Seaboard Corp (SEB)

• Market cap: $2.4B
• 1 day: 0.49%
• 5 days: 1.37%
• 1 month: -2.67%
• 3 months: -19.03%
• 6 months: -22.57%
• Year to date: 2.16%
• 1 year: -32.96%
• 5 years: -41.57%
• 10 years: -37.35%
• Sector: Consumer Staples
• Industry: Farm Product Raw Materials

About: Seaboard Corp is a diversified group of companies that operate in agricultural and ocean transport businesses. The company is engaged in hog production and pork processing in the United States; commodity trading and grain processing in Africa and South America; cargo shipping services in the U.S., Caribbean and Central and South America; sugar and alcohol production in Argentina; and electric power generation in the Dominican Republic. It also has an equity method investment in Butterball, LLC, a producer and processor of turkey products. The group operates six business segments: pork, commodity trading and milling, marine, sugar and alcohol, power, turkey and others. It operates in 45 countries, with a concentration in the U.S. and countries in Central and South America and Africa.

Employees: 13,000

Fund manager confidence

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

4% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 49

0.33% less ownership

Funds ownership: 23.24% [Q2] → 22.91% (-0.33%) [Q3]

2% less capital invested

Capital invested by funds: $712M [Q2] → $697M (-$15.3M) [Q3]

6% less funds holding

Funds holding: 170 [Q2] → 159 (-11) [Q3]

30% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 27

67% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 1 (-2) [Q3]