Owens Corning
372 hedge funds and large institutions have $4.04B invested in Owens Corning in 2020 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 153 increasing their positions, 122 reducing their positions, and 101 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 122
0.51% less ownership
Funds ownership: 96.58% → 96.07% (-0.51%)
13% less funds holding
Funds holding: 429 → 372 (-57)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
41% less capital invested
Capital invested by funds: $6.84B → $4.04B (-$2.8B)
42% less call options, than puts
Call options by funds: $15.3M | Put options by funds: $26.5M
50% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 101
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$85.7M |
| 2 |
Korea Investment Corp
Seoul,
South Korea
|
+$52.4M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$39.5M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$36.9M |
| 5 |
GC
GMT Capital
Atlanta,
Georgia
|
+$34.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
-$211M |
| 2 |
JG
Jefferies Group
New York
|
-$70.4M |
| 3 |
Millennium Management
New York
|
-$59M |
| 4 |
CHP
Castle Hook Partners
New York
|
-$57.6M |
| 5 |
AP
Antipodes Partners
Royal Exchange,
Australia
|
-$42.5M |
OC Hedge Fund Activity: Q1 2020 in Review
372 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q1 2020, worth a combined $4.04B — down 41% from $6.84B a quarter earlier.
Sellers outnumbered buyers: 101 funds closed out of OC and 51 opened new positions — a net loss of 50 holders — while 122 trimmed existing stakes and 153 added.
The largest buyer was Fidelity Investments, adding an estimated $85.7M. The largest seller was Long Pond Capital, exiting entirely with an estimated $211M sold.
- 372 institutional investors held Owens Corning (OC) as of Q1 2020, down from 429 in Q4 2019.
- Funds reported $4.04B of Owens Corning stock for Q1 2020, down 41% quarter-over-quarter.
- 51 funds opened new Owens Corning positions in Q1 2020 and 101 closed out, a net change of -50 holders.
- The largest Owens Corning buyer in Q1 2020 was Fidelity Investments, an estimated $85.7M added.
- The largest Owens Corning seller in Q1 2020 was Long Pond Capital, an estimated $211M sold.
Based on aggregated 13F filings for Q1 2020.