CAMPBELL SOUP CO CPB
COM · Common Stock · CUSIP 134429109 · ISIN US1344291091
American food manufacturer
- SectorConsumer staples
- IndustryFood and Kindred Products
- HeadquartersCamden, NJ
- Founded1869
- Websitecampbells.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 ($39.7m this quarter). Holder counts are more reliable. Shares outstanding: 298.0m as of 2025-09-10, 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 ≈ $31.58. Options: 18 managers hold calls ($126.0m notional), 22 hold puts ($148.2m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 590 |
| Q4 2022 | 628 |
| Q1 2023 | 635 |
| Q2 2023 | 597 |
| Q3 2023 | 593 |
| Q4 2023 | 626 |
| Q1 2024 | 632 |
| Q2 2024 | 637 |
| Q3 2024 | 652 |
| Q4 2024 | 631 |
| Q1 2025 | 637 |
| Q2 2025 | 644 |
| Q3 2025 | 646 |
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 2023 | 286 | 284 |
| Q1 2024 | 265 | 303 |
| Q2 2024 | 287 | 282 |
| Q3 2024 | 297 | 283 |
| Q4 2024 | 284 | 321 |
| Q1 2025 | 283 | 306 |
| Q2 2025 | 374 | 265 |
| Q3 2025 | 352 | 311 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $61.3m | $105.4m | 1.72 |
| Q1 2025 | $84.2m | $72.5m | 0.86 |
| Q2 2025 | $110.1m | $161.2m | 1.46 |
| Q3 2025 | $126.0m | $148.2m | 1.18 |
Biggest buyers
| TWO SIGMA INVESTMENTS, LP | Added | +4.2m |
| TWO SIGMA ADVISERS, LP | Added | +2.8m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | New | +2.5m |
| Invesco Ltd. | Added | +2.4m |
| UBS Group AG | Added | +2.4m |
| JPMORGAN CHASE & CO | Added | +2.1m |
| Squarepoint Ops LLC | Added | +1.8m |
| CITADEL ADVISORS LLC | Added | +1.8m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +1.8m |
| BlackRock, Inc. | Added | +1.5m |
Biggest sellers
| VAN ECK ASSOCIATES CORP | Reduced | -4.1m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -1.5m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.4m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -1.2m |
| Cubist Systematic Strategies, LLC | Sold out | -1.1m |
| Qube Research & Technologies Ltd | Reduced | -1.1m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -1.1m |
| TUDOR INVESTMENT CORP ET AL | Sold out | -1.0m |
| Beutel, Goodman & Co Ltd. | Reduced | -884.4k |
| STATE STREET CORP | Reduced | -846.9k |
Biggest calls
| CAPITAL FUND MANAGEMENT S.A. | Added | $20.7m654.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $19.2m607.6k shares |
| Squarepoint Ops LLC | Added | $14.8m468.7k shares |
| JANE STREET GROUP, LLC | Added | $9.6m305.2k shares |
| Parallax Volatility Advisers, L.P. | Unchanged | $8.4m264.8k shares |
| Walleye Capital LLC | Reduced | $7.5m239.0k shares |
| IMC-Chicago, LLC | Added | $7.5m236.9k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $7.2m227.7k shares |
| D. E. Shaw & Co., Inc. | New | $6.0m189.5k shares |
| CITADEL ADVISORS LLC | Reduced | $5.4m172.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $35.2m1.1m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $31.5m996.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $17.2m545.4k shares |
| Twin Tree Management, LP | Added | $9.6m302.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $7.9m250.5k shares |
| JANE STREET GROUP, LLC | Added | $7.8m247.3k shares |
| IMC-Chicago, LLC | Added | $7.1m226.2k shares |
| D. E. Shaw & Co., Inc. | Added | $5.6m177.9k shares |
| GROUP ONE TRADING LLC | Added | $4.5m142.1k shares |
| Walleye Capital LLC | Added | $4.5m141.8k 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 |
|---|---|
| Amendment & Restatement of Agreement of Trust of Mary Alice 13G · passive investor +5.8 pts · filed 2026-05-21 | 10.2% |
| BlackRock, Inc. 13G · institution +3.8 pts · filed 2026-07-27 | 9.1% |
| CONTANGO LIMITED, LP 13G · passive investor new · filed 2026-01-20 | 6.2% |
| CONSUL FL LLC 13G · passive investor new · filed 2026-01-20 | 5.8% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q3 2025
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 2023 | 0 | — | 1 | $132.9k | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 1 | $10.9k | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 2 | $837.2k | — |
| Q1 2025 | 0 | — | 2 | $183.8k | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
None reported in Q3 2025.
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 25.5m $804.3m | Added +1.5m |
| VANGUARD GROUP INC 0.01% of their portfolio | 23.6m $746.7m | Reduced -528.9k |
| STATE STREET CORP 0.01% of their portfolio | 11.1m $351.0m | Reduced -846.9k |
| Invesco Ltd. 0.04% of their portfolio | 8.0m $252.5m | Added +2.4m |
| Beutel, Goodman & Co Ltd. 1.28% of their portfolio | 6.7m $212.9m | Reduced -884.4k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 6.5m $206.7m | Added +928.8k |
| MORGAN STANLEY 0.01% of their portfolio | 5.9m $184.8m | Added +1.5m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 5.6m $177.2m | Added +43.8k |
| TWO SIGMA INVESTMENTS, LP 0.24% of their portfolio | 4.9m $155.9m | Added +4.2m |
| BRANDYWINE TRUST CO 23.39% of their portfolio | 4.9m $153.7m | Reduced -2 |
| TWO SIGMA ADVISERS, LP 0.27% of their portfolio | 4.3m $134.8m | Added +2.8m |
| LSV ASSET MANAGEMENT 0.27% of their portfolio | 3.8m $121.5m | Reduced -93.7k |
| UBS Group AG 0.02% of their portfolio | 3.7m $117.8m | Added +2.4m |
| Squarepoint Ops LLC 0.25% of their portfolio | 3.7m $117.2m | Added +1.8m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 3.1m $97.8m | Added +2.1m |
| Bank of New York Mellon Corp 0.02% of their portfolio | 3.0m $93.3m | Reduced -287.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.5m $79.9m | Added +1.1m |
| CITADEL ADVISORS LLC 0.06% of their portfolio | 2.5m $78.2m | Added +1.8m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 2.5m $77.9m | New |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 2.4m $75.1m | Added +1.8m |
| MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio | 2.4m $74.8m | Reduced -1.4m |
| Ensign Peak Advisors, Inc 0.12% of their portfolio | 2.3m $72.5m | Reduced -134.7k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 2.1m $67.7m | Reduced -551.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.0m $61.8m | Added +75.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio | 1.8m $57.9m | Reduced -1.1m |
| FIRST TRUST ADVISORS LP 0.04% of their portfolio | 1.8m $57.1m | Reduced -83.5k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.6m $51.8m | Reduced -260.0k |
| FMR LLC 0.00% of their portfolio | 1.5m $46.4m | Added +57.5k |
| JANE STREET GROUP, LLC 0.05% of their portfolio | 1.4m $45.2m | Added +1.3m |
| HRT FINANCIAL LP 0.19% of their portfolio | 1.3m $40.9m | Added +402.6k |
| MARSHALL WACE, LLP 0.04% of their portfolio | 1.3m $40.1m | New |
| Jump Financial, LLC 0.50% of their portfolio | 1.2m $39.3m | Added +328.1k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 1.1m $33.7m | Added +70.2k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 1.0m $33.1m | Reduced -551.7k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.14% of their portfolio | 1.0m $32.0m | Reduced -73.4k |
| Nuveen, LLC 0.01% of their portfolio | 972.5k $30.7m | Reduced -75.3k |
| Cerity Partners LLC 0.05% of their portfolio | 923.6k $29.2m | Added +30.8k |
| Quantinno Capital Management LP 0.08% of their portfolio | 876.0k $27.7m | Added +443.4k |
| BARCLAYS PLC 0.01% of their portfolio | 856.3k $27.0m | Added +28.3k |
| Man Group plc 0.05% of their portfolio | 825.5k $26.1m | Reduced -86.0k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 790.3k $25.0m | Added +205.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 769.8k $24.3m | Added +151.0k |
| Aquatic Capital Management LLC 0.44% of their portfolio | 751.7k $23.7m | First filing |
| GAMCO INVESTORS, INC. ET AL 0.22% of their portfolio | 729.2k $23.0m | Reduced -332.4k |
| GABELLI FUNDS LLC 0.14% of their portfolio | 659.9k $20.8m | Reduced -117.3k |
| California Public Employees Retirement System 0.01% of their portfolio | 608.0k $19.2m | Reduced -56.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 599.5k $18.9m | Reduced -1.5m |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 595.0k $18.7m | Added +352.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio | 590.8k $18.7m | Reduced -1.2m |
| Connor, Clark & Lunn Investment Management Ltd. 0.06% of their portfolio | 564.3k $17.8m | Added +502.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 562.3k $17.8m | Added +7.2k |
| Gotham Asset Management, LLC 0.07% of their portfolio | 526.0k $16.6m | Added +142.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 483.1k $15.3m | Reduced -38.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 476.4k $15.0m | Reduced -30.0k |
| Legal & General Group Plc 0.00% of their portfolio | 462.9k $14.6m | Reduced -540.8k |
| TD Asset Management Inc 0.01% of their portfolio | 422.4k $13.3m | Reduced -458.9k |
| Amundi 0.00% of their portfolio | 416.7k $13.0m | Reduced -602.2k |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 411.4k $13.0m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 400.5k $12.6m | Added +183.3k |
| Raiffeisen Bank International AG 0.16% of their portfolio | 399.9k $12.3m | Reduced -437.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 399.7k $12.6m | Reduced -253.2k |
| Swiss National Bank 0.01% of their portfolio | 375.5k $11.9m | Reduced -208.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 366.3k $11.6m | Reduced -322.4k |
| ExodusPoint Capital Management, LP 0.15% of their portfolio | 331.4k $10.5m | New |
| Schonfeld Strategic Advisors LLC 0.06% of their portfolio | 292.8k $9.2m | Reduced -36.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 288.4k $9.1m | Added +159.3k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 284.3k $9.0m | Reduced -4.1m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 280.5k $8.9m | Added +58 |
| Morningstar Investment Management LLC 0.29% of their portfolio | 252.1k $8.0m | New |
| ICICI Prudential Asset Management Co Ltd 0.83% of their portfolio | 249.0k $7.9m | Unchanged |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 244.5k $7.7m | Reduced -205.0k |
| CITIGROUP INC 0.01% of their portfolio | 240.1k $7.6m | Reduced -18.7k |
| DekaBank Deutsche Girozentrale 0.01% of their portfolio | 237.6k $7.4m | Unchanged |
| Employees Provident Fund Board 0.06% of their portfolio | 237.0k $7.5m | Unchanged |
| Jain Global LLC 0.10% of their portfolio | 232.2k $7.3m | Reduced -12.9k |
| Holocene Advisors, LP 0.02% of their portfolio | 218.6k $6.9m | Added +92.1k |
| Lifeworks Advisors, LLC 0.92% of their portfolio | 216.9k $6.9m | Reduced -8.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 211.8k $6.7m | Reduced -41.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 206.7k $6.5m | Reduced -153.6k |
| Quantbot Technologies LP 0.17% of their portfolio | 200.5k $6.3m | Added +116.6k |
| KBC Group NV 0.01% of their portfolio | 197.5k $6.2m | Reduced -5.4k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 196.1k $6.2m | Reduced -426.7k |
| Trexquant Investment LP 0.06% of their portfolio | 188.5k $6.0m | New |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 188.5k $6.0m | Added +12.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 183.8k $5.8m | Reduced -8.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 183.8k $5.8m | Added +93.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 183.3k $5.8m | Reduced -43.2k |
| Monte Financial Group, LLC 2.08% of their portfolio | 178.7k $5.6m | Added +27.1k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 174.0k $5.5m | Reduced -46 |
| Hillman Capital Management, Inc. 3.18% of their portfolio | 173.0k $5.5m | Added +78.8k |
| LBP AM SA 0.07% of their portfolio | 169.3k $5.3m | Added +4.1k |
| HUSSMAN STRATEGIC ADVISORS, INC. 1.15% of their portfolio | 168.0k $5.3m | Reduced -21.0k |
| Eliot Finkel Investment Counsel, LLC 3.15% of their portfolio | 165.9k $5.2m | Added +280 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 161.5k $5.1m | Reduced -9.3k |
| LPL Financial LLC 0.00% of their portfolio | 159.1k $5.0m | Added +51.6k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.30% of their portfolio | 152.2k $4.8m | Added +117.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 151.2k $4.8m | Reduced -53.6k |
| Creative Planning 0.00% of their portfolio | 151.1k $4.8m | Added +63.5k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 144.8k $4.6m | Added +10.5k |
| RK Asset Management, LLC 4.00% of their portfolio | 139.2k $4.4m | Added +490 |