Eastman Chemical
EMN
570 hedge funds and large institutions have $9.25B invested in Eastman Chemical in 2014 Q4 according to their latest regulatory filings, with 92 funds opening new positions, 184 increasing their positions, 211 reducing their positions, and 47 closing their positions.
96% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 47
55% more call options, than puts
Call options by funds: $146M | Put options by funds: $94.2M
7% more funds holding
Funds holding: 533 → 570 (+37)
1.51% more ownership
Funds ownership: 80.82% → 82.33% (+1.5%)
7% less capital invested
Capital invested by funds: $9.91B → $9.25B (-$658M)
13% less repeat investments, than reductions
Existing positions increased: 184 | Existing positions reduced: 211
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$114M |
| 2 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$73.1M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$69.5M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$60.9M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$32.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$71.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$69.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$60.7M |
| 4 |
AC
Ascend Capital
Orinda,
California
|
-$49.8M |
| 5 |
State Street
Boston,
Massachusetts
|
-$45.2M |
EMN Hedge Fund Activity: Q4 2014 in Review
570 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q4 2014, worth a combined $9.25B — down 6.6% from $9.91B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new EMN positions and 47 closed out — a net gain of 45 holders — while 184 added to existing stakes and 211 trimmed.
The largest buyer was VOYA Investment Management, adding an estimated $114M. The largest seller was Bank of New York Mellon, cutting an estimated $71.5M.
- 570 institutional investors held Eastman Chemical (EMN) as of Q4 2014, up from 533 in Q3 2014.
- Funds reported $9.25B of Eastman Chemical stock for Q4 2014, down 6.6% quarter-over-quarter.
- 92 funds opened new Eastman Chemical positions in Q4 2014 and 47 closed out, a net change of +45 holders.
- The largest Eastman Chemical buyer in Q4 2014 was VOYA Investment Management, an estimated $114M added.
- The largest Eastman Chemical seller in Q4 2014 was Bank of New York Mellon, an estimated $71.5M sold.
Based on aggregated 13F filings for Q4 2014.