TEUCRIUM COMMODITY TR CORN
CORN FD SHS · ETP · CUSIP 88166A102
- SectorFinancials
- IndustryCommodity Contracts Brokers & Dealers
- HeadquartersBurlington, VT
- 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. Holder counts are more reliable. Implied quarter-end price ≈ $17.73. Options: 5 managers hold calls ($2.6m notional), 1 hold puts ($21.3k).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 57 |
| Q4 2022 | 48 |
| Q1 2023 | 45 |
| Q2 2023 | 36 |
| Q3 2023 | 36 |
| Q4 2023 | 31 |
| Q1 2024 | 31 |
| Q2 2024 | 29 |
| Q3 2024 | 23 |
| Q4 2024 | 28 |
| Q1 2025 | 22 |
| Q2 2025 | 21 |
| Q3 2025 | 25 |
| Q4 2025 | 22 |
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 | 11 | 17 |
| Q2 2024 | 10 | 14 |
| Q3 2024 | 7 | 14 |
| Q4 2024 | 14 | 7 |
| Q1 2025 | 7 | 16 |
| Q2 2025 | 9 | 8 |
| Q3 2025 | 11 | 9 |
| Q4 2025 | 5 | 15 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $4.0m | $206.0k | 0.05 |
| Q2 2025 | $5.5m | $200.0k | 0.04 |
| Q3 2025 | $1.4m | $181.5k | 0.13 |
| Q4 2025 | $2.6m | $21.3k | 0.01 |
Biggest buyers
| Militia Capital Partners, LP | New | +97.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +49.5k |
| CITADEL ADVISORS LLC | Added | +24.0k |
| FLOW TRADERS U.S. LLC | Added | +1.6k |
| UBS Group AG | New | +491 |
Biggest sellers
| Mirae Asset Global Investments Co., Ltd. | Reduced | -17.5k |
| Rockefeller Capital Management L.P. | Reduced | -15.2k |
| SIMPLEX TRADING, LLC | Sold out | -8.9k |
| LPL Financial LLC | Reduced | -8.4k |
| JPMORGAN CHASE & CO | Reduced | -5.5k |
| NewEdge Advisors, LLC | Sold out | -1.2k |
| MORGAN STANLEY | Reduced | -1.2k |
| HARBOUR INVESTMENTS, INC. | Reduced | -1.0k |
| Cetera Investment Advisers | Reduced | -746 |
| Wealthspire Advisors, LLC | Sold out | -595 |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.4m81.1k shares |
| CITADEL ADVISORS LLC | New | $377.6k21.3k shares |
| JANE STREET GROUP, LLC | Reduced | $312.0k17.6k shares |
| GROUP ONE TRADING LLC | Unchanged | $244.7k13.8k shares |
| IMC-Chicago, LLC | New | $225.2k12.7k shares |
Biggest puts
| GROUP ONE TRADING LLC | Added | $21.3k1.2k 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.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: HIGHLAND GLOBAL ALLOCATION FUND (0.0%, 2025-11-14)
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.
None reported in Q4 2025.
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| Militia Capital Partners, LP 0.33% of their portfolio | 97.6k $1.7m | New |
| Teucrium Investment Advisors, LLC 1.74% of their portfolio | 89.2k $1.6m | First filing |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 66.1k $1.2m | Added +49.5k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 60.0k $1.1m | Reduced -17.5k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 34.6k $612.8k | Added +24.0k |
| LPL Financial LLC 0.00% of their portfolio | 24.9k $441.2k | Reduced -8.4k |
| FLOW TRADERS U.S. LLC 0.01% of their portfolio | 20.1k $356.0k | Added +1.6k |
| Cetera Investment Advisers 0.00% of their portfolio | 13.3k $235.3k | Reduced -746 |
| Mariner, LLC 0.00% of their portfolio | 11.9k $211.3k | Unchanged |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 10.4k $184.1k | Reduced -15.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 5.5k $97.2k | Reduced -5.5k |
| Safe Harbor Fiduciary, LLC 0.06% of their portfolio | 3.7k $65.6k | First filing |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 2.6k $46.3k | Reduced -547 |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 2.0k $35.4k | Reduced -1.0k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 792 $14.0k | Reduced -154 |
| CWM, LLC 0.00% of their portfolio | 591 $10.0k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 491 $8.7k | New |
| Strategic Investment Solutions, Inc. /IL 0.00% of their portfolio | 400 $7.1k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 100 $1.8k | Reduced -1.2k |
| Sound Income Strategies, LLC 0.00% of their portfolio | 100 $1.7k | Unchanged |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 80 $1.4k | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 76 $1.3k | Unchanged |