Owens Corning
244 hedge funds and large institutions have $4.39B invested in Owens Corning in 2013 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 92 increasing their positions, 81 reducing their positions, and 40 closing their positions.
232% more call options, than puts
Call options by funds: $121M | Put options by funds: $36.6M
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
14% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 81
6% more capital invested
Capital invested by funds: $4.14B → $4.39B (+$249M)
0% more funds holding
Funds holding: 244 → 244 (0)
0% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 40
0.14% less ownership
Funds ownership: 91.71% → 91.56% (-0.14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$86M |
| 2 |
SIG
Senator Investment Group
New York
|
+$56.9M |
| 3 |
SC
Sasco Capital
Fairfield,
Connecticut
|
+$44.2M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$43.2M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$187M |
| 2 |
Goldman Sachs
New York
|
-$117M |
| 3 |
AC
Axon Capital
New York
|
-$77.7M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$36M |
| 5 |
LPC
Long Pond Capital
New York
|
-$30.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
276
Driehaus Capital Management
Chicago,
Illinois
| – | -$874K | -23,003 | Closed |
|
|
SC
277
Saiers Capital
New York
| – | -$796K | -21,000 | Closed |
|
|
CCM
278
Catapult Capital Management
New York
| – | -$793K | -20,875 | Closed |
|
|
MSU
279
Maple Securities USA
Jersey City,
New Jersey
| – | -$532K | -13,999 | Closed |
|
|
DTL
280
Dynamic Technology Lab
Singapore
| – | -$456K | -12,011 | Closed |
|
|
CG
281
Clinton Group
New York
| – | -$455K | -11,983 | Closed |
|
|
FCBT
282
First Citizens Bank & Trust
Raleigh,
North Carolina
| – | -$437K | -11,495 | Closed |
|
|
TWI
283
Thomas White International
Chicago,
Illinois
| – | -$257K | -6,755 | Closed |
|
|
DADC
284
D.A. Davidson & Co
Great Falls,
Montana
| – | -$123K | -3,263 | Closed |
|
285
Victory Capital Management
San Antonio,
Texas
| – | -$5K | -145 | Closed |
|
OC Hedge Fund Activity: Q4 2013 in Review
244 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q4 2013, worth a combined $4.39B — up 6% from $4.14B a quarter earlier.
Fund positioning in OC was balanced in Q4 2013: 40 funds opened new positions, 40 closed out, 92 added to existing stakes and 81 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $86M. The largest seller was Artisan Partners, exiting entirely with an estimated $187M sold.
- 244 institutional investors held Owens Corning (OC) as of Q4 2013, unchanged from Q3 2013.
- Funds reported $4.39B of Owens Corning stock for Q4 2013, up 6% quarter-over-quarter.
- 40 funds opened new Owens Corning positions in Q4 2013 and 40 closed out, a net change of 0 holders.
- The largest Owens Corning buyer in Q4 2013 was Wellington Management Group, an estimated $86M added.
- The largest Owens Corning seller in Q4 2013 was Artisan Partners, an estimated $187M sold.
Based on aggregated 13F filings for Q4 2013.