Tower Semiconductor
TSEM
176 hedge funds and large institutions have $1.74B invested in Tower Semiconductor in 2017 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 59 increasing their positions, 57 reducing their positions, and 18 closing their positions.
122% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 18
40% more call options, than puts
Call options by funds: $114M | Put options by funds: $81.4M
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
26% more capital invested
Capital invested by funds: $1.38B → $1.74B (+$360M)
14% more funds holding
Funds holding: 155 → 176 (+21)
2.5% more ownership
Funds ownership: 45.71% → 48.21% (+2.5%)
4% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$41.7M |
| 2 |
Neuberger Berman Group
New York
|
+$37.8M |
| 3 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$22.3M |
| 4 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$15.2M |
| 5 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
-$35.7M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$26.4M |
| 3 |
SAM
Sentinel Asset Management
Montpelier,
Vermont
|
-$15.3M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$14.1M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$12.2M |
TSEM Hedge Fund Activity: Q4 2017 in Review
176 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Tower Semiconductor (TSEM) for Q4 2017, worth a combined $1.74B — up 26% from $1.38B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new TSEM positions and 18 closed out — a net gain of 22 holders — while 59 added to existing stakes and 57 trimmed.
The largest buyer was Fidelity International, opening a new position worth an estimated $41.7M. The largest seller was Senvest Management, cutting an estimated $35.7M.
- 176 institutional investors held Tower Semiconductor (TSEM) as of Q4 2017, up from 155 in Q3 2017.
- Funds reported $1.74B of Tower Semiconductor stock for Q4 2017, up 26% quarter-over-quarter.
- 40 funds opened new Tower Semiconductor positions in Q4 2017 and 18 closed out, a net change of +22 holders.
- The largest Tower Semiconductor buyer in Q4 2017 was Fidelity International, an estimated $41.7M added.
- The largest Tower Semiconductor seller in Q4 2017 was Senvest Management, an estimated $35.7M sold.
Based on aggregated 13F filings for Q4 2017.