Vault-13

BUNGE LIMITED BG

COM · Common Stock · CUSIP G16962105 · ISIN BMG169621056

619 institutional holders +12 vs Q1 2023
129,344,083129.3m shares reported held*
$12.2bnreported value*
69 new 203 added 242 reduced 62 sold out net sold ≈ $663.5m (-7.0m 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 ($57.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $94.44. Options: 28 managers hold calls ($238.4m notional), 18 hold puts ($127.4m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 565Q4 22: 609Q1 23: 607Q2 23: 619619Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022565
Q4 2022609
Q1 2023607
Q2 2023619

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 23Q2 23: 272 bought or addedQ2 23: 304 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022285291
Q1 2023312300
Q2 2023272304

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 0.65Q2 23 calls: $238.4mQ2 23 puts: $127.4mQ2 23P/C 0.53
Numbers
QuarterCallsPutsP/C
Q3 2022$227.9m$209.1m0.92
Q4 2022$143.2m$142.5m1.00
Q1 2023$221.2m$143.5m0.65
Q2 2023$238.4m$127.4m0.53

Biggest buyers

Invesco Ltd. Added +570,393+570.4k
Amundi Added +312,477+312.5k
Man Group plc New +260,024+260.0k
ROYAL BANK OF CANADA Added +259,952+260.0k
Yaupon Capital Management LP New +257,319+257.3k
Squarepoint Ops LLC New +230,749+230.7k
MORGAN STANLEY Added +182,880+182.9k
FIL Ltd Added +177,607+177.6k
STRS OHIO Added +170,920+170.9k
Zenyatta Capital Management LP Added +135,000+135.0k

Biggest sellers

FMR LLC Reduced -5,170,973-5.2m
BANK OF AMERICA CORP /DE/ Reduced -592,175-592.2k
Alyeska Investment Group, L.P. Reduced -542,895-542.9k
Ergoteles LLC Sold out -440,992-441.0k
PANAGORA ASSET MANAGEMENT INC Reduced -343,644-343.6k
Candlestick Capital Management LP Reduced -325,000-325.0k
NORGES BANK Reduced -319,891-319.9k
Rheos Capital Works Inc. Sold out -292,000-292.0k
Artemis Investment Management LLP Sold out -286,184-286.2k
Point72 Asset Management, L.P. Reduced -270,503-270.5k

Biggest calls

Twin Tree Management, LP Added $89.4m947.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $36.2m383.8k shares
CITADEL ADVISORS LLC Added $32.2m340.8k shares
JANE STREET GROUP, LLC Added $11.5m121.9k shares
MBB PUBLIC MARKETS I LLC Added $8.0m84.3k shares
GROUP ONE TRADING LLC Reduced $7.8m82.3k shares
Walleye Trading LLC Reduced $7.3m77.8k shares
PEAK6 Investments LLC Added $7.3m77.4k shares
SIMPLEX TRADING, LLC Reduced $6.3m67.1k shares
Parallax Volatility Advisers, L.P. Added $4.8m51.0k shares

Biggest puts

Twin Tree Management, LP Added $37.7m399.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $34.3m363.4k shares
CITADEL ADVISORS LLC Reduced $19.7m208.7k shares
MILLENNIUM MANAGEMENT LLC Reduced $7.7m81.2k shares
JANE STREET GROUP, LLC Reduced $5.5m58.3k shares
SIMPLEX TRADING, LLC Reduced $5.1m54.5k shares
D. E. Shaw & Co., Inc. Added $5.1m53.8k shares
Walleye Trading LLC Reduced $2.9m30.4k shares
WOLVERINE TRADING, LLC Reduced $1.9m20.7k shares
GROUP ONE TRADING LLC Reduced $1.6m17.3k 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 Q2 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 Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Capital World Investors 0.36% of their portfolio LOS ANGELES, CA 20,071,88920.1m $1.9bn $1.9bn 0.36% Added +76.5k +76,544
2 VANGUARD GROUP INC 0.04% of their portfolio Valley Forge, PA 18,316,10718.3m $1.7bn $1.7bn 0.04% Added +54.9k +54,934
3 BlackRock Inc. 0.04% of their portfolio New York, NY 14,415,13014.4m $1.4bn $1.4bn 0.04% Added +108.8k +108,761
4 STATE STREET CORP 0.03% of their portfolio BOSTON, MA 6,912,8856.9m $652.2m $652.2m 0.03% Added +98.4k +98,422
5 FMR LLC 0.05% of their portfolio BOSTON, MA 5,852,8595.9m $552.2m $552.2m 0.05% Reduced -5.2m -5,170,973
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% Unchanged
7 GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio BOSTON, MA 3,204,3203.2m $301.5m $301.5m 0.04% Added +104.2k +104,162
8 FIL Ltd 0.33% of their portfolio HAMILTON, D0 3,109,4483.1m $293.4m $293.4m 0.33% Added +177.6k +177,607
9 NORTHERN TRUST CORP 0.05% of their portfolio CHICAGO, IL 2,687,1362.7m $253.5m $253.5m 0.05% Added +70.6k +70,563
10 Bank of New York Mellon Corp 0.05% of their portfolio NEW YORK, NY 2,282,8712.3m $215.4m $215.4m 0.05% Reduced -269.9k -269,924
11 DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio AUSTIN, TX 2,117,6972.1m $199.8m $199.8m 0.06% Reduced -181.7k -181,728
12 Invesco Ltd. 0.05% of their portfolio ATLANTA, GA 1,953,5372.0m $184.3m $184.3m 0.05% Added +570.4k +570,393
13 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 1,949,4161.9m $183.9m $183.9m 0.02% Added +182.9k +182,880
14 PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio BALTIMORE, MD 1,720,0741.7m $162.3m $162.3m 0.02% Reduced -171.8k -171,750
15 Amundi 0.08% of their portfolio Paris, I0 1,692,7521.7m $161.3m $161.3m 0.08% Added +312.5k +312,477
16 BANK OF MONTREAL /CAN/ 0.06% of their portfolio TORONTO, A6 1,659,2751.7m $160.9m $160.9m 0.06% Added +80.4k +80,375
17 NORGES BANK 0.03% of their portfolio OSLO, Q8 1,384,6011.4m $130.6m $130.6m 0.03% Reduced -319.9k -319,891
18 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio SAN FRANCISCO, CA 1,331,1561.3m $125.6m $125.6m 0.04% Added +15.9k +15,891
19 Legal & General Group Plc 0.04% of their portfolio London, X0 1,141,9971.1m $107.7m $107.7m 0.04% Added +110.3k +110,296
20 DEUTSCHE BANK AG\ 0.05% of their portfolio FRANKFURT AM MAIN, 2M 1,058,0481.1m $99.8m $99.8m 0.05% Reduced -40.3k -40,327
21 CONTINENTAL GRAIN CO 45.52% of their portfolio New York, NY 1,051,2041.1m $99.2m $99.2m 45.52% Unchanged
22 VAN ECK ASSOCIATES CORP 0.20% of their portfolio NEW YORK, NY 958,441958.4k $90.4m $90.4m 0.20% Reduced -51.4k -51,439
23 NEUBERGER BERMAN GROUP LLC 0.07% of their portfolio NEW YORK, NY 771,907771.9k $72.8m $72.8m 0.07% Added +73.1k +73,084
24 LSV ASSET MANAGEMENT 0.16% of their portfolio CHICAGO, IL 769,728769.7k $72.6m $72.6m 0.16% Reduced -4.9k -4,872
25 MBB PUBLIC MARKETS I LLC 4.02% of their portfolio CHICAGO, IL 748,343748.3k $70.6m $70.6m 4.02% Added +61.7k +61,662
26 FIRST TRUST ADVISORS LP 0.06% of their portfolio Wheaton, IL 602,468602.5k $56.8m $56.8m 0.06% Added +49.2k +49,235
27 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 583,821583.8k $55.1m $55.1m 0.01% Reduced -31.0k -30,952
28 DAVENPORT & Co LLC 0.40% of their portfolio RICHMOND, VA 576,008576.0k $54.1m $54.1m 0.40% Reduced -1.1k -1,134
29 Nuveen Asset Management, LLC 0.02% of their portfolio CHICAGO, IL 573,559573.6k $54.1m $54.1m 0.02% Reduced -10.2k -10,172
30 PNC Financial Services Group, Inc. 0.05% of their portfolio Pittsburgh, PA 572,810572.8k $54.0m $54.0m 0.05% Reduced -25.0k -25,017
31 Swiss National Bank 0.03% of their portfolio ZURICH, V8 541,400541.4k $51.1m $51.1m 0.03% Reduced -53.2k -53,200
32 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 498,521498.5k $47.0m $47.0m 0.01% Added +34.6k +34,555
33 Aberdeen Group plc 0.10% of their portfolio EDINBURGH, X0 463,101463.1k $43.7m $43.7m 0.10% Added +47.6k +47,631
34 Candlestick Capital Management LP 1.46% of their portfolio GREENWICH, CT 460,000460.0k $43.4m $43.4m 1.46% Reduced -325.0k -325,000
35 Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio CHIYODA-KU, TOKYO, M0 457,173457.2k $43.1m $43.1m 0.03% Reduced -57.7k -57,682
36 CREDIT SUISSE AG/ 0.04% of their portfolio ZURICH, V8 414,255414.3k $39.1m $39.1m 0.04% Reduced -8.4k -8,389
37 HORIZON KINETICS ASSET MANAGEMENT LLC 0.82% of their portfolio NEW YORK, NY 402,072402.1k $37.9m $37.9m 0.82% Reduced -39.4k -39,365
38 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 393,593393.6k $37.1m $37.1m 0.01% Added +260.0k +259,952
39 Allianz Asset Management GmbH 0.07% of their portfolio MUNICH, 2M 391,962392.0k $37.0m $37.0m 0.07% Reduced -34.3k -34,269
40 MANAGED ASSET PORTFOLIOS, LLC 5.52% of their portfolio ROCHESTER, MI 389,680389.7k $36.8m $36.8m 5.52% Added +105 +105
41 Verition Fund Management LLC 0.50% of their portfolio GREENWICH, CT 341,446341.4k $32.2m $32.2m 0.50% Added +38.8k +38,764
42 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 340,705340.7k $32.1m $32.1m 0.00% Reduced -592.2k -592,175
43 AQR CAPITAL MANAGEMENT LLC 0.07% of their portfolio Greenwich, CT 340,517340.5k $31.4m $31.4m 0.07% Reduced -91.0k -90,964
44 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 337,963338.0k $31.9m $31.9m 0.00% Added +52.7k +52,678
45 UBS Group AG 0.01% of their portfolio ZURICH, V8 317,207317.2k $29.9m $29.9m 0.01% Reduced -26.5k -26,529
46 Clark Capital Management Group, Inc. 0.26% of their portfolio PHILADELPHIA, PA 308,830308.8k $29.1m $29.1m 0.26% Reduced -71.5k -71,473
47 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.05% of their portfolio BALA CYNWYD, PA 298,438298.4k $28.2m $28.2m 0.05% Reduced -107.2k -107,243
48 Alyeska Investment Group, L.P. 0.21% of their portfolio CHICAGO, IL 291,971292.0k $27.5m $27.5m 0.21% Reduced -542.9k -542,895
49 RHUMBLINE ADVISERS 0.03% of their portfolio BOSTON, MA 281,512281.5k $26.6m $26.6m 0.03% Added +3.9k +3,906
50 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 273,702273.7k $25.8m $25.8m 0.01% Added +42.5k +42,483
51 PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio DES MOINES, IA 267,163267.2k $25.2m $25.2m 0.02% Reduced -9.7k -9,709
52 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 263,706263.7k $24.9m $24.9m 0.02% Added +106.9k +106,857
53 Baker Avenue Asset Management, LP 1.24% of their portfolio SAN FRANCISCO, CA 261,327261.3k $24.7m $24.7m 1.24% Reduced -3.5k -3,518
54 Man Group plc 0.08% of their portfolio LONDON, X0 260,024260.0k $24.5m $24.5m 0.08% New
55 Yaupon Capital Management LP 3.28% of their portfolio NEW YORK, NY 257,319257.3k $24.3m $24.3m 3.28% New
56 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 252,167252.2k $23.8m $23.8m 0.01% Reduced -75.3k -75,336
57 AVIVA PLC 0.09% of their portfolio LONDON, X0 245,321245.3k $23.1m $23.1m 0.09% Reduced -3.3k -3,301
58 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio WEST SACRAMENTO, CA 241,203241.2k $22.8m $22.8m 0.03% Added +3.4k +3,386
59 California Public Employees Retirement System 0.02% of their portfolio Sacramento, CA 233,308233.3k $22.0m $22.0m 0.02% Reduced -48.3k -48,262
60 Squarepoint Ops LLC 0.12% of their portfolio NEW YORK, NY 230,749230.7k $21.8m $21.8m 0.12% New
61 STRS OHIO 0.09% of their portfolio COLUMBUS, OH 223,057223.1k $21.0m $21.0m 0.09% Added +170.9k +170,920
62 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 221,684221.7k $20.9m $20.9m 0.02% Reduced -253.1k -253,067
63 STOREBRAND ASSET MANAGEMENT AS 0.09% of their portfolio LYSAKER, Q8 218,006218.0k $20.6m $20.6m 0.09% Unchanged
64 Mitsubishi UFJ Trust & Banking Corp 0.05% of their portfolio TOKYO, M0 209,376209.4k $19.8m $19.8m 0.05% Reduced -29.9k -29,938
65 Ensign Peak Advisors, Inc 0.04% of their portfolio SALT LAKE CITY, UT 208,919208.9k $19.7m $19.7m 0.04% Added +12.4k +12,355
66 WORLDQUANT MILLENNIUM ADVISORS LLC 0.33% of their portfolio NEW YORK, NY 208,690208.7k $19.7m $19.7m 0.33% Added +125.9k +125,870
67 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 203,700203.7k $19.2m $19.2m 0.01% Added +124.7k +124,735
68 CANADA LIFE ASSURANCE Co 0.04% of their portfolio WINNIPEG, A2 187,480187.5k $17.8m $17.8m 0.04% Reduced -135.4k -135,417
69 Mitsubishi UFJ Asset Management Co., Ltd. 0.04% of their portfolio TOKYO, M0 187,310187.3k $17.7m $17.7m 0.04% Added +16.2k +16,221
70 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 180,171180.2k $17.0m $17.0m 0.01% Added +4.0k +4,021
71 GUGGENHEIM CAPITAL LLC 0.13% of their portfolio CHICAGO, IL 173,363173.4k $16.4m $16.4m 0.13% Added +2.6k +2,576
72 Swedbank AB 0.03% of their portfolio STOCKHOLM, V7 166,441166.4k $15.7m $15.7m 0.03% Reduced -39.9k -39,883
73 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio TALLAHASSEE, FL 166,373166.4k $15.7m $15.7m 0.03% Added +1.1k +1,057
74 VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ATLANTA, GA 158,010158.0k $14.9m $14.9m 0.02% Reduced -26.5k -26,518
75 Zenyatta Capital Management LP 9.30% of their portfolio Fairfield, CT 155,000155.0k $14.6m $14.6m 9.30% Added +135.0k +135,000
76 MACQUARIE GROUP LTD 0.02% of their portfolio Sydney, NSW 2000, C3 151,507151.5k $14.3m $14.3m 0.02% Reduced -111 -111
77 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio Boston, MA 150,000150.0k $14.2m $14.2m 0.03% Unchanged
78 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 143,300143.3k $13.5m $13.5m 0.02% Added +123.5k +123,500
79 CAPITAL INTERNATIONAL LTD /CA/ 0.75% of their portfolio LOS ANGELES, CA 141,960142.0k $13.4m $13.4m 0.75% Reduced -5.1k -5,128
80 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 141,690141.7k $13.4m $13.4m 0.02% Reduced -11.6k -11,597
81 NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio ALBANY, NY 137,988138.0k $13.0m $13.0m 0.02% Added +1.1k +1,073
82 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio ALBANY, NY 136,782136.8k $12.9m $12.9m 0.03% Added +9.5k +9,482
83 COHEN & STEERS, INC. 0.03% of their portfolio NEW YORK, NY 136,754136.8k $12.9m $12.9m 0.03% Reduced -77.8k -77,757
84 ExodusPoint Capital Management, LP 0.15% of their portfolio NEW YORK, NY 133,925133.9k $12.6m $12.6m 0.15% Added +58.1k +58,055
85 VIRGINIA RETIREMENT SYSTEMS ET Al 0.12% of their portfolio RICHMOND, VA 132,706132.7k $12.5m $12.5m 0.12% Added +110.8k +110,800
86 CAPITAL INTERNATIONAL SARL 0.55% of their portfolio Los Angeles, CA 129,277129.3k $12.2m $12.2m 0.55% Added +6.9k +6,860
87 LMCG INVESTMENTS, LLC 0.78% of their portfolio BOSTON, MA 126,937126.9k $12.0m $12.0m 0.78% Reduced -393 -393
88 Crossmark Global Holdings, Inc. 0.29% of their portfolio HOUSTON, TX 124,736124.7k $13.5m $13.5m 0.29% Added +2.1k +2,074
89 Point72 Asset Management, L.P. 0.04% of their portfolio STAMFORD, CT 124,275124.3k $11.7m $11.7m 0.04% Reduced -270.5k -270,503
90 Andra AP-fonden 0.29% of their portfolio GOTEBORG, V7 123,200123.2k $11.6m $11.6m 0.29% Added +21.4k +21,400
91 JENNISON ASSOCIATES LLC 0.01% of their portfolio NEW YORK, NY 122,619122.6k $11.6m $11.6m 0.01% Reduced -234 -234
92 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 119,598119.6k $11.3m $11.3m 0.02% Reduced -17.8k -17,825
93 Weiss Multi-Strategy Advisers LLC 0.24% of their portfolio NEW YORK, NY 118,339118.3k $11.2m $11.2m 0.24% New
94 Sicart Associates LLC 4.29% of their portfolio NEW YORK, NY 116,948116.9k $11.0m $11.0m 4.29% Reduced -4.7k -4,695
95 TD Asset Management Inc 0.01% of their portfolio Toronto, A6 116,826116.8k $11.0m $11.0m 0.01% Reduced -34.2k -34,198
96 STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio MADISON, WI 116,482116.5k $11.0m $11.0m 0.03% Reduced -49.9k -49,926
97 ACADIAN ASSET MANAGEMENT LLC 0.04% of their portfolio Boston, MA 115,618115.6k $10.9m $10.9m 0.04% Added +3.0k +2,982
98 AXA S.A. 0.04% of their portfolio PARIS, I0 113,851113.9k $10.7m $10.7m 0.04% Reduced -71.7k -71,692
99 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 111,473111.5k $10.5m $10.5m 0.01% Added +92.9k +92,896
100 UniSuper Management Pty Ltd 0.12% of their portfolio Melbourne, Victoria, C3 111,317111.3k $10.5m $10.5m 0.12% First filing