Corning
GLW
835 hedge funds and large institutions have $16.4B invested in Corning in 2016 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 242 increasing their positions, 414 reducing their positions, and 51 closing their positions.
18% more funds holding in top 10
Funds holding in top 10: 28 → 33 (+5)
14% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 51
1% less funds holding
Funds holding: 840 → 835 (-5)
2.88% less ownership
Funds ownership: 75.9% → 73.02% (-2.9%)
9% less capital invested
Capital invested by funds: $18.1B → $16.4B (-$1.64B)
41% less call options, than puts
Call options by funds: $111M | Put options by funds: $189M
42% less repeat investments, than reductions
Existing positions increased: 242 | Existing positions reduced: 414
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$105M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$87M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$69M |
| 4 |
SCCM
Schafer Cullen Capital Management
New York
|
+$43.8M |
| 5 |
First Eagle Investment Management
New York
|
+$37.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$655M |
| 2 |
Morgan Stanley
New York
|
-$290M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$104M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
-$103M |
| 5 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
-$97.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCS
876
Crosspoint Capital Strategies
Orinda,
California
| – | -$95K | -5,200 | Closed |
|
|
AIA
877
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$60K | -3,295 | Closed |
|
|
AFP
878
Ausdal Financial Partners
Davenport,
Iowa
| – | -$34K | -1,880 | Closed |
|
879
Walleye Trading
New York
| – | -$9.6K | -518 | Closed |
|
|
SC
880
Saturna Capital
Bellingham,
Washington
| – | -$5K | -300 | Closed |
|
|
MFW
881
Mosaic Family Wealth
St. Louis,
Missouri
| – | -$4K | -267 | Closed |
|
|
KCPG
882
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$2K | -125 | Closed |
|
|
AAC
883
Asset Advisors Corp
Augusta,
Georgia
| – | -$2K | -120 | Closed |
|
|
OSNBOA
884
Old Second National Bank of Aurora
Aurora,
Illinois
| – | -$2K | -100 | Closed |
|
|
AC
885
Alexandria Capital
Arlington,
Virginia
| – | +$111 | +6 | New |
|
GLW Hedge Fund Activity: Q1 2016 in Review
835 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Corning (GLW) for Q1 2016, worth a combined $16.4B — down 9.1% from $18.1B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new GLW positions and 51 closed out — a net gain of 7 holders — while 242 added to existing stakes and 414 trimmed.
The largest buyer was Royal London Asset Management, adding an estimated $105M. The largest seller was Loomis, Sayles & Company, cutting an estimated $655M.
- 835 institutional investors held Corning (GLW) as of Q1 2016, down from 840 in Q4 2015.
- Funds reported $16.4B of Corning stock for Q1 2016, down 9.1% quarter-over-quarter.
- 58 funds opened new Corning positions in Q1 2016 and 51 closed out, a net change of +7 holders.
- The largest Corning buyer in Q1 2016 was Royal London Asset Management, an estimated $105M added.
- The largest Corning seller in Q1 2016 was Loomis, Sayles & Company, an estimated $655M sold.
Based on aggregated 13F filings for Q1 2016.