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 ($3.3m this quarter). Holder counts are more reliable. Shares outstanding: 211.6m as of 2026-02-20, 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 ≈ $8.16. Options: 7 managers hold calls ($3.2m notional), 10 hold puts ($9.2m).
Trends to Q1 2026
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 |
| Q2 2025 | 421 |
| Q3 2025 | 421 |
| Q4 2025 | 435 |
| Q1 2026 | 427 |
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 2024 | 172 | 171 |
| Q3 2024 | 184 | 162 |
| Q4 2024 | 167 | 194 |
| Q1 2025 | 213 | 172 |
| Q2 2025 | 241 | 180 |
| Q3 2025 | 225 | 208 |
| Q4 2025 | 239 | 212 |
| Q1 2026 | 215 | 217 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $2.3m | $7.3m | 3.24 |
| Q3 2025 | $3.4m | $7.7m | 2.25 |
| Q4 2025 | $2.8m | $17.7m | 6.39 |
| Q1 2026 | $3.2m | $9.2m | 2.89 |
Biggest buyers
| MILLENNIUM MANAGEMENT LLC | Added | +3.4m |
| STATE STREET CORP | Added | +2.3m |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | Added | +1.5m |
| Trexquant Investment LP | Added | +1.3m |
| UBS Group AG | Added | +1.2m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | New | +1.1m |
| Point72 Asset Management, L.P. | Added | +980.9k |
| DIMENSIONAL FUND ADVISORS LP | Added | +925.2k |
| Corient Private Wealth LP | Added | +876.5k |
| HRT FINANCIAL LP | Added | +837.1k |
Biggest sellers
| FULLER & THALER ASSET MANAGEMENT, INC. | Reduced | -10.6m |
| Gotham Asset Management, LLC | Reduced | -3.5m |
| FMR LLC | Reduced | -2.0m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -1.6m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Reduced | -1.5m |
| Qube Research & Technologies Ltd | Reduced | -1.5m |
| BlackRock, Inc. | Reduced | -763.0k |
| California Public Employees Retirement System | Sold out | -557.0k |
| Quantinno Capital Management LP | Reduced | -393.7k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | Reduced | -375.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.6m190.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $758.8k93.1k shares |
| SIMPLEX TRADING, LLC | Added | $276.3k33.9k shares |
| Walleye Capital LLC | Reduced | $220.1k27.0k shares |
| CITADEL ADVISORS LLC | New | $195.6k24.0k shares |
| GROUP ONE TRADING LLC | Added | $186.6k22.9k shares |
| Jefferies Financial Group Inc. | New | $815100 shares |
Biggest puts
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Unchanged | $4.1m500.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.8m226.4k shares |
| CITADEL ADVISORS LLC | Reduced | $1.2m151.2k shares |
| SANDLER CAPITAL MANAGEMENT | Reduced | $530.6k65.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $458.8k56.3k shares |
| GROUP ONE TRADING LLC | Reduced | $367.6k45.1k shares |
| IMC-Chicago, LLC | Reduced | $330.9k40.6k shares |
| JANE STREET GROUP, LLC | New | $185.8k22.8k shares |
| Walleye Capital LLC | Added | $122.2k15.0k shares |
| Jefferies Financial Group Inc. | Reduced | $82.3k10.1k 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 2026
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 2024 | 1 | $117.8k | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 3 | $202.4k | 0 | — | — |
| Q3 2025 | 0 | — | 2 | $4.5m | — |
| Q4 2025 | 1 | $5.0k | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 20.0m $163.2m | Reduced -763.0k |
| STATE STREET CORP 0.00% of their portfolio | 12.0m $97.5m | Added +2.3m |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.31% of their portfolio | 11.3m $92.5m | Reduced -10.6m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 10.8m $87.7m | First filing |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 8.7m $71.2m | First filing |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 7.5m $61.5m | Added +925.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 6.5m $53.1m | Reduced -1.5m |
| Invesco Ltd. 0.00% of their portfolio | 5.3m $42.8m | Reduced -78.1k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 4.3m $35.4m | Reduced -261.0k |
| UBS Group AG 0.01% of their portfolio | 4.2m $34.1m | Added +1.2m |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 4.0m $32.8m | Added +3.4m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 4.0m $32.4m | Added +42.3k |
| MORGAN STANLEY 0.00% of their portfolio | 3.8m $31.1m | Reduced -270.6k |
| Quantinno Capital Management LP 0.05% of their portfolio | 3.4m $27.7m | Reduced -393.7k |
| Point72 Asset Management, L.P. 0.04% of their portfolio | 3.0m $24.4m | Added +980.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.4m $19.5m | Added +119.8k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 2.4m $19.2m | Added +541.0k |
| ProShare Advisors LLC 0.03% of their portfolio | 2.3m $19.1m | Reduced -203.5k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 2.3m $18.5m | Reduced -1.5m |
| WASATCH ADVISORS LP 0.11% of their portfolio | 2.1m $17.1m | Reduced -1.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.9m $15.2m | Added +324.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.8m $14.5m | Added +17.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.8m $14.4m | Added +138.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio | 1.5m $12.4m | Added +1.5m |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 1.5m $12.3m | Reduced -1.6m |
| Pacer Advisors, Inc. 0.03% of their portfolio | 1.4m $11.8m | Added +287.6k |
| Trexquant Investment LP 0.08% of their portfolio | 1.4m $11.6m | Added +1.3m |
| Southeast Asset Advisors, LLC 1.24% of their portfolio | 1.4m $11.4m | Added +136.2k |
| Corient Private Wealth LP 0.02% of their portfolio | 1.3m $11.0m | Added +876.5k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 1.3m $10.6m | First filing |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 1.2m $9.9m | Added +272.8k |
| TRUIST FINANCIAL CORP 0.01% of their portfolio | 1.2m $9.7m | Reduced -2.7k |
| Invenomic Capital Management LP 0.43% of their portfolio | 1.2m $9.4m | Added +537.9k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 1.1m $8.6m | New |
| Creative Planning 0.01% of their portfolio | 968.3k $7.9m | Reduced -267.1k |
| GLENMEDE TRUST CO NA 0.04% of their portfolio | 968.0k $7.9m | Reduced -80.3k |
| HRT FINANCIAL LP 0.03% of their portfolio | 935.2k $7.6m | Added +837.1k |
| Allen Mooney & Barnes Investment Advisors LLC 1.09% of their portfolio | 931.7k $7.6m | Added +8.3k |
| Advisors Asset Management, Inc. 0.12% of their portfolio | 903.3k $7.4m | Added +248.1k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 868.3k $7.1m | Added +475.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 850.9k $6.9m | Added +633.1k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 780.9k $6.4m | Reduced -166.1k |
| GABELLI FUNDS LLC 0.04% of their portfolio | 754.0k $6.1m | Reduced -30.0k |
| FMR LLC 0.00% of their portfolio | 654.6k $5.3m | Reduced -2.0m |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 632.4k $5.2m | Added +41.6k |
| Man Group plc 0.01% of their portfolio | 627.7k $5.1m | Added +480.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 605.7k $4.9m | Added +7.7k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.43% of their portfolio | 593.5k $4.8m | Added +365.4k |
| Wellington Shields Capital Management, LLC 0.72% of their portfolio | 589.7k $4.8m | Added +460.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 586.1k $4.8m | Added +61.2k |
| Holocene Advisors, LP 0.01% of their portfolio | 584.2k $4.8m | Added +192.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 529.0k $4.4m | Added +29.2k |
| SummitTX Capital, L.P. 0.14% of their portfolio | 522.2k $4.3m | Added +113.4k |
| GAMCO INVESTORS, INC. ET AL 0.04% of their portfolio | 516.8k $4.2m | Reduced -26.1k |
| Gotham Asset Management, LLC 0.01% of their portfolio | 476.8k $3.9m | Reduced -3.5m |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 471.8k $3.8m | Added +18.3k |
| Nuveen, LLC 0.00% of their portfolio | 460.0k $3.7m | Added +270.9k |
| Ipsen Advisor Group LLC 2.53% of their portfolio | 443.4k $3.6m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 411.4k $3.4m | Added +108.3k |
| Swiss National Bank 0.00% of their portfolio | 395.6k $3.2m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 353.3k $2.9m | Added +330.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 343.4k $2.8m | Reduced -23.0k |
| Y-Intercept (Hong Kong) Ltd 0.05% of their portfolio | 341.4k $2.8m | Added +201.9k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 327.6k $2.7m | Added +100.2k |
| Wellington Shields & Co., LLC 0.67% of their portfolio | 321.1k $2.6m | Added +93 |
| Legal & General Group Plc 0.00% of their portfolio | 311.3k $2.5m | Reduced -27.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 301.2k $3.3m | Added +14.0k |
| Williams Jones Wealth Management, LLC. 0.03% of their portfolio | 301.1k $2.5m | Unchanged |
| BESSEMER GROUP INC 0.00% of their portfolio | 294.7k $2.4m | Added +1.1k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 283.0k $2.3m | Reduced -312.2k |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 275.1k $2.2m | New |
| Hestia Capital Management, LLC 2.31% of their portfolio | 273.3k $2.2m | Added +93.2k |
| Retirement Systems of Alabama 0.01% of their portfolio | 258.9k $2.1m | Added +5.4k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 257.4k $2.1m | Added +73.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 242.7k $2.0m | Added +56.5k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 227.6k $1.9m | Added +32.1k |
| Bragg Financial Advisors, Inc 0.06% of their portfolio | 223.1k $1.8m | Reduced -1.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 218.8k $1.8m | Added +17.9k |
| WIREGRASS INVESTMENT MANAGEMENT LLC 1.47% of their portfolio | 217.6k $1.8m | Added +31.5k |
| Measured Risk Portfolios, Inc. 1.91% of their portfolio | 213.0k $1.7m | Added +174.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 211.4k $1.7m | Added +128.9k |
| LPL Financial LLC 0.00% of their portfolio | 209.7k $1.7m | Added +23.3k |
| CWA Asset Management Group, LLC 0.06% of their portfolio | 209.6k $1.7m | Added +42.5k |
| CITIGROUP INC 0.00% of their portfolio | 204.6k $1.7m | Added +126.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 195.9k $1.6m | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 191.7k $1.6m | Added +162.4k |
| GUGGENHEIM CAPITAL LLC 0.01% of their portfolio | 187.1k $1.5m | Added +29.1k |
| NORDEA INVESTMENT MANAGEMENT AB 0.00% of their portfolio | 186.1k $1.5m | Reduced -10.5k |
| KEATING INVESTMENT COUNSELORS INC 0.37% of their portfolio | 183.9k $1.5m | New |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 181.2k $1.5m | First filing |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 173.4k $1.4m | Added +170.3k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 173.1k $1.4m | Added +21.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 171.8k $1.4m | Reduced -935 |
| HUSSMAN STRATEGIC ADVISORS, INC. 0.30% of their portfolio | 168.0k $1.4m | Unchanged |
| Bridgewater Associates, LP 0.01% of their portfolio | 165.9k $1.4m | Added +72.4k |
| Black Swift Group, LLC 0.23% of their portfolio | 159.7k $1.3m | Added +67.6k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 158.2k $1.3m | New |
| BARCLAYS PLC 0.00% of their portfolio | 157.0k $1.3m | Reduced -53.6k |
| Squarepoint Ops LLC 0.00% of their portfolio | 154.2k $1.3m | New |
| Jain Global LLC 0.02% of their portfolio | 151.4k $1.2m | Added +43.0k |