Eastman Chemical
EMN
618 hedge funds and large institutions have $10.1B invested in Eastman Chemical in 2017 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 231 increasing their positions, 204 reducing their positions, and 48 closing their positions.
109% more call options, than puts
Call options by funds: $123M | Put options by funds: $58.8M
33% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 48
13% more repeat investments, than reductions
Existing positions increased: 231 | Existing positions reduced: 204
2% more funds holding
Funds holding: 605 → 618 (+13)
3% more capital invested
Capital invested by funds: $9.8B → $10.1B (+$295M)
5.93% less ownership
Funds ownership: 88.41% → 82.48% (-5.9%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$57.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$50.9M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$42.8M |
| 4 |
Goldman Sachs
New York
|
+$42.2M |
| 5 |
O
OppenheimerFunds
New York
|
+$31.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$102M |
| 2 |
JP Morgan Chase
New York
|
-$67.7M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$46.7M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$43.7M |
| 5 |
Millennium Management
New York
|
-$39.7M |
EMN Hedge Fund Activity: Q2 2017 in Review
618 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q2 2017, worth a combined $10.1B — up 3% from $9.8B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new EMN positions and 48 closed out — a net gain of 16 holders — while 231 added to existing stakes and 204 trimmed.
The largest buyer was BlackRock, adding an estimated $57.8M. The largest seller was Blackstone Inc, exiting entirely with an estimated $102M sold.
- 618 institutional investors held Eastman Chemical (EMN) as of Q2 2017, up from 605 in Q1 2017.
- Funds reported $10.1B of Eastman Chemical stock for Q2 2017, up 3% quarter-over-quarter.
- 64 funds opened new Eastman Chemical positions in Q2 2017 and 48 closed out, a net change of +16 holders.
- The largest Eastman Chemical buyer in Q2 2017 was BlackRock, an estimated $57.8M added.
- The largest Eastman Chemical seller in Q2 2017 was Blackstone Inc, an estimated $102M sold.
Based on aggregated 13F filings for Q2 2017.