Eastman Chemical
694 hedge funds and large institutions have $8.41B invested in Eastman Chemical in 2023 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 251 increasing their positions, 240 reducing their positions, and 76 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 251 | Existing positions reduced: 240
2% more capital invested
Capital invested by funds: $8.24B → $8.41B (+$167M)
1% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 76
0.66% more ownership
Funds ownership: 83.26% → 83.93% (+0.66%)
2% less funds holding
Funds holding: 706 → 694 (-12)
18% less call options, than puts
Call options by funds: $28.8M | Put options by funds: $35M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$66.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$61.3M |
| 3 |
Millennium Management
New York
|
+$47.6M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$28.9M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$27.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$158M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
-$62.9M |
| 3 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$51.8M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$36M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$19.5M |
EMN Hedge Fund Activity: Q1 2023 in Review
694 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Eastman Chemical (EMN) for Q1 2023, worth a combined $8.41B — up 2% from $8.24B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new EMN positions and 76 closed out — a net gain of 1 holder — while 251 added to existing stakes and 240 trimmed.
The largest buyer was Balyasny Asset Management, adding an estimated $66.8M. The largest seller was JP Morgan Chase, cutting an estimated $158M.
- 694 institutional investors held Eastman Chemical (EMN) as of Q1 2023, down from 706 in Q4 2022.
- Funds reported $8.41B of Eastman Chemical stock for Q1 2023, up 2% quarter-over-quarter.
- 77 funds opened new Eastman Chemical positions in Q1 2023 and 76 closed out, a net change of +1 holder.
- The largest Eastman Chemical buyer in Q1 2023 was Balyasny Asset Management, an estimated $66.8M added.
- The largest Eastman Chemical seller in Q1 2023 was JP Morgan Chase, an estimated $158M sold.
Based on aggregated 13F filings for Q1 2023.