Owens Corning
244 hedge funds and large institutions have $4.14B invested in Owens Corning in 2013 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 97 increasing their positions, 75 reducing their positions, and 32 closing their positions.
216% more call options, than puts
Call options by funds: $122M | Put options by funds: $38.6M
29% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 75
22% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 32
2% more funds holding
Funds holding: 240 → 244 (+4)
2.6% less ownership
Funds ownership: 94.29% → 91.69% (-2.6%)
5% less capital invested
Capital invested by funds: $4.38B → $4.14B (-$241M)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$383M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
+$100M |
| 3 |
SC
Sasco Capital
Fairfield,
Connecticut
|
+$48.4M |
| 4 |
3CP
3G Capital Partners
New York
|
+$38.8M |
| 5 |
DnB Asset Management
Oslo,
Norway
|
+$37.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRC
Blue Ridge Capital
New York
|
-$313M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$114M |
| 3 |
Goldman Sachs
New York
|
-$86.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$79.8M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$72.3M |
OC Hedge Fund Activity: Q3 2013 in Review
244 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q3 2013, worth a combined $4.14B — down 5.5% from $4.38B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new OC positions and 32 closed out — a net gain of 7 holders — while 97 added to existing stakes and 75 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $383M. The largest seller was Blue Ridge Capital, exiting entirely with an estimated $313M sold.
- 244 institutional investors held Owens Corning (OC) as of Q3 2013, up from 240 in Q2 2013.
- Funds reported $4.14B of Owens Corning stock for Q3 2013, down 5.5% quarter-over-quarter.
- 39 funds opened new Owens Corning positions in Q3 2013 and 32 closed out, a net change of +7 holders.
- The largest Owens Corning buyer in Q3 2013 was Wellington Management Group, an estimated $383M added.
- The largest Owens Corning seller in Q3 2013 was Blue Ridge Capital, an estimated $313M sold.
Based on aggregated 13F filings for Q3 2013.