IOSP ranks #2256 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
IOSP is a top-conviction position for Western Standard LLC — at 6.5% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in IOSP belongs to BlackRock, Inc., but the position matters far more to Western Standard LLC, who has 6.5% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
BlackRock has added to its IOSP position for two straight quarters, increasing it by $76.3M to reach $356.6M today.
Allspring Global Investments Holdings, LLC has trimmed its IOSP position for two straight quarters, cutting it by $25.0M while still holding $154.7M.
IOSP is up 1.4% today, and institutions have been net buyers of $199.0M this quarter — today's price move and the underlying institutional flow are pointing the same direction.