CORNING INC GLW
COM · Common Stock · CUSIP 219350105 · ISIN US2193501051
American manufacturer of glass & ceramics
- SectorMaterials
- IndustryDrawing & Insulating of Nonferrous Wire
- HeadquartersCorning, NY
- Founded1851
- Websitecorning.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($139.2m this quarter). Holder counts are more reliable. Shares outstanding: 856.6m as of 2025-01-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $47.47. Options: 38 managers hold calls ($625.4m notional), 35 hold puts ($229.7m).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,120 |
| Q4 2022 | 1,165 |
| Q1 2023 | 1,177 |
| Q2 2023 | 1,161 |
| Q3 2023 | 1,143 |
| Q4 2023 | 1,195 |
| Q1 2024 | 1,195 |
| Q2 2024 | 1,279 |
| Q3 2024 | 1,361 |
| Q4 2024 | 1,478 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 516 | 487 |
| Q2 2023 | 503 | 523 |
| Q3 2023 | 487 | 527 |
| Q4 2023 | 445 | 582 |
| Q1 2024 | 514 | 542 |
| Q2 2024 | 598 | 524 |
| Q3 2024 | 615 | 588 |
| Q4 2024 | 608 | 613 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $259.3m | $114.9m | 0.44 |
| Q2 2024 | $439.3m | $208.4m | 0.47 |
| Q3 2024 | $566.4m | $275.8m | 0.49 |
| Q4 2024 | $625.4m | $229.7m | 0.37 |
Biggest buyers
| Polar Capital Holdings Plc | New | +2.6m |
| Amundi | Added | +2.3m |
| Mariner, LLC | Added | +2.2m |
| MILLENNIUM MANAGEMENT LLC | Added | +2.2m |
| BlackRock, Inc. | Added | +2.1m |
| UBS Group AG | Added | +1.8m |
| APPALOOSA LP | New | +1.5m |
| MORGAN STANLEY | Added | +1.2m |
| CITADEL ADVISORS LLC | Added | +1.0m |
| WORLDQUANT MILLENNIUM ADVISORS LLC | New | +962.8k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -17.6m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -10.6m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -4.6m |
| FMR LLC | Reduced | -2.7m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Reduced | -2.0m |
| FIL Ltd | Reduced | -1.2m |
| Balyasny Asset Management L.P. | Reduced | -1.1m |
| MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH | Sold out | -1.1m |
| Pathway Financial Advisers, LLC | Reduced | -1.0m |
| NEUBERGER BERMAN GROUP LLC | Reduced | -625.1k |
Biggest calls
| MAPLELANE CAPITAL, LLC | New | $103.6m2.2m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $81.8m1.7m shares |
| CITADEL ADVISORS LLC | Added | $80.4m1.7m shares |
| PEAK6 LLC | First filing | $48.8m1.0m shares |
| UBS Group AG | Reduced | $45.3m953.1k shares |
| Balyasny Asset Management L.P. | New | $39.2m825.0k shares |
| SIMPLEX TRADING, LLC | Added | $38.5m809.4k shares |
| GROUP ONE TRADING LLC | Reduced | $35.8m754.2k shares |
| AIGH Capital Management LLC | Unchanged | $32.1m675.0k shares |
| IMC-Chicago, LLC | Reduced | $19.1m402.9k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $43.9m923.3k shares |
| UBS Group AG | Unchanged | $43.6m916.7k shares |
| Portman Square Capital LLP | Reduced | $16.2m340.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $14.4m303.0k shares |
| Squarepoint Ops LLC | Added | $12.4m260.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $12.0m253.1k shares |
| Verition Fund Management LLC | Added | $7.4m155.8k shares |
| IMC-Chicago, LLC | Reduced | $7.4m155.7k shares |
| Genus Capital Management Inc. | New | $6.8m143.2k shares |
| PEAK6 LLC | First filing | $6.7m141.1k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Samsung Display Co., Ltd. 13G · passive investor -0.4 pts · filed 2025-09-10 | 7.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.8% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2023 | 0 | — | 4 | $6.0m | — |
| Q2 2023 | 0 | — | 6 | $4.4m | $1.2m |
| Q3 2023 | 0 | — | 2 | $4.0m | — |
| Q4 2023 | 0 | — | 1 | $866.3k | — |
| Q1 2024 | 0 | — | 5 | $1.7m | — |
| Q2 2024 | 0 | — | 7 | $7.8m | $705.3k |
| Q3 2024 | 0 | — | 4 | $3.6m | $84.9k |
| Q4 2024 | 0 | — | 7 | $12.2m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-11-25 | Bayne John P JR Retired Senior Vice President | Sold | $435.7k8.9k shares |
| 2024-11-22 | Bayne John P JR Retired Senior Vice President · By Trust | Sold | $241.9k5.0k shares |
| 2024-11-21 | Curran Martin J Retired Executive VP · By Trust | Sold | $2.4m50.0k shares |
| 2024-11-13 | Zhang John Z SVP&GM Glass Innov. & Asia | Sold | $250.3k5.2k shares |
| 2024-11-12 | Curran Martin J Retired Executive VP · By Trust | Sold | $493.0k10.2k shares |
| 2024-11-01 | STEVERSON LEWIS A EVP and CLAO | Sold | $774.2k16.1k shares |
| 2024-10-31 | WEEKS WENDELL P Chairman and CEO, director | Sold | $4.8m100.0k shares |
| 2024-10-30 | Musser Eric S President and COO | Sold | $3.6m74.6k shares |
| 2024-10-30 | Becker Stefan SVP, Finance & Controller | Sold | $1.2m24.1k shares |
| 2024-10-30 | Schlesinger Edward A Exec. Vice President and CFO | Sold | $1.1m21.9k shares |
| 2024-10-30 | Fang Li SVP, Corning Intl & NBD, Solar | Sold | $444.1k9.2k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.08% of their portfolio | 99.9m $4.7bn | Added +916.5k |
| BlackRock, Inc. 0.06% of their portfolio | 63.3m $3.0bn | Added +2.1m |
| STATE STREET CORP 0.06% of their portfolio | 34.6m $1.6bn | Added +653.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.25% of their portfolio | 28.6m $1.4bn | Reduced -10.6m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.15% of their portfolio | 27.3m $1.3bn | Reduced -4.6m |
| GEODE CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 18.5m $875.6m | Added +533.7k |
| MORGAN STANLEY 0.05% of their portfolio | 15.5m $736.1m | Added +1.2m |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.60% of their portfolio | 13.9m $661.5m | Reduced -111.5k |
| AMERIPRISE FINANCIAL INC 0.16% of their portfolio | 13.5m $641.2m | Reduced -184.4k |
| BANK OF AMERICA CORP /DE/ 0.06% of their portfolio | 13.4m $634.5m | Reduced -590.7k |
| JPMORGAN CHASE & CO 0.05% of their portfolio | 12.9m $610.9m | Reduced -17.6m |
| NORTHERN TRUST CORP 0.07% of their portfolio | 10.9m $516.6m | Added +208.8k |
| NORGES BANK 0.06% of their portfolio | 10.3m $490.9m | Added +593.6k |
| DIMENSIONAL FUND ADVISORS LP 0.11% of their portfolio | 9.8m $465.7m | Added +78.5k |
| PRIMECAP MANAGEMENT CO/CA/ 0.31% of their portfolio | 8.3m $395.6m | Reduced -232.8k |
| Bank of New York Mellon Corp 0.06% of their portfolio | 6.3m $297.8m | Reduced -308.0k |
| Invesco Ltd. 0.05% of their portfolio | 6.0m $287.4m | Added +293.7k |
| FIL Ltd 0.25% of their portfolio | 5.5m $263.4m | Reduced -1.2m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio | 5.3m $251.2m | Added +303.6k |
| Legal & General Group Plc 0.07% of their portfolio | 5.2m $245.9m | Reduced -163.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 4.9m $234.7m | Added +84.9k |
| UBS Group AG 0.05% of their portfolio | 4.5m $215.6m | Added +1.8m |
| CITADEL ADVISORS LLC 0.19% of their portfolio | 4.4m $208.2m | Added +1.0m |
| Slate Path Capital LP 3.53% of their portfolio | 4.1m $195.4m | Unchanged |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.06% of their portfolio | 4.1m $193.9m | Reduced -524.0k |
| ROYAL BANK OF CANADA 0.04% of their portfolio | 3.9m $187.3m | Reduced -302.9k |
| Amundi 0.06% of their portfolio | 3.9m $186.2m | Added +2.3m |
| Mariner, LLC 0.31% of their portfolio | 3.9m $183.9m | Added +2.2m |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 3.5m $167.1m | Reduced -359.3k |
| California Public Employees Retirement System 0.11% of their portfolio | 3.5m $165.0m | Reduced -62.6k |
| STIFEL FINANCIAL CORP 0.16% of their portfolio | 3.3m $156.5m | Added +483.2k |
| MILLENNIUM MANAGEMENT LLC 0.12% of their portfolio | 2.9m $135.6m | Added +2.2m |
| DEUTSCHE BANK AG\ 0.05% of their portfolio | 2.8m $133.0m | Added +202.5k |
| Polar Capital Holdings Plc 0.70% of their portfolio | 2.6m $124.3m | New |
| Bahl & Gaynor LLC 0.65% of their portfolio | 2.6m $122.7m | Reduced -59.7k |
| Nuveen Asset Management, LLC 0.03% of their portfolio | 2.4m $111.9m | Reduced -8.2k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.45% of their portfolio | 2.3m $109.9m | Added +635.0k |
| WELLS FARGO & COMPANY/MN 0.03% of their portfolio | 2.3m $109.5m | Added +161.2k |
| Swiss National Bank 0.07% of their portfolio | 2.3m $109.1m | Reduced -119.0k |
| NEUBERGER BERMAN GROUP LLC 0.08% of their portfolio | 2.1m $101.4m | Reduced -625.1k |
| RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio | 1.9m $92.5m | First filing |
| Sumitomo Mitsui Trust Group, Inc. 0.06% of their portfolio | 1.9m $91.4m | Reduced -14.1k |
| Point72 Asset Management, L.P. 0.23% of their portfolio | 1.8m $85.1m | Reduced -51.0k |
| Squarepoint Ops LLC 0.22% of their portfolio | 1.8m $84.8m | Reduced -35.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.07% of their portfolio | 1.8m $84.5m | Added +692.3k |
| MARSHALL WACE, LLP 0.10% of their portfolio | 1.6m $77.3m | Added +723.6k |
| BARCLAYS PLC 0.04% of their portfolio | 1.6m $74.6m | Reduced -323.6k |
| APPALOOSA LP 1.10% of their portfolio | 1.5m $71.3m | New |
| Assenagon Asset Management S.A. 0.13% of their portfolio | 1.5m $69.8m | Added +329.9k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 1.5m $69.6m | Added +730.8k |
| BOWEN HANES & CO INC 1.84% of their portfolio | 1.4m $68.6m | Added +160.0k |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 1.4m $68.1m | Added +40.5k |
| National Pension Service 0.06% of their portfolio | 1.4m $68.0m | Reduced -78.4k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 1.3m $62.3m | Added +31.9k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.12% of their portfolio | 1.3m $60.7m | Added +14.6k |
| RHUMBLINE ADVISERS 0.05% of their portfolio | 1.3m $60.6m | Reduced -10.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.06% of their portfolio | 1.3m $59.7m | Added +66.5k |
| DNB Asset Management AS 0.26% of their portfolio | 1.3m $59.5m | Added +168.9k |
| Focus Partners Wealth 0.07% of their portfolio | 1.2m $57.3m | Added +668.0k |
| LMR Partners LLP 0.99% of their portfolio | 1.2m $57.0m | Added +700.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio | 1.2m $55.7m | Added +413.5k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 1.1m $52.8m | Reduced -156.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 1.1m $52.8m | Reduced -27.4k |
| LPL Financial LLC 0.02% of their portfolio | 1.1m $52.6m | Added +19.8k |
| COOKSON PEIRCE & CO INC 2.17% of their portfolio | 1.0m $48.0m | Added +692.4k |
| FMR LLC 0.00% of their portfolio | 1.0m $47.8m | Reduced -2.7m |
| CITIGROUP INC 0.05% of their portfolio | 1.0m $47.6m | Reduced -548.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 965.6k $45.9m | Reduced -110.0k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.30% of their portfolio | 962.8k $45.8m | New |
| SHUFRO ROSE & CO LLC 3.46% of their portfolio | 932.4k $44.3m | Reduced -31.7k |
| APG Asset Management N.V. 0.12% of their portfolio | 922.7k $42.3m | Added +426.8k |
| Minneapolis Portfolio Management Group, LLC 5.76% of their portfolio | 918.9k $43.7m | Added +3.2k |
| MAPLELANE CAPITAL, LLC 4.62% of their portfolio | 895.0k $42.5m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 877.3k $41.7m | Reduced -13.6k |
| NISA INVESTMENT ADVISORS, LLC 0.16% of their portfolio | 856.9k $40.7m | Added +592.2k |
| YACKTMAN ASSET MANAGEMENT LP 0.47% of their portfolio | 852.0k $40.5m | Reduced -318.0k |
| SHAPIRO CAPITAL MANAGEMENT LLC 1.35% of their portfolio | 837.5k $39.8m | Reduced -582.4k |
| TD Asset Management Inc 0.03% of their portfolio | 813.2k $38.6m | Reduced -33.1k |
| Woodline Partners LP 0.26% of their portfolio | 793.9k $37.7m | Added +649.4k |
| RNC CAPITAL MANAGEMENT LLC 1.99% of their portfolio | 785.2k $37.3m | Reduced -349.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.07% of their portfolio | 785.0k $37.3m | Reduced -62.0k |
| Cullen/Frost Bankers, Inc. 0.51% of their portfolio | 780.7k $37.1m | Added +2.6k |
| CACTI ASSET MANAGEMENT LLC 2.77% of their portfolio | 778.1k $36.8m | Reduced -500 |
| Randolph Co Inc 4.12% of their portfolio | 775.0k $36.8m | Reduced -34 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 743.8k $35.3m | Added +547.2k |
| CONNING INC. 1.23% of their portfolio | 736.0k $35.0m | Reduced -145.0k |
| Burns Matteson Capital Management, LLC 8.15% of their portfolio | 734.0k $14.5m | Reduced -95.9k |
| CAPITAL ADVISORS INC/OK 0.68% of their portfolio | 722.5k $34.3m | Added +18.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.06% of their portfolio | 719.9k $34.2m | Added +69.0k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 691.7k $32.9m | Reduced -2.0m |
| COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio | 688.1k $32.7m | Reduced -31.7k |
| STRS OHIO 0.13% of their portfolio | 678.1k $32.2m | Added +200.4k |
| Verity & Verity, LLC 2.88% of their portfolio | 664.3k $31.6m | Added +17.8k |
| HighTower Advisors, LLC 0.04% of their portfolio | 647.4k $30.8m | Added +577 |
| COMERICA BANK 0.12% of their portfolio | 646.0k $30.7m | Reduced -23.6k |
| CANADA LIFE ASSURANCE Co 0.05% of their portfolio | 628.4k $29.8m | Reduced -80.5k |
| PNC Financial Services Group, Inc. 0.02% of their portfolio | 626.1k $29.8m | Added +1.6k |
| JOHN G ULLMAN & ASSOCIATES INC 4.34% of their portfolio | 620.9k $29.5m | Reduced -49.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.06% of their portfolio | 614.8k $29.2m | Reduced -16.9k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.35% of their portfolio | 613.2k $29.1m | Added +4.4k |