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 ($9.4m this quarter). Holder counts are more reliable. Shares outstanding: 298.1m as of 2025-12-03, 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 ≈ $27.90. Options: 21 managers hold calls ($101.0m notional), 20 hold puts ($139.2m).
Trends to Q4 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 |
| Q4 2025 | 616 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2025 | 268 | 367 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $84.2m | $72.5m | 0.86 |
| Q2 2025 | $110.1m | $161.2m | 1.46 |
| Q3 2025 | $126.0m | $148.2m | 1.18 |
| Q4 2025 | $101.0m | $139.2m | 1.38 |
Biggest buyers
| BRANDYWINE MANAGERS, LLC | New | +3.3m |
| DIMENSIONAL FUND ADVISORS LP | Added | +1.8m |
| Cerity Partners LLC | Added | +1.8m |
| Invesco Ltd. | Added | +1.7m |
| THOMPSON SIEGEL & WALMSLEY LLC | New | +1.3m |
| TWO SIGMA ADVISERS, LP | Added | +1.1m |
| AE Wealth Management LLC | Added | +778.4k |
| TWO SIGMA INVESTMENTS, LP | Added | +697.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +677.0k |
| MARSHALL WACE, LLP | Added | +581.6k |
Biggest sellers
| BRANDYWINE TRUST CO | Reduced | -2.9m |
| JPMORGAN CHASE & CO | Reduced | -2.7m |
| Squarepoint Ops LLC | Reduced | -2.3m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -2.1m |
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -1.8m |
| JANE STREET GROUP, LLC | Sold out | -1.4m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.3m |
| MORGAN STANLEY | Reduced | -1.3m |
| HRT FINANCIAL LP | Sold out | -1.3m |
| UBS Group AG | Reduced | -1.3m |
Biggest calls
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $14.0m501.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $13.9m498.3k shares |
| IMC-Chicago, LLC | Added | $11.6m414.7k shares |
| Walleye Capital LLC | Added | $9.3m334.4k shares |
| CITADEL ADVISORS LLC | Added | $8.3m298.4k shares |
| Squarepoint Ops LLC | Reduced | $7.3m260.7k shares |
| JANE STREET GROUP, LLC | Reduced | $5.8m206.6k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $5.4m194.7k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $4.6m163.3k shares |
| GROUP ONE TRADING LLC | Added | $4.1m145.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $33.1m1.2m shares |
| CITADEL ADVISORS LLC | Reduced | $25.9m928.8k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $19.1m684.2k shares |
| IMC-Chicago, LLC | Added | $11.6m417.6k shares |
| D. E. Shaw & Co., Inc. | Added | $8.8m314.2k shares |
| JANE STREET GROUP, LLC | Reduced | $5.8m208.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $5.4m193.9k shares |
| Twin Tree Management, LP | Reduced | $5.3m190.6k shares |
| Walleye Capital LLC | Added | $5.1m181.3k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $4.6m164.7k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q4 2025 | 0 | — | 1 | $325.1k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-30 | Brawley Charles A. III EVP, Gen Counsel, and Corp Sec | Sold | $325.1k11.6k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 24.9m $694.1m | Reduced -564.6k |
| VANGUARD GROUP INC 0.01% of their portfolio | 23.5m $655.4m | Reduced -130.0k |
| STATE STREET CORP 0.01% of their portfolio | 11.0m $307.6m | Reduced -77.3k |
| Invesco Ltd. 0.03% of their portfolio | 9.7m $270.9m | Added +1.7m |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 8.3m $231.5m | Added +1.8m |
| Beutel, Goodman & Co Ltd. 1.07% of their portfolio | 6.3m $174.7m | Reduced -474.1k |
| TWO SIGMA INVESTMENTS, LP 0.23% of their portfolio | 5.6m $157.0m | Added +697.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 5.5m $153.5m | Reduced -104.3k |
| TWO SIGMA ADVISERS, LP 0.29% of their portfolio | 5.4m $150.6m | Added +1.1m |
| MORGAN STANLEY 0.01% of their portfolio | 4.6m $126.8m | Reduced -1.3m |
| LSV ASSET MANAGEMENT 0.23% of their portfolio | 3.8m $105.2m | Reduced -71.3k |
| BRANDYWINE MANAGERS, LLC 45.88% of their portfolio | 3.3m $92.8m | New |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 3.1m $85.1m | Added +677.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 3.0m $85.0m | Added +93.9k |
| Cerity Partners LLC 0.11% of their portfolio | 2.7m $74.7m | Added +1.8m |
| UBS Group AG 0.01% of their portfolio | 2.5m $69.1m | Reduced -1.3m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 2.4m $65.9m | Reduced -104.0k |
| Ensign Peak Advisors, Inc 0.11% of their portfolio | 2.2m $60.0m | Reduced -142.9k |
| FIRST TRUST ADVISORS LP 0.04% of their portfolio | 2.1m $58.2m | Added +280.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.0m $55.3m | Added +28.1k |
| BRANDYWINE TRUST CO 9.55% of their portfolio | 2.0m $54.5m | Reduced -2.9m |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 1.9m $51.7m | Reduced -287.7k |
| MARSHALL WACE, LLP 0.05% of their portfolio | 1.9m $51.6m | Added +581.6k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.6m $45.2m | Reduced -19.8k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 1.6m $44.1m | Reduced -894.4k |
| Squarepoint Ops LLC 0.08% of their portfolio | 1.4m $38.7m | Reduced -2.3m |
| THOMPSON SIEGEL & WALMSLEY LLC 0.62% of their portfolio | 1.3m $37.0m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.2m $34.1m | Reduced -1.3m |
| Quantinno Capital Management LP 0.07% of their portfolio | 1.2m $33.1m | Added +311.9k |
| FMR LLC 0.00% of their portfolio | 1.2m $32.8m | Reduced -294.0k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 1.1m $31.4m | Added +58.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.08% of their portfolio | 1.1m $30.5m | Added +528.7k |
| NORGES BANK 0.00% of their portfolio | 966.5k $26.9m | Not comparable |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 885.9k $24.7m | Added +486.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 851.6k $23.7m | Added +81.8k |
| AE Wealth Management LLC 0.13% of their portfolio | 807.3k $22.5m | Added +778.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 802.4k $22.4m | Reduced -245.3k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 723.9k $20.2m | Added +128.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 667.3k $18.6m | Added +301.1k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 667.2k $18.6m | Reduced -123.2k |
| GAMCO INVESTORS, INC. ET AL 0.17% of their portfolio | 643.4k $17.9m | Reduced -85.9k |
| Holocene Advisors, LP 0.04% of their portfolio | 626.6k $17.5m | Added +408.0k |
| Man Group plc 0.03% of their portfolio | 615.8k $17.2m | Reduced -209.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 601.5k $16.8m | Added +2.0k |
| California Public Employees Retirement System 0.01% of their portfolio | 505.8k $14.1m | Reduced -102.2k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 500.5k $14.0m | Added +256.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 471.4k $13.1m | Reduced -11.6k |
| Amundi 0.00% of their portfolio | 463.1k $12.9m | Added +46.5k |
| Legal & General Group Plc 0.00% of their portfolio | 461.9k $12.9m | Reduced -1.0k |
| GABELLI FUNDS LLC 0.09% of their portfolio | 456.5k $12.7m | Reduced -203.4k |
| Nuveen, LLC 0.00% of their portfolio | 439.8k $12.3m | Reduced -532.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 426.9k $11.9m | Reduced -2.7m |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 410.3k $11.4m | Reduced -152.0k |
| Gotham Asset Management, LLC 0.04% of their portfolio | 399.2k $11.1m | Reduced -126.8k |
| Swiss National Bank 0.01% of their portfolio | 381.6k $10.6m | Added +6.1k |
| TD Asset Management Inc 0.01% of their portfolio | 361.4k $10.1m | Reduced -60.9k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 318.3k $8.9m | Added +34.0k |
| Mizuho Markets Cayman LP 0.44% of their portfolio | 311.8k $8.7m | New |
| BARCLAYS PLC 0.00% of their portfolio | 308.7k $8.6m | Reduced -547.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 280.5k $7.8m | Reduced -5 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 270.8k $7.5m | Reduced -17.6k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 237.9k $6.6m | Added +145.4k |
| DekaBank Deutsche Girozentrale 0.02% of their portfolio | 237.6k $11.7m | Unchanged |
| Lifeworks Advisors, LLC 0.85% of their portfolio | 236.3k $6.6m | Added +19.4k |
| LPL Financial LLC 0.00% of their portfolio | 236.0k $6.6m | Added +76.8k |
| CITIGROUP INC 0.00% of their portfolio | 233.0k $6.5m | Reduced -7.1k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.43% of their portfolio | 230.3k $6.4m | Added +78.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 223.6k $6.2m | Reduced -2.1m |
| Fluent Financial, LLC 2.35% of their portfolio | 221.5k $6.2m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 218.6k $6.1m | Reduced -257.8k |
| MAC Alpha Capital Management, LP 3.33% of their portfolio | 217.1k $6.1m | First filing |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 216.9k $6.0m | Added +5.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 205.7k $5.7m | Reduced -1.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 199.7k $5.6m | Reduced -200.8k |
| Aquatic Capital Management LLC 0.16% of their portfolio | 198.2k $5.5m | Reduced -553.5k |
| KBC Group NV 0.01% of their portfolio | 194.6k $5.4m | Reduced -2.8k |
| Employees Provident Fund Board 0.04% of their portfolio | 190.5k $5.3m | Reduced -46.5k |
| Morningstar Investment Management LLC 0.31% of their portfolio | 188.3k $5.2m | Reduced -63.8k |
| SummitTX Capital, L.P. 0.16% of their portfolio | 185.3k $5.2m | Added +94.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 183.8k $5.1m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 183.1k $5.1m | Reduced -173 |
| LBP AM SA 0.06% of their portfolio | 180.9k $5.0m | Added +11.6k |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 174.4k $4.9m | Reduced -237.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 174.0k $4.8m | Reduced -13 |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 172.9k $4.8m | Reduced -15.6k |
| Susquehanna Portfolio Strategies, LLC 0.07% of their portfolio | 160.5k $4.5m | New |
| Quinn Opportunity Partners LLC 0.19% of their portfolio | 156.9k $4.4m | Added +73.8k |
| Monte Financial Group, LLC 1.59% of their portfolio | 153.0k $4.3m | Reduced -25.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 148.9k $4.2m | Reduced -12.6k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 147.6k $4.1m | Reduced -48.5k |
| Eliot Finkel Investment Counsel, LLC 2.44% of their portfolio | 142.8k $4.0m | Reduced -23.0k |
| Hillman Capital Management, Inc. 2.47% of their portfolio | 140.7k $3.9m | Reduced -32.4k |
| RBF Capital, LLC 0.09% of their portfolio | 140.0k $3.9m | Added +70.0k |
| RK Asset Management, LLC 3.67% of their portfolio | 139.5k $3.9m | Added +260 |
| Campbell & CO Investment Adviser LLC 0.18% of their portfolio | 137.7k $3.8m | New |
| Waldron Private Wealth LLC 0.14% of their portfolio | 130.4k $3.6m | Added +39 |
| SEI INVESTMENTS CO 0.00% of their portfolio | 128.9k $3.6m | Reduced -15.9k |
| Value Partners Investments Inc. 0.25% of their portfolio | 117.0k $3.3m | Unchanged |
| BRANDES INVESTMENT PARTNERS, LP 0.02% of their portfolio | 113.0k $3.1m | Added +53.8k |
| DIVERSIFIED TRUST CO 0.06% of their portfolio | 112.4k $3.1m | Added +1.9k |