SCHEDULE 13G/A: Hotchkis and Wiley Capital Management Discloses 10.2% Passive Stake in Olin Corp.

Hotchkis and Wiley Capital Management, LLC has filed an amended Schedule 13G, reporting a 10.2% beneficial ownership stake in Olin Corp.'s common stock as of February 28, 2025.

Summary

• Hotchkis and Wiley Capital Management, LLC (HWCM) has filed an Amendment No. 3 to Schedule 13G regarding its beneficial ownership in Olin Corp.
• As of February 28, 2025, HWCM beneficially owns an aggregate of 11,776,733 shares of Olin Corp. Common Stock.
• This represents 10.2% of Olin Corp.'s outstanding common stock.
• HWCM holds sole voting power over 11,053,253 shares and sole dispositive power over 11,776,733 shares.
• The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Olin Corp.
• HWCM acts as an investment adviser, and the securities are owned of record by its clients, who retain the right to receive dividends or proceeds from sales.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently lead to a positive or negative sentiment. It is a routine regulatory filing.

Future Outlook

NA

Industry Context

This filing is a routine disclosure by an institutional investment manager, Hotchkis and Wiley Capital Management, LLC, indicating its passive ownership stake in Olin Corp. It reflects a common practice among large investment firms to disclose significant holdings in publicly traded companies, providing transparency to the market regarding major shareholders.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake in Olin Corp., which can influence investor perception and trading activity.

Key Dates

Keywords

Olin Corp, Hotchkis and Wiley Capital Management, Schedule 13G, beneficial ownership, common stock, investment adviser, passive investment