Eastman Chemical
726 hedge funds and large institutions have $11.9B invested in Eastman Chemical in 2018 Q2 according to their latest regulatory filings, with 79 funds opening new positions, 254 increasing their positions, 244 reducing their positions, and 48 closing their positions.
65% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 48
42% more call options, than puts
Call options by funds: $91.8M | Put options by funds: $64.6M
3% more funds holding
Funds holding: 703 → 726 (+23)
4% more repeat investments, than reductions
Existing positions increased: 254 | Existing positions reduced: 244
1.28% less ownership
Funds ownership: 85.42% → 84.14% (-1.3%)
7% less capital invested
Capital invested by funds: $12.8B → $11.9B (-$923M)
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$90.1M |
| 2 |
Morgan Stanley
New York
|
+$78.7M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$40.5M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$38M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$32.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
-$83.7M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$68.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$67.3M |
| 4 |
BlackRock
New York
|
-$64.6M |
| 5 |
AIM
Atlantic Investment Management
New York
|
-$39.8M |
EMN Hedge Fund Activity: Q2 2018 in Review
726 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q2 2018, worth a combined $11.9B — down 7.2% from $12.8B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new EMN positions and 48 closed out — a net gain of 31 holders — while 254 added to existing stakes and 244 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $90.1M. The largest seller was Two Sigma Advisers, cutting an estimated $83.7M.
- 726 institutional investors held Eastman Chemical (EMN) as of Q2 2018, up from 703 in Q1 2018.
- Funds reported $11.9B of Eastman Chemical stock for Q2 2018, down 7.2% quarter-over-quarter.
- 79 funds opened new Eastman Chemical positions in Q2 2018 and 48 closed out, a net change of +31 holders.
- The largest Eastman Chemical buyer in Q2 2018 was AQR Capital Management, an estimated $90.1M added.
- The largest Eastman Chemical seller in Q2 2018 was Two Sigma Advisers, an estimated $83.7M sold.
Based on aggregated 13F filings for Q2 2018.