International Flavors & Fragrances

IFF • NYSE

International Flavors & Fragrances is a chemicals - specialty company in the basic materials sector on NYSE, led by J. Erik Fyrwald, with a market cap of $16.2B. As of Q3 2025, 94% of shares are held by 681 institutional investors, with DODGE & COX as the largest holder at 14.43%.

Chief Executive OfficerJ. Erik Fyrwald

Market Cap$16.2B

Chemicals - Specialty

Basic Materials

Employees21.5K

Websiteiff.com

Country

United States of America

Overview

Overview of institutional ownership in IFF as of Q3 2025 with a market cap of $15.8B

All Institutions

Institutions: 681
Value Held: $14.9B
Shares Held: 242.0M
Avg Position: $21.9M
Median Position: $740.3K

Hedge Funds

Hedge Funds: 61
Value Held: $513.4M
Shares Held: 8.4M
Avg Position: $8.4M
Median Position: $1.8M

Ownership Breakdown

Institutional (non-HF)

91.12%

$14.4B

Hedge Funds

3.26%

$513.4M

Retail & Other

5.63%

$887.5M

Based on market cap of $15.8B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in IFF as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
DODGE & COX Long Only Manager	Dana Morton Emery CEO	$2.3B 1.23% of portfolio	14.43% 37.0M shares	Q4 2023 Held for 1y 11m	$185.33B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$1.9B 0.03% of portfolio	12.15% 31.1M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
F Freemont Capital Pte Ltd Institution	-	$1.6B 34.08% of portfolio	9.89% 25.4M shares	Q4 2024 Held for 11 months	$4.6B
B BlackRock, Inc. Institution	-	$1.1B 0.02% of portfolio	7.21% 18.5M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$679.5M 0.02% of portfolio	4.28% 11.0M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$441.1M 0.07% of portfolio	2.80% 7.2M shares	≤ Q2 2013 Held for 12y 5m+	$633.08B
F First Eagle Investment Management, LLC Long Only Manager	Mehdi Asif Mahmud CEO	$426.3M 0.78% of portfolio	2.70% 6.9M shares	Q1 2023 Held for 2y 8m	$54.9B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$404.5M 0.03% of portfolio	2.57% 6.6M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
First Pacific Advisors, LLC Long Only Manager	Steven Todd Romick CEO	$301.8M 4.23% of portfolio	1.91% 4.9M shares	Q4 2020 Held for 4y 11m	$7.1B
I ICAHN CARL C Institution	-	$292.3M 3.20% of portfolio	1.85% 4.8M shares	Q1 2022 Held for 3y 8m	$9.1B

Net Capital Flow

Institutional buying and selling activity for IFF in Q3 2025

Traded: +$318.4M
Buyers: 345
Sellers: 321
Total Bought: +$1.5B
Total Sold: −$1.2B
Avg Position: $19.6M

Biggest Buyers

Institution	Net Bought	Current Position
Invesco Ltd. ETF Provider	+$250.4M +4.1M shares	$441.1M 7.2M shares
DODGE & COX Long Only Manager	+$118.5M +1.9M shares	$2.3B 37.0M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	+$98.4M +1.6M shares	$289.6M 4.7M shares
F First Eagle Investment Management, LLC Long Only Manager	+$91.4M +1.5M shares	$426.3M 6.9M shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$84.3M +1.4M shares	$104.0M 1.7M shares
I ICAHN CARL C Institution	+$61.5M +1.0M shares	$292.3M 4.8M shares
Clearbridge Investments, LLC Long Only Manager	+$54.7M +888.6K shares	$61.8M 1.0M shares
First Pacific Advisors, LLC Long Only Manager	+$48.8M +792.3K shares	$301.8M 4.9M shares
B BRANDES INVESTMENT PARTNERS, LP Long Only Manager	+$47.1M +765.4K shares	$50.7M 823.6K shares
D D. E. Shaw & Co., Inc. Institution	+$46.1M +749.8K shares	$46.1M 749.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
B BlackRock, Inc. Institution	−$222.9M −3.6M shares	$1.1B 18.5M shares
I Ilex Capital Partners LLP Institution	−$212.1M −2.9M shares	Sold Off 0 shares
VAN ECK ASSOCIATES CORP ETF Provider	−$124.7M −2.0M shares	$204.3M 3.3M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$104.9M −1.7M shares	$11.1M 181.1K shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	−$58.6M −952.2K shares	$9.7M 156.9K shares
CAUSEWAY CAPITAL MANAGEMENT LLC Long Only Manager	−$45.8M −622.7K shares	Sold Off 0 shares
AMERIPRISE FINANCIAL INC Institution	−$32.7M −531.6K shares	$120.6M 2.0M shares
J J. Goldman & Co LP Hedge Fund•Multi-Strategy	−$32.1M −436.2K shares	Sold Off 0 shares
Woodline Partners LP Hedge Fund•Long/Short	−$30.2M −411.1K shares	Sold Off 0 shares
CADEN CAPITAL PARTNERS, LP Hedge Fund•Long/Short	−$29.4M −400.4K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 37
New Value: $51.2M
Exited Positions: 79
Exited Value: $391.8M

New Positions

Institution	Position Value
SCHARF INVESTMENTS, LLC RIA/Wealth	$30.7M 499.4K shares
R Ruffer LLP Long Only Manager	$13.6M 220.2K shares
P PenderFund Capital Management Ltd. Institution	$2.1M 34.2K shares
SUMMIT WEALTH GROUP LLC / CO RIA/Wealth	$1.1M 9.7K shares
Buckingham Strategic Partners RIA/Wealth	$708.1K 11.4K shares
I INCEPTIONR LLC Hedge Fund•Quant	$463.0K 7.5K shares
Merit Financial Group, LLC RIA/Wealth	$441.2K 7.2K shares
BRIGHTON JONES LLC RIA/Wealth	$387.2K 6.3K shares
T TEMA ETFS LLC Institution	$285.2K 4.6K shares
Consolidated Portfolio Review Corp RIA/Wealth	$260.6K 4.2K shares

Exited Positions

Institution	Previous Position
I Ilex Capital Partners LLP Institution	$212.1M 2.9M shares
CAUSEWAY CAPITAL MANAGEMENT LLC Long Only Manager	$45.8M 622.7K shares
J J. Goldman & Co LP Hedge Fund•Multi-Strategy	$32.1M 436.2K shares
Woodline Partners LP Hedge Fund•Long/Short	$30.2M 411.1K shares
CADEN CAPITAL PARTNERS, LP Hedge Fund•Long/Short	$29.4M 400.4K shares
A AMF Pensionsforsakring AB Institution	$7.6M 102.6K shares
Arlington Partners LLC RIA/Wealth	$4.2M 56.8K shares
Regents Gate Capital LLP Hedge Fund•Market Neutral	$3.4M 45.8K shares
Lighthouse Investment Partners, LLC Fund of Funds	$2.7M 37.3K shares
CHANNING GLOBAL ADVISORS, LLC Long Only Manager	$1.8M 25.0K shares

Options Activity

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

Call Positions: 19
Call Value: $65.8M
Put Positions: 15
Put Value: $61.4M

Call Positions

Institution	Position Value
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$17.5M 2.8K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$16.7M 2.7K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$8.9M 1.5K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$4.4M 722.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$4.0M 650.0 contracts
W WOLVERINE TRADING, LLC Institution	$3.1M 505.0 contracts
J JANE STREET GROUP, LLC Institution	$3.0M 486.0 contracts
C CastleKnight Management LP Hedge Fund•Event Driven	$1.8M 300.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$1.7M 282.0 contracts
S SIG BROKERAGE, LP Institution	$1.4M 220.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$20.1M 3.3K contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$11.5M 1.9K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$9.3M 1.5K contracts
J JANE STREET GROUP, LLC Institution	$8.3M 1.3K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$3.6M 584.0 contracts
W WOLVERINE TRADING, LLC Institution	$2.1M 337.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$1.5M 250.0 contracts
Walleye Trading LLC RIA/Wealth	$1.2M 198.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$1.1M 182.0 contracts
C Cubist Systematic Strategies, LLC Institution	$960.0K 156.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
CONTINENTAL GRAIN CO Private Equity	David Jonathan Grain CEO	40.56% $140.4M	0.89% 2.3M shares	Q2 2023 Held for 2y 5m	$346.0M
F Freemont Capital Pte Ltd Institution	-	34.08% $1.6B	9.89% 25.4M shares	Q4 2024 Held for 11 months	$4.6B
K KETTLE HILL CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short	Afroz Qadeer CEO	5.88% $26.1M	0.17% 424.7K shares	Q2 2025 Held for 5 months	$444.5M
First Pacific Advisors, LLC Long Only Manager	Steven Todd Romick CEO	4.23% $301.8M	1.91% 4.9M shares	Q4 2020 Held for 4y 11m	$7.1B
Redwood Grove Capital, LLC Hedge Fund•Value	Gregory Ryan Serrurier Managing Partner	3.87% $13.5M	0.09% 219.7K shares	Q1 2024 Held for 1y 8m	$349.4M
EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC RIA/Wealth	Scott Edger Lundy CEO	3.49% $28.0M	0.18% 455.3K shares	Q3 2023 Held for 2y 2m	$803.1M
I ICAHN CARL C Institution	-	3.20% $292.3M	1.85% 4.8M shares	Q1 2022 Held for 3y 8m	$9.1B
Hillman Capital Management, Inc. Long Only Manager	Mark Alan Hillman CEO	2.84% $4.9M	0.03% 79.3K shares	Q2 2023 Held for 2y 5m	$171.8M
STALEY CAPITAL ADVISERS INC RIA/Wealth	John Adolphus Staley Iv CEO	2.19% $52.8M	0.33% 858.0K shares	Q2 2023 Held for 2y 5m	$2.4B
KEMPNER CAPITAL MANAGEMENT INC. Long Only Manager	Vera Delynn Greene President	2.07% $2.1M	0.01% 34.8K shares	Q2 2023 Held for 2y 5m	$103.7M

Hedge Fund Spotlight

Discover hedge funds investing in IFF

CenterBook Partners LP

Hedge Fund • Market Neutral

Portfolio ManagerDavid Israel Stemerman

Portfolio Value: $2.0B
Positions: 545
Last Reported: Q3 2025

Sector Allocation

Position in International Flavors & Fragrances

Market Value: $812.6K
Shares Held: 13.2K
Portfolio Weight: 0.04%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Amazon AMZN	Specialty Retail Consumer Cyclical	$40.2M	1.99%
2 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$35.3M	1.74%
3 Visa V	Financial - Credit Services Financial Services	$34.0M	1.68%