Horizon Kinetics Asset Management’s Archer Daniels Midland ADM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$4.31M	Sell	59,312 -890	-1%	-$60.1K	0.05%	74
2025 Q4	$3.46M	Sell	60,202 -7,181	-11%	-$429K	0.05%	78
2025 Q3	$4.03M	Sell	67,383 -438,586	-87%	-$25.7M	0.05%	76
2025 Q2	$26.7M	Sell	505,969 -479	-0.1%	-$23.3K	0.32%	36
2025 Q1	$24.3M	Sell	506,448 -39,271	-7%	-$1.9M	0.28%	34
2024 Q4	$27.6M	Sell	545,719 -108,092	-17%	-$5.85M	0.34%	30
2024 Q3	$39.1M	Sell	653,811 -20,599	-3%	-$1.26M	0.58%	18
2024 Q2	$40.8M	Buy	674,410 +53,126	+9%	+$3.26M	0.71%	17
2024 Q1	$39M	Sell	621,284 -50,874	-8%	-$2.99M	0.74%	19
2023 Q4	$48.5M	Sell	672,158 -136,006	-17%	-$9.96M	1.02%	14
2023 Q3	$61M	Sell	808,164 -88,607	-10%	-$7.18M	1.21%	12
2023 Q2	$67.8M	Sell	896,771 -71,170	-7%	-$5.39M	1.47%	10
2023 Q1	$77.1M	Sell	967,941 -47,289	-5%	-$3.86M	1.48%	10
2022 Q4	$94.3M	Sell	1,015,230 -9,737	-0.9%	-$899K	1.56%	10
2022 Q3	$82.5M	Sell	1,024,967 -80,526	-7%	-$6.63M	1.66%	9
2022 Q2	$85.8M	Buy	1,105,493 +121,611	+12%	+$10.6M	1.8%	9
2022 Q1	$88.8M	Buy	983,882 +209,718	+27%	+$16.3M	1.79%	7
2021 Q4	$52.3M	Buy	774,164 +80,916	+12%	+$5.23M	1.16%	16
2021 Q3	$41.6M	Buy	693,248 +51,216	+8%	+$3.07M	0.97%	18
2021 Q2	$38.9M	Buy	642,032 +314,287	+96%	+$19.9M	0.79%	21
2021 Q1	$18.7M	Buy	327,745 +142,765	+77%	+$7.84M	0.42%	30
2020 Q4	$9.32M	Buy	184,980 +93,284	+102%	+$4.61M	0.31%	41
2020 Q3	$4.26M	Buy	91,696 +36,253	+65%	+$1.59M	0.17%	61
2020 Q2	$2.21M	Buy	+55,443	New	+$2.08M	0.08%	99