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 ($101.5m this quarter). Holder counts are more reliable. Shares outstanding: 106.7m as of 2025-11-18, 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 ≈ $97.81. Options: 19 managers hold calls ($110.1m notional), 20 hold puts ($70.2m).
Trends to Q4 2025
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 |
| Q4 2024 | 847 |
| Q1 2025 | 835 |
| Q2 2025 | 797 |
| Q3 2025 | 808 |
| Q4 2025 | 822 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 333 | 467 |
| Q2 2024 | 369 | 432 |
| Q3 2024 | 357 | 409 |
| Q4 2024 | 324 | 417 |
| Q1 2025 | 352 | 400 |
| Q2 2025 | 373 | 384 |
| Q3 2025 | 355 | 373 |
| Q4 2025 | 303 | 437 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $139.0m | $98.7m | 0.71 |
| Q2 2025 | $177.8m | $124.5m | 0.70 |
| Q3 2025 | $162.5m | $137.6m | 0.85 |
| Q4 2025 | $110.1m | $70.2m | 0.64 |
Biggest buyers
| UBS Group AG | Added | +2.8m |
| Point72 Asset Management, L.P. | New | +1.8m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Added | +1.5m |
| CITADEL ADVISORS LLC | Added | +887.8k |
| DIMENSIONAL FUND ADVISORS LP | Added | +850.9k |
| Squarepoint Ops LLC | Added | +542.2k |
| NewEdge Advisors, LLC | Added | +528.4k |
| MARSHALL WACE, LLP | Added | +364.9k |
| MORGAN STANLEY | Added | +357.3k |
| D. E. Shaw & Co., Inc. | Added | +334.8k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -1.3m |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -1.0m |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -759.7k |
| Assenagon Asset Management S.A. | Reduced | -652.6k |
| TWO SIGMA ADVISERS, LP | Reduced | -601.3k |
| Boston Partners | Sold out | -441.0k |
| NATIXIS | Reduced | -421.3k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -350.2k |
| Balyasny Asset Management L.P. | Reduced | -346.2k |
| DEUTSCHE BANK AG\ | Reduced | -265.9k |
Biggest calls
| BARCLAYS PLC | Unchanged | $21.8m222.6k shares |
| JANE STREET GROUP, LLC | Added | $16.9m173.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $12.1m123.6k shares |
| Twin Tree Management, LP | Reduced | $8.9m90.5k shares |
| IMC-Chicago, LLC | Reduced | $8.6m88.2k shares |
| CITADEL ADVISORS LLC | Reduced | $8.3m84.4k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $5.2m53.5k shares |
| Walleye Trading LLC | Added | $5.1m51.7k shares |
| PEAK6 LLC | Reduced | $4.6m47.0k shares |
| SIMPLEX TRADING, LLC | Added | $4.5m46.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $24.8m253.6k shares |
| CITADEL ADVISORS LLC | Added | $11.3m115.6k shares |
| IMC-Chicago, LLC | Added | $5.8m59.6k shares |
| PEAK6 LLC | Reduced | $4.1m41.6k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $4.1m41.5k shares |
| JANE STREET GROUP, LLC | Reduced | $3.7m38.0k shares |
| Walleye Trading LLC | Reduced | $3.6m36.7k shares |
| BARCLAYS PLC | Reduced | $2.1m21.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $2.1m21.5k shares |
| Walleye Capital LLC | Reduced | $1.8m18.6k 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 Q4 2025
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 |
|---|---|---|---|---|---|
| Q1 2024 | 1 | $110.0k | 1 | $1.2m | — |
| Q2 2024 | 0 | — | 1 | $1.1m | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 1 | $112.3k | — |
| Q1 2025 | 1 | $100.5k | 3 | $1.5m | — |
| Q2 2025 | 1 | $100.9k | 0 | — | — |
| Q3 2025 | 0 | — | 2 | $1.9m | — |
| Q4 2025 | 0 | — | 0 | — | — |
None reported in Q4 2025.
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 12.5m $1.2bn | Reduced -32.3k |
| BlackRock, Inc. 0.01% of their portfolio | 8.5m $830.1m | Reduced -129.4k |
| STATE STREET CORP 0.02% of their portfolio | 7.2m $702.3m | Added +11.5k |
| BARCLAYS PLC 0.16% of their portfolio | 4.1m $401.5m | Added +145.6k |
| UBS Group AG 0.08% of their portfolio | 3.9m $383.8m | Added +2.8m |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 3.4m $331.8m | Added +850.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 2.8m $275.5m | Added +2.9k |
| Invesco Ltd. 0.03% of their portfolio | 2.8m $272.2m | Added +151.9k |
| CITADEL ADVISORS LLC 0.18% of their portfolio | 2.6m $257.7m | Added +887.8k |
| MORGAN STANLEY 0.01% of their portfolio | 2.5m $243.2m | Added +357.3k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.60% of their portfolio | 2.1m $201.3m | Added +1.5m |
| Point72 Asset Management, L.P. 0.28% of their portfolio | 1.8m $180.3m | New |
| ARIEL INVESTMENTS, LLC 1.70% of their portfolio | 1.6m $157.4m | Added +65.4k |
| Balyasny Asset Management L.P. 0.29% of their portfolio | 1.6m $154.8m | Reduced -346.2k |
| FMR LLC 0.01% of their portfolio | 1.5m $150.3m | Reduced -129.6k |
| ProShare Advisors LLC 0.26% of their portfolio | 1.5m $150.1m | Reduced -27.7k |
| MILLENNIUM MANAGEMENT LLC 0.10% of their portfolio | 1.4m $133.7m | Reduced -206.9k |
| Capitolis Liquid Global Markets LLC 0.76% of their portfolio | 1.3m $128.2m | Added +271.0k |
| MARSHALL WACE, LLP 0.12% of their portfolio | 1.2m $121.3m | Added +364.9k |
| TWO SIGMA INVESTMENTS, LP 0.17% of their portfolio | 1.2m $115.2m | Reduced -350.2k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 1.1m $112.0m | Reduced -265.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.1m $109.5m | Reduced -104.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.1m $103.7m | Added +6.5k |
| NORGES BANK 0.01% of their portfolio | 950.4k $93.0m | Not comparable |
| Bank of New York Mellon Corp 0.02% of their portfolio | 944.8k $92.4m | Reduced -4.8k |
| Amundi 0.02% of their portfolio | 930.4k $91.0m | Added +104.8k |
| TWO SIGMA ADVISERS, LP 0.17% of their portfolio | 895.3k $87.6m | Reduced -601.3k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 724.3k $70.8m | Added +84.7k |
| LSV ASSET MANAGEMENT 0.15% of their portfolio | 708.9k $69.3m | Reduced -100.5k |
| Nearwater Capital Markets, Ltd 1.14% of their portfolio | 680.0k $66.5m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 664.5k $65.0m | Reduced -62.8k |
| Squarepoint Ops LLC 0.12% of their portfolio | 625.2k $61.2m | Added +542.2k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 571.0k $55.9m | Added +315.1k |
| FIRST TRUST ADVISORS LP 0.04% of their portfolio | 563.5k $55.1m | Added +39.2k |
| STALEY CAPITAL ADVISERS INC 2.19% of their portfolio | 543.9k $53.2m | Reduced -25.9k |
| NewEdge Advisors, LLC 0.19% of their portfolio | 533.4k $52.2m | Added +528.4k |
| Vest Financial, LLC 0.58% of their portfolio | 470.9k $46.1m | Reduced -33.8k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 452.1k $44.2m | Reduced -38.4k |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 433.3k $42.4m | Added +334.8k |
| SG Americas Securities, LLC 0.05% of their portfolio | 394.3k $38.6m | Reduced -202.4k |
| NOMURA ASSET MANAGEMENT CO LTD 0.10% of their portfolio | 384.6k $37.6m | Reduced -8.9k |
| NATIONAL BANK OF CANADA /FI/ 0.04% of their portfolio | 383.0k $37.5m | Reduced -1.0m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 382.1k $37.4m | Reduced -1.3m |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.14% of their portfolio | 370.4k $36.2m | Added +331.2k |
| Legal & General Group Plc 0.01% of their portfolio | 331.6k $32.4m | Reduced -18.9k |
| ExodusPoint Capital Management, LP 0.36% of their portfolio | 329.7k $32.3m | Added +62.8k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 325.0k $31.8m | Added +110.9k |
| FIL Ltd 0.02% of their portfolio | 300.0k $29.3m | Added +223.6k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.03% of their portfolio | 298.8k $29.3m | Added +242.3k |
| Swiss National Bank 0.02% of their portfolio | 292.4k $28.6m | Reduced -15.0k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 290.6k $28.4m | Reduced -10.2k |
| Douglas Lane & Associates, LLC 0.37% of their portfolio | 278.8k $27.3m | Reduced -20.6k |
| California Public Employees Retirement System 0.02% of their portfolio | 272.2k $26.6m | Reduced -60.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 271.3k $26.2m | Added +12.2k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 269.5k $26.4m | Reduced -759.7k |
| Assenagon Asset Management S.A. 0.04% of their portfolio | 266.5k $26.1m | Reduced -652.6k |
| Advisors Capital Management, LLC 0.30% of their portfolio | 257.0k $25.1m | Reduced -26.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 255.1k $25.0m | Reduced -17.3k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 235.9k $23.1m | Reduced -1.2k |
| Bridgewater Associates, LP 0.08% of their portfolio | 233.0k $22.8m | Added +226.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 231.0k $22.6m | Added +15.2k |
| Freestone Grove Partners LP 0.16% of their portfolio | 226.2k $22.1m | Reduced -213.1k |
| Nuveen, LLC 0.01% of their portfolio | 216.1k $21.1m | Reduced -18.4k |
| CWM, LLC 0.06% of their portfolio | 212.5k $20.8m | Reduced -46.2k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 200.3k $19.6m | Added +14.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 189.8k $18.6m | Reduced -7.0k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.04% of their portfolio | 184.1k $18.0m | Added +104.3k |
| Swedbank AB 0.02% of their portfolio | 180.6k $17.7m | Added +27.3k |
| LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio | 180.3k $17.6m | Added +3.4k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.06% of their portfolio | 166.1k $16.2m | Added +138.4k |
| CITIGROUP INC 0.01% of their portfolio | 163.6k $16.0m | Added +41.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 157.7k $15.4m | Added +2.1k |
| Robeco Institutional Asset Management B.V. 0.02% of their portfolio | 157.5k $15.4m | Added +59.3k |
| CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 1.08% of their portfolio | 148.9k $14.6m | Reduced -14.2k |
| GAMCO INVESTORS, INC. ET AL 0.14% of their portfolio | 146.2k $14.3m | Reduced -4.7k |
| Verition Fund Management LLC 0.07% of their portfolio | 138.8k $13.6m | Added +32.9k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio | 132.0k $13.0m | Added +11.8k |
| SPEECE THORSON CAPITAL GROUP INC 2.74% of their portfolio | 129.3k $12.6m | Reduced -34.9k |
| Gradient Investments LLC 0.20% of their portfolio | 128.2k $12.5m | Added +127 |
| GABELLI FUNDS LLC 0.08% of their portfolio | 128.1k $12.5m | Reduced -10.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 124.3k $12.2m | Reduced -22.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 121.0k $11.8m | Reduced -22.3k |
| MAI Capital Management 0.07% of their portfolio | 119.1k $11.7m | Added +5.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 117.6k $11.5m | Reduced -476 |
| Cerity Partners LLC 0.02% of their portfolio | 117.2k $11.5m | Reduced -12.5k |
| PNC Financial Services Group, Inc. 0.01% of their portfolio | 110.9k $10.8m | Reduced -5.7k |
| LPL Financial LLC 0.00% of their portfolio | 104.8k $10.3m | Reduced -10.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 103.4k $10.1m | Added +321 |
| TD Asset Management Inc 0.01% of their portfolio | 103.0k $10.1m | Reduced -25.1k |
| Janney Montgomery Scott LLC 0.02% of their portfolio | 102.6k $10.0m | Added +2.2k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 99.8k $9.8m | Added +30.6k |
| LBP AM SA 0.11% of their portfolio | 98.6k $9.6m | Added +84.3k |
| Night Squared LP 2.69% of their portfolio | 97.4k $9.5m | New |
| DNB Asset Management AS 0.03% of their portfolio | 97.4k $9.5m | Added +42.7k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio | 96.3k $9.4m | Reduced -800 |
| Hudson Bay Capital Management LP 0.05% of their portfolio | 95.8k $9.4m | Added +26.2k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 93.1k $9.1m | Reduced -14.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 91.9k $9.0m | Added +57.7k |
| Meiji Yasuda Asset Management Co Ltd. 0.43% of their portfolio | 91.0k $8.9m | Added +3.0k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio | 90.2k $8.8m | Added +1.9k |