Fresh Del Monte Produce (FDP)

• Market cap: $1.6B
• 1 day: 0.88%
• 5 days: -1.83%
• 1 month: -1.59%
• 3 months: 14.19%
• 6 months: 51.59%
• Year to date: 20.72%
• 1 year: 30.67%
• 5 years: -5.07%
• 10 years: 3.83%
• Sector: Consumer Staples
• Industry: Agriculture Production Crops

About: Fresh Del Monte Produce Inc is an integrated producer, marketer & distributor of fresh-cut fruit & vegetables. It operates in three segments, Fresh and value-added products segment, which includes pineapples, fresh-cut fruit, fresh-cut vegetables, melons, vegetables, non-tropical fruit, other fruit and vegetables, avocados, and prepared foods, Banana segment & Other products and services segment, including the third-party freight & logistic services business & the Jordanian poultry and meats business. The majority is from the Fresh and value-added products segment. Geographically, it operates in North America, Europe, Asia, the Middle East, and Other, out of which the highest is from North America.

Employees: 38,887

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

95% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 19

34% more call options, than puts

Call options by funds: $3.7M | Put options by funds: $2.76M

32% more capital invested

Capital invested by funds: $689M [Q2] → $911M (+$222M) [Q3]

10% more funds holding

Funds holding: 188 [Q2] → 206 (+18) [Q3]

9% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 67

1.47% less ownership

Funds ownership: 65.89% [Q2] → 64.42% (-1.47%) [Q3]