OLIN CORP OLN
COM PAR $1 · Common Stock · CUSIP 680665205 · ISIN US6806652052
American chemical manufacturing company
* 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 ($12.5m this quarter). Holder counts are more reliable. Shares outstanding: 129.3m as of 2023-03-31, 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 ≈ $55.49. Options: 15 managers hold calls ($39.8m notional), 11 hold puts ($22.5m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 455 |
| Q4 2022 | 472 |
| Q1 2023 | 481 |
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 | 197 | 234 |
| Q1 2023 | 211 | 237 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $47.5m | $114.1m | 2.40 |
| Q4 2022 | $46.4m | $53.9m | 1.16 |
| Q1 2023 | $39.8m | $22.5m | 0.57 |
Biggest buyers
| FMR LLC | Added | +11.6m |
| CITADEL ADVISORS LLC | Added | +907.2k |
| MILLENNIUM MANAGEMENT LLC | Added | +887.5k |
| Bank of New York Mellon Corp | Added | +807.3k |
| ExodusPoint Capital Management, LP | New | +528.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +511.1k |
| Verition Fund Management LLC | Added | +384.9k |
| HRT FINANCIAL LP | New | +371.8k |
| Man Group plc | New | +272.0k |
| ENVESTNET ASSET MANAGEMENT INC | Added | +248.0k |
Biggest sellers
| Sachem Head Capital Management LP | Reduced | -4.6m |
| UBS Group AG | Reduced | -1.3m |
| BlackRock Inc. | Reduced | -1.3m |
| Boston Partners | Reduced | -1.2m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.1m |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -652.2k |
| VANGUARD GROUP INC | Reduced | -516.4k |
| BANK OF NOVA SCOTIA | Reduced | -473.6k |
| GOLDMAN SACHS GROUP INC | Reduced | -393.0k |
| Appian Way Asset Management LP | Sold out | -357.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $15.5m279.1k shares |
| CITADEL ADVISORS LLC | Added | $10.7m193.2k shares |
| JANE STREET GROUP, LLC | Reduced | $3.1m55.3k shares |
| Saltoro Capital, LP | Added | $2.8m50.0k shares |
| PEAK6 Investments LLC | Reduced | $1.9m33.6k shares |
| GROUP ONE TRADING LLC | Reduced | $1.4m25.3k shares |
| SIMPLEX TRADING, LLC | Added | $1.4m24.7k shares |
| JPMORGAN CHASE & CO | New | $1.2m21.8k shares |
| Walleye Trading LLC | Reduced | $1.1m20.7k shares |
| CSS LLC/IL | New | $444.0k8.0k shares |
Biggest puts
| JANE STREET GROUP, LLC | Reduced | $5.1m92.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.9m88.8k shares |
| CITADEL ADVISORS LLC | Reduced | $3.9m70.4k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $2.3m41.4k shares |
| PEAK6 Investments LLC | Added | $2.3m41.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.1m37.8k shares |
| Bank of New York Mellon Corp | New | $1.2m21.1k shares |
| Walleye Trading LLC | Reduced | $327.4k5.9k shares |
| Walleye Capital LLC | Reduced | $199.8k3.6k shares |
| GROUP ONE TRADING LLC | Reduced | $138.8k2.5k 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 |
|---|---|
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 13G · institution +3.2 pts · filed 2026-02-17 | 13.4% |
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 9.1% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution new · filed 2026-07-14 | 5.4% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
| AQR CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-08-13 | 5.0% |
Fell to 5% or below in the last year: FULLER & THALER ASSET MANAGEMENT, INC. (4.4%, 2026-05-13), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q1 2023
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 |
|---|---|---|---|---|---|
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 1 | $613.5k | 2 | $9.5m | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 6 | $159.1m | — |
| Q3 2022 | 0 | — | 1 | $193.4k | — |
| Q4 2022 | 0 | — | 1 | $2.8m | — |
| Q1 2023 | 0 | — | 2 | $942.4k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-02-16 | Gumpel Damian VP & Pres, Epoxy & Corp Strat. | Sold | $814.4k13.0k shares |
| 2023-02-01 | Alderman Heidi S Director | Sold | $128.0k2.0k 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, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.05% of their portfolio | 18.5m $1.0bn | Added +11.6m |
| VANGUARD GROUP INC 0.02% of their portfolio | 14.2m $788.9m | Reduced -516.4k |
| BlackRock Inc. 0.02% of their portfolio | 12.3m $684.8m | Reduced -1.3m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 1.16% of their portfolio | 5.4m $299.7m | Added +87.3k |
| STATE STREET CORP 0.02% of their portfolio | 5.1m $284.6m | Reduced -86.6k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 3.4m $189.2m | Reduced -652.2k |
| FULLER & THALER ASSET MANAGEMENT, INC. 1.05% of their portfolio | 3.3m $181.3m | Reduced -9.7k |
| Boston Partners 0.24% of their portfolio | 3.2m $178.1m | Reduced -1.2m |
| CITADEL ADVISORS LLC 0.16% of their portfolio | 2.6m $142.1m | Added +907.2k |
| PZENA INVESTMENT MANAGEMENT LLC 0.60% of their portfolio | 2.5m $139.0m | Reduced -124.1k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 2.3m $128.4m | Added +807.3k |
| Invesco Ltd. 0.03% of their portfolio | 1.9m $107.1m | Added +122.2k |
| Sachem Head Capital Management LP 4.56% of their portfolio | 1.9m $103.0m | Reduced -4.6m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.8m $98.1m | Reduced -6.1k |
| Pacer Advisors, Inc. 0.42% of their portfolio | 1.8m $98.1m | Added +238.8k |
| NORGES BANK 0.02% of their portfolio | 1.3m $73.3m | Added +45.5k |
| MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio | 1.1m $63.7m | Added +887.5k |
| THOMPSON SIEGEL & WALMSLEY LLC 1.03% of their portfolio | 1.1m $63.5m | Reduced -150.2k |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 1.1m $62.8m | Reduced -3.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.1m $61.7m | Reduced -35.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.1m $60.9m | Reduced -35.1k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.1m $60.7m | Reduced -1.1m |
| MORGAN STANLEY 0.01% of their portfolio | 1.1m $59.5m | Reduced -97.1k |
| Allspring Global Investments Holdings, LLC 0.09% of their portfolio | 963.6k $53.5m | Added +16.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.07% of their portfolio | 923.9k $51.3m | Added +511.1k |
| AQR CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 902.5k $49.5m | Reduced -36.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio | 786.3k $43.6m | Reduced -28.8k |
| Clearbridge Investments, LLC 0.04% of their portfolio | 762.8k $42.3m | Reduced -4.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.08% of their portfolio | 702.7k $39.0m | Reduced -15.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 650.3k $36.1m | Added +52.0k |
| Amundi 0.02% of their portfolio | 574.7k $32.5m | Added +149.2k |
| ASSETMARK, INC 0.13% of their portfolio | 568.8k $31.6m | Added +96.4k |
| SEMPER AUGUSTUS INVESTMENTS GROUP LLC 7.54% of their portfolio | 530.4k $29.4m | Reduced -110.5k |
| ExodusPoint Capital Management, LP 0.34% of their portfolio | 528.5k $29.3m | New |
| Verition Fund Management LLC 0.46% of their portfolio | 521.5k $28.9m | Added +384.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 486.9k $27.0m | Reduced -12.6k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 468.5k $26.0m | Reduced -393.0k |
| TD Asset Management Inc 0.03% of their portfolio | 455.6k $25.3m | Added +117.9k |
| Epoch Investment Partners, Inc. 0.15% of their portfolio | 455.6k $25.3m | Added +117.9k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 452.7k $25.1m | Reduced -261.7k |
| LUMINUS MANAGEMENT LLC 6.48% of their portfolio | 448.4k $24.9m | Added +56.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 443.3k $24.6m | Reduced -45.9k |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 422.3k $23.4m | Added +123.6k |
| Holocene Advisors, LP 0.11% of their portfolio | 390.6k $21.7m | Reduced -2.7k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 378.6k $21.0m | Reduced -30.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 373.5k $6.7m | Added +248.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 373.2k $20.7m | Added +19.6k |
| HRT FINANCIAL LP 0.26% of their portfolio | 371.8k $20.6m | New |
| Brandywine Global Investment Management, LLC 0.08% of their portfolio | 365.1k $20.3m | Added +233.8k |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 344.6k $19.1m | Added +5.1k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 336.7k $18.7m | Reduced -15.3k |
| Retirement Systems of Alabama 0.08% of their portfolio | 320.6k $17.8m | Added +152.7k |
| PANAGORA ASSET MANAGEMENT INC 0.11% of their portfolio | 317.2k $17.6m | Reduced -6.4k |
| ClariVest Asset Management LLC 0.78% of their portfolio | 316.1k $17.5m | Reduced -10.3k |
| Soapstone Management L.P. 7.69% of their portfolio | 310.0k $17.2m | Reduced -15.0k |
| Alyeska Investment Group, L.P. 0.14% of their portfolio | 290.2k $16.1m | Added +171.6k |
| Swiss National Bank 0.01% of their portfolio | 280.8k $15.6m | Reduced -52.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.05% of their portfolio | 280.1k $15.5m | Reduced -35.8k |
| Man Group plc 0.05% of their portfolio | 272.0k $15.1m | New |
| California Public Employees Retirement System 0.01% of their portfolio | 252.5k $14.0m | Reduced -55.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 248.5k $13.8m | Added +59.2k |
| Voss Capital, LP 1.75% of their portfolio | 245.5k $13.6m | Added +100.7k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 243.2k $14.0m | Added +206.3k |
| BANK OF NOVA SCOTIA 0.04% of their portfolio | 215.0k $11.9m | Reduced -473.6k |
| Lodge Hill Capital, LLC 4.42% of their portfolio | 210.0k $11.7m | Added +15.0k |
| ARS Investment Partners, LLC 1.38% of their portfolio | 206.8k $11.5m | Added +2.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 199.7k $11.1m | Reduced -57.9k |
| Legal & General Group Plc 0.00% of their portfolio | 199.3k $11.1m | Reduced -11.2k |
| CITIGROUP INC 0.01% of their portfolio | 198.8k $11.0m | Added +73 |
| Ensign Peak Advisors, Inc 0.02% of their portfolio | 194.4k $10.8m | Reduced -1.6k |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 193.4k $10.7m | Added +32.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 192.1k $10.7m | Reduced -13.1k |
| Schonfeld Strategic Advisors LLC 0.10% of their portfolio | 190.5k $10.6m | Added +28.7k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.07% of their portfolio | 189.8k $10.5m | Reduced -8.5k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 188.2k $10.4m | Added +37.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 186.9k $10.4m | Reduced -8.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 181.4k $10.1m | Reduced -8.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 179.8k $10.0m | Reduced -3.1k |
| CI INVESTMENTS INC. 0.05% of their portfolio | 176.2k $9.8m | Added +1.8k |
| Arnhold LLC 1.11% of their portfolio | 175.4k $9.7m | Added +17.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 169.5k $9.4m | Reduced -10.6k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.23% of their portfolio | 158.7k $8.8m | Added +400 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 157.5k $8.7m | Reduced -2.0k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 156.2k $7.1m | Added +12.7k |
| UBS Group AG 0.00% of their portfolio | 153.3k $8.5m | Reduced -1.3m |
| Assenagon Asset Management S.A. 0.03% of their portfolio | 149.9k $8.3m | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 148.4k $8.2m | Unchanged |
| Cambria Investment Management, L.P. 0.67% of their portfolio | 145.6k $8.1m | Added +3.6k |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 141.2k $7.8m | Added +115.2k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 140.6k $7.8m | Added +121.7k |
| PUTNAM INVESTMENTS LLC 0.01% of their portfolio | 138.8k $7.7m | Added +7.5k |
| TUDOR INVESTMENT CORP ET AL 0.14% of their portfolio | 135.7k $7.5m | Added +123.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 132.1k $7.3m | Added +3.0k |
| Keeley-Teton Advisors, LLC 0.89% of their portfolio | 129.6k $7.2m | Reduced -18.2k |
| Mountaineer Partners Management, LLC 5.00% of their portfolio | 124.0k $6.9m | New |
| Portolan Capital Management, LLC 0.63% of their portfolio | 118.8k $6.6m | Reduced -5.3k |
| ROBOTTI ROBERT 1.15% of their portfolio | 117.7k $6.5m | Added +860 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 117.6k $6.5m | Reduced -14.7k |
| EAGLE ASSET MANAGEMENT INC 0.04% of their portfolio | 115.7k $6.4m | Added +6.1k |
| GAMCO INVESTORS, INC. ET AL 0.07% of their portfolio | 115.0k $6.4m | Unchanged |