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OSB

Norbord Inc.
OSB

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 7177 (+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: 43 (-1)

Holders
77
Holders Change
+6
Holders Change %
+8.45%
% of All Funds
2.05%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.08%
New
17
Increased
22
Reduced
27
Closed
9
Calls
$545K
Puts
$311K
Net Calls
+$234K
Net Calls Change
-$167K
Name Holding Trade Value Shares
Change
Change in
Stake
BC
1
Brookfield Corp
Ontario, Canada
$1.17B +$24 +1 +0%
LBA
2
Letko, Brosseau & Associates
Quebec, Canada
$110M +$370K +15,582 +0.4%
TD Asset Management
3
TD Asset Management
Ontario, Canada
$58.7M +$378K +15,950 +0.7%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$50.2M +$34M +1,431,300 +274%
Connor, Clark & Lunn Investment Management (CC&L)
5
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$48.3M +$16.1M +678,250 +56%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$46.5M +$12.2M +514,823 +40%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$40.5M -$16M -675,966 -30%
IGIM
8
I.G. Investment Management
Manitoba, Canada
$32.9M +$9.41M +396,507 +45%
Mackenzie Financial
9
Mackenzie Financial
Ontario, Canada
$29.8M -$2.78M -117,000 -9%
Goldman Sachs
10
Goldman Sachs
New York
$20.1M -$10M -423,204 -35%
Vanguard Group
11
Vanguard Group
Pennsylvania
$19.5M +$742K +31,283 +4%
HIM
12
Hillsdale Investment Management
Ontario, Canada
$16.1M +$14.8M +624,700 +78,088%
AIMCA
13
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$13.1M +$911K +38,400 +11%
Canada Pension Plan Investment Board
14
Canada Pension Plan Investment Board
Ontario, Canada
$11.7M +$2.88M +121,400 +36%
Bank of Montreal
15
Bank of Montreal
Ontario, Canada
$11M -$222K -9,359 -2%
RR
16
Robotti Robert
$10.7M -$152K -6,410 -2%
CP
17
Covalent Partners
Massachusetts
$8.99M -$5.8M -244,287 -41%
Manulife (Manufacturers Life Insurance)
18
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$8.79M -$699K -29,454 -8%
CIBC World Market
19
CIBC World Market
Ontario, Canada
$7.69M +$2.16M +91,150 +44%
Public Sector Pension Investment Board (PSP Investments)
20
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$7.07M -$104K -4,400 -2%
Norges Bank
21
Norges Bank
Norway
$6.8M
Arrowstreet Capital
22
Arrowstreet Capital
Massachusetts
$5.76M +$5.32M +224,076 New
Two Sigma Investments
23
Two Sigma Investments
New York
$5.37M +$4.95M +208,788 New
WCA
24
Waratah Capital Advisors
Ontario, Canada
$4.89M -$6M -253,080 -57%
CIBC Asset Management
25
CIBC Asset Management
Ontario, Canada
$4.61M -$1.07M -45,072 -20%

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.