Which funds own CAG
Conagra Brands Inc in the Q2 2026 filings. At least 3 of the 91 current managers on file reported a position, worth $209m between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went the other way: 4 managers trimmed or sold out against 1 buying.
- Managers holding
- 3
- at least, of 91 current
- Combined value
- $209m
- as reported
- Opened
- 1
- new this quarter
- Added to
- 0
- already held
- Trimmed or sold out
- 4
- 2 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 |
|---|---|---|---|---|---|
| Two Sigma Investments LP Quantitative · $138bn book | $178m | 0.1% | 13,185,200 | -$117m-5,512,998 | Trimmed |
| Freestone Grove Partners LP Multi-strategy · $15.6bn book | $30m | 0.2% | 2,252,285 | opened2,252,285 | New |
| Maverick Capital Ltd Long/short equity · $11.3bn book | $1.2m | 0.0% | 89,682 | -$1.0m-53,058 | Trimmed |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Voloridge Investment Management LLC · Quantitative$33m held before
- Schonfeld Strategic Advisors LLC · Multi-strategy$3.4m held before
Ownership through time
At least 5 of the 95 managers whose filings are on file listed CAG in Q2 2026, against 16 in Q2 2013. 3 managers fewer than in Q1 2026: 1 started a position; 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.
- Q2 2013: 16
- Q3 2013: 16
- Q4 2013: 13
- Q1 2014: 11
- Q2 2014: 10
- Q3 2014: 10
- Q4 2014: 7
- Q1 2015: 6
- Q2 2015: 13
- Q3 2015: 16
- Q4 2015: 22
- Q1 2016: 22
- Q2 2016: 21
- Q3 2016: 22
- Q4 2016: 17
- Q1 2017: 21
- Q2 2017: 28
- Q3 2017: 25
- Q4 2017: 21
- Q1 2018: 18
- Q2 2018: 21
- Q3 2018: 21
- Q4 2018: 16
- Q1 2019: 13
- Q2 2019: 11
- Q3 2019: 10
- Q4 2019: 11
- Q1 2020: 11
- Q2 2020: 16
- Q3 2020: 16
- Q4 2020: 14
- Q1 2021: 13
- Q2 2021: 10
- Q3 2021: 9
- Q4 2021: 11
- Q1 2022: 11
- Q2 2022: 18
- Q3 2022: 17
- Q4 2022: 21
- Q1 2023: 14
- Q2 2023: 15
- Q3 2023: 11
- Q4 2023: 11
- Q1 2024: 9
- Q2 2024: 12
- Q3 2024: 12
- Q4 2024: 11
- Q1 2025: 13
- Q2 2025: 11
- Q3 2025: 12
- Q4 2025: 9
- Q1 2026: 8
- Q2 2026: 5
- Q2 2013: $1.5bn
- Q3 2013: $1.5bn
- Q4 2013: $1.5bn
- Q1 2014: $1.2bn
- Q2 2014: $1.1bn
- Q3 2014: $1.6bn
- Q4 2014: $1.6bn
- Q1 2015: $1.7bn
- Q2 2015: $2.4bn
- Q3 2015: $3.4bn
- Q4 2015: $3.6bn
- Q1 2016: $3.5bn
- Q2 2016: $3.6bn
- Q3 2016: $3.3bn
- Q4 2016: $2.7bn
- Q1 2017: $2.2bn
- Q2 2017: $2.3bn
- Q3 2017: $2.2bn
- Q4 2017: $1.9bn
- Q1 2018: $1.6bn
- Q2 2018: $1.9bn
- Q3 2018: $2.2bn
- Q4 2018: $1.5bn
- Q1 2019: $2.9bn
- Q2 2019: $3.2bn
- Q3 2019: $3.4bn
- Q4 2019: $3.5bn
- Q1 2020: $2.9bn
- Q2 2020: $3.7bn
- Q3 2020: $3.9bn
- Q4 2020: $4.0bn
- Q1 2021: $4.0bn
- Q2 2021: $3.7bn
- Q3 2021: $3.6bn
- Q4 2021: $3.1bn
- Q1 2022: $2.8bn
- Q2 2022: $2.6bn
- Q3 2022: $2.1bn
- Q4 2022: $2.4bn
- Q1 2023: $1.9bn
- Q2 2023: $1.5bn
- Q3 2023: $1.3bn
- Q4 2023: $1.4bn
- Q1 2024: $1.3bn
- Q2 2024: $1.3bn
- Q3 2024: $1.6bn
- Q4 2024: $1.3bn
- Q1 2025: $1.3bn
- Q2 2025: $470m
- Q3 2025: $1.1bn
- Q4 2025: $939m
- Q1 2026: $909m
- Q2 2026: $491m
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
Largest increases, by shares
- AQR Capital Management LLC7,320,677 to 20,496,252 shares+$177m
- Freestone Grove Partners LPnew: 2,252,285 shares+$30m
- Holocene Advisors LP416,936 to 466,710 shares+$670k
Largest decreases, by shares
- Two Sigma Investments LP18,698,198 to 13,185,200 shares-$74m
- Maverick Capital Ltd142,740 to 89,682 shares-$714k
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| AQR Capital Management LLC | Q2 2013 | $276m | $276m | |
| Two Sigma Investments LP | Q2 2013 | $294m | $177m | |
| Freestone Grove Partners LP | Q4 2024 | $37m | $30m | |
| Holocene Advisors LP | Q4 2017 | $125m | $6.3m | |
| Maverick Capital Ltd | Q2 2018 | $4.1m | $1.2m | |
| Capital World Investors | Q2 2019 | $2.2bn | last listed Q3 2024 | |
| T. Rowe Price Associates Inc | Q3 2014 | $1.6bn | last listed Q1 2025 | |
| Jana Partners | Q2 2015 | $1.2bn | last listed Q2 2022 | |
| Capital Research Global Investors | Q2 2013 | $759m | last listed Q4 2017 | |
| Invesco Ltd | Q2 2013 | $654m | last listed Q1 2026 | |
| Fidelity (FMR LLC) | Q1 2016 | $393m | last listed Q1 2020 | |
| Citadel Advisors LLC | Q4 2015 | $301m | last listed Q1 2025 | |
| Neuberger Berman Group LLC | Q2 2013 | $300m | last listed Q3 2020 | |
| AllianceBernstein LP | Q2 2013 | $288m | last listed Q3 2017 | |
| Millennium Management LLC | Q2 2013 | $258m | last listed Q1 2023 |
What CAG 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 CAG →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.
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The holdings, every quarter, and the week between
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