5 Agricultural Chemicals Stocks to Own Right Now

4. Potash Corp. of Saskatchewan Inc. (USA) (NYSE:POT)

Investors with Long Positions (as of June 30): 30

Aggregate Value of Investors’ Holdings (as of June 30): $905.02 Million

There were two fewer hedge funds invested in Potash Corp. of Saskatchewan Inc. (USA) (NYSE:POT) at the end of the latest quarter relative to the previous one. At the same time, the value of hedge funds’ positions in the stock shrank by $89.72 million. The shares of the global producer and marketer of fertilizers have endured serious pain throughout the whole year, declining more than 40% year-to-date. This weak performance was primarily attributed to the declining potash prices, which are believed to go even lower in the months ahead. However, First Eagle Investment Management, the largest shareholders of Potash Corp. of Saskatchewan Inc. (USA) (NYSE:POT) within our database, boosted its stake in the company during the second quarter to 22.72 million shares.