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 ($3.4m this quarter). Holder counts are more reliable. Shares outstanding: 45.8m as of 2026-06-30, 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 ≈ $65.80. Options: 12 managers hold calls ($38.5m notional), 9 hold puts ($12.5m).
Trends to Q2 2026
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 |
| Q3 2024 | 370 |
| Q4 2024 | 360 |
| Q1 2025 | 368 |
| Q2 2025 | 346 |
| Q3 2025 | 355 |
| Q4 2025 | 332 |
| Q1 2026 | 350 |
| Q2 2026 | 354 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 149 | 199 |
| Q4 2024 | 160 | 189 |
| Q1 2025 | 195 | 164 |
| Q2 2025 | 186 | 179 |
| Q3 2025 | 151 | 190 |
| Q4 2025 | 134 | 208 |
| Q1 2026 | 173 | 142 |
| Q2 2026 | 167 | 181 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $3.9m | $7.9m | 2.05 |
| Q4 2025 | $9.4m | $16.8m | 1.78 |
| Q1 2026 | $6.2m | $10.7m | 1.71 |
| Q2 2026 | $38.5m | $12.5m | 0.32 |
Biggest buyers
| Ancora Advisors LLC | Added | +1.9m |
| Standard Investments LLC | Added | +1.9m |
| FRANKLIN RESOURCES INC | Added | +1.9m |
| BlackRock, Inc. | Added | +1.4m |
| ATLANTIC INVESTMENT MANAGEMENT, INC. | New | +509.0k |
| Point72 Asset Management, L.P. | New | +483.2k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +401.0k |
| STATE STREET CORP | Added | +351.8k |
| NORTHERN TRUST CORP | Added | +274.8k |
| Gotham Asset Management, LLC | Added | +273.2k |
Biggest sellers
| Jefferies Financial Group Inc. | Sold out | -1.9m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -777.2k |
| CITADEL ADVISORS LLC | Sold out | -630.2k |
| Boston Partners | Sold out | -405.7k |
| Woodline Partners LP | Sold out | -343.9k |
| Allspring Global Investments Holdings, LLC | Reduced | -315.8k |
| NATIXIS | Sold out | -300.6k |
| ING GROEP NV | Sold out | -245.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -244.4k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -221.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $11.2m170.5k shares |
| Point72 Asset Management, L.P. | New | $8.6m130.4k shares |
| CITADEL ADVISORS LLC | New | $6.0m91.8k shares |
| SIMPLEX TRADING, LLC | New | $3.3m50.8k shares |
| IMC-Chicago, LLC | New | $2.1m31.4k shares |
| GROUP ONE TRADING LLC | New | $1.8m27.9k shares |
| SUMMIT SECURITIES GROUP LLC | New | $1.6m25.0k shares |
| TUDOR INVESTMENT CORP ET AL | New | $1.1m16.8k shares |
| Caption Management, LLC | New | $981.8k14.9k shares |
| JANE STREET GROUP, LLC | New | $968.6k14.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.1m46.6k shares |
| IMC-Chicago, LLC | Added | $2.9m44.6k shares |
| SUMMIT SECURITIES GROUP LLC | New | $1.6m25.0k shares |
| JANE STREET GROUP, LLC | Reduced | $1.6m24.0k shares |
| SIMPLEX TRADING, LLC | Added | $1.4m20.7k shares |
| CITADEL ADVISORS LLC | Reduced | $975.2k14.8k shares |
| GROUP ONE TRADING LLC | Added | $843.4k12.8k shares |
| Walleye Trading LLC | Reduced | $19.8k300 shares |
| Walleye Capital LLC | New | $19.8k300 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 since 1 Apr 2026
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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 2 | $115.1k | $115.1k |
| Q1 2025 | 2 | $2.2m | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 5.7m $376.4m | Added +1.4m |
| Standard Investments LLC 16.63% of their portfolio | 4.5m $298.2m | Added +1.9m |
| FRANKLIN RESOURCES INC 0.05% of their portfolio | 3.6m $238.3m | Added +1.9m |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 2.5m $163.8m | Reduced -9.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 2.5m $162.3m | Added +267.9k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 2.1m $135.9m | Added +10.5k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio | 2.0m $134.3m | Reduced -777.2k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 1.23% of their portfolio | 2.0m $131.8m | Added +87.2k |
| Ancora Advisors LLC 2.48% of their portfolio | 1.9m $128.2m | Added +1.9m |
| COOPERMAN LEON G 3.52% of their portfolio | 1.9m $124.9m | Added +195.0k |
| STATE STREET CORP 0.00% of their portfolio | 1.9m $124.6m | Added +351.8k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 1.8m $116.8m | Reduced -188.2k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.84% of their portfolio | 1.6m $105.5m | Reduced -149.8k |
| 1832 Asset Management L.P. 0.11% of their portfolio | 1.4m $92.8m | Reduced -6.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.2m $82.4m | Added +401.0k |
| Thrivent Financial for Lutherans 0.11% of their portfolio | 1.0m $67.8m | Reduced -627 |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 919.2k $60.6m | Reduced -221.5k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 760.1k $50.1m | Added +274.8k |
| Empyrean Capital Partners, LP 1.26% of their portfolio | 542.0k $35.7m | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 540.4k $35.6m | Added +114.9k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.05% of their portfolio | 532.6k $35.1m | Added +14.3k |
| ATLANTIC INVESTMENT MANAGEMENT, INC. 17.47% of their portfolio | 509.0k $33.5m | New |
| Point72 Asset Management, L.P. 0.05% of their portfolio | 483.2k $31.8m | New |
| Newport Trust Company, LLC 0.07% of their portfolio | 441.1k $29.1m | Reduced -8.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 398.5k $26.3m | Reduced -47.1k |
| MORGAN STANLEY 0.00% of their portfolio | 379.1k $25.0m | Added +57.1k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 366.3k $24.1m | Reduced -25.2k |
| Gotham Asset Management, LLC 0.06% of their portfolio | 362.3k $23.9m | Added +273.2k |
| CRAMER ROSENTHAL MCGLYNN LLC 1.13% of their portfolio | 338.7k $22.3m | Added +129.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 333.0k $21.9m | Added +24.4k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 304.1k $20.0m | Added +19.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 275.8k $18.2m | Added +98.0k |
| SHAPIRO CAPITAL MANAGEMENT LLC 1.02% of their portfolio | 254.5k $16.8m | Reduced -140.9k |
| UBS Group AG 0.00% of their portfolio | 233.2k $15.4m | Reduced -35.3k |
| Retirement Systems of Alabama 0.04% of their portfolio | 188.2k $12.4m | Reduced -8.7k |
| ALTRINSIC GLOBAL ADVISORS LLC 0.45% of their portfolio | 187.9k $12.4m | Reduced -17.4k |
| HANTZ FINANCIAL SERVICES, INC. 0.17% of their portfolio | 186.4k $12.3m | Added +14.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 185.5k $12.2m | Added +23.3k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 185.5k $12.1m | Added +25.4k |
| GLENMEDE TRUST CO NA 0.05% of their portfolio | 183.7k $12.1m | Reduced -7.6k |
| CANYON CAPITAL ADVISORS LLC 1.34% of their portfolio | 179.0k $11.8m | New |
| MACKENZIE FINANCIAL CORP 0.01% of their portfolio | 175.4k $11.6m | Added +31.4k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 156.5k $10.3m | Added +24.0k |
| Quantinno Capital Management LP 0.01% of their portfolio | 153.5k $10.1m | Added +22.6k |
| CITIGROUP INC 0.00% of their portfolio | 147.2k $9.7m | Reduced -27.2k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 141.5k $9.3m | Added +90.4k |
| Invesco Ltd. 0.00% of their portfolio | 139.1k $9.2m | Reduced -39.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 136.3k $9.0m | Added +17.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 135.7k $8.8m | Added +11.6k |
| Nuveen, LLC 0.00% of their portfolio | 129.1k $8.5m | Added +60.6k |
| FIFTH THIRD BANCORP 0.01% of their portfolio | 128.2k $8.4m | Added +35.7k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 108.6k $7.2m | Reduced -315.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 92.8k $6.1m | Reduced -33.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 90.5k $6.0m | Reduced -43.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 89.2k $5.0m | Added +39.6k |
| Walleye Trading LLC 0.08% of their portfolio | 84.9k $5.6m | Added +80.2k |
| Swiss National Bank 0.00% of their portfolio | 84.9k $5.6m | Reduced -5.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 84.0k $5.5m | Added +44.7k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 83.3k $5.5m | Reduced -25.9k |
| Kingsview Wealth Management, LLC 0.06% of their portfolio | 75.3k $5.0m | New |
| Cruiser Capital Advisors, LLC 2.71% of their portfolio | 66.8k $4.4m | Unchanged |
| Cerity Partners LLC 0.01% of their portfolio | 65.9k $4.3m | Reduced -18.1k |
| Legal & General Group Plc 0.00% of their portfolio | 65.4k $4.3m | Added +3.4k |
| XTX Topco Ltd 0.05% of their portfolio | 62.6k $4.1m | Added +32.1k |
| GAMCO INVESTORS, INC. ET AL 0.04% of their portfolio | 61.6k $4.1m | Reduced -1.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 59.8k $3.9m | Added +18.8k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 59.7k $3.9m | Added +13.7k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 59.0k $3.9m | Reduced -147.8k |
| IEQ CAPITAL, LLC 0.02% of their portfolio | 55.3k $3.6m | Reduced -41.2k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio | 54.8k $3.4m | Reduced -2.5k |
| Quantbot Technologies LP 0.14% of their portfolio | 53.9k $3.6m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 53.5k $3.5m | Reduced -1.6k |
| GABELLI FUNDS LLC 0.02% of their portfolio | 52.7k $3.5m | Reduced -3.0k |
| Oak Thistle LLC 0.33% of their portfolio | 52.4k $3.5m | New |
| MetLife Investment Management, LLC 0.01% of their portfolio | 48.4k $3.2m | Added +25.9k |
| SG Americas Securities, LLC 0.00% of their portfolio | 46.8k $3.1m | Reduced -29.6k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 45.7k $3.0m | Added +472 |
| Verition Fund Management LLC 0.02% of their portfolio | 44.5k $2.9m | Added +38.4k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 44.0k $2.9m | Added +1.5k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 43.1k $2.8m | Added +2.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 42.0k $2.8m | Added +10.8k |
| PEAK6 LLC 0.06% of their portfolio | 40.4k $2.7m | New |
| Arax Advisory Partners 0.02% of their portfolio | 40.1k $2.6m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 39.3k $2.6m | Added +4.3k |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 37.3k $2.5m | Reduced -509 |
| Neo Ivy Capital Management 0.56% of their portfolio | 36.8k $2.4m | New |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 36.7k $2.4m | Reduced -48.7k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.12% of their portfolio | 33.4k $2.2m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 32.9k $2.2m | Reduced -1.9k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 32.2k $2.1m | Reduced -73.5k |
| LPL Financial LLC 0.00% of their portfolio | 31.7k $2.1m | Reduced -19.8k |
| CAPITAL FUND MANAGEMENT S.A. 0.01% of their portfolio | 31.5k $2.1m | Reduced -12.5k |
| GUGGENHEIM CAPITAL LLC 0.01% of their portfolio | 30.2k $2.0m | Added +5.2k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 30.1k $2.0m | New |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 29.6k $1.9m | Added +15.8k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 27.6k $1.8m | Reduced -2.4k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 26.9k $1.8m | Reduced -80.0k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 26.6k $1.8m | Added +765 |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 26.5k $1.7m | Reduced -734 |
| BARCLAYS PLC 0.00% of their portfolio | 25.4k $1.7m | Added +10.2k |