CF INDS HLDGS INC CF
COM · Common Stock · CUSIP 125269100 · ISIN US1252691001
North American manufacturer and distributor of agricultural fertilizers
- SectorMaterials
- IndustryAgricultural Chemicals
- HeadquartersNorthbrook, IL
- Founded1946
- Websitecfindustries.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 ($80.9m this quarter). Holder counts are more reliable. Shares outstanding: 180.4m as of 2024-08-05, 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 ≈ $74.13. Options: 32 managers hold calls ($249.1m notional), 31 hold puts ($486.3m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 765 |
| Q4 2022 | 788 |
| Q1 2023 | 715 |
| Q2 2023 | 697 |
| Q3 2023 | 704 |
| Q4 2023 | 735 |
| Q1 2024 | 742 |
| Q2 2024 | 698 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 374 | 395 |
| Q1 2023 | 333 | 443 |
| Q2 2023 | 315 | 372 |
| Q3 2023 | 323 | 356 |
| Q4 2023 | 326 | 354 |
| Q1 2024 | 345 | 358 |
| Q2 2024 | 287 | 404 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $286.9m | $298.2m | 1.04 |
| Q4 2023 | $496.2m | $333.3m | 0.67 |
| Q1 2024 | $648.2m | $328.1m | 0.51 |
| Q2 2024 | $249.1m | $486.3m | 1.95 |
Biggest buyers
| VICTORY CAPITAL MANAGEMENT INC | Added | +2.9m |
| FMR LLC | Added | +1.8m |
| AMERIPRISE FINANCIAL INC | Added | +916.0k |
| FIRST TRUST ADVISORS LP | Added | +820.9k |
| EMINENCE CAPITAL, LP | Added | +652.9k |
| KBC Group NV | Added | +507.5k |
| MENORA MIVTACHIM HOLDINGS LTD. | Added | +501.5k |
| Ilex Capital Partners (UK) LLP | New | +433.6k |
| JANE STREET GROUP, LLC | Added | +429.6k |
| MILLENNIUM MANAGEMENT LLC | Added | +321.6k |
Biggest sellers
| MORGAN STANLEY | Reduced | -5.0m |
| BlackRock Inc. | Reduced | -2.5m |
| Bank of New York Mellon Corp | Reduced | -2.4m |
| Capital World Investors | Reduced | -2.0m |
| VANGUARD GROUP INC | Reduced | -1.1m |
| Caisse de depot et placement du Quebec | Reduced | -657.8k |
| CITADEL ADVISORS LLC | Reduced | -507.5k |
| HSBC HOLDINGS PLC | Reduced | -503.2k |
| VAN ECK ASSOCIATES CORP | Reduced | -470.6k |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -405.7k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $44.2m596.2k shares |
| JPMORGAN CHASE & CO | Reduced | $35.6m480.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $27.3m367.8k shares |
| CITIGROUP INC | Added | $26.9m363.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $15.9m214.4k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $11.5m155.4k shares |
| IMC-Chicago, LLC | Added | $11.1m150.1k shares |
| BANK OF AMERICA CORP /DE/ | Added | $10.6m142.7k shares |
| Point72 Asset Management, L.P. | Added | $8.0m107.6k shares |
| WOLVERINE TRADING, LLC | Added | $7.2m97.1k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $83.4m1.1m shares |
| Parallax Volatility Advisers, L.P. | Added | $60.7m818.4k shares |
| JPMORGAN CHASE & CO | Added | $52.9m714.2k shares |
| CITIGROUP INC | Added | $43.9m592.9k shares |
| CITADEL ADVISORS LLC | Added | $43.7m589.4k shares |
| JANE STREET GROUP, LLC | Added | $41.2m556.5k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $21.8m293.8k shares |
| Walleye Trading LLC | Added | $21.1m284.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $18.2m245.0k shares |
| IMC-Chicago, LLC | Added | $15.4m208.1k 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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-24 | 7.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.4% |
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution +0.7 pts · filed 2026-08-14 | 5.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.0% |
| STATE STREET CORP 13G · institution new · filed 2026-02-09 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
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 |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 4 | $18.4m | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 2 | $2.0m | — |
| Q3 2023 | 0 | — | 2 | $1.2m | — |
| Q4 2023 | 0 | — | 1 | $400.5k | — |
| Q1 2024 | 0 | — | 2 | $1.4m | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 21.6m $1.6bn | Reduced -1.1m |
| BlackRock Inc. 0.03% of their portfolio | 15.9m $1.2bn | Reduced -2.5m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.12% of their portfolio | 13.3m $986.4m | Reduced -182.2k |
| STATE STREET CORP 0.03% of their portfolio | 9.0m $664.8m | Reduced -333.0k |
| FMR LLC 0.04% of their portfolio | 8.0m $592.0m | Added +1.8m |
| Invesco Ltd. 0.09% of their portfolio | 5.8m $428.5m | Reduced -317.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.08% of their portfolio | 5.5m $411.0m | Added +50.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 4.6m $342.4m | Reduced -405.7k |
| FIRST TRUST ADVISORS LP 0.32% of their portfolio | 4.3m $318.2m | Added +820.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.27% of their portfolio | 3.6m $269.7m | Added +2.9m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.07% of their portfolio | 3.5m $259.9m | Reduced -89.1k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 3.1m $232.5m | Reduced -267.1k |
| Boston Partners 0.28% of their portfolio | 3.0m $225.6m | Reduced -19.1k |
| Bank of New York Mellon Corp 0.04% of their portfolio | 3.0m $223.5m | Reduced -2.4m |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 2.9m $212.8m | Added +198.2k |
| EMINENCE CAPITAL, LP 2.92% of their portfolio | 2.4m $180.9m | Added +652.9k |
| AMERIPRISE FINANCIAL INC 0.05% of their portfolio | 2.4m $179.3m | Added +916.0k |
| NORGES BANK 0.03% of their portfolio | 2.3m $172.9m | Reduced -154.7k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 2.3m $169.7m | Reduced -22.1k |
| MENORA MIVTACHIM HOLDINGS LTD. 1.15% of their portfolio | 2.3m $169.5m | Added +501.5k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.2m $165.7m | Reduced -70.9k |
| EARNEST PARTNERS LLC 0.76% of their portfolio | 2.2m $162.6m | Added +59.7k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.40% of their portfolio | 2.0m $151.4m | Reduced -102.8k |
| MORGAN STANLEY 0.01% of their portfolio | 1.9m $144.2m | Reduced -5.0m |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 1.8m $131.0m | Added +166.1k |
| Capital World Investors 0.02% of their portfolio | 1.5m $113.8m | Reduced -2.0m |
| SEI INVESTMENTS CO 0.15% of their portfolio | 1.4m $105.4m | Added +68.8k |
| Thrivent Financial for Lutherans 0.18% of their portfolio | 1.2m $87.5m | Reduced -13.3k |
| AustralianSuper Pty Ltd 0.46% of their portfolio | 1.1m $79.2m | Added +2.6k |
| Amundi 0.03% of their portfolio | 1.0m $72.7m | Reduced -327.6k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 976.0k $72.3m | Reduced -223.8k |
| Sound Shore Management Inc /CT/ 2.19% of their portfolio | 888.2k $65.8m | Added +103.1k |
| Legal & General Group Plc 0.02% of their portfolio | 877.0k $65.0m | Reduced -98.8k |
| JANE STREET GROUP, LLC 0.06% of their portfolio | 711.9k $52.8m | Added +429.6k |
| KBC Group NV 0.14% of their portfolio | 635.1k $47.1m | Added +507.5k |
| Allspring Global Investments Holdings, LLC 0.08% of their portfolio | 632.9k $46.9m | Added +52.4k |
| Allianz Asset Management GmbH 0.07% of their portfolio | 588.1k $43.6m | Added +166.5k |
| Swiss National Bank 0.03% of their portfolio | 555.8k $41.2m | Reduced -16.4k |
| UBS Group AG 0.01% of their portfolio | 547.4k $40.6m | Added +11.9k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 530.9k $39.4m | Reduced -75.5k |
| Caisse de depot et placement du Quebec 0.09% of their portfolio | 498.5k $36.9m | Reduced -657.8k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 456.6k $33.8m | Added +24.5k |
| AVIVA PLC 0.09% of their portfolio | 456.4k $33.8m | Added +95.7k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 452.9k $33.6m | Reduced -82.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 446.0k $33.1m | Reduced -23.6k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 442.9k $32.8m | Reduced -35.2k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 438.2k $32.5m | Reduced -503.2k |
| VOYA INVESTMENT MANAGEMENT LLC 0.03% of their portfolio | 436.7k $32.4m | Reduced -153.6k |
| Powszechne Towarzystwo Emerytalne Allianz Polska S.A. 21.30% of their portfolio | 436.6k $32.4m | Added +87.0k |
| BARCLAYS PLC 0.01% of their portfolio | 436.5k $32.4m | Reduced -21.6k |
| Ilex Capital Partners (UK) LLP 3.29% of their portfolio | 433.6k $32.1m | New |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 428.0k $31.7m | Added +183.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 421.4k $31.2m | Reduced -376.8k |
| LSV ASSET MANAGEMENT 0.07% of their portfolio | 408.7k $30.3m | Added +248.0k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 386.8k $28.7m | Reduced -49.6k |
| CITIGROUP INC 0.03% of their portfolio | 374.1k $27.7m | Added +125.5k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 360.6k $26.7m | Added +321.6k |
| VAN ECK ASSOCIATES CORP 0.04% of their portfolio | 357.4k $26.5m | Reduced -470.6k |
| Squarepoint Ops LLC 0.10% of their portfolio | 355.6k $26.4m | Reduced -50.3k |
| STOREBRAND ASSET MANAGEMENT AS 0.09% of their portfolio | 349.6k $25.9m | Reduced -25.2k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 338.5k $25.6m | Added +32.6k |
| CANADA LIFE ASSURANCE Co 0.05% of their portfolio | 334.8k $24.8m | Added +3.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 329.5k $24.4m | Added +83.2k |
| California Public Employees Retirement System 0.02% of their portfolio | 327.4k $24.3m | Reduced -23.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 318.8k $23.6m | Added +59.7k |
| Vest Financial, LLC 0.55% of their portfolio | 311.8k $23.1m | Added +91.7k |
| Mitsubishi UFJ Trust & Banking Corp 0.05% of their portfolio | 299.0k $22.2m | Reduced -60.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 286.5k $21.2m | Reduced -37.7k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 283.1k $21.0m | Reduced -398.4k |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 282.6k $20.9m | Added +11.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 280.6k $20.8m | Added +21.8k |
| Skandinaviska Enskilda Banken AB (publ) 0.10% of their portfolio | 279.7k $20.7m | Reduced -263.7k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 276.3k $20.5m | Added +37.0k |
| Applied Finance Capital Management, LLC 0.93% of their portfolio | 270.9k $20.1m | Added +88.0k |
| Brandywine Global Investment Management, LLC 0.15% of their portfolio | 265.7k $19.7m | Added +102.6k |
| Swedbank AB 0.03% of their portfolio | 261.4k $19.4m | Added +23.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 252.1k $18.7m | Added +11.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 248.4k $18.4m | Reduced -8.8k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 235.5k $17.5m | Added +23.4k |
| Pictet Asset Management Holding SA 0.02% of their portfolio | 234.7k $17.4m | Reduced -32.5k |
| MBB PUBLIC MARKETS I LLC 0.35% of their portfolio | 226.6k $16.8m | Reduced -84.9k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 224.4k $16.6m | Reduced -358.2k |
| NATIXIS ADVISORS, LLC 0.04% of their portfolio | 222.5k $16.5m | Added +19.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 216.7k $16.1m | Added +36.1k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 216.6k $16.1m | Reduced -200.8k |
| TD Asset Management Inc 0.01% of their portfolio | 213.9k $15.9m | Reduced -42.4k |
| FEDERATED HERMES, INC. 0.04% of their portfolio | 209.0k $15.5m | Reduced -157.1k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.16% of their portfolio | 204.0k $15.1m | Added +74.4k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 202.7k $15.0m | Reduced -147.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 201.4k $14.9m | Reduced -21.0k |
| CREDIT AGRICOLE S A 0.09% of their portfolio | 198.9k $14.7m | Added +187.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 194.9k $14.4m | Reduced -37.2k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.13% of their portfolio | 189.2k $14.0m | Reduced -42.9k |
| Private Capital Advisors, Inc. 1.53% of their portfolio | 185.9k $13.8m | Reduced -25.4k |
| NewEdge Wealth, LLC 0.29% of their portfolio | 183.4k $13.6m | Added +9.4k |
| MOORE CAPITAL MANAGEMENT, LP 0.29% of their portfolio | 180.2k $13.4m | New |
| SPROTT INC. 0.99% of their portfolio | 179.8k $13.3m | Added +14.3k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio | 175.3k $13.0m | Reduced -12.1k |
| HRT FINANCIAL LP 0.07% of their portfolio | 166.5k $12.3m | Added +158.5k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 163.8k $12.1m | Reduced -507.5k |