5 Agricultural Chemicals Stocks to Own Right Now

3. Mosaic Co (NYSE:MOS)

Investors with Long Positions (as of June 30): 47

Aggregate Value of Investors’ Holdings (as of June 30): $931.34 Million

Mosaic Co (NYSE:MOS) became more popular among the hedge funds from our database in the second quarter, as the number of top money managers with positions in the stock increased by seven quarter-over-quarter. Similarly, the value of these positions grew by 73% or $392.98 million during this period. Earlier this week, the nation’s largest producer of potash fertilizers announced its intentions to cut on output. The company claimed that the global crop nutrient markets have weakened, primarily impacted by volatile exchange rates, reduced grain and oilseed prices, and global political and economic uncertainty. Let’s not forget to mention that the shares of Mosaic are 28% in the red year-to-date. In the meantime, Phill Gross and Robert Atchinson’s Adage Capital Management reported owning 3.98 million shares in Mosaic Co (NYSE:MOS) via its 13F filing for the June quarter.

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