Eastman Chemical
565 hedge funds and large institutions have $10B invested in Eastman Chemical in 2015 Q2 according to their latest regulatory filings, with 78 funds opening new positions, 190 increasing their positions, 211 reducing their positions, and 68 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
75% more call options, than puts
Call options by funds: $190M | Put options by funds: $108M
19% more capital invested
Capital invested by funds: $8.37B → $10B (+$1.63B)
15% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 68
1.89% more ownership
Funds ownership: 81.43% → 83.32% (+1.9%)
1% more funds holding
Funds holding: 559 → 565 (+6)
10% less repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 211
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$98.7M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$84.9M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$69.5M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
+$53.4M |
| 5 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$52.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$66.9M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$62.4M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$58.6M |
| 4 |
Goldman Sachs
New York
|
-$52.1M |
| 5 |
Lazard Asset Management
New York
|
-$52.1M |
EMN Hedge Fund Activity: Q2 2015 in Review
565 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q2 2015, worth a combined $10B — up 19% from $8.37B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new EMN positions and 68 closed out — a net gain of 10 holders — while 190 added to existing stakes and 211 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $98.7M. The largest seller was JP Morgan Chase, cutting an estimated $66.9M.
- 565 institutional investors held Eastman Chemical (EMN) as of Q2 2015, up from 559 in Q1 2015.
- Funds reported $10B of Eastman Chemical stock for Q2 2015, up 19% quarter-over-quarter.
- 78 funds opened new Eastman Chemical positions in Q2 2015 and 68 closed out, a net change of +10 holders.
- The largest Eastman Chemical buyer in Q2 2015 was Manulife (Manufacturers Life Insurance), an estimated $98.7M added.
- The largest Eastman Chemical seller in Q2 2015 was JP Morgan Chase, an estimated $66.9M sold.
Based on aggregated 13F filings for Q2 2015.