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Eastman Chemical

648 hedge funds and large institutions have $8.91B invested in Eastman Chemical in 2019 Q4 according to their latest regulatory filings, with 83 funds opening new positions, 203 increasing their positions, 254 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more first-time investments, than exits

New positions opened: 83 | Existing positions closed: 46

50% more call options, than puts

Call options by funds: $44.8M | Put options by funds: $29.9M

10% more capital invested

Capital invested by funds: $8.13B → $8.91B (+$777M)

4% more funds holding

Funds holding: 623648 (+25)

2.32% more ownership

Funds ownership: 80.35%82.66% (+2.3%)

20% less repeat investments, than reductions

Existing positions increased: 203 | Existing positions reduced: 254

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
648
Holders Change
+25
Holders Change %
+4.01%
% of All Funds
12.77%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
83
Increased
203
Reduced
254
Closed
46
Calls
$44.8M
Puts
$29.9M
Net Calls
+$14.9M
Net Calls Change
-$2.52M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.16B +$1.84M +23,889 +0.2%
BlackRock
2
BlackRock
New York
$775M -$1.47M -19,150 -0.2%
JP Morgan Chase
3
JP Morgan Chase
New York
$517M +$13M +169,665 +3%
State Street
4
State Street
Massachusetts
$505M -$14M -181,428 -3%
LSV Asset Management
5
LSV Asset Management
Illinois
$420M -$12.4M -161,374 -3%
Victory Capital Management
6
Victory Capital Management
Texas
$314M -$38.6M -501,635 -11%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$260M +$233M +3,028,240 +1,217%
Invesco
8
Invesco
Georgia
$215M -$18.3M -237,572 -8%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$206M +$1.85M +24,013 +0.9%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$187M +$26.7M +347,508 +17%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$187M -$711K -9,252 -0.4%
Massachusetts Financial Services
12
Massachusetts Financial Services
Massachusetts
$156M +$4.82M +62,742 +3%
Northern Trust
13
Northern Trust
Illinois
$136M +$3.58M +46,526 +3%
Ameriprise
14
Ameriprise
Minnesota
$116M -$46.2M -601,166 -29%
Charles Schwab
15
Charles Schwab
California
$116M +$1.95M +25,397 +2%
Diamond Hill Capital Management
16
Diamond Hill Capital Management
Ohio
$114M +$5.32M +69,167 +5%
Bank of America
17
Bank of America
North Carolina
$95.2M +$9.13M +118,730 +11%
AQR Capital Management
18
AQR Capital Management
Connecticut
$89.3M +$117K +1,528 +0.1%
Deutsche Bank
19
Deutsche Bank
Germany
$88.7M -$24.8M -322,435 -22%
Legal & General Group
20
Legal & General Group
United Kingdom
$88.2M -$1.42M -18,407 -2%
Russell Investments Group
21
Russell Investments Group
United Kingdom
$81.8M -$17.5M -226,974 -18%
Thrivent Financial for Lutherans
22
Thrivent Financial for Lutherans
Minnesota
$78.7M +$1.8M +23,462 +2%
Goldman Sachs
23
Goldman Sachs
New York
$77.8M +$12.7M +164,786 +20%
BGIM
24
Brandywine Global Investment Management
Pennsylvania
$72M -$1.52M -19,784 -2%
LBA
25
Letko, Brosseau & Associates
Quebec, Canada
$68.2M -$1.98M -25,750 -3%

EMN Hedge Fund Activity: Q4 2019 in Review

648 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q4 2019, worth a combined $8.91B — up 9.6% from $8.13B a quarter earlier.

Buyers outnumbered sellers: 83 funds opened new EMN positions and 46 closed out — a net gain of 37 holders — while 203 added to existing stakes and 254 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $233M. The largest seller was Norges Bank, cutting an estimated $90.1M.

  • 648 institutional investors held Eastman Chemical (EMN) as of Q4 2019, up from 623 in Q3 2019.
  • Funds reported $8.91B of Eastman Chemical stock for Q4 2019, up 9.6% quarter-over-quarter.
  • 83 funds opened new Eastman Chemical positions in Q4 2019 and 46 closed out, a net change of +37 holders.
  • The largest Eastman Chemical buyer in Q4 2019 was T. Rowe Price Associates, an estimated $233M added.
  • The largest Eastman Chemical seller in Q4 2019 was Norges Bank, an estimated $90.1M sold.

Based on aggregated 13F filings for Q4 2019.