Olin
319 hedge funds and large institutions have $5.24B invested in Olin in 2017 Q1 according to their latest regulatory filings, with 69 funds opening new positions, 79 increasing their positions, 128 reducing their positions, and 32 closing their positions.
234% more call options, than puts
Call options by funds: $30.2M | Put options by funds: $9.03M
116% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 32
23% more capital invested
Capital invested by funds: $4.27B → $5.24B (+$969M)
11% more funds holding
Funds holding: 288 → 319 (+31)
4.59% less ownership
Funds ownership: 100.82% → 96.22% (-4.6%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
38% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 128
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$589M |
| 2 |
KSCM
King Street Capital Management
New York
|
+$60M |
| 3 |
Millennium Management
New York
|
+$49.5M |
| 4 |
PC
PointState Capital
New York
|
+$42M |
| 5 |
Bank of New York Mellon
New York
|
+$32.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$50.2M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$47.2M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$41.6M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$25M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$21.9M |
OLN Hedge Fund Activity: Q1 2017 in Review
319 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Olin (OLN) for Q1 2017, worth a combined $5.24B — up 23% from $4.27B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new OLN positions and 32 closed out — a net gain of 37 holders — while 79 added to existing stakes and 128 trimmed.
The largest buyer was BlackRock, adding an estimated $589M. The largest seller was Fidelity Investments, cutting an estimated $50.2M.
- 319 institutional investors held Olin (OLN) as of Q1 2017, up from 288 in Q4 2016.
- Funds reported $5.24B of Olin stock for Q1 2017, up 23% quarter-over-quarter.
- 69 funds opened new Olin positions in Q1 2017 and 32 closed out, a net change of +37 holders.
- The largest Olin buyer in Q1 2017 was BlackRock, an estimated $589M added.
- The largest Olin seller in Q1 2017 was Fidelity Investments, an estimated $50.2M sold.
Based on aggregated 13F filings for Q1 2017.