Kodak
KODK
103 hedge funds and large institutions have $253M invested in Kodak in 2017 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 37 increasing their positions, 23 reducing their positions, and 7 closing their positions.
300% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 7
61% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 23
17% more funds holding
Funds holding: 88 → 103 (+15)
19% less call options, than puts
Call options by funds: $1.15M | Put options by funds: $1.42M
19.02% less ownership
Funds ownership: 71.93% → 52.9% (-19%)
46% less capital invested
Capital invested by funds: $472M → $253M (-$219M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$15.5M |
| 2 |
PIM
Paradice Investment Management
Denver,
Colorado
|
+$5.56M |
| 3 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$3.65M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$3.12M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$138M |
| 2 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$8.6M |
| 3 |
AIM
Assured Investment Management
New York
|
-$8.23M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$769K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$541K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
101
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | +$684 | +50 | New |
|
|
102
Blackstone Inc
New York
| – | -$138M | -8,875,211 | Closed |
|
|
CCM
103
Contrarian Capital Management
Greenwich,
Connecticut
| – | -$8.6M | -554,797 | Closed |
|
104
JP Morgan Chase
New York
| – | -$312K | -20,127 | Closed |
|
|
BPM
105
Bowling Portfolio Management
Cincinnati,
Ohio
| – | -$240K | -15,471 | Closed |
|
|
QCMC
106
Quantum Capital Management (California)
San Francisco,
California
| – | -$221K | -14,267 | Closed |
|
|
HHC
107
Hutchin Hill Capital
New York
| – | -$171K | -11,000 | Closed |
|
108
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$12K | -824 | Closed |
|
KODK Hedge Fund Activity: Q1 2017 in Review
103 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Kodak (KODK) for Q1 2017, worth a combined $253M — down 46% from $472M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new KODK positions and 7 closed out — a net gain of 21 holders — while 37 added to existing stakes and 23 trimmed.
The largest buyer was BlackRock, adding an estimated $15.5M. The largest seller was Blackstone Inc, exiting entirely with an estimated $138M sold.
- 103 institutional investors held Kodak (KODK) as of Q1 2017, up from 88 in Q4 2016.
- Funds reported $253M of Kodak stock for Q1 2017, down 46% quarter-over-quarter.
- 28 funds opened new Kodak positions in Q1 2017 and 7 closed out, a net change of +21 holders.
- The largest Kodak buyer in Q1 2017 was BlackRock, an estimated $15.5M added.
- The largest Kodak seller in Q1 2017 was Blackstone Inc, an estimated $138M sold.
Based on aggregated 13F filings for Q1 2017.