Corning
GLW
990 hedge funds and large institutions have $20B invested in Corning in 2018 Q3 according to their latest regulatory filings, with 100 funds opening new positions, 256 increasing their positions, 428 reducing their positions, and 51 closing their positions.
101% more call options, than puts
Call options by funds: $257M | Put options by funds: $128M
96% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 51
61% more funds holding in top 10
Funds holding in top 10: 18 → 29 (+11)
25% more capital invested
Capital invested by funds: $16B → $20B (+$4.07B)
4% more funds holding
Funds holding: 950 → 990 (+40)
1.12% more ownership
Funds ownership: 69.99% → 71.12% (+1.1%)
40% less repeat investments, than reductions
Existing positions increased: 256 | Existing positions reduced: 428
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$133M |
| 2 |
State Street
Boston,
Massachusetts
|
+$73.8M |
| 3 |
JP Morgan Chase
New York
|
+$58.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$51.5M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$50.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$147M |
| 2 |
LCS
Levin Capital Strategies
New York
|
-$101M |
| 3 |
BlackRock
New York
|
-$86.6M |
| 4 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$36.3M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$30.9M |
GLW Hedge Fund Activity: Q3 2018 in Review
990 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Corning (GLW) for Q3 2018, worth a combined $20B — up 25% from $16B a quarter earlier.
Buyers outnumbered sellers: 100 funds opened new GLW positions and 51 closed out — a net gain of 49 holders — while 256 added to existing stakes and 428 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $133M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $147M.
- 990 institutional investors held Corning (GLW) as of Q3 2018, up from 950 in Q2 2018.
- Funds reported $20B of Corning stock for Q3 2018, up 25% quarter-over-quarter.
- 100 funds opened new Corning positions in Q3 2018 and 51 closed out, a net change of +49 holders.
- The largest Corning buyer in Q3 2018 was T. Rowe Price Associates, an estimated $133M added.
- The largest Corning seller in Q3 2018 was Hotchkis & Wiley Capital Management, an estimated $147M sold.
Based on aggregated 13F filings for Q3 2018.