SHERWIN WILLIAMS CO SHW
COM · Common Stock · CUSIP 824348106 · ISIN US8243481061
American paint and coatings manufacturing company
- SectorConsumer discretionary
- IndustryRetail-Building Materials, Hardware, Garden Supply
- HeadquartersCleveland, OH
- Founded1866
- Websitesherwin-williams.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 ($259.0m this quarter). Holder counts are more reliable. Shares outstanding: 252.3m as of 2024-06-30, 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 ≈ $298.47. Options: 30 managers hold calls ($278.7m notional), 29 hold puts ($174.2m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,261 |
| Q4 2022 | 1,329 |
| Q1 2023 | 1,300 |
| Q2 2023 | 1,363 |
| Q3 2023 | 1,404 |
| Q4 2023 | 1,513 |
| Q1 2024 | 1,584 |
| Q2 2024 | 1,537 |
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 | 559 | 578 |
| Q1 2023 | 563 | 613 |
| Q2 2023 | 604 | 566 |
| Q3 2023 | 629 | 573 |
| Q4 2023 | 643 | 652 |
| Q1 2024 | 656 | 728 |
| Q2 2024 | 691 | 708 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $386.7m | $194.0m | 0.50 |
| Q4 2023 | $538.2m | $349.0m | 0.65 |
| Q1 2024 | $296.4m | $464.7m | 1.57 |
| Q2 2024 | $278.7m | $174.2m | 0.62 |
Biggest buyers
| Assenagon Asset Management S.A. | Added | +898.1k |
| BlackRock Inc. | Added | +833.5k |
| Vontobel Holding Ltd. | Added | +783.1k |
| FLOSSBACH VON STORCH SE | Added | +745.7k |
| Qube Research & Technologies Ltd | Added | +581.4k |
| JENSEN INVESTMENT MANAGEMENT INC | New | +568.9k |
| BANK OF AMERICA CORP /DE/ | Added | +563.3k |
| 1832 Asset Management L.P. | Added | +496.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +425.9k |
| VIKING GLOBAL INVESTORS LP | New | +407.8k |
Biggest sellers
| MORGAN STANLEY | Reduced | -8.9m |
| Capital World Investors | Reduced | -1.8m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -1.1m |
| Sustainable Growth Advisers, LP | Reduced | -1.1m |
| JANUS HENDERSON GROUP PLC | Reduced | -1.1m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -792.3k |
| Amundi | Reduced | -704.3k |
| FMR LLC | Reduced | -571.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -517.3k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -512.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $78.3m262.3k shares |
| CITADEL ADVISORS LLC | Added | $34.0m113.9k shares |
| BARCLAYS PLC | Added | $27.0m90.5k shares |
| JPMORGAN CHASE & CO | Unchanged | $24.2m81.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $22.7m75.9k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $16.7m55.9k shares |
| WOLVERINE TRADING, LLC | Added | $8.6m28.7k shares |
| JANE STREET GROUP, LLC | Added | $8.3m27.9k shares |
| Walleye Capital LLC | Added | $8.2m27.5k shares |
| Interval Partners, LP | New | $6.9m232 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $34.5m115.7k shares |
| CITADEL ADVISORS LLC | Reduced | $17.1m57.4k shares |
| Walleye Capital LLC | Added | $16.2m54.3k shares |
| 11 Capital Partners LP | New | $14.9m50.0k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $14.2m47.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $10.8m36.3k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $9.3m310 shares |
| Parallax Volatility Advisers, L.P. | Added | $9.0m30.0k shares |
| Cubist Systematic Strategies, LLC | Added | $7.7m25.7k shares |
| SpiderRock Advisors, LLC | Added | $6.9m23.0k 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.0% |
| STATE STREET CORP 13G · institution new · filed 2025-02-04 | 6.3% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
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 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 1 | $500.3k | 1 | $607.1k | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 1 | $504.9k | 2 | $2.2m | — |
| Q1 2024 | 0 | — | 5 | $10.3m | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.13% of their portfolio | 21.9m $6.5bn | Added +270.7k |
| BlackRock Inc. 0.11% of their portfolio | 17.0m $5.1bn | Added +833.5k |
| STATE STREET CORP 0.13% of their portfolio | 10.1m $3.0bn | Added +4.4k |
| MORGAN STANLEY 0.17% of their portfolio | 7.4m $2.2bn | Reduced -8.9m |
| FMR LLC 0.10% of their portfolio | 5.5m $1.6bn | Reduced -571.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.12% of their portfolio | 4.7m $1.4bn | Added +36.6k |
| ALLIANCEBERNSTEIN L.P. 0.45% of their portfolio | 4.3m $1.3bn | Reduced -60.9k |
| NORGES BANK 0.18% of their portfolio | 4.1m $1.2bn | Added +181.0k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 3.3m $992.5m | Reduced -31.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.12% of their portfolio | 3.3m $987.4m | Reduced -47.0k |
| Clearbridge Investments, LLC 0.66% of their portfolio | 2.7m $810.4m | Reduced -28.6k |
| PARNASSUS INVESTMENTS, LLC 1.61% of their portfolio | 2.5m $741.4m | Reduced -45.9k |
| Capital International Investors 0.15% of their portfolio | 2.4m $720.1m | Added +110.9k |
| Fiera Capital Corp 2.15% of their portfolio | 2.3m $694.8m | Reduced -222.6k |
| NORTHERN TRUST CORP 0.11% of their portfolio | 2.3m $674.2m | Reduced -51.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.21% of their portfolio | 2.2m $669.0m | Reduced -1.1m |
| GOLDMAN SACHS GROUP INC 0.13% of their portfolio | 2.2m $648.7m | Reduced -237.2k |
| Capital Research Global Investors 0.13% of their portfolio | 2.0m $591.3m | Reduced -83.7k |
| Alphinity Investment Management Pty Ltd 3.96% of their portfolio | 1.8m $537.7m | Added +327.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.15% of their portfolio | 1.8m $531.1m | Added +425.9k |
| BANK OF AMERICA CORP /DE/ 0.05% of their portfolio | 1.7m $504.4m | Added +563.3k |
| BARCLAYS PLC 0.22% of their portfolio | 1.6m $479.1m | Added +95.0k |
| Bank of New York Mellon Corp 0.09% of their portfolio | 1.6m $473.2m | Reduced -45.8k |
| D. E. Shaw & Co., Inc. 0.64% of their portfolio | 1.5m $454.9m | Added +238.0k |
| Legal & General Group Plc 0.13% of their portfolio | 1.5m $453.8m | Reduced -9.0k |
| 1832 Asset Management L.P. 0.77% of their portfolio | 1.4m $422.7m | Added +496.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.08% of their portfolio | 1.4m $419.4m | Added +29.0k |
| FRANKLIN RESOURCES INC 0.12% of their portfolio | 1.3m $398.3m | Reduced -17.6k |
| DIMENSIONAL FUND ADVISORS LP 0.10% of their portfolio | 1.3m $393.0m | Added +155.8k |
| CITADEL ADVISORS LLC 0.36% of their portfolio | 1.2m $361.5m | Added +147.8k |
| Qube Research & Technologies Ltd 0.66% of their portfolio | 1.2m $358.5m | Added +581.4k |
| Amundi 0.13% of their portfolio | 1.2m $347.9m | Reduced -704.3k |
| Invesco Ltd. 0.07% of their portfolio | 1.2m $347.5m | Added +133.6k |
| Allianz Asset Management GmbH 0.56% of their portfolio | 1.2m $345.1m | Added +393.2k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.37% of their portfolio | 1.1m $340.5m | Reduced -792.3k |
| UBS Group AG 0.10% of their portfolio | 1.1m $337.4m | Reduced -54.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.12% of their portfolio | 1.1m $336.6m | Added +50.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.33% of their portfolio | 1.1m $334.1m | Reduced -165.8k |
| AMERIPRISE FINANCIAL INC 0.09% of their portfolio | 1.1m $314.7m | Reduced -77.7k |
| Assenagon Asset Management S.A. 0.78% of their portfolio | 1.0m $312.0m | Added +898.1k |
| TWO SIGMA ADVISERS, LP 0.69% of their portfolio | 1.0m $310.2m | Added +395.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.18% of their portfolio | 1.0m $309.3m | Added +2.9k |
| PineStone Asset Management Inc. 3.25% of their portfolio | 1.0m $306.7m | Added +336.4k |
| WELLS FARGO & COMPANY/MN 0.07% of their portfolio | 942.4k $281.2m | Added +40.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio | 937.9k $279.9m | Added +71.5k |
| CHILTON INVESTMENT CO INC. 7.76% of their portfolio | 922.4k $275.3m | Added +9.2k |
| DEUTSCHE BANK AG\ 0.12% of their portfolio | 861.0k $256.9m | Added +79.6k |
| Holocene Advisors, LP 1.05% of their portfolio | 839.0k $250.4m | Added +187.4k |
| Vontobel Holding Ltd. 0.80% of their portfolio | 820.5k $244.9m | Added +783.1k |
| TWO SIGMA INVESTMENTS, LP 0.57% of their portfolio | 798.5k $238.3m | Added +188.4k |
| FLOSSBACH VON STORCH SE 0.99% of their portfolio | 792.6k $236.5m | Added +745.7k |
| BROWN ADVISORY INC 0.30% of their portfolio | 769.7k $229.7m | Added +22.2k |
| ROYAL BANK OF CANADA 0.06% of their portfolio | 764.8k $228.2m | Added +83.1k |
| Nuveen Asset Management, LLC 0.07% of their portfolio | 750.1k $223.8m | Reduced -75.1k |
| Swiss National Bank 0.15% of their portfolio | 714.7k $213.3m | Reduced -13.5k |
| Foxhaven Asset Management, LP 5.90% of their portfolio | 705.3k $210.5m | Unchanged |
| Capital World Investors 0.03% of their portfolio | 704.4k $210.2m | Reduced -1.8m |
| Fayez Sarofim & Co 0.55% of their portfolio | 682.7k $203.7m | Added +37.9k |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 1.14% of their portfolio | 647.5k $193.2m | Reduced -106.3k |
| ProShare Advisors LLC 0.50% of their portfolio | 623.4k $186.0m | Added +22.2k |
| HSBC HOLDINGS PLC 0.11% of their portfolio | 596.2k $178.1m | Added +112.3k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.74% of their portfolio | 595.6k $177.7m | Added +67.9k |
| Ensign Peak Advisors, Inc 0.32% of their portfolio | 583.6k $174.2m | Reduced -30.9k |
| BESSEMER GROUP INC 0.30% of their portfolio | 569.0k $169.8m | Reduced -5.0k |
| JENSEN INVESTMENT MANAGEMENT INC 1.39% of their portfolio | 568.9k $169.8m | New |
| Sumitomo Mitsui Trust Group, Inc. 0.12% of their portfolio | 538.3k $160.6m | Reduced -63.7k |
| RAYMOND JAMES & ASSOCIATES 0.10% of their portfolio | 532.1k $158.8m | Added +8.0k |
| BANK OF NOVA SCOTIA 0.31% of their portfolio | 526.4k $157.1m | Added +101.0k |
| HighTower Advisors, LLC 0.24% of their portfolio | 514.5k $153.4m | Reduced -4.2k |
| DAVENPORT & Co LLC 0.97% of their portfolio | 514.4k $153.1m | Reduced -1.7k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 1.41% of their portfolio | 511.6k $152.7m | Reduced -166.0k |
| BANK OF MONTREAL /CAN/ 0.05% of their portfolio | 508.7k $151.3m | Added +211.8k |
| NEUBERGER BERMAN GROUP LLC 0.12% of their portfolio | 492.1k $146.8m | Reduced -92.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.16% of their portfolio | 491.7k $146.7m | Added +6.9k |
| Point72 Asset Management, L.P. 0.46% of their portfolio | 476.4k $142.2m | Added +202.1k |
| MAIRS & POWER INC 1.33% of their portfolio | 460.0k $137.3m | Reduced -1.0k |
| PRUDENTIAL FINANCIAL INC 0.21% of their portfolio | 458.5k $136.8m | Reduced -19.2k |
| RHUMBLINE ADVISERS 0.13% of their portfolio | 450.0k $134.3m | Reduced -4.2k |
| California Public Employees Retirement System 0.10% of their portfolio | 449.1k $134.0m | Reduced -16.0k |
| NATIXIS ADVISORS, LLC 0.29% of their portfolio | 444.7k $132.7m | Reduced -89.8k |
| National Pension Service 0.15% of their portfolio | 428.1k $127.8m | Added +2.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.15% of their portfolio | 418.5k $124.9m | Added +7.8k |
| JARISLOWSKY, FRASER Ltd 0.75% of their portfolio | 411.2k $122.7m | Reduced -2.0k |
| VIKING GLOBAL INVESTORS LP 0.47% of their portfolio | 407.8k $121.7m | New |
| Milestone Resources Group Ltd 4.06% of their portfolio | 397.0k $118.5m | Unchanged |
| CONGRESS ASSET MANAGEMENT CO 0.84% of their portfolio | 394.6k $117.8m | Added +5.5k |
| DekaBank Deutsche Girozentrale 0.21% of their portfolio | 393.0k $116.3m | Added +258.5k |
| Douglass Winthrop Advisors, LLC 2.37% of their portfolio | 388.3k $115.9m | Added +2.9k |
| Allspring Global Investments Holdings, LLC 0.19% of their portfolio | 381.5k $113.9m | Reduced -23.4k |
| CITIGROUP INC 0.11% of their portfolio | 381.1k $113.7m | Reduced -16.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.11% of their portfolio | 378.8k $113.0m | Reduced -66.0k |
| FEDERATED HERMES, INC. 0.27% of their portfolio | 377.3k $112.6m | Reduced -1.8k |
| STIFEL FINANCIAL CORP 0.12% of their portfolio | 361.0k $107.7m | Added +807 |
| Squarepoint Ops LLC 0.40% of their portfolio | 358.8k $107.1m | Added +130.4k |
| Russell Investments Group, Ltd. 0.17% of their portfolio | 356.7k $106.3m | Reduced -51.7k |
| Baird Financial Group, Inc. 0.22% of their portfolio | 348.5k $104.0m | Added +4.3k |
| Findlay Park Partners LLP 0.98% of their portfolio | 347.5k $103.7m | Reduced -2.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.12% of their portfolio | 338.7k $101.1m | Added +34.8k |
| CIBC Private Wealth Group LLC 0.19% of their portfolio | 337.7k $101.4m | Reduced -112.8k |
| FIFTH THIRD BANCORP 0.38% of their portfolio | 334.2k $99.7m | Reduced -110 |