Tower Semiconductor
TSEM
119 hedge funds and large institutions have $876M invested in Tower Semiconductor in 2019 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 50 increasing their positions, 35 reducing their positions, and 31 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 35
16% more capital invested
Capital invested by funds: $756M → $876M (+$120M)
5% less call options, than puts
Call options by funds: $28.2M | Put options by funds: $29.8M
1.39% less ownership
Funds ownership: 51.8% → 50.41% (-1.4%)
13% less funds holding
Funds holding: 137 → 119 (-18)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
55% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$32M |
| 2 |
SM
Senvest Management
New York
|
+$25.8M |
| 3 |
D.E. Shaw & Co
New York
|
+$15.8M |
| 4 |
Renaissance Technologies
New York
|
+$14.2M |
| 5 |
EIP
Epoch Investment Partners
New York
|
+$8.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCP
Moab Capital Partners
Southampton,
New York
|
-$52.8M |
| 2 |
Neuberger Berman Group
New York
|
-$33.7M |
| 3 |
Morgan Stanley
New York
|
-$9.03M |
| 4 |
Group One Trading
Chicago,
Illinois
|
-$3.86M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.02M |
TSEM Hedge Fund Activity: Q1 2019 in Review
119 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Tower Semiconductor (TSEM) for Q1 2019, worth a combined $876M — up 16% from $756M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of TSEM and 14 opened new positions — a net loss of 17 holders — while 35 trimmed existing stakes and 50 added.
The largest buyer was Wellington Management Group, adding an estimated $32M. The largest seller was Moab Capital Partners, cutting an estimated $52.8M.
- 119 institutional investors held Tower Semiconductor (TSEM) as of Q1 2019, down from 137 in Q4 2018.
- Funds reported $876M of Tower Semiconductor stock for Q1 2019, up 16% quarter-over-quarter.
- 14 funds opened new Tower Semiconductor positions in Q1 2019 and 31 closed out, a net change of -17 holders.
- The largest Tower Semiconductor buyer in Q1 2019 was Wellington Management Group, an estimated $32M added.
- The largest Tower Semiconductor seller in Q1 2019 was Moab Capital Partners, an estimated $52.8M sold.
Based on aggregated 13F filings for Q1 2019.