Eastman Chemical
533 hedge funds and large institutions have $9.91B invested in Eastman Chemical in 2014 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 219 increasing their positions, 179 reducing their positions, and 64 closing their positions.
62% more call options, than puts
Call options by funds: $145M | Put options by funds: $89.3M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
22% more repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 179
1.56% less ownership
Funds ownership: 82.38% → 80.82% (-1.6%)
5% less funds holding
Funds holding: 561 → 533 (-28)
9% less capital invested
Capital invested by funds: $10.9B → $9.91B (-$976M)
33% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$78.4M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$66.9M |
| 3 |
DL
Delta Lloyd
Amsterdam,
Netherlands
|
+$60.3M |
| 4 |
AC
Ascend Capital
Orinda,
California
|
+$51.3M |
| 5 |
Neuberger Berman Group
New York
|
+$49.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$317M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$180M |
| 3 |
Bank of New York Mellon
New York
|
-$79.8M |
| 4 |
Morgan Stanley
New York
|
-$77.5M |
| 5 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$72.3M |
EMN Hedge Fund Activity: Q3 2014 in Review
533 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q3 2014, worth a combined $9.91B — down 9% from $10.9B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of EMN and 43 opened new positions — a net loss of 21 holders — while 179 trimmed existing stakes and 219 added.
The largest buyer was Citadel Advisors, adding an estimated $78.4M. The largest seller was Norges Bank, cutting an estimated $317M.
- 533 institutional investors held Eastman Chemical (EMN) as of Q3 2014, down from 561 in Q2 2014.
- Funds reported $9.91B of Eastman Chemical stock for Q3 2014, down 9% quarter-over-quarter.
- 43 funds opened new Eastman Chemical positions in Q3 2014 and 64 closed out, a net change of -21 holders.
- The largest Eastman Chemical buyer in Q3 2014 was Citadel Advisors, an estimated $78.4M added.
- The largest Eastman Chemical seller in Q3 2014 was Norges Bank, an estimated $317M sold.
Based on aggregated 13F filings for Q3 2014.