Eastman Chemical
697 hedge funds and large institutions have $11.3B invested in Eastman Chemical in 2018 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 211 increasing their positions, 286 reducing their positions, and 73 closing their positions.
0.38% less ownership
Funds ownership: 84.13% → 83.75% (-0.38%)
4% less funds holding
Funds holding: 726 → 697 (-29)
6% less capital invested
Capital invested by funds: $12B → $11.3B (-$682M)
26% less repeat investments, than reductions
Existing positions increased: 211 | Existing positions reduced: 286
27% less call options, than puts
Call options by funds: $51.1M | Put options by funds: $69.6M
32% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 73
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$92.6M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$91.8M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$46.8M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$43.1M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$34.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$80.6M |
| 2 |
BlackRock
New York
|
-$73.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$68.5M |
| 4 |
O
OppenheimerFunds
New York
|
-$41.7M |
| 5 |
Goldman Sachs
New York
|
-$34.4M |
EMN Hedge Fund Activity: Q3 2018 in Review
697 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q3 2018, worth a combined $11.3B — down 5.7% from $12B a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of EMN and 50 opened new positions — a net loss of 23 holders — while 286 trimmed existing stakes and 211 added.
The largest buyer was Ameriprise, adding an estimated $92.6M. The largest seller was American Century Companies, exiting entirely with an estimated $80.6M sold.
- 697 institutional investors held Eastman Chemical (EMN) as of Q3 2018, down from 726 in Q2 2018.
- Funds reported $11.3B of Eastman Chemical stock for Q3 2018, down 5.7% quarter-over-quarter.
- 50 funds opened new Eastman Chemical positions in Q3 2018 and 73 closed out, a net change of -23 holders.
- The largest Eastman Chemical buyer in Q3 2018 was Ameriprise, an estimated $92.6M added.
- The largest Eastman Chemical seller in Q3 2018 was American Century Companies, an estimated $80.6M sold.
Based on aggregated 13F filings for Q3 2018.