Eastman Chemical
EMN
605 hedge funds and large institutions have $9.8B invested in Eastman Chemical in 2017 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 223 increasing their positions, 202 reducing their positions, and 57 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
10% more repeat investments, than reductions
Existing positions increased: 223 | Existing positions reduced: 202
9% more capital invested
Capital invested by funds: $9.02B → $9.8B (+$780M)
6.71% more ownership
Funds ownership: 81.7% → 88.41% (+6.7%)
9% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 57
1% less funds holding
Funds holding: 609 → 605 (-4)
34% less call options, than puts
Call options by funds: $69.6M | Put options by funds: $106M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$878M |
| 2 |
Blackstone Inc
New York
|
+$698M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$65.7M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$45.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$43.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$164M |
| 2 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$133M |
| 3 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$45M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$38.6M |
| 5 |
Millennium Management
New York
|
-$36.8M |
EMN Hedge Fund Activity: Q1 2017 in Review
605 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q1 2017, worth a combined $9.8B — up 8.6% from $9.02B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new EMN positions and 57 closed out — a net gain of 5 holders — while 223 added to existing stakes and 202 trimmed.
The largest buyer was BlackRock, adding an estimated $878M. The largest seller was JP Morgan Chase, cutting an estimated $164M.
- 605 institutional investors held Eastman Chemical (EMN) as of Q1 2017, down from 609 in Q4 2016.
- Funds reported $9.8B of Eastman Chemical stock for Q1 2017, up 8.6% quarter-over-quarter.
- 62 funds opened new Eastman Chemical positions in Q1 2017 and 57 closed out, a net change of +5 holders.
- The largest Eastman Chemical buyer in Q1 2017 was BlackRock, an estimated $878M added.
- The largest Eastman Chemical seller in Q1 2017 was JP Morgan Chase, an estimated $164M sold.
Based on aggregated 13F filings for Q1 2017.