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 ($5.7m this quarter). Holder counts are more reliable. Shares outstanding: 122.5m as of 2023-09-30, 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 ≈ $50.00. Options: 18 managers hold calls ($86.4m notional), 11 hold puts ($43.2m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 455 |
| Q4 2022 | 472 |
| Q1 2023 | 481 |
| Q2 2023 | 464 |
| Q3 2023 | 429 |
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 |
| Q3 2023 | 165 | 239 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $46.4m | $53.9m | 1.16 |
| Q1 2023 | $39.8m | $22.5m | 0.57 |
| Q2 2023 | $31.7m | $28.3m | 0.89 |
| Q3 2023 | $86.4m | $43.2m | 0.50 |
Biggest buyers
| Capital International Investors | Added | +4.1m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Added | +970.3k |
| Balyasny Asset Management L.P. | New | +517.6k |
| PZENA INVESTMENT MANAGEMENT LLC | Added | +397.1k |
| FRANKLIN RESOURCES INC | Added | +365.8k |
| Point72 Asset Management, L.P. | Added | +346.3k |
| LUMINUS MANAGEMENT LLC | Added | +285.8k |
| Allspring Global Investments Holdings, LLC | Added | +206.4k |
| BlackRock Inc. | Added | +205.6k |
| HITE Hedge Asset Management LLC | Added | +204.3k |
Biggest sellers
| VANGUARD GROUP INC | Reduced | -1.2m |
| CITADEL ADVISORS LLC | Sold out | -795.2k |
| Sachem Head Capital Management LP | Sold out | -785.0k |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -671.9k |
| Bank of New York Mellon Corp | Reduced | -590.9k |
| FMR LLC | Reduced | -517.6k |
| Epoch Investment Partners, Inc. | Sold out | -449.5k |
| TD Asset Management Inc | Sold out | -449.5k |
| Verition Fund Management LLC | Reduced | -326.5k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -303.8k |
Biggest calls
| HBK INVESTMENTS L P | Not comparable | $20.0m400.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $15.9m317.7k shares |
| Twin Tree Management, LP | New | $15.7m313.2k shares |
| CITADEL ADVISORS LLC | Added | $13.8m275.7k shares |
| PEAK6 Investments LLC | Added | $5.6m112.6k shares |
| Saltoro Capital, LP | New | $2.2m45.0k shares |
| Walleye Trading LLC | Added | $1.8m35.6k shares |
| Point72 Asset Management, L.P. | New | $1.8m35.6k shares |
| MILLENNIUM MANAGEMENT LLC | New | $1.7m33.4k shares |
| SIMPLEX TRADING, LLC | Added | $1.5m30.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $19.6m392.1k shares |
| CITADEL ADVISORS LLC | Added | $6.7m134.1k shares |
| Parallax Volatility Advisers, L.P. | Unchanged | $5.0m100.0k shares |
| PEAK6 Investments LLC | Reduced | $4.0m80.0k shares |
| Point72 Asset Management, L.P. | New | $2.1m41.1k shares |
| Hudson Bay Capital Management LP | New | $2.0m40.0k shares |
| Walleye Trading LLC | Added | $1.8m35.3k shares |
| Bank of New York Mellon Corp | Unchanged | $1.1m21.1k shares |
| GTS SECURITIES LLC | New | $744.7k14.9k shares |
| PRELUDE CAPITAL MANAGEMENT, LLC | New | $249.9k5.0k 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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q3 2023 | 0 | — | 3 | $1.4m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-08-18 | Gumpel Damian VP & Pres, Epoxy & Corp Strat. | Sold | $44.3k800 shares |
| 2023-08-10 | Gumpel Damian VP & Pres, Epoxy & Corp Strat. | Sold | $467.0k8.0k shares |
| 2023-08-08 | FLAUGHER BRETT A VP & Pres, Winchester | Sold | $663.2k11.2k shares |
| 2023-08-03 | PETERS VALERIE A VP, HR · By ESOP Trustee | Sold | $240.1k4.1k 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, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 12.5m $624.6m | Reduced -1.2m |
| BlackRock Inc. 0.02% of their portfolio | 12.1m $602.8m | Added +205.6k |
| FMR LLC 0.04% of their portfolio | 9.8m $491.6m | Reduced -517.6k |
| Capital International Investors 0.10% of their portfolio | 7.6m $382.0m | Added +4.1m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 1.22% of their portfolio | 6.4m $319.8m | Added +970.3k |
| STATE STREET CORP 0.01% of their portfolio | 4.9m $246.5m | Reduced -44.0k |
| YACKTMAN ASSET MANAGEMENT LP 2.12% of their portfolio | 4.3m $214.8m | Reduced -18.7k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 3.5m $175.4m | Added +195.3k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.93% of their portfolio | 3.2m $161.2m | Reduced -41.5k |
| PZENA INVESTMENT MANAGEMENT LLC 0.63% of their portfolio | 2.9m $147.0m | Added +397.1k |
| Boston Partners 0.15% of their portfolio | 2.3m $111.8m | Reduced -197.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.9m $96.0m | Added +81.8k |
| Pacer Advisors, Inc. 0.30% of their portfolio | 1.6m $78.0m | Reduced -44.9k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.5m $75.9m | Reduced -590.9k |
| NORGES BANK 0.01% of their portfolio | 1.4m $70.8m | Reduced -17.5k |
| THOMPSON SIEGEL & WALMSLEY LLC 1.10% of their portfolio | 1.3m $66.0m | Added +8.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.2m $59.6m | Added +89.7k |
| Allspring Global Investments Holdings, LLC 0.10% of their portfolio | 1.2m $59.0m | Added +206.4k |
| Invesco Ltd. 0.02% of their portfolio | 1.1m $56.6m | Added +57.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.1m $52.5m | Reduced -65.6k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 927.7k $46.4m | Reduced -91.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 795.8k $39.8m | Added +138.5k |
| MORGAN STANLEY 0.00% of their portfolio | 756.1k $37.8m | Reduced -182.2k |
| Clearbridge Investments, LLC 0.04% of their portfolio | 747.9k $37.4m | Reduced -14.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 629.9k $31.5m | Reduced -240.3k |
| LUMINUS MANAGEMENT LLC 8.09% of their portfolio | 524.8k $26.2m | Added +285.8k |
| Balyasny Asset Management L.P. 0.07% of their portfolio | 517.6k $25.9m | New |
| SEMPER AUGUSTUS INVESTMENTS GROUP LLC 6.06% of their portfolio | 506.2k $25.3m | Reduced -13.0k |
| Verition Fund Management LLC 0.33% of their portfolio | 500.2k $25.0m | Reduced -326.5k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 467.7k $23.4m | Added +2.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 464.4k $23.2m | Added +12.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 451.7k $22.6m | Reduced -278.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 450.1k $22.5m | Added +18.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 418.0k $20.9m | Reduced -170.7k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 395.7k $19.8m | Added +365.8k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 393.9k $19.7m | Added +18.0k |
| Point72 Asset Management, L.P. 0.07% of their portfolio | 387.8k $19.4m | Added +346.3k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 371.8k $18.6m | Added +5.3k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 346.8k $17.3m | Added +2.6k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 344.6k $17.1m | Reduced -146.1k |
| Soapstone Management L.P. 7.51% of their portfolio | 325.0k $16.2m | Reduced -12.7k |
| Retirement Systems of Alabama 0.07% of their portfolio | 316.9k $15.8m | Added +2.2k |
| HITE Hedge Asset Management LLC 1.65% of their portfolio | 307.4k $15.4m | Added +204.3k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 294.2k $14.7m | Reduced -64.7k |
| ExodusPoint Capital Management, LP 0.18% of their portfolio | 288.2k $14.4m | Reduced -65.3k |
| Swiss National Bank 0.01% of their portfolio | 270.0k $13.5m | Reduced -600 |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 259.9k $12.9m | Added +151.3k |
| California Public Employees Retirement System 0.01% of their portfolio | 249.7k $12.5m | Added +13.5k |
| Bridgewater Associates, LP 0.07% of their portfolio | 235.7k $11.8m | Added +145.5k |
| Brandywine Global Investment Management, LLC 0.10% of their portfolio | 229.3k $11.5m | Reduced -4.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio | 226.0k $11.3m | Added +6.1k |
| Arnhold LLC 1.34% of their portfolio | 225.3k $11.3m | Added +51.8k |
| Lodge Hill Capital, LLC 3.36% of their portfolio | 205.0k $10.2m | Reduced -110.0k |
| Legal & General Group Plc 0.00% of their portfolio | 204.2k $10.2m | Added +10.4k |
| ARS Investment Partners, LLC 1.26% of their portfolio | 204.0k $10.2m | Reduced -805 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 196.9k $9.8m | Reduced -872 |
| Alyeska Investment Group, L.P. 0.07% of their portfolio | 190.1k $9.5m | Reduced -166.9k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 185.1k $9.3m | Reduced -2.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 183.9k $9.2m | Reduced -9.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 178.8k $8.9m | Reduced -2.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 177.8k $8.9m | Added +100 |
| AMERICAN INTERNATIONAL GROUP, INC. 0.06% of their portfolio | 177.3k $8.9m | Reduced -4.1k |
| Mountaineer Partners Management, LLC 5.53% of their portfolio | 172.6k $8.6m | Added +1.7k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.19% of their portfolio | 156.2k $7.8m | Reduced -2.5k |
| PUTNAM INVESTMENTS LLC 0.01% of their portfolio | 151.8k $7.6m | Added +7.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 149.0k $7.4m | Added +114.4k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 143.0k $7.1m | Added +190 |
| Cambria Investment Management, L.P. 0.57% of their portfolio | 140.4k $7.0m | Added +11.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 140.3k $7.0m | Reduced -671.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 140.2k $7.0m | Reduced -31.9k |
| BARCLAYS PLC 0.00% of their portfolio | 140.1k $7.0m | Reduced -52.8k |
| Hudson Bay Capital Management LP 0.03% of their portfolio | 140.0k $7.0m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 138.2k $6.9m | Reduced -15.3k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 137.4k $6.9m | Reduced -13.5k |
| ArrowMark Colorado Holdings LLC 0.08% of their portfolio | 135.0k $6.7m | Added +76.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 134.9k $6.7m | Reduced -46.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 132.1k $6.6m | Reduced -49.6k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 123.8k $6.2m | Reduced -8.2k |
| UBS Group AG 0.00% of their portfolio | 122.7k $6.1m | Reduced -134.7k |
| Keeley-Teton Advisors, LLC 0.86% of their portfolio | 122.3k $6.1m | Reduced -2.3k |
| ROBOTTI ROBERT 0.85% of their portfolio | 116.3k $5.8m | Reduced -850 |
| GAMCO INVESTORS, INC. ET AL 0.07% of their portfolio | 115.0k $5.7m | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 107.6k $5.4m | Added +17.0k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.05% of their portfolio | 106.9k $5.3m | Added +1.0k |
| KGH Ltd 0.30% of their portfolio | 106.0k $5.3m | Unchanged |
| BEACONLIGHT CAPITAL, LLC 2.65% of their portfolio | 104.1k $5.2m | Added +78.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 103.7k $5.2m | Reduced -10.6k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 103.3k $5.2m | Reduced -303.8k |
| Rovida Advisors Inc. 1.90% of their portfolio | 100.0k $5.0m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 97.8k $4.9m | Reduced -110.8k |
| GABELLI FUNDS LLC 0.04% of their portfolio | 96.0k $4.8m | Unchanged |
| Coombe, Bender & Co LLC 3.42% of their portfolio | 91.0k $4.5m | Added +15.6k |
| HIGHLAND CAPITAL MANAGEMENT, LLC 0.31% of their portfolio | 89.2k $4.5m | Reduced -4.2k |
| Madison Asset Management, LLC 0.06% of their portfolio | 88.5k $4.4m | Added +9.8k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 86.5k $4.3m | Reduced -291.3k |
| AMALGAMATED BANK 0.04% of their portfolio | 86.1k $4.3m | Added +6.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 86.0k $4.3m | Added +13.6k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 83.7k $4.2m | Reduced -192.3k |
| COMERICA BANK 0.02% of their portfolio | 82.4k $4.1m | Reduced -259.0k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 81.9k $4.1m | Reduced -5.5k |