Owens Corning
368 hedge funds and large institutions have $5.64B invested in Owens Corning in 2018 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 116 increasing their positions, 161 reducing their positions, and 76 closing their positions.
98% more call options, than puts
Call options by funds: $95.4M | Put options by funds: $48.3M
3.91% less ownership
Funds ownership: 97.68% → 93.77% (-3.9%)
9% less funds holding
Funds holding: 405 → 368 (-37)
18% less capital invested
Capital invested by funds: $6.86B → $5.64B (-$1.22B)
28% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 161
47% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 76
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$210M |
| 2 |
FC
Fairpointe Capital
Chicago,
Illinois
|
+$67.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$57M |
| 4 |
Morgan Stanley
New York
|
+$54.3M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$35.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$128M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$117M |
| 3 |
Millennium Management
New York
|
-$57.8M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$54M |
| 5 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$46.4M |
OC Hedge Fund Activity: Q3 2018 in Review
368 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q3 2018, worth a combined $5.64B — down 18% from $6.86B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of OC and 40 opened new positions — a net loss of 36 holders — while 161 trimmed existing stakes and 116 added.
The largest buyer was Boston Partners, adding an estimated $210M. The largest seller was AQR Capital Management, cutting an estimated $128M.
- 368 institutional investors held Owens Corning (OC) as of Q3 2018, down from 405 in Q2 2018.
- Funds reported $5.64B of Owens Corning stock for Q3 2018, down 18% quarter-over-quarter.
- 40 funds opened new Owens Corning positions in Q3 2018 and 76 closed out, a net change of -36 holders.
- The largest Owens Corning buyer in Q3 2018 was Boston Partners, an estimated $210M added.
- The largest Owens Corning seller in Q3 2018 was AQR Capital Management, an estimated $128M sold.
Based on aggregated 13F filings for Q3 2018.