Who owns The Andersons, Inc. (ANDE)
Which tracked institutional funds hold ANDE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ANDE company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on ANDE is one-sided between 2025-Q4 and 2026-Q1: 121 added or opened and 37 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
ANDE’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes ANDE more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in ANDE divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 288 tracked filers holding ANDE, 157 increased or opened the position and 127 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in ANDE between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 22
- VANGUARD PORTFOLIO MANAGEMENT LLC$173M
- VANGUARD CAPITAL MANAGEMENT LLC$103M
- VANGUARD FIDUCIARY TRUST CO$15M
- Point72 Asset Management, L.P.$7M
- ExodusPoint Capital Management, LP$7M
- Jump Financial, LLC$4M
Full exits 18
- VANGUARD GROUP INC$201M
- Pacer Advisors, Inc.$9M
- TUDOR INVESTMENT CORP ET AL$6M
- FIDEURAM - INTESA SANPAOLO PRIVATE BANKING S.P.A.$5M
- Moran Wealth Management, LLC$5M
- Brandywine Global Investment Management, LLC$3M
Largest adds
- Invesco Ltd.$49M
- DIMENSIONAL FUND ADVISORS LP$44M
- AMERICAN CENTURY COMPANIES INC$36M
- JANUS HENDERSON GROUP PLC$28M
- STATE STREET CORP$25M
- VICTORY CAPITAL MANAGEMENT INC$21M
Largest trims
- BlackRock, Inc.$23M
- Walnut Level Capital LLC$14M
- D. E. Shaw & Co., Inc.$6M
- PRIVATE MANAGEMENT GROUP INC$5M
- BARCLAYS PLC$5M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$4M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 3,620,576 | $260M | 11.8% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 2,416,723 | $173M | 7.9% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 2,350,373 | $169M | 7.7% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 1,438,737 | $103M | 4.7% | 2026-Q1 |
| STATE STREET CORP trimmed | 1,343,313 | $96M | 4.4% | 2026-Q1 |
| Invesco Ltd. added | 1,129,048 | $81M | 3.7% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC added | 860,942 | $62M | 2.8% | 2026-Q1 |
| Rubric Capital Management LP trimmed | 855,819 | $61M | 2.8% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 839,727 | $60M | 2.7% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 829,635 | $60M | 2.7% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 757,448 | $54M | 2.5% | 2026-Q1 |
| NORTHERN TRUST CORP added | 536,598 | $39M | 1.8% | 2026-Q1 |
| Ophir Asset Management Pty Ltd trimmed | 514,364 | $37M | 1.7% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 494,024 | $35M | 1.6% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 475,288 | $34M | 1.6% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 462,319 | $33M | 1.5% | 2026-Q1 |
| JACOBS LEVY EQUITY MANAGEMENT, INC added | 443,262 | $32M | 1.4% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 382,963 | $27M | 1.3% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 319,986 | $23M | 1.0% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 296,099 | $21M | 1.0% | 2026-Q1 |
| MORGAN STANLEY trimmed | 294,390 | $21M | 1.0% | 2026-Q1 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC added | 293,468 | $21M | 1.0% | 2026-Q1 |
| Resolute Capital Asset Partners LLC added | 270,000 | $19M | 0.9% | 2026-Q1 |
| Sourcerock Group LLC added | 258,746 | $19M | 0.8% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 245,191 | $18M | 0.8% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 215,810 | $15M | 0.7% | 2026-Q1 |
| Venture Visionary Partners LLC trimmed | 215,049 | $15M | 0.7% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP trimmed | 185,538 | $13M | 0.6% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 181,963 | $13M | 0.6% | 2026-Q1 |
| OP Asset Management Ltd trimmed | 170,348 | $12M | 0.6% | 2026-Q1 |
| Nuveen, LLC added | 169,673 | $12M | 0.6% | 2026-Q1 |
| Man Group plc added | 161,647 | $12M | 0.5% | 2026-Q1 |
| Empowered Funds, LLC added | 159,495 | $11M | 0.5% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 137,768 | $10M | 0.5% | 2026-Q1 |
| TEACHER RETIREMENT SYSTEM OF TEXAS trimmed | 133,385 | $10M | 0.4% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. added | 127,910 | $9M | 0.4% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 125,800 | $9M | 0.4% | 2026-Q1 |
| Public Sector Pension Investment Board added | 120,184 | $9M | 0.4% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 117,980 | $8M | 0.4% | 2026-Q1 |
| SG Americas Securities, LLC trimmed | 108,619 | $8M | 0.4% | 2026-Q1 |
| NORDEA INVESTMENT MANAGEMENT AB trimmed | 107,524 | $8M | 0.4% | 2026-Q1 |
| ProShare Advisors LLC trimmed | 101,852 | $7M | 0.3% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 98,424 | $7M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 96,651 | $7M | 0.3% | 2026-Q1 |
| ExodusPoint Capital Management, LP added | 96,511 | $7M | 0.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 96,403 | $7M | 0.3% | 2026-Q1 |
| FIRST WILSHIRE SECURITIES MANAGEMENT INC added | 96,259 | $7M | 0.3% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 94,786 | $7M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 93,633 | $7M | 0.3% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 90,453 | $6M | 0.3% | 2026-Q1 |
| Trexquant Investment LP added | 85,505 | $6M | 0.3% | 2026-Q1 |
| UBS Group AG added | 79,638 | $6M | 0.3% | 2026-Q1 |
| PEREGRINE CAPITAL MANAGEMENT LLC trimmed | 75,406 | $5M | 0.2% | 2026-Q1 |
| Legal & General Group Plc trimmed | 75,383 | $5M | 0.2% | 2026-Q1 |
| CREDIT AGRICOLE S A added | 71,396 | $5M | 0.2% | 2026-Q1 |
| SEI INVESTMENTS CO added | 70,203 | $5M | 0.2% | 2026-Q1 |
| Walnut Level Capital LLC trimmed | 69,968 | $5M | 0.2% | 2026-Q1 |
| Swiss National Bank | 67,550 | $5M | 0.2% | 2026-Q1 |
| BARCLAYS PLC trimmed | 60,747 | $4M | 0.2% | 2026-Q1 |
| Jump Financial, LLC added | 60,539 | $4M | 0.2% | 2026-Q1 |
| Mariner, LLC trimmed | 57,233 | $4M | 0.2% | 2026-Q1 |
| FIRST TRUST ADVISORS LP trimmed | 56,678 | $4M | 0.2% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 56,447 | $4M | 0.2% | 2026-Q1 |
| Advisors Asset Management, Inc. added | 55,795 | $4M | 0.2% | 2026-Q1 |
| Allianz Asset Management GmbH added | 53,782 | $4M | 0.2% | 2026-Q1 |
| Susquehanna Portfolio Strategies, LLC added | 51,705 | $4M | 0.2% | 2026-Q1 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM trimmed | 51,203 | $4M | 0.2% | 2026-Q1 |
| MARTINGALE ASSET MANAGEMENT L P trimmed | 49,652 | $4M | 0.2% | 2026-Q1 |
| De Lisle Partners LLP added | 49,269 | $4M | 0.2% | 2026-Q1 |
| ALPS ADVISORS INC added | 49,171 | $4M | 0.2% | 2026-Q1 |
| PDT Partners, LLC added | 45,200 | $3M | 0.1% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC added | 45,081 | $3M | 0.1% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 43,999 | $3M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 43,668 | $3M | 0.1% | 2026-Q1 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | 40,946 | $3M | 0.1% | 2026-Q1 |
| Inspire Investing, LLC added | 40,455 | $3M | 0.1% | 2026-Q1 |
| SJS Investment Consulting Inc. | 39,984 | $3M | 0.1% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 39,706 | $3M | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 39,646 | $3M | 0.1% | 2026-Q1 |
| Edgestream Partners, L.P. trimmed | 38,191 | $3M | 0.1% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 37,690 | $3M | 0.1% | 2026-Q1 |
| Weiss Asset Management LP added | 34,722 | $2M | 0.1% | 2026-Q1 |
| Amundi added | 32,390 | $2M | 0.1% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 32,352 | $2M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 3,779,312 | $201M | 9.1% | 2025-Q4 stale |
| Pacer Advisors, Inc. trimmed | 169,774 | $9M | 0.4% | 2025-Q4 stale |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added | 232,720 | $9M | 0.4% | 2025-Q2 stale |
| TUDOR INVESTMENT CORP ET AL | 153,572 | $6M | 0.3% | 2025-Q4 stale |
| Cubist Systematic Strategies, LLC added | 143,001 | $6M | 0.3% | 2025-Q3 stale |
| FIDEURAM - INTESA SANPAOLO PRIVATE BANKING S.P.A. new | 99,165 | $5M | 0.2% | 2025-Q4 stale |
| Moran Wealth Management, LLC trimmed | 94,981 | $5M | 0.2% | 2025-Q4 stale |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 103,034 | $4M | 0.2% | 2025-Q1 stale |
| Vest Financial, LLC added | 98,442 | $4M | 0.2% | 2025-Q2 stale |
| UniSuper Management Pty Ltd added | 89,775 | $4M | 0.2% | 2025-Q3 stale |
| Manatuck Hill Partners, LLC added | 83,248 | $4M | 0.2% | 2025-Q1 stale |
| BALYASNY ASSET MANAGEMENT L.P. added | 89,522 | $4M | 0.2% | 2025-Q3 stale |
| Brandywine Global Investment Management, LLC added | 65,116 | $3M | 0.2% | 2025-Q4 stale |
| Engineers Gate Manager LP added | 83,940 | $3M | 0.1% | 2025-Q2 stale |
| NORGES BANK added | 56,500 | $3M | 0.1% | 2025-Q4 stale |
| DARK FOREST CAPITAL MANAGEMENT LP added | 61,410 | $2M | 0.1% | 2025-Q3 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.