Anheuser-Busch Inbev-SPN ADRBUD

13F holders, Q2 2025 (June 30)
514holders +18
75new positions
56sold out
11famous investors
$68.71avg. 13F price*

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

0200400600800 Q1 2024: 530Q1 2024Q2 2024: 508Q2 2024Q3 2024: 518Q3 2024Q4 2024: 484Q4 2024Q1 2025: 496Q1 2025Q2 2025: 514Q2 2025Q3 2025: 483Q3 2025Q4 2025: 534Q4 2025Q1 2026: 548Q1 2026Q2 2026: 616Q2 2026

Total Exit/New Position Q1 2025 → Q2 2025

InstitutionsTotal Value
New Positions75$138.9M
Exits56$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
HighTower Advisors, LLC 0.00% Add +35.9% 53,341 $3.7M
Cetera Investment Advisers 0.01% Reduce -32.2% 51,907 $3.6M
SeaBridge Investment Advisors LLC 0.65% Add +8.4% 50,848 $3.5M
Vanguard Personalized Indexing Management, LLC 0.04% Add +22.2% 50,252 $3.5M
Schwerin Boyle Capital Management Inc. 0.38% Reduce -5.0% 50,111 $3.4M
RBF Capital, LLC 0.17% No change 50,000 $3.4M
Oppenheimer Asset Management Inc. 0.04% Reduce -12.4% 49,479 $3.4M
Jones Financial Companies LLLP 0.00% Reduce -8.0% 49,208 $3.4M
Capital Group Private Client Services, Inc. 0.03% Add +3.8% 48,535 $3.3M
Beacon Pointe Advisors, LLC 0.03% Add +0.8% 47,151 $3.2M
Susquehanna International Group, LLP 0.00% Add +259.1% 46,305 $3.2M
Northwestern Mutual Wealth Management Co. 0.00% Reduce -56.6% 45,891 $3.2M
Ruffer LLP 0.14% No change 45,000 $3.1M
Night Squared LP 1.32% New 43,180 $3.0M
Motley Fool Wealth Management, LLC 0.17% Reduce -14.9% 42,055 $2.9M
&partners 0.02% Add +7.5% 38,940 $2.7M
Cambridge Investment Research Advisors, Inc. 0.01% Reduce -6.8% 38,430 $2.6M
Koss-Olinger Consulting, LLC 0.21% Reduce -3.6% 37,141 $2.6M
Choreo, LLC 0.04% Reduce -1.2% 36,891 $2.5M
Wealth Enhancement Advisory Services, LLC 0.00% Add +0.8% 36,177 $2.5M
Quadrant Capital Group LLC 0.08% Add +23.3% 33,374 $2.3M
Sequoia Financial Advisors, LLC 0.01% Add +25.6% 31,720 $2.2M
Vestmark Advisory Solutions, Inc. 0.03% Reduce -28.0% 30,802 $2.1M
Park Avenue Securities LLC 0.02% New 28,938 $2.0M
Two Sigma Investments, LP 0.00% No change 28,900 $2.0M
XTX Topco Ltd 0.08% Reduce -61.8% 28,663 $2.0M
Vise Technologies, Inc. 0.08% — 28,567 $2.0M
Orion Porfolio Solutions, LLC 0.02% Add +33.7% 28,552 $2.0M
Atria Investments, Inc 0.02% Reduce -19.4% 27,822 $1.9M
B. Metzler seel. Sohn & Co. AG 0.02% No change 27,331 $1.9M
Wolverine Trading, LLC 0.05% Reduce -26.4% 27,074 $1.9M
Private Advisor Group, LLC 0.01% Add +48.5% 26,969 $1.9M
Highland Capital Management, LLC 0.10% Reduce -2.7% 26,335 $1.8M
Franklin Resources Inc. 0.00% Add +4.3% 25,955 $1.8M
Onex Canada Asset Management Inc. 0.21% Reduce -24.0% 25,620 $1.8M
PNC Financial Services Group, Inc. 0.00% Add +17.0% 25,001 $1.7M
Focus Partners Wealth 0.00% Reduce -6.1% 24,825 $1.7M
Bleakley Financial Group, LLC 0.04% Add +16.9% 24,720 $1.7M
Ritholtz Wealth Management 0.04% Add +578.6% 24,302 $1.7M
Virtu Financial LLC 0.09% New 24,192 $1.7M
Atom Investors LP 0.15% New 23,960 $1.6M
Integrated Investment Consultants, LLC 0.32% Reduce -17.1% 23,588 $1.6M
Arkadios Wealth Advisors 0.05% New 22,660 $1.6M
Mirabella Financial Services LLP 0.16% New 21,676 $1.5M
Citadel Investment Advisory, Inc. 0.71% Reduce -3.8% 21,369 $1.5M
Outfitters Financial LLC 1.23% Reduce -1.2% 21,070 $1.4M
Cantor Fitzgerald, L. P. 0.04% New 21,061 $1.4M
Round Hill Asset Management 0.96% Reduce -20.1% 20,614 $1.4M
Yousif Capital Management, LLC 0.02% Reduce -25.5% 20,321 $1.4M
GFS Advisors, LLC 0.19% Reduce -79.0% 20,305 $1.4M
Exencial Wealth Advisors, LLC 0.05% Reduce -20.9% 20,047 $1.4M
Naviter Wealth, LLC 0.17% Add +8.3% 19,941 $1.4M
Brooklyn Investment Group 0.17% Add +98.5% 19,274 $1.3M
Fox Run Management, L.L.C. 0.22% Reduce -15.5% 19,165 $1.3M
Merit Financial Group, LLC 0.01% Add +28.3% 18,780 $1.3M
Signaturefd, LLC 0.02% Add +7.6% 18,732 $1.3M
Kestra Advisory Services, LLC 0.01% Add +0.7% 18,200 $1.3M
Premier Path Wealth Partners, LLC 0.17% Reduce -24.8% 17,746 $1.2M
Truist Financial Corp. 0.00% Reduce -18.7% 17,571 $1.2M
Crossmark Global Holdings, Inc. 0.02% No change 16,991 $1.2M
Corient Private Wealth LP 0.00% Add +60.7% 16,973 $1.2M
Janney Montgomery Scott LLC 0.00% Add +15.7% 16,888 $1.2M
Compass Wealth Management LLC 0.27% Reduce -75.1% 16,779 $1.2M
Scotia Capital Inc. 0.01% Add +7.3% 16,147 $1.1M
Founders Financial Securities LLC 0.08% Add +3.3% 16,042 $1.1M
NewEdge Wealth, LLC 0.02% Reduce -19.7% 17,162 $1.1M
Henshaw Capital LLC 0.04% New 15,171 $1.0M
Compound Planning, Inc. 0.04% Add +2.6% 15,168 $1.0M
Rhumbline Advisers 0.00% Reduce -9.2% 15,094 $1.0M
Schonfeld Strategic Advisors LLC 0.01% Reduce -86.1% 14,885 $1.0M
Profund Advisors LLC 0.04% Add +3.6% 14,844 $1.0M
Evergreen Capital Management LLC 0.03% Add +164.4% 14,592 $1.0M
Cullen/Frost Bankers, Inc. 0.01% No change 14,589 $1.0M
Sterling Capital Management LLC 0.01% Reduce -18.2% 14,268 $980K
D.A. Davidson & Co. 0.01% Reduce -4.7% 14,160 $973K
Acadian Asset Management LLC 0.00% New 14,038 $964K
Transatlantique Private Wealth LLC 0.34% Add +16.7% 13,575 $933K
AQR Capital Management 0.00% Add +49.2% 13,478 $926K
Avantax Advisory Services, Inc. 0.00% Reduce -47.3% 12,600 $866K
Pekin Hardy Strauss, Inc. 0.10% Reduce -78.2% 12,543 $862K
GAMCO Investors 0.01% New 12,540 $862K
Cumberland Partners Ltd 0.06% New 12,500 $859K
Central Pacific Bank - Trust Division 0.11% Reduce -8.9% 12,325 $847K
Cibc World Market Inc. 0.00% New 12,110 $832K
Ellevest, Inc. 0.13% Reduce -1.5% 11,672 $802K
Semmax Financial Advisors Inc. 0.21% New 12,921 $801K
GTS Securities LLC 0.04% New 11,521 $792K
United Capital Financial Advisors, LLC 0.01% Add +3.6% 11,500 $790K
Laird Norton Wetherby Wealth Management, LLC 0.03% — 11,341 $779K
Farringdon Capital, Ltd. 0.26% Add +46.1% 11,303 $777K
1832 Asset Management L.P. 0.00% Add +55.7% 11,102 $763K
Annis Gardner Whiting Capital Advisors, LLC 0.26% Add +7.2% 10,883 $759K
Markel Group 0.01% No change 11,000 $756K
GeoWealth Management, LLC 0.03% Reduce -3.8% 10,907 $750K
NorthCoast Asset Management LLC 0.00% Reduce -10.7% 10,515 $723K
Kestra Private Wealth Services, LLC 0.01% Add +1.6% 10,399 $715K
Hantz Financial Services, Inc. 0.01% Add +889.4% 10,329 $710K
GC Wealth Management RIA, LLC 0.06% Reduce -6.5% 10,282 $707K
Vident Advisory, LLC 0.01% Add +103.7% 10,264 $705K
Manske Wealth Management 0.23% Reduce -2.7% 10,143 $697K
CW Advisors, LLC 0.01% Reduce -5.0% 10,110 $695K
Tidal Investments LLC 0.00% Reduce -31.5% 10,092 $694K
Guggenheim Capital LLC 0.01% Reduce -16.7% 10,069 $692K
Banco Bilbao Vizcaya Argentaria, S.A. 0.01% Add +208.5% 10,031 $686K
Cwm, LLC 0.00% Add +4.5% 9,725 $668K
TBH Global Asset Management, LLC 0.14% Reduce -7.8% 9,613 $661K
Russell Investments Group, Ltd. 0.00% Add +40.1% 9,562 $657K
Bridgefront Capital, LLC 0.17% New 9,553 $656K
Ballentine Partners, LLC 0.01% Add +39.5% 9,541 $656K
CHICAGO TRUST Co NA 0.09% Add +4.3% 9,500 $653K
Steward Partners Investment Advisory, LLC 0.00% Reduce -5.6% 9,189 $631K
Traub Capital Management LLC 0.57% — 9,004 $619K
Brandes Investment Partners, LP 0.01% Reduce -31.0% 8,987 $618K
TD Waterhouse Canada Inc. 0.00% Reduce -15.6% 8,933 $616K
Persium Advisors, LLC 0.51% Reduce -1.1% 8,956 $615K
Coldstream Capital Management Inc. 0.01% Add +197.7% 8,942 $615K
Ieq Capital, LLC 0.00% Add +47.6% 8,922 $613K
Captrust Financial Advisors 0.00% Reduce -8.7% 8,832 $607K
ICONIQ Capital, LLC 0.01% Add +40.0% 8,828 $607K
MAI Capital Management 0.00% Add +15.3% 8,783 $604K
Venturi Wealth Management, LLC 0.03% Reduce -28.8% 8,591 $590K
Balanced Rock Investment Advisors LLC 0.46% Reduce -1.3% 8,502 $584K
Michels Family Financial, LLC 0.50% Reduce -0.7% 8,478 $583K
Solitude Financial Services 0.21% Reduce -33.4% 8,340 $573K
Qtron Investments LLC 0.07% New 8,206 $564K
Savant Capital, LLC 0.00% New 8,064 $554K
Kayne Anderson Rudnick Investment Management LLC 0.00% Add +561.0% 7,939 $546K
Csenge Advisory Group 0.03% Reduce -0.4% 7,625 $537K
Old North State Wealth Management, LLC 0.27% Reduce -4.3% 7,461 $513K
Concurrent Investment Advisors, LLC 0.01% Add +10.7% 7,109 $489K
Aaron Wealth Advisors LLC 0.05% Add +10.2% 6,988 $480K
Personal Cfo Solutions, LLC 0.09% Add +0.7% 6,827 $469K
Versant Capital Management, Inc 0.07% Add +4.0% 6,745 $464K
Ingalls & Snyder LLC 0.02% New 6,668 $458K
Prossimo Advisors, LLC 0.37% Reduce -27.6% 6,650 $457K
Kennondale Capital Management LLC 0.47% No change 6,643 $457K
May Hill Capital, LLC 0.15% Reduce -12.3% 6,469 $445K
Gallacher Capital Management LLC 0.21% Reduce -3.8% 6,462 $444K
PDS Planning, Inc 0.03% Reduce -0.8% 6,364 $437K
M&T Bank Corp 0.00% Add +9.0% 6,327 $435K
Pinnacle Wealth Planning Services, Inc. 0.06% Reduce -14.4% 6,313 $434K
Ascent Group, LLC 0.02% Reduce -73.0% 6,305 $433K
Sagespring Wealth Partners, LLC 0.01% Add +28.5% 6,282 $432K
Glenview Trust Co 0.01% Reduce -5.7% 6,217 $427K
Forum Financial Management, LP 0.01% Reduce -26.1% 6,154 $423K
Parallel Advisors, LLC 0.01% Add +6.8% 6,073 $417K
HighPoint Advisor Group LLC 0.02% Add +12.7% 6,043 $415K
NewEdge Advisors, LLC 0.00% Reduce -32.1% 6,025 $414K
Berkshire Asset Management LLC 0.02% Add +1.0% 5,979 $411K
Toronto Dominion Bank 0.00% Add +361.8% 5,911 $406K
Commerce Bank 0.00% Add +2.2% 5,834 $401K
Excalibur Management Corp. 0.15% Reduce -3.2% 5,756 $396K
626 Financial, LLC 0.18% Add +0.9% 5,721 $393K
Level Four Advisory Services, LLC 0.01% New 5,703 $392K
Two Sigma Advisers, LP 0.00% New 5,700 $392K
My Legacy Advisors, LLC 0.14% Reduce -54.4% 5,774 $390K
Titleist Asset Management, LLC 0.04% New 5,601 $385K
Eldridge Investment Advisors, Inc. 0.08% No change 5,500 $378K
Avidian Wealth Enterprises, LLC 0.02% Reduce -1.1% 5,444 $374K
Keystone Financial Group 0.03% Reduce -2.0% 5,334 $367K
Integrated Advisors Network LLC 0.02% Reduce -6.7% 5,282 $363K
Jacobs & Co. 0.04% Reduce -2.8% 5,233 $359K
Advisory Services Network, LLC 0.01% Reduce -31.3% 6,222 $359K
American Assets Inc. 0.12% No change 5,000 $352K
Eagle Rock Investment Company, LLC 0.06% Add +8.0% 5,106 $351K
AE Wealth Management LLC 0.00% Reduce -9.5% 4,968 $341K
Allspring Global Investments Holdings, LLC 0.00% Add +1.9% 4,910 $340K
Prosperity Consulting Group, LLC 0.02% Reduce -57.7% 4,917 $338K
Pinnacle Associates Ltd. 0.00% Reduce -2.2% 4,876 $335K
Envestnet Portfolio Solutions, Inc. 0.00% Add +24.2% 4,844 $333K
Apollon Wealth Management, LLC 0.01% Add +27.8% 4,839 $333K
Barclays PLC 0.00% Reduce -99.0% 4,814 $331K
Ausdal Financial Partners, Inc. 0.02% New 4,810 $331K
World Equity Group, Inc. 0.09% New 4,799 $330K
West Family Investments, Inc. 0.09% New 4,794 $329K
Moors & Cabot, Inc. 0.02% Add +3.0% 4,768 $328K
Independent Financial Group, LLC 0.01% Reduce -52.3% 4,731 $325K
Strategic Blueprint, LLC 0.02% New 4,689 $322K
Centiva Capital, LP 0.02% Add +33.4% 4,601 $316K
Brucke Financial, Inc. 0.22% Add +1.6% 4,569 $314K
Smartleaf Asset Management LLC 0.03% Add +0.3% 4,433 $304K
Valeo Financial Advisors, LLC 0.01% Add +8.4% 4,418 $304K
XY Capital Ltd 0.21% New 4,400 $302K
Trivium Point Advisory, LLC 0.03% Reduce -83.7% 4,258 $293K
OneDigital Investment Advisors LLC 0.00% Reduce -4.9% 4,217 $290K
Pettee Investors, Inc. 0.17% Reduce -7.7% 4,188 $288K
Pettyjohn, Wood & White, Inc. 0.05% Reduce -0.6% 4,165 $286K
Glenmede Investment Management, LP 0.00% — 4,043 $278K
First Affirmative Financial Network 0.14% Add +6.9% 4,025 $277K
Rehmann Capital Advisory Group 0.02% Reduce -19.2% 4,008 $275K
Tyler-Stone Wealth Management 0.04% No change 4,000 $275K
FSM Wealth Advisors, LLC 0.04% Add +15.3% 3,958 $271K
Dorsey & Whitney Trust CO LLC 0.01% Reduce -2.4% 3,893 $268K
Greenleaf Trust 0.00% Reduce -2.5% 3,878 $266K
Hazlett, Burt & Watson, Inc. 0.11% Add +0.1% 3,852 $265K
Quintet Private Bank (Europe) S.A. 0.02% Add +17.0% 3,850 $265K
AlphaCore Capital LLC 0.01% New 3,822 $263K
LVW Advisors, LLC 0.03% Reduce -49.9% 3,816 $262K
Covenant Partners, LLC 0.08% No change 3,729 $256K
Cetera Trust Company, N.A 0.15% Add +19.4% 3,700 $254K
Brown Brothers Harriman & Co. 0.00% Add +5.0% 3,693 $254K
Perennial Investment Advisors, LLC 0.02% Add +3.3% 3,641 $250K
Moneta Group Investment Advisors LLC 0.00% Add +1.5% 3,639 $250K
Signature Estate & Investment Advisors LLC 0.01% Reduce -26.7% 3,636 $250K
Syon Capital LLC 0.02% New 3,630 $249K
Mitchell McLeod Pugh & Williams Inc. 0.05% No change 3,615 $248K
Checchi Capital Advisers, LLC 0.02% Reduce -1.0% 3,524 $242K
Pitcairn Co. 0.02% Reduce -8.0% 3,519 $242K
Mutual Advisors, LLC 0.01% Reduce -29.8% 3,431 $241K
Cornerstone Wealth Management, LLC 0.01% Reduce -2.6% 3,483 $239K
Sage Rhino Capital LLC 0.05% Add +5.1% 3,477 $239K
Oppenheimer & Co. Inc. 0.00% Reduce -7.5% 3,456 $237K
Principle Wealth Partners LLC 0.01% New 3,435 $236K
Douglass Winthrop Advisors, LLC 0.00% Reduce -4.9% 3,400 $234K
Lester Murray Antman dba SimplyRich 0.06% New 3,397 $233K
S.E.E.D. Planning Group LLC 0.07% Reduce -6.2% 3,378 $232K
Summit Trail Advisors, LLC 0.00% New 3,355 $231K
Fairvoy Private Wealth, LLC 0.06% Reduce -4.5% 3,353 $230K
Northside Capital Management, LLC 0.02% New 3,350 $230K
Aprio Wealth Management, LLC 0.03% Add +1.1% 3,326 $229K
Optas, LLC 0.04% New 3,317 $228K
National Bank of Canada 0.00% Add +4.3% 3,284 $226K
Am Investment Strategies LLC 0.05% Add +0.3% 3,284 $225K
Prospera Financial Services Inc 0.00% New 3,268 $225K
Stephens Inc. 0.00% Reduce -7.6% 3,245 $223K
Pure Financial Advisors, LLC 0.00% New 3,232 $222K
HB Wealth Management, LLC 0.00% Reduce -37.1% 3,213 $221K
Ascentis Independent Advisors 0.04% New 3,192 $219K
Brown Advisory Inc. 0.00% New 3,162 $217K
Calydon Capital 0.02% New 3,142 $216K
Earned Wealth Advisors, LLC 0.04% New 3,140 $216K
Geneos Wealth Management Inc. 0.01% Reduce -57.3% 3,126 $215K
Thrivent Financial for Lutherans 0.00% New 3,034 $209K
West Bancorporation Inc. 0.13% Reduce -20.0% 3,025 $208K
Federation des caisses Desjardins du Quebec 0.00% Reduce -3.8% 3,017 $207K
Kathmere Capital Management, LLC 0.02% New 3,011 $207K
Atwood & Palmer Inc. 0.01% New 3,000 $206K
Harbour Investments, Inc. 0.00% Add +119.7% 2,773 $191K
Principal Securities, Inc. 0.00% Reduce -21.4% 2,764 $190K
Whittier Trust Co. of Nevada Inc. 0.00% Reduce -4.8% 2,740 $188K
CoreFirst Bank & Trust 0.10% New 2,470 $170K
Farther Finance Advisors, LLC 0.00% Add +34.5% 2,455 $169K
IFP Advisors, Inc 0.00% Reduce -0.8% 2,409 $166K
Arax Advisory Partners 0.01% Add +35.2% 2,344 $161K
TCTC Holdings, LLC 0.01% No change 2,306 $158K
EverSource Wealth Advisors, LLC 0.01% Add +36.1% 2,230 $153K
Global Retirement Partners, LLC 0.00% — 2,224 $153K
Pittenger & Anderson Inc. 0.01% Reduce -42.2% 2,050 $141K
GAMMA Investing LLC 0.01% Add +75.9% 2,037 $140K
Rothschild Investment LLC 0.01% Add +1.8% 2,015 $138K
Bessemer Group Inc. 0.00% Add +45.6% 1,945 $134K
Golden State Wealth Management, LLC 0.02% Reduce -7.6% 1,854 $127K
Richardson Financial Services Inc. 0.08% Reduce -65.5% 1,808 $125K
Blue Trust, Inc. 0.00% Add +26.4% 1,800 $124K
New York State Common Retirement Fund 0.00% New 1,744 $120K
UMB Bank, n.a. 0.00% Add +14.4% 1,719 $118K
CENTRAL TRUST Co 0.00% Reduce -2.9% 1,703 $117K
Whittier Trust Co. 0.00% Reduce -28.1% 1,689 $116K
Ascentis Wealth Management, LLC 0.03% No change 1,655 $115K
Pflug Koory, LLC 0.06% No change 1,627 $112K
First Horizon Advisors, Inc. 0.00% Add +8036.8% 1,546 $106K
Ameritas Advisory Services, LLC 0.01% New 1,516 $104K
Quantbot Technologies LP 0.00% Reduce -79.1% 1,507 $104K
Wilmington Savings Fund Society, FSB 0.00% Add +2.5% 1,465 $101K
Banque de Luxembourg S.A. 0.06% No change 1,566 $96K
Huntington National Bank 0.00% Add +16.3% 1,387 $95K
Alerus Financial NA 0.01% New 1,365 $94K
Pinnacle Bancorp, Inc. 0.03% Add +6.7% 1,334 $92K
Rosenberg Matthew Hamilton 0.02% No change 1,301 $89K
Allworth Financial LP 0.00% Add +5.3% 1,259 $87K
Larson Financial Group LLC 0.00% Add +18.9% 1,146 $79K
Cromwell Holdings LLC 0.05% No change 1,125 $77K
Armstrong Advisory Group, Inc. 0.01% Reduce -36.5% 1,074 $74K
Trust Co. of Toledo NA 0.01% New 1,050 $72K
JNBA Financial Advisors 0.01% No change 1,050 $72K
10Elms LLP 0.08% No change 1,042 $72K
Future Financial Wealth Managment LLC 0.05% No change 1,000 $69K
Grove Bank & Trust 0.01% No change 1,000 $69K
Addison Advisors LLC 0.02% Add +9.9% 884 $61K
Reyes Financial Architecture, Inc. 0.05% New 864 $59K
Whipplewood Advisors, LLC 0.03% Add +55.2% 841 $58K
Atlas Capital Advisors Inc. 0.01% Add +167.6% 827 $57K
CIBC Private Wealth Group LLC 0.00% Add +45.3% 812 $56K
Brown, Lisle/Cummings, Inc. 0.01% Reduce -48.8% 811 $56K
Rexford Capital Inc. 0.05% — 794 $55K
Anchor Investment Management, LLC 0.00% No change 772 $53K
Westside Investment Management, Inc. 0.01% Add +51.6% 758 $52K
Hara Capital LLC 0.03% Reduce -43.2% 745 $51K
Investors Research Corp 0.01% Reduce -87.5% 712 $49K
St Germain D J Co. Inc. 0.00% No change 664 $46K
Garde Capital, Inc. 0.00% No change 600 $41K
Leonteq Securities AG 0.00% Reduce -78.8% 594 $41K
NewSquare Capital LLC 0.00% Add +602.7% 527 $36K
Lanark Financial, Inc. 0.00% Add +0.2% 525 $36K
GPS Wealth Strategies Group, LLC 0.00% Add +1.9% 523 $36K
JFS Wealth Advisors, LLC 0.00% Add +1.4% 508 $35K
Elevation Point Wealth Partners, LLC 0.00% New 504 $35K
Delta Asset Management LLC 0.00% No change 500 $34K
Rossby Financial, LCC 0.01% Reduce -35.6% 482 $33K
CoreCap Advisors, LLC 0.00% Reduce -17.0% 465 $32K
Legacy Investment Solutions, LLC 0.01% — 413 $28K
Legacy Wealth Managment, LLC 0.01% No change 413 $28K
Fairscale Capital, LLC 0.02% New 490 $28K
Private Trust Co. NA 0.00% Reduce -44.1% 410 $28K
SOA Wealth Advisors, LLC. 0.01% No change 406 $28K
Independence Bank of Kentucky 0.00% No change 400 $27K
Accredited Wealth Management, LLC 0.02% Reduce -63.0% 390 $27K
New England Capital Financial Advisors LLC 0.01% Reduce -20.3% 384 $26K
Spire Wealth Management 0.00% Reduce -13.6% 363 $25K
Parkside Financial Bank & Trust 0.00% Add +45.0% 351 $24K
Frazier Financial Advisors, LLC 0.02% Add +19.8% 327 $22K
Abound Wealth Management 0.01% No change 304 $21K
Prestige Wealth Management Group LLC 0.00% No change 302 $21K
Archer Investment Corp 0.00% Add +0.3% 299 $21K
WPG Advisers, LLC 0.02% Add +2.6% 274 $19K
Sierra Ocean, LLC 0.01% Add +7.0% 259 $18K
SRH Advisors, LLC 0.01% No change 259 $18K
Main Street Group, LTD 0.01% Reduce -28.9% 256 $18K
Costello Asset Management, INC 0.01% No change 256 $18K
Fifth Third Bancorp 0.00% Add +13.2% 248 $17K
Twin Peaks Wealth Advisors, LLC 0.01% New 267 $16K
Highline Wealth Partners LLC 0.00% Add +19.2% 236 $16K
HHM Wealth Advisors, LLC 0.00% No change 230 $16K
Tortoise Investment Management, LLC 0.00% No change 225 $15K
Country Trust Bank 0.00% New 222 $15K
Headlands Technologies LLC 0.00% Reduce -98.9% 221 $15K
Ransom Advisory, Ltd 0.01% No change 200 $14K
Kelly Lawrence W & Associates Inc. 0.00% No change 200 $14K
Asset Dedication, LLC 0.00% Add +771.4% 183 $13K
Robinswood Financial LLC 0.00% No change 178 $12K
Farmers & Merchants Investments Inc. 0.00% No change 168 $12K
Cape Investment Advisory, Inc. 0.00% No change 158 $11K
Winch Advisory Services, LLC 0.00% Add +1.3% 154 $11K
Clearstead Advisors, LLC 0.00% Reduce -33.9% 146 $10K
Binnacle Investments Inc 0.01% Add +17.1% 137 $9K
NFSG Corp 0.00% Add +164.0% 132 $9K
Thurston, Springer, Miller, Herd & Titak, Inc. 0.00% No change 125 $9K
AdvisorNet Financial, Inc 0.00% Add +600.0% 119 $8K
Ameriflex Group, Inc. 0.00% New 117 $8K
GW&K Investment Management, LLC 0.00% No change 114 $8K
Beacon Capital Management, LLC 0.00% Reduce -62.8% 115 $8K
Baillie Gifford & Co. 0.00% Add +13.0% 113 $8K
Bell Investment Advisors, Inc 0.00% No change 106 $7K
North Capital, Inc. 0.01% No change 101 $7K
Ridgewood Investments LLC 0.00% No change 101 $7K
Friedenthal Financial 0.00% No change 100 $7K
Carolina Wealth Advisors, LLC 0.00% No change 100 $7K
Burkett Financial Services, LLC 0.00% No change 100 $7K
SouthState Bank Corp 0.00% No change 100 $7K
Bare Financial Services, Inc 0.00% Add +607.1% 99 $7K
Murphy & Mullick Capital Management Corp 0.01% No change 112 $6K
Stephens Consulting, LLC 0.00% New 88 $6K
Ninety One UK Ltd 0.00% New 85 $6K
Zions Bancorporation, National Association 0.00% Add +6.7% 80 $5K
MTM Investment Management, LLC 0.00% New 76 $5K
Plante Moran Financial Advisors, LLC 0.00% No change 76 $5K
Salomon & Ludwin, LLC 0.00% Add +21.0% 75 $5K
Sunbelt Securities, Inc. 0.00% No change 103 $5K
Capital Advisors, Ltd. LLC 0.00% Add +1.5% 69 $5K
Capital Analysts, LLC 0.00% No change 68 $5K
Maseco LLP 0.00% — 72 $5K
Bruce G. Allen Investments, LLC 0.00% Add +47.7% 65 $4K
Physician Wealth Advisors, Inc. 0.00% Add +54.8% 65 $4K
Redmont Wealth Advisors LLC 0.01% New 64 $4K
Byrne Asset Management LLC 0.00% New 64 $4K
Transce3nd, LLC 0.00% No change 64 $4K
McIlrath & Eck, LLC 0.00% No change 63 $4K
IFS Advisors, LLC 0.00% No change 61 $4K
Fortitude Family Office, LLC 0.00% No change 58 $4K
HighMark Wealth Management LLC 0.00% Add +170.0% 54 $4K
Clark Wealth Partners 0.00% No change 50 $3K
CarsonAllaria Wealth Management, Ltd. 0.00% Reduce -83.5% 50 $3K
TD Capital Management LLC 0.00% No change 50 $3K
Vermillion Wealth Management, Inc. 0.00% No change 47 $3K
Atlantic Union Bankshares Corp 0.00% New 46 $3K
Federated Hermes, Inc. 0.00% No change 43 $3K
Cornerstone Planning Group LLC 0.00% No change 49 $3K
Salem Investment Counselors Inc. 0.00% Reduce -43.8% 41 $3K
TD Private Client Wealth LLC 0.00% Reduce -40.9% 39 $3K
Morton Brown Family Wealth, LLC 0.00% No change 38 $3K
Financial Network Wealth Advisors LLC 0.00% No change 37 $3K
Wolff Wiese Magana LLC 0.00% No change 37 $3K
SWAN Capital LLC 0.00% Reduce -23.8% 32 $2K
Key Financial Inc 0.00% No change 32 $2K
Hughes Financial Services, LLC 0.00% No change 35 $2K
CX Institutional 0.00% No change 30 $2K
Kilter Group LLC 0.00% New 26 $2K
St. Johns Investment Management Company, LLC 0.00% No change 25 $2K
City State Bank 0.00% No change 25 $2K
Darwin Wealth Management, LLC 0.00% No change 23 $2K
Nemes Rush Group LLC 0.00% New 23 $2K
Creative Financial Designs Inc. 0.00% No change 22 $2K
Rakuten Securities, Inc. 0.00% No change 21 $1K
Principia Wealth Advisory, LLC 0.00% New 20 $1K
Bartlett & Co. Wealth Management LLC 0.00% New 19 $1K
1620 Investment Advisors, Inc. 0.00% No change 15 $1K
Proathlete Wealth Management LLC 0.00% New 14 $962
Paladin Advisory Group, LLC 0.00% New 13 $893
Raffa Wealth Management, LLC 0.00% Reduce -72.1% 12 $825
Iron Horse Wealth Management, LLC 0.00% No change 12 $825
Private Wealth Asset Management, LLC 0.00% No change 11 $756
Bogart Wealth, LLC 0.00% No change 10 $687
Evolution Wealth Management Inc. 0.00% — 9 $618
American National Bank & Trust 0.00% New 8 $550
Riggs Asset Managment Co. Inc. 0.00% No change 6 $413
Pension & Wealth Management Advisors, Inc. 0.00% No change 5 $350
MJT & Associates Financial Advisory Group, Inc. 0.00% No change 5 $344
Park Square Financial Group, LLC 0.00% No change 5 $344
Pineridge Advisors LLC 0.00% No change 5 $344
High Note Wealth, LLC 0.00% No change 4 $275
Activest Wealth Management 0.00% No change 4 $275
Blume Capital Management, Inc. 0.00% New 3 $207
Millstone Evans Group, LLC 0.00% No change 3 $206
Coston, McIsaac & Partners 0.00% New 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.