Eastman Chemical
EMN
747 hedge funds and large institutions have $10.1B invested in Eastman Chemical in 2024 Q1 according to their latest regulatory filings, with 99 funds opening new positions, 252 increasing their positions, 266 reducing their positions, and 56 closing their positions.
389% more call options, than puts
Call options by funds: $205M | Put options by funds: $42M
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
77% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 56
10% more capital invested
Capital invested by funds: $9.14B → $10.1B (+$938M)
5% more funds holding
Funds holding: 711 → 747 (+36)
0.29% less ownership
Funds ownership: 85.83% → 85.54% (-0.29%)
5% less repeat investments, than reductions
Existing positions increased: 252 | Existing positions reduced: 266
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$393M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$344M |
| 3 |
SCA
Southpoint Capital Advisors
New York
|
+$70.4M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$48.6M |
| 5 |
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
|
+$47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$305M |
| 2 |
JP Morgan Chase
New York
|
-$279M |
| 3 |
Millennium Management
New York
|
-$43.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$38.4M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$30.2M |
EMN Hedge Fund Activity: Q1 2024 in Review
747 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q1 2024, worth a combined $10.1B — up 10% from $9.14B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new EMN positions and 56 closed out — a net gain of 43 holders — while 252 added to existing stakes and 266 trimmed.
The largest buyer was Franklin Resources, adding an estimated $393M. The largest seller was Morgan Stanley, cutting an estimated $305M.
- 747 institutional investors held Eastman Chemical (EMN) as of Q1 2024, up from 711 in Q4 2023.
- Funds reported $10.1B of Eastman Chemical stock for Q1 2024, up 10% quarter-over-quarter.
- 99 funds opened new Eastman Chemical positions in Q1 2024 and 56 closed out, a net change of +43 holders.
- The largest Eastman Chemical buyer in Q1 2024 was Franklin Resources, an estimated $393M added.
- The largest Eastman Chemical seller in Q1 2024 was Morgan Stanley, an estimated $305M sold.
Based on aggregated 13F filings for Q1 2024.