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 ($8.9m this quarter). Holder counts are more reliable. Shares outstanding: 120.2m as of 2024-01-31, 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 ≈ $53.95. Options: 21 managers hold calls ($180.1m notional), 13 hold puts ($55.0m).
Trends to Q4 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 |
| Q4 2023 | 428 |
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 |
| Q4 2023 | 160 | 234 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $39.8m | $22.5m | 0.57 |
| Q2 2023 | $31.7m | $28.3m | 0.89 |
| Q3 2023 | $86.4m | $43.2m | 0.50 |
| Q4 2023 | $180.1m | $55.0m | 0.31 |
Biggest buyers
| Boston Partners | Added | +2.8m |
| Balyasny Asset Management L.P. | Added | +1.1m |
| CITADEL ADVISORS LLC | New | +1.1m |
| MORGAN STANLEY | Added | +867.1k |
| MILLENNIUM MANAGEMENT LLC | Added | +855.2k |
| Twin Tree Management, LP | Added | +654.4k |
| JPMORGAN CHASE & CO | Added | +512.9k |
| FRANKLIN RESOURCES INC | Added | +267.5k |
| Point72 Asset Management, L.P. | Added | +258.6k |
| BANK OF NOVA SCOTIA | New | +234.1k |
Biggest sellers
| Capital International Investors | Reduced | -5.2m |
| LUMINUS MANAGEMENT LLC | Sold out | -524.8k |
| BlackRock Inc. | Reduced | -414.6k |
| VANGUARD GROUP INC | Reduced | -401.4k |
| HITE Hedge Asset Management LLC | Sold out | -307.4k |
| ExodusPoint Capital Management, LP | Sold out | -288.2k |
| Pacer Advisors, Inc. | Reduced | -252.8k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -207.9k |
| Verition Fund Management LLC | Reduced | -191.1k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -170.6k |
Biggest calls
| LUMINUS MANAGEMENT LLC | New | $89.7m1.7m shares |
| CITADEL ADVISORS LLC | Added | $24.3m450.0k shares |
| Twin Tree Management, LP | Reduced | $13.7m254.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $13.3m247.3k shares |
| SIMPLEX TRADING, LLC | Added | $10.0m185.1k shares |
| JPMORGAN CHASE & CO | Added | $6.9m127.0k shares |
| WOLVERINE TRADING, LLC | New | $4.0m73.6k shares |
| IMC-Chicago, LLC | New | $3.5m64.9k shares |
| Walleye Capital LLC | Added | $3.3m61.6k shares |
| JANE STREET GROUP, LLC | Added | $3.0m56.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $23.4m434.3k shares |
| CITADEL ADVISORS LLC | Added | $10.2m189.2k shares |
| Walleye Trading LLC | Added | $8.3m153.6k shares |
| Parallax Volatility Advisers, L.P. | Unchanged | $5.4m100.0k shares |
| PEAK6 Investments LLC | Reduced | $2.8m51.5k shares |
| Point72 Asset Management, L.P. | Unchanged | $2.2m41.1k shares |
| Walleye Capital LLC | Added | $728.3k13.5k shares |
| WOLVERINE TRADING, LLC | New | $722.9k13.4k shares |
| TWO SIGMA SECURITIES, LLC | New | $534.1k9.9k shares |
| CAAS CAPITAL MANAGEMENT LP | New | $302.1k5.6k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q4 2023 | 0 | — | 0 | — | — |
None reported in Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 12.1m $652.6m | Reduced -401.4k |
| BlackRock Inc. 0.02% of their portfolio | 11.6m $628.3m | Reduced -414.6k |
| FMR LLC 0.04% of their portfolio | 10.0m $537.3m | Added +121.9k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 1.27% of their portfolio | 6.6m $356.2m | Added +203.3k |
| Boston Partners 0.36% of their portfolio | 5.0m $271.2m | Added +2.8m |
| STATE STREET CORP 0.01% of their portfolio | 5.0m $267.1m | Added +20.0k |
| YACKTMAN ASSET MANAGEMENT LP 2.14% of their portfolio | 4.3m $229.9m | Reduced -35.0k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 3.6m $196.2m | Added +126.6k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.88% of their portfolio | 3.2m $174.6m | Added +11.8k |
| PZENA INVESTMENT MANAGEMENT LLC 0.59% of their portfolio | 2.9m $156.6m | Reduced -38.0k |
| Capital International Investors 0.03% of their portfolio | 2.4m $131.2m | Reduced -5.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.9m $104.5m | Added +15.4k |
| Balyasny Asset Management L.P. 0.25% of their portfolio | 1.6m $89.0m | Added +1.1m |
| MORGAN STANLEY 0.00% of their portfolio | 1.6m $87.6m | Added +867.1k |
| NORGES BANK 0.01% of their portfolio | 1.4m $76.1m | Reduced -5.6k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.4m $75.6m | Reduced -116.7k |
| THOMPSON SIEGEL & WALMSLEY LLC 1.15% of their portfolio | 1.3m $71.3m | Added +387 |
| Pacer Advisors, Inc. 0.20% of their portfolio | 1.3m $70.6m | Reduced -252.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.2m $65.2m | Added +15.9k |
| Invesco Ltd. 0.01% of their portfolio | 1.1m $60.8m | Reduced -5.3k |
| CITADEL ADVISORS LLC 0.06% of their portfolio | 1.1m $60.1m | New |
| Allspring Global Investments Holdings, LLC 0.10% of their portfolio | 1.1m $58.5m | Reduced -96.0k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.1m $57.5m | Added +138.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.1m $57.2m | Added +10.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 963.0k $52.0m | Added +512.9k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 958.6k $51.7m | Added +855.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 786.7k $42.4m | Reduced -9.1k |
| Clearbridge Investments, LLC 0.03% of their portfolio | 742.0k $40.0m | Reduced -5.9k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 663.2k $35.8m | Added +267.5k |
| Twin Tree Management, LP 0.65% of their portfolio | 662.2k $35.7m | Added +654.4k |
| Point72 Asset Management, L.P. 0.11% of their portfolio | 646.4k $34.9m | Added +258.6k |
| SEMPER AUGUSTUS INVESTMENTS GROUP LLC 5.71% of their portfolio | 505.5k $27.3m | Reduced -660 |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 468.2k $25.3m | Added +50.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 459.3k $24.8m | Reduced -170.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 449.9k $24.3m | Reduced -14.5k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 399.5k $21.6m | Added +5.6k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 393.2k $21.2m | Reduced -74.4k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 373.1k $20.1m | Added +1.3k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 366.0k $19.7m | Added +19.1k |
| Bridgewater Associates, LP 0.10% of their portfolio | 321.9k $17.4m | Added +86.2k |
| Retirement Systems of Alabama 0.07% of their portfolio | 313.3k $16.9m | Reduced -3.6k |
| Verition Fund Management LLC 0.17% of their portfolio | 309.2k $16.7m | Reduced -191.1k |
| Soapstone Management L.P. 9.00% of their portfolio | 305.0k $16.5m | Reduced -20.0k |
| Lodge Hill Capital, LLC 6.77% of their portfolio | 285.0k $15.4m | Added +80.0k |
| Brandywine Global Investment Management, LLC 0.11% of their portfolio | 250.5k $13.5m | Added +21.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio | 248.5k $13.4m | Added +22.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 248.1k $13.4m | Added +99.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 243.8k $13.2m | Reduced -207.9k |
| California Public Employees Retirement System 0.01% of their portfolio | 238.2k $12.9m | Reduced -11.5k |
| Swiss National Bank 0.01% of their portfolio | 235.6k $12.7m | Reduced -34.4k |
| BANK OF NOVA SCOTIA 0.02% of their portfolio | 234.1k $12.6m | New |
| Arnhold LLC 1.36% of their portfolio | 225.0k $12.1m | Reduced -358 |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 216.9k $11.7m | Reduced -127.8k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 215.4k $11.6m | Added +128.9k |
| Mountaineer Partners Management, LLC 5.89% of their portfolio | 214.8k $11.6m | Added +42.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 189.0k $10.2m | Added +48.6k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 185.1k $10.0m | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 184.1k $9.9m | Reduced -20.1k |
| Alyeska Investment Group, L.P. 0.07% of their portfolio | 183.5k $9.9m | Reduced -6.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 180.6k $9.7m | Reduced -16.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 180.4k $9.7m | Added +1.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 180.3k $9.7m | Reduced -3.7k |
| ARS Investment Partners, LLC 1.07% of their portfolio | 179.8k $9.7m | Reduced -24.2k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 175.8k $9.5m | Reduced -2.0k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 170.3k $9.2m | Reduced -89.7k |
| BARCLAYS PLC 0.00% of their portfolio | 169.5k $9.1m | Added +29.5k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.04% of their portfolio | 165.5k $8.9m | Reduced -11.8k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.19% of their portfolio | 162.7k $8.8m | Added +6.5k |
| Cambria Investment Management, L.P. 0.61% of their portfolio | 162.7k $8.8m | Added +22.2k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 152.5k $8.2m | Reduced -141.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 143.0k $7.7m | Added +67 |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 137.4k $7.4m | Added +8 |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 135.0k $7.3m | Reduced -5.2k |
| ArrowMark Colorado Holdings LLC 0.08% of their portfolio | 135.0k $7.3m | Unchanged |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 128.7k $6.9m | Added +4.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 127.8k $6.9m | Reduced -10.4k |
| Keeley-Teton Advisors, LLC 0.81% of their portfolio | 115.9k $6.3m | Reduced -6.5k |
| GAMCO INVESTORS, INC. ET AL 0.07% of their portfolio | 115.0k $6.2m | Unchanged |
| ROBOTTI ROBERT 0.89% of their portfolio | 114.9k $6.2m | Reduced -1.4k |
| Huber Capital Management LLC 1.45% of their portfolio | 106.8k $5.8m | Added +26.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 106.7k $5.8m | Reduced -28.2k |
| KGH Ltd 0.33% of their portfolio | 106.0k $5.7m | Unchanged |
| TEXAS PERMANENT SCHOOL FUND CORP 0.05% of their portfolio | 105.9k $5.7m | Reduced -996 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 99.4k $5.4m | Reduced -8.2k |
| UBS Group AG 0.00% of their portfolio | 96.3k $5.2m | Reduced -26.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 96.2k $5.2m | Reduced -1.7k |
| GABELLI FUNDS LLC 0.04% of their portfolio | 96.0k $5.2m | Unchanged |
| Coombe, Bender & Co LLC 3.21% of their portfolio | 95.3k $5.1m | Added +4.3k |
| Squarepoint Ops LLC 0.02% of their portfolio | 91.9k $5.0m | Added +45.1k |
| HIGHLAND CAPITAL MANAGEMENT, LLC 0.30% of their portfolio | 89.9k $4.9m | Added +725 |
| HRT FINANCIAL LP 0.04% of their portfolio | 89.8k $4.8m | Added +82.2k |
| Amundi 0.00% of their portfolio | 89.7k $4.7m | Added +89.7k |
| MOORE CAPITAL MANAGEMENT, LP 0.12% of their portfolio | 88.7k $4.8m | New |
| Madison Asset Management, LLC 0.06% of their portfolio | 88.2k $4.8m | Reduced -295 |
| AMALGAMATED BANK 0.04% of their portfolio | 86.7k $4.7m | Added +552 |
| CAPITAL FUND MANAGEMENT S.A. 0.06% of their portfolio | 85.0k $4.6m | Added +30.9k |
| Walleye Trading LLC 0.07% of their portfolio | 81.6k $4.4m | New |
| COMERICA BANK 0.02% of their portfolio | 80.4k $4.3m | Reduced -2.0k |
| GATEWAY INVESTMENT ADVISERS LLC 0.05% of their portfolio | 78.1k $4.2m | Unchanged |
| Fruth Investment Management 1.17% of their portfolio | 77.7k $4.2m | Unchanged |