Corning
GLW
997 hedge funds and large institutions have $16.7B invested in Corning in 2019 Q4 according to their latest regulatory filings, with 127 funds opening new positions, 279 increasing their positions, 419 reducing their positions, and 68 closing their positions.
87% more first-time investments, than exits
New positions opened: 127 | Existing positions closed: 68
41% more call options, than puts
Call options by funds: $193M | Put options by funds: $137M
33% more funds holding in top 10
Funds holding in top 10: 12 → 16 (+4)
4% more funds holding
Funds holding: 955 → 997 (+42)
2% more capital invested
Capital invested by funds: $16.4B → $16.7B (+$315M)
0.98% more ownership
Funds ownership: 73.5% → 74.48% (+0.98%)
33% less repeat investments, than reductions
Existing positions increased: 279 | Existing positions reduced: 419
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$203M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$116M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$88M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$61.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$58.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$104M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$62.8M |
| 3 |
State Farm Mutual Automobile Insurance
Bloomington,
Illinois
|
-$53.4M |
| 4 |
SCCM
Schafer Cullen Capital Management
New York
|
-$51.3M |
| 5 |
Bank of New York Mellon
New York
|
-$46.8M |
GLW Hedge Fund Activity: Q4 2019 in Review
997 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Corning (GLW) for Q4 2019, worth a combined $16.7B — up 1.9% from $16.4B a quarter earlier.
Buyers outnumbered sellers: 127 funds opened new GLW positions and 68 closed out — a net gain of 59 holders — while 279 added to existing stakes and 419 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $203M. The largest seller was JP Morgan Chase, cutting an estimated $104M.
- 997 institutional investors held Corning (GLW) as of Q4 2019, up from 955 in Q3 2019.
- Funds reported $16.7B of Corning stock for Q4 2019, up 1.9% quarter-over-quarter.
- 127 funds opened new Corning positions in Q4 2019 and 68 closed out, a net change of +59 holders.
- The largest Corning buyer in Q4 2019 was Wellington Management Group, an estimated $203M added.
- The largest Corning seller in Q4 2019 was JP Morgan Chase, an estimated $104M sold.
Based on aggregated 13F filings for Q4 2019.