Vault-13

COMPANIA CERVECERIAS UNIDAS CCU

SPONSORED ADR · ADR · CUSIP 204429104

Chilean drinks and beer company

84 institutional holders +5 vs Q1 2025
26,652,91526.7m shares reported held*
$344.3mreported value*
14 new 31 added 20 reduced 8 sold out net bought ≈ $8.8m (+678.9k 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 ($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

050100Q3 22: 74Q4 22: 77Q1 23: 82Q2 23: 88Q3 23: 93Q4 23: 97Q1 24: 82Q2 24: 71Q3 24: 62Q4 24: 74Q1 25: 79Q2 25: 8484Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202274
Q4 202277
Q1 202382
Q2 202388
Q3 202393
Q4 202397
Q1 202482
Q2 202471
Q3 202462
Q4 202474
Q1 202579
Q2 202584

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 38 bought or addedQ3 23: 32 cut or sold outQ4 23: 52 bought or addedQ4 23: 45 cut or sold outQ4 23Q1 24: 26 bought or addedQ1 24: 58 cut or sold outQ2 24: 33 bought or addedQ2 24: 41 cut or sold outQ2 24Q3 24: 17 bought or addedQ3 24: 44 cut or sold outQ4 24: 33 bought or addedQ4 24: 27 cut or sold outQ4 24Q1 25: 42 bought or addedQ1 25: 31 cut or sold outQ2 25: 45 bought or addedQ2 25: 28 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20233832
Q4 20235245
Q1 20242658
Q2 20243341
Q3 20241744
Q4 20243327
Q1 20254231
Q2 20254528

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ3 24 calls: $161.7kQ3 24 puts: $85.6kQ3 24P/C 0.53Q4 24 calls: $126.5kQ4 24 puts: $63.0kQ4 24P/C 0.50Q1 25 calls: $826.0kQ1 25 puts: $77.5kQ1 25P/C 0.09Q2 25 calls: $430.2kQ2 25 puts: $71.0kQ2 25P/C 0.17
Numbers
QuarterCallsPutsP/C
Q3 2024$161.7k$85.6k0.53
Q4 2024$126.5k$63.0k0.50
Q1 2025$826.0k$77.5k0.09
Q2 2025$430.2k$71.0k0.17

Biggest buyers

ACADIAN ASSET MANAGEMENT LLC Added +275,435+275.4k
ROYAL BANK OF CANADA Added +212,623+212.6k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +132,083+132.1k
MARSHALL WACE, LLP Added +116,418+116.4k
AMERICAN CENTURY COMPANIES INC Added +109,867+109.9k
Cubist Systematic Strategies, LLC Added +107,234+107.2k
Point72 Asset Management, L.P. New +65,200+65.2k
STATE STREET CORP Added +50,000+50.0k
UBS Group AG Added +24,842+24.8k
BANK OF AMERICA CORP /DE/ Added +22,570+22.6k

Biggest sellers

Skerryvore Asset Management Ltd Reduced -235,446-235.4k
CITADEL ADVISORS LLC Sold out -132,297-132.3k
BLI - Banque de Luxembourg Investments Reduced -70,000-70.0k
Trexquant Investment LP Sold out -29,480-29.5k
BlackRock, Inc. Reduced -27,524-27.5k
GOLDMAN SACHS GROUP INC Reduced -24,707-24.7k
GSA CAPITAL PARTNERS LLP Sold out -20,947-20.9k
D. E. Shaw & Co., Inc. Reduced -20,318-20.3k
RENAISSANCE TECHNOLOGIES LLC Reduced -18,500-18.5k
Advisory Services Network, LLC Sold out -16,331-16.3k

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 First Eagle Investment Management, LLC 0.41% of their portfolio NEW YORK, NY 15,891,62015.9m $205.3m $205.3m 0.41% Reduced -730 -730
2 Discerene Group LP 3.51% of their portfolio STAMFORD, CT 2,517,1572.5m $32.5m $32.5m 3.51% Unchanged
3 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,934,5471.9m $25.0m $25.0m 0.00% Reduced -10.1k -10,136
4 Skerryvore Asset Management Ltd 9.55% of their portfolio EDINBURGH, X0 917,510917.5k $11.9m $11.9m 9.55% Reduced -235.4k -235,446
5 MACQUARIE GROUP LTD 0.01% of their portfolio Sydney, NSW 2000, C3 559,389559.4k $7.2m $7.2m 0.01% Added +18.5k +18,470
6 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 487,149487.1k $6.3m $6.3m 0.01% Added +275.4k +275,435
7 BlackRock, Inc. 0.00% of their portfolio New York, NY 450,421450.4k $5.8m $5.8m 0.00% Reduced -27.5k -27,524
8 BLI - Banque de Luxembourg Investments 0.16% of their portfolio LUXEMBOURG CITY, N4 435,000435.0k $5.6m $5.6m 0.16% Reduced -70.0k -70,000
9 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 391,065391.1k $5.1m $5.1m 0.01% Reduced -18.5k -18,500
10 Ninety One UK Ltd 0.01% of their portfolio London, X0 312,746312.7k $4.0m $4.0m 0.01% Unchanged
11 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 282,777282.8k $3.7m $3.7m 0.00% Added +22.6k +22,570
12 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 255,380255.4k $3.3m $3.3m 0.00% Added +116.4k +116,418
13 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 249,556249.6k $3.2m $3.2m 0.00% Added +212.6k +212,623
14 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 173,672173.7k $2.2m $2.2m 0.00% Added +109.9k +109,867
15 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 171,396171.4k $2.2m $2.2m 0.00% Added +17.1k +17,086
16 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 166,244166.2k $2.1m $2.1m 0.00% Added +132.1k +132,083
17 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 162,060162.1k $2.1m $2.1m 0.00% Added +50.0k +50,000
18 Cubist Systematic Strategies, LLC 0.02% of their portfolio STAMFORD, CT 132,197132.2k $1.7m $1.7m 0.02% Added +107.2k +107,234
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 126,667126.7k $1.6m $1.6m 0.00% Added +4.7k +4,707
20 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 98,11598.1k $1.3m $1.3m 0.00% Reduced -15.3k -15,336
21 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 86,72186.7k $1.1m $1.1m 0.00% Reduced -20.3k -20,318
22 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 78,04378.0k $1.0m $1.0m 0.00% Added +5.0k +5,017
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 70,65470.7k $912.8k $912.8k 0.00% Added +24.8k +24,842
24 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 66,55566.6k $859.9k $859.9k 0.00% Added +15.3k +15,272
25 Mariner, LLC 0.00% of their portfolio Overland Park, KS 66,40866.4k $858.0k $858.0k 0.00% Added +5.0k +4,982
26 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 65,20065.2k $842.4k $842.4k 0.00% New
27 Vident Advisory, LLC 0.01% of their portfolio Alpharetta, GA 43,22043.2k $558.4k $558.4k 0.01% Reduced -1.5k -1,480
28 Investors Research Corp 0.09% of their portfolio ATLANTA, GA 36,27536.3k $468.7k $468.7k 0.09% Unchanged
29 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 34,68834.7k $448.2k $448.2k 0.00% Added +10.2k +10,243
30 NAPLES GLOBAL ADVISORS, LLC 0.03% of their portfolio NAPLES, FL 31,20031.2k $403.1k $403.1k 0.03% Unchanged
31 R Squared Ltd 0.21% of their portfolio HONG KONG, K3 29,60529.6k $382.5k $382.5k 0.21% Added +9.8k +9,796
32 Aquatic Capital Management LLC 0.01% of their portfolio CHICAGO, IL 28,83728.8k $372.6k $372.6k 0.01% Added +17.8k +17,811
33 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 25,79625.8k $333.3k $333.3k 0.00% Added +13.0k +13,000
34 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 25,29525.3k $326.8k $326.8k 0.00% Added +1.0k +1,043
35 Stokes Family Office, LLC 0.03% of their portfolio NEW ORLEANS, LA 25,00025.0k $323.0k $323.0k 0.03% Unchanged
36 Jump Financial, LLC 0.00% of their portfolio Chicago, IL 23,17723.2k $299.4k $299.4k 0.00% Reduced -12.9k -12,851
37 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 21,75021.8k $281.0k $281.0k 0.00% Added +200 +200
38 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 19,10819.1k $247.3k $247.3k 0.00% Unchanged
39 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 18,15918.2k $234.6k $234.6k 0.00% New
40 MQS Management LLC 0.12% of their portfolio NEW YORK, NY 17,26617.3k $223.1k $223.1k 0.12% New
41 QUADRANT CAPITAL GROUP LLC 0.01% of their portfolio CINCINNATI, OH 16,71516.7k $216.0k $216.0k 0.01% Reduced -10.0k -10,015
42 NATIXIS ADVISORS, LLC 0.00% of their portfolio Boston, MA 15,54915.5k $201.0k $201.0k 0.00% New
43 IEQ CAPITAL, LLC 0.00% of their portfolio Foster City, CA 15,27115.3k $197.3k $197.3k 0.00% New
44 BTG Pactual Asset Management US LLC 0.03% of their portfolio NEW YORK, NY 14,65614.7k $189.4k $189.4k 0.03% New
45 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 13,40513.4k $173.2k $173.2k 0.00% Reduced -24.7k -24,707
46 Ballentine Partners, LLC 0.00% of their portfolio Waltham, MA 13,37213.4k $172.8k $172.8k 0.00% Reduced -161 -161
47 Virtu Financial LLC 0.01% of their portfolio New York, NY 13,03413.0k $168.0k $168.0k 0.01% Reduced -3.0k -2,974
48 Savant Capital, LLC 0.00% of their portfolio ROCKFORD, IL 12,71312.7k $164.3k $164.3k 0.00% New
49 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 12,70312.7k $163.7k $163.7k 0.00% New
50 Fielder Capital Group LLC 0.04% of their portfolio NASHVILLE, TN 12,63612.6k $163.3k $163.3k 0.04% Unchanged
51 Ethic Inc. 0.00% of their portfolio NEW YORK, NY 12,25512.3k $158.0k $158.0k 0.00% Reduced -329 -329
52 DIVERSIFIED TRUST CO 0.00% of their portfolio MEMPHIS, TN 12,00712.0k $155.1k $155.1k 0.00% New
53 QRG CAPITAL MANAGEMENT, INC. 0.00% of their portfolio BERWYN, PA 11,25111.3k $145.4k $145.4k 0.00% Added +390 +390
54 BAROMETER CAPITAL MANAGEMENT INC. 0.03% of their portfolio TORONTO, A6 9,5439.5k $123.3k $123.3k 0.03% Unchanged
55 Channing Global Advisors, LLC 0.08% of their portfolio Miami, FL 9,0589.1k $117.0k $117.0k 0.08% Reduced -6.0k -6,023
56 Banque de Luxembourg S.A. 0.06% of their portfolio LUXEMBOURG, N4 6,6236.6k $100.7k $100.7k 0.06% Unchanged
57 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 6,4556.5k $83.4k $83.4k 0.00% Reduced -100 -100
58 Employees Retirement System of Texas 0.00% of their portfolio AUSTIN, TX 5,6945.7k $74.0k $74.0k 0.00% Unchanged
59 Parvin Asset Management, LLC 0.05% of their portfolio SIOUX FALLS, SD 3,8753.9k $50.1k $50.1k 0.05% Unchanged
60 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 3,2333.2k $41.8k $41.8k 0.00% Added +3.0k +2,994
61 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 2,6162.6k $33.8k $33.8k 0.00% Added +16 +16
62 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 2,0222.0k $26.0k $26.0k 0.00% New
63 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 1,6311.6k $21.1k $21.1k 0.00% Reduced -390 -390
64 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 1,5001.5k $19.4k $19.4k 0.00% Unchanged
65 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,4721.5k $19.0k $19.0k 0.00% Reduced -282 -282
66 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 1,3361.3k $17.3k $17.3k 0.00% New
67 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 1,2121.2k $15.7k $15.7k 0.00% New
68 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 947947 $12.2k $12.2k 0.00% Unchanged
69 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 840840 $10.9k $10.9k 0.00% Added +793 +793
70 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 296296 $3.8k $3.8k 0.00% Added +163 +163
71 WealthCollab, LLC 0.00% of their portfolio BELLEVUE, WA 202202 $2.6k $2.6k 0.00% Unchanged
72 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 168168 $2.2k $2.2k 0.00% Added +20 +20
73 FMR LLC 0.00% of their portfolio BOSTON, MA 138138 $1.8k $1.8k 0.00% Unchanged
74 CWM, LLC 0.00% of their portfolio OMAHA, NE 138138 $2.0k $2.0k 0.00% New
75 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 9090 $1.2k $1.2k 0.00% New
76 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 8585 $1.1k $1.1k 0.00% Added +58 +58
77 Physician Wealth Advisors, Inc. 0.00% of their portfolio MIDVALE, UT 8282 $1.1k $1.1k 0.00% Added +15 +15
78 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 7878 $1.0k $1.0k 0.00% Added +24 +24
79 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 6565 $840 $840 0.00% Added +32 +32
80 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 5050 $646 $646 0.00% Unchanged
81 JFS WEALTH ADVISORS, LLC 0.00% of their portfolio HERMITAGE, PA 4545 $582 $582 0.00% Unchanged
82 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 3131 $401 $401 0.00% Reduced -15 -15
83 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 1919 $245 $245 0.00% Unchanged
84 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged