Olin
314 hedge funds and large institutions have $4.71B invested in Olin in 2017 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 115 increasing their positions, 111 reducing their positions, and 48 closing their positions.
132% more call options, than puts
Call options by funds: $44.2M | Put options by funds: $19M
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
4% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 111
4% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 48
2% less funds holding
Funds holding: 319 → 314 (-5)
2.48% less ownership
Funds ownership: 96.22% → 93.75% (-2.5%)
10% less capital invested
Capital invested by funds: $5.24B → $4.71B (-$529M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$97.7M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$80M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$50.8M |
| 4 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$47.5M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
+$44.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$124M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$108M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$64.8M |
| 4 |
PC
PointState Capital
New York
|
-$59.7M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$49.7M |
OLN Hedge Fund Activity: Q2 2017 in Review
314 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Olin (OLN) for Q2 2017, worth a combined $4.71B — down 10% from $5.24B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of OLN and 46 opened new positions — a net loss of 2 holders — while 111 trimmed existing stakes and 115 added.
The largest buyer was Millennium Management, adding an estimated $97.7M. The largest seller was BlackRock, cutting an estimated $124M.
- 314 institutional investors held Olin (OLN) as of Q2 2017, down from 319 in Q1 2017.
- Funds reported $4.71B of Olin stock for Q2 2017, down 10% quarter-over-quarter.
- 46 funds opened new Olin positions in Q2 2017 and 48 closed out, a net change of -2 holders.
- The largest Olin buyer in Q2 2017 was Millennium Management, an estimated $97.7M added.
- The largest Olin seller in Q2 2017 was BlackRock, an estimated $124M sold.
Based on aggregated 13F filings for Q2 2017.