The Andersons, Inc.
US ˙ NasdaqGS ˙ US0341641035

SecurityANDE / The Andersons, Inc.
InstitutionMorgan Stanley
Latest Disclosed Ownership294,390 shares
Latest Disclosed Value $ 21,131,444
Morgan Stanley reports 11.00% decrease in ownership of ANDE / The Andersons, Inc.

On May 15, 2026 - Morgan Stanley filed a 13F-HR form disclosing ownership of 294,390 shares of The Andersons, Inc. (US:ANDE) valued at $21,131,314 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on May 27, 2026 disclosing 330,766 shares of The Andersons, Inc.. This represents a change in shares of -11.00% during the quarter. The current value of the position is $21,463,975 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F ANDERSONS COM 034164103 294,390 -36,376 -11.00 21,131 20.16 0.0013
2026-05-27 2025-12-31 13F/A-1 ANDERSONS COM 034164103 330,766 -23,045 -6.51 17,587 24.86 0.0010
2026-02-13 2025-12-31 13F ANDERSONS COM 034164103 330,766 -23,045 17,587 0.0010
2026-05-27 2025-09-30 13F/A-1 ANDERSONS COM 034164103 353,811 -1,649 -0.46 14,085 7.82 0.0009
2025-11-14 2025-09-30 13F ANDERSONS COM 034164103 353,811 -1,649 14,085 0.0009
2025-08-15 2025-06-30 13F ANDERSONS COM 034164103 355,460 -41,856 -10.53 13,063 -23.41 0.0009
2025-05-15 2025-03-31 13F ANDERSONS COM 034164103 397,316 10,331 2.67 17,057 8.78 0.0012
2025-05-15 2024-12-31 13F/A-1 ANDERSONS COM 034164103 386,985 1,803 0.47 15,681 -18.81 0.0011
2025-02-14 2024-12-31 13F ANDERSONS COM 034164103 386,985 1,803 15,681 0.0011
2025-05-14 2024-09-30 13F/A-2 ANDERSONS COM 034164103 385,182 61,956 19.17 19,313 20.47 0.0014
2025-02-14 2024-09-30 13F/A-1 ANDERSONS COM 034164103 385,182 61,956 19,313 0.0014
2024-11-14 2024-09-30 13F ANDERSONS COM 034164103 385,182 61,956 19,313 0.0002
2025-05-14 2024-06-30 13F/A-2 ANDERSONS COM 034164103 323,226 -43,579 -11.88 16,032 -23.81 0.0012
2024-10-17 2024-06-30 13F/A-1 ANDERSONS COM 034164103 323,226 -43,579 16,032 0.0012
2024-08-14 2024-06-30 13F ANDERSONS COM 034164103 323,226 -43,579 16,032 0.0012
2024-10-17 2024-03-31 13F/A-2 ANDERSONS COM 034164103 366,805 -61,996 -14.46 21,044 -14.71 0.0017
2024-08-16 2024-03-31 13F/A-1 ANDERSONS COM 034164103 366,805 -61,996 21,044 0.0002
2024-05-15 2024-03-31 13F ANDERSONS COM 034164103 366,805 -61,996 21,044 0.0017
2024-08-16 2023-12-31 13F/A-1 ANDERSONS COM 034164103 428,801 -17,515 -3.92 24,673 7.33 0.0022
2024-02-13 2023-12-31 13F ANDERSONS COM 034164103 428,801 -17,515 24,673 0.0022
2023-11-15 2023-09-30 13F ANDERSONS COM 034164103 446,316 52,356 13.29 22,990 26.45 0.0023
2023-08-14 2023-06-30 13F ANDERSONS COM 034164103 393,960 -27,787 -6.59 18,181 4.33 0.0018
2023-05-15 2023-03-31 13F ANDERSONS COM 034164103 421,747 15,550 3.83 17,427 22.61 0.0019
2023-02-14 2022-12-31 13F ANDERSONS COM 034164103 406,197 -35,435 -8.02 14,213 3.71 0.0016
2022-11-14 2022-09-30 13F ANDERSONS COM 034164103 441,632 28,257 6.84 13,703 0.48 0.0019
2022-10-27 2022-06-30 13F/A-1 ANDERSONS COM 034164103 413,375 99,530 31.71 13,638 -13.55 0.0018
2022-08-15 2022-06-30 13F ANDERSONS COM 034164103 413,375 99,530 13,638 0.0018
2022-10-27 2022-03-31 13F/A-1 ANDERSONS COM 034164103 313,845 26,719 9.31 15,775 41.94 0.0021
2022-05-13 2022-03-31 13F ANDERSONS COM 034164103 313,845 26,719 15,775 0.0021
2022-02-14 2021-12-31 13F ANDERSONS COM 034164103 287,126 70,176 32.35 11,114 66.15 0.0014
2021-11-15 2021-09-30 13F ANDERSONS COM 034164103 216,950 13,878 6.83 6,689 7.87 0.0009
2021-08-23 2021-06-30 13F/A-1 ANDERSONS COM 034164103 203,072 -124,719 -38.05 6,201 -30.91 0.0008
2021-08-16 2021-06-30 13F ANDERSONS COM 034164103 203,072 -124,719 6,201 0.0002
2021-05-17 2021-03-31 13F ANDERSONS COM 034164103 327,791 158,792 93.96 8,975 116.68 0.0013
2021-02-16 2020-12-31 13F ANDERSONS COM 034164103 168,999 28,115 19.96 4,142 53.35 0.0006
2020-11-13 2020-09-30 13F ANDERSONS COM 034164103 140,884 10,178 7.79 2,701 50.14 0.0005
2020-08-14 2020-06-30 13F ANDERSONS COM 034164103 130,706 21,103 19.25 1,799 -12.46 0.0004
2020-05-26 2020-03-31 13F/A-1 ANDERSONS COM 034164103 109,603 -64,296 -36.97 2,055 -53.25 0.0006
2020-05-15 2020-03-31 13F ANDERSONS COM 034164103 109,603 -64,296 2,055 157.8668
2020-02-14 2019-12-31 13F ANDERSONS COM 034164103 173,899 45,763 35.71 4,396 52.96 0.0010
2019-11-14 2019-09-30 13F ANDERSONS COM 034164103 128,136 5,063 4.11 2,874 -14.29 0.0008
2019-08-14 2019-06-30 13F ANDERSONS COM 034164103 123,073 7,206 6.22 3,353 -10.23 0.0009
2019-05-15 2019-03-31 13F ANDERSONS COM 034164103 115,867 35,277 43.77 3,735 54.98 0.0011
2019-02-14 2018-12-31 13F ANDERSONS COM 034164103 80,590 -80,214 -49.88 2,410 -60.20 0.0007
2019-04-23 2018-09-30 13F/A-2 ANDERSONS COM 034164103 160,804 67,288 71.95 6,055 89.34 0.0015
2018-11-20 2018-09-30 13F/A-1 ANDERSONS COM 034164103 160,804 0 6,055 0.0015
2018-11-14 2018-09-30 13F ANDERSONS COM 034164103 160,804 67,288 6,055
2019-04-23 2018-06-30 13F/A-1 ANDERSONS COM 034164103 93,516 26,167 38.85 3,198 43.47 0.0009
2018-08-14 2018-06-30 13F ANDERSONS COM 034164103 93,516 26,167 3,198
2019-04-23 2018-03-31 13F/A-1 ANDERSONS COM 034164103 67,349 -34,688 -34.00 2,229 -29.88 0.0006
2018-05-14 2018-03-31 13F ANDERSONS COM 034164103 67,349 -34,688 2,229
2019-04-23 2017-12-31 13F/A-1 ANDERSONS COM 034164103 102,037 15,216 17.53 3,179 6.93 0.0009
2018-02-14 2017-12-31 13F ANDERSONS COM 034164103 102,037 15,216 3,179
2017-11-14 2017-09-30 13F ANDERSONS COM 034164103 86,821 44,476 105.03 2,973 105.60 0.0009
2017-08-11 2017-06-30 13F ANDERSONS COM 034164103 42,345 -63,354 -59.94 1,446 -63.90 0.0004
2017-05-22 2017-03-31 13F/A-1 ANDERSONS COM 034164103 105,699 -57,169 -35.10 4,006 -44.98 0.0012
2017-05-12 2017-03-31 13F ANDERSONS COM 034164103 105,699 4,006
2017-02-22 2016-12-31 13F/A-1 ANDERSONS COM 034164103 162,868 122,008 298.60 7,281 392.29 0.0024
2017-02-13 2016-12-31 13F ANDERSONS COM 034164103 162,868 7,281
2016-11-10 2016-09-30 13F ANDERSONS COM 034164103 40,860 28,072 219.52 1,479 225.05 0.0005
2016-08-12 2016-06-30 13F ANDERSONS COM 034164103 12,788 2,142 20.12 455 36.23 0.0002
2016-05-12 2016-03-31 13F ANDERSONS COM 034164103 10,646 1,059 11.05 334 10.60 0.0001
2016-02-09 2015-12-31 13F ANDERSONS COM 034164103 9,587 -15,652 -62.02 302 -64.84 0.0001
2016-02-08 2015-09-30 13F/A-1 ANDERSONS COM 034164103 25,239 -6,844 -21.33 859 -31.33 0.0003
2015-11-09 2015-09-30 13F ANDERSONS COM 034164103 25,239 859
2015-08-12 2015-06-30 13F ANDERSONS COM 034164103 32,083 -39,345 -55.08 1,251 -57.65 0.0004
2015-05-14 2015-03-31 13F ANDERSONS COM 034164103 71,428 -58,462 -45.01 2,954 -57.21 0.0011
2015-02-13 2014-12-31 13F ANDERSONS COM 034164103 129,890 -94,572 -42.13 6,903 -51.09 0.0025
2014-12-16 2014-09-30 13F/A-1 ANDERSONS COM 034164103 224,462 134,944 150.75 14,114 205.70 0.0054
2014-11-14 2014-09-30 13F ANDERSONS COM 034164103 224,462 14,114
2014-08-12 2014-06-30 13F ANDERSONS COM 034164103 89,518 -159,635 -64.07 4,617 -68.72 0.0079
2014-05-13 2014-03-31 13F ANDERSONS COM 034164103 249,153 69,710 38.85 14,760 -7.76 0.0062
2014-02-13 2013-12-31 13F ANDERSONS COM 034164103 179,443 126,621 239.71 16,001 333.28 0.0068
2013-11-13 2013-09-30 13F ANDERSONS INC COM ST COM 034164103 52,822 16,037 43.60 3,693 88.71 0.0017
2013-08-08 2013-06-30 13F ANDERSONS INC COM ST COM 034164103 36,785 36,785 1,957 0.0010
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.