New York
|
-$7.81M |
| 5 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$7.7M |
TSEM Hedge Fund Activity: Q3 2015 in Review
94 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Tower Semiconductor (TSEM) for Q3 2015, worth a combined $359M — down 16% from $426M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of TSEM and 20 opened new positions — a net loss of 4 holders — while 30 trimmed existing stakes and 34 added.
The largest buyer was Senvest Management, adding an estimated $22.4M. The largest seller was Wells Fargo, cutting an estimated $17.1M.
- 94 institutional investors held Tower Semiconductor (TSEM) as of Q3 2015, down from 99 in Q2 2015.
- Funds reported $359M of Tower Semiconductor stock for Q3 2015, down 16% quarter-over-quarter.
- 20 funds opened new Tower Semiconductor positions in Q3 2015 and 24 closed out, a net change of -4 holders.
- The largest Tower Semiconductor buyer in Q3 2015 was Senvest Management, an estimated $22.4M added.
- The largest Tower Semiconductor seller in Q3 2015 was Wells Fargo, an estimated $17.1M sold.
Based on aggregated 13F filings for Q3 2015.