First Horizon Corp Cuts LyondellBasell Industries Stake by 88.6%

The institutional investor sold 162,024 shares of the specialty chemicals company in Q4 2025.

Apr. 20, 2026 at 7:58am

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First Horizon Corp, an institutional investor, reduced its position in LyondellBasell Industries N.V. (NYSE:LYB) by 88.6% during the fourth quarter of 2025, according to a disclosure filed with the Securities and Exchange Commission. The investor now owns 20,795 shares of the specialty chemicals company's stock, valued at $900,000 as of the most recent filing.

Why it matters

This transaction represents a significant shift in First Horizon Corp's investment strategy for LyondellBasell Industries, a major global chemical company. The large reduction in stake could signal a change in the investor's outlook on the specialty chemicals sector or LyondellBasell's specific business performance.

The details

First Horizon Corp sold 162,024 shares of LyondellBasell Industries during the fourth quarter, reducing its total position to 20,795 shares. The investor had previously held a much larger stake in the company. Other hedge funds have also made changes to their LyondellBasell Industries holdings in recent quarters, with some increasing their positions and others, like First Horizon, decreasing their exposure.

  • First Horizon Corp filed the disclosure about the stake reduction in Q4 2025.
  • The investor sold the 162,024 shares during the fourth quarter of 2025.

The players

First Horizon Corp

An institutional investor that previously held a larger stake in LyondellBasell Industries.

LyondellBasell Industries N.V.

A global chemical company that specializes in the production of polyolefins and advanced polymers.

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The takeaway

This transaction highlights the dynamic nature of institutional investment strategies, as well as the ongoing shifts in the specialty chemicals industry. The reduction in First Horizon Corp's LyondellBasell Industries stake could signal a broader reassessment of the company's outlook or the investor's portfolio priorities.