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Owens Corning

557 hedge funds and large institutions have $10.8B invested in Owens Corning in 2023 Q2 according to their latest regulatory filings, with 90 funds opening new positions, 160 increasing their positions, 232 reducing their positions, and 63 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

82% more call options, than puts

Call options by funds: $45.5M | Put options by funds: $25M

43% more first-time investments, than exits

New positions opened: 90 | Existing positions closed: 63

31% more capital invested

Capital invested by funds: $8.28B → $10.8B (+$2.55B)

5% more funds holding

Funds holding: 532557 (+25)

3.3% less ownership

Funds ownership: 95.53%92.23% (-3.3%)

31% less repeat investments, than reductions

Existing positions increased: 160 | Existing positions reduced: 232

Holders
557
Holders Change
+25
Holders Change %
+4.7%
% of All Funds
8.75%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
90
Increased
160
Reduced
232
Closed
63
Calls
$45.5M
Puts
$25M
Net Calls
+$20.5M
Net Calls Change
+$25.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Skandinaviska Enskilda Banken (SEB)
26
Skandinaviska Enskilda Banken (SEB)
Sweden
$88.3M -$17.2M -156,989 -19%
Nordea Investment Management
27
Nordea Investment Management
Sweden
$88.1M +$3.54M +32,267 +5%
Schroder Investment Management Group
28
Schroder Investment Management Group
United Kingdom
$83.4M -$6.12M -55,868 -8%
Charles Schwab
29
Charles Schwab
California
$77.3M -$2.15M -19,588 -3%
Invesco
30
Invesco
Georgia
$75.8M +$9.92M +90,528 +18%
Empower Advisory Group
31
Empower Advisory Group
Colorado
$75.5M +$1.03M +9,368 +2%
N
32
Nuveen
North Carolina
$73.2M -$1.63M -14,877 -3%
Pacer Advisors
33
Pacer Advisors
Pennsylvania
$69.1M -$33.5M -305,534 -37%
SAM
34
Storebrand Asset Management
Norway
$62.1M +$903K +8,242 +2%
First Trust Advisors
35
First Trust Advisors
Illinois
$61.1M -$12.3M -112,456 -19%
Franklin Resources
36
Franklin Resources
California
$60.3M +$653K +5,959 +1%
UBS AM
37
UBS AM
Illinois
$58.6M
Legal & General Group
38
Legal & General Group
United Kingdom
$56.6M -$3.52M -32,132 -7%
Man Group
39
Man Group
United Kingdom
$55.9M +$47M +428,620 New
RS
40
Robeco Schweiz
Switzerland
$53.9M
Swedbank
41
Swedbank
Sweden
$53.9M -$2.97M -27,100 -6%
PI
42
PGGM Investments
Netherlands
$52M -$22.6M -206,640 -34%
A
43
AustralianSuper
Australia
$50M +$15.2M +138,687 +57%
American Century Companies
44
American Century Companies
Missouri
$47.9M +$1.67M +15,222 +4%
Millennium Management
45
Millennium Management
New York
$46.5M +$28.9M +263,944 +287%
Principal Financial Group
46
Principal Financial Group
Iowa
$45.1M -$2.66M -24,265 -7%
Arrowstreet Capital
47
Arrowstreet Capital
Massachusetts
$44M -$29.7M -271,327 -45%
Swiss National Bank
48
Swiss National Bank
Switzerland
$42.8M -$4.62M -42,200 -11%
PAM
49
Panagora Asset Management
Massachusetts
$41.9M -$986K -9,001 -3%
SSA
50
Schonfeld Strategic Advisors
New York
$40.4M +$33.9M +309,407 New

OC Hedge Fund Activity: Q2 2023 in Review

557 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q2 2023, worth a combined $10.8B — up 31% from $8.28B a quarter earlier.

Buyers outnumbered sellers: 90 funds opened new OC positions and 63 closed out — a net gain of 27 holders — while 160 added to existing stakes and 232 trimmed.

The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $91.9M. The largest seller was BlackRock, cutting an estimated $160M.

  • 557 institutional investors held Owens Corning (OC) as of Q2 2023, up from 532 in Q1 2023.
  • Funds reported $10.8B of Owens Corning stock for Q2 2023, up 31% quarter-over-quarter.
  • 90 funds opened new Owens Corning positions in Q2 2023 and 63 closed out, a net change of +27 holders.
  • The largest Owens Corning buyer in Q2 2023 was Balyasny Asset Management, an estimated $91.9M added.
  • The largest Owens Corning seller in Q2 2023 was BlackRock, an estimated $160M sold.

Based on aggregated 13F filings for Q2 2023.