Norbord Inc.
OSB
OSB was delisted on the 29th of January, 2021.
106 hedge funds and large institutions have $2.31B invested in Norbord Inc. in 2017 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 44 increasing their positions, 27 reducing their positions, and 10 closing their positions.
190% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 10
63% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 27
43% more call options, than puts
Call options by funds: $1.36M | Put options by funds: $954K
20% more funds holding
Funds holding: 88 → 106 (+18)
13% less capital invested
Capital invested by funds: $2.64B → $2.31B (-$331M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$33.5M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$28.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$23.8M |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$19.9M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$253M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$13.4M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$10.5M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.4M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$4.1M |
OSB Hedge Fund Activity: Q4 2017 in Review
106 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Norbord Inc. (OSB) for Q4 2017, worth a combined $2.31B — down 13% from $2.64B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new OSB positions and 10 closed out — a net gain of 19 holders — while 44 added to existing stakes and 27 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $33.5M. The largest seller was Brookfield Corp, cutting an estimated $253M.
- 106 institutional investors held Norbord Inc. (OSB) as of Q4 2017, up from 88 in Q3 2017.
- Funds reported $2.31B of Norbord Inc. stock for Q4 2017, down 13% quarter-over-quarter.
- 29 funds opened new Norbord Inc. positions in Q4 2017 and 10 closed out, a net change of +19 holders.
- The largest Norbord Inc. buyer in Q4 2017 was Arrowstreet Capital, an estimated $33.5M added.
- The largest Norbord Inc. seller in Q4 2017 was Brookfield Corp, an estimated $253M sold.
Based on aggregated 13F filings for Q4 2017.