Owens Corning
670 hedge funds and large institutions have $12.9B invested in Owens Corning in 2024 Q1 according to their latest regulatory filings, with 97 funds opening new positions, 231 increasing their positions, 252 reducing their positions, and 56 closing their positions.
73% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 56
34% more call options, than puts
Call options by funds: $34.5M | Put options by funds: $25.7M
11% more capital invested
Capital invested by funds: $11.7B → $12.9B (+$1.23B)
5% more funds holding
Funds holding: 637 → 670 (+33)
0.32% more ownership
Funds ownership: 88.68% → 89% (+0.32%)
8% less repeat investments, than reductions
Existing positions increased: 231 | Existing positions reduced: 252
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
+$81.4M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$47.9M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$44.4M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$42.1M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$31.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$163M |
| 2 |
Morgan Stanley
New York
|
-$130M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$60.5M |
| 4 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$56.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$44M |
OC Hedge Fund Activity: Q1 2024 in Review
670 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q1 2024, worth a combined $12.9B — up 11% from $11.7B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new OC positions and 56 closed out — a net gain of 41 holders — while 231 added to existing stakes and 252 trimmed.
The largest buyer was Nordea Investment Management, adding an estimated $81.4M. The largest seller was Victory Capital Management, cutting an estimated $163M.
- 670 institutional investors held Owens Corning (OC) as of Q1 2024, up from 637 in Q4 2023.
- Funds reported $12.9B of Owens Corning stock for Q1 2024, up 11% quarter-over-quarter.
- 97 funds opened new Owens Corning positions in Q1 2024 and 56 closed out, a net change of +41 holders.
- The largest Owens Corning buyer in Q1 2024 was Nordea Investment Management, an estimated $81.4M added.
- The largest Owens Corning seller in Q1 2024 was Victory Capital Management, an estimated $163M sold.
Based on aggregated 13F filings for Q1 2024.