STEPAN CO SCL
COM · Common Stock · CUSIP 858586100 · ISIN US8585861003
- SectorConsumer staples
- IndustrySoap, Detergents, Cleang Preparations, Perfumes, Cosmetics
- HeadquartersNorthfield, IL
- 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 ($1.5m this quarter). Holder counts are more reliable. Shares outstanding: 22.5m as of 2024-07-31, 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 ≈ $83.96. Options: 4 managers hold calls ($864.4k notional), 1 hold puts ($0).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 204 |
| Q4 2022 | 210 |
| Q1 2023 | 208 |
| Q2 2023 | 196 |
| Q3 2023 | 200 |
| Q4 2023 | 196 |
| Q1 2024 | 201 |
| Q2 2024 | 216 |
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 | 105 | 83 |
| Q1 2023 | 88 | 95 |
| Q2 2023 | 78 | 105 |
| Q3 2023 | 94 | 93 |
| Q4 2023 | 87 | 103 |
| Q1 2024 | 80 | 90 |
| Q2 2024 | 103 | 86 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $1.1m | $517.3k | 0.48 |
| Q4 2023 | $1.7m | $501.1k | 0.29 |
| Q1 2024 | $1.5m | $234.1k | 0.15 |
| Q2 2024 | $864.4k | $0 | 0.00 |
Biggest buyers
| Gotham Asset Management, LLC | New | +168.8k |
| Cresset Asset Management, LLC | New | +100.6k |
| AMERICAN CENTURY COMPANIES INC | Added | +71.4k |
| WESTWOOD HOLDINGS GROUP INC | Added | +52.9k |
| DIMENSIONAL FUND ADVISORS LP | Added | +34.3k |
| Edgestream Partners, L.P. | New | +24.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +23.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +21.7k |
| Squarepoint Ops LLC | Added | +19.5k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +18.0k |
Biggest sellers
| MORGAN STANLEY | Reduced | -1.1m |
| HighTower Advisors, LLC | Reduced | -177.5k |
| FIRST TRUST ADVISORS LP | Reduced | -112.6k |
| BlackRock Inc. | Reduced | -61.8k |
| JPMORGAN CHASE & CO | Reduced | -45.3k |
| Allspring Global Investments Holdings, LLC | Reduced | -41.4k |
| NFJ INVESTMENT GROUP, LLC | Reduced | -33.8k |
| STATE STREET CORP | Reduced | -27.8k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -21.5k |
| DEAN INVESTMENT ASSOCIATES, LLC | Reduced | -19.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $604.5k7.2k shares |
| CITADEL ADVISORS LLC | Added | $251.9k3.0k shares |
| SIMPLEX TRADING, LLC | New | $8.0k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-29 | 14.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.0% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution +0.2 pts · filed 2026-10-08 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO 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 | 1 | $56.2k | 3 | $361.4k | — |
| Q4 2022 | 0 | — | 2 | $806.0k | — |
| Q1 2023 | 0 | — | 3 | $2.8m | — |
| Q2 2023 | 0 | — | 2 | $748.0k | — |
| Q3 2023 | 0 | — | 2 | $1.0m | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 3 | $2.5m | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 3.3m $281.1m | Reduced -61.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.5m $213.8m | Reduced -17.9k |
| HighTower Advisors, LLC 0.22% of their portfolio | 1.7m $142.0m | Reduced -177.5k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.3m $107.4m | Added +34.3k |
| STATE STREET CORP 0.00% of their portfolio | 1.2m $98.9m | Reduced -27.8k |
| WESTWOOD HOLDINGS GROUP INC 0.29% of their portfolio | 747.1k $62.7m | Added +52.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio | 699.9k $58.8m | Reduced -21.5k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 563.3k $47.3m | Reduced -112.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 482.2k $40.5m | Added +18.0k |
| MORGAN STANLEY 0.00% of their portfolio | 455.5k $38.2m | Reduced -1.1m |
| DEPRINCE RACE & ZOLLO INC 0.79% of their portfolio | 424.2k $35.6m | Added +17.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 355.4k $29.8m | Added +16.1k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 325.4k $27.3m | Added +6.5k |
| SOUTHERNSUN ASSET MANAGEMENT, LLC 2.82% of their portfolio | 278.7k $23.4m | Added +16.2k |
| NFJ INVESTMENT GROUP, LLC 0.67% of their portfolio | 259.9k $21.8m | Reduced -33.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 254.1k $21.3m | Reduced -19.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 238.3k $20.0m | Reduced -45.3k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 211.3k $17.7m | Added +71.4k |
| Gotham Asset Management, LLC 0.18% of their portfolio | 168.8k $14.2m | New |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 128.5k $10.8m | Reduced -41.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 126.4k $10.6m | Added +3.6k |
| GRACE & WHITE INC /NY 1.93% of their portfolio | 122.6k $10.3m | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 119.5k $10.0m | Reduced -8.3k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 116.0k $9.7m | Added +8.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 105.4k $8.8m | Reduced -5.0k |
| Cresset Asset Management, LLC 0.04% of their portfolio | 100.6k $8.4m | New |
| NORGES BANK 0.00% of their portfolio | 99.4k $8.3m | Reduced -16.8k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 92.2k $7.7m | Reduced -446 |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 80.6k $6.8m | Reduced -1.7k |
| ProShare Advisors LLC 0.02% of their portfolio | 76.2k $6.4m | Reduced -14.1k |
| UBS Group AG 0.00% of their portfolio | 73.1k $6.1m | Reduced -10.8k |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 70.9k $6.0m | Added +500 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio | 63.3k $5.3m | Reduced -7.6k |
| Legal & General Group Plc 0.00% of their portfolio | 61.8k $5.2m | Reduced -893 |
| O'Keefe Stevens Advisory, Inc. 1.68% of their portfolio | 60.0k $5.0m | Added +1.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 58.1k $4.9m | Reduced -3.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 56.9k $4.8m | Added +12.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 52.3k $4.4m | Added +23.3k |
| Public Sector Pension Investment Board 0.03% of their portfolio | 47.0k $3.9m | Added +3.4k |
| CenterBook Partners LP 0.23% of their portfolio | 44.4k $3.7m | Added +17.6k |
| Swiss National Bank 0.00% of their portfolio | 44.1k $3.7m | Unchanged |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 41.3k $3.5m | Added +21.7k |
| Fisher Asset Management, LLC 0.00% of their portfolio | 39.0k $3.3m | Unchanged |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 35.9k $3.0m | Reduced -1.8k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 35.7k $3.0m | Reduced -5.6k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 29.3k $2.5m | Added +3.7k |
| ROMANO BROTHERS AND COMPANY 0.32% of their portfolio | 27.8k $2.3m | Reduced -61 |
| Squarepoint Ops LLC 0.01% of their portfolio | 27.4k $2.3m | Added +19.5k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 26.8k $2.2m | Added +14.3k |
| Meiji Yasuda Asset Management Co Ltd. 0.09% of their portfolio | 26.2k $2.2m | Reduced -5.4k |
| Edgestream Partners, L.P. 0.10% of their portfolio | 24.0k $2.0m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 24.0k $2.0m | Added +610 |
| DEAN INVESTMENT ASSOCIATES, LLC 0.28% of their portfolio | 23.4k $2.0m | Reduced -19.7k |
| GSA CAPITAL PARTNERS LLP 0.13% of their portfolio | 22.8k $1.9m | Added +14.7k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 22.8k $1.9m | Reduced -845 |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 22.4k $1.9m | Reduced -8.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 21.8k $1.8m | Reduced -494 |
| Bahl & Gaynor LLC 0.01% of their portfolio | 19.5k $1.6m | Added +1.1k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 18.1k $1.5m | Added +14.4k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 17.7k $1.5m | Reduced -709 |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 17.0k $1.4m | Added +5.4k |
| BARCLAYS PLC 0.00% of their portfolio | 16.1k $1.4m | Reduced -9.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 15.8k $1.3m | Added +246 |
| CITIGROUP INC 0.00% of their portfolio | 15.5k $1.3m | Reduced -1.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 14.6k $1.2m | Added +710 |
| Wellington Shields Capital Management, LLC 0.22% of their portfolio | 14.5k $1.2m | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 13.6k $1.1m | Reduced -167 |
| Greenfield Seitz Capital Management, LLC 0.40% of their portfolio | 12.9k $1.1m | Added +17 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 12.7k $1.1m | Added +1.5k |
| US BANCORP \DE\ 0.00% of their portfolio | 12.7k $1.1m | Added +25 |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 12.5k $1.1m | Reduced -409 |
| Corebridge Financial, Inc. 0.01% of their portfolio | 12.4k $1.0m | First filing |
| MetLife Investment Management, LLC 0.01% of their portfolio | 12.3k $1.0m | Added +1.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 11.9k $1.0m | Added +541 |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 11.8k $987.4k | Reduced -662 |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 11.5k $962.0k | Added +2.5k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 11.4k $956.2k | First filing |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 11.0k $925.0k | Added +1.8k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 10.9k $920.2k | Reduced -183 |
| Louisiana State Employees Retirement System 0.02% of their portfolio | 10.7k $898.4k | Added +200 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 10.2k $859.7k | Reduced -1.2k |
| CWM, LLC 0.00% of their portfolio | 10.2k $857.0k | Reduced -732 |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 9.9k $832.4k | New |
| SHERBROOKE PARK ADVISERS LLC 0.15% of their portfolio | 9.9k $830.1k | Added +4.5k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 9.7k $818.1k | Reduced -109 |
| Creative Planning 0.00% of their portfolio | 9.3k $784.7k | Added +1.1k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 9.2k $772.4k | Reduced -3.1k |
| MONETA GROUP INVESTMENT ADVISORS LLC 0.01% of their portfolio | 9.1k $766.3k | Added +1.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 8.9k $745.6k | Reduced -1 |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 8.8k $739.0k | Unchanged |
| Legato Capital Management LLC 0.10% of their portfolio | 8.6k $725.9k | Reduced -6.1k |
| Dean Capital Management 0.93% of their portfolio | 8.6k $725.9k | Reduced -6.1k |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 8.5k $717.4k | Reduced -1.0k |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 8.5k $717.1k | Added +192 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 8.5k $711.2k | Reduced -2.7k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 8.3k $696.4k | New |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 8.1k $679.4k | New |
| SpiderRock Advisors, LLC 0.02% of their portfolio | 7.9k $665.6k | Unchanged |
| ZACKS INVESTMENT MANAGEMENT 0.01% of their portfolio | 7.9k $660.6k | New |
| COMERICA BANK 0.00% of their portfolio | 7.8k $656.3k | Reduced -967 |