CONAGRA BRANDS INC CAG
COM · Common Stock · CUSIP 205887102 · ISIN US2058871029
- SectorConsumer staples
- IndustryFood and Kindred Products
- HeadquartersChicago, IL
- Founded1919
- Websiteconagrabrands.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 ($33.9m this quarter). Holder counts are more reliable. Shares outstanding: 477.3m as of 2024-11-24, 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 ≈ $27.74. Options: 21 managers hold calls ($71.1m notional), 19 hold puts ($63.1m).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 803 |
| Q4 2022 | 878 |
| Q1 2023 | 893 |
| Q2 2023 | 868 |
| Q3 2023 | 813 |
| Q4 2023 | 854 |
| Q1 2024 | 849 |
| Q2 2024 | 873 |
| Q3 2024 | 874 |
| Q4 2024 | 851 |
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 2023 | 435 | 368 |
| Q2 2023 | 394 | 409 |
| Q3 2023 | 360 | 438 |
| Q4 2023 | 351 | 421 |
| Q1 2024 | 394 | 380 |
| Q2 2024 | 438 | 347 |
| Q3 2024 | 385 | 432 |
| Q4 2024 | 358 | 450 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $156.5m | $81.6m | 0.52 |
| Q2 2024 | $70.4m | $60.2m | 0.85 |
| Q3 2024 | $143.9m | $59.8m | 0.42 |
| Q4 2024 | $71.1m | $63.1m | 0.89 |
Biggest buyers
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | New | +4.0m |
| Ilex Capital Partners (UK) LLP | Added | +3.5m |
| TWO SIGMA ADVISERS, LP | Added | +2.1m |
| Pacer Advisors, Inc. | Added | +2.1m |
| DEUTSCHE BANK AG\ | Added | +1.9m |
| Invesco Ltd. | Added | +1.7m |
| UBS Group AG | Added | +1.5m |
| BlackRock, Inc. | Added | +1.3m |
| VANGUARD GROUP INC | Added | +1.1m |
| THOMPSON SIEGEL & WALMSLEY LLC | Added | +1.0m |
Biggest sellers
| Capital World Investors | Sold out | -4.5m |
| JPMORGAN CHASE & CO | Reduced | -4.3m |
| AMERICAN CENTURY COMPANIES INC | Reduced | -2.9m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.9m |
| Holocene Advisors, LP | Reduced | -1.7m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.6m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.5m |
| CITADEL ADVISORS LLC | Reduced | -1.4m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -1.4m |
| Assenagon Asset Management S.A. | Reduced | -1.3m |
Biggest calls
| Twin Tree Management, LP | Reduced | $17.0m613.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $10.2m367.4k shares |
| CITADEL ADVISORS LLC | Added | $7.3m261.7k shares |
| Squarepoint Ops LLC | Added | $7.2m259.8k shares |
| Walleye Capital LLC | Added | $4.1m149.0k shares |
| BARCLAYS PLC | New | $3.6m130.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $3.2m115.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.6m92.9k shares |
| IMC-Chicago, LLC | Reduced | $2.4m86.1k shares |
| GROUP ONE TRADING LLC | Reduced | $2.4m85.5k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $16.5m594.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $11.6m418.3k shares |
| MILLENNIUM MANAGEMENT LLC | New | $8.4m302.0k shares |
| PEAK6 LLC | First filing | $7.1m257.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $3.5m125.6k shares |
| Twin Tree Management, LP | Reduced | $3.4m121.7k shares |
| Cubist Systematic Strategies, LLC | New | $2.2m78.6k shares |
| WOLVERINE TRADING, LLC | Added | $2.0m71.5k shares |
| Walleye Capital LLC | Added | $1.8m63.5k shares |
| Walleye Trading LLC | Added | $1.7m61.0k 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 +5.3 pts · filed 2026-07-08 | 13.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution +1.1 pts · filed 2026-07-31 | 6.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution -2.1 pts · filed 2026-07-31 | 5.3% |
Fell to 5% or below in the last year: STATE STREET CORP (3.5%, 2026-08-07), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q4 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 |
|---|---|---|---|---|---|
| Q1 2023 | 0 | — | 1 | $2.0m | — |
| Q2 2023 | 0 | — | 2 | $2.0m | — |
| Q3 2023 | 0 | — | 1 | $2.5m | — |
| Q4 2023 | 1 | $252.3k | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 1 | $469.0k | — |
| Q3 2024 | 0 | — | 1 | $1.2m | — |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 58.8m $1.6bn | Added +1.1m |
| BlackRock, Inc. 0.03% of their portfolio | 48.8m $1.4bn | Added +1.3m |
| STATE STREET CORP 0.03% of their portfolio | 24.6m $683.2m | Added +134.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 13.2m $367.3m | Reduced -1.9m |
| Pacer Advisors, Inc. 0.77% of their portfolio | 12.7m $352.6m | Added +2.1m |
| NORDEA INVESTMENT MANAGEMENT AB 0.36% of their portfolio | 12.3m $341.0m | Added +618.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 11.7m $325.1m | Added +231.5k |
| Invesco Ltd. 0.06% of their portfolio | 11.2m $309.7m | Added +1.7m |
| AMERICAN CENTURY COMPANIES INC 0.15% of their portfolio | 9.6m $266.4m | Reduced -2.9m |
| MORGAN STANLEY 0.02% of their portfolio | 8.7m $240.4m | Added +164.4k |
| TWO SIGMA ADVISERS, LP 0.52% of their portfolio | 8.1m $225.7m | Added +2.1m |
| MACQUARIE GROUP LTD 0.27% of their portfolio | 8.0m $222.9m | Reduced -1.0m |
| LSV ASSET MANAGEMENT 0.46% of their portfolio | 7.2m $199.1m | Reduced -57.2k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.58% of their portfolio | 6.3m $175.4m | Added +29.8k |
| NORGES BANK 0.02% of their portfolio | 6.1m $168.9m | Reduced -330.2k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 5.7m $157.2m | Added +1.9m |
| Bank of New York Mellon Corp 0.03% of their portfolio | 5.5m $151.6m | Added +642.8k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 5.5m $151.5m | Added +1.0m |
| NORTHERN TRUST CORP 0.02% of their portfolio | 5.1m $142.9m | Added +692.3k |
| Ilex Capital Partners (UK) LLP 8.85% of their portfolio | 5.0m $138.3m | Added +3.5m |
| TWO SIGMA INVESTMENTS, LP 0.30% of their portfolio | 4.7m $131.5m | Added +454.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 4.0m $110.7m | New |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 3.9m $108.7m | Added +544.3k |
| Amundi 0.03% of their portfolio | 3.7m $98.5m | Reduced -780.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 3.6m $99.4m | Added +266.4k |
| UBS Group AG 0.02% of their portfolio | 3.3m $92.0m | Added +1.5m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 3.2m $89.9m | Added +136.6k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 3.1m $87.4m | Reduced -1.6m |
| Legal & General Group Plc 0.02% of their portfolio | 2.9m $80.6m | Reduced -187.4k |
| Brandywine Global Investment Management, LLC 0.57% of their portfolio | 2.8m $78.6m | Added +433.3k |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 2.6m $72.4m | Reduced -862.8k |
| Squarepoint Ops LLC 0.16% of their portfolio | 2.3m $63.2m | Added +126.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.3m $63.0m | Reduced -4.3m |
| California Public Employees Retirement System 0.04% of their portfolio | 2.2m $60.7m | Reduced -16.6k |
| CITADEL ADVISORS LLC 0.06% of their portfolio | 2.1m $59.6m | Reduced -1.4m |
| THOMPSON SIEGEL & WALMSLEY LLC 0.84% of their portfolio | 1.9m $53.5m | Added +1.0m |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.8m $49.8m | Added +914.8k |
| Cullen Capital Management, LLC 0.57% of their portfolio | 1.8m $49.0m | Reduced -200.2k |
| PRUDENTIAL FINANCIAL INC 0.06% of their portfolio | 1.7m $46.5m | Added +371.5k |
| Russell Investments Group, Ltd. 0.06% of their portfolio | 1.7m $46.3m | Added +463.3k |
| FMR LLC 0.00% of their portfolio | 1.7m $45.9m | Added +174.6k |
| Verition Fund Management LLC 0.23% of their portfolio | 1.6m $44.9m | Added +668.3k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 1.4m $37.7m | Added +110.5k |
| Swiss National Bank 0.02% of their portfolio | 1.3m $37.4m | Reduced -71.0k |
| BARCLAYS PLC 0.02% of their portfolio | 1.3m $36.2m | Reduced -196.2k |
| SEI INVESTMENTS CO 0.05% of their portfolio | 1.3m $36.2m | Reduced -31.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 1.3m $35.2m | Added +41.6k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 1.2m $32.8m | Added +156.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 1.1m $29.4m | Added +100.9k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 1.0m $28.9m | Reduced -56.0k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 997.6k $27.7m | Reduced -73.0k |
| LEVEL FOUR ADVISORY SERVICES, LLC 1.10% of their portfolio | 974.0k $27.0m | Reduced -68 |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 909.3k $25.2m | Added +19.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 891.5k $24.7m | Added +247.4k |
| UMB Bank, n.a. 0.39% of their portfolio | 885.2k $24.6m | Reduced -4.7k |
| MILLER HOWARD INVESTMENTS INC /NY 0.79% of their portfolio | 867.1k $24.1m | Reduced -566.0k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 855.1k $23.7m | Reduced -165.6k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 845.8k $23.5m | Reduced -11.4k |
| Swedbank AB 0.03% of their portfolio | 833.5k $23.1m | Added +159.1k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.44% of their portfolio | 818.4k $22.7m | Added +59.2k |
| Korea Investment CORP 0.05% of their portfolio | 817.9k $22.7m | Added +101.9k |
| Freestone Grove Partners LP 0.27% of their portfolio | 802.8k $22.3m | First filing |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio | 792.8k $22.0m | Reduced -43.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 788.1k $21.8m | Added +60.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 752.6k $20.9m | Reduced -60.8k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 735.7k $20.4m | Added +7.3k |
| Ensign Peak Advisors, Inc 0.04% of their portfolio | 732.5k $20.3m | Reduced -40.2k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 698.6k $19.4m | Added +618.1k |
| Man Group plc 0.06% of their portfolio | 694.8k $19.3m | Added +17.8k |
| M&T Bank Corp 0.06% of their portfolio | 675.4k $18.7m | Reduced -30.8k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.05% of their portfolio | 659.2k $18.3m | Added +404.3k |
| STOREBRAND ASSET MANAGEMENT AS 0.06% of their portfolio | 653.1k $18.1m | Reduced -52.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.04% of their portfolio | 653.1k $18.1m | First filing |
| Robeco Institutional Asset Management B.V. 0.03% of their portfolio | 622.8k $17.3m | Added +67 |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 597.7k $16.6m | First filing |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 579.5k $16.1m | Reduced -34.6k |
| CRAWFORD INVESTMENT COUNSEL INC 0.29% of their portfolio | 575.6k $16.0m | Added +291.2k |
| CANADA LIFE ASSURANCE Co 0.03% of their portfolio | 572.7k $15.9m | Added +60.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 567.0k $15.7m | Reduced -28.9k |
| VALLEY WEALTH MANAGERS, INC. 1.17% of their portfolio | 564.6k $15.7m | Added +36.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 555.9k $15.4m | Reduced -17.9k |
| F&V Capital Management, LLC 3.81% of their portfolio | 521.2k $14.5m | Added +701 |
| Mitsubishi UFJ Trust & Banking Corp 0.03% of their portfolio | 508.1k $14.1m | Reduced -19.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 486.9k $13.5m | Unchanged |
| TWINBEECH CAPITAL LP 0.23% of their portfolio | 480.1k $13.3m | New |
| AXA S.A. 0.04% of their portfolio | 476.3k $13.2m | Added +262.8k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.09% of their portfolio | 476.0k $13.2m | Reduced -705.6k |
| Gotham Asset Management, LLC 0.12% of their portfolio | 471.2k $13.1m | Added +35.3k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 456.3k $12.6m | Reduced -105.9k |
| ExodusPoint Capital Management, LP 0.13% of their portfolio | 451.9k $12.5m | New |
| LPL Financial LLC 0.01% of their portfolio | 449.5k $12.5m | Reduced -72.4k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio | 445.9k $12.4m | Reduced -5.6k |
| Bahl & Gaynor LLC 0.06% of their portfolio | 442.5k $12.3m | Reduced -58.8k |
| AE Wealth Management LLC 0.10% of their portfolio | 439.6k $12.2m | Added +49.1k |
| Rockefeller Capital Management L.P. 0.03% of their portfolio | 434.9k $12.1m | Added +137.4k |
| Caisse de depot et placement du Quebec 0.02% of their portfolio | 414.2k $11.5m | New |
| Cerity Partners LLC 0.02% of their portfolio | 410.2k $11.5m | Added +12.9k |
| Brookstone Capital Management 0.16% of their portfolio | 399.5k $11.1m | Added +62.2k |
| Skandinaviska Enskilda Banken AB (publ) 0.05% of their portfolio | 395.2k $10.9m | Added +11.4k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 388.1k $10.8m | Added +20.5k |