Robert Olstein's Olstein Capital Management has completely sold off its position in ON Semiconductor (ON) during the second quarter of 2026, according to a recent SEC filing. The firm disposed of all 86,000 shares, which had been valued at approximately $5.33 million and constituted 1.16% of its portfolio at the end of the first quarter.
Investors should note that 13F filings are submitted to the SEC up to 45 days after the end of a quarter, so these trades occurred between April 1 and June 30, 2026. The disclosure coincides with a period of some volatility for the semiconductor company, which announced a significant acquisition in late June that was followed by a drop in its stock price.