Owens Corning
720 hedge funds and large institutions have $13.7B invested in Owens Corning in 2024 Q2 according to their latest regulatory filings, with 110 funds opening new positions, 240 increasing their positions, 277 reducing their positions, and 54 closing their positions.
104% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 54
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
27% more capital inflows, than outflows
Capital inflows: $1.36B | Capital outflows: $1.07B
7% more funds holding
Funds holding: 672 → 720 (+48)
1.94% more ownership
Funds ownership: 89.01% → 90.95% (+1.9%)
0% more call options, than puts
Call options by funds: $24M | Put options by funds: $23.9M
13% less repeat investments, than reductions
Existing positions increased: 240 | Existing positions reduced: 277
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$97.7M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$85.4M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$80.5M |
| 4 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$77.3M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
+$71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$229M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$75.4M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$45M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$34.1M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$32.3M |
OC Hedge Fund Activity: Q2 2024 in Review
720 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Owens Corning (OC) for Q2 2024, worth a combined $13.7B — up 6% from $12.9B a quarter earlier.
Buyers outnumbered sellers: 110 funds opened new OC positions and 54 closed out — a net gain of 56 holders — while 240 added to existing stakes and 277 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $97.7M. The largest seller was BlackRock, cutting an estimated $229M.
- 720 institutional investors held Owens Corning (OC) as of Q2 2024, up from 672 in Q1 2024.
- Funds reported $13.7B of Owens Corning stock for Q2 2024, up 6% quarter-over-quarter.
- 110 funds opened new Owens Corning positions in Q2 2024 and 54 closed out, a net change of +56 holders.
- The largest Owens Corning buyer in Q2 2024 was Citadel Advisors, an estimated $97.7M added.
- The largest Owens Corning seller in Q2 2024 was BlackRock, an estimated $229M sold.
Based on aggregated 13F filings for Q2 2024.