L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
28
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 8 listed it in both
Shares listed
56,874,093
combined, among listed positions
Reported value
$3.3bn
combined, at the quarter end

Among the 92 comparable managers: 9 buyers (opened or added shares) and 19 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -1,180,815.

Managers listing ADM in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

28 of 28 holders

ActionFiling
Wellington Management Group LLP26,192,204$1.5bn0.26%Trimmed-705,39817 Feb 2026 (the filing on sec.gov)
Dodge & Cox17,084,645$982m0.53%Added+2,016,10113 Feb 2026 (the filing on sec.gov)
Invesco Ltd6,180,949$355munder 0.1%Added+585,22619 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)1,696,668$98munder 0.1%Trimmed-21,90317 Feb 2026 (the filing on sec.gov)
Markel Group Inc1,505,800$87m0.69%Held06 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC982,419$56munder 0.1%Added+552,02317 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc724,007$42munder 0.1%Added+3,36617 Feb 2026 (the filing on sec.gov)
Man Group PLC539,315$31m0.05%Trimmed-147,60117 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP508,676$29munder 0.1%Trimmed-16,11717 Feb 2026 (the filing on sec.gov)
GAMCO Investors Inc258,073$15m0.14%Trimmed-16,0095 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP237,869$14munder 0.1%Trimmed-156,94813 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP168,808$9.7munder 0.1%Trimmed-53,62717 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd165,775$9.5munder 0.1%Added+125,65717 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC152,259$8.8munder 0.1%Trimmed-1,254,40317 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC92,615$5.3munder 0.1%Added+21,58427 Oct 2026 (the filing on sec.gov)
Acadian Asset Management LLC91,669$5.3munder 0.1%Trimmed-11,36810 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC79,772$4.6munder 0.1%Trimmed-848,94713 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP75,516$4.3munder 0.1%Trimmed-1,50017 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC31,983$1.8munder 0.1%Trimmed-21,64913 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC19,781$1.1munder 0.1%Trimmed-79,24012 Feb 2026 (the filing on sec.gov)
Millennium Management LLC19,238$1.1munder 0.1%Trimmed-133,61317 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC19,042$1.1munder 0.1%Trimmed-9,30313 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP14,156$814kunder 0.1%Newnew10 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.10,675$614kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC7,261$417kunder 0.1%Trimmed-3,64617 Feb 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
10 in Q3 2024 to 9 in Q2 2026

Tracked managers listing it, at least.

01020302014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
ADM by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201315$2.7bnn.a.n.a.
Q3 201317$3.0bnn.a.n.a.
Q4 201318$3.2bnn.a.n.a.
Q1 201420$3.0bnn.a.n.a.
Q2 201419$3.0bnn.a.n.a.
Q3 201417$3.4bnn.a.n.a.
Q4 201419$3.2bnn.a.n.a.
Q1 201516$2.3bnn.a.n.a.
Q2 201519$2.4bnn.a.n.a.
Q3 201518$2.1bnn.a.n.a.
Q4 201517$2.1bnn.a.n.a.
Q1 201614$2.2bnn.a.n.a.
Q2 201617$2.5bnn.a.n.a.
Q3 201613$2.3bnn.a.n.a.
Q4 201614$2.1bnn.a.n.a.
Q1 201713$1.8bnn.a.n.a.
Q2 201712$1.4bnn.a.n.a.
Q3 201712$1.7bnn.a.n.a.
Q4 201713$1.6bnn.a.n.a.
Q1 201816$2.2bnn.a.n.a.
Q2 201816$2.3bnn.a.n.a.
Q3 201821$2.6bnn.a.n.a.
Q4 201825$2.0bnn.a.n.a.
Q1 201924$2.1bnn.a.n.a.
Q2 201919$2.1bnn.a.n.a.
Q3 201914$2.2bnn.a.n.a.
Q4 201913$2.4bnn.a.n.a.
Q1 202013$1.8bnn.a.n.a.
Q2 202012$2.4bnn.a.n.a.
Q3 202013$3.0bnn.a.n.a.
Q4 202013$3.4bnn.a.n.a.
Q1 202116$4.1bnn.a.n.a.
Q2 202117$4.2bnn.a.n.a.
Q3 202112$4.6bnn.a.n.a.
Q4 202116$5.0bnn.a.n.a.
Q1 202215$6.4bnn.a.n.a.
Q2 202221$5.3bnn.a.n.a.
Q3 202217$5.8bnn.a.n.a.
Q4 202218$6.5bnn.a.n.a.
Q1 202320$4.0bnn.a.n.a.
Q2 202316$3.6bnn.a.n.a.
Q3 202321$3.5bnn.a.n.a.
Q4 202315$3.6bn107
Q1 202416$2.0bn114
Q2 202413$1.9bn78
Q3 202410$1.9bn54
Q4 202411$1.8bn92
Q1 20258$1.8bn52
Q2 202512$2.5bn93
Q3 20258$3.1bn46
Q4 20256$3.0bn919
Q1 202610$3.1bn1813
Q2 20269$3.2bn1515

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

ADM and PM →ADM and KO →ADM and COST →Choose a stock to compare with ADM →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own ADM, latest filings →Back to the 13F Explorer →