INGREDION INC INGR
COM · Common Stock · CUSIP 457187102 · ISIN US4571871023
American ingredient manufacturer
- SectorConsumer staples
- IndustryGrain Mill Products
- HeadquartersWestchester, IL
- Founded1906
- Websiteingredion.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 ($20.7m this quarter). Holder counts are more reliable. Shares outstanding: 66.1m as of 2023-08-04, 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 ≈ $105.88. Options: 7 managers hold calls ($12.3m notional), 7 hold puts ($3.1m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 449 |
| Q4 2022 | 483 |
| Q1 2023 | 477 |
| Q2 2023 | 502 |
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 | 221 | 185 |
| Q1 2023 | 218 | 200 |
| Q2 2023 | 220 | 239 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $3.5m | $5.0m | 1.44 |
| Q4 2022 | $10.5m | $4.3m | 0.41 |
| Q1 2023 | $11.8m | $4.2m | 0.36 |
| Q2 2023 | $12.3m | $3.1m | 0.25 |
Biggest buyers
| DEUTSCHE BANK AG\ | Added | +235.5k |
| Allianz Asset Management GmbH | Added | +190.7k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +171.6k |
| NORDEA INVESTMENT MANAGEMENT AB | Added | +156.6k |
| SCOPUS ASSET MANAGEMENT, L.P. | Added | +125.0k |
| Allspring Global Investments Holdings, LLC | Added | +103.3k |
| Driehaus Capital Management LLC | New | +100.0k |
| Rathbones Group PLC | New | +86.0k |
| FIL Ltd | Added | +75.8k |
| Man Group plc | New | +54.4k |
Biggest sellers
| FMR LLC | Reduced | -511.6k |
| STRS OHIO | Reduced | -457.2k |
| Brandywine Global Investment Management, LLC | Reduced | -456.4k |
| ENVESTNET ASSET MANAGEMENT INC | Reduced | -438.3k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -332.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -328.2k |
| VANGUARD GROUP INC | Reduced | -233.7k |
| EQUITY INVESTMENT CORP | Reduced | -216.9k |
| Candlestick Capital Management LP | Reduced | -210.0k |
| Hudson Bay Capital Management LP | Sold out | -181.6k |
Biggest calls
| PEAK6 Investments LLC | Added | $8.9m84.2k shares |
| CITADEL ADVISORS LLC | Added | $2.1m19.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $805.2k7.6k shares |
| WOLVERINE TRADING, LLC | Reduced | $439.9k4.2k shares |
| GROUP ONE TRADING LLC | New | $21.2k200 shares |
| SIMPLEX TRADING, LLC | Reduced | $21.0k200 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Walleye Trading LLC | Added | $784.0k7.4k shares |
| CITADEL ADVISORS LLC | Reduced | $752.2k7.1k shares |
| WOLVERINE TRADING, LLC | New | $639.0k6.1k shares |
| PEAK6 Investments LLC | Reduced | $603.9k5.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $296.7k2.8k shares |
| SIMPLEX TRADING, LLC | Unchanged | $10.0k100 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 |
|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.4% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution new · filed 2026-07-14 | 5.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: FIRST TRUST PORTFOLIOS LP (3.5%, 2026-07-30), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 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 |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $3 | — |
| Q1 2022 | 1 | $429.5k | 7 | $361 | — |
| Q2 2022 | 0 | — | 1 | $167.4k | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 2 | $274.1k | — |
| Q1 2023 | 0 | — | 8 | $713.8k | — |
| Q2 2023 | 0 | — | 4 | $1.1m | $811.8k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-30 | Uribe Jorge A. Director | Sold | $280 shares |
| 2023-06-02 | Gray James D Executive VP and CFO | Sold plan | $287.3k2.7k shares |
| 2023-06-01 | Gray James D Executive VP and CFO | Sold plan | $524.5k5.0k shares |
| 2023-05-24 | Gable Davida Marie VP, Controller & Global SS | Sold | $128.3k1.2k shares |
| 2023-05-04 | Fernandes Larry SVP, Chief Comm & Sust Officer | Sold | $189.6k1.7k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 7.2m $761.1m | Reduced -233.7k |
| BlackRock Inc. 0.02% of their portfolio | 6.1m $646.7m | Reduced -61.7k |
| STATE STREET CORP 0.01% of their portfolio | 2.4m $254.4m | Reduced -32.3k |
| LSV ASSET MANAGEMENT 0.55% of their portfolio | 2.4m $251.6m | Reduced -151.8k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 2.3m $241.1m | Reduced -32.2k |
| YACKTMAN ASSET MANAGEMENT LP 2.24% of their portfolio | 2.2m $236.7m | Reduced -30.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.06% of their portfolio | 1.8m $193.1m | Added +29.4k |
| SNYDER CAPITAL MANAGEMENT L P 3.30% of their portfolio | 1.5m $155.0m | Added +35.3k |
| MACQUARIE GROUP LTD 0.16% of their portfolio | 1.3m $142.8m | Reduced -26.7k |
| COOKE & BIELER LP 1.11% of their portfolio | 1.1m $118.6m | Reduced -2.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.1m $112.4m | Added +45.9k |
| FIRST TRUST ADVISORS LP 0.12% of their portfolio | 1.0m $106.1m | Reduced -45.0k |
| EQUITY INVESTMENT CORP 2.94% of their portfolio | 896.3k $95.0m | Reduced -216.9k |
| MORGAN STANLEY 0.01% of their portfolio | 891.5k $94.5m | Reduced -9.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.10% of their portfolio | 851.0k $90.2m | Reduced -332.1k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 810.5k $85.9m | Added +5.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.06% of their portfolio | 807.7k $85.6m | Reduced -64 |
| NORGES BANK 0.01% of their portfolio | 692.1k $73.3m | Added +27.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 634.6k $67.2m | Reduced -1.1k |
| SHAPIRO CAPITAL MANAGEMENT LLC 1.47% of their portfolio | 527.9k $55.9m | Reduced -161.0k |
| FMR LLC 0.00% of their portfolio | 526.4k $55.8m | Reduced -511.6k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 497.0k $52.7m | Reduced -9.7k |
| Amundi 0.03% of their portfolio | 492.3k $52.4m | Reduced -124.2k |
| Polaris Capital Management, LLC 1.95% of their portfolio | 490.2k $51.9m | Reduced -3.5k |
| Brandywine Global Investment Management, LLC 0.42% of their portfolio | 475.9k $50.4m | Reduced -456.4k |
| Candlestick Capital Management LP 1.59% of their portfolio | 445.0k $47.1m | Reduced -210.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.06% of their portfolio | 434.9k $45.6m | Added +156.6k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 425.2k $45.0m | Reduced -51.7k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 383.4k $40.6m | Added +26.0k |
| Clark Capital Management Group, Inc. 0.36% of their portfolio | 379.8k $40.2m | Added +12.1k |
| ZWJ INVESTMENT COUNSEL INC 2.00% of their portfolio | 361.1k $38.3m | Added +10.3k |
| FIRST MANHATTAN CO. LLC. 0.14% of their portfolio | 357.9k $37.9m | Reduced -2.9k |
| Leeward Investments, LLC - MA 1.69% of their portfolio | 340.3k $36.1m | Reduced -16.4k |
| Russell Investments Group, Ltd. 0.07% of their portfolio | 335.6k $35.6m | Reduced -24.0k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 332.6k $35.5m | Reduced -19.9k |
| SCOPUS ASSET MANAGEMENT, L.P. 1.20% of their portfolio | 325.0k $34.4m | Added +125.0k |
| Invesco Ltd. 0.01% of their portfolio | 309.5k $32.8m | Added +1.7k |
| MARTINGALE ASSET MANAGEMENT L P 0.57% of their portfolio | 277.4k $29.4m | Reduced -10.0k |
| Allianz Asset Management GmbH 0.06% of their portfolio | 271.2k $28.7m | Added +190.7k |
| FIL Ltd 0.03% of their portfolio | 268.5k $28.4m | Added +75.8k |
| DekaBank Deutsche Girozentrale 0.06% of their portfolio | 266.5k $27.8m | Added +9.0k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.27% of their portfolio | 262.4k $27.8m | Unchanged |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 261.6k $27.7m | Added +235.5k |
| BRANDES INVESTMENT PARTNERS, LP 0.55% of their portfolio | 255.9k $27.1m | Reduced -35.5k |
| St. James Investment Company, LLC 3.90% of their portfolio | 253.3k $26.8m | Reduced -6.0k |
| GUGGENHEIM CAPITAL LLC 0.19% of their portfolio | 229.8k $24.4m | Reduced -503 |
| ACADIAN ASSET MANAGEMENT LLC 0.10% of their portfolio | 226.2k $23.9m | Added +171.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 224.3k $23.8m | Added +10.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 213.9k $22.7m | Reduced -438.3k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 207.2k $22.0m | Added +6.9k |
| STRS OHIO 0.09% of their portfolio | 200.4k $21.2m | Reduced -457.2k |
| Morningstar Investment Services LLC 0.26% of their portfolio | 194.9k $20.4m | Added +2.0k |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 189.0k $20.0m | Reduced -22.2k |
| Loews Corp 0.20% of their portfolio | 185.0k $19.6m | Reduced -45.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 174.8k $17.8m | Unchanged |
| Legal & General Group Plc 0.01% of their portfolio | 167.5k $17.7m | Added +999 |
| Retirement Systems of Alabama 0.08% of their portfolio | 160.6k $17.0m | Reduced -762 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 156.0k $16.5m | Reduced -2.0k |
| GW HENSSLER & ASSOCIATES LTD 1.04% of their portfolio | 150.1k $15.9m | Reduced -925 |
| GRACE & WHITE INC /NY 2.92% of their portfolio | 149.7k $15.9m | Reduced -200 |
| Swiss National Bank 0.01% of their portfolio | 143.6k $15.2m | Added +2.1k |
| SHELL ASSET MANAGEMENT CO 0.60% of their portfolio | 143.5k $15.2m | Reduced -2.8k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 140.8k $14.9m | Reduced -17.8k |
| California Public Employees Retirement System 0.01% of their portfolio | 140.2k $14.9m | Reduced -5.7k |
| Boston Partners 0.02% of their portfolio | 138.4k $14.7m | Reduced -10.4k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 134.5k $14.2m | Added +847 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 133.5k $14.2m | Added +12.7k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 125.6k $13.2m | Reduced -53.0k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 122.6k $13.0m | Added +103.3k |
| SKBA CAPITAL MANAGEMENT LLC 2.34% of their portfolio | 122.2k $12.9m | Added +1.2k |
| UBS Group AG 0.01% of their portfolio | 120.4k $12.8m | Added +8.8k |
| DEPRINCE RACE & ZOLLO INC 0.29% of their portfolio | 119.2k $12.6m | Reduced -31.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 117.0k $12.4m | Reduced -2.1k |
| CNA FINANCIAL CORP 7.32% of their portfolio | 115.0k $12.2m | Reduced -15.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 114.2k $12.1m | Reduced -55.6k |
| PANAGORA ASSET MANAGEMENT INC 0.07% of their portfolio | 113.0k $12.0m | Added +51 |
| HEARTLAND ADVISORS INC 0.66% of their portfolio | 109.3k $11.6m | Added +12.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 108.5k $11.5m | Added +9.5k |
| Goodman Financial Corp 3.16% of their portfolio | 107.6k $11.4m | Reduced -1.4k |
| Centre Asset Management, LLC 2.37% of their portfolio | 101.2k $10.7m | Added +27.6k |
| Driehaus Capital Management LLC 0.13% of their portfolio | 100.0k $10.6m | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.06% of their portfolio | 99.6k $10.5m | Reduced -1.8k |
| ALPINE WOODS CAPITAL INVESTORS, LLC 1.52% of their portfolio | 91.8k $9.7m | Added +22.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 88.0k $9.3m | Added +752 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 88.0k $9.3m | Reduced -12.8k |
| Rathbones Group PLC 0.09% of their portfolio | 86.0k $9.1m | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 81.2k $8.6m | Added +23.9k |
| CIBC WORLD MARKET INC. 0.03% of their portfolio | 81.1k $8.6m | Reduced -415 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 81.0k $8.6m | Reduced -2.0k |
| Aberdeen Group plc 0.02% of their portfolio | 80.9k $8.6m | Reduced -540 |
| DAVENPORT & Co LLC 0.06% of their portfolio | 79.9k $8.5m | Reduced -690 |
| CoreCommodity Management, LLC 2.25% of their portfolio | 72.1k $7.6m | Added +13.1k |
| Ensign Peak Advisors, Inc 0.02% of their portfolio | 72.0k $7.6m | Added +17.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 71.8k $7.6m | Reduced -328.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 71.4k $7.6m | Added +2.4k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 71.3k $7.6m | Reduced -1.9k |
| BURNEY CO/ 0.35% of their portfolio | 71.2k $7.5m | Reduced -1.4k |
| South Dakota Investment Council 0.15% of their portfolio | 69.7k $7.4m | Reduced -3.9k |
| M&T Bank Corp 0.03% of their portfolio | 66.4k $7.0m | Reduced -627 |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.04% of their portfolio | 66.1k $7.0m | Added +512 |