Corning
GLW
1,059 hedge funds and large institutions have $20.7B invested in Corning in 2020 Q4 according to their latest regulatory filings, with 172 funds opening new positions, 339 increasing their positions, 370 reducing their positions, and 47 closing their positions.
266% more first-time investments, than exits
New positions opened: 172 | Existing positions closed: 47
71% more call options, than puts
Call options by funds: $197M | Put options by funds: $115M
12% more funds holding
Funds holding: 945 → 1,059 (+114)
11% more capital invested
Capital invested by funds: $18.7B → $20.7B (+$1.99B)
0.57% less ownership
Funds ownership: 75.82% → 75.25% (-0.57%)
8% less repeat investments, than reductions
Existing positions increased: 339 | Existing positions reduced: 370
5% less funds holding in top 10
Funds holding in top 10: 21 → 20 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$76M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$66.4M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$57.6M |
| 4 |
State Street
Boston,
Massachusetts
|
+$41.6M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$40.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
-$146M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$137M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$125M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$118M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$72.6M |
GLW Hedge Fund Activity: Q4 2020 in Review
1,059 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Corning (GLW) for Q4 2020, worth a combined $20.7B — up 11% from $18.7B a quarter earlier.
Buyers outnumbered sellers: 172 funds opened new GLW positions and 47 closed out — a net gain of 125 holders — while 339 added to existing stakes and 370 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $76M. The largest seller was Maverick Capital, cutting an estimated $146M.
- 1,059 institutional investors held Corning (GLW) as of Q4 2020, up from 945 in Q3 2020.
- Funds reported $20.7B of Corning stock for Q4 2020, up 11% quarter-over-quarter.
- 172 funds opened new Corning positions in Q4 2020 and 47 closed out, a net change of +125 holders.
- The largest Corning buyer in Q4 2020 was First Trust Advisors, an estimated $76M added.
- The largest Corning seller in Q4 2020 was Maverick Capital, an estimated $146M sold.
Based on aggregated 13F filings for Q4 2020.