MIDDLEBY CORP MIDD
COM · Common Stock · CUSIP 596278101 · ISIN US5962781010
American cooking and industrial process equipment company
- SectorIndustrials
- IndustryRefrigeration & Service Industry Machinery
- HeadquartersElgin, IL
- Founded1888
- Websitemiddleby.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 ($8.1m this quarter). Holder counts are more reliable. Shares outstanding: 47.2m as of 2026-03-02, 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 ≈ $132.30. Options: 5 managers hold calls ($6.6m notional), 4 hold puts ($4.1m).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 326 |
| Q4 2022 | 332 |
| Q1 2023 | 351 |
| Q2 2023 | 354 |
| Q3 2023 | 344 |
| Q4 2023 | 347 |
| Q1 2024 | 371 |
| Q2 2024 | 358 |
| Q3 2024 | 388 |
| Q4 2024 | 393 |
| Q1 2025 | 412 |
| Q2 2025 | 428 |
| Q3 2025 | 425 |
| Q4 2025 | 413 |
| Q1 2026 | 419 |
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 | 174 | 184 |
| Q3 2024 | 201 | 158 |
| Q4 2024 | 164 | 190 |
| Q1 2025 | 204 | 177 |
| Q2 2025 | 201 | 201 |
| Q3 2025 | 170 | 245 |
| Q4 2025 | 171 | 241 |
| Q1 2026 | 206 | 182 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $184.3m | $347.8m | 1.89 |
| Q3 2025 | $7.1m | $14.9m | 2.11 |
| Q4 2025 | $28.3m | $9.9m | 0.35 |
| Q1 2026 | $6.6m | $4.1m | 0.63 |
Biggest buyers
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +642.2k |
| COOKE & BIELER LP | Added | +225.8k |
| JPMORGAN CHASE & CO | Added | +214.1k |
| UBS Group AG | Added | +194.6k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +193.0k |
| JANE STREET GROUP, LLC | Added | +173.9k |
| JONES FINANCIAL COMPANIES LLLP | Added | +149.7k |
| AQR CAPITAL MANAGEMENT LLC | Added | +112.2k |
| NEUBERGER BERMAN GROUP LLC | Added | +108.0k |
| Trexquant Investment LP | New | +101.9k |
Biggest sellers
| Select Equity Group, L.P. | Reduced | -1.5m |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -1.3m |
| Clarkston Capital Partners, LLC | Reduced | -499.3k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -376.3k |
| D. E. Shaw & Co., Inc. | Reduced | -210.5k |
| TURTLE CREEK ASSET MANAGEMENT INC. | Reduced | -173.5k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -154.5k |
| T. Rowe Price Investment Management, Inc. | Reduced | -152.6k |
| Dixon Mitchell Investment Counsel Inc. | Reduced | -150.6k |
| FRANKLIN RESOURCES INC | Reduced | -142.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.3m17.4k shares |
| IMC-Chicago, LLC | New | $1.8m13.7k shares |
| GROUP ONE TRADING LLC | New | $1.5m11.0k shares |
| JANE STREET GROUP, LLC | Added | $649.6k4.9k shares |
| CITADEL ADVISORS LLC | Added | $344.7k2.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.8m13.5k shares |
| LOGAN CAPITAL MANAGEMENT INC | New | $1.1m8.5k shares |
| CITADEL ADVISORS LLC | Reduced | $967.8k7.3k shares |
| IMC-Chicago, LLC | New | $225.4k1.7k 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 |
|---|---|
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution +2.1 pts · filed 2026-05-15 | 13.6% |
Garden Investment Management, L.P.
13D · may seek influence
+0.8 pts · filed 2026-01-06
Stated purposeItem 4 of the Schedule 13D is hereby amended as follows: On January 6, 2026, GIM entered into an amendment to the Cooperation Agreement with the Issuer (the "Cooperation Agreement Amendment"), pursuant to which and subject to the terms set forth therein (i) the Issuer agreed to include Edward P. Garden in the Issuer's slate of director nominees for its 2026 Annual Meeting of Stockholders (the "2026 Annual Meeting") and to recommend, support and solicit proxies for the election of Mr. Garden at the 2026 Annual Meeting, (ii) the Standstill Period (as defined in the Cooperation Agreement) was extended until the earlier of Mr. Garden ceasing to serve on the Board or 45 days prior to the advance notice deadline for the Company's 2027 annual meeting of stockholders, and (iii) GIM's voting commi… Full filing |
6.7% |
Fell to 5% or below in the last year: JPMORGAN CHASE & CO (4.5%, 2026-10-13), VANGUARD CAPITAL MANAGEMENT LLC (4.8%, 2026-07-31), Select Equity Group, L.P. (3.3%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-27), WELLINGTON MANAGEMENT GROUP LLP (2.6%, 2026-02-10)
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 | 0 | — | 2 | $304.1k | — |
| Q3 2024 | 0 | — | 1 | $27.4k | — |
| Q4 2024 | 0 | — | 2 | $105.0k | — |
| Q1 2025 | 0 | — | 1 | $81.8k | — |
| Q2 2025 | 2 | $93.8m | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 2 | $15.1m | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| PRICE T ROWE ASSOCIATES INC /MD/ 0.10% of their portfolio | 6.4m $850.4m | Added +642.2k |
| BlackRock, Inc. 0.01% of their portfolio | 4.3m $563.8m | Added +97.4k |
| Garden Investment Management, L.P. 76.52% of their portfolio | 3.4m $448.1m | Unchanged |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 2.4m $301.1m | Added +214.1k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 2.1m $272.1m | First filing |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 2.0m $261.8m | First filing |
| ARIEL INVESTMENTS, LLC 2.34% of their portfolio | 1.6m $208.8m | Added +15.9k |
| Select Equity Group, L.P. 1.06% of their portfolio | 1.5m $198.9m | Reduced -1.5m |
| STATE STREET CORP 0.01% of their portfolio | 1.4m $188.9m | Added +8.6k |
| Invesco Ltd. 0.02% of their portfolio | 1.4m $183.4m | Reduced -48.5k |
| EARNEST PARTNERS LLC 0.71% of their portfolio | 1.3m $171.3m | Reduced -16.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 1.2m $159.1m | Reduced -107.8k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.1m $147.1m | Reduced -376.3k |
| TURTLE CREEK ASSET MANAGEMENT INC. 4.68% of their portfolio | 943.5k $125.1m | Reduced -173.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 925.1k $122.7m | Added +24.9k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 852.7k $113.0m | Reduced -9.3k |
| SEI INVESTMENTS CO 0.10% of their portfolio | 803.4k $106.5m | Added +49.2k |
| D. E. Shaw & Co., Inc. 0.08% of their portfolio | 781.3k $103.6m | Reduced -210.5k |
| T. Rowe Price Investment Management, Inc. 0.07% of their portfolio | 735.6k $97.5m | Reduced -152.6k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 628.2k $83.3m | Added +46.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio | 563.6k $74.7m | Added +72.1k |
| MORGAN STANLEY 0.00% of their portfolio | 558.1k $74.0m | Reduced -42.6k |
| COOKE & BIELER LP 0.82% of their portfolio | 549.4k $72.8m | Added +225.8k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 456.6k $60.5m | Reduced -646 |
| Bank of New York Mellon Corp 0.01% of their portfolio | 431.0k $57.1m | Added +6.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 417.2k $55.3m | Added +11.2k |
| UBS Group AG 0.01% of their portfolio | 413.4k $54.8m | Added +194.6k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 407.1k $54.0m | Reduced -142.1k |
| Boston Partners 0.05% of their portfolio | 359.8k $47.7m | Reduced -3.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 338.9k $44.9m | Added +14.1k |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 317.8k $42.1m | Added +108.0k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 294.2k $38.0m | Added +112.2k |
| Clarkston Capital Partners, LLC 2.93% of their portfolio | 289.5k $38.4m | Reduced -499.3k |
| Quantinno Capital Management LP 0.06% of their portfolio | 288.4k $38.2m | Added +77.7k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 287.8k $38.2m | First filing |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 231.7k $30.7m | Added +71.5k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 216.6k $28.7m | Added +173.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 205.3k $27.2m | Added +193.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 176.8k $23.4m | Reduced -1.9k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 165.0k $21.9m | Reduced -39.9k |
| JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio | 150.9k $19.4m | Added +149.7k |
| LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio | 147.9k $19.6m | Reduced -15.5k |
| NATIXIS ADVISORS, LLC 0.03% of their portfolio | 145.4k $19.3m | Added +916 |
| LORD, ABBETT & CO. LLC 0.06% of their portfolio | 144.1k $19.1m | Reduced -3.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 127.0k $16.8m | Added +1.0k |
| Ancora Advisors LLC 0.36% of their portfolio | 126.6k $16.8m | Added +31.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 125.6k $16.6m | Added +7.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 123.5k $16.4m | Reduced -3.2k |
| Impax Asset Management Group plc 0.10% of their portfolio | 106.0k $14.0m | Reduced -27.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 103.5k $13.7m | Added +3.8k |
| Trexquant Investment LP 0.10% of their portfolio | 101.9k $13.5m | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 101.6k $13.3m | Added +1.8k |
| Nuveen, LLC 0.00% of their portfolio | 96.2k $12.8m | Added +389 |
| Swiss National Bank 0.01% of their portfolio | 94.6k $12.5m | Reduced -400 |
| California Public Employees Retirement System 0.01% of their portfolio | 92.4k $12.2m | Reduced -2.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 89.5k $11.9m | Added +13.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 87.5k $11.6m | Reduced -91.4k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 82.6k $11.0m | Added +3.1k |
| Retirement Systems of Alabama 0.04% of their portfolio | 82.6k $10.9m | Reduced -5.8k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 81.4k $10.8m | New |
| Squarepoint Ops LLC 0.02% of their portfolio | 80.3k $10.6m | Reduced -52.1k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.19% of their portfolio | 78.5k $10.4m | Reduced -1.9k |
| JUPITER ASSET MANAGEMENT LTD 0.05% of their portfolio | 69.9k $9.3m | New |
| BARCLAYS PLC 0.00% of their portfolio | 69.6k $9.2m | Added +2.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 67.9k $9.0m | Added +8.5k |
| Leith Wheeler Investment Counsel Ltd. 0.71% of their portfolio | 64.7k $8.6m | Reduced -44 |
| Legal & General Group Plc 0.00% of their portfolio | 63.0k $8.4m | Reduced -9.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 61.1k $8.1m | Added +12.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 57.2k $8.5m | Reduced -5.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 55.9k $7.4m | Added +10.2k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 54.7k $7.3m | Added +41.1k |
| ExodusPoint Capital Management, LP 0.07% of their portfolio | 53.9k $7.1m | Added +14.1k |
| GABELLI FUNDS LLC 0.04% of their portfolio | 50.0k $6.6m | Unchanged |
| AYAL Capital Advisors Ltd 3.39% of their portfolio | 50.0k $6.6m | Added +6.0k |
| Corient Private Wealth LP 0.01% of their portfolio | 50.0k $6.6m | Added +2.4k |
| Pacific Capital Partners Ltd 6.20% of their portfolio | 47.4k $6.3m | Added +25.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 46.6k $6.2m | Reduced -2.1k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 42.6k $5.7m | First filing |
| XTX Topco Ltd 0.10% of their portfolio | 42.5k $5.6m | Added +14.1k |
| Verition Fund Management LLC 0.05% of their portfolio | 40.9k $5.4m | Added +10.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 39.4k $5.2m | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 39.1k $5.2m | Reduced -44.9k |
| Olstein Capital Management, L.P. 1.09% of their portfolio | 37.5k $5.0m | Reduced -10.5k |
| NEXPOINT ASSET MANAGEMENT, L.P. 0.35% of their portfolio | 37.4k $5.0m | New |
| THOMPSON SIEGEL & WALMSLEY LLC 0.09% of their portfolio | 37.1k $4.9m | Reduced -6.4k |
| Weiss Asset Management LP 0.08% of their portfolio | 34.9k $4.6m | Not comparable |
| SG Americas Securities, LLC 0.01% of their portfolio | 34.2k $4.5m | Reduced -10.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 34.2k $4.5m | Reduced -35.8k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 32.8k $4.3m | Added +1.4k |
| HEARTLAND ADVISORS INC 0.22% of their portfolio | 32.6k $4.3m | Reduced -21.1k |
| FIFTH THIRD BANCORP 0.01% of their portfolio | 32.4k $4.3m | Added +23.7k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.16% of their portfolio | 32.1k $4.3m | Reduced -3.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 31.3k $4.2m | Reduced -1.3m |
| FMR LLC 0.00% of their portfolio | 31.3k $4.2m | Added +12.8k |
| Hunter Perkins Capital Management, LLC 0.91% of their portfolio | 29.3k $3.9m | Reduced -3.2k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 29.1k $3.9m | Reduced -18.4k |
| S&CO INC 0.24% of their portfolio | 29.1k $3.9m | Reduced -12.7k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 28.8k $3.8m | Added +7.9k |
| Mayar Capital Ltd. 4.46% of their portfolio | 28.2k $3.7m | New |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 26.7k $3.5m | Reduced -670 |