Eastman Chemical
561 hedge funds and large institutions have $10.9B invested in Eastman Chemical in 2014 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 203 increasing their positions, 188 reducing their positions, and 40 closing their positions.
58% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 40
30% more call options, than puts
Call options by funds: $121M | Put options by funds: $93M
3% more funds holding
Funds holding: 543 → 561 (+18)
1.37% more ownership
Funds ownership: 81% → 82.38% (+1.4%)
8% more repeat investments, than reductions
Existing positions increased: 203 | Existing positions reduced: 188
3% more capital invested
Capital invested by funds: $10.5B → $10.9B (+$360M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$280M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$120M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$84.8M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$84.7M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$71.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$90.4M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$85.2M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$84.6M |
| 4 |
FAM
Fred Alger Management
New York
|
-$79.9M |
| 5 |
Goldman Sachs
New York
|
-$77.3M |
EMN Hedge Fund Activity: Q2 2014 in Review
561 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q2 2014, worth a combined $10.9B — up 3.4% from $10.5B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new EMN positions and 40 closed out — a net gain of 23 holders — while 203 added to existing stakes and 188 trimmed.
The largest buyer was Norges Bank, adding an estimated $280M. The largest seller was Fidelity Investments, cutting an estimated $90.4M.
- 561 institutional investors held Eastman Chemical (EMN) as of Q2 2014, up from 543 in Q1 2014.
- Funds reported $10.9B of Eastman Chemical stock for Q2 2014, up 3.4% quarter-over-quarter.
- 63 funds opened new Eastman Chemical positions in Q2 2014 and 40 closed out, a net change of +23 holders.
- The largest Eastman Chemical buyer in Q2 2014 was Norges Bank, an estimated $280M added.
- The largest Eastman Chemical seller in Q2 2014 was Fidelity Investments, an estimated $90.4M sold.
Based on aggregated 13F filings for Q2 2014.