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Eastman Chemical

609 hedge funds and large institutions have $7.83B invested in Eastman Chemical in 2020 Q2 according to their latest regulatory filings, with 91 funds opening new positions, 202 increasing their positions, 216 reducing their positions, and 63 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

49% more capital invested

Capital invested by funds: $5.26B → $7.83B (+$2.58B)

44% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 63

4% more funds holding

Funds holding: 586609 (+23)

7% more call options, than puts

Call options by funds: $41.8M | Put options by funds: $39M

0.18% less ownership

Funds ownership: 82.93%82.75% (-0.18%)

6% less repeat investments, than reductions

Existing positions increased: 202 | Existing positions reduced: 216

Holders
609
Holders Change
+23
Holders Change %
+3.92%
% of All Funds
12.49%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.06%
New
91
Increased
202
Reduced
216
Closed
63
Calls
$41.8M
Puts
$39M
Net Calls
+$2.75M
Net Calls Change
-$5.22M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.08B +$33.5M +531,777 +4%
JP Morgan Chase
2
JP Morgan Chase
New York
$728M +$113M +1,791,933 +21%
BlackRock
3
BlackRock
New York
$658M -$21.2M -335,728 -3%
State Street
4
State Street
Massachusetts
$434M +$12.9M +204,526 +3%
Capital World Investors
5
Capital World Investors
California
$331M +$300M +4,760,060 New
LSV Asset Management
6
LSV Asset Management
Illinois
$310M -$12.2M -193,879 -4%
Victory Capital Management
7
Victory Capital Management
Texas
$255M -$265M -4,199,441 -53%
Ameriprise
8
Ameriprise
Minnesota
$191M +$93.8M +1,488,500 +118%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$184M +$3.28M +51,997 +2%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$175M +$2.78M +44,117 +2%
Invesco
11
Invesco
Georgia
$171M -$38M -603,470 -20%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$167M -$12.6M -200,494 -8%
Massachusetts Financial Services
13
Massachusetts Financial Services
Massachusetts
$150M +$8.93M +141,796 +7%
Charles Schwab
14
Charles Schwab
California
$144M +$33.2M +527,002 +34%
Northern Trust
15
Northern Trust
Illinois
$116M -$726K -11,524 -0.7%
PPA
16
Parametric Portfolio Associates
Washington
$79.4M +$14.3M +226,940 +25%
LBA
17
Letko, Brosseau & Associates
Quebec, Canada
$72.2M +$12.5M +198,400 +24%
Legal & General Group
18
Legal & General Group
United Kingdom
$70.8M -$5.44M -86,345 -8%
Thrivent Financial for Lutherans
19
Thrivent Financial for Lutherans
Minnesota
$70.8M -$3.82M -60,661 -6%
Bank of America
20
Bank of America
North Carolina
$65.3M -$17.3M -273,972 -23%
Morgan Stanley
21
Morgan Stanley
New York
$64M +$12M +190,804 +26%
Fidelity Investments
22
Fidelity Investments
Massachusetts
$59.2M +$26.7M +423,456 +99%
Prudential Financial
23
Prudential Financial
New Jersey
$56.5M -$10.6M -168,474 -17%
VOYA Investment Management
24
VOYA Investment Management
Georgia
$54.3M +$5.98M +94,859 +14%
MHI
25
Miller Howard Investments
New York
$53.5M -$3.43M -54,374 -7%

EMN Hedge Fund Activity: Q2 2020 in Review

609 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q2 2020, worth a combined $7.83B — up 49% from $5.26B a quarter earlier.

Buyers outnumbered sellers: 91 funds opened new EMN positions and 63 closed out — a net gain of 28 holders — while 202 added to existing stakes and 216 trimmed.

The largest buyer was Capital World Investors, opening a new position worth an estimated $300M. The largest seller was Victory Capital Management, cutting an estimated $265M.

  • 609 institutional investors held Eastman Chemical (EMN) as of Q2 2020, up from 586 in Q1 2020.
  • Funds reported $7.83B of Eastman Chemical stock for Q2 2020, up 49% quarter-over-quarter.
  • 91 funds opened new Eastman Chemical positions in Q2 2020 and 63 closed out, a net change of +28 holders.
  • The largest Eastman Chemical buyer in Q2 2020 was Capital World Investors, an estimated $300M added.
  • The largest Eastman Chemical seller in Q2 2020 was Victory Capital Management, an estimated $265M sold.

Based on aggregated 13F filings for Q2 2020.