Corning
GLW
994 hedge funds and large institutions have $16.5B invested in Corning in 2018 Q1 according to their latest regulatory filings, with 79 funds opening new positions, 287 increasing their positions, 452 reducing their positions, and 133 closing their positions.
24% more call options, than puts
Call options by funds: $142M | Put options by funds: $114M
2.54% less ownership
Funds ownership: 72.26% → 69.71% (-2.5%)
6% less funds holding
Funds holding: 1,057 → 994 (-63)
18% less capital invested
Capital invested by funds: $20.1B → $16.5B (-$3.58B)
37% less repeat investments, than reductions
Existing positions increased: 287 | Existing positions reduced: 452
39% less funds holding in top 10
Funds holding in top 10: 38 → 23 (-15)
41% less first-time investments, than exits
New positions opened: 79 | Existing positions closed: 133
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$729M |
| 2 |
SCM
Steadfast Capital Management
New York
|
+$53.7M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$42.6M |
| 4 |
LCS
Levin Capital Strategies
New York
|
+$32.6M |
| 5 |
CCM
Criterion Capital Management
San Francisco,
California
|
+$29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$451M |
| 2 |
Jennison Associates
New York
|
-$343M |
| 3 |
State Street
Boston,
Massachusetts
|
-$89.8M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$84.2M |
| 5 |
Two Sigma Investments
New York
|
-$82M |
GLW Hedge Fund Activity: Q1 2018 in Review
994 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Corning (GLW) for Q1 2018, worth a combined $16.5B — down 18% from $20.1B a quarter earlier.
Sellers outnumbered buyers: 133 funds closed out of GLW and 79 opened new positions — a net loss of 54 holders — while 452 trimmed existing stakes and 287 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $729M. The largest seller was Dodge & Cox, cutting an estimated $451M.
- 994 institutional investors held Corning (GLW) as of Q1 2018, down from 1,057 in Q4 2017.
- Funds reported $16.5B of Corning stock for Q1 2018, down 18% quarter-over-quarter.
- 79 funds opened new Corning positions in Q1 2018 and 133 closed out, a net change of -54 holders.
- The largest Corning buyer in Q1 2018 was T. Rowe Price Associates, an estimated $729M added.
- The largest Corning seller in Q1 2018 was Dodge & Cox, an estimated $451M sold.
Based on aggregated 13F filings for Q1 2018.