Owens Corning
532 hedge funds and large institutions have $8.28B invested in Owens Corning in 2023 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 185 increasing their positions, 197 reducing their positions, and 59 closing their positions.
19% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 59
15% more capital invested
Capital invested by funds: $7.22B → $8.28B (+$1.05B)
2.37% more ownership
Funds ownership: 93.16% → 95.53% (+2.4%)
0% more funds holding
Funds holding: 532 → 532 (0)
6% less repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 197
27% less call options, than puts
Call options by funds: $14.6M | Put options by funds: $19.9M
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$52.9M |
| 2 |
SP
Sarasin & Partners
London,
United Kingdom
|
+$44.4M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$42.4M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$40.5M |
| 5 |
Amundi
Paris,
France
|
+$35.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
-$67.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$52.4M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$48.7M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
-$46.7M |
| 5 |
Korea Investment Corp
Seoul,
South Korea
|
-$36.8M |
OC Hedge Fund Activity: Q1 2023 in Review
532 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q1 2023, worth a combined $8.28B — up 15% from $7.22B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new OC positions and 59 closed out — a net gain of 11 holders — while 185 added to existing stakes and 197 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $52.9M. The largest seller was Man Group, exiting entirely with an estimated $67.5M sold.
- 532 institutional investors held Owens Corning (OC) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $8.28B of Owens Corning stock for Q1 2023, up 15% quarter-over-quarter.
- 70 funds opened new Owens Corning positions in Q1 2023 and 59 closed out, a net change of +11 holders.
- The largest Owens Corning buyer in Q1 2023 was Envestnet Asset Management, an estimated $52.9M added.
- The largest Owens Corning seller in Q1 2023 was Man Group, an estimated $67.5M sold.
Based on aggregated 13F filings for Q1 2023.