ASHLAND INC ASH
COM · Common Stock · CUSIP 044186104 · ISIN US0441861046
- SectorIndustrials
- IndustryWholesale-Chemicals & Allied Products
- HeadquartersWilmington, DE
- Founded1924
- Websiteashland.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 ($7.8m this quarter). Holder counts are more reliable. Shares outstanding: 48.8m as of 2024-06-30, 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 ≈ $94.50. Options: 7 managers hold calls ($5.1m notional), 7 hold puts ($3.9m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 337 |
| Q4 2022 | 371 |
| Q1 2023 | 358 |
| Q2 2023 | 339 |
| Q3 2023 | 327 |
| Q4 2023 | 336 |
| Q1 2024 | 373 |
| Q2 2024 | 381 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 167 | 125 |
| Q1 2023 | 135 | 170 |
| Q2 2023 | 138 | 198 |
| Q3 2023 | 145 | 168 |
| Q4 2023 | 144 | 158 |
| Q1 2024 | 177 | 145 |
| Q2 2024 | 178 | 160 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $6.2m | $9.8m | 1.58 |
| Q4 2023 | $8.6m | $10.6m | 1.24 |
| Q1 2024 | $6.7m | $9.3m | 1.39 |
| Q2 2024 | $5.1m | $3.9m | 0.77 |
Biggest buyers
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +198.9k |
| ExodusPoint Capital Management, LP | Added | +197.8k |
| VANGUARD GROUP INC | Added | +186.0k |
| STRS OHIO | New | +166.5k |
| AQR CAPITAL MANAGEMENT LLC | Added | +162.8k |
| AMERICAN CENTURY COMPANIES INC | Added | +112.2k |
| JANE STREET GROUP, LLC | Added | +107.0k |
| DIMENSIONAL FUND ADVISORS LP | Added | +87.0k |
| BANK OF AMERICA CORP /DE/ | Added | +79.5k |
| EAGLE ASSET MANAGEMENT INC | Added | +75.4k |
Biggest sellers
| MORGAN STANLEY | Reduced | -764.0k |
| Invesco Ltd. | Reduced | -389.5k |
| FRANKLIN RESOURCES INC | Reduced | -352.9k |
| Balyasny Asset Management L.P. | Sold out | -271.9k |
| Coronation Fund Managers Ltd. | Sold out | -217.6k |
| NATIXIS ADVISORS, LLC | Reduced | -201.6k |
| STATE STREET CORP | Reduced | -196.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -158.3k |
| CARDINAL CAPITAL MANAGEMENT LLC /CT | Reduced | -156.2k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -148.5k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $3.8m39.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $973.2k10.3k shares |
| Walleye Trading LLC | Reduced | $217.3k2.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $94.0k1.0k shares |
| Walleye Capital LLC | Reduced | $75.6k800 shares |
| BANK OF MONTREAL /CAN/ | New | $29.4k300 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.3m13.5k shares |
| MILLENNIUM MANAGEMENT LLC | New | $982.7k10.4k shares |
| Walleye Capital LLC | Reduced | $661.4k7.0k shares |
| Walleye Trading LLC | Reduced | $519.7k5.5k shares |
| CITADEL ADVISORS LLC | Reduced | $472.4k5.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $28.0k300 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 |
|---|---|
| BlackRock, Inc. 13G · institution +3.3 pts · filed 2026-07-08 | 12.3% |
Standard Investments LLC
13D · may seek influence
+1.1 pts · filed 2026-05-18
Stated purposeItem 4 is amended and supplemented by adding the following: The Reporting Persons acquired additional Shares as disclosed in Item 5(c) below because they believe the Shares represent an attractive investment opportunity. Full filing |
8.9% |
| COOPERMAN LEON G 13G · passive investor new · filed 2026-08-05 | 6.4% |
| FRANKLIN TEMPLETON INC 13G · institution -2.3 pts · filed 2026-10-28 | 5.6% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution +0.6 pts · filed 2026-04-09 | 5.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.4% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: MASSACHUSETTS FINANCIAL SERVICES CO /MA/ (4.5%, 2026-08-12), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), AQR CAPITAL MANAGEMENT LLC (5.0%, 2026-02-12)
Insider purchases and sales in Q2 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 |
|---|---|---|---|---|---|
| Q3 2022 | 1 | $22.5m | 1 | $22.5m | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $680.7k | $680.7k |
| Q4 2023 | 0 | — | 1 | $69.4k | $69.4k |
| Q1 2024 | 0 | — | 1 | $78.1k | $78.1k |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 5.0m $474.4m | Added +186.0k |
| BlackRock Inc. 0.01% of their portfolio | 4.5m $422.8m | Reduced -51.9k |
| EMINENCE CAPITAL, LP 4.81% of their portfolio | 3.2m $298.1m | Reduced -131.1k |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 2.8m $262.0m | Added +87.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.07% of their portfolio | 2.3m $218.7m | Added +198.9k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.78% of their portfolio | 1.9m $182.1m | Reduced -2.6k |
| Clearbridge Investments, LLC 0.13% of their portfolio | 1.8m $166.1m | Reduced -48.5k |
| STATE STREET CORP 0.01% of their portfolio | 1.7m $156.1m | Reduced -196.9k |
| Allspring Global Investments Holdings, LLC 0.25% of their portfolio | 1.6m $154.4m | Reduced -24.4k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.2m $118.0m | Reduced -16.2k |
| NEUBERGER BERMAN GROUP LLC 0.09% of their portfolio | 1.2m $109.3m | Reduced -74.3k |
| COOPERMAN LEON G 3.92% of their portfolio | 982.0k $92.8m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 825.3k $78.0m | Added +16.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 691.6k $65.3m | Added +7.1k |
| 1832 Asset Management L.P. 0.11% of their portfolio | 671.9k $63.5m | Added +14.9k |
| DEPRINCE RACE & ZOLLO INC 1.22% of their portfolio | 581.2k $54.9m | Added +13.6k |
| Newport Trust Company, LLC 0.13% of their portfolio | 560.2k $52.9m | Reduced -15.3k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 547.9k $51.8m | Added +6.6k |
| JANUS HENDERSON GROUP PLC 0.03% of their portfolio | 543.5k $51.4m | Reduced -3.3k |
| Ceredex Value Advisors LLC 0.92% of their portfolio | 517.5k $48.9m | Reduced -92.7k |
| Boston Partners 0.06% of their portfolio | 498.5k $47.1m | Added +69.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio | 468.5k $44.3m | Added +4.8k |
| MACQUARIE GROUP LTD 0.05% of their portfolio | 461.1k $43.6m | Reduced -49.9k |
| CRAMER ROSENTHAL MCGLYNN LLC 2.38% of their portfolio | 429.4k $40.6m | Reduced -27.1k |
| Invesco Ltd. 0.01% of their portfolio | 416.8k $39.4m | Reduced -389.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 414.5k $39.2m | Added +79.5k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 405.0k $38.3m | Added +36.1k |
| MORGAN STANLEY 0.00% of their portfolio | 374.4k $35.4m | Reduced -764.0k |
| NewEdge Wealth, LLC 0.73% of their portfolio | 354.8k $33.5m | Added +3.8k |
| ExodusPoint Capital Management, LP 0.32% of their portfolio | 305.7k $28.9m | Added +197.8k |
| WCM INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio | 289.7k $27.3m | Reduced -937 |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 279.4k $26.4m | Added +63.3k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 261.8k $24.7m | Reduced -352.9k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 227.8k $21.5m | Reduced -158.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 203.3k $19.2m | Added +264 |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.20% of their portfolio | 192.9k $18.2m | Reduced -2.7k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 189.2k $17.9m | Added +162.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 167.0k $15.8m | Reduced -21.7k |
| STRS OHIO 0.06% of their portfolio | 166.5k $15.7m | New |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 158.6k $15.0m | Reduced -12.0k |
| HANTZ FINANCIAL SERVICES, INC. 0.28% of their portfolio | 151.8k $14.3m | Reduced -2.8k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 150.9k $14.3m | Reduced -2.8k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 149.8k $14.2m | Reduced -90.3k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.09% of their portfolio | 144.2k $13.6m | Reduced -2.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 143.0k $13.5m | Added +38.6k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 139.7k $13.2m | Added +112.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.05% of their portfolio | 125.2k $11.8m | Unchanged |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 122.4k $11.6m | Added +993 |
| Man Group plc 0.03% of their portfolio | 118.9k $11.2m | Reduced -23.7k |
| EAGLE ASSET MANAGEMENT INC 0.06% of their portfolio | 116.8k $10.8m | Added +75.4k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 115.9k $11.0m | Added +107.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 114.0k $10.8m | Added +70.9k |
| First Eagle Investment Management, LLC 0.02% of their portfolio | 112.2k $10.6m | Added +22.6k |
| GUGGENHEIM CAPITAL LLC 0.07% of their portfolio | 107.6k $10.2m | Added +2.8k |
| LOOMIS SAYLES & CO L P 0.01% of their portfolio | 101.9k $9.6m | Added +334 |
| ALTRINSIC GLOBAL ADVISORS LLC 0.42% of their portfolio | 100.8k $9.5m | Reduced -3.6k |
| Legal & General Group Plc 0.00% of their portfolio | 99.8k $9.4m | Reduced -15.7k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 99.8k $9.4m | Added +22.3k |
| California Public Employees Retirement System 0.01% of their portfolio | 95.2k $9.0m | Added +6.9k |
| Swiss National Bank 0.01% of their portfolio | 93.6k $8.8m | Reduced -1.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 89.9k $8.5m | Added +18.6k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 87.6k $8.3m | Added +4.2k |
| TAURUS ASSET MANAGEMENT, LLC 0.77% of their portfolio | 80.0k $7.6m | Reduced -6.0k |
| CLEARFIELD CAPITAL MANAGEMENT LP 6.70% of their portfolio | 78.8k $7.4m | Reduced -22.7k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 77.7k $7.3m | Added +30.5k |
| LUMINUS MANAGEMENT LLC 4.59% of their portfolio | 74.6k $7.0m | Reduced -7.4k |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 74.6k $7.0m | Reduced -201.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 71.1k $6.7m | Reduced -2.0k |
| CASTLEARK MANAGEMENT LLC 0.27% of their portfolio | 70.9k $6.7m | Reduced -600 |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 67.2k $6.4m | New |
| GABELLI FUNDS LLC 0.05% of their portfolio | 65.7k $6.2m | Unchanged |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 65.0k $6.1m | Reduced -213 |
| NISSAY ASSET MANAGEMENT CORP /JAPAN 0.04% of their portfolio | 64.7k $6.1m | Added +7.9k |
| GAMCO INVESTORS, INC. ET AL 0.07% of their portfolio | 64.2k $6.1m | Unchanged |
| Corebridge Financial, Inc. 0.03% of their portfolio | 63.4k $6.0m | First filing |
| Retirement Systems of Alabama 0.02% of their portfolio | 61.9k $5.8m | Reduced -1.0k |
| ATLANTIC INVESTMENT MANAGEMENT, INC. 2.55% of their portfolio | 60.0k $5.7m | Reduced -30.0k |
| GATEWAY INVESTMENT ADVISERS LLC 0.06% of their portfolio | 57.8k $5.5m | Reduced -25 |
| UBS Group AG 0.00% of their portfolio | 51.8k $4.9m | Reduced -3.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 50.7k $4.8m | Reduced -7.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 50.6k $4.8m | New |
| VELA Investment Management, LLC 1.68% of their portfolio | 50.3k $4.7m | Added +231 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 48.8k $4.6m | Added +1.1k |
| Polar Asset Management Partners Inc. 0.12% of their portfolio | 48.5k $4.6m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 48.0k $4.5m | Added +16.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 47.7k $4.5m | Added +8.5k |
| Point72 Europe (London) LLP 0.38% of their portfolio | 47.0k $4.4m | New |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 46.9k $4.4m | Added +11.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 46.6k $4.4m | Reduced -1.8k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 46.4k $4.4m | Reduced -194 |
| ONTARIO TEACHERS PENSION PLAN BOARD 0.04% of their portfolio | 46.1k $4.4m | Reduced -3.1k |
| Concentric Capital Strategies, LP 0.27% of their portfolio | 45.8k $4.3m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 43.7k $4.1m | Added +31.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 43.5k $4.1m | Reduced -705 |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 42.9k $4.1m | Reduced -148.5k |
| Ancora Advisors LLC 0.10% of their portfolio | 41.8k $3.9m | Added +20.6k |
| Quadrature Capital Ltd 0.07% of their portfolio | 41.3k $3.9m | Added +10.6k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 40.0k $3.8m | Added +12.7k |
| Aptus Capital Advisors, LLC 0.07% of their portfolio | 38.2k $3.6m | Added +7.5k |
| Bridgewater Associates, LP 0.02% of their portfolio | 38.1k $3.6m | New |