Bunge Global
608 hedge funds and large institutions have $13.5B invested in Bunge Global in 2023 Q3 according to their latest regulatory filings, with 72 funds opening new positions, 204 increasing their positions, 247 reducing their positions, and 83 closing their positions.
106% more call options, than puts
Call options by funds: $391M | Put options by funds: $190M
10% more capital invested
Capital invested by funds: $12.3B → $13.5B (+$1.28B)
2% less funds holding
Funds holding: 623 → 608 (-15)
3.26% less ownership
Funds ownership: 86.23% → 82.97% (-3.3%)
13% less first-time investments, than exits
New positions opened: 72 | Existing positions closed: 83
17% less repeat investments, than reductions
Existing positions increased: 204 | Existing positions reduced: 247
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$72.3M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$67.1M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$30.4M |
| 4 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
+$25.3M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGC
Continental Grain Company
New York
|
-$99.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$71.7M |
| 3 |
UBS AM
Chicago,
Illinois
|
-$63.1M |
| 4 |
VanEck Associates
New York
|
-$38.2M |
| 5 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
-$34M |
BG Hedge Fund Activity: Q3 2023 in Review
608 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Bunge Global (BG) for Q3 2023, worth a combined $13.5B — up 10% from $12.3B a quarter earlier.
Sellers outnumbered buyers: 83 funds closed out of BG and 72 opened new positions — a net loss of 11 holders — while 247 trimmed existing stakes and 204 added.
The largest buyer was Bank of New York Mellon, adding an estimated $72.3M. The largest seller was Continental Grain Company, exiting entirely with an estimated $99.2M sold.
- 608 institutional investors held Bunge Global (BG) as of Q3 2023, down from 623 in Q2 2023.
- Funds reported $13.5B of Bunge Global stock for Q3 2023, up 10% quarter-over-quarter.
- 72 funds opened new Bunge Global positions in Q3 2023 and 83 closed out, a net change of -11 holders.
- The largest Bunge Global buyer in Q3 2023 was Bank of New York Mellon, an estimated $72.3M added.
- The largest Bunge Global seller in Q3 2023 was Continental Grain Company, an estimated $99.2M sold.
Based on aggregated 13F filings for Q3 2023.