Eastman Chemical
EMN
572 hedge funds and large institutions have $9.01B invested in Eastman Chemical in 2016 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 189 increasing their positions, 212 reducing their positions, and 47 closing their positions.
135% more call options, than puts
Call options by funds: $168M | Put options by funds: $71.3M
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
43% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 47
9% more capital invested
Capital invested by funds: $8.26B → $9.01B (+$755M)
4.4% more ownership
Funds ownership: 82.83% → 87.23% (+4.4%)
3% more funds holding
Funds holding: 557 → 572 (+15)
11% less repeat investments, than reductions
Existing positions increased: 189 | Existing positions reduced: 212
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$412M |
| 2 |
Royal London Asset Management
United Kingdom
|
+$172M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$29.8M |
| 4 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$27.6M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$26.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IIM
Ivory Investment Management
New York
|
-$93.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$44.2M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$35.2M |
| 4 |
Millennium Management
New York
|
-$22.6M |
| 5 |
OA
Omega Advisors
New York
|
-$18.7M |
EMN Hedge Fund Activity: Q1 2016 in Review
572 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q1 2016, worth a combined $9.01B — up 9.1% from $8.26B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new EMN positions and 47 closed out — a net gain of 20 holders — while 189 added to existing stakes and 212 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $412M. The largest seller was Ivory Investment Management, exiting entirely with an estimated $93.4M sold.
- 572 institutional investors held Eastman Chemical (EMN) as of Q1 2016, up from 557 in Q4 2015.
- Funds reported $9.01B of Eastman Chemical stock for Q1 2016, up 9.1% quarter-over-quarter.
- 67 funds opened new Eastman Chemical positions in Q1 2016 and 47 closed out, a net change of +20 holders.
- The largest Eastman Chemical buyer in Q1 2016 was JP Morgan Chase, an estimated $412M added.
- The largest Eastman Chemical seller in Q1 2016 was Ivory Investment Management, an estimated $93.4M sold.
Based on aggregated 13F filings for Q1 2016.