Anheuser-Busch Inbev-SPN ADRBUD
13F holders, Q2 2025 (June 30)At the end of Q2 2025, 514 institutions reported holding Anheuser-Busch Inbev-SPN ADR (BUD) in their 13F filings, up 18 from Q1 2025. 75 opened new positions and 56 sold out. The largest holders were Dodge & Cox ($2.6B), Fisher Asset Management ($732.8M) and FMR LLC ($478.0M). 11 famous investors held it, including Ken Fisher (0.3% of Fisher Asset Management's portfolio), Bill Gates / Michael Larson (0.2% of Gates Foundation Trust's portfolio) and Jim Simons / Peter Brown (0.1% of Renaissance Technologies'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 2025 → Q2 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 75 | $138.9M |
| Exits | 56 | $93.8M |
All 13F filers, Q1 2025 → Q2 2025: 12,795,054 shares bought and 15,825,340 shares sold, net −3,030,286 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 514 holders
| Dodge & Cox | 1.49% | Reduce -6.4% | 38,477,542 | $2.6B |
| Fisher Asset Management | 0.29% | Add +4.5% | 10,663,933 | $732.8M |
| FMR LLC | 0.03% | Add +348.6% | 6,955,781 | $478.0M |
| Manufacturers Life Insurance Company, The | 0.43% | Reduce -4.5% | 6,901,509 | $474.3M |
| Bank of America Corp. | 0.02% | Add +23.7% | 3,344,451 | $229.8M |
| Morgan Stanley | 0.01% | Reduce -6.3% | 2,665,110 | $183.1M |
| DAVENPORT & Co LLC | 0.81% | Reduce -0.8% | 2,145,235 | $147.3M |
| Goldman Sachs Group Inc. | 0.02% | Add +54.3% | 2,034,125 | $139.8M |
| Royal Bank of Canada | 0.03% | Reduce -48.6% | 2,032,032 | $139.6M |
| Gates Foundation Trust | 0.24% | No change | 1,703,000 | $117.0M |
| Capital International Investors | 0.02% | Reduce -32.3% | 1,596,917 | $109.4M |
| Hotchkis & Wiley Capital Management LLC | 0.27% | Reduce -55.9% | 1,230,440 | $84.6M |
| Renaissance Technologies | 0.11% | Add +30.3% | 1,201,200 | $82.5M |
| Clarkston Capital Partners, LLC | 1.51% | Reduce -30.9% | 1,034,827 | $71.1M |
| Seafarer Capital Partners, LLC | 19.12% | No change | 1,019,000 | $70.0M |
| Northern Trust Corp. | 0.01% | Add +4.2% | 1,008,058 | $69.3M |
| Douglas Lane & Associates, LLC | 0.97% | Reduce -5.9% | 970,173 | $66.7M |
| BlackRock, Inc. | 0.00% | Add +23.8% | 866,761 | $59.6M |
| Wells Fargo & Company | 0.01% | Reduce -3.1% | 854,028 | $58.7M |
| Raymond James Financial Inc. | 0.02% | Reduce -10.8% | 829,698 | $57.0M |
| Citigroup Inc. | 0.03% | Add +3052.6% | 697,647 | $47.9M |
| Causeway Capital Management LLC | 0.70% | Reduce -6.4% | 647,477 | $44.5M |
| Alberta Investment Management Corp | 0.33% | Reduce -26.7% | 560,000 | $38.5M |
| Envestnet Asset Management Inc. | 0.01% | Reduce -12.7% | 554,333 | $38.1M |
| Victory Capital Management Inc. | 0.02% | New | 539,239 | $37.1M |
| Holocene Advisors, LP | 0.08% | New | 494,740 | $34.0M |
| Bank of Montreal | 0.02% | Add +13.8% | 474,456 | $32.6M |
| Penn Davis McFarland Inc. | 3.60% | Reduce -1.1% | 465,668 | $32.0M |
| Optiver Holding B.V. | 0.85% | Add +76.1% | 458,957 | $31.5M |
| Arrowstreet Capital, Limited Partnership | 0.02% | Reduce -74.9% | 457,029 | $31.4M |
| Walleye Trading LLC | 0.75% | Add +75.6% | 446,729 | $30.7M |
| Artisan Partners Limited Partnership | 0.04% | Reduce -65.9% | 427,683 | $29.4M |
| HBK Investments L P | 0.57% | No change | 412,652 | $28.4M |
| Cook & Bynum Capital Management, LLC | 21.94% | No change | 403,914 | $27.8M |
| Capco Asset Management, LLC | 5.83% | Reduce -0.8% | 403,003 | $27.7M |
| Citadel Advisors | 0.02% | Reduce -69.0% | 374,200 | $25.7M |
| First Manhattan Co. Llc. | 0.07% | Reduce -18.8% | 354,870 | $24.4M |
| UBS Group AG | 0.01% | Reduce -45.7% | 353,670 | $24.3M |
| Sei Investments Co. | 0.03% | Reduce -0.8% | 349,004 | $24.0M |
| Jane Street Group, LLC | 0.04% | Add +735.5% | 341,967 | $23.5M |
| Marshall Wace, LLP | 0.03% | Add +169.8% | 337,311 | $23.2M |
| Great Lakes Advisors, LLC | 0.16% | Reduce -2.2% | 282,489 | $19.4M |
| Balyasny Asset Management L.P. | 0.04% | New | 260,941 | $17.9M |
| Everett Harris & Co. | 0.22% | Add +1.4% | 244,128 | $16.8M |
| Invesco Ltd. | 0.00% | Add +231.3% | 235,517 | $16.2M |
| Natixis Advisors, LLC | 0.02% | Add +40.6% | 215,570 | $14.8M |
| LPL Financial LLC | 0.00% | Add +7.7% | 212,226 | $14.6M |
| Capital Fund Management S.A. | 0.15% | Add +50.5% | 198,833 | $13.7M |
| American Century Companies Inc. | 0.01% | Reduce -1.9% | 194,700 | $13.4M |
| Perpetual Ltd | 0.16% | Reduce -7.7% | 194,094 | $13.3M |
| Thompson Siegel & Walmsley LLC | 0.23% | Reduce -7.7% | 194,094 | $13.3M |
| Fairview Capital Investment Management, LLC | 0.66% | Add +6.7% | 186,457 | $12.8M |
| Point72 Asset Management | 0.03% | Reduce -19.3% | 175,008 | $12.0M |
| Freestone Grove Partners LP | 0.08% | Reduce -5.0% | 156,761 | $10.8M |
| BNP Paribas Financial Markets | 0.01% | Add +13714.9% | 155,694 | $10.7M |
| US Bancorp \de | 0.01% | Add +10.2% | 151,464 | $10.4M |
| Pathstone Holdings, LLC | 0.04% | Reduce -7.3% | 138,793 | $9.5M |
| JPMorgan Chase & Co. | 0.00% | Reduce -7.1% | 132,946 | $9.1M |
| Tudor Investment Corporation | 0.07% | Add +9.8% | 131,490 | $9.0M |
| Quantinno Capital Management LP | 0.04% | Add +36.0% | 126,210 | $8.7M |
| Pinnacle Financial Partners Inc | 0.18% | Add +228.3% | 124,851 | $8.6M |
| D. E. Shaw & Co. | 0.01% | Reduce -62.7% | 123,814 | $8.5M |
| Fayez Sarofim & Co | 0.02% | Reduce -0.6% | 116,356 | $8.0M |
| LMR Partners LLP | 0.18% | New | 116,000 | $8.0M |
| Curi Capital, LLC | 0.15% | Add +0.6% | 113,965 | $7.9M |
| Clearbridge Investments, LLC | 0.01% | Add +5.0% | 114,241 | $7.9M |
| Creative Planning | 0.01% | Add +25.6% | 108,066 | $7.4M |
| Ally Financial Inc. | 0.82% | No change | 105,000 | $7.2M |
| First Trust Advisors LP | 0.01% | Add +1137.6% | 102,842 | $7.1M |
| Millennium Management | 0.01% | Reduce -89.2% | 102,179 | $7.0M |
| Abc Arbitrage SA | 0.80% | Add +261.4% | 101,613 | $7.0M |
| Dimensional Fund Advisors LP | 0.00% | Reduce -4.9% | 100,591 | $6.9M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +24.3% | 98,855 | $6.8M |
| Osaic Holdings, Inc. | 0.01% | Add +86.6% | 101,912 | $6.7M |
| QRG Capital Management, Inc. | 0.06% | Add +7.7% | 93,714 | $6.4M |
| Callan Family Office, LLC | 0.20% | Add +244.9% | 93,526 | $6.4M |
| Neuberger Berman Group LLC | 0.00% | Add +179.0% | 92,805 | $6.4M |
| Hillman Capital Management, Inc. | 3.27% | Reduce -16.1% | 87,093 | $6.0M |
| Tower Research Capital LLC (TRC) | 0.16% | Add +355.0% | 85,065 | $5.8M |
| Ironwood Investment Counsel, LLC | 0.90% | Add +1.2% | 84,502 | $5.8M |
| O'shaughnessy Asset Management, LLC | 0.04% | Add +77.0% | 84,383 | $5.8M |
| Ethic Inc. | 0.10% | Reduce -5.1% | 81,612 | $5.6M |
| Mercer Global Advisors Inc. | 0.01% | Add +3.4% | 80,867 | $5.6M |
| Commonwealth Equity Services, LLC | 0.01% | Add +34.2% | 77,060 | $5.3M |
| Squarepoint Ops LLC | 0.01% | Reduce -29.9% | 77,034 | $5.3M |
| HRT Financial LP | 0.02% | Reduce -26.2% | 70,200 | $4.8M |
| Heron Bay Capital Management | 0.94% | Reduce -24.4% | 69,442 | $4.8M |
| Capstone Investment Advisors, LLC | 0.05% | New | 68,800 | $4.7M |
| Stifel Financial Corp. | 0.00% | Reduce -23.4% | 68,594 | $4.7M |
| Buttonwood Financial Advisors Inc. | 1.89% | Reduce -8.8% | 68,460 | $4.7M |
| Azimuth Capital Investment Management LLC | 0.17% | New | 67,808 | $4.7M |
| Bank of New York Mellon Corp | 0.00% | Add +3.1% | 67,297 | $4.6M |
| Mariner, LLC | 0.01% | Add +78.3% | 66,400 | $4.6M |
| Ameriprise Financial Inc. | 0.00% | Reduce -53.1% | 63,974 | $4.4M |
| MML Investors Services, LLC | 0.01% | Reduce -1.6% | 62,043 | $4.3M |
| Summit Securities Group LLC | 1.52% | New | 61,721 | $4.2M |
| Baird Financial Group, Inc. | 0.01% | Reduce -2.0% | 58,130 | $4.0M |
| Assetmark, Inc. | 0.01% | Add +11.5% | 57,358 | $3.9M |
| Cerity Partners LLC | 0.01% | Reduce -6.5% | 55,020 | $3.8M |
| Sanctuary Advisors, LLC | 0.02% | Reduce -13.1% | 54,568 | $3.7M |
"% 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.