Owens Corning
405 hedge funds and large institutions have $6.86B invested in Owens Corning in 2018 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 132 increasing their positions, 171 reducing their positions, and 102 closing their positions.
172% more call options, than puts
Call options by funds: $74.2M | Put options by funds: $27.3M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
5.16% more ownership
Funds ownership: 92.52% → 97.68% (+5.2%)
10% less funds holding
Funds holding: 452 → 405 (-47)
17% less capital invested
Capital invested by funds: $8.31B → $6.86B (-$1.45B)
23% less repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 171
43% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 102
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$378M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$124M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$108M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$91.5M |
| 5 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$89.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$180M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$86.1M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
-$84.9M |
| 4 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$63.4M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$62.9M |
OC Hedge Fund Activity: Q2 2018 in Review
405 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q2 2018, worth a combined $6.86B — down 17% from $8.31B a quarter earlier.
Sellers outnumbered buyers: 102 funds closed out of OC and 58 opened new positions — a net loss of 44 holders — while 171 trimmed existing stakes and 132 added.
The largest buyer was Boston Partners, adding an estimated $378M. The largest seller was AJO LP, exiting entirely with an estimated $180M sold.
- 405 institutional investors held Owens Corning (OC) as of Q2 2018, down from 452 in Q1 2018.
- Funds reported $6.86B of Owens Corning stock for Q2 2018, down 17% quarter-over-quarter.
- 58 funds opened new Owens Corning positions in Q2 2018 and 102 closed out, a net change of -44 holders.
- The largest Owens Corning buyer in Q2 2018 was Boston Partners, an estimated $378M added.
- The largest Owens Corning seller in Q2 2018 was AJO LP, an estimated $180M sold.
Based on aggregated 13F filings for Q2 2018.