Owens Corning
232 hedge funds and large institutions have $5.21B invested in Owens Corning in 2015 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 78 increasing their positions, 73 reducing their positions, and 28 closing their positions.
132% more call options, than puts
Call options by funds: $130M | Put options by funds: $55.9M
71% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 28
35% more capital invested
Capital invested by funds: $3.85B → $5.21B (+$1.35B)
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
11.15% more ownership
Funds ownership: 91.47% → 102.62% (+11%)
9% more funds holding
Funds holding: 212 → 232 (+20)
7% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$155M |
| 2 |
SC
Sasco Capital
Fairfield,
Connecticut
|
+$105M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$102M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$95.7M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$69.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCIM
TIAA CREF Investment Management
New York
|
-$77.4M |
| 2 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$55.7M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$40.4M |
| 4 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$32.8M |
| 5 |
RIM
RS Investment Management
San Francisco,
California
|
-$26.8M |
OC Hedge Fund Activity: Q1 2015 in Review
232 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q1 2015, worth a combined $5.21B — up 35% from $3.85B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new OC positions and 28 closed out — a net gain of 20 holders — while 78 added to existing stakes and 73 trimmed.
The largest buyer was Barrow, Hanley, Mewhinney & Strauss, adding an estimated $155M. The largest seller was TIAA CREF Investment Management, cutting an estimated $77.4M.
- 232 institutional investors held Owens Corning (OC) as of Q1 2015, up from 212 in Q4 2014.
- Funds reported $5.21B of Owens Corning stock for Q1 2015, up 35% quarter-over-quarter.
- 48 funds opened new Owens Corning positions in Q1 2015 and 28 closed out, a net change of +20 holders.
- The largest Owens Corning buyer in Q1 2015 was Barrow, Hanley, Mewhinney & Strauss, an estimated $155M added.
- The largest Owens Corning seller in Q1 2015 was TIAA CREF Investment Management, an estimated $77.4M sold.
Based on aggregated 13F filings for Q1 2015.