COMPANIA CERVECERIAS UNIDAS CCU
SPONSORED ADR · ADR · CUSIP 204429104
Chilean drinks and beer company
81
institutional holders
+3 vs Q1 2026
42.8m
shares reported held*
$479.3mreported value*
18 new
25 added
24 reduced
13 sold out
net bought ≈ $192.7m (+17.2m 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 ($238.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $11.20. Options: 2 managers hold calls ($170.2k notional), 1 hold puts ($275.5k).
Trends to Q2 2026
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 |
| Q3 2025 | 77 |
| Q4 2025 | 82 |
| Q1 2026 | 78 |
| Q2 2026 | 81 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 17 | 44 |
| Q4 2024 | 33 | 27 |
| Q1 2025 | 42 | 31 |
| Q2 2025 | 45 | 28 |
| Q3 2025 | 31 | 41 |
| Q4 2025 | 41 | 36 |
| Q1 2026 | 36 | 43 |
| Q2 2026 | 43 | 37 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $195.9k | $47.0k | 0.24 |
| Q4 2025 | $273.1k | $228.4k | 0.84 |
| Q1 2026 | $359.8k | $339.4k | 0.94 |
| Q2 2026 | $170.2k | $275.5k | 1.62 |
Biggest buyers
| First Eagle Investment Management, LLC | Added | +16.1m |
| Fundamenta Capital S.A. | New | +1.2m |
| Empowered Funds, LLC | New | +602.6k |
| MARSHALL WACE, LLP | New | +43.7k |
| UBS Group AG | Added | +22.9k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +20.5k |
| JANE STREET GROUP, LLC | New | +19.9k |
| Nuveen, LLC | New | +18.1k |
| XTX Topco Ltd | Added | +17.1k |
| BANK OF AMERICA CORP /DE/ | Added | +17.1k |
Biggest sellers
| BLI - Banque de Luxembourg Investments | Sold out | -400.0k |
| Discerene Group LP | Reduced | -238.1k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | Reduced | -67.1k |
| Point72 Asset Management, L.P. | Sold out | -65.0k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -60.6k |
| Schonfeld Strategic Advisors LLC | Sold out | -45.3k |
| Elequin Capital, LP | Reduced | -25.3k |
| Mariner, LLC | Reduced | -19.6k |
| GOLDMAN SACHS GROUP INC | Reduced | -17.9k |
| Trexquant Investment LP | Sold out | -15.6k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $168.0k15.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.2k200 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $275.5k24.6k 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.
Insider purchases and sales since 1 Apr 2026
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 since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| First Eagle Investment Management, LLC 0.30% of their portfolio | 32.2m $361.1m | Added +16.1m |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 3.1m $34.7m | Added +5.7k |
| Discerene Group LP 2.06% of their portfolio | 1.6m $18.3m | Reduced -238.1k |
| Fundamenta Capital S.A. 7.76% of their portfolio | 1.2m $13.4m | New |
| Empowered Funds, LLC 0.04% of their portfolio | 602.6k $6.7m | New |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.01% of their portfolio | 438.1k $4.9m | Reduced -67.1k |
| BlackRock, Inc. 0.00% of their portfolio | 364.4k $4.1m | Added +94 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 346.3k $3.9m | Added +17.1k |
| STATE STREET CORP 0.00% of their portfolio | 337.1k $3.8m | Unchanged |
| Ninety One UK Ltd 0.01% of their portfolio | 279.4k $3.1m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 265.1k $3.0m | Added +22.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 252.7k $2.8m | Reduced -60.6k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 245.4k $2.7m | Added +12.5k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 184.7k $2.1m | Added +770 |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 114.8k $1.3m | Added +8.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 107.0k $1.2m | Reduced -11.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 100.0k $1.1m | Added +7.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 83.1k $931.0k | Added +13.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 82.7k $926.6k | Added +7.5k |
| XTX Topco Ltd 0.01% of their portfolio | 58.9k $659.3k | Added +17.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 56.6k $633.6k | Reduced -14.1k |
| MORGAN STANLEY 0.00% of their portfolio | 55.8k $625.1k | Reduced -1.4k |
| R Squared Ltd 0.32% of their portfolio | 54.1k $606.2k | Added +3.8k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 43.7k $489.5k | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 42.0k $470.3k | Reduced -17.9k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 41.4k $460.0k | Added +20.5k |
| Jump Financial, LLC 0.00% of their portfolio | 35.1k $393.1k | Reduced -3.5k |
| Investors Research Corp 0.07% of their portfolio | 34.4k $385.0k | Reduced -400 |
| NAPLES GLOBAL ADVISORS, LLC 0.02% of their portfolio | 29.1k $325.9k | Reduced -150 |
| Blue Trust, Inc. 0.00% of their portfolio | 27.0k $302.4k | Added +1.9k |
| STEPHENS INC /AR/ 0.00% of their portfolio | 26.5k $297.0k | Reduced -616 |
| LPL Financial LLC 0.00% of their portfolio | 26.2k $293.9k | Added +9.1k |
| GUGGENHEIM CAPITAL LLC 0.00% of their portfolio | 25.2k $282.0k | Reduced -123 |
| Stokes Family Office, LLC 0.03% of their portfolio | 25.0k $280.0k | Unchanged |
| Vident Advisory, LLC 0.00% of their portfolio | 24.7k $277.1k | Reduced -3.1k |
| BTG Pactual Asset Management US LLC 0.02% of their portfolio | 24.5k $274.7k | Added +448 |
| Mariner, LLC 0.00% of their portfolio | 22.1k $247.5k | Reduced -19.6k |
| Elequin Capital, LP 0.01% of their portfolio | 21.5k $240.4k | Reduced -25.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 19.9k $222.3k | New |
| Nuveen, LLC 0.00% of their portfolio | 18.1k $203.1k | New |
| MQS Management LLC 0.23% of their portfolio | 17.0k $190.8k | New |
| Engineers Gate Manager LP 0.00% of their portfolio | 15.1k $168.9k | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 12.7k $142.0k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 12.3k $138.2k | New |
| Fielder Capital Group LLC 0.03% of their portfolio | 11.8k $132.4k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 11.7k $131.6k | New |
| Creative Planning 0.00% of their portfolio | 11.1k $124.8k | New |
| Aquatic Capital Management LLC 0.00% of their portfolio | 7.3k $81.9k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 6.2k $69.6k | Unchanged |
| Employees Retirement System of Texas 0.00% of their portfolio | 5.7k $64.0k | Unchanged |
| GAMMA Investing LLC 0.00% of their portfolio | 3.9k $43.2k | Added +1.5k |
| FIRST HORIZON CORP 0.00% of their portfolio | 3.5k $38.7k | Unchanged |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio | 3.4k $38.1k | New |
| CITIGROUP INC 0.00% of their portfolio | 3.0k $33.5k | Added +965 |
| Parallel Advisors, LLC 0.00% of their portfolio | 1.2k $13.6k | Added +158 |
| SIGNATUREFD, LLC 0.00% of their portfolio | 839 $9.4k | Reduced -504 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 619 $6.9k | Added +213 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 588 $6.6k | Added +71 |
| Smartleaf Asset Management LLC 0.00% of their portfolio | 571 $6.4k | Unchanged |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 544 $6.1k | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 536 $6.0k | Reduced -37 |
| US BANCORP \DE\ 0.00% of their portfolio | 338 $3.8k | Reduced -609 |
| Silver Grove Financial Group, Inc. 0.00% of their portfolio | 302 $3.4k | New |
| Arax Advisory Partners 0.00% of their portfolio | 293 $3.3k | Reduced -544 |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 244 $2.7k | Reduced -2.3k |
| BESSEMER GROUP INC 0.00% of their portfolio | 236 $3.0k | Unchanged |
| ASSETMARK, INC 0.00% of their portfolio | 225 $2.5k | Added +191 |
| WealthCollab, LLC 0.00% of their portfolio | 205 $2.3k | Added +3 |
| Global Retirement Partners, LLC 0.00% of their portfolio | 158 $1.8k | First filing |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 150 $1.7k | Reduced -14 |
| Allworth Financial LP 0.00% of their portfolio | 146 $1.6k | Added +111 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 119 $1.3k | Unchanged |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 100 $1.1k | Unchanged |
| Larson Financial Group LLC 0.00% of their portfolio | 55 $616 | Reduced -175 |
| FMR LLC 0.00% of their portfolio | 45 $504 | Reduced -30 |
| Physician Wealth Advisors, Inc. 0.00% of their portfolio | 45 $504 | New |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 18 $202 | Unchanged |
| JFS WEALTH ADVISORS, LLC 0.00% of their portfolio | 4 $45 | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 2 $22 | New |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 2 $22 | New |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 1 $19 | Reduced -632 |