Murray Stahl's ADM Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 60,202 shares of Archer-Daniels-Midland Company (ADM) worth $3.46 M, representing 0.05% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 51 quarters.
Based on 13F filings since 2013, Murray Stahl has maintained a long-term strategic position in ADM, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2021, adding 314,287 shares. Largest reduction occurred in Q3 2025, reducing 438,586 shares.
Analysis based on 13F filings available since 2013 Q2
Murray Stahl's Archer-Daniels-Midland Company (ADM) Holding Value Over Time
Track share changes against reported price movement
Quarterly Archer-Daniels-Midland Company (ADM) Trades by Murray Stahl
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -7,181 | Reduce 10.66% | 60,202 | $57.49 |
| Q3 2025 | -438,586 | Reduce 86.68% | 67,383 | $59.74 |
| Q2 2025 | -479 | Reduce 0.09% | 505,969 | $52.78 |
| Q1 2025 | -39,271 | Reduce 7.20% | 506,448 | $48.01 |
| Q4 2024 | -108,092 | Reduce 16.53% | 545,719 | $50.52 |
| Q3 2024 | -20,599 | Reduce 3.05% | 653,811 | $59.74 |
| Q2 2024 | +53,126 | Add 8.55% | 674,410 | $60.45 |
| Q1 2024 | -50,874 | Reduce 7.57% | 621,284 | $62.81 |
| Q4 2023 | -136,006 | Reduce 16.83% | 672,158 | $72.22 |
| Q3 2023 | -88,607 | Reduce 9.88% | 808,164 | $75.42 |
| Q2 2023 | -71,170 | Reduce 7.35% | 896,771 | $75.56 |
| Q1 2023 | -47,289 | Reduce 4.66% | 967,941 | $79.66 |
| Q4 2022 | -9,737 | Reduce 0.95% | 1.02 M | $92.85 |
| Q3 2022 | -80,526 | Reduce 7.28% | 1.02 M | $80.45 |
| Q2 2022 | +121,611 | Add 12.36% | 1.11 M | $77.60 |
| Q1 2022 | +209,718 | Add 27.09% | 983,882 | $90.26 |
| Q4 2021 | +80,916 | Add 11.67% | 774,164 | $67.59 |
| Q3 2021 | +51,216 | Add 7.98% | 693,248 | $60.01 |
| Q2 2021 | +314,287 | Add 95.89% | 642,032 | $60.60 |
| Q1 2021 | +142,765 | Add 77.18% | 327,745 | $57.00 |
| Q4 2020 | +93,284 | Add 101.73% | 184,980 | $50.41 |
| Q3 2020 | +36,253 | Add 65.39% | 91,696 | $46.49 |
| Q2 2020 | +55,443 | New Buy | 55,443 | $39.90 |
| Q3 2016 | -25,982 | Sold Out | 25,982 | $42.91 |
| Q1 2016 | +200 | Add 0.78% | 25,982 | $36.29 |
| Q4 2015 | +1,450 | Add 5.96% | 25,782 | $36.65 |
| Q1 2015 | -220 | Reduce 0.90% | 24,332 | $47.39 |
| Q4 2014 | +220 | Add 0.90% | 24,552 | $52.01 |
| Q2 2014 | -61 | Reduce 0.25% | 24,332 | $44.10 |
| Q1 2014 | +61 | Add 0.25% | 24,393 | $43.37 |
| Q2 2013 | +24,333 | Add 0.00% | 24,332 | $33.91 |
Murray Stahl's Archer-Daniels-Midland Company Investment FAQs
Murray Stahl first purchased Archer-Daniels-Midland Company (ADM) in Q2 2013, acquiring 24,332 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl has held Archer-Daniels-Midland Company (ADM) for 51 quarters since Q2 2013.
Murray Stahl's largest addition to Archer-Daniels-Midland Company (ADM) was in Q2 2021, adding 642,032 shares worth $38.91 M.
According to the latest 13F filing for Q4 2025, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 60,202 shares of Archer-Daniels-Midland Company (ADM), valued at approximately $3.46 M.
As of the Q4 2025 filing, Archer-Daniels-Midland Company (ADM) represents approximately 0.05% of Murray Stahl's publicly disclosed stock portfolio, making it one of their key holdings.
Murray Stahl's peak holding in Archer-Daniels-Midland Company (ADM) was 1,105,493 shares, as reported at the end of Q2 2022.