Ashland

ASH • NYSE

Ashland is a chemicals - specialty company in the basic materials sector on NYSE, with a market cap of $2.8B. As of Q3 2025, 97% of shares are held by 343 institutional investors, with VANGUARD GROUP INC as the largest holder at 10.09%.

Market Cap$2.8B

Chemicals - Specialty

Basic Materials

Employees3.8K

Websiteashland.com

Country

United States of America

Overview

Overview of institutional ownership in ASH as of Q3 2025 with a market cap of $2.2B

All Institutions

Institutions: 343
Value Held: $2.1B
Shares Held: 44.4M
Avg Position: $6.2M
Median Position: $560.7K

Hedge Funds

Hedge Funds: 39
Value Held: $393.9M
Shares Held: 8.3M
Avg Position: $10.1M
Median Position: $1.6M

Ownership Breakdown

Institutional (non-HF)

79.17%

$1.7B

Hedge Funds

17.99%

$393.9M

Retail & Other

2.84%

$62.2M

Based on market cap of $2.2B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in ASH as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$220.9M 0.00% of portfolio	10.09% 4.6M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$204.7M 0.00% of portfolio	9.35% 4.3M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	David Gary Kabiller Founder	$153.2M 0.10% of portfolio	7.12% 3.3M shares	≤ Q2 2013 Held for 12y 5m+	$156.17B
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	Edward Murray Maloney CEO	$134.2M 0.04% of portfolio	6.13% 2.8M shares	Q4 2020 Held for 4y 11m	$322.72B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	Gerard Kieran O'Reilly CEO	$114.8M 0.02% of portfolio	5.24% 2.4M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
40 North Management LLC Hedge Fund•Multi-Strategy	Tunde Jain Reddy CFO	$107.3M 5.29% of portfolio	4.90% 2.2M shares	Q3 2025 Held for 2 months	$2.0B
C COOPERMAN LEON G Institution	-	$81.4M 2.54% of portfolio	3.72% 1.7M shares	Q1 2019 Held for 6y 8m	$3.2B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$73.4M 0.00% of portfolio	3.35% 1.5M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
DIAMOND HILL CAPITAL MANAGEMENT INC Long Only Manager	Heather Brilliant CEO	$69.7M 0.33% of portfolio	3.18% 1.5M shares	Q2 2019 Held for 6y 5m	$21.0B
G GCIC Ltd. Institution	-	$65.7M 0.11% of portfolio	3.00% 1.4M shares	Q1 2023 Held for 2y 8m	$58.8B

Net Capital Flow

Institutional buying and selling activity for ASH in Q3 2025

Traded: +$6.2M
Buyers: 149
Sellers: 191
Total Bought: +$295.5M
Total Sold: −$289.3M
Avg Position: $5.5M

Biggest Buyers

Institution	Net Bought	Current Position
40 North Management LLC Hedge Fund•Multi-Strategy	+$107.3M +2.2M shares	$107.3M 2.2M shares
A AMERICAN CENTURY COMPANIES INC Institution	+$47.9M +1.0M shares	$53.8M 1.1M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$20.3M +424.7K shares	$21.1M 440.3K shares
FRONTIER CAPITAL MANAGEMENT CO LLC Long Only Manager	+$20.3M +423.3K shares	$20.3M 423.3K shares
LEUCADIA NATIONAL CORP Institution	+$10.4M +217.0K shares	$10.4M 217.0K shares
Gotham Asset Management, LLC Hedge Fund•Long/Short	+$7.0M +146.2K shares	$10.9M 227.1K shares
SRS Capital Advisors, Inc. RIA/Wealth	+$7.0M +146.1K shares	$7.0M 146.1K shares
Trexquant Investment LP Hedge Fund•Quant	+$5.7M +119.4K shares	$5.7M 119.4K shares
S SG Americas Securities, LLC Institution	+$4.6M +95.1K shares	$4.8M 99.6K shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$4.4M +90.9K shares	$42.7M 890.7K shares

Biggest Sellers

Institution	Net Sold	Current Position
Allspring Global Investments Holdings, LLC Long Only Manager	−$78.3M −1.6M shares	$30.0M 622.2K shares
B BlackRock, Inc. Institution	−$12.9M −269.4K shares	$204.7M 4.3M shares
FRANKLIN RESOURCES INC Institution	−$12.5M −109.8K shares	$1.5M 13.0K shares
Point72 Europe LLP Digital Asset Manager	−$11.8M −234.6K shares	Sold Off 0 shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$9.3M −198.2K shares	$153.2M 3.3M shares
Q Qube Research & Technologies Ltd Institution	−$8.5M −177.3K shares	$19.1M 397.9K shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	−$7.5M −155.9K shares	$21.5M 448.3K shares
A AXA Institution	−$7.0M −138.4K shares	Sold Off 0 shares
CRAMER ROSENTHAL MCGLYNN LLC Long Only Manager	−$6.3M −130.7K shares	$4.3M 90.3K shares
HARBOR CAPITAL ADVISORS, INC. ETF Provider	−$6.1M −127.6K shares	$2.3M 48.2K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited ASH in Q3 2025

New Positions: 18
New Value: $24.3M
Exited Positions: 43
Exited Value: $57.9M

New Positions

Institution	Position Value
FRONTIER CAPITAL MANAGEMENT CO LLC Long Only Manager	$20.3M 423.3K shares
O OSSIAM Institution	$1.7M 36.1K shares
Krilogy Financial LLC RIA/Wealth	$517.5K 10.2K shares
C CM Management, LLC Institution	$479.1K 10.0K shares
Requisite Capital Management, LLC RIA/Wealth	$279.3K 5.8K shares
T TRANSCEND WEALTH COLLECTIVE, LLC RIA/Wealth	$277.7K 5.8K shares
D DRW Securities, LLC Institution	$263.4K 5.5K shares
E EVERGREEN CAPITAL MANAGEMENT LLC Institution	$221.0K 4.6K shares
Callan Family Office, LLC Family Office	$202.5K 4.2K shares
H HAZLETT, BURT & WATSON, INC. Institution	$9.6K 200.0 shares

Exited Positions

Institution	Previous Position
Point72 Europe LLP Digital Asset Manager	$11.8M 234.6K shares
A AXA Institution	$7.0M 138.4K shares
H HSBC HOLDINGS PLC Institution	$5.7M 112.5K shares
C CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM Institution	$4.7M 93.8K shares
Symphony Financial, Ltd. Co. RIA/Wealth	$3.7M 73.6K shares
Edgestream Partners, L.P. Hedge Fund•Quant Macro	$3.3M 65.4K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	$2.8M 55.8K shares
I ING GROEP NV Institution	$2.5M 50.0K shares
R Resolute Capital Asset Partners LLC Hedge Fund•Long/Short	$2.3M 45.5K shares
Jain Global LLC Hedge Fund•Multi-Strategy	$1.7M 32.9K shares

Options Activity

Institutions with the largest Call and Put options positions in ASH as of Q3 2025

Call Positions: 6
Call Value: $3.7M
Put Positions: 6
Put Value: $6.7M

Call Positions

Institution	Position Value
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$1.6M 332.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$924.7K 193.0 contracts
Walleye Trading LLC RIA/Wealth	$862.4K 180.0 contracts
J JANE STREET GROUP, LLC Institution	$297.0K 62.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	- - contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$1.9M 388.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.8M 376.0 contracts
Walleye Trading LLC RIA/Wealth	$1.3M 267.0 contracts
P PEAK6 LLC Institution	$723.4K 151.0 contracts
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$718.7K 150.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$297.0K 62.0 contracts

Most Committed Institutions

Institutions with ASH as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
ATLANTIC INVESTMENT MANAGEMENT INC Hedge Fund•Activist	Alexander J Roepers President	7.81% $13.6M	0.62% 283.8K shares	Q1 2025 Held for 8 months	$174.1M
40 North Management LLC Hedge Fund•Multi-Strategy	Tunde Jain Reddy CFO	5.29% $107.3M	4.90% 2.2M shares	Q3 2025 Held for 2 months	$2.0B
C COOPERMAN LEON G Institution	-	2.54% $81.4M	3.72% 1.7M shares	Q1 2019 Held for 6y 8m	$3.2B
SHAPIRO CAPITAL MANAGEMENT CO INC Long Only Manager	Louis Steven Shapiro President	1.84% $40.7M	1.86% 850.5K shares	Q3 2024 Held for 1y 2m	$2.2B
Cruiser Capital Advisors, LLC Hedge Fund•Long/Short	Keith Michael Rosenbloom Managing Partner	1.02% $953.4K	0.04% 19.9K shares	Q3 2025 Held for 2 months	$93.0M
C CM Management, LLC Institution	-	0.40% $479.1K	0.02% 10.0K shares	Q3 2025 Held for 2 months	$119.9M
I Invenomic Capital Management LP Hedge Fund•Long/Short	Benjamin Robert Deschaine President	0.37% $7.1M	0.32% 147.5K shares	Q2 2025 Held for 5 months	$1.9B
ALTRINSIC GLOBAL ADVISORS LLC Long Only Manager	John Douglas Hock CEO	0.35% $9.6M	0.44% 199.4K shares	Q3 2023 Held for 2y 2m	$2.7B
DIAMOND HILL CAPITAL MANAGEMENT INC Long Only Manager	Heather Brilliant CEO	0.33% $69.7M	3.18% 1.5M shares	Q2 2019 Held for 6y 5m	$21.0B
Numerai GP LLC Hedge Fund•Quant	Richard Malone Craib CEO	0.33% $2.3M	0.11% 48.9K shares	Q1 2025 Held for 8 months	$707.9M

Hedge Fund Spotlight

Discover hedge funds investing in ASH

OCCUDO QUANTITATIVE STRATEGIES LP

Hedge Fund • Market Neutral

Portfolio ManagerRicky Xiaoxiao Shi

Portfolio Value: $821.7M
Positions: 644
Last Reported: Q3 2025

Sector Allocation

Position in Ashland

Market Value: $622.4K
Shares Held: 13.0K
Portfolio Weight: 0.08%
Owned Since: 2025-Q1

Top Holding	Sector	Market Value	Weight
1 Lam Research LRCX	Semiconductors Technology	$9.4M	1.15%
2 Intuitive Surgical ISRG	Medical - Instruments & Supplies Healthcare	$9.4M	1.15%
3 Costco Wholesale COST	Discount Stores Consumer Defensive	$9.3M	1.14%