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What smart money is saying about Olin Corp.United States flag

OLN · Basic Materials · Chemicals - Specialty · Market cap $2.64B

2 funds in our archive have pitched Olin Corp. — most recently Hotchkis & Wiley Value Opportunities in June 2026.

Company profile

Olin Corporation is a global producer and supplier of chemical products, serving markets across the United States, Europe, and internationally. The company's operations are divided into three distinct business segments: Chlor Alkali Products and Vinyls, Epoxy, and Winchester. The Chlor Alkali Products and Vinyls segment provides a comprehensive range of fundamental industrial chemicals. These include chlorine and caustic soda, key vinyl compounds such as ethylene dichloride and vinyl chloride monomers, and various chlorinated organic compounds like methyl chloride, methylene chloride, chloroform, carbon tetrachloride, and perchloroethylene. This division also supplies essential substances including hydrochloric acid, hydrogen, bleach products, potassium hydroxide, and sodium hypochlorite, alongside chlorinated organic intermediates and solvents, which underpin numerous industrial processes. The Epoxy segment specializes in epoxy materials and their foundational precursors. This encompasses aromatics like acetone, bisphenol, cumene, and phenol, in addition to allyl chloride, epichlorohydrin, and glycerin, which are critical for manufacturers producing polymers, resins, plastics, and for water purification applications. The segment further offers liquid and solid epoxy resins, integral to products such as adhesives, marine applications, protective coatings, composites, and flooring. Moreover, it supplies converted epoxy resins and additives that find utility in electrical laminates, paints, coatings, wind turbine blades, electronics, and diverse construction projects. The Winchester segment is responsible for a broad portfolio of ammunition products. Its offerings span from sporting ammunition—including shotshells, small-caliber centerfire, and rimfire ammunition for hunters, recreational shooters, and law enforcement agencies—to small-caliber military ammunition designed for infantry and mounted weaponry. Additionally, this segment produces industrial products like gauge loads and powder-actuated tool loads, vital for maintenance in the power and concrete industries, as well as for powder-actuated tools in construction. Olin markets its products through its dedicated sales force, directly to industrial clients, mass merchants, retailers, wholesalers, and other distributors. The company also serves the U.S. Government and its primary contractors. Founded in 1892, Olin Corporation's corporate headquarters are located in Clayton, Missouri.

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3
Reported positions
0
Bought
0
Sold
4
Letters

Position history

Between Q1 2026 and Q2 2026, 3 fund letters reported a position in Olin Corp., with no move described.

Fund letters reporting a position in Olin Corp., by quarter
QuarterLettersBoughtSoldTheses
Q2 20263001
Q1 20260001

Fund activity · 3 positions

  • Workday Inc. (WDAY) is a leader in cloud software for back-office business functions, spanning human capital management (HCM), financial management, and adjacent ERP (enterprise resource planning) products, with 60% of the Fortune 500 as HCM customers. Shares declined over the period, pressured by investor concerns that AI could disrupt application software vendors. The most recent quarter, however, did not show evidence of this. Subscription revenue grew 14%, 12-month backlog grew 16%, retention remained best-in-class, margins expanded, and management reiterated full-year subscription revenue guidance while raising operating margin guidance. AI adoption also appears to be progressing, with Workday-developed agents now used by more than 4,000 customers and Recruiting Agent activity up sharply year over year. We continue to believe the disruption thesis significantly underestimates enterprise switching costs and the non-code moat that makes Workday durable. Olin Corp. (OLN) is one of the largest global producers of chlor- alkali chemicals and chlorine derivatives, and also owns the Winchester ammunition brand.
    Read the letterOlin Corp.
  • Olin Corp. (OLN) is one of the largest global producers of chlor- alkali chemicals and chlorine derivatives, and also owns the Winchester ammunition brand.
    Read the letterOlin Corp.
  • Olin Corp. (OLN) is one of the largest global producers of chlor- alkali chemicals and chlorine derivatives, and also owns the Winchester ammunition brand. It is significantly underearning today due to below-normal commodity prices and demand, but a tightening five-plus year supply/demand outlook in North American chlor-alkali could drive a pricing and volume recovery— and as the swing producer in the region, Olin could capture more than its share of that improvement, with shareholder-friendly capital allocation and an investment-grade balance sheet commitment reinforcing the case. The stock’s decline reflects an easing of tensions in the Middle East which will lead to a near- term loosening of supply/demand dynamics in commodity chemicals. Olin also announced a merger of equals with Huntsman that we believe is strategically sound and will help reduce risk over the intermediate term due to synergy capture and deleveraging.
    Read the letterOlin Corp.

Fund coverage · 2 theses

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