Eastman Chemical
608 hedge funds and large institutions have $9.02B invested in Eastman Chemical in 2016 Q4 according to their latest regulatory filings, with 97 funds opening new positions, 216 increasing their positions, 192 reducing their positions, and 43 closing their positions.
126% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 43
98% more call options, than puts
Call options by funds: $235M | Put options by funds: $119M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
13% more repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 192
9% more capital invested
Capital invested by funds: $8.29B → $9.02B (+$726M)
8% more funds holding
Funds holding: 564 → 608 (+44)
1.32% less ownership
Funds ownership: 83.03% → 81.71% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$121M |
| 2 |
Two Sigma Investments
New York
|
+$68.4M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$61M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$50.5M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$41.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$210M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$112M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$77.3M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$62.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$60.8M |
EMN Hedge Fund Activity: Q4 2016 in Review
608 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q4 2016, worth a combined $9.02B — up 8.8% from $8.29B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new EMN positions and 43 closed out — a net gain of 54 holders — while 216 added to existing stakes and 192 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $121M. The largest seller was Fidelity Investments, cutting an estimated $210M.
- 608 institutional investors held Eastman Chemical (EMN) as of Q4 2016, up from 564 in Q3 2016.
- Funds reported $9.02B of Eastman Chemical stock for Q4 2016, up 8.8% quarter-over-quarter.
- 97 funds opened new Eastman Chemical positions in Q4 2016 and 43 closed out, a net change of +54 holders.
- The largest Eastman Chemical buyer in Q4 2016 was Bank of New York Mellon, an estimated $121M added.
- The largest Eastman Chemical seller in Q4 2016 was Fidelity Investments, an estimated $210M sold.
Based on aggregated 13F filings for Q4 2016.