Corning
GLW
1,137 hedge funds and large institutions have $17.7B invested in Corning in 2023 Q3 according to their latest regulatory filings, with 99 funds opening new positions, 405 increasing their positions, 425 reducing their positions, and 100 closing their positions.
103% more call options, than puts
Call options by funds: $207M | Put options by funds: $102M
0.9% less ownership
Funds ownership: 69.21% → 68.3% (-0.9%)
1% less first-time investments, than exits
New positions opened: 99 | Existing positions closed: 100
5% less repeat investments, than reductions
Existing positions increased: 405 | Existing positions reduced: 425
2% less funds holding
Funds holding: 1,156 → 1,137 (-19)
14% less capital invested
Capital invested by funds: $20.5B → $17.7B (-$2.81B)
28% less funds holding in top 10
Funds holding in top 10: 18 → 13 (-5)
Top Buyers
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$75.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$67.2M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$41.6M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$39.7M |
| 5 |
Morgan Stanley
New York
|
+$34.7M |
Top Sellers
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$141M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$75.7M |
| 3 |
JP Morgan Chase
New York
|
-$64.7M |
| 4 |
Retirement Systems of Alabama
Montgomery,
Alabama
|
-$36.6M |
| 5 |
Comerica Bank
Dallas,
Texas
|
-$30.3M |
GLW Hedge Fund Activity: Q3 2023 in Review
1,137 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Corning (GLW) for Q3 2023, worth a combined $17.7B — down 14% from $20.5B a quarter earlier.
Sellers outnumbered buyers: 100 funds closed out of GLW and 99 opened new positions — a net loss of 1 holder — while 425 trimmed existing stakes and 405 added.
The largest buyer was Ameriprise, adding an estimated $75.3M. The largest seller was T. Rowe Price Investment Management, exiting entirely with an estimated $141M sold.
- 1,137 institutional investors held Corning (GLW) as of Q3 2023, down from 1,156 in Q2 2023.
- Funds reported $17.7B of Corning stock for Q3 2023, down 14% quarter-over-quarter.
- 99 funds opened new Corning positions in Q3 2023 and 100 closed out, a net change of -1 holder.
- The largest Corning buyer in Q3 2023 was Ameriprise, an estimated $75.3M added.
- The largest Corning seller in Q3 2023 was T. Rowe Price Investment Management, an estimated $141M sold.
Based on aggregated 13F filings for Q3 2023.