Owens Corning
283 hedge funds and large institutions have $5.38B invested in Owens Corning in 2015 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 101 increasing their positions, 93 reducing their positions, and 35 closing their positions.
43% more call options, than puts
Call options by funds: $96.3M | Put options by funds: $67.4M
40% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 35
14% more capital invested
Capital invested by funds: $4.71B → $5.38B (+$675M)
4% more funds holding
Funds holding: 271 → 283 (+12)
2.6% more ownership
Funds ownership: 95.51% → 98.11% (+2.6%)
9% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 93
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$70.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$67.7M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$60M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$54.6M |
| 5 |
GAM
Gotham Asset Management
New York
|
+$54.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
LionEye Capital Management
New York
|
-$88.3M |
| 2 |
WIP
Wayzata Investment Partners
Wayzata,
Minnesota
|
-$88.3M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$52.5M |
| 4 |
SC
Sasco Capital
Fairfield,
Connecticut
|
-$52.4M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$41.1M |
OC Hedge Fund Activity: Q4 2015 in Review
283 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q4 2015, worth a combined $5.38B — up 14% from $4.71B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new OC positions and 35 closed out — a net gain of 14 holders — while 101 added to existing stakes and 93 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $70.7M. The largest seller was LionEye Capital Management, exiting entirely with an estimated $88.3M sold.
- 283 institutional investors held Owens Corning (OC) as of Q4 2015, up from 271 in Q3 2015.
- Funds reported $5.38B of Owens Corning stock for Q4 2015, up 14% quarter-over-quarter.
- 49 funds opened new Owens Corning positions in Q4 2015 and 35 closed out, a net change of +14 holders.
- The largest Owens Corning buyer in Q4 2015 was Massachusetts Financial Services, an estimated $70.7M added.
- The largest Owens Corning seller in Q4 2015 was LionEye Capital Management, an estimated $88.3M sold.
Based on aggregated 13F filings for Q4 2015.