Archer Daniels Midland

ADM • NYSE

Archer Daniels Midland is a agricultural farm products company in the consumer defensive sector on NYSE, led by Juan R. Luciano, with a market cap of $28.8B. As of Q3 2025, 84% of shares are held by 948 institutional investors, with VANGUARD GROUP INC as the largest holder at 12.21%.

Chairman of the BoardJuan R. Luciano

Market Cap$28.8B

Agricultural Farm Products

Consumer Defensive

Employees41.8K

Websiteadm.com

Country

United States of America

Overview

Overview of institutional ownership in ADM as of Q3 2025 with a market cap of $28.7B

All Institutions

Institutions: 948
Value Held: $24.0B
Shares Held: 401.4M
Avg Position: $25.3M
Median Position: $589.0K

Hedge Funds

Hedge Funds: 38
Value Held: $430.4M
Shares Held: 7.2M
Avg Position: $11.3M
Median Position: $1.5M

Ownership Breakdown

Institutional (non-HF)

82.06%

$23.6B

Hedge Funds

1.5%

$430.4M

Retail & Other

16.44%

$4.7B

Based on market cap of $28.7B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in ADM as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$3.5B 0.05% of portfolio	12.21% 58.6M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
S STATE FARM MUTUAL AUTOMOBILE INSURANCE CO Institution	-	$2.8B 2.33% of portfolio	9.74% 46.8M shares	≤ Q2 2013 Held for 12y 5m+	$119.95B
B BlackRock, Inc. Institution	-	$2.7B 0.05% of portfolio	9.36% 45.0M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$2.1B 0.07% of portfolio	7.15% 34.4M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$1.6B 0.28% of portfolio	5.60% 26.9M shares	≤ Q2 2013 Held for 12y 5m+	$571.21B
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$1.1B 0.18% of portfolio	3.83% 18.4M shares	≤ Q2 2013 Held for 12y 5m+	$620.51B
DODGE & COX Long Only Manager	Dana Morton Emery CEO	$900.2M 0.49% of portfolio	3.14% 15.1M shares	Q2 2025 Held for 5 months	$185.33B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$744.8M 0.05% of portfolio	2.61% 12.5M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
NORTHERN TRUST CORP Institution	Michael G. O'Grady CEO	$646.3M 0.08% of portfolio	2.25% 10.8M shares	≤ Q2 2013 Held for 12y 5m+	$782.01B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$453.0M 0.03% of portfolio	1.58% 7.6M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T

Net Capital Flow

Institutional buying and selling activity for ADM in Q3 2025

Traded: +$823.8M
Buyers: 446
Sellers: 415
Total Bought: +$2.0B
Total Sold: −$1.1B
Avg Position: $23.6M

Biggest Buyers

Institution	Net Bought	Current Position
DODGE & COX Long Only Manager	+$508.9M +8.5M shares	$900.2M 15.1M shares
P Pacer Advisors, Inc. Institution	+$260.2M +4.4M shares	$263.2M 4.4M shares
UBS Group AG Institution	+$98.1M +1.6M shares	$364.2M 6.1M shares
I Ilex Capital Partners LLP Institution	+$75.3M +1.3M shares	$75.3M 1.3M shares
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	+$75.1M +1.3M shares	$117.5M 2.0M shares
A Artemis Investment Management LLP Institution	+$57.6M +963.5K shares	$57.6M 963.5K shares
S Squarepoint Ops LLC Hedge Fund•Quant	+$54.4M +910.1K shares	$55.5M 928.7K shares
BANK OF AMERICA CORP /DE/ Institution	+$49.3M +825.9K shares	$175.2M 2.9M shares
R Russell Investments Group, Ltd. RIA/Wealth	+$47.2M +789.8K shares	$76.0M 1.3M shares
FRANKLIN RESOURCES INC Institution	+$43.3M +704.0K shares	$48.3M 784.9K shares

Biggest Sellers

Institution	Net Sold	Current Position
VANGUARD GROUP INC Institution	−$93.4M −1.6M shares	$3.5B 58.6M shares
FIRST TRUST ADVISORS LP ETF Provider	−$93.3M −1.6M shares	$63.2M 1.1M shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	−$72.6M −1.2M shares	$1.6B 26.9M shares
FMR LLC Institution	−$54.4M −910.7K shares	$102.7M 1.7M shares
A AustralianSuper Pty Ltd Institution	−$54.1M −905.0K shares	$32.1M 536.9K shares
S STEADFAST CAPITAL MANAGEMENT LP Hedge Fund•Long/Short	−$44.4M −840.5K shares	Sold Off 0 shares
V VIRGINIA RETIREMENT SYSTEMS ET AL Institution	−$43.8M −733.5K shares	$26.4M 442.0K shares
Invesco Ltd. ETF Provider	−$42.1M −705.0K shares	$334.3M 5.6M shares
B BNP PARIBAS ARBITRAGE, SA Institution	−$39.8M −665.7K shares	$23.6M 395.3K shares
THOMPSON SIEGEL & WALMSLEY LLC Long Only Manager	−$29.4M −492.8K shares	$50.9M 851.3K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited ADM in Q3 2025

New Positions: 37
New Value: $137.4M
Exited Positions: 70
Exited Value: $206.1M

New Positions

Institution	Position Value
I Ilex Capital Partners LLP Institution	$75.3M 1.3M shares
V Van Hulzen Asset Management, LLC Institution	$35.1M 587.8K shares
M MASTERS CAPITAL MANAGEMENT LLC Hedge Fund•Long/Short	$17.9M 300.0K shares
TOUNJIAN ADVISORY PARTNERS, LLC Family Office	$1.4M 24.0K shares
GREENWOOD CAPITAL ASSOCIATES LLC RIA/Wealth	$1.4M 23.0K shares
Susquehanna Portfolio Strategies, LLC Private Equity	$1.3M 22.3K shares
CHESAPEAKE CAPITAL CORP /IL/ Long Only Manager	$778.7K 13.0K shares
Catalytic Wealth RIA, LLC RIA/Wealth	$766.7K 12.8K shares
I Ion Asset Management Ltd. Institution	$727.9K 12.2K shares
T TEMA ETFS LLC Institution	$386.8K 6.5K shares

Exited Positions

Institution	Previous Position
S STEADFAST CAPITAL MANAGEMENT LP Hedge Fund•Long/Short	$44.4M 840.5K shares
Y Yaupon Capital Management LP Hedge Fund•Multi-Strategy	$26.1M 494.3K shares
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	$24.5M 465.0K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	$24.0M 453.8K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	$15.0M 284.3K shares
Walnut Level Capital LLC Hedge Fund•Sector	$10.4M 196.7K shares
Edgestream Partners, L.P. Hedge Fund•Quant Macro	$9.7M 183.1K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$8.3M 156.7K shares
AlTi Global, Inc. Institution	$5.4M 100.0K shares
R Ruffer LLP Long Only Manager	$5.0M 93.9K shares

Options Activity

Institutions with the largest Call and Put options positions in ADM as of Q3 2025

Call Positions: 35
Call Value: $348.6M
Put Positions: 30
Put Value: $219.2M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$59.3M 9.9K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$51.8M 8.7K contracts
M MASTERS CAPITAL MANAGEMENT LLC Hedge Fund•Long/Short	$41.8M 7.0K contracts
CITIGROUP INC Institution	$36.6M 6.1K contracts
J JANE STREET GROUP, LLC Institution	$32.6M 5.5K contracts
GOLDMAN SACHS GROUP INC Institution	$19.6M 3.3K contracts
W WOLVERINE TRADING, LLC Institution	$18.4M 3.1K contracts
B BNP PARIBAS ARBITRAGE, SA Institution	$11.9M 19.9 contracts
BANK OF AMERICA CORP /DE/ Institution	$10.2M 1.7K contracts
Walleye Trading LLC RIA/Wealth	$9.6M 1.6K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$44.7M 7.5K contracts
B BNP PARIBAS ARBITRAGE, SA Institution	$24.9M 41.7 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$21.9M 3.7K contracts
GOLDMAN SACHS GROUP INC Institution	$21.4M 3.6K contracts
UBS Group AG Institution	$14.8M 2.5K contracts
BANK OF AMERICA CORP /DE/ Institution	$11.0M 1.8K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$9.7M 1.6K contracts
CITIGROUP INC Institution	$9.4M 1.6K contracts
W WOLVERINE TRADING, LLC Institution	$7.7M 1.3K contracts
Walleye Trading LLC RIA/Wealth	$6.3M 1.1K contracts

Most Committed Institutions

Institutions with ADM as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
FAIRFIELD RESEARCH CORP RIA/Wealth	Charles Augustus Krause Managing Partner	4.23% $8.2M	0.03% 138.0K shares	≤ Q2 2013 Held for 12y 5m+	$194.8M
M MASTERS CAPITAL MANAGEMENT LLC Hedge Fund•Long/Short	Michael Willingham Masters CEO	3.44% $17.9M	0.06% 300.0K shares	Q2 2025 Held for 5 months	$521.3M
Robinson Value Management, Ltd. RIA/Wealth	Amy Abbey Robinson CEO	3.28% $5.7M	0.02% 94.6K shares	Q1 2024 Held for 1y 8m	$172.4M
V Van Hulzen Asset Management, LLC Institution	-	2.61% $35.1M	0.12% 587.8K shares	Q3 2025 Held for 2 months	$1.3B
I Ilex Capital Partners LLP Institution	-	2.40% $75.3M	0.26% 1.3M shares	Q3 2025 Held for 2 months	$3.1B
T THOMIST CAPITAL MANAGEMENT, LP Hedge Fund•Long/Short	Brian Kuzma Managing Partner	2.39% $7.7M	0.03% 127.3K shares	Q4 2023 Held for 1y 11m	$320.9M
S STATE FARM MUTUAL AUTOMOBILE INSURANCE CO Institution	-	2.33% $2.8B	9.74% 46.8M shares	≤ Q2 2013 Held for 12y 5m+	$119.95B
apricus wealth, LLC RIA/Wealth	Joseph J Costigan Founder	2.05% $3.8M	0.01% 63.6K shares	Q4 2021 Held for 3y 11m	$185.4M
BEARING POINT CAPITAL, LLC RIA/Wealth	Thomas Matthew Hawley Founder	1.96% $11.4M	0.04% 190.0K shares	Q4 2024 Held for 11 months	$580.4M
Kinloch Capital, LLC RIA/Wealth	Peter Carlyle Walls Managing Partner	1.86% $4.3M	0.01% 71.2K shares	Q4 2020 Held for 4y 11m	$228.6M

Hedge Fund Spotlight

Discover hedge funds investing in ADM

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.08B
Positions: 5,531
Last Reported: Q3 2025

Sector Allocation

Position in Archer Daniels Midland

Market Value: $84.0M
Shares Held: 1.4M
Portfolio Weight: 0.07%
Owned Since: 2013-Q2

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