Norbord Inc.
OSB
OSB was delisted on the 29th of January, 2021.
93 hedge funds and large institutions have $805M invested in Norbord Inc. in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 36 increasing their positions, 32 reducing their positions, and 18 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 32
4% less funds holding
Funds holding: 97 → 93 (-4)
17% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 18
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
55% less capital invested
Capital invested by funds: $1.78B → $805M (-$973M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $130K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$37.7M |
| 2 |
VI
Vestcor Inc
Fredericton,
New Brunswick, Canada
|
+$13.2M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$8.85M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.63M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$6.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
-$11M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$8.92M |
| 3 |
Morgan Stanley
New York
|
-$6.25M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$6.07M |
| 5 |
Two Sigma Advisers
New York
|
-$5.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Geode Capital Management
Boston,
Massachusetts
| – | -$703K | -21,712 | Closed |
|
102
Marshall Wace
London,
United Kingdom
| – | -$520K | -19,401 | Closed |
|
|
ARTA
103
A.R.T. Advisors
New York
| – | -$411K | -15,385 | Closed |
|
|
GC
104
Guggenheim Capital
Chicago,
Illinois
| – | -$340K | -12,738 | Closed |
|
|
IFWM
105
Institute for Wealth Management
Denver,
Colorado
| – | -$331K | -12,400 | Closed |
|
|
TI
106
Trexquant Investment
Stamford,
Connecticut
| – | -$325K | -12,141 | Closed |
|
|
ECM
107
ExodusPoint Capital Management
New York
| – | -$272K | -10,192 | Closed |
|
108
Walleye Trading
New York
| – | -$257K | -9,614 | Closed |
|
|
AC
109
Aristides Capital
Louisville,
Kentucky
| – | -$250K | -9,369 | Closed |
|
110
Arrowstreet Capital
Boston,
Massachusetts
| – | -$249K | -9,329 | Closed |
|
|
WAM
111
Weiss Asset Management
Boston,
Massachusetts
| – | -$247K | -9,237 | Closed |
|
OSB Hedge Fund Activity: Q1 2020 in Review
93 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Norbord Inc. (OSB) for Q1 2020, worth a combined $805M — down 55% from $1.78B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of OSB and 15 opened new positions — a net loss of 3 holders — while 32 trimmed existing stakes and 36 added.
The largest buyer was Fidelity International, adding an estimated $37.7M. The largest seller was APG Asset Management, cutting an estimated $11M.
- 93 institutional investors held Norbord Inc. (OSB) as of Q1 2020, down from 97 in Q4 2019.
- Funds reported $805M of Norbord Inc. stock for Q1 2020, down 55% quarter-over-quarter.
- 15 funds opened new Norbord Inc. positions in Q1 2020 and 18 closed out, a net change of -3 holders.
- The largest Norbord Inc. buyer in Q1 2020 was Fidelity International, an estimated $37.7M added.
- The largest Norbord Inc. seller in Q1 2020 was APG Asset Management, an estimated $11M sold.
Based on aggregated 13F filings for Q1 2020.