Corning
GLW
966 hedge funds and large institutions have $19.1B invested in Corning in 2017 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 295 increasing their positions, 405 reducing their positions, and 73 closing their positions.
15% more call options, than puts
Call options by funds: $131M | Put options by funds: $114M
0.5% less ownership
Funds ownership: 71.05% → 70.55% (-0.5%)
3% less capital invested
Capital invested by funds: $19.6B → $19.1B (-$569M)
5% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 73
1% less funds holding
Funds holding: 979 → 966 (-13)
27% less repeat investments, than reductions
Existing positions increased: 295 | Existing positions reduced: 405
28% less funds holding in top 10
Funds holding in top 10: 47 → 34 (-13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$273M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$29.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$24.3M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$22.1M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$96M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$59.9M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$51.4M |
| 4 |
State Street
Boston,
Massachusetts
|
-$45.4M |
| 5 |
Capital Fund Management (CFM)
Paris,
France
|
-$45M |
GLW Hedge Fund Activity: Q3 2017 in Review
966 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Corning (GLW) for Q3 2017, worth a combined $19.1B — down 2.9% from $19.6B a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of GLW and 69 opened new positions — a net loss of 4 holders — while 405 trimmed existing stakes and 295 added.
The largest buyer was Jennison Associates, opening a new position worth an estimated $273M. The largest seller was Artemis Investment Management, cutting an estimated $96M.
- 966 institutional investors held Corning (GLW) as of Q3 2017, down from 979 in Q2 2017.
- Funds reported $19.1B of Corning stock for Q3 2017, down 2.9% quarter-over-quarter.
- 69 funds opened new Corning positions in Q3 2017 and 73 closed out, a net change of -4 holders.
- The largest Corning buyer in Q3 2017 was Jennison Associates, an estimated $273M added.
- The largest Corning seller in Q3 2017 was Artemis Investment Management, an estimated $96M sold.
Based on aggregated 13F filings for Q3 2017.