ARCHER DANIELS MIDLAND CO ADM
COM · Common Stock · CUSIP 039483102 · ISIN US0394831020
American global food processing and commodities trading corporation
* 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 ($139.8m this quarter). Holder counts are more reliable. Shares outstanding: 482.0m as of 2026-07-30, 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 ≈ $76.35. Options: 32 managers hold calls ($372.4m notional), 26 hold puts ($172.9m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,072 |
| Q4 2022 | 1,188 |
| Q1 2023 | 1,123 |
| Q2 2023 | 1,077 |
| Q3 2023 | 1,117 |
| Q4 2023 | 1,117 |
| Q1 2024 | 1,053 |
| Q2 2024 | 1,027 |
| Q3 2024 | 1,000 |
| Q4 2024 | 966 |
| Q1 2025 | 946 |
| Q2 2025 | 933 |
| Q3 2025 | 981 |
| Q4 2025 | 1,035 |
| Q1 2026 | 1,115 |
| Q2 2026 | 1,159 |
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 | 393 | 533 |
| Q4 2024 | 351 | 551 |
| Q1 2025 | 421 | 460 |
| Q2 2025 | 418 | 454 |
| Q3 2025 | 455 | 421 |
| Q4 2025 | 458 | 421 |
| Q1 2026 | 589 | 412 |
| Q2 2026 | 569 | 459 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $453.9m | $269.5m | 0.59 |
| Q4 2025 | $301.1m | $214.0m | 0.71 |
| Q1 2026 | $371.4m | $148.9m | 0.40 |
| Q2 2026 | $372.4m | $172.9m | 0.46 |
Biggest buyers
| Capital Wealth Planning, LLC | New | +4.2m |
| Assenagon Asset Management S.A. | Added | +1.8m |
| BlackRock, Inc. | Added | +1.8m |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Added | +1.6m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +1.3m |
| GOLDMAN SACHS GROUP INC | Added | +1.2m |
| FMR LLC | Added | +1.1m |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Added | +875.2k |
| BROWN ADVISORY INC | Added | +862.8k |
| Woodline Partners LP | Added | +710.3k |
Biggest sellers
| Dodge & Cox | Reduced | -1.6m |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -953.8k |
| Point72 Asset Management, L.P. | Reduced | -879.1k |
| VAN ECK ASSOCIATES CORP | Reduced | -767.4k |
| FIRST TRUST ADVISORS LP | Reduced | -743.8k |
| UBS Group AG | Reduced | -680.5k |
| NORTHERN TRUST CORP | Reduced | -637.3k |
| MORGAN STANLEY | Reduced | -614.6k |
| Pacer Advisors, Inc. | Reduced | -468.2k |
| MONETA GROUP INVESTMENT ADVISORS LLC | Reduced | -441.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $73.2m958.3k shares |
| JANE STREET GROUP, LLC | Added | $68.5m896.4k shares |
| IMC-Chicago, LLC | Added | $55.6m728.3k shares |
| CITADEL ADVISORS LLC | Reduced | $41.3m541.2k shares |
| Point72 Asset Management, L.P. | Added | $22.1m289.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $14.4m188.8k shares |
| Walleye Trading LLC | Added | $13.4m174.9k shares |
| GROUP ONE TRADING LLC | Reduced | $12.9m168.7k shares |
| Alphadyne Asset Management LP | Added | $10.6m138.7k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $9.1m119.2k shares |
Biggest puts
| IMC-Chicago, LLC | Added | $29.4m384.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $23.7m310.5k shares |
| CITADEL ADVISORS LLC | Added | $16.6m217.8k shares |
| Alphadyne Asset Management LP | Added | $15.7m204.9k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $12.1m158.1k shares |
| JANE STREET GROUP, LLC | Reduced | $10.5m137.9k shares |
| Point72 Asset Management, L.P. | Added | $9.8m128.1k shares |
| Private Wealth Advisors, LLC | New | $9.2m120.8k shares |
| UBS Group AG | Reduced | $7.6m99.4k shares |
| Walleye Trading LLC | Added | $7.5m98.3k 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| STATE STREET CORP 13G · institution new · filed 2025-02-04 | 7.0% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 5.4% |
Fell to 5% or below in the last year: WELLINGTON MANAGEMENT GROUP LLP (3.6%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL 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 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 1 | $486.8k | 4 | $10.1m | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 2.45% of their portfolio | 46.8m $3.6bn | Unchanged |
| BlackRock, Inc. 0.05% of their portfolio | 44.6m $3.4bn | Added +1.8m |
| STATE STREET CORP 0.08% of their portfolio | 33.6m $2.6bn | Reduced -26.7k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 31.5m $2.4bn | Added +251.1k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.09% of their portfolio | 26.9m $2.1bn | Added +875.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.23% of their portfolio | 17.7m $1.4bn | Added +382.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.17% of their portfolio | 16.6m $1.3bn | Added +1.3m |
| Dodge & Cox 0.57% of their portfolio | 14.2m $1.1bn | Reduced -1.6m |
| GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 13.3m $1.0bn | Added +271.3k |
| NORTHERN TRUST CORP 0.10% of their portfolio | 11.5m $875.1m | Reduced -637.3k |
| MORGAN STANLEY 0.03% of their portfolio | 7.0m $537.2m | Reduced -614.6k |
| NORGES BANK 0.05% of their portfolio | 6.8m $521.1m | Not comparable |
| Invesco Ltd. 0.03% of their portfolio | 5.8m $440.8m | Reduced -338.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.21% of their portfolio | 4.8m $367.5m | Reduced -953.8k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 4.8m $366.3m | Added +1.2m |
| Capital Wealth Planning, LLC 1.58% of their portfolio | 4.2m $317.2m | New |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 3.9m $297.0m | Added +81.4k |
| FMR LLC 0.01% of their portfolio | 3.7m $280.7m | Added +1.1m |
| Pacer Advisors, Inc. 0.67% of their portfolio | 3.4m $258.6m | Reduced -468.2k |
| Bank of New York Mellon Corp 0.04% of their portfolio | 3.4m $257.4m | Reduced -63.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 2.9m $219.7m | Added +113.0k |
| VANGUARD FIDUCIARY TRUST CO 0.05% of their portfolio | 2.7m $206.7m | Added +1.8k |
| Legal & General Group Plc 0.04% of their portfolio | 2.6m $198.2m | Reduced -132.0k |
| ProShare Advisors LLC 0.26% of their portfolio | 2.4m $182.1m | Reduced -153.7k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.4m $180.1m | Reduced -76.5k |
| MONETA GROUP INVESTMENT ADVISORS LLC 1.32% of their portfolio | 2.3m $178.6m | Reduced -441.3k |
| DEUTSCHE BANK AG\ 0.05% of their portfolio | 2.3m $178.1m | Added +65.3k |
| UBS Group AG 0.03% of their portfolio | 2.2m $164.7m | Reduced -680.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.59% of their portfolio | 2.1m $164.2m | Reduced -172.9k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.0m $157.3m | Reduced -436.4k |
| Assenagon Asset Management S.A. 0.09% of their portfolio | 1.9m $144.3m | Added +1.8m |
| Amundi 0.03% of their portfolio | 1.8m $134.9m | Reduced -57.8k |
| Empower Advisory Group, LLC 0.31% of their portfolio | 1.7m $131.3m | Added +12.6k |
| Caisse de depot et placement du Quebec 0.18% of their portfolio | 1.7m $127.4m | Reduced -253.2k |
| LSV ASSET MANAGEMENT 0.23% of their portfolio | 1.7m $126.7m | Reduced -66.5k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.46% of their portfolio | 1.6m $124.4m | Added +1.6m |
| Nuveen, LLC 0.03% of their portfolio | 1.6m $122.2m | Added +161.4k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 1.5m $117.9m | Added +142.5k |
| Markel Group Inc. 0.88% of their portfolio | 1.5m $115.0m | Unchanged |
| Allianz Asset Management GmbH 0.12% of their portfolio | 1.5m $112.4m | Added +54.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.06% of their portfolio | 1.4m $107.6m | Added +251.2k |
| Swiss National Bank 0.05% of their portfolio | 1.4m $103.8m | Reduced -51.1k |
| Robeco Institutional Asset Management B.V. 0.12% of their portfolio | 1.3m $101.2m | Added +200.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.05% of their portfolio | 1.2m $94.7m | Added +88.2k |
| Russell Investments Group, Ltd. 0.08% of their portfolio | 1.2m $94.4m | Reduced -18.1k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 1.1m $86.5m | Reduced -317.0k |
| CITIGROUP INC 0.04% of their portfolio | 1.1m $84.8m | Added +356.9k |
| RHUMBLINE ADVISERS 0.06% of their portfolio | 1.1m $83.2m | Added +131.9k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.06% of their portfolio | 1.1m $83.1m | Added +116.4k |
| Vanguard Global Advisers, LLC 0.04% of their portfolio | 1.1m $82.3m | Reduced -16.1k |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 995.0k $76.1m | Added +103.0k |
| California Public Employees Retirement System 0.04% of their portfolio | 970.2k $74.1m | Reduced -55.3k |
| National Pension Service 0.05% of their portfolio | 955.1k $73.0m | Reduced -29.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio | 931.0k $71.1m | Added +91.4k |
| BROWN ADVISORY INC 0.10% of their portfolio | 870.4k $66.5m | Added +862.8k |
| Artemis Investment Management LLP 0.55% of their portfolio | 800.8k $61.2m | Added +36.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 795.0k $60.7m | Added +55.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.03% of their portfolio | 776.2k $59.3m | Added +193.6k |
| PGGM Investments 1.44% of their portfolio | 766.6k $58.6m | Reduced -63.6k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 762.9k $58.3m | Added +331.2k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 759.2k $58.0m | Reduced -153.3k |
| ACADIAN ASSET MANAGEMENT LLC 0.07% of their portfolio | 755.5k $57.7m | Added +254.7k |
| BARCLAYS PLC 0.02% of their portfolio | 735.0k $56.2m | Reduced -343.6k |
| VAN ECK ASSOCIATES CORP 0.03% of their portfolio | 722.2k $55.2m | Reduced -767.4k |
| Woodline Partners LP 0.17% of their portfolio | 717.9k $54.8m | Added +710.3k |
| NOMURA ASSET MANAGEMENT CO LTD 0.12% of their portfolio | 716.8k $54.8m | Reduced -19.9k |
| Vest Financial, LLC 0.56% of their portfolio | 695.4k $53.1m | Reduced -69.5k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.18% of their portfolio | 684.8k $52.3m | Reduced -154.8k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 668.0k $51.0m | Reduced -425.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 656.3k $50.1m | Reduced -24.2k |
| Altshuler Shaham Ltd 0.61% of their portfolio | 640.0k $48.9m | New |
| Munich Reinsurance Co Stock Corp in Munich 1.04% of their portfolio | 621.6k $47.5m | Reduced -21.2k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 568.5k $43.4m | Added +49.6k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 568.4k $41.3m | Reduced -37.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 560.0k $42.8m | Added +804 |
| Squarepoint Ops LLC 0.08% of their portfolio | 552.7k $42.2m | Added +540.0k |
| Mirae Asset Global Investments Co., Ltd. 0.08% of their portfolio | 532.7k $40.7m | Added +81.6k |
| AVIVA PLC 0.06% of their portfolio | 527.2k $40.3m | Added +1.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.03% of their portfolio | 514.6k $39.8m | Added +456.2k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 496.2k $37.8m | Reduced -287.6k |
| Ensign Peak Advisors, Inc 0.06% of their portfolio | 490.0k $37.4m | Added +65.7k |
| KLP KAPITALFORVALTNING AS 0.12% of their portfolio | 482.1k $36.8m | Added +12.1k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 481.6k $36.8m | Added +10.3k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 476.6k $36.4m | Reduced -92.2k |
| PRUDENTIAL FINANCIAL INC 0.04% of their portfolio | 476.3k $36.4m | Added +166.5k |
| Swedbank AB 0.03% of their portfolio | 464.6k $35.5m | Added +66.2k |
| Van Hulzen Asset Management, LLC 2.49% of their portfolio | 458.3k $35.0m | Reduced -70.7k |
| Gotham Asset Management, LLC 0.08% of their portfolio | 454.5k $34.7m | Reduced -12.7k |
| Eurizon Capital SGR S.p.A. 0.09% of their portfolio | 454.4k $34.7m | Reduced -51.1k |
| NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio | 440.3k $33.6m | Added +242.4k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.05% of their portfolio | 440.1k $33.6m | Added +128.9k |
| TODD ASSET MANAGEMENT LLC 0.59% of their portfolio | 435.3k $33.3m | New |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 432.3k $33.0m | Reduced -440.7k |
| LPL Financial LLC 0.01% of their portfolio | 430.1k $32.9m | Reduced -26.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.05% of their portfolio | 429.6k $32.8m | Reduced -250.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.05% of their portfolio | 429.0k $32.8m | Reduced -15.1k |
| Quantinno Capital Management LP 0.04% of their portfolio | 420.4k $32.1m | Added +255.9k |
| Baird Financial Group, Inc. 0.04% of their portfolio | 410.2k $31.3m | Added +85.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.06% of their portfolio | 408.4k $31.2m | Reduced -18.9k |
| CANADA LIFE ASSURANCE Co 0.05% of their portfolio | 403.9k $30.8m | Reduced -3.1k |