- Quarter end
- 30 Sep 2024
- the date the book describes
- Filed
- 5 Nov 2026
- latest of these filings; the earliest 12 Nov 2024
- Managers listing it
- 9
- at least, of 95 tracked, among listed positions
- Comparable managers
- 94
- filed both Q2 2024 and Q3 2024; 4 listed it in both
- Shares listed
- 20,433,516
- combined, among listed positions
- Reported value
- $1.3bn
- combined, at the quarter end
Among the 94 comparable managers: 7 buyers (opened or added shares) and 4 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.
Managers listing LW in Q3 2024
9 of 9 holders
| Action | Filing | |||||
|---|---|---|---|---|---|---|
| Fidelity (FMR LLC) | 9,742,586 | $631m | under 0.1% | Trimmed | -6,180,664 | 5 Nov 2026 (the filing on sec.gov) |
| Jana Partners | 3,526,754 | $228m | 11.85% | New | new | 14 Nov 2024 (the filing on sec.gov) |
| T. Rowe Price Associates Inc | 2,513,849 | $163m | under 0.1% | Added | n.a. | 14 Nov 2024 (the filing on sec.gov) |
| Harris Associates LP | 1,345,424 | $87m | 0.11% | New | new | 14 Nov 2024 (the filing on sec.gov) |
| MFS Investment Management | 1,342,025 | $87m | under 0.1% | New | new | 12 Nov 2024 (the filing on sec.gov) |
| AllianceBernstein LP | 1,331,187 | $86m | under 0.1% | Added | +156,855 | 14 Nov 2024 (the filing on sec.gov) |
| Verition Fund Management LLC | 315,597 | $20m | 0.10% | Added | n.a. | 14 Nov 2024 (the filing on sec.gov) |
| Bridgewater Associates LP | 288,259 | $19m | 0.11% | Added | +30,303 | 13 Nov 2024 (the filing on sec.gov) |
| Quantbot Technologies LP | 27,835 | $1.8m | 0.07% | Trimmed | -7,820 | 13 Nov 2024 (the filing on sec.gov) |
What managers have written about LW
Shown because the letter names the company. A letter is commentary; it is not a record of why a position changed.
- JANA Partners' second letter to Lamb Weston's board, on what shareholders told it27 Jan 2025 · Activist letter · Subject of the letter · Jana Partners’ 13F
- Before the letter
- 31 Dec 2024 (Q4 2024 13F): 7,131,339 shares, reported at $477m.
- After the letter
- 31 Mar 2025 (Q1 2025 13F): 7,985,426 shares, reported at $426m.
854,087 more shares listed at 31 Mar 2025 than at 31 Dec 2024.
- JANA Partners' letter to the Lamb Weston board on its record and a possible sale16 Dec 2024 · Activist letter · Subject of the letter · Jana Partners’ 13F
- Before the letter
- 30 Sep 2024 (Q3 2024 13F): 3,526,754 shares, reported at $228m.
- After the letter
- 31 Dec 2024 (Q4 2024 13F): 7,131,339 shares, reported at $477m.
3,604,585 more shares listed at 31 Dec 2024 than at 30 Sep 2024.
Largest increases and reductions, by shares
Increases
- Jana Partnersnew position · 3,526,754 shares now+3,526,754
- Harris Associates LPnew position · 1,345,424 shares now+1,345,424
- MFS Investment Managementnew position · 1,342,025 shares now+1,342,025
- AllianceBernstein LPexisting position · 1,331,187 shares now+156,855
- Bridgewater Associates LPexisting position · 288,259 shares now+30,303
Reductions
- Fidelity (FMR LLC)existing position · 9,742,586 shares now-6,180,664
- Quantbot Technologies LPexisting position · 27,835 shares now-7,820
New positions and exits
New (3)
Exited (2)
- Marshall Wace LLPwas $159m
- Sachem Head Capital Management LPwas $59m
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q4 2016 | 16 | $584m | n.a. | n.a. |
| Q1 2017 | 16 | $605m | n.a. | n.a. |
| Q2 2017 | 16 | $685m | n.a. | n.a. |
| Q3 2017 | 12 | $878m | n.a. | n.a. |
| Q4 2017 | 14 | $1.4bn | n.a. | n.a. |
| Q1 2018 | 14 | $1.6bn | n.a. | n.a. |
| Q2 2018 | 16 | $1.8bn | n.a. | n.a. |
| Q3 2018 | 18 | $1.8bn | n.a. | n.a. |
| Q4 2018 | 21 | $2.1bn | n.a. | n.a. |
| Q1 2019 | 24 | $2.3bn | n.a. | n.a. |
| Q2 2019 | 17 | $1.5bn | n.a. | n.a. |
| Q3 2019 | 13 | $1.5bn | n.a. | n.a. |
| Q4 2019 | 17 | $1.5bn | n.a. | n.a. |
| Q1 2020 | 19 | $1.1bn | n.a. | n.a. |
| Q2 2020 | 15 | $1.5bn | n.a. | n.a. |
| Q3 2020 | 15 | $1.6bn | n.a. | n.a. |
| Q4 2020 | 11 | $1.5bn | n.a. | n.a. |
| Q1 2021 | 11 | $1.4bn | n.a. | n.a. |
| Q2 2021 | 11 | $1.2bn | n.a. | n.a. |
| Q3 2021 | 10 | $587m | n.a. | n.a. |
| Q4 2021 | 10 | $1.3bn | n.a. | n.a. |
| Q1 2022 | 8 | $1.0bn | n.a. | n.a. |
| Q2 2022 | 13 | $1.1bn | n.a. | n.a. |
| Q3 2022 | 19 | $891m | n.a. | n.a. |
| Q4 2022 | 23 | $1.2bn | n.a. | n.a. |
| Q1 2023 | 21 | $1.5bn | n.a. | n.a. |
| Q2 2023 | 19 | $1.7bn | n.a. | n.a. |
| Q3 2023 | 18 | $1.5bn | n.a. | n.a. |
| Q4 2023 | 18 | $2.4bn | 10 | 11 |
| Q1 2024 | 11 | $1.9bn | 4 | 10 |
| Q2 2024 | 8 | $1.8bn | 7 | 4 |
| Q3 2024 | 9 | $1.3bn | 7 | 4 |
| Q4 2024 | 13 | $1.9bn | 8 | 4 |
| Q1 2025 | 14 | $1.0bn | 8 | 6 |
| Q2 2025 | 11 | $1.0bn | 7 | 5 |
| Q3 2025 | 12 | $1.3bn | 9 | 4 |
| Q4 2025 | 4 | $782m | 10 | 27 |
| Q1 2026 | 7 | $943m | 16 | 17 |
| Q2 2026 | 7 | $1.1bn | 17 | 14 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
LW and PM →LW and KO →LW and COST →Choose a stock to compare with LW →
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 LW, latest filings →Back to the 13F Explorer →