Corning
GLW
837 hedge funds and large institutions have $16.6B invested in Corning in 2016 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 241 increasing their positions, 416 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% more capital invested
Capital invested by funds: $16.4B → $16.6B (+$227M)
1% less funds holding
Funds holding: 842 → 837 (-5)
3.4% less ownership
Funds ownership: 75.92% → 72.52% (-3.4%)
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: 241 | Existing positions reduced: 416
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$87M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$69M |
| 3 |
SCCM
Schafer Cullen Capital Management
New York
|
+$43.8M |
| 4 |
First Eagle Investment Management
New York
|
+$37.1M |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
+$36.1M |
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 |
GLW Hedge Fund Activity: Q1 2016 in Review
837 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Corning (GLW) for Q1 2016, worth a combined $16.6B — up 1.4% from $16.4B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new GLW positions and 51 closed out — a net gain of 7 holders — while 241 added to existing stakes and 416 trimmed.
The largest buyer was Bessemer Group, adding an estimated $87M. The largest seller was Loomis, Sayles & Company, cutting an estimated $655M.
- 837 institutional investors held Corning (GLW) as of Q1 2016, down from 842 in Q4 2015.
- Funds reported $16.6B of Corning stock for Q1 2016, up 1.4% 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 Bessemer Group, an estimated $87M added.
- The largest Corning seller in Q1 2016 was Loomis, Sayles & Company, an estimated $655M sold.
Based on aggregated 13F filings for Q1 2016.