COMPANIA CERVECERIAS UNIDAS CCU
SPONSORED ADR · ADR · CUSIP 204429104
Chilean drinks and beer company
* 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 ($1.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.92. Options: 4 managers hold calls ($430.2k notional), 2 hold puts ($71.0k).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 74 |
| Q4 2022 | 77 |
| Q1 2023 | 82 |
| Q2 2023 | 88 |
| Q3 2023 | 93 |
| Q4 2023 | 97 |
| Q1 2024 | 82 |
| Q2 2024 | 71 |
| Q3 2024 | 62 |
| Q4 2024 | 74 |
| Q1 2025 | 79 |
| Q2 2025 | 84 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 38 | 32 |
| Q4 2023 | 52 | 45 |
| Q1 2024 | 26 | 58 |
| Q2 2024 | 33 | 41 |
| Q3 2024 | 17 | 44 |
| Q4 2024 | 33 | 27 |
| Q1 2025 | 42 | 31 |
| Q2 2025 | 45 | 28 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $161.7k | $85.6k | 0.53 |
| Q4 2024 | $126.5k | $63.0k | 0.50 |
| Q1 2025 | $826.0k | $77.5k | 0.09 |
| Q2 2025 | $430.2k | $71.0k | 0.17 |
Biggest buyers
| ACADIAN ASSET MANAGEMENT LLC | Added | +275.4k |
| ROYAL BANK OF CANADA | Added | +212.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +132.1k |
| MARSHALL WACE, LLP | Added | +116.4k |
| AMERICAN CENTURY COMPANIES INC | Added | +109.9k |
| Cubist Systematic Strategies, LLC | Added | +107.2k |
| Point72 Asset Management, L.P. | New | +65.2k |
| STATE STREET CORP | Added | +50.0k |
| UBS Group AG | Added | +24.8k |
| BANK OF AMERICA CORP /DE/ | Added | +22.6k |
Biggest sellers
| Skerryvore Asset Management Ltd | Reduced | -235.4k |
| CITADEL ADVISORS LLC | Sold out | -132.3k |
| BLI - Banque de Luxembourg Investments | Reduced | -70.0k |
| Trexquant Investment LP | Sold out | -29.5k |
| BlackRock, Inc. | Reduced | -27.5k |
| GOLDMAN SACHS GROUP INC | Reduced | -24.7k |
| GSA CAPITAL PARTNERS LLP | Sold out | -20.9k |
| D. E. Shaw & Co., Inc. | Reduced | -20.3k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -18.5k |
| Advisory Services Network, LLC | Sold out | -16.3k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $245.5k19.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $175.7k13.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $9.0k700 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SIMPLEX TRADING, LLC | New | $71.0k5.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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.
Insider purchases and sales in Q2 2025
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 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| First Eagle Investment Management, LLC 0.41% of their portfolio | 15.9m $205.3m | Reduced -730 |
| Discerene Group LP 3.51% of their portfolio | 2.5m $32.5m | Unchanged |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 1.9m $25.0m | Reduced -10.1k |
| Skerryvore Asset Management Ltd 9.55% of their portfolio | 917.5k $11.9m | Reduced -235.4k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 559.4k $7.2m | Added +18.5k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 487.1k $6.3m | Added +275.4k |
| BlackRock, Inc. 0.00% of their portfolio | 450.4k $5.8m | Reduced -27.5k |
| BLI - Banque de Luxembourg Investments 0.16% of their portfolio | 435.0k $5.6m | Reduced -70.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 391.1k $5.1m | Reduced -18.5k |
| Ninety One UK Ltd 0.01% of their portfolio | 312.7k $4.0m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 282.8k $3.7m | Added +22.6k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 255.4k $3.3m | Added +116.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 249.6k $3.2m | Added +212.6k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 173.7k $2.2m | Added +109.9k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 171.4k $2.2m | Added +17.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 166.2k $2.1m | Added +132.1k |
| STATE STREET CORP 0.00% of their portfolio | 162.1k $2.1m | Added +50.0k |
| Cubist Systematic Strategies, LLC 0.02% of their portfolio | 132.2k $1.7m | Added +107.2k |
| MORGAN STANLEY 0.00% of their portfolio | 126.7k $1.6m | Added +4.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 98.1k $1.3m | Reduced -15.3k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 86.7k $1.1m | Reduced -20.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 78.0k $1.0m | Added +5.0k |
| UBS Group AG 0.00% of their portfolio | 70.7k $912.8k | Added +24.8k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 66.6k $859.9k | Added +15.3k |
| Mariner, LLC 0.00% of their portfolio | 66.4k $858.0k | Added +5.0k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 65.2k $842.4k | New |
| Vident Advisory, LLC 0.01% of their portfolio | 43.2k $558.4k | Reduced -1.5k |
| Investors Research Corp 0.09% of their portfolio | 36.3k $468.7k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 34.7k $448.2k | Added +10.2k |
| NAPLES GLOBAL ADVISORS, LLC 0.03% of their portfolio | 31.2k $403.1k | Unchanged |
| R Squared Ltd 0.21% of their portfolio | 29.6k $382.5k | Added +9.8k |
| Aquatic Capital Management LLC 0.01% of their portfolio | 28.8k $372.6k | Added +17.8k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 25.8k $333.3k | Added +13.0k |
| Blue Trust, Inc. 0.00% of their portfolio | 25.3k $326.8k | Added +1.0k |
| Stokes Family Office, LLC 0.03% of their portfolio | 25.0k $323.0k | Unchanged |
| Jump Financial, LLC 0.00% of their portfolio | 23.2k $299.4k | Reduced -12.9k |
| STEPHENS INC /AR/ 0.00% of their portfolio | 21.8k $281.0k | Added +200 |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 19.1k $247.3k | Unchanged |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 18.2k $234.6k | New |
| MQS Management LLC 0.12% of their portfolio | 17.3k $223.1k | New |
| QUADRANT CAPITAL GROUP LLC 0.01% of their portfolio | 16.7k $216.0k | Reduced -10.0k |
| NATIXIS ADVISORS, LLC 0.00% of their portfolio | 15.5k $201.0k | New |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 15.3k $197.3k | New |
| BTG Pactual Asset Management US LLC 0.03% of their portfolio | 14.7k $189.4k | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 13.4k $173.2k | Reduced -24.7k |
| Ballentine Partners, LLC 0.00% of their portfolio | 13.4k $172.8k | Reduced -161 |
| Virtu Financial LLC 0.01% of their portfolio | 13.0k $168.0k | Reduced -3.0k |
| Savant Capital, LLC 0.00% of their portfolio | 12.7k $164.3k | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 12.7k $163.7k | New |
| Fielder Capital Group LLC 0.04% of their portfolio | 12.6k $163.3k | Unchanged |
| Ethic Inc. 0.00% of their portfolio | 12.3k $158.0k | Reduced -329 |
| DIVERSIFIED TRUST CO 0.00% of their portfolio | 12.0k $155.1k | New |
| QRG CAPITAL MANAGEMENT, INC. 0.00% of their portfolio | 11.3k $145.4k | Added +390 |
| BAROMETER CAPITAL MANAGEMENT INC. 0.03% of their portfolio | 9.5k $123.3k | Unchanged |
| Channing Global Advisors, LLC 0.08% of their portfolio | 9.1k $117.0k | Reduced -6.0k |
| Banque de Luxembourg S.A. 0.06% of their portfolio | 6.6k $100.7k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 6.5k $83.4k | Reduced -100 |
| Employees Retirement System of Texas 0.00% of their portfolio | 5.7k $74.0k | Unchanged |
| Parvin Asset Management, LLC 0.05% of their portfolio | 3.9k $50.1k | Unchanged |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 3.2k $41.8k | Added +3.0k |
| GAMMA Investing LLC 0.00% of their portfolio | 2.6k $33.8k | Added +16 |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 2.0k $26.0k | New |
| SIGNATUREFD, LLC 0.00% of their portfolio | 1.6k $21.1k | Reduced -390 |
| NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio | 1.5k $19.4k | Unchanged |
| Parallel Advisors, LLC 0.00% of their portfolio | 1.5k $19.0k | Reduced -282 |
| MAI Capital Management 0.00% of their portfolio | 1.3k $17.3k | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 1.2k $15.7k | New |
| US BANCORP \DE\ 0.00% of their portfolio | 947 $12.2k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 840 $10.9k | Added +793 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 296 $3.8k | Added +163 |
| WealthCollab, LLC 0.00% of their portfolio | 202 $2.6k | Unchanged |
| Allworth Financial LP 0.00% of their portfolio | 168 $2.2k | Added +20 |
| FMR LLC 0.00% of their portfolio | 138 $1.8k | Unchanged |
| CWM, LLC 0.00% of their portfolio | 138 $2.0k | New |
| Arax Advisory Partners 0.00% of their portfolio | 90 $1.2k | New |
| PRINCIPAL SECURITIES, INC. 0.00% of their portfolio | 85 $1.1k | Added +58 |
| Physician Wealth Advisors, Inc. 0.00% of their portfolio | 82 $1.1k | Added +15 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 78 $1.0k | Added +24 |
| ASSETMARK, INC 0.00% of their portfolio | 65 $840 | Added +32 |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 50 $646 | Unchanged |
| JFS WEALTH ADVISORS, LLC 0.00% of their portfolio | 45 $582 | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 31 $401 | Reduced -15 |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 19 $245 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |