FLOWERS FOODS INC FLO
COM · Common Stock · CUSIP 343498101 · ISIN US3434981011
Bakeries of the United States
- SectorConsumer staples
- IndustryFood and Kindred Products
- HeadquartersThomasville, GA
- Founded1919
- Websiteflowersfoods.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 ($9.8m this quarter). Holder counts are more reliable. Shares outstanding: 211.1m as of 2023-11-03, 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 ≈ $22.24. Options: 6 managers hold calls ($2.0m notional), 6 hold puts ($1.8m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 387 |
| Q4 2022 | 399 |
| Q1 2023 | 400 |
| Q2 2023 | 372 |
| Q3 2023 | 396 |
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 | 195 | 159 |
| Q1 2023 | 194 | 170 |
| Q2 2023 | 130 | 226 |
| Q3 2023 | 196 | 173 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $3.9m | $1.7m | 0.43 |
| Q1 2023 | $1.2m | $2.3m | 1.93 |
| Q2 2023 | $1.5m | $6.3m | 4.12 |
| Q3 2023 | $2.0m | $1.8m | 0.93 |
Biggest buyers
| MILLENNIUM MANAGEMENT LLC | New | +1.3m |
| Qube Research & Technologies Ltd | New | +896.1k |
| Cubist Systematic Strategies, LLC | New | +642.9k |
| Balyasny Asset Management L.P. | Added | +473.6k |
| Assenagon Asset Management S.A. | New | +409.3k |
| Man Group plc | New | +404.8k |
| HSBC HOLDINGS PLC | Added | +391.2k |
| CRAWFORD INVESTMENT COUNSEL INC | Added | +334.9k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +297.6k |
| LAZARD ASSET MANAGEMENT LLC | Added | +269.7k |
Biggest sellers
| STATE STREET CORP | Reduced | -7.1m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -2.9m |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -1.3m |
| Allspring Global Investments Holdings, LLC | Reduced | -860.7k |
| Man Group plc | Sold out | -704.3k |
| DekaBank Deutsche Girozentrale | Reduced | -520.4k |
| FMR LLC | Reduced | -472.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -445.4k |
| MARSHALL WACE, LLP | Reduced | -441.5k |
| Alberta Investment Management Corp | Sold out | -343.5k |
Biggest calls
| Walleye Trading LLC | New | $767.4k34.6k shares |
| SIMPLEX TRADING, LLC | Added | $470.0k21.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $410.3k18.5k shares |
| GROUP ONE TRADING LLC | Added | $212.9k9.6k shares |
| CITADEL ADVISORS LLC | Reduced | $117.6k5.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| PEAK6 Investments LLC | Added | $814.0k36.7k shares |
| CITADEL ADVISORS LLC | Added | $434.7k19.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $354.9k16.0k shares |
| SIMPLEX TRADING, LLC | Added | $219.0k9.9k shares |
| GROUP ONE TRADING LLC | Reduced | $15.5k700 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 +3.1 pts · filed 2026-07-28 | 14.7% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution +1.5 pts · filed 2026-07-31 | 6.5% |
| FULLER & THALER ASSET MANAGEMENT, INC. 13G · institution new · filed 2025-08-14 | 6.1% |
Fell to 5% or below in the last year: STATE STREET CORP (4.1%, 2026-08-07), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q3 2023
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 2021 | 0 | — | 1 | $77.8k | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 1 | $2.0m | — |
| Q3 2022 | 2 | $82.7k | 1 | $4.0m | — |
| Q4 2022 | 1 | $56.8k | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 1 | $348.1k | — |
| Q3 2023 | 0 | — | 0 | — | — |
None reported in Q3 2023.
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 20.1m $445.0m | Reduced -159.1k |
| BlackRock Inc. 0.01% of their portfolio | 18.4m $408.6m | Reduced -34.1k |
| Wellington Shields Capital Management, LLC 41.51% of their portfolio | 14.2m $314.5m | Reduced -560 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 11.1m $246.3m | Reduced -2.9m |
| STATE STREET CORP 0.01% of their portfolio | 9.4m $208.2m | Reduced -7.1m |
| Wellington Shields & Co., LLC 37.98% of their portfolio | 6.8m $151.9m | Reduced -2.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.21% of their portfolio | 5.4m $120.4m | Added +297.6k |
| FIRST TRUST ADVISORS LP 0.10% of their portfolio | 3.7m $81.0m | Reduced -244.2k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 3.6m $79.8m | Added +147.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.4m $75.3m | Added +81.4k |
| Boston Trust Walden Corp 0.62% of their portfolio | 3.3m $74.2m | Added +165.6k |
| Southeast Asset Advisors, LLC 9.82% of their portfolio | 3.2m $69.9m | Added +12.4k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 2.4m $52.9m | Reduced -132.4k |
| MORGAN STANLEY 0.00% of their portfolio | 2.2m $47.8m | Added +122.6k |
| MACQUARIE GROUP LTD 0.05% of their portfolio | 1.9m $42.8m | Reduced -57.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.8m $40.3m | Added +64.1k |
| COOKE & BIELER LP 0.33% of their portfolio | 1.5m $33.6m | Added +213.9k |
| Balyasny Asset Management L.P. 0.09% of their portfolio | 1.5m $32.9m | Added +473.6k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.5m $32.6m | Reduced -68.7k |
| ProShare Advisors LLC 0.10% of their portfolio | 1.4m $31.4m | Added +216.4k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 1.3m $29.7m | New |
| TRUIST FINANCIAL CORP 0.05% of their portfolio | 1.2m $27.3m | Added +5.2k |
| California Public Employees Retirement System 0.02% of their portfolio | 1.2m $26.0m | Added +32.6k |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 1.2m $26.0m | Reduced -53.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.1m $24.2m | Added +106.6k |
| Invesco Ltd. 0.01% of their portfolio | 1.0m $22.8m | Added +156.0k |
| NORGES BANK 0.00% of their portfolio | 934.4k $20.7m | Reduced -180.2k |
| Qube Research & Technologies Ltd 0.06% of their portfolio | 896.1k $19.9m | New |
| CRAWFORD INVESTMENT COUNSEL INC 0.42% of their portfolio | 869.8k $19.3m | Added +334.9k |
| GABELLI FUNDS LLC 0.15% of their portfolio | 839.5k $18.6m | Reduced -2.0k |
| DekaBank Deutsche Girozentrale 0.04% of their portfolio | 827.6k $18.4m | Reduced -520.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 709.0k $15.7m | Reduced -14.4k |
| Allspring Global Investments Holdings, LLC 0.03% of their portfolio | 656.2k $14.6m | Reduced -860.7k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 656.2k $14.6m | Added +13.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 655.7k $14.5m | Reduced -73.6k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 653.0k $14.5m | Added +58.3k |
| Cubist Systematic Strategies, LLC 0.18% of their portfolio | 642.9k $14.3m | New |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 641.0k $14.2m | Added +391.2k |
| GAMCO INVESTORS, INC. ET AL 0.16% of their portfolio | 635.6k $14.1m | Reduced -2.7k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio | 616.9k $13.7m | Reduced -78.9k |
| Robeco Institutional Asset Management B.V. 0.03% of their portfolio | 567.0k $12.6m | Reduced -175.8k |
| Legal & General Group Plc 0.00% of their portfolio | 482.2k $10.7m | Reduced -593 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 477.7k $10.6m | Reduced -55.1k |
| TUDOR INVESTMENT CORP ET AL 0.15% of their portfolio | 472.8k $10.5m | Added +228.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 466.5k $10.3m | Added +46.1k |
| Swiss National Bank 0.01% of their portfolio | 442.5k $9.8m | Added +4.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 437.2k $9.7m | Added +26.7k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 436.7k $9.7m | Reduced -127.1k |
| Ensign Peak Advisors, Inc 0.02% of their portfolio | 411.5k $9.1m | Reduced -95.7k |
| Assenagon Asset Management S.A. 0.03% of their portfolio | 409.3k $9.1m | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 405.8k $9.0m | Added +178.4k |
| Man Group plc 0.03% of their portfolio | 404.8k $9.0m | New |
| Creative Planning 0.01% of their portfolio | 390.3k $8.7m | Added +2.0k |
| Meiji Yasuda Asset Management Co Ltd. 0.40% of their portfolio | 385.7k $8.6m | Added +10.8k |
| Retirement Systems of Alabama 0.04% of their portfolio | 385.1k $8.5m | Reduced -8.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 373.5k $8.3m | Added +101.3k |
| Vestcor Inc 0.29% of their portfolio | 357.7k $7.9m | Reduced -62.3k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 356.0k $7.9m | Reduced -18.0k |
| Thomasville National Bank 0.76% of their portfolio | 349.9k $7.8m | Added +959 |
| Williams Jones Wealth Management, LLC. 0.12% of their portfolio | 349.6k $7.8m | Reduced -1.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.03% of their portfolio | 347.2k $7.7m | Reduced -1.3m |
| Trexquant Investment LP 0.19% of their portfolio | 343.5k $7.6m | Added +182.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 320.2k $7.1m | Reduced -27.4k |
| Bridgewater Associates, LP 0.04% of their portfolio | 295.3k $6.5m | Reduced -107.0k |
| Bragg Financial Advisors, Inc 0.34% of their portfolio | 293.4k $6.5m | Reduced -5.5k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 272.2k $6.0m | Added +269.7k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.04% of their portfolio | 270.9k $6.0m | Reduced -19.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 268.3k $6.0m | Reduced -10.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 262.7k $5.8m | Added +128.0k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 259.1k $5.7m | Added +4.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 246.4k $5.5m | Reduced -700 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 233.7k $5.2m | Reduced -9.2k |
| Allen Mooney & Barnes Investment Advisors LLC 1.10% of their portfolio | 232.6k $5.2m | Added +22.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 223.3k $5.0m | Added +110 |
| DEAN INVESTMENT ASSOCIATES, LLC 0.81% of their portfolio | 221.5k $4.9m | Reduced -56.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 221.2k $4.9m | Reduced -20.2k |
| SALEM INVESTMENT COUNSELORS INC 0.18% of their portfolio | 215.4k $4.8m | Reduced -23.0k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 214.7k $4.8m | Added +175.0k |
| Holocene Advisors, LP 0.02% of their portfolio | 208.4k $4.6m | Added +57.7k |
| TD Asset Management Inc 0.01% of their portfolio | 201.8k $4.5m | Unchanged |
| Verition Fund Management LLC 0.06% of their portfolio | 198.8k $4.4m | Added +122.1k |
| Edgestream Partners, L.P. 0.34% of their portfolio | 193.8k $4.3m | Added +174.9k |
| UBS Group AG 0.00% of their portfolio | 184.2k $4.1m | Added +119.5k |
| WALLED LAKE PLANNING & WEALTH MANAGEMENT, LLC 1.98% of their portfolio | 178.3k $4.0m | Added +3.7k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 176.0k $3.9m | Reduced -4.9k |
| Engineers Gate Manager LP 0.14% of their portfolio | 174.2k $3.9m | New |
| Coston, McIsaac & Partners 1.42% of their portfolio | 168.8k $3.7m | Added +13.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 166.4k $3.7m | Reduced -271.4k |
| Schonfeld Strategic Advisors LLC 0.03% of their portfolio | 165.4k $3.7m | Added +147.6k |
| Asset Management One Co., Ltd. 0.02% of their portfolio | 165.0k $3.7m | Reduced -6.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 165.0k $3.7m | Added +20.4k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.04% of their portfolio | 163.3k $3.6m | Reduced -6.4k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 158.9k $3.5m | Added +74.0k |
| Alpha Wave Global, LP 2.19% of their portfolio | 156.3k $3.5m | New |
| BARCLAYS PLC 0.00% of their portfolio | 147.2k $3.3m | Added +18.6k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 142.5k $3.2m | Added +5.3k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 133.7k $3.0m | Added +123.4k |
| ELEMENT CAPITAL MANAGEMENT LLC 0.26% of their portfolio | 131.1k $2.9m | Reduced -12.2k |
| AMALGAMATED BANK 0.02% of their portfolio | 129.6k $2.9m | Added +4.6k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.38% of their portfolio | 129.0k $2.9m | Reduced -154.0k |