We are live on ! Find out more
TWGP

TOWER GROUP INTL LTD COM STK (BERMUDA)
TWGP

Delisted

TWGP was delisted on the 12th of September, 2014.

Back to rankings

120 hedge funds and large institutions have $137M invested in TOWER GROUP INTL LTD COM STK (BERMUDA) in 2013 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 34 increasing their positions, 53 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% less call options, than puts

Call options by funds: $1.65M | Put options by funds: $1.96M

22% less funds holding

Funds holding: 153 → 120 (-33)

36% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 53

60% less capital invested

Capital invested by funds: $345M → $137M (-$207M)

62% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 52

100% less funds holding in top 10

Funds holding in top 10: 2 → 0 (-2)

Holders
120
Holders Change
-33
Holders Change %
-21.57%
% of All Funds
3.48%
Holding in Top 10
–
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
–
New
20
Increased
34
Reduced
53
Closed
52
Calls
$1.65M
Puts
$1.96M
Net Calls
-$309K
Net Calls Change
+$1.12M

Top Buyers

Rank Fund Capital Flow
1
PCM
Proxima Capital Management
New York
+$4.96M
2
KA
Kerrisdale Advisers
Florida
+$3.77M
3
TC
TFS Capital
Pennsylvania
+$3.7M
4
RAM
Roumell Asset Management
Maryland
+$3.07M
5
NGA
New Generation Advisors
Massachusetts
+$3M

Top Sellers

Rank Fund Capital Flow
1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$8.43M
2
EBIM
Eagle Boston Investment Management
Massachusetts
-$6.75M
3
RRAM
River Road Asset Management
Kentucky
-$6.48M
4
AF
Aegis Financial
Virginia
-$6.37M
5
SPC
Silver Point Capital
Connecticut
-$4.61M
Name Holding Trade Value Shares
Change 		Change in
Stake
ERSOT
126
Employees Retirement System of Texas
Texas
– -$2.9M -414,911 Closed
AIM
127
ADAR Investment Management
New Jersey
– -$2.45M -350,000 Closed
TC
128
Talkot Capital
California
– -$2.43M -347,300 Closed
Two Sigma Investments
129
Two Sigma Investments
New York
– -$2.35M -335,663 Closed
CM
130
Capital Management
Virginia
– -$2.31M -330,243 Closed
TC
131
Towle & Co
Colorado
– -$1.83M -261,307 Closed
CC
132
Carlson Capital
Texas
– -$1.75M -250,000 Closed
EAM
133
Eagle Asset Management
Florida
– -$1.29M -186,642 Closed
ARTA
134
A.R.T. Advisors
New York
– -$1.09M -156,062 Closed
Arrowstreet Capital
135
Arrowstreet Capital
Massachusetts
– -$1.08M -153,681 Closed
HCM
136
Highbridge Capital Management
New York
– -$1.05M -150,744 Closed
VAM
137
Visium Asset Management
New York
– -$808K -115,383 Closed
Nordea Investment Management
138
Nordea Investment Management
Sweden
– -$467K -113,802 -100%
CCIA
139
Campbell & Co Investment Adviser
Maryland
– -$772K -110,319 Closed
RFC
140
Russell Frank Company
Washington
– -$720K -102,732 Closed
NCM
141
Nantahala Capital Management
Connecticut
– -$411K -100,100 Closed
MCM
142
Moore Capital Management
New York
– -$700K -100,000 Closed
GC
143
Guggenheim Capital
Illinois
– -$695K -99,216 Closed
HI
144
HBK Investments
Texas
– -$607K -86,700 Closed
EMG
145
Ellington Management Group
Connecticut
– -$584K -83,400 Closed
BCM
146
Bridgeway Capital Management
Texas
– -$566K -80,788 Closed
Millennium Management
147
Millennium Management
New York
– -$516K -73,697 Closed
SCA
148
SAC Capital Advisors
Connecticut
– -$462K -65,986 Closed
CCM
149
Corsair Capital Management
New York
– -$400K -57,085 Closed
PP
150
PDT Partners
New York
– -$390K -55,692 Closed
3 4 5
6
7

TWGP Hedge Fund Activity: Q4 2013 in Review

120 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in TOWER GROUP INTL LTD COM STK (BERMUDA) (TWGP) for Q4 2013, worth a combined $137M — down 60% from $345M a quarter earlier.

Sellers outnumbered buyers: 52 funds closed out of TWGP and 20 opened new positions — a net loss of 32 holders — while 53 trimmed existing stakes and 34 added.

The largest buyer was Proxima Capital Management, adding an estimated $4.96M. The largest seller was Royal Bank of Canada, cutting an estimated $8.43M.

  • 120 institutional investors held TOWER GROUP INTL LTD COM STK (BERMUDA) (TWGP) as of Q4 2013, down from 153 in Q3 2013.
  • Funds reported $137M of TOWER GROUP INTL LTD COM STK (BERMUDA) stock for Q4 2013, down 60% quarter-over-quarter.
  • 20 funds opened new TOWER GROUP INTL LTD COM STK (BERMUDA) positions in Q4 2013 and 52 closed out, a net change of -32 holders.
  • The largest TOWER GROUP INTL LTD COM STK (BERMUDA) buyer in Q4 2013 was Proxima Capital Management, an estimated $4.96M added.
  • The largest TOWER GROUP INTL LTD COM STK (BERMUDA) seller in Q4 2013 was Royal Bank of Canada, an estimated $8.43M sold.

Based on aggregated 13F filings for Q4 2013.