Corning
GLW
859 hedge funds and large institutions have $17.5B invested in Corning in 2016 Q3 according to their latest regulatory filings, with 90 funds opening new positions, 227 increasing their positions, 397 reducing their positions, and 35 closing their positions.
157% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 35
36% more funds holding in top 10
Funds holding in top 10: 28 → 38 (+10)
10% more capital invested
Capital invested by funds: $15.9B → $17.5B (+$1.6B)
5% more funds holding
Funds holding: 817 → 859 (+42)
0.78% less ownership
Funds ownership: 72.04% → 71.26% (-0.78%)
25% less call options, than puts
Call options by funds: $176M | Put options by funds: $235M
43% less repeat investments, than reductions
Existing positions increased: 227 | Existing positions reduced: 397
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$185M |
| 2 |
Goldman Sachs
New York
|
+$78M |
| 3 |
Bank of New York Mellon
New York
|
+$74M |
| 4 |
O
OppenheimerFunds
New York
|
+$73.9M |
| 5 |
JP Morgan Chase
New York
|
+$66.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$371M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$316M |
| 3 |
Sanders Capital
West Palm Beach,
Florida
|
-$212M |
| 4 |
LCS
Levin Capital Strategies
New York
|
-$133M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$118M |
GLW Hedge Fund Activity: Q3 2016 in Review
859 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Corning (GLW) for Q3 2016, worth a combined $17.5B — up 10% from $15.9B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new GLW positions and 35 closed out — a net gain of 55 holders — while 227 added to existing stakes and 397 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $185M. The largest seller was Dodge & Cox, cutting an estimated $371M.
- 859 institutional investors held Corning (GLW) as of Q3 2016, up from 817 in Q2 2016.
- Funds reported $17.5B of Corning stock for Q3 2016, up 10% quarter-over-quarter.
- 90 funds opened new Corning positions in Q3 2016 and 35 closed out, a net change of +55 holders.
- The largest Corning buyer in Q3 2016 was Morgan Stanley, an estimated $185M added.
- The largest Corning seller in Q3 2016 was Dodge & Cox, an estimated $371M sold.
Based on aggregated 13F filings for Q3 2016.