Conagra Brands
864 hedge funds and large institutions have $13.8B invested in Conagra Brands in 2023 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 333 increasing their positions, 316 reducing their positions, and 88 closing their positions.
30% more call options, than puts
Call options by funds: $86.4M | Put options by funds: $66.6M
5% more repeat investments, than reductions
Existing positions increased: 333 | Existing positions reduced: 316
3% less funds holding
Funds holding: 888 → 864 (-24)
4.64% less ownership
Funds ownership: 90.45% → 85.81% (-4.6%)
13% less capital invested
Capital invested by funds: $15.9B → $13.8B (-$2.15B)
20% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 88
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
+$283M |
| 2 |
Man Group
London,
United Kingdom
|
+$123M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$104M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$66.7M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$53.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OIAM
OFI Invest Asset Management
Paris,
France
|
-$1.17B |
| 2 |
Millennium Management
New York
|
-$103M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$76.8M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$56.5M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$53.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CQS
951
Credential Qtrade Securities
Vancouver,
| – | -$1.69K | -45 | Closed |
|
|
HCM
952
Hollencrest Capital Management
Newport Beach,
California
| – | -$939 | -25 | Closed |
|
953
Comerica Bank
Dallas,
Texas
| – | +$21.9M | +605,687 | New |
|
CAG Hedge Fund Activity: Q2 2023 in Review
864 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Conagra Brands (CAG) for Q2 2023, worth a combined $13.8B — down 13% from $15.9B a quarter earlier.
Sellers outnumbered buyers: 88 funds closed out of CAG and 70 opened new positions — a net loss of 18 holders — while 316 trimmed existing stakes and 333 added.
The largest buyer was Nordea Investment Management, adding an estimated $283M. The largest seller was OFI Invest Asset Management, cutting an estimated $1.17B.
- 864 institutional investors held Conagra Brands (CAG) as of Q2 2023, down from 888 in Q1 2023.
- Funds reported $13.8B of Conagra Brands stock for Q2 2023, down 13% quarter-over-quarter.
- 70 funds opened new Conagra Brands positions in Q2 2023 and 88 closed out, a net change of -18 holders.
- The largest Conagra Brands buyer in Q2 2023 was Nordea Investment Management, an estimated $283M added.
- The largest Conagra Brands seller in Q2 2023 was OFI Invest Asset Management, an estimated $1.17B sold.
Based on aggregated 13F filings for Q2 2023.