Norbord Inc.
OSB
OSB was delisted on the 29th of January, 2021.
105 hedge funds and large institutions have $2.01B invested in Norbord Inc. in 2020 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 27 increasing their positions, 36 reducing their positions, and 14 closing their positions.
121% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 14
31% more capital invested
Capital invested by funds: $1.54B → $2.01B (+$474M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
19% more funds holding
Funds holding: 88 → 105 (+17)
25% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 36
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $295K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$15.8M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$13.6M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$12.8M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$8.25M |
| 5 |
D.E. Shaw & Co
New York
|
+$6.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$22M |
| 2 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$18.5M |
| 3 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$15.9M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$10.8M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$10.4M |
OSB Hedge Fund Activity: Q3 2020 in Review
105 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Norbord Inc. (OSB) for Q3 2020, worth a combined $2.01B — up 31% from $1.54B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new OSB positions and 14 closed out — a net gain of 17 holders — while 27 added to existing stakes and 36 trimmed.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $15.8M. The largest seller was Canada Life, cutting an estimated $22M.
- 105 institutional investors held Norbord Inc. (OSB) as of Q3 2020, up from 88 in Q2 2020.
- Funds reported $2.01B of Norbord Inc. stock for Q3 2020, up 31% quarter-over-quarter.
- 31 funds opened new Norbord Inc. positions in Q3 2020 and 14 closed out, a net change of +17 holders.
- The largest Norbord Inc. buyer in Q3 2020 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $15.8M added.
- The largest Norbord Inc. seller in Q3 2020 was Canada Life, an estimated $22M sold.
Based on aggregated 13F filings for Q3 2020.