Eastman Chemical
567 hedge funds and large institutions have $7.84B invested in Eastman Chemical in 2015 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 212 increasing their positions, 179 reducing their positions, and 59 closing their positions.
21% more call options, than puts
Call options by funds: $92.1M | Put options by funds: $76M
18% more repeat investments, than reductions
Existing positions increased: 212 | Existing positions reduced: 179
10% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 59
0% more funds holding
Funds holding: 565 → 567 (+2)
0.34% less ownership
Funds ownership: 83.32% → 82.98% (-0.34%)
22% less capital invested
Capital invested by funds: $10B → $7.84B (-$2.15B)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$122M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$56.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$45.7M |
| 4 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$42M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$34.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$176M |
| 2 |
State Street
Boston,
Massachusetts
|
-$54.9M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$48.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$39.7M |
| 5 |
Neuberger Berman Group
New York
|
-$36.5M |
EMN Hedge Fund Activity: Q3 2015 in Review
567 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q3 2015, worth a combined $7.84B — down 22% from $10B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new EMN positions and 59 closed out — a net gain of 6 holders — while 212 added to existing stakes and 179 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $122M. The largest seller was Lazard Asset Management, cutting an estimated $176M.
- 567 institutional investors held Eastman Chemical (EMN) as of Q3 2015, up from 565 in Q2 2015.
- Funds reported $7.84B of Eastman Chemical stock for Q3 2015, down 22% quarter-over-quarter.
- 65 funds opened new Eastman Chemical positions in Q3 2015 and 59 closed out, a net change of +6 holders.
- The largest Eastman Chemical buyer in Q3 2015 was JP Morgan Chase, an estimated $122M added.
- The largest Eastman Chemical seller in Q3 2015 was Lazard Asset Management, an estimated $176M sold.
Based on aggregated 13F filings for Q3 2015.