Owens Corning
329 hedge funds and large institutions have $5.91B invested in Owens Corning in 2016 Q4 according to their latest regulatory filings, with 68 funds opening new positions, 117 increasing their positions, 104 reducing their positions, and 42 closing their positions.
62% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 42
13% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 104
7% more funds holding
Funds holding: 308 → 329 (+21)
0.47% more ownership
Funds ownership: 100.62% → 101.08% (+0.47%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less capital invested
Capital invested by funds: $5.96B → $5.91B (-$49.1M)
43% less call options, than puts
Call options by funds: $11.7M | Put options by funds: $20.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$52.9M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$41.7M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$28.6M |
| 4 |
D.E. Shaw & Co
New York
|
+$25.9M |
| 5 |
Renaissance Technologies
New York
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$47M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$39.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$39.2M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$32.6M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$28.9M |
OC Hedge Fund Activity: Q4 2016 in Review
329 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q4 2016, worth a combined $5.91B — down 0.82% from $5.96B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new OC positions and 42 closed out — a net gain of 26 holders — while 117 added to existing stakes and 104 trimmed.
The largest buyer was AJO LP, adding an estimated $52.9M. The largest seller was Principal Financial Group, cutting an estimated $47M.
- 329 institutional investors held Owens Corning (OC) as of Q4 2016, up from 308 in Q3 2016.
- Funds reported $5.91B of Owens Corning stock for Q4 2016, down 0.82% quarter-over-quarter.
- 68 funds opened new Owens Corning positions in Q4 2016 and 42 closed out, a net change of +26 holders.
- The largest Owens Corning buyer in Q4 2016 was AJO LP, an estimated $52.9M added.
- The largest Owens Corning seller in Q4 2016 was Principal Financial Group, an estimated $47M sold.
Based on aggregated 13F filings for Q4 2016.