In a significant portfolio shift, Robert Olstein's Olstein Capital Management completely exited its stake in International Flavors & Fragrance (IFF), selling all 119,000 shares. This trade was disclosed in a quarterly 13F filing with the SEC, reflecting the firm's holdings as of June 30, 2026, and not necessarily a recent transaction.
The divestment coincided with the acquisition of Olstein's mutual fund business by Easterly Asset Management, which was finalized on June 26, 2026. Following the deal, management of the fund assets transitioned to Easterly's Snow investment team, prompting a broad portfolio reorganization that included exiting the IFF position.