CORTEVA INC CTVA
COM · Common Stock · CUSIP 22052L104 · ISIN US22052L1044
American agriculture company
- SectorConsumer staples
- IndustryAgricultural Production-Crops
- HeadquartersIndianapolis, IN
- Founded2018
- Websitecorteva.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 ($112.9m this quarter). Holder counts are more reliable. Shares outstanding: 712.8m as of 2023-02-02, 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 ≈ $58.79. Options: 21 managers hold calls ($95.5m notional), 15 hold puts ($95.0m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,228 |
| Q4 2022 | 1,302 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $89.4m | $99.5m | 1.11 |
| Q4 2022 | $95.5m | $95.0m | 0.99 |
Biggest buyers
| Capital International Investors | Added | +4.6m |
| WCM INVESTMENT MANAGEMENT, LLC | Added | +4.5m |
| Nuveen Asset Management, LLC | Added | +4.0m |
| FMR LLC | Added | +2.0m |
| TWINBEECH CAPITAL LP | New | +830.5k |
| RIT CAPITAL PARTNERS PLC | New | +813.6k |
| MORGAN STANLEY | Added | +747.0k |
| FRANKLIN RESOURCES INC | Added | +537.5k |
| Rheos Capital Works Inc. | Added | +500.0k |
| Capital World Investors | Added | +431.4k |
Biggest sellers
| JANUS HENDERSON GROUP PLC | Reduced | -7.1m |
| Invesco Ltd. | Reduced | -3.8m |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -2.3m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.9m |
| DEUTSCHE BANK AG\ | Reduced | -1.5m |
| NORGES BANK | Reduced | -1.4m |
| AMERIPRISE FINANCIAL INC | Reduced | -1.4m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.2m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -1.2m |
Biggest calls
| JANE STREET GROUP, LLC | Added | $20.7m352.8k shares |
| CITADEL ADVISORS LLC | Added | $20.3m344.9k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $11.2m191.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $10.2m173.8k shares |
| GROUP ONE TRADING LLC | Reduced | $9.6m163.2k shares |
| WOLVERINE TRADING, LLC | Added | $6.7m114.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.6m77.8k shares |
| NOMURA HOLDINGS INC | New | $3.0m50.9k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Added | $2.2m38.0k shares |
| GARDA CAPITAL PARTNERS LP | First filing | $1.6m28.0k shares |
Biggest puts
| MILLENNIUM MANAGEMENT LLC | Reduced | $46.9m797.6k shares |
| CITADEL ADVISORS LLC | Added | $14.1m240.6k shares |
| PEAK6 Investments LLC | Added | $9.8m167.3k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Added | $8.3m140.4k shares |
| Walleye Trading LLC | Reduced | $4.0m67.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.4m57.6k shares |
| SIMPLEX TRADING, LLC | Added | $2.5m42.5k shares |
| GROUP ONE TRADING LLC | Added | $2.0m34.4k shares |
| GARDA CAPITAL PARTNERS LP | First filing | $1.6m28.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.2m19.8k 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.6% |
| Capital World Investors 13G · institution +1.1 pts · filed 2026-08-12 | 6.6% |
| FMR LLC 13G · institution new · filed 2026-05-06 | 5.2% |
| STATE STREET CORP 13G · institution +0.2 pts · filed 2025-11-10 | 5.2% |
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 Q4 2022
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 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $188.5k | — |
| Q1 2022 | 1 | $2.6m | 3 | $5.9m | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 1 | $627.9k | — |
| Q4 2022 | 0 | — | 0 | — | — |
None reported in Q4 2022.
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.13% of their portfolio | 82.2m $4.8bn | Added +170.7k |
| BlackRock Inc. 0.11% of their portfolio | 60.2m $3.5bn | Added +277.0k |
| STATE STREET CORP 0.12% of their portfolio | 33.8m $2.0bn | Reduced -378.6k |
| Aristotle Capital Management, LLC 3.43% of their portfolio | 27.5m $1.6bn | Reduced -1.1m |
| Capital World Investors 0.29% of their portfolio | 23.3m $1.4bn | Added +431.4k |
| FMR LLC 0.11% of their portfolio | 18.3m $1.1bn | Added +2.0m |
| Nuveen Asset Management, LLC 0.39% of their portfolio | 16.9m $993.4m | Added +4.0m |
| GEODE CAPITAL MANAGEMENT, LLC 0.12% of their portfolio | 14.5m $852.0m | Added +31.5k |
| NORTHERN TRUST CORP 0.14% of their portfolio | 11.4m $672.2m | Added +223.9k |
| Capital International Investors 0.17% of their portfolio | 10.5m $615.1m | Added +4.6m |
| MORGAN STANLEY 0.06% of their portfolio | 9.5m $555.6m | Added +747.0k |
| PUTNAM INVESTMENTS LLC 0.84% of their portfolio | 8.2m $483.0m | Added +390.8k |
| Independent Franchise Partners LLP 4.73% of their portfolio | 8.2m $482.3m | Reduced -145.2k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.46% of their portfolio | 7.5m $438.9m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.05% of their portfolio | 7.1m $418.1m | Reduced -1.9m |
| JANUS HENDERSON GROUP PLC 0.29% of their portfolio | 7.0m $411.5m | Reduced -7.1m |
| Bank of New York Mellon Corp 0.09% of their portfolio | 6.9m $406.2m | Added +93.4k |
| Boston Partners 0.52% of their portfolio | 6.5m $382.9m | Reduced -24.5k |
| Invesco Ltd. 0.11% of their portfolio | 6.4m $376.7m | Reduced -3.8m |
| NORGES BANK 0.08% of their portfolio | 5.6m $328.9m | Reduced -1.4m |
| Legal & General Group Plc 0.12% of their portfolio | 5.2m $306.1m | Reduced -395.3k |
| FIRST TRUST ADVISORS LP 0.33% of their portfolio | 4.7m $274.0m | Reduced -73.6k |
| WCM INVESTMENT MANAGEMENT, LLC 0.91% of their portfolio | 4.6m $271.8m | Added +4.5m |
| PRINCIPAL FINANCIAL GROUP INC 0.19% of their portfolio | 4.4m $255.9m | Added +226.6k |
| DUPONT CAPITAL MANAGEMENT CORP 11.86% of their portfolio | 4.3m $250.4m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 4.2m $247.2m | Reduced -243.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio | 3.9m $231.4m | Added +70.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 3.9m $231.2m | Reduced -1.2m |
| DEUTSCHE BANK AG\ 0.12% of their portfolio | 3.5m $207.1m | Reduced -1.5m |
| FRANKLIN RESOURCES INC 0.11% of their portfolio | 3.5m $205.9m | Added +537.5k |
| FIL Ltd 0.23% of their portfolio | 3.3m $192.3m | Reduced -613.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.15% of their portfolio | 3.2m $190.0m | Reduced -80.2k |
| BESSEMER GROUP INC 0.45% of their portfolio | 3.1m $183.5m | Added +51.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.06% of their portfolio | 3.1m $182.6m | Added +17.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.09% of their portfolio | 3.1m $180.2m | Added +267.9k |
| MACKENZIE FINANCIAL CORP 0.30% of their portfolio | 3.0m $174.6m | Reduced -70.0k |
| Swiss National Bank 0.12% of their portfolio | 2.9m $171.7m | Reduced -215.4k |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 2.8m $167.2m | Reduced -556.5k |
| ROYAL BANK OF CANADA 0.04% of their portfolio | 2.4m $140.7m | Added +139.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.22% of their portfolio | 2.4m $138.8m | Added +116.2k |
| M&T Bank Corp 0.54% of their portfolio | 2.3m $135.3m | Reduced -21.7k |
| VAN ECK ASSOCIATES CORP 0.35% of their portfolio | 2.3m $133.6m | Reduced -120.5k |
| EAGLE ASSET MANAGEMENT INC 0.82% of their portfolio | 2.3m $133.1m | Added +290 |
| AGF MANAGEMENT LTD 0.95% of their portfolio | 2.2m $130.9m | First filing |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 2.2m $127.3m | Reduced -1.4m |
| TRUIST FINANCIAL CORP 0.21% of their portfolio | 2.0m $119.1m | Added +43.8k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.77% of their portfolio | 1.9m $113.4m | Reduced -4.6k |
| PRIMECAP MANAGEMENT CO/CA/ 0.10% of their portfolio | 1.9m $110.8m | Reduced -95.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.13% of their portfolio | 1.9m $110.6m | Reduced -2.3m |
| Amundi 0.06% of their portfolio | 1.8m $114.1m | Reduced -532.2k |
| UBS Group AG 0.05% of their portfolio | 1.8m $107.8m | Added +365.2k |
| California Public Employees Retirement System 0.08% of their portfolio | 1.7m $98.1m | Added +17.0k |
| CITIGROUP INC 0.14% of their portfolio | 1.6m $96.8m | Reduced -244.4k |
| NEUBERGER BERMAN GROUP LLC 0.09% of their portfolio | 1.5m $87.3m | Added +161.9k |
| RHUMBLINE ADVISERS 0.11% of their portfolio | 1.4m $84.7m | Added +70.2k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.4m $84.2m | Added +119.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio | 1.4m $81.6m | Reduced -965.9k |
| HSBC HOLDINGS PLC 0.10% of their portfolio | 1.4m $80.0m | Added +314.7k |
| MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio | 1.3m $76.8m | Reduced -1.3m |
| EMINENCE CAPITAL, LP 1.40% of their portfolio | 1.3m $75.4m | Reduced -737.1k |
| Swedbank AB 0.16% of their portfolio | 1.3m $74.1m | Added +89.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.11% of their portfolio | 1.2m $72.9m | Added +21.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 1.2m $72.4m | Added +174.6k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 1.2m $72.1m | Reduced -107.7k |
| BARCLAYS PLC 0.06% of their portfolio | 1.2m $71.5m | First filing |
| National Pension Service 0.14% of their portfolio | 1.2m $71.1m | Reduced -7.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.39% of their portfolio | 1.2m $70.0m | Reduced -95.0k |
| FOLGER NOLAN FLEMING DOUGLAS CAPITAL MANAGEMENT, INC 8.35% of their portfolio | 1.2m $69.6m | Added +941 |
| SATURNA CAPITAL CORP 1.40% of their portfolio | 1.1m $65.3m | Unchanged |
| SEI INVESTMENTS CO 0.14% of their portfolio | 1.1m $64.8m | Added +72.5k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.24% of their portfolio | 1.1m $64.1m | Reduced -104.7k |
| CREDIT SUISSE AG/ 0.07% of their portfolio | 1.1m $62.9m | Added +2.0k |
| J.P. Morgan Private Wealth Advisors LLC 0.14% of their portfolio | 1.0m $61.3m | Added +24.8k |
| Russell Investments Group, Ltd. 0.13% of their portfolio | 1.0m $61.0m | Added +28.2k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 997.9k $58.7m | Reduced -16.8k |
| Hardman Johnston Global Advisors LLC 2.26% of their portfolio | 982.6k $57.8m | Reduced -14.0k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 974.5k $64.1m | Added +218.2k |
| Clearbridge Investments, LLC 0.06% of their portfolio | 962.1k $56.6m | Reduced -22.6k |
| STOREBRAND ASSET MANAGEMENT AS 0.31% of their portfolio | 946.0k $55.6m | Added +231.4k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.10% of their portfolio | 937.6k $55.1m | Reduced -285.7k |
| NATIXIS 0.32% of their portfolio | 924.5k $54.3m | Added +151.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.07% of their portfolio | 901.5k $53.0m | Reduced -1.2m |
| Rheos Capital Works Inc. 3.11% of their portfolio | 880.0k $51.7m | Added +500.0k |
| Amova Asset Management Americas, Inc. 0.74% of their portfolio | 879.8k $51.7m | Reduced -96.2k |
| CANADA LIFE ASSURANCE Co 0.14% of their portfolio | 876.2k $51.7m | Reduced -42.1k |
| PNC Financial Services Group, Inc. 0.05% of their portfolio | 875.1k $51.4m | Added +213 |
| PGGM Investments 0.89% of their portfolio | 863.5k $50.8m | Reduced -159.2k |
| PRUDENTIAL FINANCIAL INC 0.09% of their portfolio | 863.0k $50.7m | Reduced -102.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.07% of their portfolio | 860.8k $50.6m | Reduced -7.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.12% of their portfolio | 851.7k $50.1m | Reduced -18.5k |
| TWINBEECH CAPITAL LP 0.93% of their portfolio | 830.5k $48.8m | New |
| RIT CAPITAL PARTNERS PLC 19.05% of their portfolio | 813.6k $47.8m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.12% of their portfolio | 798.4k $46.9m | Added +1.1k |
| SCOUT INVESTMENTS, INC. 0.92% of their portfolio | 767.5k $45.1m | Reduced -32.3k |
| Robeco Institutional Asset Management B.V. 0.13% of their portfolio | 756.0k $44.4m | Added +53.3k |
| NATIXIS ADVISORS, LLC 0.16% of their portfolio | 736.3k $43.3m | Reduced -58.8k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.10% of their portfolio | 726.7k $42.7m | Reduced -5.4k |
| GLENVIEW CAPITAL MANAGEMENT, LLC 0.96% of their portfolio | 679.5k $39.9m | Reduced -672.9k |
| Artisan Partners Limited Partnership 0.07% of their portfolio | 645.9k $38.0m | Reduced -407.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.10% of their portfolio | 625.5k $36.9m | Added +42.7k |