Eastman Chemical
579 hedge funds and large institutions have $8.57B invested in Eastman Chemical in 2016 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 227 increasing their positions, 184 reducing their positions, and 40 closing their positions.
35% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 40
23% more repeat investments, than reductions
Existing positions increased: 227 | Existing positions reduced: 184
1% more funds holding
Funds holding: 572 → 579 (+7)
5% less capital invested
Capital invested by funds: $9.01B → $8.57B (-$449M)
6% less call options, than puts
Call options by funds: $118M | Put options by funds: $125M
2.37% less ownership
Funds ownership: 87.23% → 84.86% (-2.4%)
83% less funds holding in top 10
Funds holding in top 10: 6 → 1 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$93.7M |
| 2 |
Barclays
London,
United Kingdom
|
+$35.5M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$32.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$27.5M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$24.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$194M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$113M |
| 3 |
First Eagle Investment Management
New York
|
-$84.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$55.3M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$51.2M |
EMN Hedge Fund Activity: Q2 2016 in Review
579 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q2 2016, worth a combined $8.57B — down 5% from $9.01B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new EMN positions and 40 closed out — a net gain of 14 holders — while 227 added to existing stakes and 184 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $93.7M. The largest seller was Royal London Asset Management, cutting an estimated $194M.
- 579 institutional investors held Eastman Chemical (EMN) as of Q2 2016, up from 572 in Q1 2016.
- Funds reported $8.57B of Eastman Chemical stock for Q2 2016, down 5% quarter-over-quarter.
- 54 funds opened new Eastman Chemical positions in Q2 2016 and 40 closed out, a net change of +14 holders.
- The largest Eastman Chemical buyer in Q2 2016 was JP Morgan Chase, an estimated $93.7M added.
- The largest Eastman Chemical seller in Q2 2016 was Royal London Asset Management, an estimated $194M sold.
Based on aggregated 13F filings for Q2 2016.