J.M. Smucker
943 hedge funds and large institutions have $13B invested in J.M. Smucker in 2023 Q1 according to their latest regulatory filings, with 99 funds opening new positions, 306 increasing their positions, 345 reducing their positions, and 57 closing their positions.
74% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 57
2% more funds holding
Funds holding: 925 → 943 (+18)
4% more call options, than puts
Call options by funds: $44.5M | Put options by funds: $42.7M
3% less capital invested
Capital invested by funds: $13.4B → $13B (-$359M)
2.68% less ownership
Funds ownership: 80.79% → 78.12% (-2.7%)
11% less repeat investments, than reductions
Existing positions increased: 306 | Existing positions reduced: 345
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ProShare Advisors
Bethesda,
Maryland
|
+$174M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$103M |
| 3 |
Holocene Advisors
New York
|
+$100M |
| 4 |
DC
Davenport & Co
Richmond,
Virginia
|
+$51.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$38.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$406M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$134M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$82M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$77.6M |
| 5 |
Millennium Management
New York
|
-$44.6M |
SJM Hedge Fund Activity: Q1 2023 in Review
943 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in J.M. Smucker (SJM) for Q1 2023, worth a combined $13B — down 2.7% from $13.4B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new SJM positions and 57 closed out — a net gain of 42 holders — while 306 added to existing stakes and 345 trimmed.
The largest buyer was ProShare Advisors, adding an estimated $174M. The largest seller was Stifel Financial, cutting an estimated $406M.
- 943 institutional investors held J.M. Smucker (SJM) as of Q1 2023, up from 925 in Q4 2022.
- Funds reported $13B of J.M. Smucker stock for Q1 2023, down 2.7% quarter-over-quarter.
- 99 funds opened new J.M. Smucker positions in Q1 2023 and 57 closed out, a net change of +42 holders.
- The largest J.M. Smucker buyer in Q1 2023 was ProShare Advisors, an estimated $174M added.
- The largest J.M. Smucker seller in Q1 2023 was Stifel Financial, an estimated $406M sold.
Based on aggregated 13F filings for Q1 2023.