Corning
GLW
834 hedge funds and large institutions have $21.2B invested in Corning in 2014 Q2 according to their latest regulatory filings, with 66 funds opening new positions, 226 increasing their positions, 418 reducing their positions, and 51 closing their positions.
29% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 51
2.65% more ownership
Funds ownership: 71.22% → 73.87% (+2.7%)
1% more funds holding
Funds holding: 825 → 834 (+9)
3% more capital invested
Capital invested by funds: $20.6B → $21.2B (+$583M)
16% less funds holding in top 10
Funds holding in top 10: 43 → 36 (-7)
20% less call options, than puts
Call options by funds: $176M | Put options by funds: $220M
46% less repeat investments, than reductions
Existing positions increased: 226 | Existing positions reduced: 418
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$223M |
| 2 |
JP Morgan Chase
New York
|
+$59.3M |
| 3 |
Two Sigma Investments
New York
|
+$50.3M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$47.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$30.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$107M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$74.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$72.1M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$63.7M |
| 5 |
YAM
Yacktman Asset Management
Austin,
Texas
|
-$58.8M |
GLW Hedge Fund Activity: Q2 2014 in Review
834 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Corning (GLW) for Q2 2014, worth a combined $21.2B — up 2.8% from $20.6B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new GLW positions and 51 closed out — a net gain of 15 holders — while 226 added to existing stakes and 418 trimmed.
The largest buyer was Norges Bank, adding an estimated $223M. The largest seller was River Road Asset Management, cutting an estimated $107M.
- 834 institutional investors held Corning (GLW) as of Q2 2014, up from 825 in Q1 2014.
- Funds reported $21.2B of Corning stock for Q2 2014, up 2.8% quarter-over-quarter.
- 66 funds opened new Corning positions in Q2 2014 and 51 closed out, a net change of +15 holders.
- The largest Corning buyer in Q2 2014 was Norges Bank, an estimated $223M added.
- The largest Corning seller in Q2 2014 was River Road Asset Management, an estimated $107M sold.
Based on aggregated 13F filings for Q2 2014.