Owens Corning
390 hedge funds and large institutions have $6.92B invested in Owens Corning in 2019 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 132 increasing their positions, 118 reducing their positions, and 50 closing their positions.
68% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 50
62% more call options, than puts
Call options by funds: $60.9M | Put options by funds: $37.5M
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
12% more repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 118
10% more capital invested
Capital invested by funds: $6.28B → $6.92B (+$636M)
9% more funds holding
Funds holding: 358 → 390 (+32)
1.44% more ownership
Funds ownership: 99.24% → 100.67% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$276M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$82.7M |
| 3 |
Bank of New York Mellon
New York
|
+$68.1M |
| 4 |
State Street
Boston,
Massachusetts
|
+$63.7M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$52.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
D1 Capital Partners
New York
|
-$159M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
-$103M |
| 3 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
-$91.9M |
| 4 |
JP Morgan Chase
New York
|
-$42.9M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$36M |
OC Hedge Fund Activity: Q3 2019 in Review
390 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q3 2019, worth a combined $6.92B — up 10% from $6.28B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new OC positions and 50 closed out — a net gain of 34 holders — while 132 added to existing stakes and 118 trimmed.
The largest buyer was BlackRock, adding an estimated $276M. The largest seller was D1 Capital Partners, exiting entirely with an estimated $159M sold.
- 390 institutional investors held Owens Corning (OC) as of Q3 2019, up from 358 in Q2 2019.
- Funds reported $6.92B of Owens Corning stock for Q3 2019, up 10% quarter-over-quarter.
- 84 funds opened new Owens Corning positions in Q3 2019 and 50 closed out, a net change of +34 holders.
- The largest Owens Corning buyer in Q3 2019 was BlackRock, an estimated $276M added.
- The largest Owens Corning seller in Q3 2019 was D1 Capital Partners, an estimated $159M sold.
Based on aggregated 13F filings for Q3 2019.