Owens Corning
393 hedge funds and large institutions have $8.24B invested in Owens Corning in 2017 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 144 increasing their positions, 142 reducing their positions, and 38 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
76% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 38
65% more call options, than puts
Call options by funds: $30M | Put options by funds: $18.2M
13% more capital invested
Capital invested by funds: $7.29B → $8.24B (+$952M)
7% more funds holding
Funds holding: 367 → 393 (+26)
1% more repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 142
1.54% less ownership
Funds ownership: 97.34% → 95.81% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$90.4M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
+$68.4M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$58.1M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$52.3M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$111M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$75.1M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$64.9M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$64.1M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$58.2M |
OC Hedge Fund Activity: Q3 2017 in Review
393 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q3 2017, worth a combined $8.24B — up 13% from $7.29B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new OC positions and 38 closed out — a net gain of 29 holders — while 144 added to existing stakes and 142 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $90.4M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $111M.
- 393 institutional investors held Owens Corning (OC) as of Q3 2017, up from 367 in Q2 2017.
- Funds reported $8.24B of Owens Corning stock for Q3 2017, up 13% quarter-over-quarter.
- 67 funds opened new Owens Corning positions in Q3 2017 and 38 closed out, a net change of +29 holders.
- The largest Owens Corning buyer in Q3 2017 was Bank of Montreal, an estimated $90.4M added.
- The largest Owens Corning seller in Q3 2017 was Barrow, Hanley, Mewhinney & Strauss, an estimated $111M sold.
Based on aggregated 13F filings for Q3 2017.