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Tower Semiconductor

135 hedge funds and large institutions have $1.42B invested in Tower Semiconductor in 2019 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 54 increasing their positions, 38 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

52% more call options, than puts

Call options by funds: $90.3M | Put options by funds: $59.5M

50% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 20

42% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 38

40% more capital invested

Capital invested by funds: $1.02B → $1.42B (+$406M)

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

8% more funds holding

Funds holding: 125135 (+10)

5.8% more ownership

Funds ownership: 49.85%55.65% (+5.8%)

Holders
135
Holders Change
+10
Holders Change %
+8%
% of All Funds
2.66%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.16%
New
30
Increased
54
Reduced
38
Closed
20
Calls
$90.3M
Puts
$59.5M
Net Calls
+$30.8M
Net Calls Change
+$14.1M
Name Holding Trade Value Shares
Change
Change in
Stake
SM
1
Senvest Management
New York
$202M -$312K -13,900 -0.2%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$193M +$3.76M +167,627 +2%
Macquarie Group
3
Macquarie Group
Australia
$69.5M +$6.55M +291,500 +11%
PF
4
Phoenix Financial
Israel
$67.7M -$10.3M -460,699 -14%
Vanguard Group
5
Vanguard Group
Pennsylvania
$66.9M +$1.14M +50,861 +2%
D.E. Shaw & Co
6
D.E. Shaw & Co
New York
$58.2M -$10.7M -474,622 -16%
IAM
7
Ion Asset Management
Israel
$55.6M +$17M +755,579 +49%
Renaissance Technologies
8
Renaissance Technologies
New York
$46.3M +$2.19M +97,300 +5%
SHCM
9
Shelter Haven Capital Management
New Jersey
$39M +$36.4M +1,622,952 New
PCM
10
Parsifal Capital Management
Connecticut
$36.7M +$34.2M +1,524,875 New
MIFH
11
Migdal Insurance & Financial Holdings
Israel
$35.6M +$7.41M +330,000 +29%
Jennison Associates
12
Jennison Associates
New York
$32.8M +$21.8M +970,075 +247%
WA
13
Wasatch Advisors
Utah
$32.7M +$4.88M +217,447 +19%
Norges Bank
14
Norges Bank
Norway
$31.7M -$5.83M -259,668 -16%
ClearBridge Investments
15
ClearBridge Investments
New York
$28.2M +$1.62M +72,350 +7%
II
16
Ibex Investors
Colorado
$24.6M +$485K +21,580 +2%
MTWSIF
17
Mivtachim The Workers Social Insurance Fund
Israel
$23M +$5.91M +263,300 +38%
HIIFS
18
Harel Insurance Investments & Financial Services
Israel
$21.7M -$3.72M -165,721 -15%
VNIM
19
Vaughan Nelson Investment Management
Texas
$21M +$19.6M +873,975 New
N
20
Nuveen
North Carolina
$19.8M +$2.14M +95,179 +13%
Acadian Asset Management
21
Acadian Asset Management
Massachusetts
$16.9M +$1.67M +74,355 +12%
Bank of America
22
Bank of America
North Carolina
$16.6M -$2.12M -94,321 -12%
WPC
23
Waters Parkerson & Co
Louisiana
$16.4M -$79.7K -3,550 -0.5%
NPIC
24
Neumeier Poma Investment Counsel
California
$14.7M +$13.7M +612,050 New
MMH
25
Menora Mivtachim Holdings
Israel
$14.6M

TSEM Hedge Fund Activity: Q4 2019 in Review

135 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Tower Semiconductor (TSEM) for Q4 2019, worth a combined $1.42B — up 40% from $1.02B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new TSEM positions and 20 closed out — a net gain of 10 holders — while 54 added to existing stakes and 38 trimmed.

The largest buyer was Jennison Associates, adding an estimated $21.8M. The largest seller was Epoch Investment Partners, exiting entirely with an estimated $16.1M sold.

  • 135 institutional investors held Tower Semiconductor (TSEM) as of Q4 2019, up from 125 in Q3 2019.
  • Funds reported $1.42B of Tower Semiconductor stock for Q4 2019, up 40% quarter-over-quarter.
  • 30 funds opened new Tower Semiconductor positions in Q4 2019 and 20 closed out, a net change of +10 holders.
  • The largest Tower Semiconductor buyer in Q4 2019 was Jennison Associates, an estimated $21.8M added.
  • The largest Tower Semiconductor seller in Q4 2019 was Epoch Investment Partners, an estimated $16.1M sold.

Based on aggregated 13F filings for Q4 2019.