Vault-13

ANHEUSER BUSCH INBEV SA/NV BUD

SPONSORED ADR · ADR · CUSIP 03524A108 · ISIN US03524A1088

Belgian-Brazilian multinational beverage and brewing company

489 institutional holders -13 vs Q1 2023
93,415,94293.4m shares reported held*
$5.3bnreported value*
68 new 146 added 193 reduced 86 sold out net sold ≈ $8.0m (-142.7k shares)

* 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 ($11.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $56.70. Options: 21 managers hold calls ($368.2m notional), 24 hold puts ($299.9m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 462Q4 22: 510Q1 23: 502Q2 23: 489489Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022462
Q4 2022510
Q1 2023502
Q2 2023489

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 246 bought or addedQ4 22: 198 cut or sold outQ4 22Q1 23: 217 bought or addedQ1 23: 231 cut or sold outQ1 23Q2 23: 214 bought or addedQ2 23: 279 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022246198
Q1 2023217231
Q2 2023214279

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100m$200m$300m$400mQ3 22 calls: $91.7mQ3 22 puts: $86.0mQ3 22P/C 0.94Q4 22 calls: $180.0mQ4 22 puts: $136.5mQ4 22P/C 0.76Q1 23 calls: $180.5mQ1 23 puts: $161.1mQ1 23P/C 0.89Q2 23 calls: $368.2mQ2 23 puts: $299.9mQ2 23P/C 0.81
Numbers
QuarterCallsPutsP/C
Q3 2022$91.7m$86.0m0.94
Q4 2022$180.0m$136.5m0.76
Q1 2023$180.5m$161.1m0.89
Q2 2023$368.2m$299.9m0.81

Biggest buyers

GATES FOUNDATION TRUST New +1,703,000+1.7m
BANK OF AMERICA CORP /DE/ Added +1,340,292+1.3m
GOLDMAN SACHS GROUP INC Added +1,289,853+1.3m
SAMLYN CAPITAL, LLC New +1,157,161+1.2m
CITIGROUP INC Added +799,434+799.4k
Sculptor Capital LP New +500,000+500.0k
JANE STREET GROUP, LLC Added +378,269+378.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +293,678+293.7k
SCOPUS ASSET MANAGEMENT, L.P. New +250,000+250.0k
Connor, Clark & Lunn Investment Management Ltd. Added +206,572+206.6k

Biggest sellers

FMR LLC Reduced -2,438,695-2.4m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -1,443,975-1.4m
Invesco Ltd. Reduced -1,115,785-1.1m
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -1,092,023-1.1m
Balyasny Asset Management L.P. Sold out -668,419-668.4k
CITADEL ADVISORS LLC Reduced -296,406-296.4k
DAVENPORT & Co LLC Reduced -262,676-262.7k
Thomasville National Bank Reduced -215,258-215.3k
GREAT LAKES ADVISORS, LLC Reduced -168,972-169.0k
Capital Group Private Client Services, Inc. Reduced -166,463-166.5k

Biggest calls

Long Focus Capital Management, LLC Added $73.7m1.3m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $59.6m1.1m shares
GOLDMAN SACHS GROUP INC New $57.6m1.0m shares
CITADEL ADVISORS LLC Added $53.7m947.6k shares
Optiver Holding B.V. Added $37.7m664.9k shares
JANE STREET GROUP, LLC Added $18.7m330.8k shares
JPMORGAN CHASE & CO Added $15.9m279.7k shares
SIMPLEX TRADING, LLC Reduced $10.8m191.0k shares
WOLVERINE TRADING, LLC Added $9.3m168.1k shares
IMC-Chicago, LLC Added $8.9m156.1k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $126.6m2.2m shares
CITADEL ADVISORS LLC Added $29.1m512.5k shares
Sculptor Capital LP New $28.4m500.0k shares
JPMORGAN CHASE & CO Added $22.9m403.3k shares
Optiver Holding B.V. Reduced $20.5m362.0k shares
SCOPUS ASSET MANAGEMENT, L.P. New $14.2m250.0k shares
WOLVERINE TRADING, LLC Added $13.6m244.3k shares
IMC-Chicago, LLC Added $13.1m230.3k shares
SIMPLEX TRADING, LLC Added $12.4m219.1k shares
GROUP ONE TRADING LLC Added $7.5m132.3k 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.

HolderStakeChangeShares Last filed
BRC S.a.R.L. 13D · may seek influence filed 2026-05-15 52.3% 1.0bn 2026-05-15
ALTRIA GROUP, INC. 13D · may seek influence filed 2025-02-07 51.9% 1.0bn 2025-02-07

Insider purchases and sales in Q2 2023

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 Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Dodge & Cox 0.96% of their portfolio San Francisco, CA 25,285,72825.3m $1.4bn $1.4bn 0.96% Reduced -16.6k -16,625
2 Fisher Asset Management, LLC 0.31% of their portfolio PLANO, TX 9,791,4639.8m $555.4m $555.4m 0.31% Added +145.7k +145,739
3 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.29% of their portfolio Toronto, A6 9,289,5639.3m $526.9m $526.9m 0.29% Reduced -1.1m -1,092,023
4 ROYAL BANK OF CANADA 0.11% of their portfolio TORONTO, A6 6,848,1576.8m $388.4m $388.4m 0.11% Reduced -119.5k -119,452
5 Capital International Investors 0.08% of their portfolio Los Angeles, CA 5,762,1265.8m $324.1m $324.1m 0.08% Reduced -18.9k -18,910
6 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 3,162,0913.2m $179.4m $179.4m 0.02% Added +1.3m +1,340,292
7 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 2,681,9512.7m $152.1m $152.1m 0.04% Added +1.3m +1,289,853
8 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,398,6832.4m $136.1m $136.1m 0.01% Reduced -140.7k -140,714
9 GATES FOUNDATION TRUST 0.23% of their portfolio KIRKLAND, WA 1,703,0001.7m $96.6m $96.6m 0.23% New
10 FMR LLC 0.01% of their portfolio BOSTON, MA 1,269,1211.3m $72.0m $72.0m 0.01% Reduced -2.4m -2,438,695
11 Douglas Lane & Associates, LLC 1.15% of their portfolio NEW YORK, NY 1,254,9661.3m $71.2m $71.2m 1.15% Added +34.2k +34,185
12 SAMLYN CAPITAL, LLC 1.14% of their portfolio New York, NY 1,157,1611.2m $65.6m $65.6m 1.14% New
13 Clarkston Capital Partners, LLC 1.15% of their portfolio Rochester, MI 1,131,5351.1m $64.2m $64.2m 1.15% Reduced -5.7k -5,715
14 RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio NEW YORK, NY 951,800951.8k $54.0m $54.0m 0.08% Reduced -2.3k -2,300
15 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 908,836908.8k $51.5m $51.5m 0.02% Reduced -19.2k -19,236
16 CITIGROUP INC 0.06% of their portfolio NEW YORK, NY 823,558823.6k $46.7m $46.7m 0.06% Added +799.4k +799,434
17 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 814,938814.9k $46.2m $46.2m 0.01% Reduced -1.1m -1,115,785
18 Consulta Ltd 2.96% of their portfolio LONDON, X0 750,000750.0k $42.5m $42.5m 2.96% Unchanged
19 Seafarer Capital Partners, LLC 12.60% of their portfolio CORTE MADERA, CA 732,000732.0k $41.5m $41.5m 12.60% Unchanged
20 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 639,721639.7k $36.3m $36.3m 0.03% Added +9.5k +9,517
21 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 562,673562.7k $31.9m $31.9m 0.04% Added +378.3k +378,269
22 CITADEL ADVISORS LLC 0.04% of their portfolio MIAMI, FL 560,504560.5k $31.8m $31.8m 0.04% Reduced -296.4k -296,406
23 BlackRock Inc. 0.00% of their portfolio New York, NY 536,618536.6k $30.4m $30.4m 0.00% Reduced -15.2k -15,206
24 FIRST MANHATTAN CO. LLC. 0.11% of their portfolio NEW YORK, NY 520,187520.2k $29.5m $29.5m 0.11% Reduced -35.9k -35,862
25 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 517,968518.0k $29.4m $29.4m 0.01% Added +35.3k +35,331
26 Cook & Bynum Capital Management, LLC 23.49% of their portfolio Birmingham, AL 514,782514.8k $29.2m $29.2m 23.49% Unchanged
27 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio BOSTON, MA 513,899513.9k $29.1m $29.1m 0.04% Reduced -1.4m -1,443,975
28 Sculptor Capital LP 0.74% of their portfolio New York, NY 500,000500.0k $28.4m $28.4m 0.74% New
29 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 402,289402.3k $22.8m $22.8m 0.01% Reduced -12.5k -12,468
30 Capco Asset Management, LLC 5.28% of their portfolio TAMPA, FL 361,822361.8k $20.5m $20.5m 5.28% Reduced -2.5k -2,536
31 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 347,766347.8k $19.7m $19.7m 0.03% Added +293.7k +293,678
32 GREAT LAKES ADVISORS, LLC 0.19% of their portfolio CHICAGO, IL 341,752341.8k $19.4m $19.4m 0.19% Reduced -169.0k -168,972
33 Connor, Clark & Lunn Investment Management Ltd. 0.09% of their portfolio VANCOUVER, A1 307,029307.0k $17.4m $17.4m 0.09% Added +206.6k +206,572
34 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 298,516298.5k $16.9m $16.9m 0.00% Added +51.1k +51,106
35 EVERETT HARRIS & CO /CA/ 0.25% of their portfolio LOS ANGELES, CA 290,864290.9k $16.5m $16.5m 0.25% Added +2.8k +2,808
36 PENN DAVIS MCFARLAND INC 2.93% of their portfolio DALLAS, TX 290,406290.4k $16.5m $16.5m 2.93% Added +7.6k +7,629
37 CAPITAL FUND MANAGEMENT S.A. 0.23% of their portfolio PARIS, I0 258,361258.4k $14.7m $14.7m 0.23% Added +200.3k +200,324
38 SCOPUS ASSET MANAGEMENT, L.P. 0.50% of their portfolio NEW YORK, NY 250,000250.0k $14.2m $14.2m 0.50% New
39 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 250,000250.0k $14.2m $14.2m 0.02% Unchanged
40 Capital Group Private Client Services, Inc. 0.17% of their portfolio Los Angeles, CA 248,220248.2k $14.1m $14.1m 0.17% Reduced -166.5k -166,463
41 Optiver Holding B.V. 0.37% of their portfolio AMSTERDAM, P7 224,803224.8k $12.8m $12.8m 0.37% Added +24.8k +24,838
42 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 221,447221.4k $12.6m $12.6m 0.02% Added +36.4k +36,401
43 CAUSEWAY CAPITAL MANAGEMENT LLC 0.31% of their portfolio LOS ANGELES, CA 205,014205.0k $11.6m $11.6m 0.31% Added +67.1k +67,084
44 BRANDES INVESTMENT PARTNERS, LP 0.22% of their portfolio LA JOLLA, CA 192,023192.0k $10.9m $10.9m 0.22% Added +1.6k +1,574
45 Lodge Hill Capital, LLC 3.65% of their portfolio NEW YORK, NY 190,000190.0k $10.8m $10.8m 3.65% New
46 GFS Advisors, LLC 2.08% of their portfolio HOUSTON, TX 164,725164.7k $9.3m $9.3m 2.08% Added +56.6k +56,625
47 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 158,730158.7k $9.0m $9.0m 0.01% Reduced -19.4k -19,350
48 Hillman Capital Management, Inc. 3.02% of their portfolio BETHESDA, MD 150,676150.7k $8.5m $8.5m 3.02% Reduced -2.8k -2,816
49 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 145,723145.7k $8.3m $8.3m 0.01% Added +11.9k +11,888
50 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 145,454145.5k $8.3m $8.3m 0.01% Added +6.1k +6,115
51 NATIXIS ADVISORS, LLC 0.02% of their portfolio Boston, MA 141,242141.2k $8.0m $8.0m 0.02% Reduced -6.5k -6,538
52 Long Focus Capital Management, LLC 1.18% of their portfolio SAN JUAN, PR 137,200137.2k $7.8m $7.8m 1.18% Added +15.0k +15,000
53 ACADEMY CAPITAL MANAGEMENT 1.53% of their portfolio WACO, TX 134,258134.3k $7.6m $7.6m 1.53% Reduced -27.1k -27,094
54 Goodman Advisory Group, LLC 2.78% of their portfolio NEEDHAM, MA 132,259132.3k $7.5m $7.5m 2.78% New
55 THOMPSON SIEGEL & WALMSLEY LLC 0.12% of their portfolio RICHMOND, VA 127,624127.6k $7.2m $7.2m 0.12% Added +20.6k +20,585
56 Perpetual Ltd 0.06% of their portfolio SYDNEY, NEW SOUTH WALES, C3 127,624127.6k $7.2m $7.2m 0.06% Added +20.6k +20,585
57 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 125,574125.6k $7.1m $7.1m 0.01% Reduced -22.5k -22,501
58 Clearbridge Investments, LLC 0.01% of their portfolio NEW YORK, NY 115,337115.3k $6.5m $6.5m 0.01% Reduced -2.6k -2,577
59 Ally Financial Inc. 0.83% of their portfolio Detroit, MI 105,000105.0k $6.0m $6.0m 0.83% Unchanged
60 HBK INVESTMENTS L P 0.18% of their portfolio DALLAS, TX 100,000100.0k $5.7m $5.7m 0.18% Not comparable
61 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 99,84799.8k $5.7m $5.7m 0.02% New
62 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 99,32899.3k $5.6m $5.6m 0.00% Reduced -12.6k -12,586
63 OLD MISSION CAPITAL LLC 0.20% of their portfolio CHICAGO, IL 96,98797.0k $5.5m $5.5m 0.20% Reduced -101.6k -101,636
64 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 96,97397.0k $5.5m $5.5m 0.00% Reduced -3.5k -3,450
65 Ironwood Investment Counsel, LLC 1.10% of their portfolio SCOTTSDALE, AZ 86,34486.3k $4.9m $4.9m 1.10% Added +1.4k +1,399
66 UBS Group AG 0.00% of their portfolio ZURICH, V8 85,52485.5k $4.9m $4.9m 0.00% Reduced -39.9k -39,864
67 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 83,32983.3k $4.7m $4.7m 0.01% Reduced -34.9k -34,920
68 Compass Wealth Management LLC 1.37% of their portfolio GUILFORD, CT 79,92179.9k $4.5m $4.5m 1.37% Reduced -532 -532
69 Heron Bay Capital Management 1.22% of their portfolio BLOOMFIELD HILLS, MI 77,33477.3k $4.4m $4.4m 1.22% Added +22.4k +22,427
70 Motley Fool Wealth Management, LLC 0.24% of their portfolio ALEXANDRIA, VA 72,20372.2k $4.1m $4.1m 0.24% Reduced -683 -683
71 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 68,25668.3k $3.9m $3.9m 0.01% Added +392 +392
72 Buttonwood Financial Advisors Inc. 2.37% of their portfolio BALTIMORE, MD 66,71766.7k $3.8m $3.8m 2.37% Added +2.1k +2,115
73 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 65,58165.6k $3.7m $3.7m 0.01% Reduced -27.0k -27,007
74 BEACH INVESTMENT COUNSEL INC/PA 0.44% of their portfolio WEST CONSHOHOCKEN, PA 65,52065.5k $3.7m $3.7m 0.44% Reduced -1.1k -1,050
75 Trivium Point Advisory, LLC 0.99% of their portfolio WILTON, CT 64,44864.4k $3.7m $3.7m 0.99% Added +2.4k +2,398
76 PARK AVENUE SECURITIES LLC 0.06% of their portfolio NEW YORK, NY 62,49662.5k $3.5m $3.5m 0.06% Reduced -2.0k -1,956
77 SCHWERIN BOYLE CAPITAL MANAGEMENT INC 0.33% of their portfolio SPRINGFIELD, MA 62,14062.1k $3.5m $3.5m 0.33% Reduced -4.4k -4,425
78 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 61,76761.8k $3.5m $3.5m 0.00% Added +7.0k +7,026
79 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 61,60161.6k $3.5m $3.5m 0.02% Added +21.6k +21,650
80 Ethic Inc. 0.13% of their portfolio NEW YORK, NY 59,76859.8k $3.4m $3.4m 0.13% Reduced -14.5k -14,470
81 WINTRUST INVESTMENTS LLC 0.36% of their portfolio CHICAGO, IL 59,73359.7k $3.4m $3.4m 0.36% Reduced -13.6k -13,649
82 Strategic Wealth Partners, Ltd. 0.42% of their portfolio INDEPENDENCE, OH 57,39457.4k $3.3m $3.3m 0.42% Added +202 +202
83 Elgethun Capital Management 0.97% of their portfolio SIOUX FALLS, SD 56,55256.6k $3.2m $3.2m 0.97% Reduced -1.6k -1,566
84 Ayrshire Capital Management LLC 2.05% of their portfolio WESTPORT, CT 55,80055.8k $3.2m $3.2m 2.05% New
85 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 54,81554.8k $3.1m $3.1m 0.01% Reduced -4.2k -4,208
86 RBF Capital, LLC 0.19% of their portfolio RENO, NV 54,00054.0k $3.1m $3.1m 0.19% Unchanged
87 JACOBS & CO/CA 0.35% of their portfolio SAN FRANCISCO, CA 52,23152.2k $3.0m $3.0m 0.35% Reduced -10.4k -10,432
88 D.A. DAVIDSON & CO. 0.03% of their portfolio GREAT FALLS, MT 51,32751.3k $2.9m $2.9m 0.03% Reduced -10.5k -10,454
89 Soditic Asset Management LLP 1.91% of their portfolio LONDON, X0 46,23646.2k $2.6m $2.6m 1.91% Unchanged
90 Bayesian Capital Management, LP 0.28% of their portfolio Brooklyn, NY 45,74445.7k $2.6m $2.6m 0.28% New
91 Leonteq Securities AG 0.26% of their portfolio ZURICH, V8 45,51745.5k $2.6m $2.6m 0.26% Added +33.5k +33,514
92 Beacon Pointe Advisors, LLC 0.04% of their portfolio NEWPORT BEACH, CA 44,92244.9k $2.5m $2.5m 0.04% Reduced -19.6k -19,649
93 Alberta Investment Management Corp 0.02% of their portfolio EDMONTON, A0 44,80044.8k $2.5m $2.5m 0.02% New
94 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 43,85143.9k $2.5m $2.5m 0.00% Reduced -36.1k -36,083
95 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 42,90842.9k $2.4m $2.4m 0.00% Reduced -4.6k -4,574
96 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 42,25242.3k $2.4m $2.4m 0.00% Reduced -2.5k -2,506
97 OPPENHEIMER ASSET MANAGEMENT INC. 0.03% of their portfolio NEW YORK, NY 41,04541.0k $2.3m $2.3m 0.03% Added +5.8k +5,827
98 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 40,72040.7k $2.3m $2.3m 0.00% Added +12.3k +12,258
99 Ascent Group, LLC 0.25% of their portfolio VIRGINIA BEACH, VA 40,04640.0k $2.3m $2.3m 0.25% Reduced -2.9k -2,931
100 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 35,82935.8k $2.0m $2.0m 0.00% Reduced -2.3k -2,293