Tower Semiconductor
TSEM
168 hedge funds and large institutions have $1.28B invested in Tower Semiconductor in 2018 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 66 increasing their positions, 61 reducing their positions, and 33 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 61
3% more call options, than puts
Call options by funds: $52.6M | Put options by funds: $50.9M
0.82% less ownership
Funds ownership: 48.21% → 47.39% (-0.82%)
5% less funds holding
Funds holding: 176 → 168 (-8)
18% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 33
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
26% less capital invested
Capital invested by funds: $1.74B → $1.28B (-$459M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$36.3M |
| 2 |
MCP
Moab Capital Partners
Southampton,
New York
|
+$26.2M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$15.2M |
| 4 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$15.1M |
| 5 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$42.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$25.5M |
| 3 |
SM
Senvest Management
New York
|
-$20.9M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$16.5M |
| 5 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$15.7M |
TSEM Hedge Fund Activity: Q1 2018 in Review
168 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Tower Semiconductor (TSEM) for Q1 2018, worth a combined $1.28B — down 26% from $1.74B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of TSEM and 27 opened new positions — a net loss of 6 holders — while 61 trimmed existing stakes and 66 added.
The largest buyer was Neuberger Berman Group, adding an estimated $36.3M. The largest seller was Norges Bank, cutting an estimated $42.9M.
- 168 institutional investors held Tower Semiconductor (TSEM) as of Q1 2018, down from 176 in Q4 2017.
- Funds reported $1.28B of Tower Semiconductor stock for Q1 2018, down 26% quarter-over-quarter.
- 27 funds opened new Tower Semiconductor positions in Q1 2018 and 33 closed out, a net change of -6 holders.
- The largest Tower Semiconductor buyer in Q1 2018 was Neuberger Berman Group, an estimated $36.3M added.
- The largest Tower Semiconductor seller in Q1 2018 was Norges Bank, an estimated $42.9M sold.
Based on aggregated 13F filings for Q1 2018.