Vault-13

ANHEUSER BUSCH INBEV SA/NV BUD

SPONSORED ADR · ADR · CUSIP 03524A108 · ISIN US03524A1088

Belgian-Brazilian multinational beverage and brewing company

509 institutional holders -22 vs Q1 2024
101,975,708102.0m shares reported held*
$5.9bnreported value*
42 new 190 added 172 reduced 71 sold out net sold ≈ $794.9m (-13.9m 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 ($11.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $58.29. Options: 24 managers hold calls ($434.7m notional), 22 hold puts ($254.1m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 462Q4 22: 510Q1 23: 502Q2 23: 489Q3 23: 480Q4 23: 515Q1 24: 531Q2 24: 509509Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022462
Q4 2022510
Q1 2023502
Q2 2023489
Q3 2023480
Q4 2023515
Q1 2024531
Q2 2024509

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 outQ2 23: 214 bought or addedQ2 23: 279 cut or sold outQ2 23Q3 23: 223 bought or addedQ3 23: 215 cut or sold outQ4 23: 238 bought or addedQ4 23: 219 cut or sold outQ4 23Q1 24: 267 bought or addedQ1 24: 227 cut or sold outQ2 24: 232 bought or addedQ2 24: 243 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022246198
Q1 2023217231
Q2 2023214279
Q3 2023223215
Q4 2023238219
Q1 2024267227
Q2 2024232243

Calls vs puts

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

CallsPuts
$0$200m$400m$600mQ3 23 calls: $328.8mQ3 23 puts: $270.0mQ3 23P/C 0.82Q4 23 calls: $449.6mQ4 23 puts: $460.5mQ4 23P/C 1.02Q1 24 calls: $362.2mQ1 24 puts: $439.2mQ1 24P/C 1.21Q2 24 calls: $434.7mQ2 24 puts: $254.1mQ2 24P/C 0.58
Numbers
QuarterCallsPutsP/C
Q3 2023$328.8m$270.0m0.82
Q4 2023$449.6m$460.5m1.02
Q1 2024$362.2m$439.2m1.21
Q2 2024$434.7m$254.1m0.58

Biggest buyers

HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Added +1,580,500+1.6m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +615,556+615.6k
MILLENNIUM MANAGEMENT LLC Added +606,729+606.7k
RENAISSANCE TECHNOLOGIES LLC Added +522,575+522.6k
Fisher Asset Management, LLC Added +426,299+426.3k
TWO SIGMA INVESTMENTS, LP New +328,745+328.7k
Qube Research & Technologies Ltd New +277,872+277.9k
Capital International Investors Added +269,619+269.6k
Holocene Advisors, LP Added +217,303+217.3k
VOLORIDGE INVESTMENT MANAGEMENT, LLC New +208,954+209.0k

Biggest sellers

MORGAN STANLEY Reduced -5,087,326-5.1m
CITADEL ADVISORS LLC Reduced -4,062,514-4.1m
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -1,687,383-1.7m
Point72 Asset Management, L.P. Sold out -1,343,962-1.3m
CITIGROUP INC Reduced -803,733-803.7k
NORGES BANK Sold out -690,292-690.3k
ROYAL BANK OF CANADA Reduced -503,135-503.1k
Ghisallo Capital Management LLC Sold out -500,000-500.0k
TUDOR INVESTMENT CORP ET AL Reduced -491,768-491.8k
Optiver Holding B.V. Sold out -441,370-441.4k

Biggest calls

Long Focus Capital Management, LLC Added $144.8m2.5m shares
Optiver Holding B.V. Added $92.0m1.6m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $57.2m984.1k shares
BARCLAYS PLC Added $30.0m516.0k shares
SIMPLEX TRADING, LLC Added $23.9m410.4k shares
CITADEL ADVISORS LLC Added $20.3m348.4k shares
Point72 Asset Management, L.P. Added $16.3m279.5k shares
Balyasny Asset Management L.P. New $11.6m200.0k shares
IMC-Chicago, LLC Added $10.9m187.4k shares
CITIGROUP INC Unchanged $4.7m80.0k shares

Biggest puts

Optiver Holding B.V. Reduced $77.7m1.3m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $59.6m1.0m shares
CITADEL ADVISORS LLC Reduced $24.9m427.9k shares
SIMPLEX TRADING, LLC Added $22.8m392.7k shares
Balyasny Asset Management L.P. New $11.6m200.0k shares
IMC-Chicago, LLC Added $10.0m171.6k shares
Point72 Asset Management, L.P. Added $7.0m119.9k shares
WOLVERINE TRADING, LLC Added $6.3m108.6k shares
CITIGROUP INC Unchanged $5.8m100.0k shares
MILLENNIUM MANAGEMENT LLC Reduced $4.9m84.6k 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 2024

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 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Dodge & Cox 1.10% of their portfolio San Francisco, CA 31,470,88531.5m $1.8bn $1.8bn 1.10% Reduced -237.8k -237,848
2 Fisher Asset Management, LLC 0.25% of their portfolio PLANO, TX 9,719,6859.7m $565.2m $565.2m 0.25% Added +426.3k +426,299
3 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.40% of their portfolio Toronto, A6 7,350,1687.4m $427.4m $427.4m 0.40% Reduced -1.7m -1,687,383
4 ROYAL BANK OF CANADA 0.08% of their portfolio TORONTO, A6 5,731,1855.7m $333.3m $333.3m 0.08% Reduced -503.1k -503,135
5 Holocene Advisors, LP 0.86% of their portfolio New York, NY 3,528,3793.5m $205.2m $205.2m 0.86% Added +217.3k +217,303
6 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,486,2852.5m $144.6m $144.6m 0.01% Reduced -5.1m -5,087,326
7 Capital International Investors 0.03% of their portfolio Los Angeles, CA 2,433,2262.4m $143.6m $143.6m 0.03% Added +269.6k +269,619
8 DAVENPORT & Co LLC 0.76% of their portfolio RICHMOND, VA 2,061,3202.1m $120.3m $120.3m 0.76% Reduced -1.2k -1,223
9 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.42% of their portfolio Los Angeles, CA 2,049,2002.0m $119.2m $119.2m 0.42% Added +1.6m +1,580,500
10 SAMLYN CAPITAL, LLC 1.94% of their portfolio New York, NY 1,938,3461.9m $112.7m $112.7m 1.94% Reduced -102.4k -102,435
11 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,790,9171.8m $104.1m $104.1m 0.01% Reduced -38.1k -38,078
12 GATES FOUNDATION TRUST 0.21% of their portfolio KIRKLAND, WA 1,703,0001.7m $99.0m $99.0m 0.21% Unchanged
13 Douglas Lane & Associates, LLC 1.05% of their portfolio NEW YORK, NY 1,276,5931.3m $74.2m $74.2m 1.05% Reduced -6.3k -6,287
14 Douglass Winthrop Advisors, LLC 1.48% of their portfolio NEW YORK, NY 1,250,9171.3m $72.7m $72.7m 1.48% Added +139.0k +138,984
15 RIVULET CAPITAL, LLC 4.83% of their portfolio PASSAIC, NJ 1,200,0001.2m $69.8m $69.8m 4.83% Unchanged
16 Clarkston Capital Partners, LLC 1.27% of their portfolio Rochester, MI 1,144,6241.1m $66.6m $66.6m 1.27% Added +11.9k +11,935
17 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.11% of their portfolio BALA CYNWYD, PA 1,070,4581.1m $62.2m $62.2m 0.11% Added +615.6k +615,556
18 Seafarer Capital Partners, LLC 18.90% of their portfolio CORTE MADERA, CA 952,000952.0k $55.4m $55.4m 18.90% Unchanged
19 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 941,054941.1k $54.7m $54.7m 0.01% Reduced -377.6k -377,565
20 ARMISTICE CAPITAL, LLC 1.28% of their portfolio NEW YORK, NY 839,000839.0k $48.8m $48.8m 1.28% Added +137.0k +137,000
21 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 833,767833.8k $48.5m $48.5m 0.01% Reduced -37.8k -37,828
22 HBK INVESTMENTS L P 1.10% of their portfolio DALLAS, TX 786,752786.8k $45.7m $45.7m 1.10% Added +190.3k +190,252
23 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 726,470726.5k $42.2m $42.2m 0.03% Added +183.3k +183,301
24 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 693,128693.1k $40.3m $40.3m 0.03% Added +606.7k +606,729
25 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 686,394686.4k $39.9m $39.9m 0.01% Added +2.4k +2,398
26 FMR LLC 0.00% of their portfolio BOSTON, MA 684,775684.8k $39.8m $39.8m 0.00% Reduced -338.9k -338,869
27 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 611,578611.6k $35.6m $35.6m 0.01% Added +56.4k +56,422
28 RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio NEW YORK, NY 600,300600.3k $34.9m $34.9m 0.06% Added +522.6k +522,575
29 BlackRock Inc. 0.00% of their portfolio New York, NY 588,393588.4k $34.2m $34.2m 0.00% Added +13.5k +13,451
30 CAUSEWAY CAPITAL MANAGEMENT LLC 0.77% of their portfolio LOS ANGELES, CA 488,305488.3k $28.4m $28.4m 0.77% Added +18.3k +18,288
31 Alyeska Investment Group, L.P. 0.15% of their portfolio CHICAGO, IL 458,607458.6k $26.7m $26.7m 0.15% Reduced -395.1k -395,092
32 Cook & Bynum Capital Management, LLC 20.13% of their portfolio Birmingham, AL 454,871454.9k $26.5m $26.5m 20.13% Unchanged
33 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 429,338429.3k $25.0m $25.0m 0.02% Reduced -4.1m -4,062,514
34 Capco Asset Management, LLC 5.87% of their portfolio TAMPA, FL 426,747426.7k $24.8m $24.8m 5.87% Added +7.2k +7,193
35 FIRST MANHATTAN CO. LLC. 0.08% of their portfolio NEW YORK, NY 425,844425.8k $24.8m $24.8m 0.08% Reduced -34.9k -34,919
36 UBS Group AG 0.01% of their portfolio ZURICH, V8 365,487365.5k $21.3m $21.3m 0.01% Added +72.1k +72,073
37 PENN DAVIS MCFARLAND INC 3.14% of their portfolio DALLAS, TX 349,225349.2k $20.3m $20.3m 3.14% Reduced -613 -613
38 TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio NEW YORK, NY 328,745328.7k $19.1m $19.1m 0.05% New
39 GREAT LAKES ADVISORS, LLC 0.16% of their portfolio CHICAGO, IL 315,559315.6k $18.3m $18.3m 0.16% Reduced -767 -767
40 TUDOR INVESTMENT CORP ET AL 0.19% of their portfolio STAMFORD, CT 294,435294.4k $17.1m $17.1m 0.19% Reduced -491.8k -491,768
41 EVERETT HARRIS & CO /CA/ 0.21% of their portfolio LOS ANGELES, CA 278,627278.6k $16.2m $16.2m 0.21% Added +1.2k +1,190
42 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 277,872277.9k $16.2m $16.2m 0.03% New
43 Capital Group Private Client Services, Inc. 0.16% of their portfolio Los Angeles, CA 273,003273.0k $15.9m $15.9m 0.16% Reduced -13.6k -13,575
44 Verition Fund Management LLC 0.10% of their portfolio GREENWICH, CT 227,938227.9k $13.3m $13.3m 0.10% Added +115 +115
45 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 225,920225.9k $13.1m $13.1m 0.02% Added +3.5k +3,547
46 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio JUPITER, FL 208,954209.0k $12.2m $12.2m 0.05% New
47 FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC 0.66% of their portfolio Greenbrae, CA 201,935201.9k $11.7m $11.7m 0.66% Added +7.2k +7,225
48 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 179,771179.8k $10.5m $10.5m 0.00% Reduced -43.7k -43,720
49 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 166,846166.8k $9.7m $9.7m 0.01% Added +29.9k +29,944
50 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 166,624166.6k $9.7m $9.7m 0.01% Added +21.6k +21,596
51 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 165,603165.6k $9.6m $9.6m 0.01% Added +41.4k +41,446
52 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 161,230161.2k $9.4m $9.4m 0.00% Added +27.5k +27,482
53 NATIXIS ADVISORS, LLC 0.02% of their portfolio Boston, MA 154,961155.0k $9.0m $9.0m 0.02% Reduced -16.0k -15,962
54 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 146,911146.9k $8.5m $8.5m 0.01% Added +890 +890
55 Long Focus Capital Management, LLC 0.86% of their portfolio SAN JUAN, PR 143,400143.4k $8.3m $8.3m 0.86% Added +6.2k +6,200
56 GROUPAMA ASSET MANAGMENT 0.11% of their portfolio PARIS, I0 141,600141.6k $8.1m $8.1m 0.11% Reduced -62.4k -62,420
57 Perpetual Ltd 0.09% of their portfolio SYDNEY, NEW SOUTH WALES, C3 138,035138.0k $8.0m $8.0m 0.09% Added +10.9k +10,880
58 THOMPSON SIEGEL & WALMSLEY LLC 0.13% of their portfolio RICHMOND, VA 137,786137.8k $8.0m $8.0m 0.13% Added +10.6k +10,631
59 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 136,535136.5k $8.2m $8.2m 0.00% Added +19.1k +19,128
60 Pathstone Holdings, LLC 0.03% of their portfolio ENGLEWOOD, NJ 131,058131.1k $7.6m $7.6m 0.03% Added +3.0k +3,040
61 Hillman Capital Management, Inc. 2.69% of their portfolio BETHESDA, MD 131,051131.1k $7.6m $7.6m 2.69% Reduced -12.6k -12,622
62 TWO SIGMA ADVISERS, LP 0.02% of their portfolio NEW YORK, NY 123,302123.3k $7.2m $7.2m 0.02% New
63 Savoir Faire Capital Management, L.P. 2.77% of their portfolio NORWALK, CT 122,579122.6k $7.1m $7.1m 2.77% Added +53.9k +53,929
64 Ethic Inc. 0.17% of their portfolio NEW YORK, NY 121,295121.3k $7.1m $7.1m 0.17% Added +16.6k +16,589
65 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 117,250117.2k $6.8m $6.8m 0.00% Added +3.2k +3,160
66 Clearbridge Investments, LLC 0.01% of their portfolio NEW YORK, NY 114,491114.5k $6.7m $6.7m 0.01% Reduced -250 -250
67 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 106,554106.6k $6.2m $6.2m 0.01% Reduced -10.9k -10,934
68 Ally Financial Inc. 0.76% of their portfolio Detroit, MI 105,000105.0k $6.1m $6.1m 0.76% Unchanged
69 Heron Bay Capital Management 1.29% of their portfolio BLOOMFIELD HILLS, MI 104,057104.1k $6.1m $6.1m 1.29% Added +2.4k +2,396
70 Fayez Sarofim & Co 0.02% of their portfolio Houston, TX 99,15599.2k $5.8m $5.8m 0.02% Added +86.6k +86,600
71 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 97,90297.9k $5.7m $5.7m 0.00% Reduced -1.6k -1,601
72 Davidson Kempner Capital Management LP 0.09% of their portfolio New York, NY 95,00095.0k $5.5m $5.5m 0.09% Reduced -50.0k -50,000
73 Compass Wealth Management LLC 1.35% of their portfolio GUILFORD, CT 94,03994.0k $5.5m $5.5m 1.35% Reduced -1.8k -1,773
74 Ironwood Investment Counsel, LLC 0.91% of their portfolio SCOTTSDALE, AZ 87,20287.2k $5.1m $5.1m 0.91% New
75 Cinctive Capital Management LP 0.27% of their portfolio New York, NY 86,16986.2k $5.0m $5.0m 0.27% Added +30.6k +30,626
76 Concentric Capital Strategies, LP 0.31% of their portfolio Stamford, CT 85,70185.7k $5.0m $5.0m 0.31% New
77 Sanctuary Advisors, LLC 0.04% of their portfolio INDIANAPOLIS, IN 85,68385.7k $5.1m $5.1m 0.04% First filing
78 CAPITAL FUND MANAGEMENT S.A. 0.06% of their portfolio PARIS, I0 84,84584.8k $4.9m $4.9m 0.06% Added +60.2k +60,216
79 QRG CAPITAL MANAGEMENT, INC. 0.06% of their portfolio BERWYN, PA 82,73782.7k $4.8m $4.8m 0.06% Added +30.1k +30,052
80 Buttonwood Financial Advisors Inc. 2.04% of their portfolio BALTIMORE, MD 74,27474.3k $4.3m $4.3m 2.04% Reduced -644 -644
81 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 72,35372.4k $4.2m $4.2m 0.02% Reduced -4.3k -4,317
82 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 71,47771.5k $4.2m $4.2m 0.00% Reduced -1.8k -1,758
83 ExodusPoint Capital Management, LP 0.04% of their portfolio NEW YORK, NY 70,31770.3k $4.1m $4.1m 0.04% Reduced -9.7k -9,728
84 Trivium Point Advisory, LLC 0.59% of their portfolio WILTON, CT 68,13868.1k $4.0m $4.0m 0.59% Reduced -2.1k -2,092
85 Motley Fool Wealth Management, LLC 0.20% of their portfolio ALEXANDRIA, VA 68,00168.0k $4.0m $4.0m 0.20% Reduced -3.1k -3,083
86 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 67,89067.9k $3.9m $3.9m 0.00% Reduced -23.6k -23,565
87 Ayrshire Capital Management LLC 2.00% of their portfolio WESTPORT, CT 67,33867.3k $3.9m $3.9m 2.00% Added +4.1k +4,096
88 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 65,37465.4k $3.8m $3.8m 0.01% Reduced -5.1k -5,087
89 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 63,24763.2k $3.7m $3.7m 0.01% Reduced -1.9k -1,936
90 SIMPLEX TRADING, LLC 0.11% of their portfolio CHICAGO, IL 61,00961.0k $3.5m $3.5m 0.11% Added +54.5k +54,501
91 PARK AVENUE SECURITIES LLC 0.04% of their portfolio NEW YORK, NY 60,55460.6k $3.5m $3.5m 0.04% Reduced -1.8k -1,844
92 Trexquant Investment LP 0.05% of their portfolio STAMFORD, CT 60,54460.5k $3.5m $3.5m 0.05% Reduced -78.4k -78,434
93 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 60,06260.1k $3.5m $3.5m 0.00% Added +474 +474
94 Elgethun Capital Management 0.87% of their portfolio SIOUX FALLS, SD 59,57959.6k $3.5m $3.5m 0.87% Added +2.6k +2,648
95 SCHWERIN BOYLE CAPITAL MANAGEMENT INC 0.36% of their portfolio SPRINGFIELD, MA 59,34059.3k $3.5m $3.5m 0.36% Unchanged
96 Walleye Trading LLC 0.07% of their portfolio NEW YORK, NY 58,36958.4k $3.4m $3.4m 0.07% Added +18.2k +18,172
97 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 56,81156.8k $3.3m $3.3m 0.01% Reduced -4.0k -4,008
98 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 56,71656.7k $3.3m $3.3m 0.00% Reduced -27.8k -27,824
99 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 56,19856.2k $3.3m $3.3m 0.01% Added +26.6k +26,649
100 WINTRUST INVESTMENTS LLC 0.28% of their portfolio CHICAGO, IL 55,67555.7k $3.2m $3.2m 0.28% Reduced -1.1k -1,139