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 ($55.3m this quarter). Holder counts are more reliable. Shares outstanding: 65.1m as of 2024-08-05, 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 ≈ $114.70. Options: 9 managers hold calls ($12.0m notional), 8 hold puts ($5.5m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 449 |
| Q4 2022 | 483 |
| Q1 2023 | 477 |
| Q2 2023 | 502 |
| Q3 2023 | 484 |
| Q4 2023 | 520 |
| Q1 2024 | 553 |
| Q2 2024 | 556 |
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 |
| Q3 2023 | 204 | 259 |
| Q4 2023 | 223 | 238 |
| Q1 2024 | 248 | 238 |
| Q2 2024 | 280 | 229 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $13.7m | $4.1m | 0.30 |
| Q4 2023 | $10.0m | $4.5m | 0.46 |
| Q1 2024 | $15.6m | $4.6m | 0.30 |
| Q2 2024 | $12.0m | $5.5m | 0.46 |
Biggest buyers
| Pacer Advisors, Inc. | Added | +847.0k |
| Invesco Ltd. | Added | +463.0k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +253.9k |
| Allianz Asset Management GmbH | Added | +175.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +138.1k |
| DIMENSIONAL FUND ADVISORS LP | Added | +125.5k |
| AQR CAPITAL MANAGEMENT LLC | Added | +115.1k |
| Crossmark Global Holdings, Inc. | Added | +88.7k |
| DekaBank Deutsche Girozentrale | Added | +86.9k |
| JPMORGAN CHASE & CO | Added | +76.5k |
Biggest sellers
| MORGAN STANLEY | Reduced | -1.8m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -406.6k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -273.8k |
| Brandywine Global Investment Management, LLC | Reduced | -266.8k |
| VANGUARD GROUP INC | Reduced | -233.8k |
| MACQUARIE GROUP LTD | Reduced | -175.6k |
| NORDEA INVESTMENT MANAGEMENT AB | Reduced | -145.8k |
| Russell Investments Group, Ltd. | Reduced | -88.4k |
| AMERICAN INTERNATIONAL GROUP, INC. | Sold out | -86.3k |
| Centre Asset Management, LLC | Sold out | -86.0k |
Biggest calls
| Walleye Trading LLC | Added | $6.2m54.0k shares |
| PEAK6 Investments LLC | Reduced | $2.2m19.5k shares |
| CITADEL ADVISORS LLC | Reduced | $1.3m10.9k shares |
| Jefferies Financial Group Inc. | Reduced | $929.1k8.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $539.1k4.7k shares |
| Walleye Capital LLC | Added | $527.6k4.6k shares |
| SIMPLEX TRADING, LLC | Added | $309.0k2.7k shares |
| GROUP ONE TRADING LLC | Reduced | $11.5k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Walleye Capital LLC | Added | $1.8m15.5k shares |
| Genus Capital Management Inc. | New | $1.7m14.5k shares |
| PEAK6 Investments LLC | Reduced | $688.2k6.0k shares |
| CITADEL ADVISORS LLC | Reduced | $562.0k4.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $562.0k4.9k shares |
| Walleye Trading LLC | Reduced | $195.0k1.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $57.0k500 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 2024
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 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 2 | $274.1k | — |
| Q1 2023 | 0 | — | 8 | $713.8k | — |
| Q2 2023 | 0 | — | 4 | $1.1m | $811.8k |
| Q3 2023 | 1 | $295.5k | 2 | $550.3k | $550.3k |
| Q4 2023 | 0 | — | 2 | $49 | — |
| Q1 2024 | 0 | — | 10 | $6.9m | — |
| Q2 2024 | 0 | — | 4 | $4.5m | $3.2m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-28 | Uribe Jorge A. Director | Sold | $240 shares |
| 2024-06-03 | Zallie James P. President and CEO, director | Sold plan | $3.2m27.5k shares |
| 2024-05-13 | Gray James D Executive VP and CFO | Sold | $1.0m8.5k shares |
| 2024-05-09 | Fernandes Larry SVP, Chief Comm & Sust Officer | Sold | $282.2k2.4k 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 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 7.4m $847.9m | Reduced -233.8k |
| BlackRock Inc. 0.02% of their portfolio | 6.3m $727.0m | Added +13.3k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 2.7m $308.0m | Added +125.5k |
| STATE STREET CORP 0.01% of their portfolio | 2.4m $277.2m | Added +28.5k |
| LSV ASSET MANAGEMENT 0.54% of their portfolio | 2.2m $248.5m | Reduced -22.4k |
| YACKTMAN ASSET MANAGEMENT LP 2.33% of their portfolio | 2.2m $248.2m | Reduced -42.6k |
| Pacer Advisors, Inc. 0.46% of their portfolio | 1.8m $202.3m | Added +847.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.05% of their portfolio | 1.5m $172.4m | Reduced -5.3k |
| SNYDER CAPITAL MANAGEMENT L P 3.67% of their portfolio | 1.4m $163.7m | Reduced -77.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.1m $131.8m | Added +69.7k |
| COOKE & BIELER LP 1.12% of their portfolio | 1.0m $116.8m | Added +27.1k |
| EQUITY INVESTMENT CORP 2.87% of their portfolio | 978.6k $112.2m | Added +26.5k |
| Invesco Ltd. 0.02% of their portfolio | 895.2k $102.7m | Added +463.0k |
| MORGAN STANLEY 0.01% of their portfolio | 819.0k $93.9m | Reduced -1.8m |
| NORGES BANK 0.01% of their portfolio | 789.3k $90.5m | Added +27.0k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 759.6k $87.1m | Added +17.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 714.6k $82.0m | Reduced -24.3k |
| MACQUARIE GROUP LTD 0.09% of their portfolio | 700.7k $80.4m | Reduced -175.6k |
| FMR LLC 0.01% of their portfolio | 695.0k $79.7m | Added +74.6k |
| Allianz Asset Management GmbH 0.13% of their portfolio | 686.6k $78.8m | Added +175.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 680.9k $78.1m | Added +6.7k |
| FIRST TRUST ADVISORS LP 0.08% of their portfolio | 664.2k $76.2m | Reduced -84.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.08% of their portfolio | 571.0k $65.8m | Reduced -145.8k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 569.8k $65.4m | Added +69.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 540.3k $62.0m | Added +76.5k |
| SHAPIRO CAPITAL MANAGEMENT LLC 1.78% of their portfolio | 510.9k $58.6m | Reduced -16.7k |
| DekaBank Deutsche Girozentrale 0.10% of their portfolio | 492.4k $56.6m | Added +86.9k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 489.6k $56.2m | Added +18.1k |
| BRANDES INVESTMENT PARTNERS, LP 0.61% of their portfolio | 431.3k $49.5m | Added +75.8k |
| ACADIAN ASSET MANAGEMENT LLC 0.14% of their portfolio | 396.7k $45.5m | Added +253.9k |
| FIL Ltd 0.04% of their portfolio | 381.3k $43.7m | Added +11.0k |
| ZWJ INVESTMENT COUNSEL INC 1.84% of their portfolio | 366.0k $42.0m | Added +5.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 354.4k $40.6m | Added +138.1k |
| FIRST MANHATTAN CO. LLC. 0.12% of their portfolio | 334.7k $38.4m | Reduced -16.8k |
| Amundi 0.01% of their portfolio | 330.5k $37.3m | Added +35.1k |
| AQR CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 321.7k $36.9m | Added +115.1k |
| Polaris Capital Management, LLC 1.90% of their portfolio | 309.2k $35.5m | Reduced -7.8k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 290.8k $33.3m | Reduced -406.6k |
| Leeward Investments, LLC - MA 1.32% of their portfolio | 251.0k $28.8m | Added +2.3k |
| MARTINGALE ASSET MANAGEMENT L P 0.58% of their portfolio | 233.2k $26.7m | Reduced -12.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio | 218.0k $25.0m | Reduced -19.0k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 216.1k $24.8m | Reduced -9.3k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 213.2k $24.5m | Reduced -88.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 210.5k $24.1m | Reduced -14.7k |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 206.8k $23.7m | Added +12.9k |
| Man Group plc 0.06% of their portfolio | 199.8k $22.9m | Added +45.9k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 193.3k $22.3m | Reduced -3.5k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 192.5k $22.1m | Added +14.3k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 192.3k $22.1m | Added +2.8k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 191.1k $21.9m | Added +64.1k |
| Morningstar Investment Services LLC 0.23% of their portfolio | 188.3k $21.6m | Reduced -7.2k |
| Loews Corp 0.18% of their portfolio | 187.5k $21.5m | Reduced -2.5k |
| PRUDENTIAL FINANCIAL INC 0.03% of their portfolio | 184.1k $21.1m | Added +36.9k |
| GUGGENHEIM CAPITAL LLC 0.15% of their portfolio | 184.0k $21.1m | Added +1.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 163.0k $18.7m | Added +62.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 159.6k $18.3m | Added +2.0k |
| UBS Group AG 0.01% of their portfolio | 158.5k $18.2m | Added +2.6k |
| Retirement Systems of Alabama 0.07% of their portfolio | 156.5k $18.0m | Reduced -850 |
| VAN ECK ASSOCIATES CORP 0.02% of their portfolio | 151.1k $17.3m | Reduced -19.8k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 148.9k $17.1m | Added +35.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 148.9k $17.1m | Reduced -1.3k |
| GRACE & WHITE INC /NY 3.20% of their portfolio | 148.5k $17.0m | Reduced -375 |
| Allspring Global Investments Holdings, LLC 0.03% of their portfolio | 145.3k $16.7m | Added +11.7k |
| GW HENSSLER & ASSOCIATES LTD 0.99% of their portfolio | 144.0k $16.5m | Reduced -3.0k |
| Brandywine Global Investment Management, LLC 0.12% of their portfolio | 139.5k $16.0m | Reduced -266.8k |
| HEARTLAND ADVISORS INC 0.88% of their portfolio | 136.4k $15.6m | Reduced -2.0k |
| Cresset Asset Management, LLC 0.07% of their portfolio | 135.2k $15.5m | Added +5.3k |
| California Public Employees Retirement System 0.01% of their portfolio | 132.2k $15.2m | Added +4.6k |
| Legal & General Group Plc 0.00% of their portfolio | 131.2k $15.1m | Reduced -12.3k |
| Swiss National Bank 0.01% of their portfolio | 129.0k $14.8m | Added +300 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 123.9k $14.2m | Added +12.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 121.8k $14.0m | Added +2.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 119.2k $13.7m | Added +62.8k |
| Goodman Financial Corp 3.01% of their portfolio | 118.0k $13.5m | Added +1.7k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 110.6k $12.7m | Added +15.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 107.8k $12.4m | Added +2.1k |
| CNA FINANCIAL CORP 6.90% of their portfolio | 107.5k $12.3m | Reduced -2.5k |
| First Eagle Investment Management, LLC 0.03% of their portfolio | 106.7k $12.2m | Added +2.7k |
| SKBA CAPITAL MANAGEMENT LLC 1.95% of their portfolio | 106.1k $12.2m | Reduced -29.1k |
| Ensign Peak Advisors, Inc 0.02% of their portfolio | 95.2k $10.9m | Added +29.3k |
| Gotham Asset Management, LLC 0.14% of their portfolio | 94.3k $10.8m | Added +28.6k |
| Crossmark Global Holdings, Inc. 0.20% of their portfolio | 93.5k $10.7m | Added +88.7k |
| Boston Partners 0.01% of their portfolio | 89.6k $10.3m | Reduced -3.6k |
| Corebridge Financial, Inc. 0.05% of their portfolio | 83.0k $9.5m | First filing |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 82.8k $9.5m | Added +76.0k |
| CIBC WORLD MARKET INC. 0.02% of their portfolio | 82.5k $9.5m | Reduced -489 |
| Paradiem, LLC 2.36% of their portfolio | 81.9k $9.4m | Added +8.4k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 81.7k $9.4m | Reduced -4.8k |
| Treasurer of the State of North Carolina 0.04% of their portfolio | 81.3k $9.3m | Added +46.6k |
| ALPINE WOODS CAPITAL INVESTORS, LLC 1.36% of their portfolio | 77.1k $8.8m | Added +9.2k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.14% of their portfolio | 69.1k $7.9m | Added +1.7k |
| Varma Mutual Pension Insurance Co 0.06% of their portfolio | 69.1k $7.9m | Reduced -75.5k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.03% of their portfolio | 66.8k $7.7m | Added +2.4k |
| South Dakota Investment Council 0.16% of their portfolio | 66.2k $7.6m | Reduced -440 |
| M&T Bank Corp 0.03% of their portfolio | 65.3k $7.5m | Reduced -327 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 64.7k $7.4m | Reduced -1.3k |
| Dana Investment Advisors, Inc. 0.25% of their portfolio | 64.0k $7.3m | Reduced -2.7k |
| Covea Finance 0.33% of their portfolio | 63.6k $7.3m | Reduced -800 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 61.0k $7.0m | Added +3 |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 60.1k $6.9m | Added +45.1k |