Tower Semiconductor
TSEM
137 hedge funds and large institutions have $756M invested in Tower Semiconductor in 2018 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 42 increasing their positions, 52 reducing their positions, and 30 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
3.13% more ownership
Funds ownership: 48.67% → 51.8% (+3.1%)
9% more call options, than puts
Call options by funds: $28.5M | Put options by funds: $26.1M
0% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 30
1% less funds holding
Funds holding: 138 → 137 (-1)
19% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 52
28% less capital invested
Capital invested by funds: $1.05B → $756M (-$296M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$78.5M |
| 2 |
D.E. Shaw & Co
New York
|
+$14.2M |
| 3 |
II
Ibex Investors
Denver,
Colorado
|
+$12.4M |
| 4 |
Morgan Stanley
New York
|
+$11.8M |
| 5 |
SM
Senvest Management
New York
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$26M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$20M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$13.1M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$11.9M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.5M |
TSEM Hedge Fund Activity: Q4 2018 in Review
137 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Tower Semiconductor (TSEM) for Q4 2018, worth a combined $756M — down 28% from $1.05B a quarter earlier.
Fund positioning in TSEM was balanced in Q4 2018: 30 funds opened new positions, 30 closed out, 42 added to existing stakes and 52 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $78.5M. The largest seller was Fidelity International, cutting an estimated $26M.
- 137 institutional investors held Tower Semiconductor (TSEM) as of Q4 2018, down from 138 in Q3 2018.
- Funds reported $756M of Tower Semiconductor stock for Q4 2018, down 28% quarter-over-quarter.
- 30 funds opened new Tower Semiconductor positions in Q4 2018 and 30 closed out, a net change of 0 holders.
- The largest Tower Semiconductor buyer in Q4 2018 was Wellington Management Group, an estimated $78.5M added.
- The largest Tower Semiconductor seller in Q4 2018 was Fidelity International, an estimated $26M sold.
Based on aggregated 13F filings for Q4 2018.