Owens Corning
352 hedge funds and large institutions have $4.55B invested in Owens Corning in 2018 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 112 increasing their positions, 125 reducing their positions, and 80 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
64% more call options, than puts
Call options by funds: $54.8M | Put options by funds: $33.3M
0.92% more ownership
Funds ownership: 93.77% → 94.69% (+0.92%)
4% less funds holding
Funds holding: 368 → 352 (-16)
10% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 125
18% less first-time investments, than exits
New positions opened: 66 | Existing positions closed: 80
19% less capital invested
Capital invested by funds: $5.64B → $4.55B (-$1.09B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPC
Park Presidio Capital
San Francisco,
California
|
+$49.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$48.8M |
| 3 |
Millennium Management
New York
|
+$46.8M |
| 4 |
JG
Jefferies Group
New York
|
+$46.5M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$44.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$187M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$64.1M |
| 3 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
-$58.3M |
| 4 |
JP Morgan Chase
New York
|
-$42.3M |
| 5 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$32M |
OC Hedge Fund Activity: Q4 2018 in Review
352 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q4 2018, worth a combined $4.55B — down 19% from $5.64B a quarter earlier.
Sellers outnumbered buyers: 80 funds closed out of OC and 66 opened new positions — a net loss of 14 holders — while 125 trimmed existing stakes and 112 added.
The largest buyer was Park Presidio Capital, opening a new position worth an estimated $49.8M. The largest seller was Iridian Asset Management, exiting entirely with an estimated $187M sold.
- 352 institutional investors held Owens Corning (OC) as of Q4 2018, down from 368 in Q3 2018.
- Funds reported $4.55B of Owens Corning stock for Q4 2018, down 19% quarter-over-quarter.
- 66 funds opened new Owens Corning positions in Q4 2018 and 80 closed out, a net change of -14 holders.
- The largest Owens Corning buyer in Q4 2018 was Park Presidio Capital, an estimated $49.8M added.
- The largest Owens Corning seller in Q4 2018 was Iridian Asset Management, an estimated $187M sold.
Based on aggregated 13F filings for Q4 2018.