Owens Corning
271 hedge funds and large institutions have $4.7B invested in Owens Corning in 2015 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 85 increasing their positions, 103 reducing their positions, and 34 closing their positions.
248% more call options, than puts
Call options by funds: $203M | Put options by funds: $58.4M
68% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 34
9% more funds holding
Funds holding: 249 → 271 (+22)
3% less capital invested
Capital invested by funds: $4.87B → $4.7B (-$166M)
4.65% less ownership
Funds ownership: 100.04% → 95.39% (-4.6%)
17% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 103
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$69.9M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$47.5M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$42.4M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$35.3M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$29.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VM
Valinor Management
New York
|
-$135M |
| 2 |
WIP
Wayzata Investment Partners
Wayzata,
Minnesota
|
-$77.4M |
| 3 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$70.6M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$47.7M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$42.4M |
OC Hedge Fund Activity: Q3 2015 in Review
271 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q3 2015, worth a combined $4.7B — down 3.4% from $4.87B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new OC positions and 34 closed out — a net gain of 23 holders — while 85 added to existing stakes and 103 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $69.9M. The largest seller was Valinor Management, exiting entirely with an estimated $135M sold.
- 271 institutional investors held Owens Corning (OC) as of Q3 2015, up from 249 in Q2 2015.
- Funds reported $4.7B of Owens Corning stock for Q3 2015, down 3.4% quarter-over-quarter.
- 57 funds opened new Owens Corning positions in Q3 2015 and 34 closed out, a net change of +23 holders.
- The largest Owens Corning buyer in Q3 2015 was Schroder Investment Management Group, an estimated $69.9M added.
- The largest Owens Corning seller in Q3 2015 was Valinor Management, an estimated $135M sold.
Based on aggregated 13F filings for Q3 2015.