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 ($35.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $139.09. Options: 29 managers hold calls ($542.1m notional), 37 hold puts ($597.7m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,214 |
| Q4 2022 | 1,258 |
| Q1 2023 | 1,192 |
| Q2 2023 | 1,230 |
| Q3 2023 | 1,256 |
| Q4 2023 | 1,300 |
| Q1 2024 | 1,322 |
| Q2 2024 | 1,343 |
| Q3 2024 | 1,326 |
| Q4 2024 | 1,341 |
| Q1 2025 | 1,181 |
| Q2 2025 | 1,133 |
| Q3 2025 | 1,046 |
| Q4 2025 | 1,044 |
| Q1 2026 | 1,050 |
| Q2 2026 | 1,032 |
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 2024 | 579 | 627 |
| Q4 2024 | 511 | 689 |
| Q1 2025 | 488 | 806 |
| Q2 2025 | 482 | 640 |
| Q3 2025 | 421 | 659 |
| Q4 2025 | 416 | 562 |
| Q1 2026 | 508 | 453 |
| Q2 2026 | 394 | 564 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $959.1m | $1.2bn | 1.23 |
| Q4 2025 | $971.6m | $905.9m | 0.93 |
| Q1 2026 | $606.3m | $578.7m | 0.95 |
| Q2 2026 | $542.1m | $597.7m | 1.10 |
Biggest buyers
| JANE STREET GROUP, LLC | Added | +1.9m |
| BNP PARIBAS FINANCIAL MARKETS | Added | +1.7m |
| Qube Research & Technologies Ltd | New | +1.1m |
| Amundi | Added | +822.4k |
| MILLENNIUM MANAGEMENT LLC | Added | +733.4k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Added | +627.3k |
| Point72 Asset Management, L.P. | Added | +571.5k |
| Assenagon Asset Management S.A. | Added | +562.8k |
| Invesco Ltd. | Added | +468.8k |
| BlackRock, Inc. | Added | +420.3k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -2.8m |
| Capital Research Global Investors | Reduced | -1.4m |
| Capital World Investors | Reduced | -997.7k |
| CITADEL ADVISORS LLC | Reduced | -893.1k |
| Holocene Advisors, LP | Reduced | -880.3k |
| Capital International Investors | Reduced | -784.6k |
| Balyasny Asset Management L.P. | Reduced | -762.4k |
| Berkshire Hathaway Inc | Sold out | -632.9k |
| Ilex Capital Partners (UK) LLP | Sold out | -630.7k |
| FMR LLC | Reduced | -526.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $121.5m873.4k shares |
| CITADEL ADVISORS LLC | Added | $93.6m673.1k shares |
| JANE STREET GROUP, LLC | Added | $70.7m508.0k shares |
| IMC-Chicago, LLC | Reduced | $41.7m299.9k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | Added | $41.6m299.3k shares |
| Point72 Asset Management, L.P. | Added | $34.5m247.8k shares |
| Walleye Trading LLC | Reduced | $23.9m171.5k shares |
| CITIGROUP INC | New | $22.4m161.3k shares |
| GROUP ONE TRADING LLC | Reduced | $16.3m116.9k shares |
| Balyasny Asset Management L.P. | Added | $13.5m96.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $190.8m1.4m shares |
| CITADEL ADVISORS LLC | Added | $99.6m716.3k shares |
| JANE STREET GROUP, LLC | Added | $70.5m507.1k shares |
| IMC-Chicago, LLC | Added | $47.2m339.2k shares |
| CITIGROUP INC | New | $30.6m220.0k shares |
| Cable Car Capital, LP | New | $23.7m170.1k shares |
| Point72 Asset Management, L.P. | Added | $17.7m127.6k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | Added | $14.1m101.2k shares |
| Walleye Trading LLC | Added | $13.1m94.2k shares |
| HSBC HOLDINGS PLC | Added | $13.0m95.1k 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 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.
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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 6 | $60.5m | — |
| Q1 2025 | 1 | $186.4k | 0 | — | — |
| Q2 2025 | 0 | — | 1 | $593.9k | — |
| Q3 2025 | 1 | $340.9k | 1 | $138.7k | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 1 | $85.3k | — |
| Q2 2026 | 0 | — | 2 | $939.1k | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-05-12 | Bourdeau James O. EVP and Senior Advisor | Sold | $631.3k4.4k shares |
| 2026-04-27 | Hernandez Ernesto M Director | Sold | $307.8k2.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 11.5m $1.6bn | Added +420.3k |
| Capital World Investors 0.18% of their portfolio | 11.2m $1.6bn | Reduced -997.7k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 9.3m $1.3bn | Added +261.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.05% of their portfolio | 7.8m $1.1bn | Added +320.3k |
| STATE STREET CORP 0.03% of their portfolio | 6.8m $944.3m | Reduced -236.8k |
| FMR LLC 0.03% of their portfolio | 4.6m $639.9m | Reduced -526.0k |
| Grantham, Mayo, Van Otterloo & Co. LLC 1.25% of their portfolio | 4.0m $556.1m | Reduced -27.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 3.8m $529.3m | Added +11.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.09% of their portfolio | 3.8m $531.0m | Reduced -2.8m |
| AMERIPRISE FINANCIAL INC 0.10% of their portfolio | 3.5m $481.1m | Added +52.7k |
| HARRIS ASSOCIATES L P 0.57% of their portfolio | 3.1m $430.8m | Reduced -136.2k |
| CITADEL ADVISORS LLC 0.22% of their portfolio | 2.8m $391.7m | Reduced -893.1k |
| Point72 Asset Management, L.P. 0.52% of their portfolio | 2.5m $342.6m | Added +571.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 2.4m $335.5m | Added +179.8k |
| MORGAN STANLEY 0.02% of their portfolio | 2.4m $334.6m | Reduced -134.2k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.97% of their portfolio | 2.4m $332.7m | Added +627.3k |
| Invesco Ltd. 0.03% of their portfolio | 2.4m $329.0m | Added +468.8k |
| VAN ECK ASSOCIATES CORP 0.18% of their portfolio | 2.2m $300.6m | Reduced -184.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.15% of their portfolio | 2.1m $288.0m | Added +1.7m |
| JANE STREET GROUP, LLC 0.17% of their portfolio | 1.9m $261.4m | Added +1.9m |
| NORGES BANK 0.02% of their portfolio | 1.8m $249.0m | Not comparable |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 1.6m $215.9m | Reduced -274.4k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.5m $208.5m | Added +162.0k |
| Jupiter Topco LLC 0.08% of their portfolio | 1.5m $207.8m | First filing |
| Balyasny Asset Management L.P. 0.34% of their portfolio | 1.3m $185.2m | Reduced -762.4k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.3m $175.5m | Reduced -52.4k |
| Amundi 0.04% of their portfolio | 1.2m $171.8m | Added +822.4k |
| Qube Research & Technologies Ltd 0.18% of their portfolio | 1.1m $158.1m | New |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.1m $151.9m | Reduced -311.4k |
| UBS Group AG 0.02% of their portfolio | 1.1m $150.2m | Reduced -65.8k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 1.1m $149.4m | Added +70.3k |
| MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio | 976.9k $135.9m | Added +733.4k |
| NORDEA INVESTMENT MANAGEMENT AB 0.10% of their portfolio | 941.7k $128.6m | Added +48.1k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 938.0k $130.5m | Reduced -104.7k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 918.5k $128.3m | Reduced -95.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 888.8k $123.6m | Added +7.3k |
| MARSHALL WACE, LLP 0.10% of their portfolio | 883.1k $122.8m | Reduced -221.9k |
| Capital International Investors 0.02% of their portfolio | 834.6k $116.1m | Reduced -784.6k |
| Legal & General Group Plc 0.02% of their portfolio | 806.2k $112.1m | Reduced -37.5k |
| LSV ASSET MANAGEMENT 0.20% of their portfolio | 804.2k $111.9m | Added +137.9k |
| VANGUARD FIDUCIARY TRUST CO 0.02% of their portfolio | 788.7k $109.7m | Reduced -1.0k |
| Capital Research Global Investors 0.01% of their portfolio | 762.8k $106.1m | Reduced -1.4m |
| CITIGROUP INC 0.05% of their portfolio | 734.5k $102.2m | Added +231.9k |
| Pacer Advisors, Inc. 0.26% of their portfolio | 729.3k $101.4m | Reduced -17.5k |
| Assenagon Asset Management S.A. 0.06% of their portfolio | 676.3k $94.1m | Added +562.8k |
| Nykredit A/S 0.26% of their portfolio | 601.7k $83.7m | First filing |
| PZENA INVESTMENT MANAGEMENT LLC 0.24% of their portfolio | 599.3k $83.4m | Added +3.5k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 523.5k $74.0m | Added +43.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.06% of their portfolio | 521.8k $72.6m | Added +390.9k |
| FIL Ltd 0.05% of their portfolio | 477.6k $66.4m | Added +101.5k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 474.8k $66.0m | Reduced -64.3k |
| BARCLAYS PLC 0.02% of their portfolio | 462.1k $64.3m | Added +125.5k |
| AVIVA PLC 0.08% of their portfolio | 404.9k $56.3m | Added +2.1k |
| Swiss National Bank 0.03% of their portfolio | 391.2k $54.4m | Reduced -41.3k |
| Nuveen, LLC 0.01% of their portfolio | 358.8k $49.9m | Reduced -7.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 341.4k $47.5m | Added +15.4k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 305.0k $42.1m | Added +12.7k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 302.9k $42.1m | Reduced -179.3k |
| Vanguard Global Advisers, LLC 0.02% of their portfolio | 301.9k $42.0m | Reduced -6.9k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 300.4k $45.1m | Added +134.6k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 300.0k $41.7m | Added +3.3k |
| HighTower Advisors, LLC 0.04% of their portfolio | 299.1k $41.6m | Added +52.0k |
| Man Group plc 0.08% of their portfolio | 295.7k $41.1m | Added +215.3k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.03% of their portfolio | 293.0k $40.7m | Added +26.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 287.6k $40.0m | Added +135.0k |
| California Public Employees Retirement System 0.02% of their portfolio | 281.8k $39.2m | Reduced -41.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 281.3k $39.1m | Reduced -25.1k |
| Holocene Advisors, LP 0.09% of their portfolio | 275.4k $38.3m | Reduced -880.3k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 267.1k $37.1m | Reduced -45.9k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.18% of their portfolio | 263.6k $36.7m | Added +3.5k |
| THOMPSON SIEGEL & WALMSLEY LLC 0.65% of their portfolio | 260.7k $36.3m | Reduced -32.5k |
| CAMBIAR INVESTORS LLC 1.55% of their portfolio | 256.5k $35.7m | Reduced -12.1k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 254.7k $35.4m | Reduced -38.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 247.2k $34.4m | Added +5.6k |
| SG Americas Securities, LLC 0.02% of their portfolio | 235.9k $32.8m | Added +226.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 234.5k $32.6m | Added +118.9k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.25% of their portfolio | 227.1k $31.6m | Added +33.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 223.2k $31.0m | Reduced -48.2k |
| Night Squared LP 3.20% of their portfolio | 214.0k $29.8m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 211.1k $29.4m | Added +9.6k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 208.9k $29.1m | Reduced -153.8k |
| Schonfeld Strategic Advisors LLC 0.15% of their portfolio | 204.0k $28.4m | Added +159.6k |
| Hook Mill Capital Partners, LP 2.60% of their portfolio | 201.4k $28.0m | Reduced -98.1k |
| VAUGHAN DAVID INVESTMENTS LLC/IL 0.54% of their portfolio | 195.4k $27.2m | Added +6.3k |
| OLD REPUBLIC INTERNATIONAL CORP 1.01% of their portfolio | 193.5k $26.9m | Unchanged |
| Empyrean Capital Partners, LP 0.89% of their portfolio | 181.3k $25.2m | Reduced -424.9k |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 175.8k $24.5m | Reduced -21.4k |
| Cable Car Capital, LP 1.03% of their portfolio | 170.1k $23.7m | New |
| SCOPUS ASSET MANAGEMENT, L.P. 0.55% of their portfolio | 168.5k $23.4m | New |
| Framtiden Holdings Management Co LLC 16.86% of their portfolio | 165.0k $27.8m | Added +25.0k |
| Squarepoint Ops LLC 0.04% of their portfolio | 160.7k $22.4m | Added +130.3k |
| Capital International, Inc./CA/ 0.16% of their portfolio | 160.3k $22.3m | Reduced -20.8k |
| EDMOND DE ROTHSCHILD HOLDING S.A. 0.29% of their portfolio | 160.0k $22.3m | Unchanged |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 159.9k $22.2m | Reduced -4.0k |
| EP Wealth Advisors, LLC 0.08% of their portfolio | 159.8k $22.2m | Added +18.2k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 0.35% of their portfolio | 159.6k $22.2m | Reduced -12.1k |
| Ceredex Value Advisors LLC 0.62% of their portfolio | 158.7k $22.1m | Added +15.1k |
| Junto Capital Management LP 0.40% of their portfolio | 155.9k $21.7m | New |
| National Pension Service 0.01% of their portfolio | 152.6k $21.2m | Reduced -250.3k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 1.36% of their portfolio | 150.5k $20.9m | Added +5.5k |