Eastman Chemical
543 hedge funds and large institutions have $10.5B invested in Eastman Chemical in 2014 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 173 increasing their positions, 218 reducing their positions, and 45 closing their positions.
98% more call options, than puts
Call options by funds: $118M | Put options by funds: $59.7M
44% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 45
2% more funds holding
Funds holding: 533 → 543 (+10)
4% more capital invested
Capital invested by funds: $10.2B → $10.5B (+$362M)
0.89% less ownership
Funds ownership: 81.89% → 81% (-0.89%)
21% less repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 218
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$135M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$84.6M |
| 3 |
Jennison Associates
New York
|
+$72.1M |
| 4 |
CM
Corvex Management
New York
|
+$65.5M |
| 5 |
AM
Appaloosa Management
Miami Beach,
Florida
|
+$45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Axa
Paris,
France
|
-$72.9M |
| 2 |
Lazard Asset Management
New York
|
-$63.8M |
| 3 |
Goldman Sachs
New York
|
-$58.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$54.1M |
| 5 |
HCM
Highbridge Capital Management
New York
|
-$52.4M |
EMN Hedge Fund Activity: Q1 2014 in Review
543 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q1 2014, worth a combined $10.5B — up 3.6% from $10.2B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new EMN positions and 45 closed out — a net gain of 20 holders — while 173 added to existing stakes and 218 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $135M. The largest seller was Axa, cutting an estimated $72.9M.
- 543 institutional investors held Eastman Chemical (EMN) as of Q1 2014, up from 533 in Q4 2013.
- Funds reported $10.5B of Eastman Chemical stock for Q1 2014, up 3.6% quarter-over-quarter.
- 65 funds opened new Eastman Chemical positions in Q1 2014 and 45 closed out, a net change of +20 holders.
- The largest Eastman Chemical buyer in Q1 2014 was Bank of New York Mellon, an estimated $135M added.
- The largest Eastman Chemical seller in Q1 2014 was Axa, an estimated $72.9M sold.
Based on aggregated 13F filings for Q1 2014.