NYSE · Industrials

LYONDELLBASELL INDUSTRIES NV LYB

LyondellBasell is a global chemicals and plastics producer focused on polyethylene, polypropylene, intermediates, refining, and advanced polymer solutions. The thesis is cyclical: feedstock costs, product spreads, asset footprint, North American cost advantage, European restructuring, and capital allocation drive results.

Major Chemicals

Company profile

Business mix

  • Olefins and polyolefins: polyethylene, polypropylene, and related products for packaging, consumer, automotive, and industrial uses.
  • Intermediates, derivatives, and refining: chemical intermediates, fuels, and related operations add commodity-cycle exposure.
  • Advanced polymer solutions and recycling: specialty polymers and circular-economy projects shape mix and long-term positioning.

Current key questions

  • Are global chemical spreads recovering enough to support margins and cash flow?
  • Does portfolio optimization shift capital toward advantaged North American assets?
  • Can dividends, buybacks, debt, and transition investments stay balanced through the cycle?
Holders 4 Current sample portfolio
Public mentions 0 Videos / interviews / letters
Valuation snapshot
PE N/A FCF 4.36% Buyback 1.23%
2026-06-07

Current firm holders

Firm Weight Value Filing period
Davis Advisors Chris Davis 2.1% $450.9M 2026-03-31
Gotham Asset Management Joel Greenblatt 0.2% $50.9M 2026-03-31
Miller Value Partners Bill Miller 0.8% $3.1M 2026-03-31
Duquesne Family Office Stanley Druckenmiller 0.3% $10,588 2026-03-31

Recent trading changes over the last 2 quarters

Net buyers 3 Last 2 13F filing periods
Net reducers 0 Last 2 13F filing periods
Unchanged holders 1 Share count unchanged
Increase amount $460.9M Estimated from net added shares
Reduction amount $0 Estimated from net reduced shares
Net share change / base shares +1072.4% +5,852,113 / 545,697
Duquesne Family Office Stanley Druckenmiller 1 filing periods
13F 2026-03-31 Filed 2026-05-15
New Shares - 13F value change +$10,588
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 0 Last 2 periods +131,435 (New) Total shares 131,435 Value $10,588
Gotham Asset Management Joel Greenblatt 2 filing periods
13F 2025-09-30 Filed 2025-11-14
Major reduction Shares -49.2% 13F value change -$16.7M
13F 2026-03-31 Filed 2026-05-15
Major increase Shares 65.2% 13F value change +$34.3M
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 507,697 Last 2 periods +124,090 (+24.4%) Total shares 631,787 Value $50.9M
Miller Value Partners Bill Miller 2 filing periods
13F 2025-12-31 Filed 2026-02-17
Unchanged Shares 0.0% 13F value change $0
13F 2026-03-31 Filed 2026-05-15
Unchanged Shares 0.0% 13F value change $0
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 38,000 Last 2 periods +0 (0.0%) Total shares 38,000 Value $3.1M
Davis Advisors Chris Davis 1 filing periods
13F 2026-03-31 Filed 2026-05-07
New Shares - 13F value change +$450.9M
Settlement As of 13F 2026-03-31 · Filed 2026-05-07
Base shares 0 Last 2 periods +5,596,588 (New) Total shares 5,596,588 Value $450.9M

Recent mentions

No public mentions.