BUD
Anheuser-Busch InBev SA/NV · Consumer Defensive · Beverages - Alcoholic
Momentum inputs (comparable managers):
holder breadth +6.2% ·
share flow -7.5% ·
net new positions +5.9%
— formula
Ownership fragmentation — more holders, smaller aggregate stake
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 107 | +5 | 83.60M | $6.89B | +8 | −3 |
| Q1 2026 | 103 | 0 | 80.33M | $5.57B | +8 | −8 |
| Q4 2025 | 103 | 0 | 87.09M | $5.58B | +1 | −1 |
| Q3 2025 | 17 | -3 | 66.27M | $3.95B | — | −3 |
| Q2 2025 | 17 | +1 | 61.50M | $4.23B | +1 | — |
| Q1 2025 | 14 | +1 | 58.64M | $3.61B | +1 | — |
| Q4 2024 | 13 | 0 | 54.45M | $2.73B | — | — |
| Q3 2024 | 13 | +2 | 47.45M | $3.15B | +2 | — |
| Q2 2024 | 11 | — | 45.16M | $2.63B | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Dodge & Cox ✦ | 38.48M | -6.4% | $2.64B | 1.5% | ▼ Trim | 5 | SEC ↗ |
| 2 | Fisher Asset Management ✦ | 10.66M | +4.5% | $732.83M | 0.3% | ▲ Add | 5 | SEC ↗ |
| 3 | Fidelity (FMR) ✦ | 6.96M | — | $478.00M | 0.0% | n/c | 1 | SEC ↗ |
| 4 | Fidelity (FMR) ✦ | 6.96M | — | $478.00M | 0.0% | n/c | 1 | SEC ↗ |
| 5 | Fidelity (FMR) ✦ | 6.96M | — | $478.00M | 0.0% | n/c | 1 | SEC ↗ |
| 6 | Fidelity (FMR) ✦ | 6.96M | — | $478.00M | 0.0% | n/c | 1 | SEC ↗ |
| 7 | Gates Foundation Trust ✦ | 1.70M | 0.0% | $117.03M | 0.2% | Held | 5 | SEC ↗ |
| 8 | Renaissance Technologies ✦ | 1.20M | +30.3% | $82.55M | 0.1% | ▲ Add | 5 | SEC ↗ |
| 9 | BlackRock ✦ (passive) | 866.76K | — | $59.56M | 0.0% | n/c | 1 | SEC ↗ |
| 10 | BlackRock ✦ (passive) | 866.76K | — | $59.56M | 0.0% | n/c | 1 | SEC ↗ |
| 11 | BlackRock ✦ (passive) | 866.76K | — | $59.56M | 0.0% | n/c | 1 | SEC ↗ |
| 12 | Arrowstreet Capital ✦ | 457.03K | -74.9% | $31.41M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 13 | Citadel Advisors ✦ | 374.20K | -69.0% | $25.72M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 14 | Marshall Wace ✦ | 337.31K | +169.8% | $23.18M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 15 | Marshall Wace ✦ | 337.31K | +169.8% | $23.18M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 16 | Marshall Wace ✦ | 337.31K | +169.8% | $23.18M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 17 | Point72 Asset Management ✦ | 175.01K | -19.3% | $12.03M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 18 | D. E. Shaw & Co. ✦ | 123.81K | -62.7% | $8.51M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 19 | Millennium Management ✦ | 102.18K | -89.2% | $7.02M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 20 | Two Sigma Investments ✦ | 28.90K | 0.0% | $1.99M | 0.0% | Held | 5 | SEC ↗ |
| 21 | AQR Capital Management ✦ | 13.48K | +49.2% | $926,176 | 0.0% | ▲ Add | 4 | SEC ↗ |
| 22 | AQR Capital Management ✦ | 13.48K | +49.2% | $926,176 | 0.0% | ▲ Add | 4 | SEC ↗ |
| 23 | GAMCO Investors ✦ | 12.54K | New | $861,749 | 0.0% | New | 1 | SEC ↗ |
| 24 | Markel Group ✦ | 11.00K | 0.0% | $755,920 | 0.0% | Held | 5 | SEC ↗ |
| 25 | Baillie Gifford ✦ | 113 | +13.0% | $7,765 | 0.0% | ▲ Add | 5 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| GAMCO Investors | $861,749 | 0.0% |
Exited
| No tracked exits this quarter. |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 540 holders, 91.68M shares, $6.27B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.