ANDERSONS INC ANDE
COM · Common Stock · CUSIP 034164103 · ISIN US0341641035
American agricultural business
- SectorIndustrials
- IndustryWholesale-Farm Product Raw Materials
- HeadquartersMaumee, OH
- Websiteandersonsinc.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($13.0m this quarter). Holder counts are more reliable. Shares outstanding: 34.0m as of 2026-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $68.39. Options: 5 managers hold calls ($4.1m notional), 5 hold puts ($3.4m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 200 |
| Q4 2022 | 200 |
| Q1 2023 | 224 |
| Q2 2023 | 212 |
| Q3 2023 | 231 |
| Q4 2023 | 250 |
| Q1 2024 | 265 |
| Q2 2024 | 243 |
| Q3 2024 | 238 |
| Q4 2024 | 246 |
| Q1 2025 | 255 |
| Q2 2025 | 240 |
| Q3 2025 | 247 |
| Q4 2025 | 269 |
| Q1 2026 | 288 |
| Q2 2026 | 301 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 102 | 103 |
| Q4 2024 | 125 | 105 |
| Q1 2025 | 130 | 107 |
| Q2 2025 | 110 | 134 |
| Q3 2025 | 128 | 116 |
| Q4 2025 | 123 | 121 |
| Q1 2026 | 149 | 120 |
| Q2 2026 | 150 | 130 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $4.5m | $3.2m | 0.71 |
| Q4 2025 | $4.6m | $627.4k | 0.14 |
| Q1 2026 | $6.8m | $2.5m | 0.37 |
| Q2 2026 | $4.1m | $3.4m | 0.82 |
Biggest buyers
| BlackRock, Inc. | Added | +674.7k |
| Invesco Ltd. | Added | +416.4k |
| UniSuper Management Pty Ltd | New | +168.6k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +158.1k |
| Rubric Capital Management LP | Added | +143.7k |
| STATE STREET CORP | Added | +109.3k |
| JPMORGAN CHASE & CO | Added | +97.2k |
| Nuveen, LLC | Added | +95.0k |
| BANK OF AMERICA CORP /DE/ | Added | +75.7k |
| Man Group plc | Added | +64.8k |
Biggest sellers
| Ophir Asset Management Pty Ltd | Reduced | -370.0k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -326.3k |
| Sourcerock Group LLC | Sold out | -258.7k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -221.7k |
| GOLDMAN SACHS GROUP INC | Reduced | -159.1k |
| JANE STREET GROUP, LLC | Reduced | -132.8k |
| ExodusPoint Capital Management, LP | Sold out | -96.5k |
| SG Americas Securities, LLC | Reduced | -92.8k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Reduced | -83.0k |
| CITADEL ADVISORS LLC | Reduced | -78.2k |
Biggest calls
| D. E. Shaw & Co., Inc. | New | $2.1m30.0k shares |
| CITADEL ADVISORS LLC | Reduced | $964.4k14.1k shares |
| IMC-Chicago, LLC | Added | $766.1k11.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $328.3k4.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $20.5k300 shares |
Biggest puts
| D. E. Shaw & Co., Inc. | New | $2.1m30.0k shares |
| IMC-Chicago, LLC | New | $745.6k10.9k shares |
| CITADEL ADVISORS LLC | Added | $355.7k5.2k shares |
| JANE STREET GROUP, LLC | New | $212.0k3.1k shares |
| GROUP ONE TRADING LLC | New | $6.8k100 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| DIMENSIONAL FUND ADVISORS LP 13G · institution filed 2025-04-15 | 7.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 7.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 1 | $113.7k | — |
| Q1 2025 | 0 | — | 1 | $38.4k | $38.4k |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 2 | $1.2m | $154.1k |
| Q1 2026 | 0 | — | 4 | $3.1m | $2.8m |
| Q2 2026 | 0 | — | 2 | $5.3m | $5.3m |
| Q3 2026 | 0 | — | 1 | $284.6k | $284.6k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-07-22 | Bowe Patrick E. Director | Sold plan | $284.6k3.5k shares |
| 2026-06-04 | Rex Anne G VP, Strategy, Planning and Dev | Sold plan | $133.6k1.8k shares |
| 2026-05-05 | Bowe Patrick E. Director | Sold plan | $1.3m16.5k shares |
| 2026-04-30 | Bowe Patrick E. Director | Sold plan | $1.5m19.1k shares |
| 2026-04-29 | Bowe Patrick E. Director | Sold plan | $70.3k900 shares |
| 2026-04-23 | Bowe Patrick E. Director | Sold plan | $184.5k2.4k shares |
| 2026-04-22 | Bowe Patrick E. Director | Sold plan | $920.4k12.1k shares |
| 2026-04-21 | Bowe Patrick E. Director | Sold plan | $38.0k500 shares |
| 2026-04-06 | Bowe Patrick E. Director | Sold plan | $1.1m15.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 6.3m $427.7m | Added +674.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 2.4m $167.4m | Added +30.6k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 2.4m $161.1m | Added +5.2k |
| Invesco Ltd. 0.01% of their portfolio | 1.6m $112.1m | Added +416.4k |
| STATE STREET CORP 0.00% of their portfolio | 1.5m $99.4m | Added +109.3k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.4m $99.1m | Added +9.8k |
| Rubric Capital Management LP 0.63% of their portfolio | 999.6k $68.4m | Added +143.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 997.8k $68.3m | Added +158.1k |
| Jupiter Topco LLC 0.02% of their portfolio | 798.2k $54.6m | First filing |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 559.5k $38.6m | Added +97.2k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 535.7k $36.6m | Reduced -221.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 526.7k $36.0m | Reduced -9.9k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 518.6k $35.5m | Added +43.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 503.3k $34.4m | Reduced -326.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 469.0k $32.1m | Reduced -25.1k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.09% of their portfolio | 360.2k $24.6m | Reduced -83.0k |
| MORGAN STANLEY 0.00% of their portfolio | 347.6k $23.8m | Added +53.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 301.6k $20.6m | Added +5.5k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.34% of their portfolio | 282.1k $19.3m | Reduced -11.4k |
| Nuveen, LLC 0.00% of their portfolio | 264.7k $18.1m | Added +95.0k |
| Resolute Capital Asset Partners LLC 7.63% of their portfolio | 261.0k $17.9m | Reduced -9.0k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 260.3k $17.8m | Reduced -59.7k |
| Man Group plc 0.03% of their portfolio | 226.5k $15.5m | Added +64.8k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 226.3k $15.5m | Added +10.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 223.9k $15.3m | Reduced -159.1k |
| Venture Visionary Partners LLC 0.39% of their portfolio | 205.3k $14.0m | Reduced -9.8k |
| Empowered Funds, LLC 0.07% of their portfolio | 202.0k $13.8m | Added +42.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 183.8k $12.6m | Added +1.8k |
| OP Asset Management Ltd 0.13% of their portfolio | 176.0k $12.0m | Added +5.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 172.1k $11.8m | Added +75.7k |
| UniSuper Management Pty Ltd 0.06% of their portfolio | 168.6k $11.5m | New |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 159.9k $10.9m | Reduced -25.7k |
| Ophir Asset Management Pty Ltd 0.81% of their portfolio | 144.4k $9.9m | Reduced -370.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 136.7k $9.4m | Reduced -1.0k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 115.9k $7.9m | Reduced -4.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 112.4k $7.7m | Reduced -132.8k |
| PDT Partners, LLC 0.39% of their portfolio | 107.5k $7.4m | Added +62.3k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 104.6k $7.3m | Reduced -2.9k |
| ProShare Advisors LLC 0.01% of their portfolio | 99.2k $6.8m | Reduced -2.7k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.02% of their portfolio | 97.4k $6.7m | Reduced -36.0k |
| BARCLAYS PLC 0.00% of their portfolio | 95.9k $6.6m | Added +35.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 95.8k $6.6m | Added +5.3k |
| Trexquant Investment LP 0.04% of their portfolio | 89.5k $6.1m | Added +4.0k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 88.4k $6.0m | Reduced -39.5k |
| FIRST WILSHIRE SECURITIES MANAGEMENT INC 1.23% of their portfolio | 87.3k $6.0m | Reduced -9.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 86.8k $5.9m | Reduced -9.8k |
| Legal & General Group Plc 0.00% of their portfolio | 78.4k $5.4m | Added +3.0k |
| Advisors Asset Management, Inc. 0.08% of their portfolio | 72.2k $4.9m | Added +16.4k |
| Edgestream Partners, L.P. 0.15% of their portfolio | 71.6k $4.9m | Added +33.4k |
| CREDIT AGRICOLE S A 0.01% of their portfolio | 71.4k $4.9m | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 71.0k $4.9m | Added +14.6k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 70.3k $4.8m | Reduced -24.4k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.15% of their portfolio | 69.3k $4.7m | Reduced -6.1k |
| NORGES BANK 0.00% of their portfolio | 66.4k $4.5m | Not comparable |
| Swiss National Bank 0.00% of their portfolio | 64.8k $4.4m | Reduced -2.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 62.9k $4.3m | Reduced -55.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 59.3k $4.1m | Reduced -66.5k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 58.4k $4.0m | Reduced -11.8k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 58.4k $4.0m | Reduced -40.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 55.2k $3.8m | Added +17.5k |
| Susquehanna Portfolio Strategies, LLC 0.06% of their portfolio | 53.3k $3.6m | Added +1.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 50.0k $3.4m | Reduced -1.2k |
| ALPS ADVISORS INC 0.02% of their portfolio | 49.8k $3.4m | Added +623 |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 49.8k $3.5m | Added +19.9k |
| De Lisle Partners LLP 0.37% of their portfolio | 49.3k $3.4m | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 48.0k $3.3m | Added +8.3k |
| MARTINGALE ASSET MANAGEMENT L P 0.07% of their portfolio | 44.0k $3.0m | Reduced -5.7k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 43.7k $3.0m | Reduced -1.3k |
| SJS Investment Consulting Inc. 0.32% of their portfolio | 43.6k $3.0m | Added +3.6k |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 43.4k $3.0m | New |
| Inspire Investing, LLC 0.12% of their portfolio | 42.8k $2.9m | Added +2.4k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 40.9k $2.8m | Unchanged |
| NFJ INVESTMENT GROUP, LLC 0.09% of their portfolio | 40.8k $2.8m | New |
| Y-Intercept (Hong Kong) Ltd 0.06% of their portfolio | 40.7k $2.8m | New |
| UBS Group AG 0.00% of their portfolio | 40.0k $2.7m | Reduced -39.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 36.7k $2.5m | Reduced -6.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 36.6k $2.5m | Reduced -3.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 36.6k $2.6m | Added +7.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 34.8k $2.4m | Added +6.5k |
| XTX Topco Ltd 0.03% of their portfolio | 34.6k $2.4m | Added +27.3k |
| Amundi 0.00% of their portfolio | 33.1k $2.3m | Added +665 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 32.9k $2.3m | Added +15.8k |
| Mariner, LLC 0.00% of their portfolio | 32.7k $2.2m | Reduced -24.6k |
| BARINGS LLC 0.04% of their portfolio | 30.7k $2.1m | Added +4.6k |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 29.6k $2.0m | Reduced -2.1k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.03% of their portfolio | 29.4k $2.0m | Reduced -1.4k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 29.2k $2.0m | Reduced -3.2k |
| Quantinno Capital Management LP 0.00% of their portfolio | 28.8k $2.0m | Added +16.0k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 28.7k $2.0m | Reduced -693 |
| Quantbot Technologies LP 0.08% of their portfolio | 28.4k $1.9m | New |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 26.8k $1.8m | Unchanged |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 25.6k $1.8m | Reduced -3.4k |
| CROBAN 0.76% of their portfolio | 25.4k $1.7m | Reduced -235 |
| Aquatic Capital Management LLC 0.06% of their portfolio | 25.0k $1.7m | Added +24.8k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 24.7k $1.7m | Reduced -32.0k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 24.6k $1.7m | New |
| Sagefield Capital LP 0.12% of their portfolio | 24.6k $1.7m | New |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 24.3k $1.7m | Added +2.1k |
| COMPASS FINANCIAL MANAGEMENT LLC 0.19% of their portfolio | 23.2k $1.6m | First filing |
| CITIGROUP INC 0.00% of their portfolio | 22.7k $1.6m | Added +15.0k |