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Tower Semiconductor

88 hedge funds and large institutions have $355M invested in Tower Semiconductor in 2016 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 30 increasing their positions, 29 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

39% more call options, than puts

Call options by funds: $16.8M | Put options by funds: $12.1M

3% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 29

0% less capital invested

Capital invested by funds: $355M → $355M (-$743K)

8% less funds holding

Funds holding: 9688 (-8)

32% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 22

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
88
Holders Change
-8
Holders Change %
-8.33%
% of All Funds
2.35%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
15
Increased
30
Reduced
29
Closed
22
Calls
$16.8M
Puts
$12.1M
Net Calls
+$4.67M
Net Calls Change
+$1.74M
Name Holding Trade Value Shares
Change
Change in
Stake
SM
1
Senvest Management
New York
$87.8M +$5.4M +448,102 +7%
RIM
2
RS Investment Management
California
$71.1M +$774K +64,264 +1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$16.9M +$2.97M +246,589 +22%
SAM
4
Sentinel Asset Management
Vermont
$15.4M +$1.21M +100,281 +9%
HCS
5
Harvest Capital Strategies
California
$14.9M +$4.3M +356,751 +42%
RCMC
6
RK Capital Management (Colorado)
Colorado
$12.4M -$1.35M -112,234 -10%
Alkeon Capital Management
7
Alkeon Capital Management
New York
$11.3M +$9.1K +755 +0.1%
PI
8
Putnam Investments
Massachusetts
$10.4M +$5.16M +428,758 +104%
MMH
9
Menora Mivtachim Holdings
Israel
$7.97M +$2.28M +189,098 +42%
BHB
10
Bank Hapoalim BM
Israel
$7.49M
TCM
11
Tygh Capital Management
Oregon
$6.45M -$2.08M -172,922 -25%
WA
12
Wasatch Advisors
Utah
$6.36M +$4.82M +399,933 +357%
CAM
13
Cortina Asset Management
Wisconsin
$6.26M -$222K -18,422 -4%
MCM
14
McKinley Capital Management
Alaska
$6.21M -$1.57K -130 -0%
Principal Financial Group
15
Principal Financial Group
Iowa
$5.1M +$331K +27,438 +7%
ROC
16
Robertson Opportunity Capital
Texas
$5.03M
Marshall Wace
17
Marshall Wace
United Kingdom
$4.25M -$2.97M -246,729 -42%
MCP
18
Moab Capital Partners
New York
$4.11M -$170K -14,101 -4%
UBS Group
19
UBS Group
Switzerland
$3.71M +$788K +65,417 +28%
MIFH
20
Migdal Insurance & Financial Holdings
Israel
$3.3M +$3.2M +265,590 New
Federated Hermes
21
Federated Hermes
Pennsylvania
$2.91M -$24.9K -2,065 -0.9%
Norges Bank
22
Norges Bank
Norway
$2.75M +$391K +32,479 +16%
QI
23
QS Investors
New York
$2.41M +$34.4K +2,854 +1%
Allianz Asset Management
24
Allianz Asset Management
Germany
$2.32M -$3.63M -301,049 -61%
Millennium Management
25
Millennium Management
New York
$2.31M -$2.96M -246,099 -57%

TSEM Hedge Fund Activity: Q2 2016 in Review

88 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Tower Semiconductor (TSEM) for Q2 2016, worth a combined $355M — down 0.21% from $355M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of TSEM and 15 opened new positions — a net loss of 7 holders — while 29 trimmed existing stakes and 30 added.

The largest buyer was Senvest Management, adding an estimated $5.4M. The largest seller was Bank of New York Mellon, exiting entirely with an estimated $11M sold.

  • 88 institutional investors held Tower Semiconductor (TSEM) as of Q2 2016, down from 96 in Q1 2016.
  • Funds reported $355M of Tower Semiconductor stock for Q2 2016, down 0.21% quarter-over-quarter.
  • 15 funds opened new Tower Semiconductor positions in Q2 2016 and 22 closed out, a net change of -7 holders.
  • The largest Tower Semiconductor buyer in Q2 2016 was Senvest Management, an estimated $5.4M added.
  • The largest Tower Semiconductor seller in Q2 2016 was Bank of New York Mellon, an estimated $11M sold.

Based on aggregated 13F filings for Q2 2016.