Free · no sign-up · Q2 2026

Which funds own ADM

Archer Daniels Midland Co in the Q2 2026 filings. At least 6 of the 91 current managers on file reported a position, worth $2.6bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.

Managers holding: 6; at least, of 91 current
Combined value: $2.6bn; as reported
Opened: 1; new this quarter
Added to: 2; already held
Trimmed or sold out: 3; 1 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

Manager	Value	Weight	Shares	Change on the quarter	Action
Wellington Management Group LLP Long-only · $580bn book	$1.4bn	0.2%	17,670,220	+$93m+382,460	Added
Dodge & Cox Activist · $191bn book	$1.1bn	0.6%	14,182,325	-$62m-1,574,815	Trimmed
Markel Group Inc Activist · $13.1bn book	$115m	0.9%	1,505,800	+$5.6m0	Held
Woodline Partners LP Long/short equity · $32.4bn book	$55m	0.2%	717,907	+$54m+710,256	Added
GAMCO Investors Inc Activist · $11.1bn book	$18m	0.2%	234,956	+$500k-4,492	Trimmed
Soros Fund Management LLC Macro · $8.1bn book	$3.5m	0.0%	46,071	opened46,071	New

Sold out of this quarter

Valued at what the position was worth in the previous filing, because by this one it is gone.

Bridgewater Associates LP · Macro$3.2m held before

Ownership through time

At least 9 of the 95 managers whose filings are on file listed ADM in Q2 2026, against 14 in Q2 2013. 1 manager fewer than in Q1 2026: 1 started a position; 2 listed it again; 4 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it

Their combined reported value

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

Soros Fund Management LLC$3.5m

Largest increases, by shares

Wellington Management Group LLP17,287,760 to 17,670,220 shares+$29m
Acadian Asset Management LLC500,834 to 755,507 shares+$19m
Soros Fund Management LLCnew: 46,071 shares+$3.5m

Largest decreases, by shares

Dodge & Cox15,757,140 to 14,182,325 shares-$120m
Invesco Ltd6,107,514 to 5,769,300 shares-$26m
GAMCO Investors Inc239,448 to 234,956 shares-$343k

Left it

No manager on file is shown leaving it.

Manager	First listed	Largest	Q2 2026
Wellington Management Group LLP	Q2 2013	$1.6bn	$1.4bn
Dodge & Cox	Q2 2025	$1.1bn	$1.1bn
Invesco Ltd	Q2 2013	$699m	$441m
Markel Group Inc	Q2 2013	$136m	$115m
Acadian Asset Management LLC	Q3 2013	$383m	$58m
Woodline Partners LP	Q2 2025	$55m	$55m
Squarepoint Ops LLC	Q1 2015	$55m	$42m
GAMCO Investors Inc	Q2 2013	$54m	$18m
Soros Fund Management LLC	Q3 2018	$46m	$3.5m
Capital World Investors	Q2 2020	$3.9bn	last listed Q1 2024
T. Rowe Price Associates Inc	Q2 2013	$1.0bn	last listed Q2 2019
MFS Investment Management	Q4 2013	$851m	last listed Q4 2023
Fidelity (FMR LLC)	Q2 2013	$622m	last listed Q4 2022
AQR Capital Management LLC	Q2 2013	$375m	last listed Q4 2024
D. E. Shaw & Co.	Q4 2013	$260m	last listed Q2 2024
Janus Henderson Group Ltd	Q2 2013	$240m	last listed Q3 2022
Winton Group Ltd	Q2 2014	$162m	last listed Q1 2023
Millennium Management LLC	Q2 2013	$161m	last listed Q2 2025
Voloridge Investment Management LLC	Q3 2015	$132m	last listed Q2 2025

What ADM is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

Build the comp set around ADM →

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

Comps ExplorerValue it against the peers it trades beside Every managerRead any of these books in full Deal tapeWhat buyers paid for whole companies, not slices Hedge fund interviewsHow the room runs, and the stock pitch it wants

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