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Adecoagro

87 hedge funds and large institutions have $565M invested in Adecoagro in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 22 increasing their positions, 34 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

219% more call options, than puts

Call options by funds: $2.54M | Put options by funds: $796K

54% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 13

21% more capital invested

Capital invested by funds: $466M → $565M (+$98.2M)

7% more funds holding

Funds holding: 8187 (+6)

1.42% less ownership

Funds ownership: 46.3%44.88% (-1.4%)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

35% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 34

Holders
87
Holders Change
+6
Holders Change %
+7.41%
% of All Funds
1.38%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.06%
New
20
Increased
22
Reduced
34
Closed
13
Calls
$2.54M
Puts
$796K
Net Calls
+$1.75M
Net Calls Change
-$523K
Name Holding Trade Value Shares
Change
Change in
Stake
ROIC
1
Route One Investment Company
California
$152M
Grantham, Mayo, Van Otterloo & Co (GMO)
2
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$60.2M -$6.82M -631,505 -11%
Jennison Associates
3
Jennison Associates
New York
$59.8M -$2.69M -249,010 -5%
PI
4
PGGM Investments
Netherlands
$52.6M
Bank of New York Mellon
5
Bank of New York Mellon
New York
$34.4M +$278K +25,700 +0.9%
WGI
6
Westwood Global Investments
Massachusetts
$26.6M -$1.85M -171,600 -7%
HIG
7
Herr Investment Group
Texas
$21.9M -$1.21M -111,678 -6%
HI
8
Helikon Investments
United Kingdom
$13.4M -$7.78M -720,032 -39%
Russell Investments Group
9
Russell Investments Group
United Kingdom
$13.2M -$1.78M -165,040 -13%
Aberdeen Group
10
Aberdeen Group
United Kingdom
$11.8M +$1.47M +135,990 +16%
Invesco
11
Invesco
Georgia
$9.79M -$3.95M -366,122 -30%
Charles Schwab
12
Charles Schwab
California
$9.71M -$22K -2,040 -0.2%
Millennium Management
13
Millennium Management
New York
$9.66M +$8.92M +825,952 New
SC
14
Sagil Capital
United Kingdom
$8.31M -$3M -277,271 -28%
Amundi
15
Amundi
France
$7.87M -$1.76M -163,193 -19%
JP Morgan Chase
16
JP Morgan Chase
New York
$6.54M +$1.03M +95,197 +20%
Connor, Clark & Lunn Investment Management (CC&L)
17
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$4.23M +$3.11M +287,919 +388%
DCM
18
Discovery Capital Management
Connecticut
$3.74M +$3.46M +319,890 New
CAM
19
Claret Asset Management
Quebec, Canada
$3.41M -$22.3K -2,065 -0.7%
Boston Partners
20
Boston Partners
Massachusetts
$3.38M -$22.3K -2,062 -0.7%
Bank of America
21
Bank of America
North Carolina
$3.27M +$1.51M +140,054 +100%
Mirae Asset Global Investments
22
Mirae Asset Global Investments
South Korea
$3.22M +$13.8K +1,280 +0.5%
BlackRock
23
BlackRock
New York
$3M -$290K -26,890 -9%
Walleye Capital
24
Walleye Capital
New York
$2.92M +$2.7M +249,710 New
Goldman Sachs
25
Goldman Sachs
New York
$2.79M -$1.59M -147,530 -38%

AGRO Hedge Fund Activity: Q3 2023 in Review

87 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Adecoagro (AGRO) for Q3 2023, worth a combined $565M — up 21% from $466M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new AGRO positions and 13 closed out — a net gain of 7 holders — while 22 added to existing stakes and 34 trimmed.

The largest buyer was Millennium Management, opening a new position worth an estimated $8.92M. The largest seller was Helikon Investments, cutting an estimated $7.78M.

  • 87 institutional investors held Adecoagro (AGRO) as of Q3 2023, up from 81 in Q2 2023.
  • Funds reported $565M of Adecoagro stock for Q3 2023, up 21% quarter-over-quarter.
  • 20 funds opened new Adecoagro positions in Q3 2023 and 13 closed out, a net change of +7 holders.
  • The largest Adecoagro buyer in Q3 2023 was Millennium Management, an estimated $8.92M added.
  • The largest Adecoagro seller in Q3 2023 was Helikon Investments, an estimated $7.78M sold.

Based on aggregated 13F filings for Q3 2023.