Conagra Brands

CAG • NYSE

Conagra Brands is a packaged foods company in the consumer defensive sector on NYSE, led by Sean Connolly, with a market cap of $8.5B. As of Q3 2025, 86% of shares are held by 741 institutional investors, with VANGUARD GROUP INC as the largest holder at 12.45%.

President and Chief Executive OfficerSean Connolly

Market Cap$8.5B

Packaged Foods

Consumer Defensive

Employees18.5K

Websiteconagrabrands.com

Country

United States of America

Overview

Overview of institutional ownership in CAG as of Q3 2025 with a market cap of $8.8B

All Institutions

Institutions: 741
Value Held: $7.5B
Shares Held: 409.3M
Avg Position: $10.1M
Median Position: $463.2K

Hedge Funds

Hedge Funds: 47
Value Held: $964.2M
Shares Held: 52.7M
Avg Position: $20.5M
Median Position: $1.9M

Ownership Breakdown

Institutional (non-HF)

74.5%

$6.5B

Hedge Funds

11.0%

$964.2M

Retail & Other

14.5%

$1.3B

Based on market cap of $8.8B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in CAG as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$1.1B 0.02% of portfolio	12.45% 59.6M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$784.6M 0.01% of portfolio	8.95% 42.9M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$450.6M 0.02% of portfolio	5.14% 24.6M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$285.4M 0.05% of portfolio	3.26% 15.6M shares	≤ Q2 2013 Held for 12y 5m+	$633.08B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$268.7M 0.06% of portfolio	3.07% 14.7M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$236.2M 0.02% of portfolio	2.70% 12.9M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$235.3M 0.01% of portfolio	2.68% 12.9M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
AMERIPRISE FINANCIAL INC Institution	Jim Cracchiolo CEO	$222.1M 0.05% of portfolio	2.53% 12.1M shares	≤ Q2 2013 Held for 12y 5m+	$433.11B
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	Scott David Hoffman CEO	$176.6M 0.35% of portfolio	2.01% 9.6M shares	Q3 2022 Held for 3y 2m	$50.0B
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	Scott David Hoffman CEO	$152.8M 0.25% of portfolio	1.74% 8.3M shares	Q2 2015 Held for 10y 5m	$62.0B

Net Capital Flow

Institutional buying and selling activity for CAG in Q3 2025

Traded: −$87.8M
Buyers: 392
Sellers: 405
Total Bought: +$1.3B
Total Sold: −$1.4B
Avg Position: $8.4M

Biggest Buyers

Institution	Net Bought	Current Position
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$107.8M +5.9M shares	$152.8M 8.3M shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$100.6M +5.5M shares	$141.6M 7.7M shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$92.5M +5.1M shares	$135.3M 7.5M shares
Q Qube Research & Technologies Ltd Institution	+$76.6M +4.2M shares	$108.3M 5.9M shares
Marshall Wace LLP Institution	+$71.2M +3.9M shares	$89.5M 4.9M shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$65.0M +3.5M shares	$84.7M 4.6M shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	+$61.4M +3.4M shares	$176.6M 9.6M shares
MORGAN STANLEY RIA/Wealth	+$61.3M +3.3M shares	$235.3M 12.9M shares
Invesco Ltd. ETF Provider	+$58.1M +3.2M shares	$285.4M 15.6M shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$47.9M +2.6M shares	$268.7M 14.7M shares

Biggest Sellers

Institution	Net Sold	Current Position
NORDEA INVESTMENT MANAGEMENT AB Institution	−$163.9M −9.1M shares	$17.9M 995.7K shares
B BlackRock, Inc. Institution	−$158.2M −8.6M shares	$784.6M 42.9M shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	−$85.6M −4.2M shares	Sold Off 0 shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	−$80.6M −3.9M shares	Sold Off 0 shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$55.1M −3.0M shares	$30.6M 1.7M shares
A Amundi Institution	−$41.9M −2.2M shares	$32.9M 1.8M shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	−$37.0M −2.0M shares	$68.7M 3.8M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$36.8M −2.0M shares	$33.9M 1.8M shares
VANGUARD GROUP INC Institution	−$32.2M −1.8M shares	$1.1B 59.6M shares
STATE STREET CORP Institution	−$29.2M −1.6M shares	$450.6M 24.6M shares

Entry and Exit Activity

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

New Positions: 38
New Value: $14.3M
Exited Positions: 152
Exited Value: $418.2M

New Positions

Institution	Position Value
PEKIN SINGER STRAUSS ASSET MANAGEMENT /IL RIA/Wealth	$4.5M 244.4K shares
Collar Capital Management, LLC RIA/Wealth	$2.4M 131.9K shares
Catalytic Wealth RIA, LLC RIA/Wealth	$1.1M 61.5K shares
V Vise Technologies, Inc. Institution	$781.8K 42.7K shares
A Arvest Trust Co Institution	$681.0K 37.2K shares
Pallas Capital Advisors LLC RIA/Wealth	$560.9K 30.6K shares
BRIGHTON JONES LLC RIA/Wealth	$507.6K 27.7K shares
ARVEST INVESTMENTS, INC. RIA/Wealth	$443.8K 24.2K shares
Lifeworks Advisors, LLC RIA/Wealth	$341.6K 18.7K shares
C Camden Capital, LLC RIA/Wealth	$338.8K 18.5K shares

Exited Positions

Institution	Previous Position
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	$85.6M 4.2M shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	$80.6M 3.9M shares
Junto Capital Management LP Hedge Fund•Long/Short	$24.0M 1.2M shares
M Man Group plc Institution	$19.6M 959.1K shares
M MILLER HOWARD INVESTMENTS INC /NY Long Only Manager	$19.0M 930.0K shares
A AXA Institution	$13.4M 655.9K shares
A AustralianSuper Pty Ltd Institution	$13.1M 637.6K shares
HALLMARK CAPITAL MANAGEMENT INC RIA/Wealth	$11.3M 553.3K shares
A AVIVA PLC Institution	$7.3M 355.9K shares
I ING GROEP NV Institution	$6.0M 291.4K shares

Options Activity

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

Call Positions: 19
Call Value: $96.2M
Put Positions: 22
Put Value: $106.1M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$22.5M 12.3K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$16.2M 8.8K contracts
L Lombard Odier Asset Management Corp Hedge Fund•Multi-Strategy	$9.2M 5.0K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$7.2M 3.9K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$6.4M 3.5K contracts
J JANE STREET GROUP, LLC Institution	$5.6M 3.0K contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$4.0M 2.2K contracts
Walleye Trading LLC RIA/Wealth	$3.9M 2.1K contracts
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	$3.7M 2.0K contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$3.4M 1.8K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$27.2M 14.9K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$14.9M 8.1K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$13.8M 7.5K contracts
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$13.3M 7.3K contracts
J JANE STREET GROUP, LLC Institution	$7.8M 4.2K contracts
C CREDIT AGRICOLE S A Institution	$5.5M 3.0K contracts
W WOLVERINE TRADING, LLC Institution	$3.8M 2.1K contracts
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	$3.7M 2.0K contracts
D D. E. Shaw & Co., Inc. Institution	$2.4M 1.3K contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$2.2M 1.2K contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Q QSM Asset Management Ltd Institution	-	6.80% $9.5M	0.11% 529.2K shares	Q4 2024 Held for 11 months	$140.0M
F&V Capital Management, LLC RIA/Wealth	Karin Maria Mueller-Paris Partner	3.70% $16.3M	0.19% 892.8K shares	Q4 2014 Held for 10y 11m	$442.0M
Collar Capital Management, LLC RIA/Wealth	Patrick Daniel Collar Managing Partner	1.68% $2.4M	0.03% 131.9K shares	Q3 2025 Held for 2 months	$143.5M
THOMPSON SIEGEL & WALMSLEY LLC Long Only Manager	Brett Phelan Hawkins CIO	1.59% $96.5M	1.10% 5.3M shares	Q3 2024 Held for 1y 2m	$6.1B
SGL Investment Advisors, Inc. RIA/Wealth	Scott Gregory Long Chairman	1.58% $3.7M	0.05% 216.6K shares	Q3 2024 Held for 1y 2m	$237.4M
Hillman Capital Management, Inc. Long Only Manager	Mark Alan Hillman CEO	1.54% $2.6M	0.03% 144.7K shares	Q3 2021 Held for 4y 2m	$171.8M
KITZINGER LAUTMANN CAPITAL MANAGEMENT INC Long Only Manager	James Brian Kitzinger President	1.52% $15.2M	0.17% 831.4K shares	Q4 2024 Held for 11 months	$1.0B
M Miller Financial Services LLC RIA/Wealth	Joseph Patrick Miller President	1.51% $1.3M	0.01% 71.0K shares	Q4 2024 Held for 11 months	$85.9M
Gilman Hill Asset Management, LLC RIA/Wealth	Jenny Vanleeuwen Harrington CEO	1.30% $8.4M	0.10% 458.9K shares	Q4 2024 Held for 11 months	$646.5M
All Terrain Financial Advisors, LLC RIA/Wealth	Brian James Skolte Managing Partner	1.10% $3.4M	0.04% 185.9K shares	Q4 2017 Held for 7y 11m	$310.1M