Norbord Inc.
OSB
OSB was delisted on the 29th of January, 2021.
77 hedge funds and large institutions have $1.8B invested in Norbord Inc. in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 22 increasing their positions, 27 reducing their positions, and 9 closing their positions.
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
75% more call options, than puts
Call options by funds: $545K | Put options by funds: $311K
35% more capital invested
Capital invested by funds: $1.34B → $1.8B (+$461M)
8% more funds holding
Funds holding: 71 → 77 (+6)
19% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 27
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$34M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$16.1M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$14.8M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.2M |
| 5 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
+$9.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$16M |
| 2 |
Goldman Sachs
New York
|
-$10M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$7.34M |
| 4 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$6M |
| 5 |
CP
Covalent Partners
Concord,
Massachusetts
|
-$5.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Barclays
London,
United Kingdom
| $2K | – | – | – |
|
|
HCM
77
Highlander Capital Management
Short Hills,
New Jersey
| $2K | – | – | – |
|
|
78
American Century Companies
Kansas City,
Missouri
| – | -$7.34M | -375,238 | Closed |
|
|
SCM
79
Stonehill Capital Management
New York
| – | -$4.48M | -229,400 | Closed |
|
80
State of Tennessee, Department of Treasury
Nashville,
Tennessee
| – | -$1.68M | -86,320 | Closed |
|
81
Citadel Advisors
Miami,
Florida
| – | -$654K | -33,566 | Closed |
|
|
QC
82
Quadrature Capital
London,
United Kingdom
| – | -$397K | -20,420 | Closed |
|
|
SAM
83
Symphony Asset Management
San Francisco,
California
| – | -$361K | -18,494 | Closed |
|
84
Jane Street
New York
| – | -$294K | -14,910 | Closed |
|
85
UBS Group
Zurich,
Switzerland
| – | -$42K | -2,108 | Closed |
|
|
MCM
86
McKinley Capital Management
Anchorage,
Alaska
| – | -$35K | -1,400 | Closed |
|
OSB Hedge Fund Activity: Q3 2016 in Review
77 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Norbord Inc. (OSB) for Q3 2016, worth a combined $1.8B — up 35% from $1.34B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new OSB positions and 9 closed out — a net gain of 8 holders — while 22 added to existing stakes and 27 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $34M. The largest seller was Wellington Management Group, cutting an estimated $16M.
- 77 institutional investors held Norbord Inc. (OSB) as of Q3 2016, up from 71 in Q2 2016.
- Funds reported $1.8B of Norbord Inc. stock for Q3 2016, up 35% quarter-over-quarter.
- 17 funds opened new Norbord Inc. positions in Q3 2016 and 9 closed out, a net change of +8 holders.
- The largest Norbord Inc. buyer in Q3 2016 was Fidelity Investments, an estimated $34M added.
- The largest Norbord Inc. seller in Q3 2016 was Wellington Management Group, an estimated $16M sold.
Based on aggregated 13F filings for Q3 2016.