Eastman Chemical
EMN
700 hedge funds and large institutions have $11.6B invested in Eastman Chemical in 2020 Q4 according to their latest regulatory filings, with 132 funds opening new positions, 207 increasing their positions, 251 reducing their positions, and 50 closing their positions.
164% more first-time investments, than exits
New positions opened: 132 | Existing positions closed: 50
29% more capital invested
Capital invested by funds: $8.94B → $11.6B (+$2.63B)
11% more funds holding
Funds holding: 630 → 700 (+70)
8% more call options, than puts
Call options by funds: $31.5M | Put options by funds: $29.3M
0.43% more ownership
Funds ownership: 84.72% → 85.15% (+0.43%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
18% less repeat investments, than reductions
Existing positions increased: 207 | Existing positions reduced: 251
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$281M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
+$179M |
| 3 |
JP Morgan Chase
New York
|
+$58.4M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$24.5M |
| 5 |
National Pension Service
Jeonju-Si, Jeollabuk-Do,
South Korea
|
+$21.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$102M |
| 2 |
Bank of New York Mellon
New York
|
-$57.1M |
| 3 |
PC
PointState Capital
New York
|
-$51.8M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$50.2M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$40.8M |
EMN Hedge Fund Activity: Q4 2020 in Review
700 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q4 2020, worth a combined $11.6B — up 29% from $8.94B a quarter earlier.
Buyers outnumbered sellers: 132 funds opened new EMN positions and 50 closed out — a net gain of 82 holders — while 207 added to existing stakes and 251 trimmed.
The largest buyer was Capital World Investors, adding an estimated $281M. The largest seller was LSV Asset Management, cutting an estimated $102M.
- 700 institutional investors held Eastman Chemical (EMN) as of Q4 2020, up from 630 in Q3 2020.
- Funds reported $11.6B of Eastman Chemical stock for Q4 2020, up 29% quarter-over-quarter.
- 132 funds opened new Eastman Chemical positions in Q4 2020 and 50 closed out, a net change of +82 holders.
- The largest Eastman Chemical buyer in Q4 2020 was Capital World Investors, an estimated $281M added.
- The largest Eastman Chemical seller in Q4 2020 was LSV Asset Management, an estimated $102M sold.
Based on aggregated 13F filings for Q4 2020.