Eastman Chemical
711 hedge funds and large institutions have $9.14B invested in Eastman Chemical in 2023 Q4 according to their latest regulatory filings, with 110 funds opening new positions, 208 increasing their positions, 272 reducing their positions, and 67 closing their positions.
220% more call options, than puts
Call options by funds: $35.8M | Put options by funds: $11.2M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
64% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 67
21% more capital invested
Capital invested by funds: $7.53B → $9.14B (+$1.62B)
5% more funds holding
Funds holding: 676 → 711 (+35)
3.12% more ownership
Funds ownership: 82.71% → 85.83% (+3.1%)
24% less repeat investments, than reductions
Existing positions increased: 208 | Existing positions reduced: 272
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$268M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$104M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$48M |
| 4 |
Millennium Management
New York
|
+$47.9M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$19.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$60.1M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$32.3M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$25.5M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$21.6M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$17.7M |
EMN Hedge Fund Activity: Q4 2023 in Review
711 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q4 2023, worth a combined $9.14B — up 21% from $7.53B a quarter earlier.
Buyers outnumbered sellers: 110 funds opened new EMN positions and 67 closed out — a net gain of 43 holders — while 208 added to existing stakes and 272 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $268M. The largest seller was JP Morgan Chase, cutting an estimated $60.1M.
- 711 institutional investors held Eastman Chemical (EMN) as of Q4 2023, up from 676 in Q3 2023.
- Funds reported $9.14B of Eastman Chemical stock for Q4 2023, up 21% quarter-over-quarter.
- 110 funds opened new Eastman Chemical positions in Q4 2023 and 67 closed out, a net change of +43 holders.
- The largest Eastman Chemical buyer in Q4 2023 was Morgan Stanley, an estimated $268M added.
- The largest Eastman Chemical seller in Q4 2023 was JP Morgan Chase, an estimated $60.1M sold.
Based on aggregated 13F filings for Q4 2023.