Corning
GLW
817 hedge funds and large institutions have $15.9B invested in Corning in 2016 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 251 increasing their positions, 384 reducing their positions, and 63 closing their positions.
0.48% less ownership
Funds ownership: 72.52% → 72.04% (-0.48%)
5% less capital invested
Capital invested by funds: $16.6B → $15.9B (-$782M)
2% less funds holding
Funds holding: 837 → 817 (-20)
15% less funds holding in top 10
Funds holding in top 10: 33 → 28 (-5)
16% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 63
20% less call options, than puts
Call options by funds: $132M | Put options by funds: $165M
35% less repeat investments, than reductions
Existing positions increased: 251 | Existing positions reduced: 384
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$129M |
| 2 |
O
OppenheimerFunds
New York
|
+$109M |
| 3 |
Bank of New York Mellon
New York
|
+$94.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$77.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$50.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$82.8M |
| 2 |
First Eagle Investment Management
New York
|
-$81.3M |
| 3 |
State Street
Boston,
Massachusetts
|
-$70.9M |
| 4 |
D.E. Shaw & Co
New York
|
-$70.1M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$62.8M |
GLW Hedge Fund Activity: Q2 2016 in Review
817 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Corning (GLW) for Q2 2016, worth a combined $15.9B — down 4.7% from $16.6B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of GLW and 53 opened new positions — a net loss of 10 holders — while 384 trimmed existing stakes and 251 added.
The largest buyer was JP Morgan Chase, adding an estimated $129M. The largest seller was Dodge & Cox, cutting an estimated $82.8M.
- 817 institutional investors held Corning (GLW) as of Q2 2016, down from 837 in Q1 2016.
- Funds reported $15.9B of Corning stock for Q2 2016, down 4.7% quarter-over-quarter.
- 53 funds opened new Corning positions in Q2 2016 and 63 closed out, a net change of -10 holders.
- The largest Corning buyer in Q2 2016 was JP Morgan Chase, an estimated $129M added.
- The largest Corning seller in Q2 2016 was Dodge & Cox, an estimated $82.8M sold.
Based on aggregated 13F filings for Q2 2016.