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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.

New
Increased
Maintained
Reduced
Closed

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: 249271 (+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: 119 (-2)

Holders
271
Holders Change
+22
Holders Change %
+8.84%
% of All Funds
7.57%
Holding in Top 10
9
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-18.18%
% of All Funds
0.25%
New
57
Increased
85
Reduced
103
Closed
34
Calls
$203M
Puts
$58.4M
Net Calls
+$145M
Net Calls Change
-$67.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Barrow, Hanley, Mewhinney & Strauss
1
Barrow, Hanley, Mewhinney & Strauss
Texas
$402M -$4.12M -93,537 -1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$317M +$14.2M +321,507 +4%
Invesco
3
Invesco
Georgia
$253M -$29M -658,116 -10%
SC
4
Sasco Capital
Connecticut
$202M -$29.9M -678,335 -12%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$177M +$35.3M +801,596 +23%
FC
6
Fairpointe Capital
Illinois
$169M -$70.6M -1,602,610 -28%
Schroder Investment Management Group
7
Schroder Investment Management Group
United Kingdom
$158M +$69.9M +1,587,107 +72%
American Century Companies
8
American Century Companies
Missouri
$155M +$47.5M +1,077,003 +41%
GA
9
Greenhaven Associates
New York
$144M +$338K +7,660 +0.2%
AM
10
Appaloosa Management
Florida
$141M -$10.3M -234,376 -7%
BIT
11
BlackRock Institutional Trust
California
$139M -$17.5K -398 -0%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$137M +$2.85M +64,705 +2%
TCIM
13
TIAA CREF Investment Management
New York
$137M -$42.4M -962,390 -23%
WIP
14
Wayzata Investment Partners
Minnesota
$119M -$77.4M -1,756,670 -38%
State Street
15
State Street
Massachusetts
$115M +$2.6M +58,902 +2%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$96.3M -$14.7M -334,210 -13%
LCM
17
LionEye Capital Management
New York
$88.3M +$13.5M +307,000 +17%
PCM
18
PAR Capital Management
Massachusetts
$81.5M +$17.2M +390,000 +25%
BFA
19
BlackRock Fund Advisors
California
$72.5M -$1.86M -42,142 -2%
RFC
20
Russell Frank Company
Washington
$70.6M -$1.92M -43,571 -3%
Massachusetts Financial Services
21
Massachusetts Financial Services
Massachusetts
$64.3M +$42.4M +962,676 +169%
Hotchkis & Wiley Capital Management
22
Hotchkis & Wiley Capital Management
California
$52.5M -$47.7M -1,082,456 -46%
Victory Capital Management
23
Victory Capital Management
Texas
$49.1M -$8.85M -200,785 -15%
Norges Bank
24
Norges Bank
Norway
$40.3M
Brown Advisory
25
Brown Advisory
Maryland
$39.8M -$20.2M -458,361 -33%

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.