Orion

OEC • NYSE

Orion is a chemicals - specialty company in the basic materials sector on NYSE, with a market cap of $295.3M. As of Q3 2025, 93% of shares are held by 176 institutional investors, with PZENA INVESTMENT MANAGEMENT LLC as the largest holder at 8.36%.

Market Cap$295.3M

Chemicals - Specialty

Basic Materials

Employees1.7K

Websiteorioncarbons.com

Country

United States of America

Overview

Overview of institutional ownership in OEC as of Q3 2025 with a market cap of $425.6M

All Institutions

Institutions: 176
Value Held: $394.4M
Shares Held: 52.0M
Avg Position: $2.2M
Median Position: $419.6K

Hedge Funds

Hedge Funds: 41
Value Held: $78.8M
Shares Held: 10.4M
Avg Position: $1.9M
Median Position: $751.2K

Ownership Breakdown

Institutional (non-HF)

74.14%

$315.6M

Hedge Funds

18.52%

$78.8M

Retail & Other

7.34%

$31.2M

Based on market cap of $425.6M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in OEC as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
PZENA INVESTMENT MANAGEMENT LLC Long Only Manager	Chenyu Caroline Cai CEO	$35.6M 0.12% of portfolio	8.36% 4.7M shares	Q2 2020 Held for 5y 5m	$30.9B
B BlackRock, Inc. Institution	-	$32.2M 0.00% of portfolio	7.57% 4.3M shares	Q1 2019 Held for 6y 8m	$5.67T
D Divisar Capital Management LLC Hedge Fund•Long/Short	Steven Richard Baughman CEO	$18.6M 5.05% of portfolio	4.36% 2.5M shares	Q1 2021 Held for 4y 8m	$367.6M
B BROWN ADVISORY INC RIA/Wealth	David Alan Miller Founder	$18.6M 0.03% of portfolio	4.36% 2.4M shares	Q1 2023 Held for 2y 8m	$74.0B
H Harvey Partners, LLC Institution	-	$18.4M 1.67% of portfolio	4.32% 2.4M shares	Q3 2014 Held for 11y 2m	$1.1B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$17.8M 0.00% of portfolio	4.19% 2.4M shares	Q3 2021 Held for 4y 2m	$466.32B
A AMERICAN CENTURY COMPANIES INC Institution	-	$16.2M 0.01% of portfolio	3.81% 2.1M shares	Q1 2020 Held for 5y 8m	$195.93B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$14.4M 0.00% of portfolio	3.37% 1.9M shares	Q3 2018 Held for 7y 2m	$6.69T
D D. E. Shaw & Co., Inc. Institution	-	$14.2M 0.01% of portfolio	3.35% 1.9M shares	Q4 2014 Held for 10y 11m	$115.81B
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$13.6M 0.00% of portfolio	3.21% 1.8M shares	Q1 2018 Held for 7y 8m	$633.08B

Net Capital Flow

Institutional buying and selling activity for OEC in Q3 2025

Traded: −$8.6M
Buyers: 99
Sellers: 90
Total Bought: +$45.2M
Total Sold: −$53.8M
Avg Position: $1.9M

Biggest Buyers

Institution	Net Bought	Current Position
M Medina Singh Partners, LLC Hedge Fund•Value	+$6.7M +879.5K shares	$9.4M 1.2M shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	+$2.9M +381.4K shares	$4.4M 582.1K shares
D D. E. Shaw & Co., Inc. Institution	+$2.6M +340.1K shares	$14.2M 1.9M shares
C CSM Advisors, LLC Institution	+$2.1M +278.5K shares	$4.1M 540.0K shares
Atom Investors LP Hedge Fund•Market Neutral	+$1.8M +242.1K shares	$1.8M 242.1K shares
D Divisar Capital Management LLC Hedge Fund•Long/Short	+$1.8M +241.2K shares	$18.6M 2.5M shares
VANGUARD GROUP INC Institution	+$1.6M +213.3K shares	$14.4M 1.9M shares
FIRST TRUST ADVISORS LP ETF Provider	+$1.3M +173.2K shares	$1.3M 173.2K shares
Q Qube Research & Technologies Ltd Institution	+$1.1M +145.8K shares	$4.6M 603.4K shares
H HRT FINANCIAL LLC Institution	+$1.1M +139.3K shares	$1.6M 205.9K shares

Biggest Sellers

Institution	Net Sold	Current Position
Minneapolis Portfolio Management Group, LLC RIA/Wealth	−$8.2M −1.1M shares	$6.6M 865.2K shares
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Long Only Manager	−$6.6M −633.4K shares	Sold Off 0 shares
K Kent Lake PR LLC Hedge Fund•Long/Short	−$4.7M −450.7K shares	Sold Off 0 shares
H HEARTLAND ADVISORS INC Long Only Manager	−$3.0M −400.0K shares	$1.5M 200.0K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$2.6M −337.7K shares	$4.1M 546.2K shares
R ROYAL BANK OF CANADA Institution	−$2.4M −312.3K shares	$523.5K 69.1K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$1.8M −172.5K shares	Sold Off 0 shares
Walnut Level Capital LLC Hedge Fund•Sector	−$1.8M −232.8K shares	$4.5M 596.0K shares
FMR LLC Institution	−$1.6M −205.5K shares	$5.8M 767.1K shares
C Cubist Systematic Strategies, LLC Institution	−$1.5M −201.4K shares	$2.1M 277.2K shares

Entry and Exit Activity

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

New Positions: 8
New Value: $212.7K
Exited Positions: 34
Exited Value: $24.6M

New Positions

Institution	Position Value
Glenmede Investment Management, LP Long Only Manager	$88.8K 11.7K shares
TERRIL BROTHERS, INC. RIA/Wealth	$75.8K 10.0K shares
S State of Alaska, Department of Revenue Institution	$22.8K 3.0K shares
V Versant Capital Management, Inc RIA/Wealth	$7.7K 1.0K shares
Performa Ltd , LLC Long Only Manager	$7.6K 1.0K shares
Point72 Europe LLP Digital Asset Manager	$5.6K 742.0 shares
Red Tortoise LLC RIA/Wealth	$2.8K 363.0 shares
O Optiver Holding B.V. Institution	$1.6K 214.0 shares

Exited Positions

Institution	Previous Position
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Long Only Manager	$6.6M 633.4K shares
K Kent Lake PR LLC Hedge Fund•Long/Short	$4.7M 450.7K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	$1.8M 172.5K shares
I INTREPID FAMILY OFFICE LLC Institution	$1.5M 143.7K shares
PENN CAPITAL MANAGEMENT CO INC Long Only Manager	$1.5M 142.6K shares
DEAN INVESTMENT ASSOCIATES, LLC Long Only Manager	$1.5M 141.9K shares
Dean Capital Management Long Only Manager	$1.2M 114.3K shares
GANNETT WELSH & KOTLER Long Only Manager	$996.6K 95.0K shares
Legato Capital Management LLC Fund of Funds	$750.6K 71.6K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$729.2K 69.5K shares

Options Activity

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

Call Positions: 6
Call Value: $4.9M
Put Positions: 2
Put Value: $622.3K

Call Positions

Institution	Position Value
Walnut Level Capital LLC Hedge Fund•Sector	$2.3M 3.0K contracts
Walleye Trading LLC RIA/Wealth	$999.0K 1.3K contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$724.6K 956.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$529.1K 698.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$250.1K 330.0 contracts
J JANE STREET GROUP, LLC Institution	$81.1K 107.0 contracts

Put Positions

Institution	Position Value
Walleye Trading LLC RIA/Wealth	$332.8K 439.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$289.6K 382.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
D Divisar Capital Management LLC Hedge Fund•Long/Short	Steven Richard Baughman CEO	5.05% $18.6M	4.36% 2.5M shares	Q1 2021 Held for 4y 8m	$367.6M
I Inherent Management Corp. Institution	-	3.70% $6.5M	1.52% 851.5K shares	Q4 2024 Held for 11 months	$174.4M
Walnut Level Capital LLC Hedge Fund•Sector	Charles William Antrim CIO	3.18% $4.5M	1.06% 596.0K shares	Q4 2023 Held for 1y 11m	$141.9M
W West Tower Group, LLC Fund of Funds	Charles Hubert Gatling Honey CIO	2.43% $838.7K	0.20% 110.6K shares	Q4 2022 Held for 2y 11m	$34.5M
M Medina Singh Partners, LLC Hedge Fund•Value	Kristofer Lee Medina Managing Partner	2.19% $9.4M	2.20% 1.2M shares	Q2 2025 Held for 5 months	$428.0M
H Harvey Partners, LLC Institution	-	1.67% $18.4M	4.32% 2.4M shares	Q3 2014 Held for 11y 2m	$1.1B
G GRIZZLYROCK CAPITAL, LLC Hedge Fund•Value	Michael Timothy Holt Member	1.21% $1.6M	0.37% 206.3K shares	Q4 2023 Held for 1y 11m	$128.8M
Minneapolis Portfolio Management Group, LLC RIA/Wealth	Phillip Warren Grodnick CEO	0.75% $6.6M	1.54% 865.2K shares	Q3 2019 Held for 6y 2m	$870.9M
C Carnegie Lake Advisors LLC RIA/Wealth	Eckart Alexander Weeck President	0.57% $1.5M	0.35% 197.1K shares	Q3 2024 Held for 1y 2m	$259.9M
SummerHaven Investment Management, LLC Long Only Manager	Kurt Jonathon Nelson CEO	0.34% $573.0K	0.13% 75.6K shares	Q3 2025 Held for 2 months	$170.9M

Hedge Fund Spotlight

Discover hedge funds investing in OEC

JACOBS LEVY EQUITY MANAGEMENT, INC

Hedge Fund • Quant

Portfolio ManagerBruce Ira Jacobs

Portfolio Value: $25.2B
Positions: 953
Last Reported: Q3 2025

Sector Allocation

Position in Orion

Market Value: $123.6K
Shares Held: 16.3K
Portfolio Weight: 0.00%
Owned Since: 2020-Q1

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