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 ($6.8m this quarter). Holder counts are more reliable. Shares outstanding: 211.1m as of 2025-05-09, 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 ≈ $19.01. Options: 5 managers hold calls ($655.7k notional), 5 hold puts ($3.7m).
Trends to Q1 2025
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 |
| Q4 2023 | 383 |
| Q1 2024 | 375 |
| Q2 2024 | 383 |
| Q3 2024 | 383 |
| Q4 2024 | 392 |
| Q1 2025 | 411 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 130 | 226 |
| Q3 2023 | 196 | 173 |
| Q4 2023 | 170 | 198 |
| Q1 2024 | 166 | 188 |
| Q2 2024 | 172 | 171 |
| Q3 2024 | 184 | 162 |
| Q4 2024 | 167 | 194 |
| Q1 2025 | 213 | 172 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $3.3m | $1.8m | 0.53 |
| Q3 2024 | $3.3m | $2.1m | 0.65 |
| Q4 2024 | $1.7m | $818.1k | 0.47 |
| Q1 2025 | $655.7k | $3.7m | 5.66 |
Biggest buyers
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +5.4m |
| FULLER & THALER ASSET MANAGEMENT, INC. | Added | +4.0m |
| FIRST TRUST ADVISORS LP | Added | +759.8k |
| MILLENNIUM MANAGEMENT LLC | Added | +642.9k |
| DIMENSIONAL FUND ADVISORS LP | Added | +524.4k |
| STATE STREET CORP | Added | +515.1k |
| Cubist Systematic Strategies, LLC | Added | +483.3k |
| Squarepoint Ops LLC | Added | +356.3k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | New | +342.1k |
| Qube Research & Technologies Ltd | Added | +313.1k |
Biggest sellers
| Boston Trust Walden Corp | Reduced | -1.6m |
| VANGUARD GROUP INC | Reduced | -1.1m |
| Verition Fund Management LLC | Reduced | -423.8k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | Sold out | -384.8k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -379.8k |
| BlackRock, Inc. | Reduced | -367.1k |
| Gotham Asset Management, LLC | Reduced | -295.3k |
| NEW YORK STATE COMMON RETIREMENT FUND | Reduced | -281.9k |
| TWO SIGMA ADVISERS, LP | Reduced | -258.9k |
| JANE STREET GROUP, LLC | Sold out | -213.5k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $338.4k17.8k shares |
| SIMPLEX TRADING, LLC | Added | $304.0k16.0k shares |
| PEAK6 LLC | New | $9.5k500 shares |
| GROUP ONE TRADING LLC | Unchanged | $3.8k200 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| PEAK6 LLC | New | $3.0m159.6k shares |
| CITADEL ADVISORS LLC | Added | $652.0k34.3k shares |
| SIMPLEX TRADING, LLC | Added | $17.0k900 shares |
| GROUP ONE TRADING LLC | Added | $11.4k600 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 Q1 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 |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 1 | $348.1k | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 3 | $255.7k | 0 | — | — |
| Q1 2024 | 0 | — | 1 | $845.3k | — |
| Q2 2024 | 1 | $117.8k | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 21.6m $411.5m | Reduced -1.1m |
| BlackRock, Inc. 0.01% of their portfolio | 17.8m $338.0m | Reduced -367.1k |
| STATE STREET CORP 0.01% of their portfolio | 9.6m $183.3m | Added +515.1k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.62% of their portfolio | 8.4m $159.5m | Added +4.0m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 8.3m $156.9m | Added +15.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 7.4m $141.6m | Added +5.4m |
| COOKE & BIELER LP 1.07% of their portfolio | 5.6m $106.7m | Added +159.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.15% of their portfolio | 5.1m $97.6m | Reduced -209.9k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 4.8m $91.7m | Added +524.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 4.4m $82.7m | Added +131.8k |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 3.5m $66.8m | Added +759.8k |
| Southeast Asset Advisors, LLC 7.17% of their portfolio | 3.1m $58.4m | Reduced -28.2k |
| WASATCH ADVISORS LP 0.32% of their portfolio | 3.0m $57.9m | Added +217.6k |
| Invesco Ltd. 0.01% of their portfolio | 2.8m $52.9m | Added +307.6k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 2.4m $44.9m | Reduced -14.1k |
| Boston Trust Walden Corp 0.31% of their portfolio | 2.3m $43.0m | Reduced -1.6m |
| NORGES BANK 0.01% of their portfolio | 2.0m $38.9m | Reduced -13.1k |
| MORGAN STANLEY 0.00% of their portfolio | 2.0m $38.1m | Reduced -11.1k |
| UBS Group AG 0.01% of their portfolio | 1.8m $33.6m | Reduced -22.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.8m $33.4m | Added +14.4k |
| MACQUARIE GROUP LTD 0.04% of their portfolio | 1.6m $30.7m | Reduced -98.5k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 1.6m $30.1m | Added +313.1k |
| ProShare Advisors LLC 0.07% of their portfolio | 1.5m $29.0m | Added +26.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 1.4m $26.2m | Added +310.4k |
| TRUIST FINANCIAL CORP 0.04% of their portfolio | 1.2m $23.2m | Reduced -2.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2m $21.9m | Added +307.4k |
| CRAWFORD INVESTMENT COUNSEL INC 0.34% of their portfolio | 1.0m $19.2m | Added +123.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 976.5k $18.6m | Added +65.3k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 949.7k $18.1m | Added +642.9k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 932.6k $17.7m | Reduced -49.2k |
| California Public Employees Retirement System 0.01% of their portfolio | 928.1k $17.6m | Added +8.8k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 874.4k $16.6m | Reduced -12.0k |
| GABELLI FUNDS LLC 0.12% of their portfolio | 799.0k $15.2m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 744.7k $14.2m | Added +81.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 691.3k $13.1m | Reduced -110.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 681.3k $13.0m | Added +97.7k |
| GLENMEDE TRUST CO NA 0.07% of their portfolio | 653.8k $12.4m | Reduced -12.6k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 615.4k $11.7m | Added +5.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 595.9k $11.3m | Added +133.7k |
| Creative Planning 0.01% of their portfolio | 593.3k $11.3m | Added +181.7k |
| Ceredex Value Advisors LLC 0.24% of their portfolio | 571.8k $10.9m | Added +68.0k |
| GAMCO INVESTORS, INC. ET AL 0.12% of their portfolio | 565.2k $10.7m | Reduced -2.8k |
| Wellington Shields Capital Management, LLC 1.82% of their portfolio | 526.8k $10.0m | Unchanged |
| Gotham Asset Management, LLC 0.08% of their portfolio | 518.6k $9.9m | Reduced -295.3k |
| Edgestream Partners, L.P. 0.32% of their portfolio | 495.6k $9.4m | Added +201.6k |
| Cubist Systematic Strategies, LLC 0.12% of their portfolio | 489.3k $9.3m | Added +483.3k |
| Squarepoint Ops LLC 0.02% of their portfolio | 468.2k $8.9m | Added +356.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 450.2k $8.6m | Added +1.8k |
| Ipsen Advisor Group LLC 7.33% of their portfolio | 448.3k $8.5m | Added +17 |
| Thomasville National Bank 0.59% of their portfolio | 423.3k $8.0m | Reduced -1.3k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 422.1k $8.0m | Added +182.5k |
| Legal & General Group Plc 0.00% of their portfolio | 403.6k $7.7m | Added +13.0k |
| Swiss National Bank 0.01% of their portfolio | 387.7k $7.4m | Reduced -5.8k |
| Vestcor Inc 0.24% of their portfolio | 376.7k $7.2m | Reduced -14.8k |
| Williams Jones Wealth Management, LLC. 0.08% of their portfolio | 348.9k $6.6m | Reduced -624 |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 346.6k $6.6m | Added +64.8k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio | 342.1k $6.5m | New |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 340.4k $6.5m | Added +119.7k |
| Quantinno Capital Management LP 0.04% of their portfolio | 339.6k $6.5m | Added +54.6k |
| TUDOR INVESTMENT CORP ET AL 0.06% of their portfolio | 331.1k $6.3m | Reduced -108.8k |
| Wellington Shields & Co., LLC 1.93% of their portfolio | 323.6k $6.2m | Added +39 |
| Knights of Columbus Asset Advisors LLC 0.42% of their portfolio | 322.9k $6.1m | Unchanged |
| Nuveen, LLC 0.00% of their portfolio | 322.7k $6.1m | First filing |
| ALGERT GLOBAL LLC 0.15% of their portfolio | 311.3k $5.9m | Added +44.0k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio | 295.9k $5.6m | Added +104.3k |
| TWINBEECH CAPITAL LP 0.10% of their portfolio | 283.5k $5.4m | New |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 266.2k $5.0m | Added +165.1k |
| Retirement Systems of Alabama 0.02% of their portfolio | 238.4k $4.5m | Added +237 |
| Bragg Financial Advisors, Inc 0.18% of their portfolio | 235.7k $4.5m | Reduced -11.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 226.4k $4.3m | Added +9.4k |
| NORDEA INVESTMENT MANAGEMENT AB 0.00% of their portfolio | 226.4k $4.3m | Added +9.8k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 223.5k $4.2m | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 218.3k $4.2m | Reduced -11.4k |
| SALEM INVESTMENT COUNSELORS INC 0.14% of their portfolio | 217.9k $4.1m | Added +1.6k |
| Corebridge Financial, Inc. 0.02% of their portfolio | 216.3k $4.1m | Reduced -5.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 216.1k $4.1m | Reduced -4.5k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 214.5k $4.1m | New |
| Holocene Advisors, LP 0.01% of their portfolio | 213.4k $4.1m | Added +168.1k |
| ALPS ADVISORS INC 0.02% of their portfolio | 211.1k $4.0m | Added +15.1k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 206.5k $3.9m | Added +7.2k |
| TD Asset Management Inc 0.00% of their portfolio | 201.8k $3.8m | Unchanged |
| Allen Mooney & Barnes Investment Advisors LLC 0.60% of their portfolio | 194.7k $3.7m | Added +461 |
| Moran Wealth Management, LLC 0.12% of their portfolio | 191.3k $3.6m | Added +570 |
| Signature Wealth Management Group 1.40% of their portfolio | 188.9k $3.6m | Added +14.4k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 188.0k $3.6m | Reduced -258.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 186.1k $3.5m | Reduced -23.1k |
| New Age Alpha Advisors, LLC 0.15% of their portfolio | 177.8k $3.4m | Added +44.8k |
| Orion Portfolio Solutions, LLC 0.02% of their portfolio | 177.2k $3.5m | Added +97.6k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 176.3k $3.4m | Added +164.4k |
| BROWN ADVISORY INC 0.00% of their portfolio | 173.6k $3.3m | Added +20.3k |
| BARCLAYS PLC 0.00% of their portfolio | 173.5k $3.3m | Reduced -4.6k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 168.2k $3.2m | Added +7.3k |
| HUSSMAN STRATEGIC ADVISORS, INC. 0.77% of their portfolio | 168.0k $3.2m | Added +21.0k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 167.8k $3.2m | Reduced -1.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 164.1k $3.1m | First filing |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 163.1k $3.1m | Reduced -10.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 162.8k $3.1m | Reduced -937 |
| WALLED LAKE PLANNING & WEALTH MANAGEMENT, LLC 1.10% of their portfolio | 162.7k $3.1m | Added +1.1k |
| Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio | 159.6k $3.0m | New |
| Coston, McIsaac & Partners 0.88% of their portfolio | 158.8k $3.0m | Reduced -28.5k |