Olin
314 hedge funds and large institutions have $4.26B invested in Olin in 2018 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 106 increasing their positions, 101 reducing their positions, and 60 closing their positions.
1.76% more ownership
Funds ownership: 86.86% → 88.63% (+1.8%)
9% more call options, than puts
Call options by funds: $10.7M | Put options by funds: $9.8M
5% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 101
4% less capital invested
Capital invested by funds: $4.41B → $4.26B (-$157M)
6% less funds holding
Funds holding: 335 → 314 (-21)
28% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 60
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$160M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$145M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$27.7M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$25.5M |
| 5 |
D.E. Shaw & Co
New York
|
+$18.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$46.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$39.1M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
-$37.3M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$25.9M |
| 5 |
SIM
Stelliam Investment Management
New York
|
-$25.7M |
OLN Hedge Fund Activity: Q2 2018 in Review
314 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Olin (OLN) for Q2 2018, worth a combined $4.26B — down 3.6% from $4.41B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of OLN and 43 opened new positions — a net loss of 17 holders — while 101 trimmed existing stakes and 106 added.
The largest buyer was Fidelity Investments, adding an estimated $160M. The largest seller was Millennium Management, cutting an estimated $46.2M.
- 314 institutional investors held Olin (OLN) as of Q2 2018, down from 335 in Q1 2018.
- Funds reported $4.26B of Olin stock for Q2 2018, down 3.6% quarter-over-quarter.
- 43 funds opened new Olin positions in Q2 2018 and 60 closed out, a net change of -17 holders.
- The largest Olin buyer in Q2 2018 was Fidelity Investments, an estimated $160M added.
- The largest Olin seller in Q2 2018 was Millennium Management, an estimated $46.2M sold.
Based on aggregated 13F filings for Q2 2018.