TOWER SEMICONDUCTOR LTD TSEM
SHS NEW · Common Stock · CUSIP M87915274
- SectorTechnology
- IndustrySemiconductors & Related Devices
- HeadquartersMigdal HaEmek, Israel
- Founded1993
- Websitetowerjazz.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($569.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $39.31. Options: 8 managers hold calls ($83.9m notional), 14 hold puts ($129.5m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 205 |
| Q4 2022 | 223 |
| Q1 2023 | 213 |
| Q2 2023 | 221 |
| Q3 2023 | 200 |
| Q4 2023 | 185 |
| Q1 2024 | 190 |
| Q2 2024 | 191 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 118 | 90 |
| Q1 2023 | 114 | 91 |
| Q2 2023 | 107 | 106 |
| Q3 2023 | 115 | 109 |
| Q4 2023 | 90 | 124 |
| Q1 2024 | 103 | 86 |
| Q2 2024 | 83 | 94 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $70.2m | $73.4m | 1.05 |
| Q4 2023 | $81.2m | $92.2m | 1.13 |
| Q1 2024 | $110.4m | $118.5m | 1.07 |
| Q2 2024 | $83.9m | $129.5m | 1.54 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +1.9m |
| Y.D. More Investments Ltd | Added | +902.5k |
| Phoenix Financial Ltd. | Added | +687.7k |
| Point72 Asset Management, L.P. | Added | +642.1k |
| MEITAV INVESTMENT HOUSE LTD | Added | +495.4k |
| Migdal Insurance & Financial Holdings Ltd. | Added | +479.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +352.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +168.8k |
| Hodges Capital Management Inc. | Added | +164.6k |
| JANUS HENDERSON GROUP PLC | Added | +160.7k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -1.2m |
| CITIGROUP INC | Reduced | -747.3k |
| MORGAN STANLEY | Reduced | -732.3k |
| DEUTSCHE BANK AG\ | Reduced | -668.1k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -360.7k |
| AMERIPRISE FINANCIAL INC | Reduced | -268.0k |
| STANSBERRY ASSET MANAGEMENT, LLC | Sold out | -258.7k |
| STATE OF WISCONSIN INVESTMENT BOARD | Reduced | -242.8k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -222.2k |
| JANE STREET GROUP, LLC | Reduced | -183.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $36.2m922.0k shares |
| CITADEL ADVISORS LLC | Reduced | $20.2m514.4k shares |
| Walleye Trading LLC | Added | $15.7m398.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $8.4m214.9k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $1.5m37.4k shares |
| PEAK6 Investments LLC | Reduced | $1.2m30.9k shares |
| Schonfeld Strategic Advisors LLC | Reduced | $432.4k11.0k shares |
| Walleye Capital LLC | New | $235.9k6.0k shares |
Biggest puts
| JANE STREET GROUP, LLC | Reduced | $28.6m727.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $28.2m717.4k shares |
| CITADEL ADVISORS LLC | Added | $24.8m631.3k shares |
| GROUP ONE TRADING LLC | Added | $19.9m505.4k shares |
| WOLVERINE TRADING, LLC | Reduced | $7.4m189.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $5.9m149.8k shares |
| IMC-Chicago, LLC | Added | $5.4m137.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $3.2m82.1k shares |
| PEAK6 Investments LLC | Added | $1.9m48.8k shares |
| Walleye Trading LLC | Reduced | $1.7m42.5k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution new · filed 2026-10-27 | 6.8% |
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution new · filed 2026-05-15 | 6.6% |
| MENORA MIVTACHIM HOLDINGS LTD. 13G · passive investor -1.5 pts · filed 2026-02-10 | 6.2% |
| Migdal Insurance & Financial Holdings Ltd. 13G · passive investor -0.5 pts · filed 2026-07-23 | 6.0% |
| Harel Insurance Investments & Financial Services Ltd. 13G · passive investor +0.2 pts · filed 2026-06-15 | 5.1% |
| Phoenix Financial Ltd. 13G · passive investor new · filed 2026-06-09 | 5.0% |
Fell to 5% or below in the last year: Senvest Management, LLC (3.6%, 2026-02-12), Point72 Asset Management, L.P. (2.6%, 2025-11-14)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| Senvest Management, LLC 12.36% of their portfolio | 8.2m $321.6m | Added +148.4k |
| Clal Insurance Enterprises Holdings Ltd 2.31% of their portfolio | 5.6m $221.2m | Unchanged |
| VANGUARD GROUP INC 0.00% of their portfolio | 3.9m $151.9m | Added +74.4k |
| Harel Insurance Investments & Financial Services Ltd. 2.79% of their portfolio | 3.8m $147.9m | Added +123.2k |
| Phoenix Financial Ltd. 2.07% of their portfolio | 3.5m $135.7m | Added +687.7k |
| Migdal Insurance & Financial Holdings Ltd. 2.13% of their portfolio | 3.2m $127.7m | Added +479.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.11% of their portfolio | 2.9m $113.2m | Reduced -360.7k |
| JENNISON ASSOCIATES LLC 0.07% of their portfolio | 2.8m $108.1m | Added +100.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 2.6m $103.2m | Added +1.9m |
| MEITAV INVESTMENT HOUSE LTD 1.70% of their portfolio | 2.4m $95.7m | Added +495.4k |
| Shannon River Fund Management LLC 13.41% of their portfolio | 2.0m $78.0m | Added +150.0k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.26% of their portfolio | 2.0m $77.0m | Added +20.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio | 1.3m $51.1m | Added +168.8k |
| MENORA MIVTACHIM HOLDINGS LTD. 0.31% of their portfolio | 1.2m $45.4m | Added +121.9k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.11% of their portfolio | 1.0m $40.9m | Reduced -2.7k |
| Point72 Asset Management, L.P. 0.13% of their portfolio | 1.0m $40.2m | Added +642.1k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 949.8k $37.3m | Added +160.7k |
| Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) 4.31% of their portfolio | 931.3k $36.6m | Unchanged |
| Y.D. More Investments Ltd 3.67% of their portfolio | 911.9k $36.0m | Added +902.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 842.8k $32.9m | Added +352.8k |
| MANGROVE PARTNERS IM, LLC 2.56% of their portfolio | 813.0k $32.0m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 812.2k $31.9m | Reduced -1.2m |
| VOYA INVESTMENT MANAGEMENT LLC 0.03% of their portfolio | 807.1k $31.7m | Reduced -83.7k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.81% of their portfolio | 675.7k $26.6m | Reduced -15.3k |
| Analog Century Management LP 2.40% of their portfolio | 616.0k $24.2m | Reduced -40.7k |
| Granite Investment Partners, LLC 0.92% of their portfolio | 566.6k $22.3m | Reduced -70.3k |
| Boston Partners 0.02% of their portfolio | 480.3k $18.9m | Added +151.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 458.0k $18.0m | Reduced -125.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 446.2k $17.5m | Added +61.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 429.0k $16.9m | Reduced -268.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 425.8k $16.7m | Reduced -175.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 368.9k $14.5m | Reduced -62.0k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 366.9k $14.4m | Added +47.7k |
| Legal & General Group Plc 0.00% of their portfolio | 348.2k $13.7m | Added +15.7k |
| BlackRock Inc. 0.00% of their portfolio | 343.1k $13.5m | Reduced -88.6k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 323.1k $12.7m | Reduced -242.8k |
| Hodges Capital Management Inc. 0.82% of their portfolio | 306.3k $12.0m | Added +164.6k |
| WATERS PARKERSON & CO., LLC 0.58% of their portfolio | 275.5k $10.8m | Reduced -1.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 265.1k $10.4m | Reduced -34.8k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 257.4k $10.1m | Reduced -81.6k |
| Artemis Investment Management LLP 0.12% of their portfolio | 229.1k $9.0m | Added +9.6k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.04% of their portfolio | 224.4k $8.8m | Added +82.3k |
| Swiss National Bank 0.01% of their portfolio | 219.7k $8.5m | Reduced -429 |
| ACADIAN ASSET MANAGEMENT LLC 0.03% of their portfolio | 213.9k $8.4m | Added +90.5k |
| HERALD INVESTMENT MANAGEMENT Ltd 1.28% of their portfolio | 198.0k $7.8m | Unchanged |
| ExodusPoint Capital Management, LP 0.08% of their portfolio | 197.3k $7.8m | Reduced -125.7k |
| MORGAN STANLEY 0.00% of their portfolio | 191.9k $7.5m | Reduced -732.3k |
| GROUP ONE TRADING LLC 0.23% of their portfolio | 182.5k $7.2m | Reduced -121.3k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 178.3k $7.0m | Reduced -183.2k |
| ESSEX INVESTMENT MANAGEMENT CO LLC 1.23% of their portfolio | 167.0k $6.6m | Added +2.0k |
| STATE STREET CORP 0.00% of their portfolio | 157.6k $6.2m | Added +26.2k |
| SPHERA FUNDS MANAGEMENT LTD. 0.96% of their portfolio | 149.6k $5.9m | Reduced -30.0k |
| NORGES BANK 0.00% of their portfolio | 139.5k $5.4m | Reduced -63.4k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 132.1k $5.2m | Reduced -80.7k |
| WOLVERINE TRADING, LLC 0.08% of their portfolio | 123.0k $4.8m | Reduced -53.6k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 121.7k $4.7m | Unchanged |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 0.22% of their portfolio | 120.0k $4.7m | New |
| CITIGROUP INC 0.00% of their portfolio | 112.4k $4.3m | Reduced -747.3k |
| Penserra Capital Management LLC 0.05% of their portfolio | 108.6k $4.3m | Reduced -1.3k |
| Taylor Frigon Capital Management LLC 1.86% of their portfolio | 99.6k $3.9m | Reduced -348 |
| Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 0.35% of their portfolio | 98.5k $3.9m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 96.5k $3.8m | New |
| SIMPLEX TRADING, LLC 0.12% of their portfolio | 96.1k $3.8m | Added +33.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 93.0k $3.7m | Added +7.3k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 88.5k $3.4m | Unchanged |
| RENAISSANCE GROUP LLC 0.13% of their portfolio | 86.4k $3.4m | Added +1.2k |
| State of Wyoming 0.52% of their portfolio | 80.6k $3.2m | Added +16.2k |
| Atom Investors LP 0.31% of their portfolio | 78.1k $3.1m | Added +42.8k |
| Schonfeld Strategic Advisors LLC 0.02% of their portfolio | 76.6k $3.0m | Added +39.0k |
| 272 Capital LP 1.44% of their portfolio | 73.2k $2.9m | Reduced -56.2k |
| CAMBIAR INVESTORS LLC 0.11% of their portfolio | 72.0k $2.8m | Unchanged |
| ARK Investment Management LLC 0.02% of their portfolio | 69.5k $2.7m | Reduced -3.9k |
| Tidal Investments LLC 0.04% of their portfolio | 68.5k $2.7m | Reduced -13.9k |
| Integrated Wealth Concepts LLC 0.04% of their portfolio | 68.0k $2.7m | New |
| Eisler Capital (US) LLC 0.50% of their portfolio | 66.9k $2.6m | New |
| EAGLE GLOBAL ADVISORS LLC 0.14% of their portfolio | 66.2k $2.6m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 61.3k $2.4m | Reduced -17.3k |
| Invesco Ltd. 0.00% of their portfolio | 59.0k $2.3m | Added +1.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 49.8k $2.0m | Unchanged |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 49.2k $1.9m | Reduced -247 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 48.1k $1.9m | Reduced -85 |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 47.0k $1.8m | Reduced -8.0k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.05% of their portfolio | 44.0k $1.7m | Reduced -23.0k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 40.3k $1.6m | New |
| MAVERICK CAPITAL LTD 0.03% of their portfolio | 39.0k $1.5m | Added +28.0k |
| LPL Financial LLC 0.00% of their portfolio | 36.6k $1.4m | Added +1.2k |
| Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 0.37% of their portfolio | 34.5k $1.4m | Unchanged |
| Orion Porfolio Solutions, LLC 0.01% of their portfolio | 34.3k $1.3m | Reduced -4.6k |
| Orion Portfolio Solutions, LLC 0.01% of their portfolio | 34.3k $1.3m | Reduced -4.6k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.01% of their portfolio | 33.6k $1.3m | Reduced -240 |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 33.2k $1.3m | Reduced -2.2k |
| TECTONIC ADVISORS LLC 0.09% of their portfolio | 32.9k $1.3m | Added +3.9k |
| Walleye Capital LLC 0.01% of their portfolio | 31.1k $1.2m | Reduced -131.4k |
| FOX RUN MANAGEMENT, L.L.C. 0.22% of their portfolio | 29.8k $1.2m | New |
| SEI INVESTMENTS CO 0.00% of their portfolio | 29.2k $1.1m | New |
| Susquehanna International Group Ltd. 0.28% of their portfolio | 28.6k $1.1m | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 26.3k $1.0m | Unchanged |
| Oliver Luxxe Assets LLC 0.20% of their portfolio | 23.5k $922.6k | Added +7.5k |
| PEAK6 Investments LLC 0.04% of their portfolio | 23.4k $919.6k | Added +17.2k |
| CastleKnight Management LP 0.12% of their portfolio | 22.5k $884.5k | Reduced -9.9k |