Norbord Inc.
OSB
OSB was delisted on the 29th of January, 2021.
78 hedge funds and large institutions have $2B invested in Norbord Inc. in 2017 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 35 reducing their positions, and 7 closing their positions.
1,006% more call options, than puts
Call options by funds: $376K | Put options by funds: $34K
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
13% more capital invested
Capital invested by funds: $1.77B → $2B (+$224M)
1% more funds holding
Funds holding: 77 → 78 (+1)
34% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$22.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$10M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$6.32M |
| 4 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$5.89M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
+$5.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$14.1M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$13.6M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$12.6M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$11.1M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$3.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
76
Tower Research Capital (TRC)
New York
| $2K | -$29.6K | -1,084 | -94% |
|
|
AG
77
Advisor Group
Phoenix,
Arizona
| $2K | -$2.32K | -85 | -61% |
|
|
HCM
78
Highlander Capital Management
Short Hills,
New Jersey
| $2K | – | – | – |
|
|
IIM
79
Intact Investment Management
Montreal,
Quebec, Canada
| – | -$3.17M | -93,823 | Closed |
|
|
GC
80
Guggenheim Capital
Chicago,
Illinois
| – | -$1.08M | -42,700 | Closed |
|
|
KJHP
81
K.J. Harrison & Partners
Toronto,
Ontario, Canada
| – | -$798K | -31,600 | Closed |
|
|
GCC
82
Guardian Capital (Canada)
Toronto,
Ontario, Canada
| – | -$542K | -21,450 | Closed |
|
|
QC
83
Quadrature Capital
London,
United Kingdom
| – | -$344K | -13,688 | Closed |
|
84
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$220K | -10,297 | Closed |
|
85
First Manhattan
New York
| – | -$7K | -300 | Closed |
|
OSB Hedge Fund Activity: Q1 2017 in Review
78 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Norbord Inc. (OSB) for Q1 2017, worth a combined $2B — up 13% from $1.77B a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new OSB positions and 7 closed out — a net gain of 5 holders — while 23 added to existing stakes and 35 trimmed.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $22.3M. The largest seller was Mackenzie Financial, cutting an estimated $14.1M.
- 78 institutional investors held Norbord Inc. (OSB) as of Q1 2017, up from 77 in Q4 2016.
- Funds reported $2B of Norbord Inc. stock for Q1 2017, up 13% quarter-over-quarter.
- 12 funds opened new Norbord Inc. positions in Q1 2017 and 7 closed out, a net change of +5 holders.
- The largest Norbord Inc. buyer in Q1 2017 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $22.3M added.
- The largest Norbord Inc. seller in Q1 2017 was Mackenzie Financial, an estimated $14.1M sold.
Based on aggregated 13F filings for Q1 2017.