Olin
269 hedge funds and large institutions have $2.67B invested in Olin in 2016 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 122 increasing their positions, 65 reducing their positions, and 64 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 65
79% more call options, than puts
Call options by funds: $16.1M | Put options by funds: $8.99M
2.93% more ownership
Funds ownership: 90.84% → 93.77% (+2.9%)
3% more capital invested
Capital invested by funds: $2.58B → $2.67B (+$86.9M)
5% less funds holding
Funds holding: 282 → 269 (-13)
17% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 64
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
+$57.9M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$28.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.6M |
| 4 |
BHC
Bowen Hanes & Co
Ponte Vedra Beach,
Florida
|
+$17M |
| 5 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
+$16.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMC
Rubric Capital Management (Connecticut)
Stamford,
Connecticut
|
-$51.8M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$39.4M |
| 3 |
Morgan Stanley
New York
|
-$18.5M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$18.2M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$17.4M |
OLN Hedge Fund Activity: Q1 2016 in Review
269 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Olin (OLN) for Q1 2016, worth a combined $2.67B — up 3.4% from $2.58B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of OLN and 53 opened new positions — a net loss of 11 holders — while 65 trimmed existing stakes and 122 added.
The largest buyer was Baupost Group, adding an estimated $57.9M. The largest seller was Rubric Capital Management (Connecticut), exiting entirely with an estimated $51.8M sold.
- 269 institutional investors held Olin (OLN) as of Q1 2016, down from 282 in Q4 2015.
- Funds reported $2.67B of Olin stock for Q1 2016, up 3.4% quarter-over-quarter.
- 53 funds opened new Olin positions in Q1 2016 and 64 closed out, a net change of -11 holders.
- The largest Olin buyer in Q1 2016 was Baupost Group, an estimated $57.9M added.
- The largest Olin seller in Q1 2016 was Rubric Capital Management (Connecticut), an estimated $51.8M sold.
Based on aggregated 13F filings for Q1 2016.