Eastman Chemical
557 hedge funds and large institutions have $8.26B invested in Eastman Chemical in 2015 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 185 increasing their positions, 216 reducing their positions, and 61 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
32% more call options, than puts
Call options by funds: $104M | Put options by funds: $78.7M
5% more capital invested
Capital invested by funds: $7.84B → $8.26B (+$417M)
0.15% less ownership
Funds ownership: 82.98% → 82.83% (-0.15%)
10% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 61
2% less funds holding
Funds holding: 567 → 557 (-10)
14% less repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 216
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Atlantic Investment Management
New York
|
+$120M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$69.4M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$59.4M |
| 4 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$45.7M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$31.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$96.5M |
| 2 |
Bank of New York Mellon
New York
|
-$67.9M |
| 3 |
Lazard Asset Management
New York
|
-$60.5M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$55.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$50.3M |
EMN Hedge Fund Activity: Q4 2015 in Review
557 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q4 2015, worth a combined $8.26B — up 5.3% from $7.84B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of EMN and 55 opened new positions — a net loss of 6 holders — while 216 trimmed existing stakes and 185 added.
The largest buyer was Atlantic Investment Management, opening a new position worth an estimated $120M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $96.5M.
- 557 institutional investors held Eastman Chemical (EMN) as of Q4 2015, down from 567 in Q3 2015.
- Funds reported $8.26B of Eastman Chemical stock for Q4 2015, up 5.3% quarter-over-quarter.
- 55 funds opened new Eastman Chemical positions in Q4 2015 and 61 closed out, a net change of -6 holders.
- The largest Eastman Chemical buyer in Q4 2015 was Atlantic Investment Management, an estimated $120M added.
- The largest Eastman Chemical seller in Q4 2015 was Manulife (Manufacturers Life Insurance), an estimated $96.5M sold.
Based on aggregated 13F filings for Q4 2015.