Corning
GLW
827 hedge funds and large institutions have $18.4B invested in Corning in 2013 Q4 according to their latest regulatory filings, with 113 funds opening new positions, 267 increasing their positions, 344 reducing their positions, and 52 closing their positions.
117% more first-time investments, than exits
New positions opened: 113 | Existing positions closed: 52
50% more funds holding in top 10
Funds holding in top 10: 22 → 33 (+11)
11% more call options, than puts
Call options by funds: $347M | Put options by funds: $313M
7% more funds holding
Funds holding: 772 → 827 (+55)
3% more capital invested
Capital invested by funds: $17.9B → $18.4B (+$563M)
2.03% less ownership
Funds ownership: 73.46% → 71.43% (-2%)
22% less repeat investments, than reductions
Existing positions increased: 267 | Existing positions reduced: 344
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$86.2M |
| 2 |
Pzena Investment Management
New York
|
+$48.9M |
| 3 |
KIG
Kovitz Investment Group
Chicago,
Illinois
|
+$42M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$40M |
| 5 |
Neuberger Berman Group
New York
|
+$32.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$108M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$85.6M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$67.9M |
| 4 |
Two Sigma Investments
New York
|
-$65M |
| 5 |
DnB Asset Management
Oslo,
Norway
|
-$63.5M |
GLW Hedge Fund Activity: Q4 2013 in Review
827 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Corning (GLW) for Q4 2013, worth a combined $18.4B — up 3.1% from $17.9B a quarter earlier.
Buyers outnumbered sellers: 113 funds opened new GLW positions and 52 closed out — a net gain of 61 holders — while 267 added to existing stakes and 344 trimmed.
The largest buyer was Eaton Vance Management, adding an estimated $86.2M. The largest seller was Wellington Management Group, cutting an estimated $108M.
- 827 institutional investors held Corning (GLW) as of Q4 2013, up from 772 in Q3 2013.
- Funds reported $18.4B of Corning stock for Q4 2013, up 3.1% quarter-over-quarter.
- 113 funds opened new Corning positions in Q4 2013 and 52 closed out, a net change of +61 holders.
- The largest Corning buyer in Q4 2013 was Eaton Vance Management, an estimated $86.2M added.
- The largest Corning seller in Q4 2013 was Wellington Management Group, an estimated $108M sold.
Based on aggregated 13F filings for Q4 2013.