Owens Corning
610 hedge funds and large institutions have $11.1B invested in Owens Corning in 2023 Q3 according to their latest regulatory filings, with 108 funds opening new positions, 187 increasing their positions, 242 reducing their positions, and 49 closing their positions.
120% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 49
103% more call options, than puts
Call options by funds: $70.5M | Put options by funds: $34.7M
10% more funds holding
Funds holding: 557 → 610 (+53)
3% more capital invested
Capital invested by funds: $10.8B → $11.1B (+$276M)
2.22% less ownership
Funds ownership: 92.23% → 90.01% (-2.2%)
23% less repeat investments, than reductions
Existing positions increased: 187 | Existing positions reduced: 242
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$125M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$61.5M |
| 3 |
VRS
Virginia Retirement Systems
Richmond,
Virginia
|
+$43M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$29.4M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$28.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$138M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$71M |
| 3 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$67.4M |
| 4 |
Man Group
London,
United Kingdom
|
-$58.9M |
| 5 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$44.5M |
OC Hedge Fund Activity: Q3 2023 in Review
610 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q3 2023, worth a combined $11.1B — up 2.5% from $10.8B a quarter earlier.
Buyers outnumbered sellers: 108 funds opened new OC positions and 49 closed out — a net gain of 59 holders — while 187 added to existing stakes and 242 trimmed.
The largest buyer was Invesco, adding an estimated $125M. The largest seller was Victory Capital Management, cutting an estimated $138M.
- 610 institutional investors held Owens Corning (OC) as of Q3 2023, up from 557 in Q2 2023.
- Funds reported $11.1B of Owens Corning stock for Q3 2023, up 2.5% quarter-over-quarter.
- 108 funds opened new Owens Corning positions in Q3 2023 and 49 closed out, a net change of +59 holders.
- The largest Owens Corning buyer in Q3 2023 was Invesco, an estimated $125M added.
- The largest Owens Corning seller in Q3 2023 was Victory Capital Management, an estimated $138M sold.
Based on aggregated 13F filings for Q3 2023.