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Owens Corning

637 hedge funds and large institutions have $11.7B invested in Owens Corning in 2023 Q4 according to their latest regulatory filings, with 110 funds opening new positions, 186 increasing their positions, 274 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more funds holding in top 10

Funds holding in top 10: 37 (+4)

58% more call options, than puts

Call options by funds: $28.2M | Put options by funds: $17.8M

43% more first-time investments, than exits

New positions opened: 110 | Existing positions closed: 77

5% more capital invested

Capital invested by funds: $11.1B → $11.7B (+$581M)

4% more funds holding

Funds holding: 610637 (+27)

1.33% less ownership

Funds ownership: 90.01%88.68% (-1.3%)

32% less repeat investments, than reductions

Existing positions increased: 186 | Existing positions reduced: 274

Holders
637
Holders Change
+27
Holders Change %
+4.43%
% of All Funds
9.29%
Holding in Top 10
7
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+133.33%
% of All Funds
0.1%
New
110
Increased
186
Reduced
274
Closed
77
Calls
$28.2M
Puts
$17.8M
Net Calls
+$10.4M
Net Calls Change
-$25.4M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.63B +$26.1M +196,712 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.35B -$7.71M -58,210 -0.6%
State Street
3
State Street
Massachusetts
$612M +$15M +113,515 +3%
DSA
4
Davis Selected Advisers
Arizona
$398M -$132M -998,816 -27%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$342M -$20.4M -154,295 -6%
LSV Asset Management
6
LSV Asset Management
Illinois
$337M +$2.08M +15,714 +0.7%
AQR Capital Management
7
AQR Capital Management
Connecticut
$245M +$13.9M +104,816 +7%
Morgan Stanley
8
Morgan Stanley
New York
$244M +$109M +824,348 +100%
Invesco
9
Invesco
Georgia
$225M +$4.43M +33,428 +2%
Victory Capital Management
10
Victory Capital Management
Texas
$220M +$4.71M +35,530 +2%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$216M +$5.75M +43,444 +3%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$184M +$452K +3,410 +0.3%
Allianz Asset Management
13
Allianz Asset Management
Germany
$157M +$10M +75,594 +8%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$152M -$11M -82,948 -7%
Ameriprise
15
Ameriprise
Minnesota
$143M -$32.5M -245,036 -20%
Amundi
16
Amundi
France
$140M -$59.6M -449,610 -32%
Northern Trust
17
Northern Trust
Illinois
$137M -$11.8M -88,864 -9%
Bank of America
18
Bank of America
North Carolina
$131M -$63.5M -479,673 -35%
Deutsche Bank
19
Deutsche Bank
Germany
$130M -$10.2M -77,219 -8%
Pacer Advisors
20
Pacer Advisors
Pennsylvania
$123M +$109M +819,201 +6,117%
Norges Bank
21
Norges Bank
Norway
$118M +$9.03M +68,201 +9%
Citadel Advisors
22
Citadel Advisors
Florida
$115M -$36.7M -277,399 -26%
Zurich Cantonal Bank
23
Zurich Cantonal Bank
Switzerland
$109M -$16.5M -124,648 -15%
Nordea Investment Management
24
Nordea Investment Management
Sweden
$107M +$12.5M +94,185 +15%
Skandinaviska Enskilda Banken (SEB)
25
Skandinaviska Enskilda Banken (SEB)
Sweden
$98.3M -$6.44M -48,600 -7%

OC Hedge Fund Activity: Q4 2023 in Review

637 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q4 2023, worth a combined $11.7B — up 5.2% from $11.1B a quarter earlier.

Buyers outnumbered sellers: 110 funds opened new OC positions and 77 closed out — a net gain of 33 holders — while 186 added to existing stakes and 274 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $109M. The largest seller was Davis Selected Advisers, cutting an estimated $132M.

  • 637 institutional investors held Owens Corning (OC) as of Q4 2023, up from 610 in Q3 2023.
  • Funds reported $11.7B of Owens Corning stock for Q4 2023, up 5.2% quarter-over-quarter.
  • 110 funds opened new Owens Corning positions in Q4 2023 and 77 closed out, a net change of +33 holders.
  • The largest Owens Corning buyer in Q4 2023 was Morgan Stanley, an estimated $109M added.
  • The largest Owens Corning seller in Q4 2023 was Davis Selected Advisers, an estimated $132M sold.

Based on aggregated 13F filings for Q4 2023.