Eastman Chemical
587 hedge funds and large institutions have $5.07B invested in Eastman Chemical in 2020 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 194 increasing their positions, 220 reducing their positions, and 118 closing their positions.
49% more call options, than puts
Call options by funds: $24.2M | Put options by funds: $16.2M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.63% less ownership
Funds ownership: 82.66% → 80.04% (-2.6%)
10% less funds holding
Funds holding: 649 → 587 (-62)
12% less repeat investments, than reductions
Existing positions increased: 194 | Existing positions reduced: 220
43% less capital invested
Capital invested by funds: $8.91B → $5.07B (-$3.84B)
45% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 118
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$137M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
+$56.7M |
| 3 |
MHI
Miller Howard Investments
Kingston,
New York
|
+$52.9M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$49.4M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$39.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$193M |
| 2 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$114M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$41.9M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$39.3M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$36.9M |
EMN Hedge Fund Activity: Q1 2020 in Review
587 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q1 2020, worth a combined $5.07B — down 43% 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 220 trimmed existing stakes and 194 added.
The largest buyer was JP Morgan Chase, adding an estimated $137M. 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 $5.07B of Eastman Chemical stock for Q1 2020, down 43% 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 JP Morgan Chase, an estimated $137M 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.