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 ($185.0m this quarter). Holder counts are more reliable. Shares outstanding: 249.3m as of 2025-06-30, 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 ≈ $343.02. Options: 28 managers hold calls ($311.9m notional), 34 hold puts ($257.8m).
Trends to Q2 2025
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 |
| Q3 2024 | 1,650 |
| Q4 2024 | 1,681 |
| Q1 2025 | 1,655 |
| Q2 2025 | 1,650 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 629 | 573 |
| Q4 2023 | 643 | 652 |
| Q1 2024 | 656 | 728 |
| Q2 2024 | 691 | 708 |
| Q3 2024 | 741 | 699 |
| Q4 2024 | 706 | 735 |
| Q1 2025 | 710 | 769 |
| Q2 2025 | 754 | 705 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $354.2m | $316.3m | 0.89 |
| Q4 2024 | $386.0m | $299.4m | 0.78 |
| Q1 2025 | $302.4m | $316.1m | 1.05 |
| Q2 2025 | $311.9m | $257.8m | 0.83 |
Biggest buyers
| VIKING GLOBAL INVESTORS LP | Added | +985.5k |
| Assenagon Asset Management S.A. | Added | +720.0k |
| Capital International Investors | Added | +718.5k |
| BESSEMER GROUP INC | Added | +606.5k |
| Amundi | Added | +596.7k |
| ROYAL BANK OF CANADA | Added | +461.9k |
| BARCLAYS PLC | Added | +387.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +356.1k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Added | +351.5k |
| JPMORGAN CHASE & CO | Added | +280.3k |
Biggest sellers
| FMR LLC | Reduced | -1.0m |
| Alyeska Investment Group, L.P. | Sold out | -537.2k |
| Alphinity Investment Management Pty Ltd | Reduced | -521.5k |
| D. E. Shaw & Co., Inc. | Reduced | -439.7k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -363.1k |
| Foxhaven Asset Management, LP | Sold out | -349.6k |
| Invesco Ltd. | Reduced | -318.7k |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -289.5k |
| NORGES BANK | Reduced | -237.8k |
| UBS Group AG | Reduced | -234.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $128.8m375.0k shares |
| CITADEL ADVISORS LLC | Reduced | $47.6m138.7k shares |
| JANE STREET GROUP, LLC | Added | $34.9m101.6k shares |
| WOLVERINE TRADING, LLC | Reduced | $19.6m56.6k shares |
| IMC-Chicago, LLC | Added | $11.5m33.6k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $9.3m27.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $9.1m26.5k shares |
| Squarepoint Ops LLC | Added | $7.1m20.7k shares |
| PEAK6 LLC | Added | $5.9m17.2k shares |
| Verition Fund Management LLC | Added | $4.7m13.8k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $40.8m118.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $36.4m106.1k shares |
| BARCLAYS PLC | Reduced | $36.1m105.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $35.9m104.7k shares |
| WELLS FARGO & COMPANY/MN | New | $20.6m60.0k shares |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | $16.3m474 shares |
| JANE STREET GROUP, LLC | Reduced | $10.7m31.2k shares |
| Verition Fund Management LLC | Added | $5.9m17.1k shares |
| IMC-Chicago, LLC | New | $5.4m15.7k shares |
| MAI Capital Management | Added | $5.3m15.4k 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 2025
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 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 1 | $504.9k | 2 | $2.2m | — |
| Q1 2024 | 0 | — | 5 | $10.3m | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 4 | $51.5m | — |
| Q4 2024 | 0 | — | 3 | $9.3m | — |
| Q1 2025 | 0 | — | 1 | $1.0m | — |
| Q2 2025 | 0 | — | 1 | $1.5m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-06 | Rea Todd D President, Consumer Brands Grp | Sold | $1.5m4.2k 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 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.12% of their portfolio | 22.3m $7.7bn | Added +246.0k |
| BlackRock, Inc. 0.12% of their portfolio | 17.6m $6.1bn | Added +200.2k |
| STATE STREET CORP 0.20% of their portfolio | 15.4m $5.3bn | Added +30.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.35% of their portfolio | 9.0m $3.1bn | Added +356.1k |
| MORGAN STANLEY 0.16% of their portfolio | 7.2m $2.5bn | Added +90.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.12% of their portfolio | 5.1m $1.7bn | Added +90.5k |
| FMR LLC 0.09% of their portfolio | 4.7m $1.6bn | Reduced -1.0m |
| ALLIANCEBERNSTEIN L.P. 0.47% of their portfolio | 4.2m $1.4bn | Reduced -206.2k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 1.38% of their portfolio | 3.9m $1.3bn | Added +351.5k |
| NORGES BANK 0.16% of their portfolio | 3.8m $1.3bn | Reduced -237.8k |
| Capital Research Global Investors 0.24% of their portfolio | 3.4m $1.2bn | Added +51.8k |
| JPMORGAN CHASE & CO 0.07% of their portfolio | 3.0m $1.0bn | Added +280.3k |
| Clearbridge Investments, LLC 0.75% of their portfolio | 2.7m $919.9m | Added +231.0k |
| Capital International Investors 0.16% of their portfolio | 2.6m $900.7m | Added +718.5k |
| NORTHERN TRUST CORP 0.12% of their portfolio | 2.6m $897.4m | Added +48.2k |
| BARCLAYS PLC 0.32% of their portfolio | 2.3m $795.6m | Added +387.9k |
| GOLDMAN SACHS GROUP INC 0.11% of their portfolio | 2.0m $698.2m | Added +13.2k |
| VIKING GLOBAL INVESTORS LP 1.94% of their portfolio | 2.0m $672.2m | Added +985.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.13% of their portfolio | 1.9m $666.5m | Added +200.5k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.20% of their portfolio | 1.9m $641.7m | Reduced -95.0k |
| UBS Group AG 0.13% of their portfolio | 1.8m $622.4m | Reduced -234.1k |
| Fiera Capital Corp 2.08% of their portfolio | 1.8m $614.6m | Reduced -45.6k |
| PineStone Asset Management Inc. 3.73% of their portfolio | 1.7m $577.2m | Added +180.6k |
| Amundi 0.20% of their portfolio | 1.7m $587.0m | Added +596.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.09% of their portfolio | 1.6m $536.8m | Added +27.0k |
| Bank of New York Mellon Corp 0.10% of their portfolio | 1.5m $524.0m | Reduced -150.2k |
| Legal & General Group Plc 0.13% of their portfolio | 1.5m $513.6m | Added +37.9k |
| DIMENSIONAL FUND ADVISORS LP 0.11% of their portfolio | 1.4m $492.6m | Reduced -44.6k |
| FRANKLIN RESOURCES INC 0.13% of their portfolio | 1.4m $489.4m | Reduced -40.8k |
| PARNASSUS INVESTMENTS, LLC 1.01% of their portfolio | 1.3m $435.8m | Reduced -64.6k |
| ROYAL BANK OF CANADA 0.04% of their portfolio | 1.3m $432.2m | Added +461.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio | 1.2m $428.6m | Added +84.5k |
| TIGER GLOBAL MANAGEMENT LLC 1.21% of their portfolio | 1.2m $413.5m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 1.2m $395.6m | Added +18.8k |
| WELLS FARGO & COMPANY/MN 0.08% of their portfolio | 1.1m $386.1m | Reduced -24.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.11% of their portfolio | 1.1m $371.5m | Added +19.6k |
| Invesco Ltd. 0.06% of their portfolio | 1.0m $346.5m | Reduced -318.7k |
| CHILTON INVESTMENT CO INC. 7.47% of their portfolio | 979.8k $336.4m | Added +32.3k |
| Holocene Advisors, LP 0.81% of their portfolio | 955.8k $328.2m | Added +257.1k |
| Alphinity Investment Management Pty Ltd 2.77% of their portfolio | 943.1k $323.8m | Reduced -521.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.17% of their portfolio | 936.2k $321.5m | Reduced -28.1k |
| DEUTSCHE BANK AG\ 0.12% of their portfolio | 927.0k $318.3m | Reduced -103.5k |
| Capital World Investors 0.04% of their portfolio | 898.9k $308.7m | Added +11.3k |
| FLOSSBACH VON STORCH SE 1.25% of their portfolio | 888.4k $305.0m | Added +20.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.18% of their portfolio | 860.8k $295.6m | Added +24.0k |
| Assenagon Asset Management S.A. 0.46% of their portfolio | 839.8k $288.3m | Added +720.0k |
| 1832 Asset Management L.P. 0.47% of their portfolio | 784.1k $269.2m | Reduced -164.8k |
| Nuveen, LLC 0.07% of their portfolio | 770.9k $264.7m | Added +10.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.21% of their portfolio | 768.3k $263.8m | Added +49.9k |
| Swiss National Bank 0.15% of their portfolio | 723.3k $248.4m | Added +48.4k |
| Fayez Sarofim & Co 0.55% of their portfolio | 666.0k $228.7m | Reduced -23.2k |
| XN LP 7.64% of their portfolio | 637.9k $219.0m | Added +133.6k |
| ProShare Advisors LLC 0.43% of their portfolio | 630.0k $216.3m | Added +4.1k |
| RAYMOND JAMES FINANCIAL INC 0.07% of their portfolio | 629.7k $216.2m | Reduced -13.5k |
| BROWN ADVISORY INC 0.28% of their portfolio | 626.9k $215.3m | Reduced -77.1k |
| BESSEMER GROUP INC 0.35% of their portfolio | 621.5k $213.4m | Added +606.5k |
| AMERIPRISE FINANCIAL INC 0.05% of their portfolio | 578.3k $198.5m | Reduced -20.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.16% of their portfolio | 565.5k $194.2m | Reduced -14.8k |
| JENSEN INVESTMENT MANAGEMENT INC 2.25% of their portfolio | 558.3k $191.7m | Reduced -23.2k |
| National Pension Service 0.16% of their portfolio | 539.0k $185.1m | Reduced -189.4k |
| Ensign Peak Advisors, Inc 0.31% of their portfolio | 531.5k $182.5m | Added +4.2k |
| HSBC HOLDINGS PLC 0.11% of their portfolio | 521.7k $179.1m | Reduced -48.1k |
| DAVENPORT & Co LLC 0.97% of their portfolio | 510.6k $175.7m | Reduced -1.0k |
| HighTower Advisors, LLC 0.21% of their portfolio | 494.3k $169.7m | Added +12.3k |
| Findlay Park Partners LLP 1.70% of their portfolio | 481.3k $165.3m | Reduced -17.3k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 1.51% of their portfolio | 470.9k $161.7m | Added +213.7k |
| Spear Holdings RSC Ltd 11.76% of their portfolio | 467.8k $160.6m | Added +218.2k |
| Russell Investments Group, Ltd. 0.20% of their portfolio | 464.6k $159.7m | Reduced -25.6k |
| MAIRS & POWER INC 1.56% of their portfolio | 460.6k $158.2m | Reduced -10.7k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.60% of their portfolio | 450.7k $154.7m | Reduced -844 |
| BNP PARIBAS FINANCIAL MARKETS 0.12% of their portfolio | 446.2k $153.2m | Reduced -175.6k |
| MONTRUSCO BOLTON INVESTMENTS INC. 1.66% of their portfolio | 442.9k $149.4m | Reduced -1.6k |
| RHUMBLINE ADVISERS 0.13% of their portfolio | 433.8k $149.0m | Reduced -5.4k |
| California Public Employees Retirement System 0.09% of their portfolio | 426.7k $146.5m | Reduced -71.6k |
| BANK OF MONTREAL /CAN/ 0.07% of their portfolio | 416.6k $143.1m | Added +11.5k |
| AXA S.A. 0.41% of their portfolio | 414.8k $142.4m | Added +22.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.16% of their portfolio | 408.6k $140.3m | Added +2.6k |
| AMERICAN CENTURY COMPANIES INC 0.08% of their portfolio | 407.1k $139.8m | Reduced -986 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.10% of their portfolio | 401.1k $137.7m | Added +115.8k |
| Milestone Resources Group Ltd 7.09% of their portfolio | 395.8k $135.9m | Reduced -1.2k |
| Douglass Winthrop Advisors, LLC 2.43% of their portfolio | 391.2k $134.3m | Added +4.1k |
| CITIGROUP INC 0.09% of their portfolio | 388.0k $133.2m | Added +50.6k |
| Allianz Asset Management GmbH 0.17% of their portfolio | 377.5k $129.6m | Reduced -54.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.13% of their portfolio | 375.7k $128.4m | Reduced -363.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.23% of their portfolio | 374.5k $128.6m | Reduced -5.3k |
| MACQUARIE GROUP LTD 0.15% of their portfolio | 366.0k $125.7m | Reduced -8.7k |
| Baird Financial Group, Inc. 0.22% of their portfolio | 360.7k $123.8m | Added +9.1k |
| STIFEL FINANCIAL CORP 0.12% of their portfolio | 359.6k $123.5m | Added +6.7k |
| JARISLOWSKY, FRASER Ltd 0.70% of their portfolio | 356.3k $122.4m | Added +423 |
| Canoe Financial LP 1.73% of their portfolio | 353.2k $121.3m | Reduced -950 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.16% of their portfolio | 346.1k $118.8m | Reduced -1.1k |
| NATIXIS ADVISORS, LLC 0.19% of their portfolio | 342.6k $117.6m | Added +72.9k |
| NATIONAL BANK OF CANADA /FI/ 0.12% of their portfolio | 325.8k $111.8m | Reduced -289.5k |
| CANADA LIFE ASSURANCE Co 0.17% of their portfolio | 318.6k $109.4m | Added +24.1k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.40% of their portfolio | 313.9k $107.8m | Reduced -3.0k |
| FIFTH THIRD BANCORP 0.37% of their portfolio | 313.3k $107.6m | Reduced -33.4k |
| ALKEON CAPITAL MANAGEMENT LLC 0.51% of their portfolio | 306.7k $105.3m | Unchanged |
| Williams Jones Wealth Management, LLC. 1.24% of their portfolio | 303.1k $104.1m | Added +5.9k |
| MACKENZIE FINANCIAL CORP 0.13% of their portfolio | 300.5k $103.2m | Reduced -2.6k |
| NEUBERGER BERMAN GROUP LLC 0.08% of their portfolio | 286.5k $98.4m | Reduced -4.3k |