ANHEUSER BUSCH INBEV SA/NV BUD
SPONSORED ADR · ADR · CUSIP 03524A108 · ISIN US03524A1088
Belgian-Brazilian multinational beverage and brewing company
- SectorConsumer staples
- IndustryMalt Beverages
- HeadquartersBrussels, Belgium
- Founded1977
- Websiteab-inbev.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($10.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $59.77. Options: 18 managers hold calls ($180.0m notional), 13 hold puts ($136.5m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 462 |
| Q4 2022 | 510 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $91.7m | $86.0m | 0.94 |
| Q4 2022 | $180.0m | $136.5m | 0.76 |
Biggest buyers
| Consulta Ltd | New | +750.0k |
| FMR LLC | Added | +502.5k |
| Douglas Lane & Associates, LLC | Added | +257.5k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | New | +250.0k |
| SCOPUS ASSET MANAGEMENT, L.P. | New | +250.0k |
| ROYAL BANK OF CANADA | Added | +211.9k |
| Fisher Asset Management, LLC | Added | +184.8k |
| MORGAN STANLEY | Added | +181.5k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +114.9k |
| CONNING INC. | New | +105.8k |
Biggest sellers
| BLS Capital Fondsmaeglerselskab A/S | Sold out | -5.5m |
| UBS Group AG | Reduced | -1.7m |
| Dynamo Administracao de Recursos Ltda. | Reduced | -714.2k |
| ARMISTICE CAPITAL, LLC | Reduced | -650.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -436.9k |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -403.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -379.8k |
| Clarkston Capital Partners, LLC | Reduced | -246.5k |
| ACADEMY CAPITAL MANAGEMENT | Reduced | -218.3k |
| BRANDES INVESTMENT PARTNERS, LP | Reduced | -177.4k |
Biggest calls
| Long Focus Capital Management, LLC | New | $55.8m930.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $43.4m722.8k shares |
| Optiver Holding B.V. | Reduced | $28.6m476.6k shares |
| CITADEL ADVISORS LLC | Reduced | $22.3m372.2k shares |
| Walleye Trading LLC | Added | $8.3m137.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $6.4m107.1k shares |
| ROYAL BANK OF CANADA | New | $3.2m54.0k shares |
| Parallax Volatility Advisers, L.P. | Added | $2.4m40.3k shares |
| PEAK6 Investments LLC | New | $2.0m32.9k shares |
| GROUP ONE TRADING LLC | Reduced | $1.8m30.4k shares |
Biggest puts
| Optiver Holding B.V. | Added | $46.5m774.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $31.3m521.4k shares |
| CITADEL ADVISORS LLC | Reduced | $16.0m266.9k shares |
| Walleye Trading LLC | Added | $12.5m208.9k shares |
| JPMORGAN CHASE & CO | Added | $9.3m155.6k shares |
| SIMPLEX TRADING, LLC | Added | $7.8m129.3k shares |
| Parallax Volatility Advisers, L.P. | Added | $4.5m75.5k shares |
| Walleye Capital LLC | New | $3.4m56.5k shares |
| PEAK6 Investments LLC | New | $2.9m48.9k shares |
| IMC-Chicago, LLC | Reduced | $1.3m21.2k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BRC S.a.R.L. 13D · may seek influence filed 2026-05-15 | 52.3% |
| ALTRIA GROUP, INC. 13D · may seek influence filed 2025-02-07 | 51.9% |
Insider purchases and sales in Q4 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q4 2022.
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| Dodge & Cox 1.04% of their portfolio | 25.3m $1.5bn | Reduced -34.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.42% of their portfolio | 11.1m $665.8m | Reduced -45.4k |
| Fisher Asset Management, LLC 0.38% of their portfolio | 9.5m $567.9m | Added +184.8k |
| Capital International Investors 0.12% of their portfolio | 7.4m $442.3m | Reduced -37.0k |
| ROYAL BANK OF CANADA 0.13% of their portfolio | 6.9m $413.8m | Added +211.9k |
| MORGAN STANLEY 0.02% of their portfolio | 2.5m $150.7m | Added +181.5k |
| FMR LLC 0.01% of their portfolio | 2.1m $124.2m | Added +502.5k |
| Invesco Ltd. 0.03% of their portfolio | 1.9m $116.1m | Added +35.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.16% of their portfolio | 1.9m $114.7m | Reduced -436.9k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.9m $111.9m | Reduced -106.9k |
| DYNAMO INTERNACIONAL GESTAO DE RECURSOS LTDA. 11.92% of their portfolio | 1.5m $88.4m | Reduced -159.2k |
| CITADEL ADVISORS LLC 0.09% of their portfolio | 1.3m $80.4m | Reduced -135.5k |
| Douglas Lane & Associates, LLC 1.20% of their portfolio | 1.2m $71.6m | Added +257.5k |
| Clarkston Capital Partners, LLC 1.29% of their portfolio | 1.1m $68.2m | Reduced -246.5k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 1.1m $63.5m | Reduced -66.9k |
| Dynamo Administracao de Recursos Ltda. 42.28% of their portfolio | 928.1k $55.7m | Reduced -714.2k |
| Consulta Ltd 3.86% of their portfolio | 750.0k $45.0m | New |
| Seafarer Capital Partners, LLC 19.38% of their portfolio | 732.0k $43.9m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 718.2k $43.1m | Reduced -14.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.24% of their portfolio | 690.8k $41.5m | Reduced -403.9k |
| RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio | 634.3k $38.1m | Reduced -207 |
| FIRST MANHATTAN CO. LLC. 0.13% of their portfolio | 583.1k $35.0m | Reduced -52.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 574.5k $34.5m | Added +114.9k |
| Cook & Bynum Capital Management, LLC 27.91% of their portfolio | 514.8k $30.9m | Unchanged |
| GREAT LAKES ADVISORS, LLC 0.18% of their portfolio | 511.5k $3.1m | Reduced -28.3k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 507.0k $30.4m | Added +87.4k |
| ARMISTICE CAPITAL, LLC 0.80% of their portfolio | 498.0k $29.9m | Reduced -650.0k |
| GQG Partners LLC 0.08% of their portfolio | 482.4k $29.0m | Added +25.8k |
| BlackRock Inc. 0.00% of their portfolio | 452.8k $27.2m | Added +93.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 432.0k $25.9m | Reduced -110.7k |
| Capital Group Private Client Services, Inc. 0.31% of their portfolio | 404.8k $24.3m | Added +1.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 386.8k $23.2m | Added +14.3k |
| Capco Asset Management, LLC 6.38% of their portfolio | 376.4k $22.6m | Added +31.5k |
| Optiver Holding B.V. 1.13% of their portfolio | 310.5k $18.6m | Added +25.2k |
| EVERETT HARRIS & CO /CA/ 0.29% of their portfolio | 283.3k $17.0m | Reduced -11.5k |
| PENN DAVIS MCFARLAND INC 3.33% of their portfolio | 282.9k $17.0m | Reduced -1.7k |
| Fayez Sarofim & Co 0.06% of their portfolio | 260.4k $15.6m | Reduced -11.5k |
| UBS Group AG 0.01% of their portfolio | 254.3k $15.3m | Reduced -1.7m |
| OLD MISSION CAPITAL LLC 0.66% of their portfolio | 253.0k $15.2m | Added +28.2k |
| SCOPUS ASSET MANAGEMENT, L.P. 0.61% of their portfolio | 250.0k $15.0m | New |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.03% of their portfolio | 250.0k $15.0m | New |
| Thomasville National Bank 1.56% of their portfolio | 225.4k $13.5m | Reduced -463 |
| STANSBERRY ASSET MANAGEMENT, LLC 2.68% of their portfolio | 216.5k $13.0m | Added +10.3k |
| ALERUS FINANCIAL NA 1.06% of their portfolio | 191.9k $11.5m | Reduced -904 |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 180.3k $10.8m | Added +984 |
| CAUSEWAY CAPITAL MANAGEMENT LLC 0.30% of their portfolio | 174.5k $10.5m | Added +43.4k |
| OSAIC HOLDINGS, INC. 0.02% of their portfolio | 172.7k $10.4m | Added +13.6k |
| ACADEMY CAPITAL MANAGEMENT 2.13% of their portfolio | 165.8k $10.0m | Reduced -218.3k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 158.6k $9.5m | Added +3.2k |
| LPL Financial LLC 0.01% of their portfolio | 156.8k $9.4m | Reduced -5.7k |
| Hillman Capital Management, Inc. 3.63% of their portfolio | 154.0k $9.2m | Reduced -6.2k |
| GFS Advisors, LLC 1.92% of their portfolio | 141.9k $8.5m | Reduced -34.0k |
| NATIXIS ADVISORS, LLC 0.03% of their portfolio | 139.4k $8.4m | Added +58.4k |
| US BANCORP \DE\ 0.01% of their portfolio | 136.6k $8.2m | Added +7.1k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 136.5k $8.2m | Added +18.7k |
| Stockman Wealth Management, Inc. 1.83% of their portfolio | 132.6k $8.0m | Reduced -3.9k |
| Long Focus Capital Management, LLC 1.21% of their portfolio | 122.2k $7.3m | Reduced -10.0k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio | 119.0k $7.1m | Reduced -9.3k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 118.7k $7.1m | Added +3.3k |
| Hall Private Wealth Advisors 3.84% of their portfolio | 112.5k $6.8m | Reduced -14.3k |
| CONNING INC. 0.21% of their portfolio | 105.8k $6.4m | New |
| Fosun International Ltd 0.52% of their portfolio | 105.8k $6.4m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 105.6k $6.3m | Added +9.8k |
| Ally Financial Inc. 0.98% of their portfolio | 105.0k $6.3m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 100.9k $6.1m | Added +29.2k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 96.9k $5.8m | Added +89.8k |
| THOMPSON SIEGEL & WALMSLEY LLC 0.09% of their portfolio | 93.7k $5.6m | Reduced -3.8k |
| Pendal Group Ltd 0.05% of their portfolio | 93.7k $5.6m | Reduced -4.2k |
| Capricorn Fund Managers Ltd 1.44% of their portfolio | 93.6k $5.6m | Added +25.9k |
| Baird Financial Group, Inc. 0.01% of their portfolio | 92.1k $5.5m | Reduced -1.9k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 92.0k $5.5m | Reduced -379.8k |
| SCHWERIN BOYLE CAPITAL MANAGEMENT INC 0.53% of their portfolio | 87.5k $5.3m | Unchanged |
| Ironwood Investment Counsel, LLC 1.19% of their portfolio | 81.6k $4.9m | Added +3.4k |
| Compass Wealth Management LLC 1.52% of their portfolio | 77.5k $4.7m | First filing |
| Ethic Inc. 0.25% of their portfolio | 76.9k $4.6m | Added +34.1k |
| WINTRUST INVESTMENTS LLC 0.62% of their portfolio | 73.7k $4.4m | Added +4.0k |
| Motley Fool Wealth Management, LLC 0.30% of their portfolio | 73.1k $4.4m | Reduced -2.7k |
| Cetera Advisor Networks LLC 0.03% of their portfolio | 70.0k $4.2m | Added +15.9k |
| CLOVERFIELDS CAPITAL GROUP, LP 1.32% of their portfolio | 69.0k $4.1m | Reduced -3.6k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 68.7k $4.1m | Added +51.3k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 68.5k $4.1m | Added +6.7k |
| Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio | 67.9k $4.1m | Reduced -283 |
| BEACH INVESTMENT COUNSEL INC/PA 0.50% of their portfolio | 66.6k $4.0m | Reduced -9.1k |
| PARK AVENUE SECURITIES LLC 0.07% of their portfolio | 65.2k $3.9m | Added +780 |
| JACOBS & CO/CA 0.51% of their portfolio | 64.8k $3.9m | Reduced -1.5k |
| Buttonwood Financial Advisors Inc. 3.22% of their portfolio | 63.6k $3.8m | Added +1.8k |
| Trivium Point Advisory, LLC 1.11% of their portfolio | 62.1k $3.8m | Added +3.8k |
| Poehling Capital Management, INC. 1.36% of their portfolio | 60.4k $3.6m | Added +8.2k |
| Elgethun Capital Management 1.28% of their portfolio | 59.1k $3.5m | Added +5.2k |
| XY Capital Ltd 2.90% of their portfolio | 59.0k $3.5m | First filing |
| Kestra Advisory Services, LLC 0.03% of their portfolio | 56.5k $3.4m | Reduced -11.0k |
| Trexquant Investment LP 0.10% of their portfolio | 56.4k $3.4m | Reduced -19.0k |
| RBF Capital, LLC 0.24% of their portfolio | 54.0k $3.2m | Unchanged |
| D.A. DAVIDSON & CO. 0.04% of their portfolio | 51.2k $3.1m | Added +1.6k |
| Ascent Group, LLC 0.35% of their portfolio | 50.0k $3.0m | Added +4.7k |
| OKABENA INVESTMENT SERVICES INC 1.99% of their portfolio | 50.0k $3.0m | Reduced -3.9k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 49.5k $3.0m | Added +10.6k |
| MML INVESTORS SERVICES, LLC 0.02% of their portfolio | 48.6k $2.9m | Added +6.5k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 47.7k $2.9m | Reduced -15.1k |
| Beacon Pointe Advisors, LLC 0.05% of their portfolio | 47.0k $2.8m | Added +566 |