SMUCKER J M CO SJM
COM NEW · Common Stock · CUSIP 832696405 · ISIN US8326964058
American food manufacturer
- SectorConsumer staples
- IndustryCanned, Fruits, Veg, Preserves, Jams & Jellies
- HeadquartersOrrville, OH
- Founded1897
- Websitejmsmucker.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 ($82.2m this quarter). Holder counts are more reliable. Shares outstanding: 106.4m as of 2024-08-21, 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 ≈ $120.74. Options: 21 managers hold calls ($154.2m notional), 21 hold puts ($118.8m).
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 883 |
| Q4 2022 | 926 |
| Q1 2023 | 946 |
| Q2 2023 | 925 |
| Q3 2023 | 888 |
| Q4 2023 | 903 |
| Q1 2024 | 884 |
| Q2 2024 | 854 |
| Q3 2024 | 848 |
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 | 432 | 357 |
| Q1 2023 | 399 | 401 |
| Q2 2023 | 376 | 427 |
| Q3 2023 | 358 | 458 |
| Q4 2023 | 376 | 442 |
| Q1 2024 | 333 | 467 |
| Q2 2024 | 369 | 432 |
| Q3 2024 | 357 | 409 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $142.6m | $232.4m | 1.63 |
| Q1 2024 | $164.3m | $147.8m | 0.90 |
| Q2 2024 | $169.7m | $112.6m | 0.66 |
| Q3 2024 | $154.2m | $118.8m | 0.77 |
Biggest buyers
| FMR LLC | Added | +958.1k |
| STATE STREET CORP | Added | +762.7k |
| Thrivent Financial for Lutherans | Added | +521.4k |
| Junto Capital Management LP | New | +505.9k |
| Invesco Ltd. | Added | +503.8k |
| Candlestick Capital Management LP | New | +419.1k |
| FIL Ltd | Added | +376.4k |
| Boston Partners | Added | +321.5k |
| ARIEL INVESTMENTS, LLC | Added | +276.3k |
| FIRST TRUST ADVISORS LP | Added | +262.1k |
Biggest sellers
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.0m |
| Amundi | Reduced | -593.6k |
| Point72 Asset Management, L.P. | Reduced | -444.7k |
| Qube Research & Technologies Ltd | Sold out | -373.4k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -275.0k |
| CITADEL ADVISORS LLC | Reduced | -258.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -238.8k |
| Squarepoint Ops LLC | Reduced | -195.5k |
| GOLDMAN SACHS GROUP INC | Reduced | -188.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -183.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $31.7m261.4k shares |
| CITADEL ADVISORS LLC | Reduced | $28.1m232.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $17.8m147.1k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $15.2m125.8k shares |
| JANE STREET GROUP, LLC | Reduced | $12.5m103.5k shares |
| IMC-Chicago, LLC | Added | $9.2m75.6k shares |
| BARCLAYS PLC | Unchanged | $6.1m50.0k shares |
| Walleye Capital LLC | Reduced | $5.9m49.0k shares |
| Cubist Systematic Strategies, LLC | Reduced | $5.7m47.1k shares |
| GTS SECURITIES LLC | Reduced | $5.5m45.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $31.2m257.4k shares |
| CITADEL ADVISORS LLC | Added | $27.9m230.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $14.8m122.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $11.0m90.8k shares |
| WOLVERINE TRADING, LLC | Reduced | $5.8m48.2k shares |
| IMC-Chicago, LLC | Added | $5.0m41.0k shares |
| Walleye Capital LLC | Reduced | $3.7m30.2k shares |
| GTS SECURITIES LLC | Reduced | $3.1m25.8k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $2.2m18.3k shares |
| PEAK6 Investments LLC | Reduced | $2.2m18.1k 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.2% |
| BlackRock, Inc. 13G · institution filed 2026-04-27 | 5.9% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q3 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 |
|---|---|---|---|---|---|
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 5 | $19.1m | — |
| Q2 2023 | 0 | — | 3 | $6.0m | — |
| Q3 2023 | 0 | — | 2 | $1.4m | — |
| Q4 2023 | 1 | $125.0k | 1 | $186.8k | — |
| Q1 2024 | 1 | $110.0k | 1 | $1.2m | — |
| Q2 2024 | 0 | — | 1 | $1.1m | — |
| Q3 2024 | 0 | — | 0 | — | — |
None reported in Q3 2024.
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 13.2m $1.6bn | Added +202.5k |
| BlackRock, Inc. 0.02% of their portfolio | 8.2m $997.1m | First filing |
| STATE STREET CORP 0.04% of their portfolio | 7.1m $861.1m | Added +762.7k |
| Boston Partners 0.49% of their portfolio | 3.4m $413.7m | Added +321.5k |
| FMR LLC 0.02% of their portfolio | 3.4m $406.2m | Added +958.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 2.6m $308.0m | Reduced -113.7k |
| Invesco Ltd. 0.05% of their portfolio | 2.0m $241.7m | Added +503.8k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 2.0m $239.2m | Added +192.1k |
| ARIEL INVESTMENTS, LLC 2.02% of their portfolio | 1.6m $197.5m | Added +276.3k |
| ProShare Advisors LLC 0.46% of their portfolio | 1.5m $186.2m | Added +11.7k |
| MORGAN STANLEY 0.01% of their portfolio | 1.5m $185.4m | Reduced -154.6k |
| Champlain Investment Partners, LLC 1.04% of their portfolio | 1.4m $171.6m | Reduced -39.4k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.4m $170.5m | Added +106.3k |
| NORDEA INVESTMENT MANAGEMENT AB 0.16% of their portfolio | 1.2m $141.6m | Added +6.0k |
| NORGES BANK 0.02% of their portfolio | 1.2m $139.9m | Reduced -755 |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 1.1m $138.8m | Reduced -2.9k |
| CITADEL ADVISORS LLC 0.13% of their portfolio | 1.1m $128.5m | Reduced -258.3k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.0m $124.6m | Reduced -29.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 990.6k $120.0m | Added +13.3k |
| DEUTSCHE BANK AG\ 0.05% of their portfolio | 960.5k $116.3m | Reduced -9.6k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 859.6k $104.1m | Added +493 |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 812.0k $98.3m | Added +34.8k |
| FIRST TRUST ADVISORS LP 0.09% of their portfolio | 786.2k $95.2m | Added +262.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 777.9k $94.2m | Reduced -116.5k |
| Legal & General Group Plc 0.02% of their portfolio | 752.1k $91.1m | Reduced -62.2k |
| BANK OF MONTREAL /CAN/ 0.04% of their portfolio | 732.3k $88.7m | Reduced -72.7k |
| Tandem Investment Advisors, Inc. 3.06% of their portfolio | 667.7k $80.9m | Reduced -21.3k |
| TWO SIGMA INVESTMENTS, LP 0.18% of their portfolio | 667.2k $80.8m | Reduced -275.0k |
| TWO SIGMA ADVISERS, LP 0.17% of their portfolio | 610.7k $74.0m | Added +45.4k |
| Thrivent Financial for Lutherans 0.13% of their portfolio | 579.9k $70.2m | Added +521.4k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 538.5k $65.2m | Reduced -188.8k |
| Junto Capital Management LP 1.38% of their portfolio | 505.9k $61.3m | New |
| STALEY CAPITAL ADVISERS INC 2.70% of their portfolio | 498.2k $60.3m | Reduced -950 |
| FIL Ltd 0.05% of their portfolio | 492.5k $59.6m | Added +376.4k |
| California Public Employees Retirement System 0.04% of their portfolio | 486.1k $58.9m | Reduced -22.6k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 474.7k $57.5m | Reduced -7.9k |
| Point72 Asset Management, L.P. 0.18% of their portfolio | 427.7k $51.8m | Reduced -444.7k |
| AMF Tjanstepension AB 0.37% of their portfolio | 425.0k $51.5m | Unchanged |
| Amundi 0.02% of their portfolio | 420.9k $49.2m | Reduced -593.6k |
| Candlestick Capital Management LP 2.08% of their portfolio | 419.1k $50.8m | New |
| Vest Financial, LLC 0.97% of their portfolio | 413.8k $50.1m | Added +38.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio | 345.6k $41.9m | Reduced -83.2k |
| ExodusPoint Capital Management, LP 0.43% of their portfolio | 342.5k $41.5m | Added +54.3k |
| NOMURA ASSET MANAGEMENT CO LTD 0.13% of their portfolio | 336.2k $40.7m | Added +18.4k |
| Swiss National Bank 0.02% of their portfolio | 315.9k $38.3m | Added +1.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 313.0k $37.9m | Added +3.9k |
| BARCLAYS PLC 0.02% of their portfolio | 309.2k $37.4m | Added +49.6k |
| TD Asset Management Inc 0.03% of their portfolio | 307.6k $37.3m | Reduced -15.0k |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 303.4k $36.7m | Reduced -128.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.13% of their portfolio | 286.8k $34.7m | Reduced -238.8k |
| UBS Group AG 0.01% of their portfolio | 271.2k $32.8m | Added +53.4k |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 259.4k $31.4m | Added +18.8k |
| Douglas Lane & Associates, LLC 0.42% of their portfolio | 254.3k $30.8m | Added +7.4k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 231.2k $28.0m | Reduced -5.4k |
| Advisors Capital Management, LLC 0.45% of their portfolio | 230.6k $27.9m | Added +6.0k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 207.2k $1.7k | Added +203.1k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 201.5k $24.4m | Reduced -4.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 199.8k $24.2m | Reduced -3.0k |
| CWM, LLC 0.10% of their portfolio | 198.6k $24.1m | Added +28 |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.17% of their portfolio | 196.4k $23.8m | Added +14.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 193.8k $23.5m | Added +5.1k |
| Verition Fund Management LLC 0.14% of their portfolio | 176.3k $21.4m | Added +46.4k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 170.4k $20.6m | Reduced -9.3k |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 169.5k $20.5m | Added +21.2k |
| Lighthouse Investment Partners, LLC 1.10% of their portfolio | 168.8k $20.4m | Added +18.2k |
| GAMCO INVESTORS, INC. ET AL 0.20% of their portfolio | 162.3k $19.7m | Added +1.5k |
| LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio | 160.0k $19.4m | Reduced -39.4k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 157.5k $19.1m | Reduced -1.0m |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 152.1k $18.4m | Added +112.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 149.5k $18.1m | Added +664 |
| Assenagon Asset Management S.A. 0.04% of their portfolio | 145.9k $17.7m | Reduced -14.0k |
| Aquatic Capital Management LLC 0.46% of their portfolio | 145.4k $17.6m | Reduced -23.9k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 143.8k $17.4m | Added +73.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 143.7k $17.4m | Reduced -11.9k |
| Mitsubishi UFJ Trust & Banking Corp 0.04% of their portfolio | 140.2k $17.0m | Reduced -3.0k |
| GABELLI FUNDS LLC 0.12% of their portfolio | 137.8k $16.7m | Reduced -200 |
| PNC Financial Services Group, Inc. 0.01% of their portfolio | 136.7k $16.6m | Reduced -1.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 135.5k $16.4m | Added +5.8k |
| Swedbank AB 0.02% of their portfolio | 130.5k $15.8m | Added +2.8k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 127.7k $15.5m | Reduced -62.9k |
| Janney Montgomery Scott LLC 0.04% of their portfolio | 124.3k $15.1m | Added +12.0k |
| CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 1.02% of their portfolio | 123.4k $14.9m | Added +673 |
| CITIGROUP INC 0.01% of their portfolio | 122.5k $14.8m | Reduced -16.0k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 122.5k $14.8m | Reduced -15.6k |
| STOREBRAND ASSET MANAGEMENT AS 0.05% of their portfolio | 119.0k $14.4m | Reduced -809 |
| APG Asset Management N.V. 0.08% of their portfolio | 116.3k $12.6m | Reduced -113.8k |
| TUDOR INVESTMENT CORP ET AL 0.15% of their portfolio | 114.0k $13.8m | Added +16.4k |
| SPEECE THORSON CAPITAL GROUP INC 2.54% of their portfolio | 113.6k $13.8m | Reduced -320 |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 109.7k $13.3m | Added +4.2k |
| Cerity Partners LLC 0.03% of their portfolio | 102.9k $12.5m | Added +6.1k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 102.1k $12.4m | Reduced -2.7k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 101.3k $12.3m | Reduced -55.6k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio | 100.3k $12.1m | Reduced -1.5k |
| Bridgewater Associates, LP 0.07% of their portfolio | 97.3k $11.8m | Reduced -92.5k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio | 96.4k $11.7m | Added +7.7k |
| LPL Financial LLC 0.01% of their portfolio | 94.1k $11.4m | Reduced -11.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 90.8k $11.0m | Reduced -12.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 89.5k $10.8m | Unchanged |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 89.2k $10.8m | Reduced -116 |
| Meiji Yasuda Asset Management Co Ltd. 0.39% of their portfolio | 85.5k $10.4m | Reduced -3.0k |