Owens Corning
374 hedge funds and large institutions have $4.98B invested in Owens Corning in 2019 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 125 increasing their positions, 117 reducing their positions, and 43 closing their positions.
64% more call options, than puts
Call options by funds: $53M | Put options by funds: $32.4M
63% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 43
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
11% more capital invested
Capital invested by funds: $4.47B → $4.98B (+$512M)
7% more funds holding
Funds holding: 351 → 374 (+23)
1.76% more ownership
Funds ownership: 94.69% → 96.45% (+1.8%)
7% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 117
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
+$157M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
+$94M |
| 3 |
AP
Antipodes Partners
Royal Exchange,
Australia
|
+$40.6M |
| 4 |
DCP
D1 Capital Partners
New York
|
+$31M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$30.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$70.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$57.1M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$57M |
| 4 |
Millennium Management
New York
|
-$39.6M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$36M |
OC Hedge Fund Activity: Q1 2019 in Review
374 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q1 2019, worth a combined $4.98B — up 11% from $4.47B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new OC positions and 43 closed out — a net gain of 27 holders — while 125 added to existing stakes and 117 trimmed.
The largest buyer was Long Pond Capital, opening a new position worth an estimated $157M. The largest seller was PAR Capital Management, exiting entirely with an estimated $70.5M sold.
- 374 institutional investors held Owens Corning (OC) as of Q1 2019, up from 351 in Q4 2018.
- Funds reported $4.98B of Owens Corning stock for Q1 2019, up 11% quarter-over-quarter.
- 70 funds opened new Owens Corning positions in Q1 2019 and 43 closed out, a net change of +27 holders.
- The largest Owens Corning buyer in Q1 2019 was Long Pond Capital, an estimated $157M added.
- The largest Owens Corning seller in Q1 2019 was PAR Capital Management, an estimated $70.5M sold.
Based on aggregated 13F filings for Q1 2019.