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Adecoagro

112 hedge funds and large institutions have $544M invested in Adecoagro in 2023 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 44 increasing their positions, 18 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

227% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 11

144% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 18

118% more call options, than puts

Call options by funds: $1.37M | Put options by funds: $630K

29% more funds holding

Funds holding: 87112 (+25)

0.64% more ownership

Funds ownership: 44.88%45.53% (+0.64%)

4% less capital invested

Capital invested by funds: $565M → $544M (-$20.7M)

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
112
Holders Change
+25
Holders Change %
+28.74%
% of All Funds
1.63%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
36
Increased
44
Reduced
18
Closed
11
Calls
$1.37M
Puts
$630K
Net Calls
+$744K
Net Calls Change
-$1M
Name Holding Trade Value Shares
Change
Change in
Stake
ROIC
1
Route One Investment Company
California
$129M -$15.7M -1,430,864 -11%
Jennison Associates
2
Jennison Associates
New York
$59.6M +$2.81M +255,684 +5%
PI
3
PGGM Investments
Netherlands
$50M
Grantham, Mayo, Van Otterloo & Co (GMO)
4
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$37.6M -$19.4M -1,766,982 -34%
HIG
5
Herr Investment Group
Texas
$22.6M +$1.74M +157,856 +8%
WGI
6
Westwood Global Investments
Massachusetts
$21.6M -$3.69M -335,000 -15%
DCM
7
Discovery Capital Management
Connecticut
$18.2M +$14.5M +1,317,608 +412%
Morgan Stanley
8
Morgan Stanley
New York
$15M +$12.6M +1,142,437 +551%
HI
9
Helikon Investments
United Kingdom
$14.3M +$1.57M +142,595 +12%
Millennium Management
10
Millennium Management
New York
$11.2M +$2.03M +184,794 +22%
JP Morgan Chase
11
JP Morgan Chase
New York
$11.1M +$4.87M +443,061 +79%
Aberdeen Group
12
Aberdeen Group
United Kingdom
$9.65M -$1.5M -136,572 -14%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$9.49M -$23M -2,088,244 -71%
Charles Schwab
14
Charles Schwab
California
$8.87M -$353K -32,056 -4%
Amundi
15
Amundi
France
$7.28M -$287K -26,088 -4%
Russell Investments Group
16
Russell Investments Group
United Kingdom
$7.09M -$5.41M -491,301 -43%
Invesco
17
Invesco
Georgia
$6.96M -$2.31M -210,132 -25%
Mirae Asset Global Investments
18
Mirae Asset Global Investments
South Korea
$4.91M +$1.84M +167,608 +61%
Connor, Clark & Lunn Investment Management (CC&L)
19
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$4.77M +$745K +67,692 +19%
CSS
20
Cubist Systematic Strategies
Connecticut
$4.43M +$1.78M +161,871 +68%
Two Sigma Investments
21
Two Sigma Investments
New York
$4.21M +$4.17M +379,194 New
Walleye Capital
22
Walleye Capital
New York
$4.12M +$1.34M +121,717 +49%
CCM
23
Causeway Capital Management
California
$4.11M +$4.08M +370,517 New
Bank of America
24
Bank of America
North Carolina
$4M +$883K +80,230 +29%
Goldman Sachs
25
Goldman Sachs
New York
$3.86M +$1.2M +109,057 +46%

AGRO Hedge Fund Activity: Q4 2023 in Review

112 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Adecoagro (AGRO) for Q4 2023, worth a combined $544M — down 3.7% from $565M a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new AGRO positions and 11 closed out — a net gain of 25 holders — while 44 added to existing stakes and 18 trimmed.

The largest buyer was Discovery Capital Management, adding an estimated $14.5M. The largest seller was Bank of New York Mellon, cutting an estimated $23M.

  • 112 institutional investors held Adecoagro (AGRO) as of Q4 2023, up from 87 in Q3 2023.
  • Funds reported $544M of Adecoagro stock for Q4 2023, down 3.7% quarter-over-quarter.
  • 36 funds opened new Adecoagro positions in Q4 2023 and 11 closed out, a net change of +25 holders.
  • The largest Adecoagro buyer in Q4 2023 was Discovery Capital Management, an estimated $14.5M added.
  • The largest Adecoagro seller in Q4 2023 was Bank of New York Mellon, an estimated $23M sold.

Based on aggregated 13F filings for Q4 2023.