Eastman Chemical
EMN
688 hedge funds and large institutions have $8.38B invested in Eastman Chemical in 2018 Q4 according to their latest regulatory filings, with 103 funds opening new positions, 188 increasing their positions, 285 reducing their positions, and 107 closing their positions.
4% less first-time investments, than exits
New positions opened: 103 | Existing positions closed: 107
1% less funds holding
Funds holding: 697 → 688 (-9)
1.45% less ownership
Funds ownership: 83.77% → 82.31% (-1.5%)
26% less capital invested
Capital invested by funds: $11.3B → $8.38B (-$2.91B)
26% less call options, than puts
Call options by funds: $35.9M | Put options by funds: $48.8M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
34% less repeat investments, than reductions
Existing positions increased: 188 | Existing positions reduced: 285
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$83.2M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$52.8M |
| 3 |
BA
Bridgewater Associates
Westport,
Connecticut
|
+$49.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$43.1M |
| 5 |
Two Sigma Investments
New York
|
+$35.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$65.4M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$63.5M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$52.2M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$45M |
| 5 |
Morgan Stanley
New York
|
-$36.2M |
EMN Hedge Fund Activity: Q4 2018 in Review
688 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q4 2018, worth a combined $8.38B — down 26% from $11.3B a quarter earlier.
Sellers outnumbered buyers: 107 funds closed out of EMN and 103 opened new positions — a net loss of 4 holders — while 285 trimmed existing stakes and 188 added.
The largest buyer was Victory Capital Management, adding an estimated $83.2M. The largest seller was Allianz Asset Management, cutting an estimated $65.4M.
- 688 institutional investors held Eastman Chemical (EMN) as of Q4 2018, down from 697 in Q3 2018.
- Funds reported $8.38B of Eastman Chemical stock for Q4 2018, down 26% quarter-over-quarter.
- 103 funds opened new Eastman Chemical positions in Q4 2018 and 107 closed out, a net change of -4 holders.
- The largest Eastman Chemical buyer in Q4 2018 was Victory Capital Management, an estimated $83.2M added.
- The largest Eastman Chemical seller in Q4 2018 was Allianz Asset Management, an estimated $65.4M sold.
Based on aggregated 13F filings for Q4 2018.