Norbord Inc.
OSB
OSB was delisted on the 29th of January, 2021.
97 hedge funds and large institutions have $1.78B invested in Norbord Inc. in 2019 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 31 increasing their positions, 36 reducing their positions, and 14 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
9% more funds holding
Funds holding: 89 → 97 (+8)
3% less capital invested
Capital invested by funds: $1.83B → $1.78B (-$48.3M)
14% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 36
100% less call options, than puts
Call options by funds: $27K | Put options by funds: $8.15M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$23.9M |
| 2 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$20.3M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$9.63M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$7.74M |
| 5 |
PIC
PCJ Investment Counsel
Toronto,
Ontario, Canada
|
+$7.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$40.4M |
| 2 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
-$8.93M |
| 3 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$8.58M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.46M |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$6.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Acadian Asset Management
Boston,
Massachusetts
| – | -$718K | -29,938 | Closed |
|
|
LAM
102
Lingohr Asset Management
Duesseldorf,
Germany
| – | -$518K | -21,615 | Closed |
|
|
QC
103
Quadrature Capital
London,
United Kingdom
| – | -$388K | -16,200 | Closed |
|
|
RL
104
Ruffer LLP
London,
United Kingdom
| – | -$276K | -11,500 | Closed |
|
|
QI
105
QS Investors
New York
| – | -$225K | -9,400 | Closed |
|
106
Allianz Asset Management
Munich,
Germany
| – | -$207K | -8,613 | Closed |
|
107
HSBC Holdings
London,
United Kingdom
| – | -$229K | -7,212 | Closed |
|
|
AAM
108
Advisors Asset Management
Monument,
Colorado
| – | -$98K | -4,093 | Closed |
|
109
Barclays
London,
United Kingdom
| – | -$34K | -1,440 | Closed |
|
|
TC
110
Truvestments Capital
Sarasota,
Florida
| – | -$20K | -822 | Closed |
|
OSB Hedge Fund Activity: Q4 2019 in Review
97 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Norbord Inc. (OSB) for Q4 2019, worth a combined $1.78B — down 2.6% from $1.83B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new OSB positions and 14 closed out — a net gain of 8 holders — while 31 added to existing stakes and 36 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $23.9M. The largest seller was Fidelity International, cutting an estimated $40.4M.
- 97 institutional investors held Norbord Inc. (OSB) as of Q4 2019, up from 89 in Q3 2019.
- Funds reported $1.78B of Norbord Inc. stock for Q4 2019, down 2.6% quarter-over-quarter.
- 22 funds opened new Norbord Inc. positions in Q4 2019 and 14 closed out, a net change of +8 holders.
- The largest Norbord Inc. buyer in Q4 2019 was Bank of New York Mellon, an estimated $23.9M added.
- The largest Norbord Inc. seller in Q4 2019 was Fidelity International, an estimated $40.4M sold.
Based on aggregated 13F filings for Q4 2019.