CONSTELLATION BRANDS INC STZ
CL A · Common Stock · CUSIP 21036P108 · ISIN US21036P1084
American alcoholic beverage manufacturer
- SectorConsumer staples
- IndustryBeverages
- HeadquartersRochester, NY
- Founded1945
- Websitecbrands.mx
- FilingsSEC EDGAR
* 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 ($120.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $225.66. Options: 40 managers hold calls ($736.3m notional), 30 hold puts ($610.8m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,214 |
| Q4 2022 | 1,258 |
| Q1 2023 | 1,192 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 545 | 537 |
| Q1 2023 | 504 | 606 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $454.6m | $569.5m | 1.25 |
| Q4 2022 | $556.4m | $461.8m | 0.83 |
| Q1 2023 | $736.3m | $610.8m | 0.83 |
Biggest buyers
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +4.0m |
| Capital International Investors | Added | +3.4m |
| BARCLAYS PLC | Added | +1.3m |
| FMR LLC | Added | +1.2m |
| Invesco Ltd. | Added | +841.2k |
| Capital Research Global Investors | Added | +573.9k |
| VAN ECK ASSOCIATES CORP | Added | +449.7k |
| MILLENNIUM MANAGEMENT LLC | Added | +414.7k |
| STRS OHIO | Added | +346.3k |
| Holocene Advisors, LP | Added | +263.1k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -790.1k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -753.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -692.5k |
| AGF MANAGEMENT LTD | Sold out | -669.9k |
| AMERIPRISE FINANCIAL INC | Reduced | -402.2k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -387.0k |
| BANK OF MONTREAL /CAN/ | Reduced | -385.2k |
| JPMORGAN CHASE & CO | Reduced | -310.4k |
| Amundi | Reduced | -280.0k |
| EAGLE ASSET MANAGEMENT INC | Sold out | -273.3k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $130.0m575.6k shares |
| BlackRock Inc. | New | $120.9m535.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $106.7m472.5k shares |
| ROYAL BANK OF CANADA | Added | $54.5m241.1k shares |
| UBS Group AG | Added | $51.6m228.4k shares |
| JANE STREET GROUP, LLC | Reduced | $40.7m180.0k shares |
| Twin Tree Management, LP | Added | $36.7m162.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $32.9m145.8k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $29.7m131.4k shares |
| Capula Management Ltd | Added | $28.2m125.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $195.5m865.4k shares |
| CITADEL ADVISORS LLC | Reduced | $91.5m405.1k shares |
| UBS Group AG | Added | $67.7m299.6k shares |
| ROYAL BANK OF CANADA | New | $60.6m268.2k shares |
| Capula Management Ltd | Added | $28.2m125.0k shares |
| D. E. Shaw & Co., Inc. | Added | $26.4m116.8k shares |
| WOLVERINE TRADING, LLC | Added | $20.6m91.6k shares |
| HSBC HOLDINGS PLC | Added | $17.9m79.6k shares |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | $16.7m740 shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $16.4m72.6k 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.
| Holder | Stake |
|---|---|
| Capital World Investors 13G · institution +3.4 pts · filed 2026-05-14 | 7.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.0% |
Fell to 5% or below in the last year: BERKSHIRE HATHAWAY INC (0.4%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q1 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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 4 | $7.1m | — |
| Q3 2022 | 0 | — | 5 | $579.9m | — |
| Q4 2022 | 0 | — | 4 | $885.8m | — |
| Q1 2023 | 0 | — | 0 | — | — |
None reported in Q1 2023.
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.08% of their portfolio | 13.2m $3.0bn | Added +157.3k |
| BlackRock Inc. 0.08% of their portfolio | 11.2m $2.5bn | Added +79.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.27% of their portfolio | 7.9m $1.8bn | Added +4.0m |
| STATE STREET CORP 0.09% of their portfolio | 6.9m $1.6bn | Reduced -148.3k |
| Capital World Investors 0.31% of their portfolio | 6.7m $1.5bn | Added +62.5k |
| Capital International Investors 0.38% of their portfolio | 6.5m $1.5bn | Added +3.4m |
| FMR LLC 0.06% of their portfolio | 6.3m $1.4bn | Added +1.2m |
| MORGAN STANLEY 0.09% of their portfolio | 3.7m $837.8m | Reduced -100.6k |
| JPMORGAN CHASE & CO 0.11% of their portfolio | 3.6m $816.4m | Reduced -310.4k |
| Aristotle Capital Management, LLC 1.66% of their portfolio | 3.5m $793.9m | Reduced -65.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.14% of their portfolio | 3.2m $726.0m | Reduced -790.1k |
| ALLIANCEBERNSTEIN L.P. 0.30% of their portfolio | 3.1m $705.3m | Added +53.6k |
| Invesco Ltd. 0.19% of their portfolio | 3.0m $687.6m | Added +841.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.08% of their portfolio | 2.9m $645.1m | Added +50.7k |
| JANUS HENDERSON GROUP PLC 0.33% of their portfolio | 2.2m $503.4m | Added +14.3k |
| BANK OF AMERICA CORP /DE/ 0.06% of their portfolio | 2.2m $498.7m | Reduced -14.2k |
| AMERICAN CENTURY COMPANIES INC 0.37% of their portfolio | 2.1m $470.5m | Reduced -200.1k |
| Capital Research Global Investors 0.13% of their portfolio | 2.0m $453.8m | Added +573.9k |
| ROYAL BANK OF CANADA 0.12% of their portfolio | 1.7m $393.4m | Added +26.4k |
| NORGES BANK 0.08% of their portfolio | 1.6m $358.3m | Reduced -26.6k |
| NORTHERN TRUST CORP 0.07% of their portfolio | 1.6m $357.5m | Added +13.6k |
| BARCLAYS PLC 0.34% of their portfolio | 1.5m $327.9m | Added +1.3m |
| FRANKLIN RESOURCES INC 0.15% of their portfolio | 1.3m $297.2m | Reduced -74.8k |
| NEUBERGER BERMAN GROUP LLC 0.25% of their portfolio | 1.2m $266.1m | Reduced -753.1k |
| Bank of New York Mellon Corp 0.06% of their portfolio | 1.1m $256.1m | Reduced -56.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.12% of their portfolio | 1.1m $252.3m | Reduced -79.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.22% of their portfolio | 921.6k $208.2m | Reduced -387.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio | 916.5k $207.0m | Reduced -8.8k |
| Legal & General Group Plc 0.07% of their portfolio | 908.7k $205.3m | Added +13.5k |
| WELLS FARGO & COMPANY/MN 0.06% of their portfolio | 793.7k $179.3m | Reduced -80.0k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 736.9k $166.4m | Added +3.3k |
| Holocene Advisors, LP 0.81% of their portfolio | 716.3k $161.8m | Added +263.1k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.80% of their portfolio | 694.0k $156.8m | Added +1.9k |
| California Public Employees Retirement System 0.13% of their portfolio | 667.8k $150.8m | Reduced -41.7k |
| Swiss National Bank 0.10% of their portfolio | 658.8k $148.8m | Added +11.2k |
| DEUTSCHE BANK AG\ 0.07% of their portfolio | 571.3k $129.1m | Reduced -40.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio | 550.4k $124.3m | Added +21.1k |
| UBS Group AG 0.06% of their portfolio | 546.4k $123.4m | Reduced -82.0k |
| STRS OHIO 0.18% of their portfolio | 534.3k $120.7m | Added +346.3k |
| VAN ECK ASSOCIATES CORP 0.26% of their portfolio | 507.2k $114.6m | Added +449.7k |
| Bain Capital Public Equity Management II, LLC 6.80% of their portfolio | 502.7k $113.5m | Added +136.6k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 502.6k $113.5m | Added +37.4k |
| J.P. Morgan Private Wealth Advisors LLC 0.23% of their portfolio | 475.8k $107.5m | Reduced -2.9k |
| Nuveen Asset Management, LLC 0.04% of their portfolio | 474.4k $107.2m | Reduced -25.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio | 440.3k $99.5m | Added +15.7k |
| MILLENNIUM MANAGEMENT LLC 0.11% of their portfolio | 435.0k $98.3m | Added +414.7k |
| Clearbridge Investments, LLC 0.09% of their portfolio | 413.3k $93.4m | Added +218 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.12% of their portfolio | 412.6k $93.2m | Reduced -692.5k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.21% of their portfolio | 411.5k $93.0m | Added +105.5k |
| RAYMOND JAMES & ASSOCIATES 0.08% of their portfolio | 383.0k $86.5m | Reduced -7.3k |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 368.3k $83.2m | Reduced -402.2k |
| Carmignac Gestion 1.38% of their portfolio | 366.9k $82.9m | Added +8.6k |
| Scharf Investments, LLC 2.61% of their portfolio | 365.8k $82.6m | Added +7.6k |
| D. E. Shaw & Co., Inc. 0.12% of their portfolio | 333.3k $75.3m | Reduced -246.6k |
| Evercore Wealth Management, LLC 1.50% of their portfolio | 332.3k $75.1m | Added +959 |
| Gates Capital Management, Inc. 2.55% of their portfolio | 329.4k $74.4m | Reduced -52.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.12% of their portfolio | 326.7k $73.8m | Added +96.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.08% of their portfolio | 319.5k $72.2m | Reduced -27.8k |
| RHUMBLINE ADVISERS 0.08% of their portfolio | 304.7k $68.8m | Added +1.3k |
| Douglas Lane & Associates, LLC 1.12% of their portfolio | 299.3k $67.6m | Reduced -14.9k |
| Bridgewater Associates, LP 0.40% of their portfolio | 293.5k $66.3m | Reduced -42.1k |
| National Pension Service 0.11% of their portfolio | 280.4k $63.1m | Added +2.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.09% of their portfolio | 277.2k $62.6m | Added +5.6k |
| NICHOLAS COMPANY, INC. 1.23% of their portfolio | 267.5k $60.4m | Reduced -10 |
| HUNTINGTON NATIONAL BANK 0.59% of their portfolio | 263.0k $59.4m | Added +11.6k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.41% of their portfolio | 259.7k $58.7m | New |
| FORT PITT CAPITAL GROUP, LLC 2.16% of their portfolio | 248.5k $56.1m | Added +11.6k |
| CREDIT SUISSE AG/ 0.06% of their portfolio | 247.2k $55.8m | Added +17.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.07% of their portfolio | 241.2k $54.5m | Reduced -12.2k |
| DAVENPORT & Co LLC 0.41% of their portfolio | 230.5k $52.0m | Reduced -5.2k |
| CAMBIAR INVESTORS LLC 2.15% of their portfolio | 221.3k $50.0m | Added +13.2k |
| Corient Private Wealth LP 0.13% of their portfolio | 217.9k $49.2m | Added +22.0k |
| CITIGROUP INC 0.06% of their portfolio | 207.0k $46.8m | Added +4.8k |
| HSBC HOLDINGS PLC 0.06% of their portfolio | 205.3k $46.4m | Reduced -17.3k |
| Ceredex Value Advisors LLC 0.69% of their portfolio | 195.0k $44.1m | New |
| STIFEL FINANCIAL CORP 0.06% of their portfolio | 191.1k $43.2m | Reduced -45.7k |
| Retirement Systems of Alabama 0.19% of their portfolio | 190.7k $43.1m | Reduced -4.0k |
| Amundi 0.02% of their portfolio | 190.2k $42.1m | Reduced -280.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 188.1k $42.5m | Added +1.9k |
| KBC Group NV 0.18% of their portfolio | 188.0k $42.5m | Reduced -41.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 182.2k $41.1m | Added +15.2k |
| Manning & Napier Group, LLC 0.48% of their portfolio | 182.1k $41.1m | Reduced -5.0k |
| TORONTO DOMINION BANK 0.07% of their portfolio | 181.5k $41.0m | Added +87.6k |
| Freshford Capital Management, LLC 7.42% of their portfolio | 179.8k $40.6m | Added +80.3k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 179.5k $40.6m | Reduced -385.2k |
| Allspring Global Investments Holdings, LLC 0.07% of their portfolio | 176.4k $39.8m | Reduced -11.2k |
| Epoch Investment Partners, Inc. 0.24% of their portfolio | 175.8k $39.7m | Reduced -11.8k |
| MACKENZIE FINANCIAL CORP 0.06% of their portfolio | 175.1k $39.6m | Reduced -96.2k |
| SEI INVESTMENTS CO 0.07% of their portfolio | 172.8k $39.0m | Added +11.9k |
| J. Goldman & Co LP 2.20% of their portfolio | 168.2k $38.0m | New |
| AMI ASSET MANAGEMENT CORP 2.42% of their portfolio | 167.6k $37.9m | Reduced -2.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.09% of their portfolio | 165.5k $37.4m | Reduced -7.5k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.28% of their portfolio | 165.2k $37.3m | Added +86.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.09% of their portfolio | 165.2k $37.3m | Reduced -8.0k |
| Baird Financial Group, Inc. 0.09% of their portfolio | 157.6k $35.6m | Reduced -5.7k |
| Korea Investment CORP 0.10% of their portfolio | 151.4k $34.2m | Added +15.0k |
| CANADA LIFE ASSURANCE Co 0.08% of their portfolio | 147.1k $33.3m | Reduced -6.2k |
| PNC Financial Services Group, Inc. 0.03% of their portfolio | 144.9k $32.7m | Reduced -8.8k |
| PRUDENTIAL FINANCIAL INC 0.05% of their portfolio | 144.6k $33.6m | Reduced -163.8k |
| Schonfeld Strategic Advisors LLC 0.30% of their portfolio | 139.4k $31.5m | Added +8.7k |