Horizon Kinetics’s Archer Daniels Midland ADM Stock Holding History

Horizon Kinetics’s Portfolio ADM Stock Details ADM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-25,982	Closed	-$1.11M	–	508
2016 Q2	$1.11M	Hold	25,982	–	–	0.03%	190
2016 Q1	$943K	Buy	25,982 +200	+0.8%	+$6.96K	0.02%	204
2015 Q4	$945K	Buy	25,782 +1,450	+6%	+$58.1K	0.02%	210
2015 Q3	$1.01M	Hold	24,332	–	–	0.02%	191
2015 Q2	$1.17M	Hold	24,332	–	–	0.02%	206
2015 Q1	$1.15M	Sell	24,332 -220	-0.9%	-$10.5K	0.02%	216
2014 Q4	$1.28M	Buy	24,552 +220	+0.9%	+$11K	0.02%	208
2014 Q3	$1.24M	Hold	24,332	–	–	0.02%	210
2014 Q2	$1.07M	Sell	24,332 -61	-0.3%	-$2.69K	0.01%	237
2014 Q1	$1.06M	Buy	24,393 +61	+0.3%	+$2.52K	0.01%	235
2013 Q4	$1.06M	Hold	24,332	–	–	0.01%	236
2013 Q3	$896K	Hold	24,332	–	–	0.01%	252
2013 Q2	$825K	Buy	+24,332	New	+$812K	0.01%	269

Other funds holding ADM

State Farm Mutual Automobile Insurance Bloomington, Illinois $127B AUM 32.55% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

Macquarie Group Sydney, NSW 2000, Australia $16.8B AUM 27.39% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Horizon Kinetics's ADM Position: Q3 2016 in Review

Horizon Kinetics sold out of Archer Daniels Midland (ADM) in Q3 2016, closing a stake of 25,982 shares — an estimated $1.11M sold.

Horizon Kinetics first reported a position in ADM in Q2 2013 and held it in 13 quarters. The position peaked at $1.28M in Q4 2014. 688 funds tracked by Wall St. Rank hold ADM as of Q3 2016.

Horizon Kinetics reported no remaining Archer Daniels Midland position as of Q3 2016 after selling out during the quarter.
Horizon Kinetics sold 25,982 Archer Daniels Midland shares in Q3 2016, an estimated $1.11M.
Horizon Kinetics first reported a position in Archer Daniels Midland in Q2 2013 and held it in 13 quarters.
Horizon Kinetics's Archer Daniels Midland position peaked at $1.28M in Q4 2014.
688 funds tracked by Wall St. Rank held Archer Daniels Midland as of Q3 2016.

Based on Horizon Kinetics's 13F filing for Q3 2016, filed 14 Nov 2016.