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Eastman Chemical

587 hedge funds and large institutions have $5.26B invested in Eastman Chemical in 2020 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 195 increasing their positions, 219 reducing their positions, and 118 closing their positions.

New
Increased
Maintained
Reduced
Closed

49% more call options, than puts

Call options by funds: $24.2M | Put options by funds: $16.2M

0.26% more ownership

Funds ownership: 82.66%82.93% (+0.26%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

10% less funds holding

Funds holding: 649587 (-62)

11% less repeat investments, than reductions

Existing positions increased: 195 | Existing positions reduced: 219

41% less capital invested

Capital invested by funds: $8.91B → $5.26B (-$3.65B)

45% less first-time investments, than exits

New positions opened: 65 | Existing positions closed: 118

Holders
587
Holders Change
-62
Holders Change %
-9.55%
% of All Funds
12.93%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
65
Increased
195
Reduced
219
Closed
118
Calls
$24.2M
Puts
$16.2M
Net Calls
+$7.98M
Net Calls Change
-$6.93M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$698M +$23.2M +360,722 +2%
BlackRock
2
BlackRock
New York
$456M +$455K +7,078 +0.1%
JP Morgan Chase
3
JP Morgan Chase
New York
$403M +$137M +2,139,890 +33%
Victory Capital Management
4
Victory Capital Management
Texas
$366M +$250M +3,899,607 +98%
State Street
5
State Street
Massachusetts
$282M -$22.6M -352,101 -6%
LSV Asset Management
6
LSV Asset Management
Illinois
$217M -$41.9M -652,841 -12%
Invesco
7
Invesco
Georgia
$142M +$22.1M +344,720 +13%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$121M +$15.3M +238,220 +10%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$121M -$888K -13,824 -0.5%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$115M +$6.9M +107,517 +5%
Massachusetts Financial Services
11
Massachusetts Financial Services
Massachusetts
$93.8M +$2.91M +45,263 +2%
Northern Trust
12
Northern Trust
Illinois
$77.8M -$2.71M -42,236 -2%
Charles Schwab
13
Charles Schwab
California
$71.6M +$5.09M +79,240 +5%
GC
14
GMT Capital
Georgia
$65M +$56.7M +883,546 +173%
Ameriprise
15
Ameriprise
Minnesota
$58.6M -$13.3M -207,208 -14%
Bank of America
16
Bank of America
North Carolina
$56.4M +$614K +9,568 +0.8%
Legal & General Group
17
Legal & General Group
United Kingdom
$51.4M -$571K -8,889 -0.8%
Thrivent Financial for Lutherans
18
Thrivent Financial for Lutherans
Minnesota
$50.2M +$5.41M +84,317 +8%
Prudential Financial
19
Prudential Financial
New Jersey
$45.7M +$49.4M +769,062 +364%
Deutsche Bank
20
Deutsche Bank
Germany
$44.6M -$10.4M -161,653 -14%
AQR Capital Management
21
AQR Capital Management
Connecticut
$43.2M -$12.8M -198,916 -18%
PPA
22
Parametric Portfolio Associates
Washington
$42.5M +$7.83M +121,885 +15%
LBA
23
Letko, Brosseau & Associates
Quebec, Canada
$39M -$1.44M -22,375 -3%
MHI
24
Miller Howard Investments
New York
$38.3M +$52.9M +823,127 New
Morgan Stanley
25
Morgan Stanley
New York
$33.9M +$8.26M +128,609 +21%

EMN Hedge Fund Activity: Q1 2020 in Review

587 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q1 2020, worth a combined $5.26B — down 41% from $8.91B a quarter earlier.

Sellers outnumbered buyers: 118 funds closed out of EMN and 65 opened new positions — a net loss of 53 holders — while 219 trimmed existing stakes and 195 added.

The largest buyer was Victory Capital Management, adding an estimated $250M. The largest seller was T. Rowe Price Associates, cutting an estimated $193M.

  • 587 institutional investors held Eastman Chemical (EMN) as of Q1 2020, down from 649 in Q4 2019.
  • Funds reported $5.26B of Eastman Chemical stock for Q1 2020, down 41% quarter-over-quarter.
  • 65 funds opened new Eastman Chemical positions in Q1 2020 and 118 closed out, a net change of -53 holders.
  • The largest Eastman Chemical buyer in Q1 2020 was Victory Capital Management, an estimated $250M added.
  • The largest Eastman Chemical seller in Q1 2020 was T. Rowe Price Associates, an estimated $193M sold.

Based on aggregated 13F filings for Q1 2020.