Olin
268 hedge funds and large institutions have $3.33B invested in Olin in 2016 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 99 increasing their positions, 94 reducing their positions, and 37 closing their positions.
66% more call options, than puts
Call options by funds: $34.6M | Put options by funds: $20.9M
5% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 94
1.24% less ownership
Funds ownership: 104.65% → 103.41% (-1.2%)
3% less funds holding
Funds holding: 276 → 268 (-8)
14% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 37
22% less capital invested
Capital invested by funds: $4.29B → $3.33B (-$962M)
80% less funds holding in top 10
Funds holding in top 10: 10 → 2 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$69.2M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$42.7M |
| 3 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
+$42.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$39.8M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$22.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$98.1M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$63.9M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$35.7M |
| 4 |
RAM
RWC Asset Management
London,
United Kingdom
|
-$25.9M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
-$25.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCA
301
Checchi Capital Advisers
Beverly Hills,
California
| – | -$8K | -329 | Closed |
|
302
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$7K | -294 | Closed |
|
|
KT
303
Kanaly Trust
Houston,
Texas
| – | -$3K | -109 | Closed |
|
|
QCG
304
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$1K | -64 | Closed |
|
|
DPA
305
Delphi Private Advisors
San Diego,
California
| – | -$1K | -49 | Closed |
|
|
WTB
306
Washington Trust Bank
Spokane,
Washington
| – | +$430 | +20 | New |
|
OLN Hedge Fund Activity: Q3 2016 in Review
268 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Olin (OLN) for Q3 2016, worth a combined $3.33B — down 22% from $4.29B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of OLN and 32 opened new positions — a net loss of 5 holders — while 94 trimmed existing stakes and 99 added.
The largest buyer was Adage Capital Partners, adding an estimated $69.2M. The largest seller was Baupost Group, cutting an estimated $98.1M.
- 268 institutional investors held Olin (OLN) as of Q3 2016, down from 276 in Q2 2016.
- Funds reported $3.33B of Olin stock for Q3 2016, down 22% quarter-over-quarter.
- 32 funds opened new Olin positions in Q3 2016 and 37 closed out, a net change of -5 holders.
- The largest Olin buyer in Q3 2016 was Adage Capital Partners, an estimated $69.2M added.
- The largest Olin seller in Q3 2016 was Baupost Group, an estimated $98.1M sold.
Based on aggregated 13F filings for Q3 2016.