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 ($9.4m this quarter). Holder counts are more reliable. Shares outstanding: 125.8m as of 2023-06-30, 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 ≈ $51.25. Options: 13 managers hold calls ($31.7m notional), 8 hold puts ($28.3m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 455 |
| Q4 2022 | 472 |
| Q1 2023 | 481 |
| Q2 2023 | 464 |
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 |
| Q2 2023 | 156 | 278 |
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 |
| Q2 2023 | $31.7m | $28.3m | 0.89 |
Biggest buyers
| YACKTMAN ASSET MANAGEMENT LP | New | +4.3m |
| Capital International Investors | New | +3.6m |
| Verition Fund Management LLC | Added | +305.2k |
| JANE STREET GROUP, LLC | Added | +295.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +284.2k |
| Man Group plc | New | +235.8k |
| THOMPSON SIEGEL & WALMSLEY LLC | Added | +168.8k |
| GOLDMAN SACHS GROUP INC | Added | +120.2k |
| BARCLAYS PLC | Added | +117.7k |
| NORGES BANK | Added | +113.7k |
Biggest sellers
| FMR LLC | Reduced | -8.1m |
| CITADEL ADVISORS LLC | Reduced | -1.8m |
| Sachem Head Capital Management LP | Reduced | -1.1m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -923.9k |
| Invesco Ltd. | Reduced | -854.3k |
| Boston Partners | Reduced | -756.8k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -739.8k |
| FIRST TRUST ADVISORS LP | Reduced | -665.7k |
| VANGUARD GROUP INC | Reduced | -562.9k |
| ASSETMARK, INC | Reduced | -497.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $12.6m245.2k shares |
| CITADEL ADVISORS LLC | Reduced | $6.8m131.4k shares |
| PEAK6 Investments LLC | Added | $4.1m79.3k shares |
| GROUP ONE TRADING LLC | Added | $1.5m30.1k shares |
| WOLVERINE TRADING, LLC | New | $1.5m28.5k shares |
| JANE STREET GROUP, LLC | Reduced | $1.3m24.8k shares |
| JPMORGAN CHASE & CO | Unchanged | $1.1m21.8k shares |
| Walleye Trading LLC | Reduced | $981.5k19.1k shares |
| CSS LLC/IL | Added | $847.9k16.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $606.0k11.8k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $9.9m192.6k shares |
| PEAK6 Investments LLC | Added | $6.9m135.2k shares |
| Parallax Volatility Advisers, L.P. | New | $5.1m100.0k shares |
| CITADEL ADVISORS LLC | Reduced | $2.8m54.7k shares |
| Bank of New York Mellon Corp | Unchanged | $1.1m21.1k shares |
| WOLVERINE TRADING, LLC | New | $1.1m20.7k shares |
| Walleye Trading LLC | Added | $909.6k17.7k shares |
| TUDOR INVESTMENT CORP ET AL | New | $400.8k7.8k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2023 | 0 | — | 1 | $2.5k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-05-10 | PETERS VALERIE A VP, HR · By ESOP Trustee | Sold | $2.5k46 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, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 13.7m $701.5m | Reduced -562.9k |
| BlackRock Inc. 0.02% of their portfolio | 11.9m $609.2m | Reduced -484.2k |
| FMR LLC 0.04% of their portfolio | 10.4m $532.1m | Reduced -8.1m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 1.04% of their portfolio | 5.4m $279.0m | Added +29.2k |
| STATE STREET CORP 0.01% of their portfolio | 5.0m $255.7m | Reduced -151.7k |
| YACKTMAN ASSET MANAGEMENT LP 2.10% of their portfolio | 4.3m $221.8m | New |
| Capital International Investors 0.04% of their portfolio | 3.6m $182.9m | New |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 3.3m $170.3m | Reduced -95.8k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.95% of their portfolio | 3.3m $167.8m | Reduced -1.2k |
| PZENA INVESTMENT MANAGEMENT LLC 0.56% of their portfolio | 2.5m $130.7m | Added +39.9k |
| Boston Partners 0.17% of their portfolio | 2.5m $127.2m | Reduced -756.8k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 2.1m $108.4m | Reduced -204.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.8m $94.5m | Added +71.3k |
| Pacer Advisors, Inc. 0.33% of their portfolio | 1.6m $82.5m | Reduced -161.0k |
| NORGES BANK 0.01% of their portfolio | 1.4m $73.7m | Added +113.7k |
| THOMPSON SIEGEL & WALMSLEY LLC 1.07% of their portfolio | 1.3m $67.4m | Added +168.8k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.1m $57.3m | Added +18.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.1m $56.7m | Reduced -9.2k |
| Invesco Ltd. 0.01% of their portfolio | 1.1m $55.3m | Reduced -854.3k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.0m $52.4m | Reduced -74.3k |
| Allspring Global Investments Holdings, LLC 0.08% of their portfolio | 973.1k $50.0m | Added +9.5k |
| MORGAN STANLEY 0.00% of their portfolio | 938.2k $48.2m | Reduced -133.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio | 870.2k $44.7m | Added +83.9k |
| Verition Fund Management LLC 0.66% of their portfolio | 826.7k $42.5m | Added +305.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.08% of their portfolio | 812.3k $41.7m | Added +109.6k |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 795.2k $40.9m | Reduced -1.8m |
| Sachem Head Capital Management LP 1.83% of their portfolio | 785.0k $40.3m | Reduced -1.1m |
| Clearbridge Investments, LLC 0.04% of their portfolio | 762.8k $39.2m | Added +10 |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 729.9k $37.5m | Added +79.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 657.4k $33.8m | Added +284.2k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 588.7k $30.3m | Added +120.2k |
| SEMPER AUGUSTUS INVESTMENTS GROUP LLC 6.31% of their portfolio | 519.1k $26.7m | Reduced -11.2k |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 490.7k $25.2m | Reduced -411.7k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 465.5k $23.9m | Reduced -665.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 452.1k $23.2m | Reduced -34.8k |
| TD Asset Management Inc 0.03% of their portfolio | 449.5k $23.1m | Reduced -6.1k |
| Epoch Investment Partners, Inc. 0.13% of their portfolio | 449.5k $23.1m | Reduced -6.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 432.1k $22.2m | Reduced -11.3k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 407.2k $20.9m | Reduced -739.8k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 377.8k $19.4m | Added +295.6k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 375.9k $19.3m | Reduced -2.7k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 366.5k $18.8m | Reduced -86.2k |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 358.9k $18.4m | Added +14.3k |
| Alyeska Investment Group, L.P. 0.14% of their portfolio | 357.0k $18.3m | Added +66.9k |
| ExodusPoint Capital Management, LP 0.21% of their portfolio | 353.6k $18.2m | Reduced -174.9k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 344.2k $17.7m | Added +7.6k |
| COMERICA BANK 0.00% of their portfolio | 341.4k $3 | First filing |
| Soapstone Management L.P. 7.75% of their portfolio | 337.7k $17.4m | Added +27.7k |
| Lodge Hill Capital, LLC 5.48% of their portfolio | 315.0k $16.2m | Added +105.0k |
| Retirement Systems of Alabama 0.07% of their portfolio | 314.7k $16.2m | Reduced -5.8k |
| Holocene Advisors, LP 0.06% of their portfolio | 285.9k $14.7m | Reduced -104.7k |
| Amundi 0.01% of their portfolio | 285.8k $15.0m | Reduced -288.9k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 276.0k $14.2m | Reduced -146.3k |
| Swiss National Bank 0.01% of their portfolio | 270.6k $13.9m | Reduced -10.2k |
| UBS Group AG 0.01% of their portfolio | 257.4k $13.2m | Added +104.0k |
| LUMINUS MANAGEMENT LLC 3.75% of their portfolio | 239.0k $12.3m | Reduced -209.4k |
| California Public Employees Retirement System 0.01% of their portfolio | 236.2k $12.1m | Reduced -16.3k |
| Man Group plc 0.04% of their portfolio | 235.8k $12.1m | New |
| Brandywine Global Investment Management, LLC 0.10% of their portfolio | 233.6k $12.0m | Reduced -131.5k |
| TUDOR INVESTMENT CORP ET AL 0.20% of their portfolio | 233.2k $12.0m | Added +97.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 219.9k $11.3m | Reduced -60.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 208.7k $10.7m | Reduced -39.8k |
| ARS Investment Partners, LLC 1.23% of their portfolio | 204.8k $10.5m | Reduced -2.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 197.7k $10.2m | Added +5.7k |
| Legal & General Group Plc 0.00% of their portfolio | 193.7k $10.0m | Reduced -5.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 193.7k $10.0m | Added +6.9k |
| BARCLAYS PLC 0.01% of their portfolio | 192.8k $9.9m | Added +117.7k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 188.1k $9.7m | Reduced -200 |
| PANAGORA ASSET MANAGEMENT INC 0.06% of their portfolio | 185.7k $9.5m | Reduced -131.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 181.7k $9.3m | Added +24.2k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.06% of their portfolio | 181.4k $9.3m | Reduced -8.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 181.4k $10.1m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 181.2k $9.3m | Reduced -18.5k |
| TWINBEECH CAPITAL LP 0.18% of their portfolio | 180.1k $9.3m | Added +112.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 177.7k $9.1m | Reduced -2.2k |
| Arnhold LLC 1.01% of their portfolio | 173.6k $8.9m | Reduced -1.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 172.1k $8.8m | Added +31.5k |
| Mountaineer Partners Management, LLC 4.84% of their portfolio | 170.9k $8.8m | Added +46.9k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.20% of their portfolio | 158.7k $8.2m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 153.6k $7.9m | Reduced -15.9k |
| BANK OF NOVA SCOTIA 0.02% of their portfolio | 153.2k $7.9m | Reduced -61.7k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 150.9k $7.8m | Reduced -42.5k |
| PUTNAM INVESTMENTS LLC 0.01% of their portfolio | 144.9k $7.4m | Added +6.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 142.8k $7.3m | Reduced -5.6k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 132.0k $6.8m | Added +19.6k |
| Cambria Investment Management, L.P. 0.55% of their portfolio | 129.5k $6.7m | Reduced -16.1k |
| EAGLE ASSET MANAGEMENT INC 0.04% of their portfolio | 125.5k $6.4m | Added +9.8k |
| Keeley-Teton Advisors, LLC 0.82% of their portfolio | 124.6k $6.4m | Reduced -5.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 119.7k $6.2m | Reduced -12.4k |
| ROBOTTI ROBERT 0.97% of their portfolio | 117.1k $6.0m | Reduced -540 |
| GAMCO INVESTORS, INC. ET AL 0.06% of their portfolio | 115.0k $5.9m | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 114.3k $5.9m | Reduced -3.3k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 108.6k $5.6m | Added +24.8k |
| Ensign Peak Advisors, Inc 0.01% of their portfolio | 106.3k $5.5m | Reduced -88.1k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 106.3k $5.5m | Reduced -49.9k |
| KGH Ltd 0.39% of their portfolio | 106.0k $5.4m | Unchanged |
| TEXAS PERMANENT SCHOOL FUND CORP 0.05% of their portfolio | 105.9k $5.4m | Reduced -4.5k |
| HITE Hedge Asset Management LLC 0.61% of their portfolio | 103.1k $5.3m | Reduced -4.4k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio | 100.0k $5.1m | Added +64.5k |
| GABELLI FUNDS LLC 0.04% of their portfolio | 96.0k $4.9m | Unchanged |