Norbord Inc.
OSB
OSB was delisted on the 29th of January, 2021.
88 hedge funds and large institutions have $1.53B invested in Norbord Inc. in 2020 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 34 reducing their positions, and 19 closing their positions.
95% more call options, than puts
Call options by funds: $2M | Put options by funds: $1.03M
90% more capital invested
Capital invested by funds: $805M → $1.53B (+$726M)
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
5% less funds holding
Funds holding: 93 → 88 (-5)
15% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 34
26% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$13.8M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$13.7M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$8.04M |
| 4 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
+$6.39M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$10.3M |
| 2 |
VI
Vestcor Inc
Fredericton,
New Brunswick, Canada
|
-$9.63M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$6.77M |
| 4 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$4.62M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Two Sigma Investments
New York
| – | -$194K | -16,383 | Closed |
|
|
PP
102
Paloma Partners
Greenwich,
Connecticut
| – | -$189K | -15,975 | Closed |
|
|
FC
103
FORA Capital
Miami,
Florida
| – | -$54K | -4,535 | Closed |
|
|
OAM
104
Oppenheimer Asset Management
New York
| – | -$24K | -2,038 | Closed |
|
|
QT
105
Quantbot Technologies
New York
| – | -$18K | -1,573 | Closed |
|
106
Barclays
London,
United Kingdom
| – | -$8K | -669 | Closed |
|
107
Osaic Holdings
Scottsdale,
Arizona
| – | -$1K | -123 | Closed |
|
OSB Hedge Fund Activity: Q2 2020 in Review
88 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Norbord Inc. (OSB) for Q2 2020, worth a combined $1.53B — up 90% from $805M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of OSB and 14 opened new positions — a net loss of 5 holders — while 34 trimmed existing stakes and 29 added.
The largest buyer was Canada Life, adding an estimated $13.8M. The largest seller was KGH Ltd, cutting an estimated $10.3M.
- 88 institutional investors held Norbord Inc. (OSB) as of Q2 2020, down from 93 in Q1 2020.
- Funds reported $1.53B of Norbord Inc. stock for Q2 2020, up 90% quarter-over-quarter.
- 14 funds opened new Norbord Inc. positions in Q2 2020 and 19 closed out, a net change of -5 holders.
- The largest Norbord Inc. buyer in Q2 2020 was Canada Life, an estimated $13.8M added.
- The largest Norbord Inc. seller in Q2 2020 was KGH Ltd, an estimated $10.3M sold.
Based on aggregated 13F filings for Q2 2020.