Owens Corning
358 hedge funds and large institutions have $6.28B invested in Owens Corning in 2019 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 108 increasing their positions, 143 reducing their positions, and 56 closing their positions.
133% more call options, than puts
Call options by funds: $123M | Put options by funds: $52.5M
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
26% more capital invested
Capital invested by funds: $4.98B → $6.28B (+$1.3B)
2.79% more ownership
Funds ownership: 96.45% → 99.24% (+2.8%)
5% less funds holding
Funds holding: 375 → 358 (-17)
20% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 56
24% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 143
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$194M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$83M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
+$80.9M |
| 4 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
+$80.6M |
| 5 |
DCP
D1 Capital Partners
New York
|
+$37.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$126M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$44.1M |
| 3 |
D.E. Shaw & Co
New York
|
-$33.2M |
| 4 |
Two Sigma Investments
New York
|
-$27.9M |
| 5 |
Renaissance Technologies
New York
|
-$24M |
OC Hedge Fund Activity: Q2 2019 in Review
358 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q2 2019, worth a combined $6.28B — up 26% from $4.98B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of OC and 45 opened new positions — a net loss of 11 holders — while 143 trimmed existing stakes and 108 added.
The largest buyer was HG Vora Capital Management, opening a new position worth an estimated $194M. The largest seller was Adage Capital Partners, cutting an estimated $126M.
- 358 institutional investors held Owens Corning (OC) as of Q2 2019, down from 375 in Q1 2019.
- Funds reported $6.28B of Owens Corning stock for Q2 2019, up 26% quarter-over-quarter.
- 45 funds opened new Owens Corning positions in Q2 2019 and 56 closed out, a net change of -11 holders.
- The largest Owens Corning buyer in Q2 2019 was HG Vora Capital Management, an estimated $194M added.
- The largest Owens Corning seller in Q2 2019 was Adage Capital Partners, an estimated $126M sold.
Based on aggregated 13F filings for Q2 2019.