Anheuser-Busch Inbev-SPN ADRBUD
13F holders, Q2 2024 (June 30)At the end of Q2 2024, 508 institutions reported holding Anheuser-Busch Inbev-SPN ADR (BUD) in their 13F filings, down 22 from Q1 2024. 43 opened new positions and 71 sold out. The largest holders were Dodge & Cox ($1.8B), Fisher Asset Management ($565.2M) and Manufacturers Life Insurance Company, The ($427.4M). 8 famous investors held it, including Ken Fisher (0.2% of Fisher Asset Management's portfolio), Bill Gates / Michael Larson (0.2% of Gates Foundation Trust's portfolio) and Paul Tudor Jones (0.2% of Tudor Investment Corporation's portfolio).
- Company
- Anheuser-Busch Inbev-SPN ADR
- CUSIP
- 03524A108
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2024 → Q2 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 43 | $88.5M |
| Exits | 71 | $346.4M |
All 13F filers, Q1 2024 → Q2 2024: 7,371,438 shares bought and 16,207,007 shares sold, net −8,835,569 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 508 holders
| Dodge & Cox | 1.10% | Reduce -0.8% | 31,470,885 | $1.8B |
| Fisher Asset Management | 0.25% | Add +4.6% | 9,719,685 | $565.2M |
| Manufacturers Life Insurance Company, The | 0.40% | Reduce -18.7% | 7,350,168 | $427.4M |
| Royal Bank of Canada | 0.08% | Reduce -8.1% | 5,731,185 | $333.3M |
| Holocene Advisors, LP | 0.86% | Add +6.6% | 3,528,379 | $205.2M |
| Morgan Stanley | 0.01% | Reduce -1.5% | 2,486,285 | $144.6M |
| Capital International Investors | 0.03% | Add +12.5% | 2,433,226 | $143.6M |
| DAVENPORT & Co LLC | 0.76% | Reduce -0.1% | 2,061,320 | $120.3M |
| Hotchkis & Wiley Capital Management LLC | 0.42% | Add +337.2% | 2,049,200 | $119.2M |
| Samlyn Capital, LLC | 1.94% | Reduce -5.0% | 1,938,346 | $112.7M |
| Bank of America Corp. | 0.01% | Reduce -2.1% | 1,790,917 | $104.1M |
| Gates Foundation Trust | 0.21% | No change | 1,703,000 | $99.0M |
| Douglas Lane & Associates, LLC | 1.05% | Reduce -0.5% | 1,276,593 | $74.2M |
| Douglass Winthrop Advisors, LLC | 1.48% | Add +12.5% | 1,250,917 | $72.7M |
| Rivulet Capital, LLC | 4.83% | No change | 1,200,000 | $69.8M |
| Clarkston Capital Partners, LLC | 1.27% | Add +1.1% | 1,144,624 | $66.6M |
| Susquehanna International Group, LLP | 0.11% | Add +135.3% | 1,070,458 | $62.2M |
| Seafarer Capital Partners, LLC | 18.90% | No change | 952,000 | $55.4M |
| Goldman Sachs Group Inc. | 0.01% | Reduce -28.6% | 941,054 | $54.7M |
| Armistice Capital, LLC | 1.28% | Add +19.5% | 839,000 | $48.8M |
| Wells Fargo & Company | 0.01% | Reduce -4.3% | 833,767 | $48.5M |
| HBK Investments L P | 1.28% | Add +31.9% | 786,752 | $45.7M |
| Raymond James & Associates | 0.03% | Add +33.8% | 726,470 | $42.2M |
| Millennium Management | 0.03% | Add +702.2% | 693,128 | $40.3M |
| Northern Trust Corp. | 0.01% | Add +0.3% | 686,394 | $39.9M |
| FMR LLC | 0.00% | Reduce -33.1% | 684,775 | $39.8M |
| Envestnet Asset Management Inc. | 0.01% | Add +10.2% | 611,578 | $35.6M |
| Renaissance Technologies | 0.06% | Add +672.3% | 600,300 | $34.9M |
| BlackRock Inc. | 0.00% | Add +2.3% | 588,393 | $34.2M |
| Causeway Capital Management LLC | 0.77% | Add +3.9% | 488,305 | $28.4M |
| Alyeska Investment Group, L.P. | 0.15% | Reduce -46.3% | 458,607 | $26.7M |
| Cook & Bynum Capital Management, LLC | 20.13% | No change | 454,871 | $26.5M |
| Citadel Advisors | 0.03% | Reduce -90.4% | 429,338 | $25.0M |
| Capco Asset Management, LLC | 5.87% | Add +1.7% | 426,747 | $24.8M |
| First Manhattan Co. Llc. | 0.08% | Reduce -7.6% | 425,844 | $24.8M |
| UBS Group AG | 0.01% | Add +24.6% | 365,487 | $21.3M |
| Penn Davis McFarland Inc. | 3.14% | Reduce -0.2% | 349,225 | $20.3M |
| Two Sigma Investments, LP | 0.05% | New | 328,745 | $19.1M |
| Great Lakes Advisors, LLC | 0.16% | Reduce -0.2% | 315,559 | $18.3M |
| Tudor Investment Corporation | 0.19% | Reduce -62.5% | 294,435 | $17.1M |
| Everett Harris & Co. | 0.21% | Add +0.4% | 278,627 | $16.2M |
| Qube Research & Technologies Ltd | 0.03% | New | 277,872 | $16.2M |
| Capital Group Private Client Services, Inc. | 0.16% | Reduce -4.7% | 273,003 | $15.9M |
| Verition Fund Management LLC | 0.11% | Add +0.1% | 227,938 | $13.3M |
| Sei Investments Co. | 0.02% | Add +1.6% | 225,920 | $13.1M |
| Voloridge Investment Management, LLC | 0.05% | New | 208,954 | $12.2M |
| GFS Advisors, LLC | 1.92% | Reduce -99.8% | 345 | $11.9M |
| Fairview Capital Investment Management, LLC | 0.66% | Add +3.7% | 201,935 | $11.7M |
| Barclays PLC | 0.00% | Reduce -19.6% | 179,771 | $10.5M |
| American Century Companies Inc. | 0.01% | Add +21.9% | 166,846 | $9.7M |
| Stifel Financial Corp. | 0.01% | Add +14.9% | 166,624 | $9.7M |
| Marshall Wace, LLP | 0.01% | Add +33.4% | 165,603 | $9.6M |
| Natixis Advisors, LLC | 0.02% | Reduce -9.3% | 154,961 | $9.0M |
| US Bancorp \de | 0.01% | Add +0.6% | 146,911 | $8.5M |
| Long Focus Capital Management, LLC | 0.86% | Add +4.5% | 143,400 | $8.3M |
| Bank of Montreal | 0.00% | Add +16.3% | 136,535 | $8.2M |
| Groupama Asset Managment | 0.11% | Reduce -30.6% | 141,600 | $8.1M |
| Perpetual Ltd | 0.09% | Add +8.6% | 138,035 | $8.0M |
| Thompson Siegel & Walmsley LLC | 0.13% | Add +8.4% | 137,786 | $8.0M |
| Pathstone Holdings, LLC | 0.03% | Add +2.4% | 131,058 | $7.6M |
| Hillman Capital Management, Inc. | 2.69% | Reduce -8.8% | 131,051 | $7.6M |
| Two Sigma Advisers, LP | 0.02% | New | 123,302 | $7.2M |
| Savoir Faire Capital Management, L.P. | 2.77% | Add +78.6% | 122,579 | $7.1M |
| Ethic Inc. | 0.17% | Add +15.8% | 121,295 | $7.1M |
| LPL Financial LLC | 0.00% | Add +2.8% | 117,250 | $6.8M |
| Clearbridge Investments, LLC | 0.01% | Reduce -0.2% | 114,491 | $6.7M |
| Osaic Holdings, Inc. | 0.01% | Reduce -9.3% | 106,554 | $6.2M |
| Ally Financial Inc. | 0.76% | No change | 105,000 | $6.1M |
| Heron Bay Capital Management | 1.29% | Add +2.4% | 104,057 | $6.1M |
| Fayez Sarofim & Co | 0.02% | Add +689.8% | 99,155 | $5.8M |
| Dimensional Fund Advisors LP | 0.00% | Reduce -1.6% | 97,902 | $5.7M |
| Davidson Kempner Capital Management LP | 0.13% | Reduce -34.5% | 95,000 | $5.5M |
| Compass Wealth Management LLC | 1.35% | Reduce -1.9% | 94,039 | $5.5M |
| Sanctuary Advisors, LLC | 0.04% | — | 85,683 | $5.1M |
| Ironwood Investment Counsel, LLC | 0.91% | New | 87,202 | $5.1M |
| Cinctive Capital Management LP | 0.27% | Add +55.1% | 86,169 | $5.0M |
| Concentric Capital Strategies, LP | 0.31% | New | 85,701 | $5.0M |
| Capital Fund Management S.A. | 0.06% | Add +244.5% | 84,845 | $4.9M |
| QRG Capital Management, Inc. | 0.06% | Add +57.0% | 82,737 | $4.8M |
| JPMorgan Chase & Co. | 0.00% | Add +20.6% | 80,615 | $4.7M |
| Buttonwood Financial Advisors Inc. | 2.04% | Reduce -0.9% | 74,274 | $4.3M |
| MML Investors Services, LLC | 0.02% | Reduce -5.6% | 72,353 | $4.2M |
| Bank of New York Mellon Corp | 0.00% | Reduce -2.4% | 71,477 | $4.2M |
| ExodusPoint Capital Management, LP | 0.04% | Reduce -12.2% | 70,317 | $4.1M |
| Motley Fool Wealth Management, LLC | 0.20% | Reduce -4.3% | 68,001 | $4.0M |
| Trivium Point Advisory, LLC | 0.59% | Reduce -3.0% | 68,138 | $4.0M |
| Northwestern Mutual Wealth Management Co. | 0.00% | Reduce -25.8% | 67,890 | $3.9M |
| Ayrshire Capital Management LLC | 2.00% | Add +6.5% | 67,338 | $3.9M |
| Commonwealth Equity Services, LLC | 0.01% | Reduce -7.2% | 65,374 | $3.8M |
| Cetera Investment Advisers | 0.01% | Reduce -3.0% | 63,247 | $3.7M |
| Simplex Trading, LLC | 0.11% | Add +837.5% | 61,009 | $3.5M |
| Park Avenue Securities LLC | 0.04% | Reduce -3.0% | 60,554 | $3.5M |
| Trexquant Investment LP | 0.05% | Reduce -56.4% | 60,544 | $3.5M |
| Raymond James Financial Services Advisors, Inc. | 0.01% | Add +0.8% | 60,062 | $3.5M |
| Elgethun Capital Management | 0.87% | Add +4.7% | 59,579 | $3.5M |
| Schwerin Boyle Capital Management Inc. | 0.36% | No change | 59,340 | $3.5M |
| Walleye Trading LLC | 0.07% | Add +45.2% | 58,369 | $3.4M |
| Baird Financial Group, Inc. | 0.01% | Reduce -6.6% | 56,811 | $3.3M |
| Jane Street Group, LLC | 0.00% | Reduce -32.9% | 56,716 | $3.3M |
| Mercer Global Advisors Inc. | 0.01% | Add +90.2% | 56,198 | $3.3M |
| Wintrust Investments LLC | 0.26% | Reduce -2.0% | 55,675 | $3.2M |
| D.A. Davidson & Co. | 0.03% | Reduce -2.1% | 52,613 | $3.1M |
| Quantinno Capital Management LP | 0.05% | Reduce -10.1% | 52,119 | $3.0M |
| Creative Planning | 0.00% | Add +11.3% | 52,041 | $3.0M |
| Beacon Pointe Advisors, LLC | 0.03% | Reduce -2.8% | 50,448 | $2.9M |
| RBF Capital, LLC | 0.17% | No change | 50,000 | $2.9M |
| Oppenheimer Asset Management Inc. | 0.03% | Add +2.2% | 46,918 | $2.7M |
| Wolverine Trading, LLC | 0.04% | Add +135.3% | 44,958 | $2.6M |
| HighTower Advisors, LLC | 0.00% | Reduce -5.2% | 44,854 | $2.6M |
| Squarepoint Ops LLC | 0.01% | New | 44,509 | $2.6M |
| Ameriprise Financial Inc. | 0.00% | Reduce -5.2% | 44,291 | $2.6M |
| Mariner, LLC | 0.01% | Add +11.9% | 44,079 | $2.6M |
| Wealth Enhancement Advisory Services, LLC | 0.01% | Reduce -33.7% | 42,854 | $2.5M |
| National Bank of Canada | 0.00% | Reduce -3.3% | 42,064 | $2.5M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +17.8% | 42,033 | $2.4M |
| First Hawaiian Bank | 0.08% | Reduce -2.9% | 41,722 | $2.4M |
| D. E. Shaw & Co. | 0.00% | Reduce -56.9% | 40,612 | $2.4M |
| Balyasny Asset Management L.P. | 0.01% | New | 40,565 | $2.4M |
| O'shaughnessy Asset Management, LLC | 0.02% | Add +8.7% | 40,503 | $2.4M |
| Bayesian Capital Management, LP | 0.26% | New | 39,400 | $2.3M |
| Truist Financial Corp. | 0.00% | Reduce -4.9% | 38,968 | $2.3M |
| Assetmark, Inc. | 0.01% | Add +10.5% | 38,355 | $2.2M |
| Beach Investment Counsel Inc. | 0.27% | Reduce -38.3% | 37,960 | $2.2M |
| Avantax Advisory Services, Inc. | 0.02% | Add +388.8% | 37,810 | $2.2M |
| Atria Investments, Inc | 0.03% | Add +2.6% | 37,743 | $2.2M |
| Cerity Partners LLC | 0.01% | Reduce -43.4% | 37,713 | $2.2M |
| Koss-Olinger Consulting, LLC | 0.20% | Reduce -40.7% | 37,517 | $2.2M |
| Exencial Wealth Advisors, LLC | 0.08% | Reduce -1.9% | 36,606 | $2.1M |
| XTX Topco Ltd | 0.18% | New | 36,002 | $2.1M |
| Ascent Group, LLC | 0.16% | Reduce -7.7% | 34,730 | $2.0M |
| Vanguard Personalized Indexing Management, LLC | 0.04% | Add +16.8% | 33,806 | $2.0M |
| Hudson Bay Capital Management LP | 0.02% | New | 33,391 | $1.9M |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -8.8% | 32,920 | $1.9M |
| GTS Securities LLC | 0.04% | Reduce -29.4% | 32,270 | $1.9M |
| Carrera Capital Advisors | 0.58% | — | 30,471 | $1.8M |
| Integrated Investment Consultants, LLC | 0.48% | No change | 28,901 | $1.8M |
| Janney Montgomery Scott LLC | 0.01% | Reduce -4.0% | 30,122 | $1.8M |
| Yousif Capital Management, LLC | 0.02% | Reduce -4.6% | 28,755 | $1.7M |
| Citigroup Inc. | 0.00% | Reduce -96.6% | 28,485 | $1.7M |
| Huber Capital Management LLC | 0.37% | Reduce -19.1% | 27,900 | $1.6M |
| Cresset Asset Management, LLC | 0.01% | Add +12.1% | 27,828 | $1.6M |
| Altman Advisors, Inc. | 0.90% | Add +0.5% | 27,319 | $1.6M |
| Round Hill Asset Management | 1.00% | Reduce -2.7% | 27,064 | $1.6M |
| Cambridge Investment Research Advisors, Inc. | 0.01% | Reduce -22.7% | 26,967 | $1.6M |
| Bleakley Financial Group, LLC | 0.04% | Add +0.1% | 26,396 | $1.5M |
| Simplicity Wealth,LLC | 0.03% | Reduce -0.2% | 26,331 | $1.5M |
| Highland Capital Management, LLC | 0.09% | Reduce -5.7% | 25,317 | $1.5M |
| Fox Run Management, L.L.C. | 0.27% | New | 24,910 | $1.4M |
| Choreo, LLC | 0.02% | New | 24,689 | $1.4M |
| Naviter Wealth, LLC | 0.21% | Add +9.9% | 24,466 | $1.4M |
| Foresight Global Investors, Inc. | 0.65% | No change | 23,319 | $1.4M |
| Citadel Investment Advisory, Inc. | 0.77% | Reduce -1.8% | 23,154 | $1.3M |
| Soditic Asset Management LLP | 1.54% | No change | 22,802 | $1.3M |
| Concourse Financial Group Securities, Inc. | 0.08% | Reduce -0.2% | 22,332 | $1.3M |
| Two Sigma Securities, LLC | 0.06% | New | 22,281 | $1.3M |
| SeaBridge Investment Advisors LLC | 0.32% | New | 20,977 | $1.2M |
| Independent Financial Group, LLC | 0.05% | Add +81.0% | 20,556 | $1.2M |
| Kestra Advisory Services, LLC | 0.01% | Reduce -0.2% | 20,527 | $1.2M |
| Outfitters Financial LLC | 0.99% | Add +2.4% | 20,470 | $1.2M |
| Advisory Services Network, LLC | 0.02% | Add +1.0% | 20,405 | $1.2M |
| Brown Brothers Harriman & Co. | 0.01% | Add +269.7% | 20,261 | $1.2M |
| Y-Intercept (Hong Kong) Ltd | 0.06% | New | 20,168 | $1.2M |
| Headlands Technologies LLC | 0.12% | New | 20,165 | $1.2M |
| Level Four Advisory Services, LLC | 0.05% | Add +46.9% | 20,092 | $1.2M |
| Jacobs & Co. | 0.12% | Reduce -56.9% | 20,083 | $1.2M |
| Berkshire Asset Management LLC | 0.06% | No change | 20,000 | $1.2M |
| SageView Advisory Group, LLC | 0.07% | Reduce -7.9% | 19,951 | $1.2M |
| Focus Partners Wealth | 0.00% | Reduce -0.2% | 19,797 | $1.2M |
| Merit Financial Group, LLC | 0.03% | Reduce -6.7% | 19,726 | $1.1M |
| Pittenger & Anderson Inc. | 0.05% | Reduce -17.0% | 19,475 | $1.1M |
| McIntyre Freedman & Flynn Investment Advisers Inc. | 0.81% | No change | 19,325 | $1.1M |
| DekaBank Deutsche Girozentrale | 0.00% | New | 18,587 | $1.1M |
| Premier Path Wealth Partners, LLC | 0.18% | Add +5.5% | 18,351 | $1.1M |
| Tidal Investments LLC | 0.01% | Add +15.1% | 17,802 | $1.0M |
| Ellevest, Inc. | 0.06% | Add +0.7% | 17,645 | $1.0M |
| Rhumbline Advisers | 0.00% | Add +5.7% | 17,632 | $1.0M |
| Franklin Resources Inc. | 0.00% | Reduce -19.2% | 17,535 | $1.0M |
| Stableford Capital II LLC | 0.40% | Add +2.1% | 16,413 | $1.0M |
| Guggenheim Capital LLC | 0.01% | Reduce -3.6% | 17,389 | $1.0M |
| My Legacy Advisors, LLC | 0.32% | Reduce -1.0% | 17,244 | $1.0M |
| Vise Technologies, Inc. | 0.18% | Add +23.0% | 17,163 | $998K |
| &partners | 0.04% | Add +18.2% | 16,983 | $988K |
| Rockefeller Capital Management L.P. | 0.00% | Add +1.6% | 15,940 | $928K |
| Founders Financial Securities LLC | 0.09% | Reduce -0.8% | 15,894 | $924K |
| Cullen/Frost Bankers, Inc. | 0.01% | No change | 15,518 | $902K |
| Crossmark Global Holdings, Inc. | 0.02% | Reduce -2.2% | 15,385 | $894K |
| Caprock Group, LLC | 0.04% | Add +8.7% | 15,131 | $880K |
| Envestnet Portfolio Solutions, Inc. | 0.00% | Add +5.1% | 14,262 | $829K |
| Signaturefd, LLC | 0.02% | Add +8.5% | 13,916 | $809K |
| Brandes Investment Partners, LP | 0.01% | Reduce -95.1% | 13,466 | $795K |
| Schechter Investment Advisors, LLC | 0.06% | Reduce -35.4% | 13,574 | $789K |
| Laird Norton Wetherby Wealth Management, LLC | 0.04% | Add +1.2% | 13,444 | $782K |
| Orion Porfolio Solutions, LLC | 0.01% | Add +35.7% | 13,297 | $773K |
| Orion Portfolio Solutions, LLC | 0.01% | Add +35.7% | 13,297 | $773K |
| Pacer Advisors, Inc. | 0.00% | Reduce -19.5% | 13,112 | $762K |
| Continuum Advisory, LLC | 0.11% | Reduce -6.1% | 13,003 | $756K |
| Ritholtz Wealth Management | 0.02% | Reduce -0.5% | 12,984 | $755K |
| First Trust Direct Indexing L.P. | 0.05% | Add +5.0% | 12,898 | $750K |
| Prospera Financial Services Inc | 0.02% | Add +1.6% | 12,778 | $743K |
| Csenge Advisory Group | 0.04% | Reduce -6.5% | 12,474 | $725K |
| Captrust Financial Advisors | 0.00% | Add +5.3% | 12,293 | $715K |
| Quantbot Technologies LP | 0.03% | Add +156.2% | 12,125 | $705K |
| NewEdge Wealth, LLC | 0.02% | Add +6.1% | 11,970 | $696K |
| Vestmark Advisory Solutions, Inc. | 0.03% | Add +8.8% | 11,880 | $691K |
| Jones Financial Companies LLLP | 0.00% | Add +230.3% | 11,876 | $691K |
| Kestra Private Wealth Services, LLC | 0.01% | Reduce -0.8% | 11,795 | $686K |
| TD Waterhouse Canada Inc. | 0.01% | Reduce -4.0% | 11,510 | $672K |
| Prudential Financial Inc. | 0.00% | Add +5.1% | 11,305 | $657K |
| Quadrant Capital Group LLC | 0.05% | Add +13.1% | 11,300 | $657K |
| Annis Gardner Whiting Capital Advisors, LLC | 0.19% | Reduce -1.4% | 11,284 | $656K |
| Peapack Gladstone Financial Corp. | 0.01% | Reduce -13.2% | 11,226 | $653K |
| TBH Global Asset Management, LLC | 0.14% | Reduce -12.0% | 11,062 | $643K |
| Private Advisor Group, LLC | 0.00% | Add +3.5% | 11,011 | $640K |
| Markel Group | 0.01% | No change | 11,000 | $640K |
| TriaGen Wealth Management LLC | 0.24% | No change | 10,900 | $634K |
| Profund Advisors LLC | 0.02% | Add +3.0% | 10,892 | $633K |
| Compound Planning, Inc. | 0.05% | Add +42.5% | 10,705 | $622K |
| Oppenheimer & Co. Inc. | 0.01% | Reduce -15.8% | 10,555 | $614K |
| Central Pacific Bank - Trust Division | 0.08% | No change | 10,400 | $605K |
| Richardson Financial Services Inc. | 0.43% | Reduce -3.3% | 10,361 | $602K |
| Solitude Financial Services | 0.28% | Add +4.4% | 10,250 | $596K |
| Chevy Chase Trust Holdings, LLC | 0.00% | Reduce -0.1% | 10,204 | $593K |
| Lake Street Advisors Group, LLC | 0.03% | Reduce -2.0% | 10,067 | $585K |
| Ruffer LLP | 0.03% | Reduce -41.2% | 10,000 | $582K |
| CHICAGO TRUST Co NA | 0.12% | Reduce -6.0% | 9,948 | $578K |
| B. Riley Wealth Advisors, Inc. | 0.01% | Add +6.6% | 9,765 | $568K |
| GeoWealth Management, LLC | 0.02% | Add +12.5% | 9,750 | $567K |
| Corient Private Wealth LP | 0.00% | Add +10.9% | 9,749 | $567K |
| MAI Capital Management | 0.01% | Reduce -1.0% | 9,665 | $562K |
| Virtu Financial LLC | 0.04% | Reduce -46.3% | 9,589 | $558K |
| Alerus Financial NA | 0.04% | No change | 9,574 | $557K |
| Walleye Capital LLC | 0.01% | Add +136.3% | 9,550 | $555K |
| Prossimo Advisors, LLC | 0.50% | Add +1.3% | 9,502 | $553K |
| United Capital Financial Advisors, LLC | 0.00% | Add +2.1% | 9,505 | $553K |
| GC Wealth Management RIA, LLC | 0.11% | Add +10.2% | 9,441 | $549K |
| Venturi Wealth Management, LLC | 0.03% | Add +2.6% | 9,430 | $548K |
| Pettee Investors, Inc. | 0.26% | Add +20.9% | 9,161 | $533K |
| Pinion Investment Advisors, LLC | 0.26% | Reduce -0.3% | 9,096 | $529K |
| Glenview Trust Co | 0.01% | Reduce -20.1% | 8,816 | $513K |
| Callan Capital, LLC | 0.04% | Add +24.9% | 8,793 | $511K |
| Cable Hill Partners, LLC | 0.06% | New | 8,716 | $507K |
| Pinnacle Wealth Planning Services, Inc. | 0.07% | Reduce -0.6% | 8,417 | $489K |
| Aaron Wealth Advisors LLC | 0.07% | Add +12.4% | 8,347 | $485K |
| Poehling Capital Management, INC. | 0.13% | Reduce -10.2% | 8,243 | $479K |
| Balanced Rock Investment Advisors LLC | 0.40% | Add +0.5% | 8,229 | $479K |
| Sequoia Financial Advisors, LLC | 0.01% | Add +5.8% | 8,175 | $475K |
| Global Retirement Partners, LLC | 0.01% | Add +3.3% | 8,152 | $474K |
| LMR Partners LLP | 0.01% | Add +50.8% | 7,964 | $463K |
| Cordatus Wealth Management LLC | 0.17% | Reduce -0.1% | 7,897 | $459K |
| Tower Research Capital LLC (TRC) | 0.01% | Reduce -50.0% | 7,791 | $453K |
| Centiva Capital, LP | 0.02% | New | 7,786 | $453K |
| Aigen Investment Management, LP | 0.09% | New | 7,588 | $441K |
| NorthCoast Asset Management LLC | 0.00% | Add +1.6% | 7,435 | $432K |
| Covenant Partners, LLC | 0.13% | No change | 7,406 | $431K |
| Integrated Advisors Network LLC | 0.02% | Add +3.6% | 7,278 | $423K |
| Freestone Capital Holdings, LLC | 0.01% | Add +4.1% | 7,196 | $418K |
| Keystone Financial Group | 0.15% | Reduce -3.6% | 7,186 | $418K |
| Syon Capital LLC | 0.04% | Add +0.1% | 7,115 | $414K |
| Ballentine Partners, LLC | 0.01% | Add +16.3% | 6,981 | $406K |
| Neuberger Berman Group LLC | 0.00% | Add +15.3% | 6,922 | $403K |
| 626 Financial, LLC | 0.23% | Add +2.9% | 6,906 | $402K |
| 1832 Asset Management L.P. | 0.00% | Add +0.5% | 6,903 | $401K |
| Moneta Group Investment Advisors LLC | 0.01% | Add +2.9% | 6,834 | $397K |
| Nomura Holdings Inc. | 0.00% | New | 6,678 | $388K |
| Integrated Wealth Concepts LLC | 0.01% | Add +14.3% | 6,672 | $388K |
| Mutual Advisors, LLC | 0.01% | Reduce -9.8% | 6,336 | $380K |
| Evergreen Capital Management LLC | 0.01% | Add +34.1% | 6,522 | $379K |
| Capital International Sarl | 0.01% | Reduce -27.0% | 6,459 | $376K |
| Kornitzer Capital Management Inc. | 0.01% | Add +69.1% | 6,290 | $366K |
| Avidian Wealth Enterprises, LLC | 0.02% | Reduce -1.8% | 6,284 | $365K |
| Excalibur Management Corp. | 0.15% | Add +1.7% | 6,173 | $359K |
| Cornell Pochily Investment Advisors, Inc. | 0.14% | Reduce -12.9% | 6,139 | $357K |
| Signature Estate & Investment Advisors LLC | 0.01% | New | 6,083 | $354K |
| Sage Mountain Advisors LLC | 0.03% | Add +3.6% | 6,035 | $351K |
| Commerce Bank | 0.00% | Reduce -8.9% | 5,987 | $348K |
| HUB Investment Partners, LLC | 0.02% | Add +1.8% | 5,915 | $344K |
| NewEdge Advisors, LLC | 0.00% | Reduce -4.0% | 5,827 | $339K |
| Personal Cfo Solutions, LLC | 0.05% | Add +3.1% | 5,792 | $337K |
| HighPoint Advisor Group LLC | 0.02% | Add +26.0% | 5,628 | $335K |
| Investors Research Corp | 0.08% | No change | 5,749 | $334K |
| Pettyjohn, Wood & White, Inc. | 0.06% | Reduce -25.7% | 5,715 | $332K |
| Lighthouse Investment Partners, LLC | 0.02% | New | 5,645 | $328K |
| M&T Bank Corp | 0.00% | Add +18.6% | 5,584 | $325K |
| LVW Advisors, LLC | 0.05% | Add +1.0% | 5,532 | $322K |
| Gallacher Capital Management LLC | 0.17% | Add +7.0% | 5,507 | $320K |
| Eldridge Investment Advisors, Inc. | 0.08% | No change | 5,500 | $320K |
| Moors & Cabot, Inc. | 0.02% | Add +8.8% | 5,450 | $317K |
| Aveo Capital Partners, LLC | 0.04% | Reduce -6.2% | 5,447 | $317K |
| Allspring Global Investments Holdings, LLC | 0.00% | Add +210.3% | 5,396 | $314K |
| Narwhal Capital Management | 0.03% | Reduce -27.1% | 5,375 | $313K |
| London Co. of Virginia | 0.00% | No change | 5,300 | $308K |
| Raymond James Trust N.A. | 0.01% | New | 5,274 | $307K |
| Sweet Financial Partners, LLC | 0.07% | Add +0.8% | 5,263 | $306K |
| Cwm, LLC | 0.00% | Add +2.5% | 5,192 | $302K |
| Benjamin F. Edwards & Company, Inc. | 0.01% | Add +22.5% | 5,165 | $300K |
| Apollon Wealth Management, LLC | 0.01% | Add +1.5% | 5,139 | $299K |
| Greenleaf Trust | 0.00% | Add +44.0% | 5,111 | $297K |
| V-Square Quantitative Management LLC | 0.05% | Add +6.1% | 5,004 | $292K |
| American Assets Inc. | 0.11% | No change | 5,000 | $291K |
| Engineers Gate Manager LP | 0.01% | Reduce -91.1% | 4,974 | $289K |
| Pitcairn Co. | 0.02% | Add +18.6% | 4,938 | $287K |
| PDS Planning, Inc | 0.03% | Add +23.1% | 4,902 | $285K |
| HB Wealth Management, LLC | 0.00% | Add +33.4% | 4,843 | $282K |
| Equitable Holdings, Inc. | 0.00% | New | 4,707 | $274K |
| Rehmann Capital Advisory Group | 0.02% | Reduce -21.6% | 4,651 | $270K |
| BNP Paribas Financial Markets | 0.00% | Reduce -37.2% | 4,640 | $270K |
| Dorsey & Whitney Trust CO LLC | 0.02% | Add +1.4% | 4,633 | $269K |
| OneDigital Investment Advisors LLC | 0.00% | Add +2.8% | 4,612 | $268K |
| AE Wealth Management LLC | 0.00% | Add +6.5% | 4,540 | $264K |
| Ieq Capital, LLC | 0.00% | Add +26.0% | 4,533 | $264K |
| Blair William & Co. | 0.00% | Reduce -23.3% | 4,529 | $263K |
| Roman Butler Fullerton & Co. | 0.08% | Reduce -6.6% | 4,204 | $253K |
| Blueprint Investment Partners LLC | 0.05% | Reduce -15.8% | 4,278 | $249K |
| Marex Group Ltd | 0.01% | Reduce -21.6% | 4,250 | $247K |
| Harbour Investments, Inc. | 0.01% | Add +5.7% | 4,215 | $245K |
| Snowden Capital Advisors LLC | 0.01% | Reduce -3.8% | 4,086 | $238K |
| Stephens Inc. | 0.00% | Reduce -3.2% | 4,086 | $238K |
| Prime Capital Investment Advisors, LLC | 0.00% | Reduce -38.3% | 4,035 | $235K |
| Scotia Capital Inc. | 0.00% | Reduce -20.7% | 3,998 | $232K |
| West Bancorporation Inc. | 0.16% | No change | 3,780 | $220K |
| Brookstone Capital Management | 0.00% | Add +3.1% | 3,488 | $215K |
| PFG Investments, LLC | 0.02% | Add +3.8% | 3,693 | $215K |
| Thomasville National Bank | 0.02% | Reduce -9.6% | 3,668 | $213K |
| DGS Capital Management, LLC | 0.06% | Reduce -24.2% | 3,657 | $213K |
| Old National Bancorp | 0.01% | New | 3,620 | $211K |
| Mitchell McLeod Pugh & Williams Inc. | 0.05% | No change | 3,615 | $210K |
| Checchi Capital Advisers, LLC | 0.02% | Add +3.1% | 3,613 | $210K |
| Cornerstone Wealth Management, LLC | 0.02% | Add +2.9% | 3,578 | $208K |
| Leonteq Securities AG | 0.03% | Add +761.3% | 3,514 | $204K |
| Buckingham Strategic Wealth, LLC | 0.00% | Reduce -2.2% | 3,510 | $204K |
| DORCHESTER WEALTH MANAGEMENT Co | 0.04% | No change | 3,500 | $204K |
| Ascentis Independent Advisors | 0.04% | — | 3,495 | $203K |
| Principal Securities, Inc. | 0.01% | Reduce -8.8% | 3,471 | $202K |
| MJP Associates Inc. | 0.04% | Reduce -1.3% | 3,455 | $201K |
| Perigon Wealth Management, LLC | 0.01% | New | 3,440 | $200K |
| Allworth Financial LP | 0.00% | Reduce -5.7% | 3,281 | $198K |
| Hazlett, Burt & Watson, Inc. | 0.10% | Reduce -4.2% | 3,375 | $197K |
| Steward Partners Investment Advisory, LLC | 0.00% | Add +29.3% | 3,387 | $197K |
| Quintet Private Bank (Europe) S.A. | 0.01% | Add +1.1% | 2,851 | $192K |
| CIBC Private Wealth Group LLC | 0.00% | Reduce -21.5% | 3,145 | $187K |
| Penserra Capital Management LLC | 0.00% | Add +127.1% | 3,082 | $179K |
| WR Wealth Planners, LLC | 0.05% | Add +13.5% | 2,958 | $172K |
| Parallel Advisors, LLC | 0.00% | Reduce -15.9% | 2,743 | $159K |
| CENTRAL TRUST Co | 0.00% | Reduce -14.1% | 2,631 | $153K |
| Avior Wealth Management, LLC | 0.01% | Reduce -25.7% | 2,516 | $146K |
| Laurel Wealth Advisors LLC | 0.03% | Add +18.1% | 2,493 | $145K |
| Unique Wealth Strategies, LLC | 0.07% | New | 2,349 | $143K |
| EverSource Wealth Advisors, LLC | 0.01% | Add +28.2% | 2,239 | $133K |
| Lindbrook Capital, LLC | 0.01% | Add +2.0% | 2,208 | $128K |
| Brown, Lisle/Cummings, Inc. | 0.04% | Reduce -23.0% | 2,178 | $127K |
| IFP Advisors, Inc | 0.01% | Reduce -16.1% | 2,147 | $125K |
| Federation des caisses Desjardins du Quebec | 0.00% | Reduce -46.3% | 2,143 | $125K |
| Tyler-Stone Wealth Management | 0.05% | No change | 2,100 | $122K |
| Russell Investments Group, Ltd. | 0.00% | Add +108.3% | 2,091 | $122K |
| Rothschild Investment LLC | 0.01% | Add +12.5% | 2,046 | $119K |
| SYSTM Wealth Solutions LLC | 0.03% | Reduce -33.1% | 2,019 | $117K |
| Hexagon Capital Partners LLC | 0.02% | Add +7.0% | 1,973 | $115K |
| Cromwell Holdings LLC | 0.07% | — | 1,872 | $109K |
| CKW Financial Group | 0.01% | No change | 1,850 | $108K |
| Armstrong Advisory Group, Inc. | 0.01% | Add +2.1% | 1,728 | $100K |
| JNBA Financial Advisors | 0.01% | No change | 1,700 | $99K |
| ORG Partners LLC | 0.01% | No change | 1,655 | $97K |
| Colonial Trust Advisors | 0.01% | No change | 1,650 | $96K |
| Rosenberg Matthew Hamilton | 0.02% | Add +7.7% | 1,401 | $82K |
| Westside Investment Management, Inc. | 0.02% | Add +15.1% | 1,381 | $80K |
| Toronto Dominion Bank | 0.00% | Reduce -48.4% | 1,350 | $79K |
| Main Street Group, LTD | 0.04% | Reduce -36.4% | 1,326 | $77K |
| Whittier Trust Co. of Nevada Inc. | 0.00% | Add +12.6% | 1,297 | $75K |
| Pinnacle Bancorp, Inc. | 0.02% | Reduce -7.1% | 1,250 | $73K |
| Clearstead Advisors, LLC | 0.00% | Add +154.6% | 1,194 | $69K |
| GAMMA Investing LLC | 0.01% | Add +20.6% | 1,151 | $67K |
| Goodman Advisory Group, LLC | 0.02% | Reduce -98.7% | 1,127 | $66K |
| TCTC Holdings, LLC | 0.00% | No change | 1,123 | $65K |
| Huntington National Bank | 0.00% | Add +0.7% | 1,119 | $65K |
| Janiczek Wealth Management, LLC | 0.01% | Add +7.4% | 1,073 | $62K |
| Farther Finance Advisors, LLC | 0.00% | Add +185.2% | 1,041 | $61K |
| Private Trust Co. NA | 0.01% | Add +0.3% | 1,037 | $60K |
| Grove Bank & Trust | 0.01% | No change | 1,000 | $58K |
| Bessemer Group Inc. | 0.00% | No change | 800 | $47K |
| UMB Bank, n.a. | 0.00% | Reduce -16.1% | 768 | $45K |
| Valley Wealth Managers, Inc. | 0.00% | New | 655 | $38K |
| Hilltop National Bank | 0.01% | Add +4.6% | 634 | $37K |
| Spire Wealth Management | 0.00% | Add +9.1% | 625 | $36K |
| Hantz Financial Services, Inc. | 0.00% | Reduce -97.0% | 609 | $35K |
| Delta Asset Management LLC | 0.00% | No change | 600 | $35K |
| CoreCap Advisors, LLC | 0.00% | Reduce -5.4% | 594 | $35K |
| Addison Advisors LLC | 0.01% | Add +39.7% | 591 | $34K |
| Blue Trust, Inc. | 0.00% | Add +225.0% | 546 | $33K |
| Larson Financial Group LLC | 0.00% | Reduce -20.5% | 561 | $33K |
| New England Capital Financial Advisors LLC | 0.02% | Add +0.4% | 557 | $32K |
| GPS Wealth Strategies Group, LLC | 0.00% | Add +50.7% | 550 | $32K |
| GoalVest Advisory LLC | 0.01% | No change | 500 | $29K |
| Lanark Financial, Inc. | 0.00% | Reduce -85.2% | 508 | $29K |
| JFS Wealth Advisors, LLC | 0.00% | Reduce -6.7% | 445 | $26K |
| Geneos Wealth Management Inc. | 0.00% | No change | 429 | $25K |
| SOA Wealth Advisors, LLC. | 0.00% | No change | 406 | $24K |
| Prestige Wealth Management Group LLC | 0.01% | No change | 402 | $23K |
| Ransom Advisory, Ltd | 0.01% | No change | 400 | $23K |
| Independence Bank of Kentucky | 0.01% | No change | 400 | $23K |
| First Personal Financial Services | 0.01% | No change | 400 | $23K |
| Logan Capital Management Inc. | 0.00% | No change | 400 | $23K |
| Frazier Financial Advisors, LLC | 0.02% | Add +14.4% | 382 | $22K |
| Edmond DE Rothschild Holding S.A. | 0.00% | No change | 370 | $22K |
| Anchor Investment Management, LLC | 0.00% | Reduce -21.4% | 350 | $20K |
| Mather Group, Llc. | 0.00% | Add +7.9% | 327 | $20K |
| Smartleaf Asset Management LLC | 0.00% | Add +946.9% | 335 | $20K |
| EnRich Financial Partners LLC | 0.01% | No change | 311 | $18K |
| Atlas Capital Advisors Inc. | 0.00% | No change | 309 | $18K |
| Caitlin John, LLC | 0.01% | No change | 305 | $18K |
| CarsonAllaria Wealth Management, Ltd. | 0.01% | No change | 303 | $18K |
| Archer Investment Corp | 0.01% | Add +20.6% | 298 | $17K |
| Abound Wealth Management | 0.01% | Reduce -8.9% | 295 | $17K |
| Summit Securities Group LLC | 0.01% | Reduce -71.5% | 3,631 | $17K |
| RFP Financial Group LLC | 0.01% | Add +114.7% | 277 | $16K |
| Kelly Financial Services LLC | 0.01% | Add +22.3% | 274 | $16K |
| AdvisorNet Financial, Inc | 0.00% | Reduce -53.6% | 269 | $16K |
| BNP Paribas | 0.00% | No change | 265 | $15K |
| Wiser Advisor Group LLC | 0.02% | Add +0.4% | 265 | $15K |
| SRH Advisors, LLC | 0.01% | No change | 259 | $15K |
| Capital Advisors, Ltd. LLC | 0.00% | No change | 236 | $14K |
| HHM Wealth Advisors, LLC | 0.00% | Reduce -42.6% | 230 | $13K |
| Costello Asset Management, INC | 0.01% | No change | 225 | $13K |
| Tortoise Investment Management, LLC | 0.00% | No change | 225 | $13K |
| Householder Group Estate & Retirement Specialist, LLC | 0.00% | Add +0.9% | 235 | $13K |
| Bokf, NA | 0.00% | Add +17.7% | 219 | $13K |
| Zions Bancorporation, N.A. | 0.00% | Reduce -16.5% | 203 | $12K |
| Redwood Wealth Management Group, LLC | 0.01% | New | 200 | $12K |
| Kelly Lawrence W & Associates Inc. | 0.00% | No change | 200 | $12K |
| Asset Dedication, LLC | 0.00% | New | 200 | $12K |
| WealthCollab, LLC | 0.01% | No change | 197 | $11K |
| FinTrust Capital Advisors, LLC | 0.00% | Add +71.8% | 189 | $11K |
| Rogco, LP | 0.00% | No change | 175 | $10K |
| Parkside Financial Bank & Trust | 0.00% | No change | 173 | $10K |
| Fifth Third Bancorp | 0.00% | Add +24.3% | 169 | $10K |
| Opal Wealth Advisors, LLC | 0.00% | New | 164 | $10K |
| POM Investment Strategies, LLC | 0.01% | New | 161 | $9K |
| Cape Investment Advisory, Inc. | 0.00% | No change | 158 | $9K |
| Macquarie Group Ltd. | 0.00% | Add +38.5% | 133 | $8K |
| Citizens National Bank Trust Department | 0.00% | No change | 125 | $7K |
| GW&K Investment Management, LLC | 0.00% | No change | 114 | $7K |
| Strategic Investment Solutions, Inc. | 0.00% | — | 100 | $6K |
| Sunbelt Securities, Inc. | 0.00% | Reduce -82.9% | 103 | $6K |
| Hobbs Group Advisors, LLC | 0.00% | — | 102 | $6K |
| Wolff Wiese Magana LLC | 0.00% | No change | 100 | $6K |
| Burkett Financial Services, LLC | 0.00% | No change | 100 | $6K |
| Carolina Wealth Advisors, LLC | 0.00% | No change | 100 | $6K |
| Sittner & Nelson, LLC | 0.00% | New | 100 | $6K |
| Ancora Advisors LLC | 0.00% | No change | 100 | $6K |
| Baillie Gifford & Co. | 0.00% | No change | 99 | $6K |
| Beacon Capital Management, LLC | 0.00% | No change | 97 | $6K |
| Coppell Advisory Solutions LLC | 0.00% | — | 97 | $6K |
| American Capital Advisory, LLC | 0.00% | No change | 82 | $5K |
| Avion Wealth | 0.00% | No change | 100 | $5K |
| Farmers & Merchants Investments Inc. | 0.00% | No change | 85 | $5K |
| ICA Group Wealth Management, LLC | 0.00% | Reduce -90.9% | 80 | $5K |
| Great Lakes Retirement, Inc. | 0.00% | New | 67 | $4K |
| Redmont Wealth Advisors LLC | 0.01% | No change | 64 | $4K |
| Bell Investment Advisors, Inc | 0.00% | Reduce -25.6% | 64 | $4K |
| Salomon & Ludwin, LLC | 0.00% | Reduce -93.8% | 62 | $4K |
| IFS Advisors, LLC | 0.00% | No change | 61 | $4K |
| Fortitude Family Office, LLC | 0.00% | No change | 58 | $3K |
| Carolinas Wealth Consulting LLC | 0.00% | Reduce -4.9% | 58 | $3K |
| Sandy Spring Bank | 0.00% | Reduce -73.2% | 55 | $3K |
| Front Row Advisors LLC | 0.00% | Reduce -3.5% | 55 | $3K |
| Ashton Thomas Private Wealth, LLC | 0.00% | New | 53 | $3K |
| TD Private Client Wealth LLC | 0.00% | Add +103.8% | 53 | $3K |
| Winch Advisory Services, LLC | 0.00% | No change | 52 | $3K |
| TD Capital Management LLC | 0.00% | No change | 50 | $3K |
| North Star Investment Management Corp. | 0.00% | No change | 50 | $3K |
| ESL Trust Services, LLC | 0.00% | New | 49 | $3K |
| Laffer Tengler Investments, Inc. | 0.00% | No change | 48 | $3K |
| Salem Investment Counselors Inc. | 0.00% | Reduce -70.9% | 41 | $2K |
| Criterion Capital Advisors, LLC | 0.00% | No change | 40 | $2K |
| Lynx Investment Advisory | 0.00% | — | 39 | $2K |
| WASHINGTON TRUST Co | 0.00% | No change | 35 | $2K |
| PrairieView Partners, LLC | 0.00% | No change | 35 | $2K |
| Center for Financial Planning, Inc. | 0.00% | No change | 34 | $2K |
| Balefire, LLC | 0.00% | Reduce -39.3% | 34 | $2K |
| Cornerstone Planning Group LLC | 0.00% | Add +3000.0% | 31 | $2K |
| Key Financial Inc | 0.00% | No change | 32 | $2K |
| Highline Wealth Partners LLC | 0.00% | New | 30 | $2K |
| Versant Capital Management, Inc | 0.00% | No change | 29 | $2K |
| Abich Financial Wealth Management LLC | 0.00% | No change | 25 | $1K |
| St. Johns Investment Management Company, LLC | 0.00% | No change | 25 | $1K |
| City State Bank | 0.00% | Reduce -50.0% | 25 | $1K |
| Institutional & Family Asset Management, LLC | 0.00% | Reduce -47.9% | 25 | $1K |
| Rakuten Securities, Inc. | 0.00% | Add +4.5% | 23 | $1K |
| CBIZ Investment Advisory Services, LLC | 0.00% | No change | 20 | $1K |
| Kayne Anderson Rudnick Investment Management LLC | 0.00% | Reduce -18.2% | 18 | $1K |
| Transamerica Financial Advisors, LLC | 0.00% | No change | 1 | $1K |
| Capital Analysts, LLC | 0.00% | No change | 12 | $1K |
| Mendota Financial Group, LLC | 0.00% | New | 16 | $931 |
| Arax Advisory Partners | 0.00% | New | 16 | $931 |
| Creekmur Asset Management LLC | 0.00% | Reduce -55.6% | 16 | $930 |
| 1620 Investment Advisors, Inc. | 0.00% | New | 15 | $872 |
| Sound Income Strategies, LLC | 0.00% | No change | 14 | $828 |
| Iron Horse Wealth Management, LLC | 0.00% | No change | 12 | $698 |
| Raffa Wealth Management, LLC | 0.00% | No change | 12 | $698 |
| ClariVest Asset Management LLC | 0.00% | Reduce -23.1% | 10 | $591 |
| Johnson Financial Group, Inc. | 0.00% | New | 10 | $582 |
| Princeton Global Asset Management LLC | 0.00% | No change | 7 | $407 |
| Riggs Asset Managment Co. Inc. | 0.00% | No change | 6 | $349 |
| CVA Family Office, LLC | 0.00% | No change | 6 | $349 |
| Pension & Wealth Management Advisors, Inc. | 0.00% | No change | 5 | $293 |
| Pineridge Advisors LLC | 0.00% | No change | 5 | $291 |
| Activest Wealth Management | 0.00% | No change | 4 | $233 |
| Pacific Capital Wealth Advisors, Inc. | 0.00% | No change | 2 | $116 |
| Coston, McIsaac & Partners | 0.00% | No change | 11 | $0 |
"% of holder's portfolio" is BUD's weight in each manager's 13F, not the share of Anheuser-Busch Inbev-SPN ADR the manager owns.