Owens Corning
428 hedge funds and large institutions have $7.03B invested in Owens Corning in 2020 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 131 increasing their positions, 175 reducing their positions, and 33 closing their positions.
94% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 33
21% more capital invested
Capital invested by funds: $5.8B → $7.03B (+$1.23B)
7% more funds holding
Funds holding: 399 → 428 (+29)
6% more call options, than puts
Call options by funds: $32.3M | Put options by funds: $30.4M
1.82% less ownership
Funds ownership: 96.45% → 94.62% (-1.8%)
25% less repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 175
100% less funds holding in top 10
Funds holding in top 10: 4 → 0 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$53.2M |
| 2 |
MWNA
Marshall Wace North America
New York
|
+$25.2M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$25M |
| 4 |
JCM
Junto Capital Management
New York
|
+$22.4M |
| 5 |
BlackRock
New York
|
+$21.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$76.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$40.8M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$32.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$32.5M |
| 5 |
IP
Interval Partners
New York
|
-$26.6M |
OC Hedge Fund Activity: Q3 2020 in Review
428 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q3 2020, worth a combined $7.03B — up 21% from $5.8B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new OC positions and 33 closed out — a net gain of 31 holders — while 131 added to existing stakes and 175 trimmed.
The largest buyer was Nuveen, adding an estimated $53.2M. The largest seller was Dimensional Fund Advisors, cutting an estimated $76.8M.
- 428 institutional investors held Owens Corning (OC) as of Q3 2020, up from 399 in Q2 2020.
- Funds reported $7.03B of Owens Corning stock for Q3 2020, up 21% quarter-over-quarter.
- 64 funds opened new Owens Corning positions in Q3 2020 and 33 closed out, a net change of +31 holders.
- The largest Owens Corning buyer in Q3 2020 was Nuveen, an estimated $53.2M added.
- The largest Owens Corning seller in Q3 2020 was Dimensional Fund Advisors, an estimated $76.8M sold.
Based on aggregated 13F filings for Q3 2020.