Eastman Chemical
610 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.
54% more capital invested
Capital invested by funds: $5.07B → $7.83B (+$2.75B)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
44% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 63
4% more funds holding
Funds holding: 587 → 610 (+23)
2.67% more ownership
Funds ownership: 80.04% → 82.71% (+2.7%)
7% more call options, than puts
Call options by funds: $41.8M | Put options by funds: $39M
6% less repeat investments, than reductions
Existing positions increased: 202 | Existing positions reduced: 216
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$300M |
| 2 |
JP Morgan Chase
New York
|
+$113M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$93.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$33.5M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$33.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
-$40.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$38M |
| 3 |
Millennium Management
New York
|
-$35.3M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$28.7M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$27.2M |
EMN Hedge Fund Activity: Q2 2020 in Review
610 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q2 2020, worth a combined $7.83B — up 54% from $5.07B 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 GMT Capital, cutting an estimated $40.5M.
- 610 institutional investors held Eastman Chemical (EMN) as of Q2 2020, up from 587 in Q1 2020.
- Funds reported $7.83B of Eastman Chemical stock for Q2 2020, up 54% 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 GMT Capital, an estimated $40.5M sold.
Based on aggregated 13F filings for Q2 2020.