Vault-13

WK KELLOGG CO KLG

COM SHS · Common Stock · CUSIP 92942W107 · ISIN US92942W1071

380 institutional holders -16 vs Q1 2025
73,373,38673.4m shares reported held*
$1.2bnreported value*
29 new 79 added 123 reduced 47 sold out net sold ≈ $41.8m (-2.6m shares)

* 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 ($11.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $15.94. Options: 9 managers hold calls ($3.6m notional), 10 hold puts ($6.3m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 23: 17Q4 23: 427Q1 24: 406Q2 24: 393Q3 24: 380Q4 24: 401Q1 25: 396Q2 25: 380380Q3 23Q1 24Q3 24Q1 25Q2 25
Numbers
QuarterHolders
Q3 202317
Q4 2023427
Q1 2024406
Q2 2024393
Q3 2024380
Q4 2024401
Q1 2025396
Q2 2025380

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 23: 398 bought or addedQ4 23: 10 cut or sold outQ4 23Q1 24: 146 bought or addedQ1 24: 233 cut or sold outQ2 24: 148 bought or addedQ2 24: 187 cut or sold outQ2 24Q3 24: 113 bought or addedQ3 24: 177 cut or sold outQ4 24: 139 bought or addedQ4 24: 148 cut or sold outQ4 24Q1 25: 137 bought or addedQ1 25: 165 cut or sold outQ2 25: 108 bought or addedQ2 25: 170 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q4 202339810
Q1 2024146233
Q2 2024148187
Q3 2024113177
Q4 2024139148
Q1 2025137165
Q2 2025108170

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2.5m$5m$7.5m$10mQ3 24 calls: $8.8mQ3 24 puts: $3.7mQ3 24P/C 0.42Q4 24 calls: $5.1mQ4 24 puts: $9.1mQ4 24P/C 1.80Q1 25 calls: $4.8mQ1 25 puts: $9.2mQ1 25P/C 1.94Q2 25 calls: $3.6mQ2 25 puts: $6.3mQ2 25P/C 1.74
Numbers
QuarterCallsPutsP/C
Q3 2024$8.8m$3.7m0.42
Q4 2024$5.1m$9.1m1.80
Q1 2025$4.8m$9.2m1.94
Q2 2025$3.6m$6.3m1.74

Biggest buyers

DIMENSIONAL FUND ADVISORS LP Added +422,567+422.6k
TEACHER RETIREMENT SYSTEM OF TEXAS Added +368,674+368.7k
GABELLI FUNDS LLC Added +268,939+268.9k
UBS Group AG Added +199,571+199.6k
GAMCO INVESTORS, INC. ET AL Added +189,162+189.2k
AMERICAN CENTURY COMPANIES INC Added +178,187+178.2k
Brandywine Global Investment Management, LLC New +151,842+151.8k
NewEdge Advisors, LLC Added +136,073+136.1k
ROYAL BANK OF CANADA Added +107,011+107.0k
ExodusPoint Capital Management, LP New +92,961+93.0k

Biggest sellers

LSV ASSET MANAGEMENT Reduced -674,437-674.4k
Cresset Asset Management, LLC Sold out -523,330-523.3k
BlackRock, Inc. Reduced -430,604-430.6k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Sold out -430,365-430.4k
PRIVATE MANAGEMENT GROUP INC Sold out -210,103-210.1k
D. E. Shaw & Co., Inc. Reduced -195,730-195.7k
Invesco Ltd. Reduced -163,261-163.3k
GSA CAPITAL PARTNERS LLP Sold out -160,791-160.8k
BANK OF AMERICA CORP /DE/ Reduced -148,467-148.5k
Verition Fund Management LLC Reduced -127,161-127.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $891.0k55.9k shares
CITADEL ADVISORS LLC Reduced $819.3k51.4k shares
IMC-Chicago, LLC Added $565.9k35.5k shares
JANE STREET GROUP, LLC Added $506.9k31.8k shares
GROUP ONE TRADING LLC Reduced $286.9k18.0k shares
WOLVERINE TRADING, LLC New $196.8k12.3k shares
SIMPLEX TRADING, LLC Added $175.0k11.0k shares
Walleye Capital LLC Reduced $165.8k10.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

JANE STREET GROUP, LLC New $2.1m129.7k shares
SANDLER CAPITAL MANAGEMENT New $1.5m93.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $769.9k48.3k shares
SIMPLEX TRADING, LLC Added $465.0k29.2k shares
IMC-Chicago, LLC Added $446.3k28.0k shares
GROUP ONE TRADING LLC Reduced $412.8k25.9k shares
Walleye Trading LLC Added $365.0k22.9k shares
CITADEL ADVISORS LLC Reduced $272.6k17.1k shares
Walleye Capital LLC Reduced $9.6k600 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.

HolderStakeChangeShares Last filed
Platin Holdings S.a r.l. 13G · passive investor new · filed 2025-01-24 5.0% new 4.3m 2025-01-24

Fell to 5% or below in the last year: NORTHERN TRUST CORP (0.0%, 2026-02-17), Capital International Investors (0.0%, 2025-11-13)

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 KELLOGG W K FOUNDATION TRUST 5.56% of their portfolio CHICAGO, IL 13,505,15913.5m $215.3m $215.3m 5.56% Unchanged
2 BlackRock, Inc. 0.00% of their portfolio New York, NY 9,537,1479.5m $152.0m $152.0m 0.00% Reduced -430.6k -430,604
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 5,622,3745.6m $89.6m $89.6m 0.00% Reduced -18.1k -18,079
4 KEYBANK NATIONAL ASSOCIATION/OH 0.29% of their portfolio BROOKLYN, OH 4,814,2974.8m $76.7m $76.7m 0.29% Reduced -205 -205
5 Capital International Investors 0.01% of their portfolio Los Angeles, CA 4,412,1894.4m $70.3m $70.3m 0.01% Unchanged
6 JUPITER ASSET MANAGEMENT LTD 0.38% of their portfolio London, X0 2,894,7552.9m $46.1m $46.1m 0.38% Reduced -44.2k -44,246
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,462,9342.5m $39.3m $39.3m 0.00% Reduced -22.6k -22,620
8 LSV ASSET MANAGEMENT 0.09% of their portfolio CHICAGO, IL 2,364,1002.4m $37.7m $37.7m 0.09% Reduced -674.4k -674,437
9 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 1,934,9971.9m $30.8m $30.8m 0.02% Added +178.2k +178,187
10 CAPTRUST FINANCIAL ADVISORS 0.07% of their portfolio RALEIGH, NC 1,865,3731.9m $29.7m $29.7m 0.07% Added +80.9k +80,886
11 D. E. Shaw & Co., Inc. 0.03% of their portfolio New York, NY 1,586,0011.6m $25.3m $25.3m 0.03% Reduced -195.7k -195,730
12 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,502,2051.5m $23.9m $23.9m 0.00% Reduced -23.0k -23,017
13 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,281,2891.3m $20.4m $20.4m 0.00% Reduced -27.0k -27,042
14 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 1,247,2101.2m $19.9m $19.9m 0.00% Added +422.6k +422,567
15 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,245,3251.2m $19.9m $19.9m 0.00% Reduced -91.5k -91,494
16 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,047,2691.0m $16.7m $16.7m 0.00% Added +17.9k +17,860
17 UBS Group AG 0.00% of their portfolio ZURICH, V8 998,824998.8k $15.9m $15.9m 0.00% Added +199.6k +199,571
18 FMR LLC 0.00% of their portfolio BOSTON, MA 997,720997.7k $15.9m $15.9m 0.00% Reduced -1.8k -1,800
19 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 953,382953.4k $15.2m $15.2m 0.00% Added +5.9k +5,889
20 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 740,657740.7k $11.8m $11.8m 0.00% Reduced -79.5k -79,532
21 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 727,967728.0k $11.6m $11.6m 0.00% Reduced -38.0k -38,014
22 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio Los Angeles, CA 652,810652.8k $10.4m $10.4m 0.03% Reduced -58.3k -58,340
23 GAMCO INVESTORS, INC. ET AL 0.10% of their portfolio GREENWICH, CT 622,631622.6k $9.9m $9.9m 0.10% Added +189.2k +189,162
24 Rodgers Brothers Inc. 1.10% of their portfolio Harmony, PA 546,299546.3k $8.7m $8.7m 1.10% Reduced -2.0k -1,976
25 TEACHER RETIREMENT SYSTEM OF TEXAS 0.04% of their portfolio AUSTIN, TX 538,745538.7k $8.6m $8.6m 0.04% Added +368.7k +368,674
26 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 506,869506.9k $8.1m $8.1m 0.00% Reduced -163.3k -163,261
27 GABELLI FUNDS LLC 0.04% of their portfolio Rye, NY 342,464342.5k $5.5m $5.5m 0.04% Added +268.9k +268,939
28 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 329,214329.2k $5.2m $5.2m 0.00% Reduced -1.8k -1,770
29 Inlet Private Wealth, LLC 1.26% of their portfolio Jupiter, FL 321,040321.0k $5.1m $5.1m 1.26% Added +500 +500
30 AWH Capital, L.P. 5.88% of their portfolio DALLAS, TX 316,450316.4k $5.0m $5.0m 5.88% Unchanged
31 Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio FRANKFURT AM MAIN, 2M 281,134281.1k $4.5m $4.5m 0.01% Reduced -111.3k -111,327
32 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 259,522259.5k $4.1m $4.1m 0.00% Reduced -24.7k -24,728
33 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 258,079258.1k $4.1m $4.1m 0.01% Reduced -68.1k -68,087
34 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 234,128234.1k $3.7m $3.7m 0.01% Added +48.8k +48,837
35 WINTON GROUP Ltd 0.19% of their portfolio LONDON, X0 232,109232.1k $3.7m $3.7m 0.19% Reduced -33.1k -33,101
36 Public Sector Pension Investment Board 0.02% of their portfolio MONTREAL, A8 226,459226.5k $3.6m $3.6m 0.02% Added +16.2k +16,218
37 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 219,999220.0k $3.5m $3.5m 0.00% Added +74.4k +74,359
38 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 216,230216.2k $3.4m $3.4m 0.00% Added +87.9k +87,866
39 Legal & General Group Plc 0.00% of their portfolio London, X0 189,279189.3k $3.0m $3.0m 0.00% Added +9.8k +9,800
40 Factorial Partners, LLC 2.17% of their portfolio MT. KISCO, NY 188,000188.0k $3.0m $3.0m 2.17% Reduced -12.0k -12,000
41 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 186,988187.0k $3.0m $3.0m 0.00% Added +2.5k +2,543
42 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 186,265186.3k $3.0m $3.0m 0.00% Reduced -2.4k -2,420
43 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 170,682170.7k $2.7m $2.7m 0.00% Added +107.0k +107,011
44 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 155,695155.7k $2.5m $2.5m 0.00% Reduced -148.5k -148,467
45 Brandywine Global Investment Management, LLC 0.02% of their portfolio PHILADELPHIA, PA 151,842151.8k $2.4m $2.4m 0.02% New
46 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 150,900150.9k $2.4m $2.4m 0.00% Reduced -110.6k -110,600
47 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 149,274149.3k $2.4m $2.4m 0.01% Reduced -127.2k -127,161
48 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 147,846147.8k $2.4m $2.4m 0.00% Reduced -29.9k -29,914
49 ROYCE & ASSOCIATES LP 0.02% of their portfolio New York, NY 140,895140.9k $2.2m $2.2m 0.02% Unchanged
50 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 136,767136.8k $2.2m $2.2m 0.01% Added +136.1k +136,073
51 SALEM INVESTMENT COUNSELORS INC 0.07% of their portfolio WINSTON-SALEM, NC 134,083134.1k $2.1m $2.1m 0.07% Reduced -23.9k -23,893
52 NORDEA INVESTMENT MANAGEMENT AB 0.00% of their portfolio STOCKHOLM, V7 132,745132.7k $2.1m $2.1m 0.00% Added +2.0k +2,048
53 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 127,439127.4k $2.0m $2.0m 0.00% Reduced -106.3k -106,296
54 HUSSMAN STRATEGIC ADVISORS, INC. 0.46% of their portfolio ELLICOTT CITY, MD 126,000126.0k $2.0m $2.0m 0.46% Unchanged
55 Swiss National Bank 0.00% of their portfolio ZURICH, V8 123,500123.5k $2.0m $2.0m 0.00% Reduced -10.7k -10,700
56 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 123,121123.1k $2.0m $2.0m 0.00% Added +34.3k +34,289
57 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 118,139118.1k $1.9m $1.9m 0.01% Reduced -6.3k -6,334
58 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 114,485114.5k $1.8m $1.8m 0.00% Reduced -2.0k -1,995
59 Gotham Asset Management, LLC 0.01% of their portfolio NEW YORK, NY 107,611107.6k $1.7m $1.7m 0.01% Reduced -9.5k -9,499
60 EXCHANGE TRADED CONCEPTS, LLC 0.02% of their portfolio Oklahoma City, OK 99,02099.0k $1.6m $1.6m 0.02% Added +4.1k +4,067
61 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 97,47097.5k $1.6m $1.6m 0.00% Reduced -81.3k -81,274
62 ExodusPoint Capital Management, LP 0.02% of their portfolio NEW YORK, NY 92,96193.0k $1.5m $1.5m 0.02% New
63 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 92,78992.8k $1.5m $1.5m 0.00% Reduced -3.4k -3,376
64 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 83,56583.6k $1.3m $1.3m 0.00% Added +5.7k +5,685
65 Patrick Mauro Investment Advisor, INC. 0.65% of their portfolio OAK BROOK, IL 75,30375.3k $1.1m $1.1m 0.65% Added +5.1k +5,145
66 DAYMARK WEALTH PARTNERS, LLC 0.04% of their portfolio CINCINNATI, OH 74,00074.0k $1.2m $1.2m 0.04% Unchanged
67 Camelot Portfolios, LLC 0.69% of their portfolio Maumee, OH 72,57872.6k $1.2m $1.2m 0.69% Reduced -2.7k -2,673
68 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio ALBANY, NY 70,51570.5k $1.1m $1.1m 0.00% Added +100 +100
69 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 68,62368.6k $1.2m $1.2m 0.00% Added +3.5k +3,524
70 Westhampton Capital, LLC 0.55% of their portfolio WINSTON-SALEM, NC 67,18267.2k $1.1m $1.1m 0.55% Reduced -1.1k -1,112
71 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 63,11363.1k $1.0m $1.0m 0.00% Reduced -925 -925
72 TWINBEECH CAPITAL LP 0.02% of their portfolio PURCHASE, NY 58,87958.9k $938.5k $938.5k 0.02% Added +39.7k +39,747
73 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 58,85358.9k $938.1k $938.1k 0.00% Reduced -37.5k -37,472
74 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 48,84148.8k $779.0k $779.0k 0.00% Added +144 +144
75 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 48,36648.4k $771.0k $771.0k 0.00% Added +1.6k +1,642
76 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 47,24147.2k $754.0k $754.0k 0.00% Added +2.6k +2,630
77 SummitTX Capital, L.P. 0.03% of their portfolio FORT WORTH, TX 44,03144.0k $701.9k $701.9k 0.03% Reduced -11.4k -11,409
78 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 43,80943.8k $698.3k $698.3k 0.00% Reduced -97.1k -97,084
79 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 42,68342.7k $680.4k $680.4k 0.00% Added +2.1k +2,075
80 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 41,67141.7k $664.2k $664.2k 0.00% Reduced -29.4k -29,354
81 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 39,86439.9k $635.4k $635.4k 0.00% Unchanged
82 State of Alaska, Department of Revenue 0.01% of their portfolio JUNEAU, AK 39,52239.5k $629.0k $629.0k 0.01% Added +2.8k +2,787
83 Illinois Municipal Retirement Fund 0.01% of their portfolio OAK BROOK, IL 38,68238.7k $616.6k $616.6k 0.01% Added +5.5k +5,515
84 CWA Asset Management Group, LLC 0.02% of their portfolio NAPLES, FL 36,97937.0k $589.4k $589.4k 0.02% Added +7.3k +7,257
85 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 36,53936.5k $582.0k $582.0k 0.00% Reduced -11.4k -11,434
86 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 36,46936.5k $581.3k $581.3k 0.00% Added +36.1k +36,110
87 A&I FINANCIAL SERVICES, LLC 0.33% of their portfolio LONE TREE, CO 36,29336.3k $578.5k $578.5k 0.33% Added +2.4k +2,409
88 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 36,14336.1k $576.1k $576.1k 0.00% Reduced -2.8k -2,794
89 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 35,72435.7k $569.4k $569.4k 0.00% Reduced -75.4k -75,442
90 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 34,34734.3k $547.5k $547.5k 0.00% New
91 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 34,30234.3k $546.8k $546.8k 0.00% Reduced -476 -476
92 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 34,12234.1k $543.9k $543.9k 0.00% Reduced -4.9k -4,875
93 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 34,01734.0k $542.2k $542.2k 0.00% Reduced -40.0k -40,035
94 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio Boston, MA 33,58433.6k $535.3k $535.3k 0.00% Added +414 +414
95 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 32,55232.6k $519.2k $519.2k 0.00% Added +8.2k +8,224
96 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 31,80031.8k $506.6k $506.6k 0.00% Unchanged
97 Louisiana State Employees Retirement System 0.01% of their portfolio BATON ROUGE, LA 31,00031.0k $494.1k $494.1k 0.01% Reduced -200 -200
98 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 29,92329.9k $477.0k $477.0k 0.00% Reduced -1.7k -1,710
99 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 29,73529.7k $474.0k $474.0k 0.00% Reduced -2.0k -1,996
100 COMERICA BANK 0.00% of their portfolio DALLAS, TX 29,71529.7k $473.7k $473.7k 0.00% Reduced -504 -504