Vault-13

BUNGE LIMITED BG

COM · Common Stock · CUSIP G16962105 · ISIN BMG169621056

607 institutional holders -2 vs Q4 2022
136,218,942136.2m shares reported held*
$13.0bnreported value*
93 new 219 added 213 reduced 87 sold out net bought ≈ $945.7m (+9.8m 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 ($51.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $95.55. Options: 22 managers hold calls ($221.2m notional), 21 hold puts ($143.5m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 565Q4 22: 609Q1 23: 607607Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022565
Q4 2022609
Q1 2023607

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 285 bought or addedQ4 22: 291 cut or sold outQ4 22Q1 23: 312 bought or addedQ1 23: 300 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022285291
Q1 2023312300

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ3 22 calls: $227.9mQ3 22 puts: $209.1mQ3 22P/C 0.92Q4 22 calls: $143.2mQ4 22 puts: $142.5mQ4 22P/C 1.00Q1 23 calls: $221.2mQ1 23 puts: $143.5mQ1 23P/C 0.65
Numbers
QuarterCallsPutsP/C
Q3 2022$227.9m$209.1m0.92
Q4 2022$143.2m$142.5m1.00
Q1 2023$221.2m$143.5m0.65

Biggest buyers

FMR LLC Added +4,579,003+4.6m
VANGUARD GROUP INC Added +3,090,448+3.1m
STATE STREET CORP Added +2,975,929+3.0m
BlackRock Inc. Added +1,613,493+1.6m
GEODE CAPITAL MANAGEMENT, LLC Added +1,159,939+1.2m
Invesco Ltd. Added +1,100,102+1.1m
NORTHERN TRUST CORP Added +661,565+661.6k
MBB PUBLIC MARKETS I LLC Added +591,723+591.7k
Ergoteles LLC Added +422,890+422.9k
Capital World Investors Added +385,014+385.0k

Biggest sellers

Capital International Investors Sold out -1,732,772-1.7m
MILLENNIUM MANAGEMENT LLC Reduced -1,094,603-1.1m
Balyasny Asset Management L.P. Sold out -828,459-828.5k
CITADEL ADVISORS LLC Reduced -766,747-766.7k
FIRST TRUST ADVISORS LP Reduced -653,062-653.1k
Artemis Investment Management LLP Reduced -501,477-501.5k
SAMLYN CAPITAL, LLC Sold out -486,992-487.0k
Point72 Asset Management, L.P. Reduced -381,010-381.0k
Candlestick Capital Management LP Reduced -365,000-365.0k
JPMORGAN CHASE & CO Reduced -262,042-262.0k

Biggest calls

Twin Tree Management, LP New $70.4m737.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $29.3m306.7k shares
CITADEL ADVISORS LLC Reduced $27.6m288.9k shares
BlackRock Inc. New $20.6m215.6k shares
Walleye Trading LLC Added $12.3m128.7k shares
JANE STREET GROUP, LLC Reduced $8.7m91.0k shares
SIMPLEX TRADING, LLC Added $8.6m89.8k shares
GROUP ONE TRADING LLC Reduced $8.1m85.2k shares
MBB PUBLIC MARKETS I LLC New $5.7m60.0k shares
PEAK6 Investments LLC Added $5.7m59.2k shares

Biggest puts

Twin Tree Management, LP New $31.5m329.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $31.5m329.3k shares
CITADEL ADVISORS LLC Reduced $20.3m212.6k shares
GROUP ONE TRADING LLC Reduced $12.8m134.5k shares
MILLENNIUM MANAGEMENT LLC Added $9.0m94.5k shares
JANE STREET GROUP, LLC Reduced $8.8m92.0k shares
Walleye Trading LLC Reduced $6.4m67.3k shares
SIMPLEX TRADING, LLC Added $5.5m57.6k shares
D. E. Shaw & Co., Inc. Reduced $4.7m49.4k shares
JPMORGAN CHASE & CO New $4.3m45.0k 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.

Insider purchases and sales in Q1 2023

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 Q1 2023.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Capital World Investors 0.39% of their portfolio LOS ANGELES, CA 19,995,34520.0m $1.9bn $1.9bn 0.39% Added +385.0k +385,014
2 VANGUARD GROUP INC 0.04% of their portfolio Valley Forge, PA 18,261,17318.3m $1.7bn $1.7bn 0.04% Added +3.1m +3,090,448
3 BlackRock Inc. 0.04% of their portfolio New York, NY 14,306,36914.3m $1.4bn $1.4bn 0.04% Added +1.6m +1,613,493
4 FMR LLC 0.05% of their portfolio BOSTON, MA 11,023,83211.0m $1.1bn $1.1bn 0.05% Added +4.6m +4,579,003
5 STATE STREET CORP 0.04% of their portfolio BOSTON, MA 6,814,4636.8m $650.9m $650.9m 0.04% Added +3.0m +2,975,929
6 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.19% of their portfolio NEW YORK, NY 4,079,4194.1m $389.7m $389.7m 0.19% Reduced -159.0k -158,986
7 GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio BOSTON, MA 3,100,1583.1m $295.5m $295.5m 0.04% Added +1.2m +1,159,939
8 FIL Ltd 0.32% of their portfolio HAMILTON, D0 2,931,8412.9m $280.0m $280.0m 0.32% Added +104.2k +104,152
9 NORTHERN TRUST CORP 0.05% of their portfolio CHICAGO, IL 2,616,5732.6m $249.9m $249.9m 0.05% Added +661.6k +661,565
10 Bank of New York Mellon Corp 0.05% of their portfolio NEW YORK, NY 2,552,7952.6m $243.8m $243.8m 0.05% Added +273.4k +273,356
11 DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio AUSTIN, TX 2,299,4252.3m $219.6m $219.6m 0.07% Reduced -25.7k -25,712
12 PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio BALTIMORE, MD 1,891,8241.9m $180.7m $180.7m 0.03% Reduced -51.4k -51,431
13 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 1,766,5361.8m $168.7m $168.7m 0.02% Reduced -9.2k -9,179
14 NORGES BANK 0.04% of their portfolio OSLO, Q8 1,704,4921.7m $162.8m $162.8m 0.04% Reduced -161.2k -161,226
15 BANK OF MONTREAL /CAN/ 0.06% of their portfolio TORONTO, A6 1,578,9001.6m $153.7m $153.7m 0.06% Added +371.8k +371,828
16 Invesco Ltd. 0.04% of their portfolio ATLANTA, GA 1,383,1441.4m $132.1m $132.1m 0.04% Added +1.1m +1,100,102
17 Amundi 0.07% of their portfolio Paris, I0 1,380,2751.4m $129.8m $129.8m 0.07% Reduced -25.2k -25,211
18 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio SAN FRANCISCO, CA 1,315,2651.3m $125.6m $125.6m 0.04% Added +302.2k +302,216
19 DEUTSCHE BANK AG\ 0.06% of their portfolio FRANKFURT AM MAIN, 2M 1,098,3751.1m $104.9m $104.9m 0.06% Added +9.1k +9,052
20 CONTINENTAL GRAIN CO 48.79% of their portfolio New York, NY 1,051,2041.1m $100.4m $100.4m 48.79% Unchanged
21 Legal & General Group Plc 0.04% of their portfolio London, X0 1,031,7011.0m $98.5m $98.5m 0.04% Added +50.9k +50,853
22 VAN ECK ASSOCIATES CORP 0.22% of their portfolio NEW YORK, NY 1,009,8801.0m $96.5m $96.5m 0.22% Added +9.9k +9,926
23 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 932,880932.9k $89.1m $89.1m 0.01% Added +269.0k +268,951
24 Alyeska Investment Group, L.P. 0.70% of their portfolio CHICAGO, IL 834,866834.9k $79.7m $79.7m 0.70% Reduced -69.5k -69,483
25 Candlestick Capital Management LP 2.52% of their portfolio GREENWICH, CT 785,000785.0k $75.0m $75.0m 2.52% Reduced -365.0k -365,000
26 LSV ASSET MANAGEMENT 0.17% of their portfolio CHICAGO, IL 774,600774.6k $74.0m $74.0m 0.17% Added +55.7k +55,700
27 NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio NEW YORK, NY 698,823698.8k $66.8m $66.8m 0.06% Reduced -51.1k -51,123
28 MBB PUBLIC MARKETS I LLC 3.80% of their portfolio CHICAGO, IL 686,681686.7k $65.6m $65.6m 3.80% Added +591.7k +591,723
29 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 614,773614.8k $58.7m $58.7m 0.02% Reduced -93.9k -93,890
30 PNC Financial Services Group, Inc. 0.05% of their portfolio Pittsburgh, PA 597,827597.8k $57.1m $57.1m 0.05% Added +8.1k +8,100
31 Swiss National Bank 0.04% of their portfolio ZURICH, V8 594,600594.6k $56.8m $56.8m 0.04% Reduced -22.7k -22,700
32 Nuveen Asset Management, LLC 0.02% of their portfolio CHICAGO, IL 583,731583.7k $55.8m $55.8m 0.02% Added +48.9k +48,948
33 DAVENPORT & Co LLC 0.44% of their portfolio RICHMOND, VA 577,142577.1k $55.1m $55.1m 0.44% Reduced -162.0k -161,951
34 FIRST TRUST ADVISORS LP 0.06% of their portfolio Wheaton, IL 553,233553.2k $52.8m $52.8m 0.06% Reduced -653.1k -653,062
35 Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio CHIYODA-KU, TOKYO, M0 514,855514.9k $49.2m $49.2m 0.04% Reduced -1.1k -1,113
36 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 474,751474.8k $45.3m $45.3m 0.05% Reduced -1.1m -1,094,603
37 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 463,966464.0k $44.3m $44.3m 0.01% Reduced -121.2k -121,242
38 HORIZON KINETICS ASSET MANAGEMENT LLC 0.81% of their portfolio NEW YORK, NY 441,437441.4k $42.2m $42.2m 0.81% Reduced -24.7k -24,679
39 Ergoteles LLC 1.65% of their portfolio NEW YORK, NY 440,992441.0k $42.1m $42.1m 1.65% Added +422.9k +422,890
40 AQR CAPITAL MANAGEMENT LLC 0.09% of their portfolio Greenwich, CT 431,481431.5k $41.0m $41.0m 0.09% Added +73.3k +73,285
41 Allianz Asset Management GmbH 0.08% of their portfolio MUNICH, 2M 426,231426.2k $40.7m $40.7m 0.08% Reduced -229.5k -229,528
42 CREDIT SUISSE AG/ 0.04% of their portfolio ZURICH, V8 422,644422.6k $40.4m $40.4m 0.04% Added +3.7k +3,664
43 Aberdeen Group plc 0.10% of their portfolio EDINBURGH, X0 415,470415.5k $39.7m $39.7m 0.10% Reduced -2.2k -2,165
44 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.06% of their portfolio BALA CYNWYD, PA 405,681405.7k $38.8m $38.8m 0.06% Added +297.7k +297,746
45 Point72 Asset Management, L.P. 0.13% of their portfolio STAMFORD, CT 394,778394.8k $37.7m $37.7m 0.13% Reduced -381.0k -381,010
46 MANAGED ASSET PORTFOLIOS, LLC 5.65% of their portfolio ROCHESTER, MI 389,575389.6k $37.2m $37.2m 5.65% Reduced -16.7k -16,655
47 Clark Capital Management Group, Inc. 0.41% of their portfolio PHILADELPHIA, PA 380,303380.3k $36.3m $36.3m 0.41% New
48 PANAGORA ASSET MANAGEMENT INC 0.22% of their portfolio BOSTON, MA 372,470372.5k $35.6m $35.6m 0.22% Reduced -198.5k -198,489
49 UBS Group AG 0.02% of their portfolio ZURICH, V8 343,736343.7k $32.8m $32.8m 0.02% Added +196 +196
50 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 327,503327.5k $31.3m $31.3m 0.01% Added +50.2k +50,193
51 CANADA LIFE ASSURANCE Co 0.08% of their portfolio WINNIPEG, A2 322,897322.9k $30.9m $30.9m 0.08% Added +21.2k +21,196
52 Verition Fund Management LLC 0.46% of their portfolio GREENWICH, CT 302,682302.7k $28.9m $28.9m 0.46% Added +53.8k +53,791
53 Rheos Capital Works Inc. 1.55% of their portfolio Tokyo, M0 292,000292.0k $27.9m $27.9m 1.55% Added +147.0k +147,000
54 Artemis Investment Management LLP 0.34% of their portfolio EDINBURGH, X0 286,184286.2k $27.3m $27.3m 0.34% Reduced -501.5k -501,477
55 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 285,285285.3k $27.3m $27.3m 0.00% Reduced -262.0k -262,042
56 California Public Employees Retirement System 0.02% of their portfolio Sacramento, CA 281,570281.6k $26.9m $26.9m 0.02% Reduced -58.5k -58,482
57 RHUMBLINE ADVISERS 0.03% of their portfolio BOSTON, MA 277,606277.6k $26.5m $26.5m 0.03% Added +112.0k +112,047
58 PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio DES MOINES, IA 276,872276.9k $26.4m $26.4m 0.02% Added +169.1k +169,146
59 Baker Avenue Asset Management, LP 1.36% of their portfolio SAN FRANCISCO, CA 264,845264.8k $25.3m $25.3m 1.36% Reduced -7.9k -7,867
60 AVIVA PLC 0.11% of their portfolio LONDON, X0 248,622248.6k $23.7m $23.7m 0.11% Added +58.2k +58,213
61 Mitsubishi UFJ Trust & Banking Corp 0.06% of their portfolio TOKYO, M0 239,314239.3k $22.9m $22.9m 0.06% Reduced -7.5k -7,495
62 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio WEST SACRAMENTO, CA 237,817237.8k $22.7m $22.7m 0.03% Reduced -4.7k -4,708
63 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 231,219231.2k $22.1m $22.1m 0.01% Added +112.0k +111,997
64 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 224,237224.2k $21.4m $21.4m 0.04% Added +170.3k +170,335
65 STOREBRAND ASSET MANAGEMENT AS 0.11% of their portfolio LYSAKER, Q8 218,006218.0k $20.8m $20.8m 0.11% Reduced -25.5k -25,458
66 COHEN & STEERS, INC. 0.04% of their portfolio NEW YORK, NY 214,511214.5k $20.5m $20.5m 0.04% Reduced -30.2k -30,157
67 Swedbank AB 0.04% of their portfolio STOCKHOLM, V7 206,324206.3k $19.7m $19.7m 0.04% Added +4.2k +4,209
68 HSBC HOLDINGS PLC 0.03% of their portfolio LONDON, X0 205,227205.2k $19.6m $19.6m 0.03% Added +155.7k +155,703
69 Ensign Peak Advisors, Inc 0.04% of their portfolio SALT LAKE CITY, UT 196,564196.6k $18.8m $18.8m 0.04% Added +930 +930
70 AXA S.A. 0.06% of their portfolio PARIS, I0 185,543185.5k $17.7m $17.7m 0.06% Reduced -12.1k -12,106
71 VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ATLANTA, GA 184,528184.5k $17.6m $17.6m 0.02% Added +31.9k +31,864
72 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 176,150176.2k $16.8m $16.8m 0.01% Added +105.3k +105,322
73 Mitsubishi UFJ Asset Management Co., Ltd. 0.04% of their portfolio TOKYO, M0 171,089171.1k $16.3m $16.3m 0.04% Added +69.0k +68,984
74 GUGGENHEIM CAPITAL LLC 0.14% of their portfolio CHICAGO, IL 170,787170.8k $16.3m $16.3m 0.14% Reduced -53.5k -53,467
75 STATE OF WISCONSIN INVESTMENT BOARD 0.05% of their portfolio MADISON, WI 166,408166.4k $15.9m $15.9m 0.05% Added +89.7k +89,682
76 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.04% of their portfolio TALLAHASSEE, FL 165,316165.3k $15.8m $15.8m 0.04% Reduced -7.2k -7,240
77 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 156,849156.8k $15.0m $15.0m 0.02% Added +29.6k +29,602
78 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 153,287153.3k $14.6m $14.6m 0.02% Added +2.0k +2,028
79 MACQUARIE GROUP LTD 0.02% of their portfolio Sydney, NSW 2000, C3 151,618151.6k $14.5m $14.5m 0.02% Added +680 +680
80 TD Asset Management Inc 0.02% of their portfolio Toronto, A6 151,024151.0k $14.4m $14.4m 0.02% Reduced -7.4k -7,375
81 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio Boston, MA 150,000150.0k $14.3m $14.3m 0.03% New
82 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 148,045148.0k $14.1m $14.1m 0.02% Added +34.9k +34,944
83 Allspring Global Investments Holdings, LLC 0.02% of their portfolio CHARLOTTE, NC 147,350147.3k $14.1m $14.1m 0.02% Reduced -120.4k -120,374
84 CAPITAL INTERNATIONAL LTD /CA/ 0.84% of their portfolio LOS ANGELES, CA 147,088147.1k $14.0m $14.0m 0.84% Added +8.3k +8,349
85 SIR Capital Management, L.P. 1.47% of their portfolio NEW YORK, NY 144,574144.6k $13.8m $13.8m 1.47% Reduced -258.7k -258,726
86 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 137,423137.4k $13.1m $13.1m 0.03% Added +23.9k +23,883
87 NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio ALBANY, NY 136,915136.9k $13.1m $13.1m 0.02% Reduced -5.0k -5,028
88 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 133,641133.6k $12.8m $12.8m 0.00% Reduced -21.5k -21,499
89 LMCG INVESTMENTS, LLC 0.81% of their portfolio BOSTON, MA 127,330127.3k $12.2m $12.2m 0.81% Reduced -1.6k -1,614
90 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio ALBANY, NY 127,300127.3k $12.2m $12.2m 0.03% New
91 JENNISON ASSOCIATES LLC 0.01% of their portfolio NEW YORK, NY 122,853122.9k $11.7m $11.7m 0.01% Added +11.7k +11,686
92 Crossmark Global Holdings, Inc. 0.28% of their portfolio HOUSTON, TX 122,662122.7k $11.7m $11.7m 0.28% New
93 CAPITAL INTERNATIONAL SARL 0.59% of their portfolio Los Angeles, CA 122,417122.4k $11.7m $11.7m 0.59% Added +15.7k +15,701
94 Sicart Associates LLC 4.52% of their portfolio NEW YORK, NY 121,643121.6k $11.6m $11.6m 4.52% Reduced -14.9k -14,900
95 Tidal Investments LLC 0.19% of their portfolio Milwaukee, WI 116,146116.1k $11.1m $11.1m 0.19% Added +64.0k +63,976
96 ACADIAN ASSET MANAGEMENT LLC 0.05% of their portfolio Boston, MA 112,636112.6k $10.8m $10.8m 0.05% Reduced -8.0k -7,954
97 STEPHENS INC /AR/ 0.20% of their portfolio LITTLE ROCK, AR 108,730108.7k $10.4m $10.4m 0.20% Reduced -527 -527
98 Illinois Municipal Retirement Fund 0.22% of their portfolio OAK BROOK, IL 108,182108.2k $10.3m $10.3m 0.22% Added +55.2k +55,213
99 TEACHER RETIREMENT SYSTEM OF TEXAS 0.07% of their portfolio AUSTIN, TX 107,648107.6k $10.3m $10.3m 0.07% Added +58.1k +58,082
100 Merewether Investment Management, LP 0.91% of their portfolio DALLAS, TX 107,374107.4k $10.3m $10.3m 0.91% Reduced -258.0k -258,001