Corning
GLW
831 hedge funds and large institutions have $17.6B invested in Corning in 2015 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 289 increasing their positions, 364 reducing their positions, and 91 closing their positions.
45% more funds holding in top 10
Funds holding in top 10: 20 → 29 (+9)
0.44% less ownership
Funds ownership: 76.89% → 76.45% (-0.44%)
6% less funds holding
Funds holding: 884 → 831 (-53)
8% less capital invested
Capital invested by funds: $19B → $17.6B (-$1.46B)
21% less repeat investments, than reductions
Existing positions increased: 289 | Existing positions reduced: 364
31% less call options, than puts
Call options by funds: $159M | Put options by funds: $229M
48% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 91
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$272M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$170M |
| 3 |
WG
Winton Group
London,
United Kingdom
|
+$79.5M |
| 4 |
LCS
Levin Capital Strategies
New York
|
+$57.7M |
| 5 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
+$55.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$56.7M |
| 2 |
State Street
Boston,
Massachusetts
|
-$56.3M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$55.6M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$53.9M |
| 5 |
Pzena Investment Management
New York
|
-$52M |
GLW Hedge Fund Activity: Q3 2015 in Review
831 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Corning (GLW) for Q3 2015, worth a combined $17.6B — down 7.6% from $19B a quarter earlier.
Sellers outnumbered buyers: 91 funds closed out of GLW and 47 opened new positions — a net loss of 44 holders — while 364 trimmed existing stakes and 289 added.
The largest buyer was Bank of America, adding an estimated $272M. The largest seller was AQR Capital Management, cutting an estimated $56.7M.
- 831 institutional investors held Corning (GLW) as of Q3 2015, down from 884 in Q2 2015.
- Funds reported $17.6B of Corning stock for Q3 2015, down 7.6% quarter-over-quarter.
- 47 funds opened new Corning positions in Q3 2015 and 91 closed out, a net change of -44 holders.
- The largest Corning buyer in Q3 2015 was Bank of America, an estimated $272M added.
- The largest Corning seller in Q3 2015 was AQR Capital Management, an estimated $56.7M sold.
Based on aggregated 13F filings for Q3 2015.