Owens Corning
294 hedge funds and large institutions have $5.35B invested in Owens Corning in 2016 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 121 increasing their positions, 91 reducing their positions, and 38 closing their positions.
37% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 38
33% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 91
21% more call options, than puts
Call options by funds: $15.6M | Put options by funds: $12.8M
4% more funds holding
Funds holding: 283 → 294 (+11)
0.45% more ownership
Funds ownership: 98.02% → 98.46% (+0.45%)
0% less capital invested
Capital invested by funds: $5.37B → $5.35B (-$20.6M)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$53.2M |
| 2 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$45.9M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$30.5M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$29.1M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$143M |
| 2 |
Bank of New York Mellon
New York
|
-$64.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$61.3M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$60.4M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$56.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
326
Tower Research Capital (TRC)
New York
| – | -$6K | -120 | Closed |
|
|
BCI
327
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$4K | -89 | Closed |
|
|
CFG
328
Citizens Financial Group
Providence,
Rhode Island
| – | -$4K | -78 | Closed |
|
329
AssetMark Inc
Concord,
California
| – | -$1K | -27 | Closed |
|
|
ST
330
Spot Trading
Chicago,
Illinois
| – | -$355 | -8 | Closed |
|
|
WA
331
WFG Advisors
Dallas,
Texas
| – | +$44 | +1 | New |
|
OC Hedge Fund Activity: Q1 2016 in Review
294 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q1 2016, worth a combined $5.35B — down 0.38% from $5.37B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new OC positions and 38 closed out — a net gain of 14 holders — while 121 added to existing stakes and 91 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $53.2M. The largest seller was Fairpointe Capital, cutting an estimated $143M.
- 294 institutional investors held Owens Corning (OC) as of Q1 2016, up from 283 in Q4 2015.
- Funds reported $5.35B of Owens Corning stock for Q1 2016, down 0.38% quarter-over-quarter.
- 52 funds opened new Owens Corning positions in Q1 2016 and 38 closed out, a net change of +14 holders.
- The largest Owens Corning buyer in Q1 2016 was Balyasny Asset Management, an estimated $53.2M added.
- The largest Owens Corning seller in Q1 2016 was Fairpointe Capital, an estimated $143M sold.
Based on aggregated 13F filings for Q1 2016.