Anheuser-Busch Inbev-SPN ADRBUD

13F holders, Q3 2025 (September 30)
483holders −31
54new positions
81sold out
10famous investors
$59.62avg. 13F price*

At the end of Q3 2025, 483 institutions reported holding Anheuser-Busch Inbev-SPN ADR (BUD) in their 13F filings, down 31 from Q2 2025. 54 opened new positions and 81 sold out. The largest holders were Dodge & Cox ($2.2B), Fisher Asset Management ($656.4M) and FMR LLC ($315.1M). 10 famous investors held it, including Bill Gates / Michael Larson (0.3% of Gates Foundation Trust's portfolio), Ken Fisher (0.2% of Fisher Asset Management'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 Q2 2025 → Q3 2025

InstitutionsTotal Value
New Positions54$24.4M
Exits81$138.0M

All 13F filers, Q2 2025 → Q3 2025: 9,204,357 shares bought and 12,624,668 shares sold, net −3,420,311 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 483 holders

Dodge & Cox 1.18% Reduce -5.0% 36,546,221 $2.2B
Fisher Asset Management 0.24% Add +3.3% 11,011,683 $656.4M
FMR LLC 0.02% Reduce -24.0% 5,286,669 $315.1M
Manufacturers Life Insurance Company, The 0.20% Reduce -42.0% 4,004,251 $238.7M
Goldman Sachs Group Inc. 0.03% Add +95.1% 3,967,854 $236.5M
Bank of America Corp. 0.02% Add +12.8% 3,770,946 $224.8M
Morgan Stanley 0.01% Add +21.6% 3,239,389 $193.1M
DAVENPORT & Co LLC 0.67% Reduce -3.0% 2,080,817 $124.2M
Gates Foundation Trust 0.28% No change 1,703,000 $101.5M
Capital International Investors 0.02% Add +0.1% 1,598,808 $95.7M
Royal Bank of Canada 0.02% Reduce -24.5% 1,534,136 $91.5M
Hotchkis & Wiley Capital Management LLC 0.28% Add +22.9% 1,511,840 $90.1M
Bank of Montreal 0.03% Add +150.6% 1,188,876 $70.9M
D. E. Shaw & Co. 0.06% Add +836.4% 1,159,399 $69.1M
Renaissance Technologies 0.09% Reduce -7.6% 1,110,174 $66.2M
Clarkston Capital Partners, LLC 1.33% Add +0.1% 1,035,362 $61.7M
Seafarer Capital Partners, LLC 17.58% Add +1.5% 1,034,000 $61.6M
Northern Trust Corp. 0.01% Add +1.0% 1,017,780 $60.7M
BlackRock, Inc. 0.00% Add +14.8% 995,414 $59.3M
UBS Group AG 0.01% Add +147.3% 874,795 $52.1M
Raymond James Financial Inc. 0.02% Add +5.0% 870,939 $51.9M
Douglas Lane & Associates, LLC 0.69% Reduce -14.3% 831,372 $49.6M
Victory Capital Management Inc. 0.03% Add +53.7% 828,670 $49.4M
Citadel Advisors 0.04% Add +101.1% 752,476 $44.9M
Alberta Investment Management Corp 0.35% Add +30.4% 730,000 $43.5M
Wells Fargo & Company 0.01% Reduce -18.7% 694,685 $41.4M
First Trust Advisors LP 0.03% Add +535.5% 653,616 $39.0M
Causeway Capital Management LLC 0.48% Reduce -5.8% 609,686 $36.3M
Optiver Holding B.V. 0.51% Add +14.4% 525,005 $31.3M
BNP Paribas Financial Markets 0.02% Add +227.5% 509,904 $30.4M
Envestnet Asset Management Inc. 0.01% Reduce -10.7% 495,137 $29.5M
Penn Davis McFarland Inc. 2.86% Reduce -0.3% 464,094 $27.7M
Cook & Bynum Capital Management, LLC 19.23% No change 403,914 $24.1M
First Manhattan Co. Llc. 0.06% Reduce -0.2% 354,252 $21.1M
Capco Asset Management, LLC 4.26% Reduce -23.9% 306,625 $18.3M
Sei Investments Co. 0.02% Reduce -16.3% 292,012 $17.4M
Invesco Ltd. 0.00% Add +23.9% 291,678 $17.4M
Walleye Trading LLC 0.28% Reduce -35.1% 289,719 $17.3M
Great Lakes Advisors, LLC 0.14% Reduce -1.1% 279,335 $16.7M
HRT Financial LP 0.06% Add +274.2% 262,678 $15.7M
Everett Harris & Co. 0.17% Reduce -3.0% 236,898 $14.1M
American Century Companies Inc. 0.01% Add +6.0% 206,329 $12.3M
Thompson Siegel & Walmsley LLC 0.19% Add +0.7% 195,368 $11.6M
Perpetual Ltd 0.14% Add +0.7% 195,368 $11.6M
LPL Financial LLC 0.00% Reduce -8.8% 193,650 $11.5M
HBK Investments L P 0.18% Reduce -55.0% 185,798 $11.1M
Fairview Capital Investment Management, LLC 0.56% Reduce -1.2% 184,162 $11.0M
Susquehanna International Group, LLP 0.01% Add +262.9% 168,064 $10.0M
Barclays PLC 0.00% Add +3386.4% 167,835 $10.0M
Freestone Grove Partners LP 0.07% No change 156,761 $9.3M
Neuberger Berman Group LLC 0.01% Add +66.7% 154,731 $9.2M
Jane Street Group, LLC 0.01% Reduce -56.8% 147,639 $8.8M
Natixis Advisors, LLC 0.01% Reduce -31.6% 147,422 $8.8M
JPMorgan Chase & Co. 0.00% Add +8.6% 144,420 $8.6M
Tower Research Capital LLC (TRC) 0.23% Add +65.0% 140,318 $8.4M
US Bancorp \de 0.01% Reduce -8.8% 138,094 $8.2M
Pathstone Holdings, LLC 0.03% Reduce -6.7% 129,536 $7.7M
Charles Schwab Investment Management Inc. 0.00% Add +19.6% 118,263 $7.0M
Fayez Sarofim & Co 0.02% No change 116,356 $6.9M
Quantinno Capital Management LP 0.02% Reduce -12.3% 110,741 $6.6M
Creative Planning 0.00% Reduce -1.1% 106,824 $6.4M
Ally Financial Inc. 0.77% No change 105,000 $6.3M
Clearbridge Investments, LLC 0.00% Reduce -10.5% 102,274 $6.1M
Dimensional Fund Advisors LP 0.00% Add +1.1% 101,751 $6.1M
Marshall Wace, LLP 0.01% Reduce -71.2% 97,319 $5.8M
Hillman Capital Management, Inc. 3.15% Add +4.2% 90,738 $5.4M
Aquatic Capital Management LLC 0.10% New 89,835 $5.4M
Ironwood Investment Counsel, LLC 0.76% Add +3.0% 87,058 $5.2M
Callan Family Office, LLC 0.16% Reduce -7.2% 86,788 $5.2M
Ethic Inc. 0.08% Add +4.9% 85,629 $5.1M
Stifel Financial Corp. 0.00% Add +22.5% 84,034 $5.0M
Abc Arbitrage SA 0.47% Reduce -20.4% 80,913 $4.8M
Curi Capital, LLC 0.09% Reduce -29.1% 80,785 $4.8M
Capital Fund Management S.A. 0.05% Reduce -59.5% 80,465 $4.8M
Citigroup Inc. 0.00% Reduce -89.8% 71,530 $4.3M
Osaic Holdings, Inc. 0.01% Reduce -32.8% 68,493 $4.2M
Mercer Global Advisors Inc. 0.01% Reduce -12.9% 70,434 $4.2M
Azimuth Capital Investment Management LLC 0.15% Add +3.8% 70,395 $4.2M
O'shaughnessy Asset Management, LLC 0.02% Reduce -18.6% 68,666 $4.1M
Tudor Investment Corporation 0.03% Reduce -49.9% 65,829 $3.9M
Heron Bay Capital Management 0.72% Reduce -6.5% 64,955 $3.9M
Commonwealth Equity Services, LLC 0.00% Reduce -18.5% 62,806 $3.7M
SALT Holding Corp. 4.71% New 62,600 $3.7M
Bank of New York Mellon Corp 0.00% Reduce -11.2% 59,750 $3.6M
Buttonwood Financial Advisors Inc. 1.20% Reduce -14.3% 58,679 $3.5M
Baird Financial Group, Inc. 0.01% Reduce -0.0% 58,123 $3.5M
Assetmark, Inc. 0.01% Add +0.2% 57,478 $3.4M
Cerity Partners LLC 0.01% Add +0.8% 55,479 $3.3M
MML Investors Services, LLC 0.01% Reduce -11.8% 54,700 $3.3M
SeaBridge Investment Advisors LLC 0.53% Add +7.3% 54,540 $3.3M
Cetera Investment Advisers 0.00% Add +4.6% 54,277 $3.2M
RBF Capital, LLC 0.14% No change 50,000 $3.0M
QRG Capital Management, Inc. 0.04% Reduce -46.9% 49,805 $3.0M
Oppenheimer Asset Management Inc. 0.03% Add +0.3% 49,619 $3.0M
Jones Financial Companies LLLP 0.00% Add +0.8% 49,583 $2.9M
Millennium Management 0.00% Reduce -53.7% 47,327 $2.8M
Northwestern Mutual Wealth Management Co. 0.00% Add +0.4% 46,080 $2.7M
Schwerin Boyle Capital Management Inc. 0.30% Reduce -8.5% 45,873 $2.7M
Ruffer LLP 0.15% No change 45,000 $2.7M
Cambridge Investment Research Advisors, Inc. 0.01% Add +16.4% 44,746 $2.7M
Ameriprise Financial Inc. 0.00% Reduce -30.4% 44,550 $2.7M
Vanguard Personalized Indexing Management, LLC 0.03% Reduce -14.5% 42,960 $2.6M
Koss-Olinger Consulting, LLC 0.21% Reduce -0.1% 37,096 $2.5M
Balyasny Asset Management L.P. 0.01% Reduce -83.7% 42,582 $2.5M
Mariner, LLC 0.00% Reduce -37.1% 41,748 $2.5M
&partners 0.02% Add +5.5% 41,078 $2.4M
HighTower Advisors, LLC 0.00% Reduce -28.8% 37,998 $2.3M
Summit Securities Group LLC 0.74% Reduce -38.8% 37,772 $2.3M
XY Capital Ltd 1.84% Add +740.0% 36,961 $2.2M
Motley Fool Wealth Management, LLC 0.15% Reduce -12.2% 36,906 $2.2M
Choreo, LLC 0.03% Reduce -2.1% 36,131 $2.2M
Savoir Faire Capital Management, L.P. 0.75% New 35,000 $2.1M
XTX Topco Ltd 0.11% Add +22.0% 34,979 $2.1M
Scotia Capital Inc. 0.01% Add +102.9% 32,759 $2.0M
Private Advisor Group, LLC 0.01% Add +16.0% 31,287 $1.9M
Sanctuary Advisors, LLC 0.01% Reduce -43.1% 31,044 $1.9M
Focus Partners Wealth 0.00% Add +21.4% 30,143 $1.8M
Sequoia Financial Advisors, LLC 0.01% Reduce -7.3% 29,411 $1.8M
Orion Porfolio Solutions, LLC 0.01% Add +2.7% 29,334 $1.7M
Two Sigma Investments, LP 0.00% No change 28,900 $1.7M
Wealth Enhancement Advisory Services, LLC 0.00% Reduce -21.8% 28,309 $1.7M
Quadrant Capital Group LLC 0.05% Reduce -19.1% 27,013 $1.6M
Vise Technologies, Inc. 0.06% Reduce -6.1% 26,834 $1.6M
Maverick Capital 0.02% New 26,800 $1.6M
Highland Capital Management, LLC 0.08% Reduce -0.6% 26,185 $1.6M
AQR Capital Management 0.00% Add +93.1% 26,025 $1.6M
Park Avenue Securities LLC 0.01% Reduce -10.7% 25,846 $1.5M
Squarepoint Ops LLC 0.00% Reduce -68.0% 24,690 $1.5M
Bleakley Financial Group, LLC 0.03% Reduce -2.0% 24,224 $1.4M
PNC Financial Services Group, Inc. 0.00% Reduce -4.7% 23,822 $1.4M
Capital Group Private Client Services, Inc. 0.02% Reduce -50.9% 23,816 $1.4M
Franklin Resources Inc. 0.00% Reduce -8.8% 23,681 $1.4M
Flow Traders U.S. LLC 0.06% New 22,958 $1.4M
Arkadios Wealth Advisors 0.03% Add +1.3% 22,957 $1.4M
Engineers Gate Manager LP 0.02% New 22,842 $1.4M
Brooklyn Investment Group 0.18% Add +0.3% 19,334 $1.3M
GTS Securities LLC 0.05% Add +89.0% 21,779 $1.3M
NewEdge Wealth, LLC 0.02% Add +19.9% 20,575 $1.3M
Outfitters Financial LLC 1.03% Add +1.1% 21,310 $1.3M
Citadel Investment Advisory, Inc. 0.58% Reduce -0.5% 21,260 $1.3M
Wolverine Trading, LLC 0.03% Reduce -21.9% 21,146 $1.3M
Round Hill Asset Management 0.81% Reduce -0.4% 20,529 $1.2M
Yousif Capital Management, LLC 0.01% No change 20,321 $1.2M
GFS Advisors, LLC 0.15% No change 20,305 $1.2M
Premier Path Wealth Partners, LLC 0.16% Add +13.9% 20,213 $1.2M
Integrated Investment Consultants, LLC 0.20% Reduce -15.2% 20,007 $1.2M
Janney Montgomery Scott LLC 0.00% Add +13.9% 19,242 $1.1M
B. Metzler seel. Sohn & Co. AG 0.01% Reduce -30.2% 19,084 $1.1M
Naviter Wealth, LLC 0.13% Reduce -5.8% 18,795 $1.1M
FORA Capital, LLC 0.20% New 18,656 $1.1M
Signaturefd, LLC 0.02% Reduce -2.7% 18,226 $1.1M
Vestmark Advisory Solutions, Inc. 0.02% Reduce -41.9% 17,891 $1.1M
Hantz Financial Services, Inc. 0.02% Add +71.8% 17,746 $1.1M
Atria Investments, Inc 0.01% Reduce -36.6% 17,645 $1.1M
Kestra Advisory Services, LLC 0.00% Reduce -4.4% 17,398 $1.0M
Acadian Asset Management LLC 0.00% Add +23.4% 17,328 $1.0M
Founders Financial Securities LLC 0.07% Add +6.6% 17,101 $1.0M
Crossmark Global Holdings, Inc. 0.02% Reduce -0.6% 16,885 $1.0M
Truist Financial Corp. 0.00% Reduce -4.1% 16,855 $1.0M
Merit Financial Group, LLC 0.01% Reduce -11.2% 16,673 $994K
Fairtree Asset Management (Pty) Ltd 0.63% New 16,161 $963K
Transatlantique Private Wealth LLC 0.30% Add +13.4% 15,388 $917K
Atlantic Union Bankshares Corp 0.02% Add +33184.8% 15,311 $913K
Coldstream Capital Management Inc. 0.01% Add +67.0% 14,929 $890K
Horizon Investments, LLC 0.01% New 14,879 $887K
Cullen/Frost Bankers, Inc. 0.01% No change 14,589 $870K
Corient Private Wealth LP 0.00% Reduce -14.9% 14,451 $861K
AlphaCore Capital LLC 0.03% Add +277.2% 14,417 $859K
Compound Planning, Inc. 0.03% Reduce -5.6% 14,322 $854K
D.A. Davidson & Co. 0.01% Reduce -2.1% 13,858 $826K
Caprock Group, LLC 0.02% — 13,053 $818K
Ritholtz Wealth Management 0.02% Reduce -44.0% 13,604 $811K
Rhumbline Advisers 0.00% Reduce -11.5% 13,362 $797K
Evergreen Capital Management LLC 0.02% Reduce -12.9% 12,705 $757K
Beacon Pointe Advisors, LLC 0.01% Reduce -73.1% 12,700 $757K
United Capital Financial Advisors, LLC 0.01% Add +9.5% 12,593 $751K
GAMCO Investors 0.01% No change 12,540 $748K
Pekin Hardy Strauss, Inc. 0.08% Reduce -0.5% 12,481 $744K
1832 Asset Management L.P. 0.00% Add +11.1% 12,335 $735K
Profund Advisors LLC 0.02% Reduce -19.7% 11,918 $710K
Ieq Capital, LLC 0.00% Add +33.3% 11,895 $709K
LMR Partners LLP 0.01% Reduce -89.9% 11,739 $700K
Solitude Financial Services 0.23% Add +37.8% 11,490 $685K
GC Wealth Management RIA, LLC 0.02% Add +11.4% 11,451 $683K
Guggenheim Capital LLC 0.00% Add +10.5% 11,124 $663K
Central Pacific Bank - Trust Division 0.08% Reduce -10.9% 10,975 $654K
GeoWealth Management, LLC 0.02% Reduce -2.5% 10,629 $634K
Kestra Private Wealth Services, LLC 0.01% Reduce -1.1% 10,281 $613K
Culbertson A N & Co. Inc. 0.09% New 10,275 $612K
Russell Investments Group, Ltd. 0.00% Add +7.2% 10,248 $611K
CHICAGO TRUST Co NA 0.09% Add +7.3% 10,196 $608K
Toronto Dominion Bank 0.00% Add +72.3% 10,185 $607K
Manske Wealth Management 0.18% Reduce -1.0% 10,043 $599K
Banco Bilbao Vizcaya Argentaria, S.A. 0.00% Reduce -0.4% 9,992 $594K
NorthCoast Asset Management LLC 0.00% Reduce -5.3% 9,961 $594K
Persium Advisors, LLC 0.44% Add +10.8% 9,921 $591K
Sterling Capital Management LLC 0.01% Reduce -30.6% 9,906 $590K
Laird Norton Wetherby Wealth Management, LLC 0.02% Reduce -13.1% 9,860 $588K
Ellevest, Inc. 0.08% Reduce -15.6% 9,850 $587K
Compass Wealth Management LLC 0.13% Reduce -41.5% 9,809 $585K
Gallacher Capital Management LLC 0.22% Add +46.6% 9,472 $565K
Lineweaver Wealth Advisors, LLC 0.08% New 9,453 $563K
Arax Advisory Partners 0.01% Add +298.2% 9,333 $556K
Cwm, LLC 0.00% Reduce -4.1% 9,325 $556K
Vontobel Holding Ltd. 0.00% New 9,284 $553K
Arq Wealth Advisors, LLC 0.16% New 9,060 $540K
Balanced Rock Investment Advisors LLC 0.39% Add +6.5% 9,055 $540K
Vident Advisory, LLC 0.01% Reduce -13.7% 8,857 $528K
Forum Financial Management, LP 0.01% Add +41.5% 8,708 $519K
TBH Global Asset Management, LLC 0.10% Reduce -9.5% 8,702 $519K
Virtu Financial LLC 0.03% Reduce -64.3% 8,637 $515K
Michels Family Financial, LLC 0.40% Add +1.3% 8,590 $512K
Captrust Financial Advisors 0.00% Reduce -2.8% 8,585 $512K
Ballentine Partners, LLC 0.01% Reduce -10.1% 8,582 $512K
Steward Partners Investment Advisory, LLC 0.00% Reduce -7.2% 8,524 $508K
Kayne Anderson Rudnick Investment Management LLC 0.00% Add +5.8% 8,396 $501K
MAI Capital Management 0.00% Reduce -5.9% 8,263 $493K
Annis Gardner Whiting Capital Advisors, LLC 0.10% Reduce -24.3% 8,239 $491K
Qtron Investments LLC 0.06% Reduce -0.1% 8,199 $489K
Venturi Wealth Management, LLC 0.02% Reduce -6.2% 8,055 $480K
Traub Capital Management LLC 0.46% Reduce -12.7% 7,864 $469K
Keystone Financial Group 0.04% Add +43.2% 7,636 $467K
Bank of Nova Scotia 0.00% New 7,644 $456K
Allspring Global Investments Holdings, LLC 0.00% Add +54.8% 7,600 $453K
Smartleaf Asset Management LLC 0.03% Add +67.7% 7,436 $445K
Ingalls & Snyder LLC 0.01% Add +11.8% 7,455 $444K
TD Waterhouse Canada Inc. 0.00% Reduce -18.7% 7,261 $432K
Old North State Wealth Management, LLC 0.20% Reduce -4.2% 7,149 $427K
Personal Cfo Solutions, LLC 0.07% Add +3.9% 7,092 $423K
Concurrent Investment Advisors, LLC 0.01% Reduce -0.8% 7,053 $420K
Versant Capital Management, Inc 0.06% Add +2.0% 6,878 $410K
Kennondale Capital Management LLC 0.30% No change 6,643 $396K
PEAK6 LLC 0.01% New 6,615 $394K
Aaron Wealth Advisors LLC 0.02% Reduce -7.4% 6,472 $386K
Advisory Services Network, LLC 0.01% Add +1.4% 6,310 $376K
Brucke Financial, Inc. 0.22% Add +32.6% 6,057 $369K
Berkshire Asset Management LLC 0.02% No change 5,979 $356K
Glenview Trust Co 0.01% Reduce -5.5% 5,874 $350K
SG Americas Securities, LLC 0.00% New 5,815 $347K
Brown Brothers Harriman & Co. 0.00% Add +57.3% 5,809 $346K
PFG Investments, LLC 0.02% New 5,791 $345K
Excalibur Management Corp. 0.12% No change 5,756 $343K
NewEdge Advisors, LLC 0.00% Reduce -4.9% 5,732 $342K
626 Financial, LLC 0.15% No change 5,721 $341K
Pinnacle Wealth Planning Services, Inc. 0.04% Reduce -10.9% 5,622 $335K
Parallel Advisors, LLC 0.01% Reduce -9.0% 5,527 $330K
Am Investment Strategies LLC 0.07% Add +67.4% 5,497 $328K
Eldridge Investment Advisors, Inc. 0.07% No change 5,500 $328K
Boston Partners 0.00% New 5,500 $328K
Credit Agricole S A 0.00% — 5,441 $324K
Syon Capital LLC 0.02% Add +48.7% 5,398 $322K
Avidian Wealth Enterprises, LLC 0.01% Reduce -2.6% 5,302 $316K
PDS Planning, Inc 0.02% Reduce -16.9% 5,291 $315K
HB Wealth Management, LLC 0.00% Add +62.1% 5,210 $311K
Integrated Advisors Network LLC 0.01% Reduce -1.4% 5,206 $310K
M&T Bank Corp 0.00% Reduce -18.3% 5,169 $308K
Pinnacle Financial Partners Inc 0.01% Reduce -95.9% 5,141 $306K
Eagle Rock Investment Company, LLC 0.05% No change 5,106 $304K
Apollon Wealth Management, LLC 0.01% Add +4.2% 5,042 $301K
American Assets Inc. 0.10% No change 5,000 $298K
AE Wealth Management LLC 0.00% Reduce -0.6% 4,937 $294K
Ausdal Financial Partners, Inc. 0.01% Add +2.3% 4,920 $293K
Commerce Bank 0.00% Reduce -15.7% 4,919 $293K
Envestnet Portfolio Solutions, Inc. 0.00% Add +0.3% 4,861 $290K
Rockefeller Capital Management L.P. 0.00% New 4,830 $288K
Sagespring Wealth Partners, LLC 0.01% Reduce -23.3% 4,817 $287K
West Family Investments, Inc. 0.06% No change 4,794 $286K
Strategic Blueprint, LLC 0.01% Add +0.5% 4,710 $281K
Moors & Cabot, Inc. 0.01% Reduce -2.4% 4,653 $277K
Valeo Financial Advisors, LLC 0.01% Add +3.3% 4,563 $272K
Bridgefront Capital, LLC 0.08% Reduce -52.5% 4,540 $271K
Jacobs & Co. 0.03% Reduce -13.4% 4,533 $270K
HighPoint Advisor Group LLC 0.01% Reduce -25.1% 4,528 $270K
Chesapeake Capital Corp. 0.24% — 4,417 $263K
Tidal Investments LLC 0.00% Reduce -56.2% 4,417 $263K
Federation des caisses Desjardins du Quebec 0.00% Add +45.8% 4,400 $262K
Mach-1 Financial Group, LLC 0.04% New 4,381 $261K
Integrity Advisory Solutions, LLC 0.04% — 4,381 $261K
Pettyjohn, Wood & White, Inc. 0.04% No change 4,165 $248K
OneDigital Investment Advisors LLC 0.00% Reduce -2.7% 4,103 $245K
Trivium Point Advisory, LLC 0.02% Reduce -3.9% 4,094 $244K
Greenleaf Trust 0.00% Add +4.1% 4,037 $241K
Dorsey & Whitney Trust CO LLC 0.01% Add +1.8% 3,962 $236K
Pure Financial Advisors, LLC 0.00% Add +22.5% 3,959 $236K
Cetera Trust Company, N.A 0.13% Add +5.4% 3,900 $232K
First Affirmative Financial Network 0.11% Reduce -3.3% 3,891 $232K
Checchi Capital Advisers, LLC 0.02% Add +10.0% 3,875 $231K
Hazlett, Burt & Watson, Inc. 0.08% No change 3,852 $230K
FSM Wealth Advisors, LLC 0.03% Reduce -3.3% 3,829 $228K
Independent Financial Group, LLC 0.01% Reduce -19.1% 3,826 $228K
Glenmede Investment Management, LP 0.00% Reduce -6.3% 3,789 $226K
Kathmere Capital Management, LLC 0.02% Add +25.3% 3,772 $225K
Mitchell McLeod Pugh & Williams Inc. 0.04% No change 3,615 $223K
Ascent Group, LLC 0.01% Reduce -40.6% 3,742 $223K
Covenant Partners, LLC 0.06% No change 3,729 $222K
Fox Run Management, L.L.C. 0.03% Reduce -81.1% 3,627 $216K
Savant Capital, LLC 0.00% Reduce -55.1% 3,624 $216K
Mutual Advisors, LLC 0.00% Add +1.9% 3,497 $215K
Moneta Group Investment Advisors LLC 0.00% Reduce -0.7% 3,612 $215K
Patriot Financial Group Insurance Agency, LLC 0.03% New 3,600 $215K
MQS Management LLC 0.12% New 3,563 $212K
National Bank of Canada 0.00% Add +7.6% 3,535 $211K
LVW Advisors, LLC 0.02% Reduce -8.1% 3,506 $209K
Centiva Capital, LP 0.02% Reduce -23.9% 3,500 $209K
Signature Estate & Investment Advisors LLC 0.00% Reduce -4.3% 3,479 $207K
Sage Rhino Capital LLC 0.04% Reduce -1.6% 3,423 $204K
Summit Trail Advisors, LLC 0.00% Add +1.7% 3,411 $203K
Cornerstone Wealth Management, LLC 0.01% Reduce -2.9% 3,383 $202K
Quintet Private Bank (Europe) S.A. 0.01% Reduce -14.6% 3,290 $196K
Atwood & Palmer Inc. 0.01% No change 3,000 $179K
Simplex Trading, LLC 0.00% New 2,799 $166K
Cresset Asset Management, LLC 0.00% New 2,759 $164K
EverSource Wealth Advisors, LLC 0.01% Add +15.4% 2,574 $153K
CoreFirst Bank & Trust 0.08% Add +0.8% 2,490 $148K
Caitong International Asset Management Co., Ltd 0.10% New 2,342 $140K
Rothschild Investment LLC 0.01% Add +15.2% 2,321 $138K
Bessemer Group Inc. 0.00% Add +18.8% 2,310 $138K
TCTC Holdings, LLC 0.00% No change 2,306 $137K
Farther Finance Advisors, LLC 0.00% Reduce -9.4% 2,224 $133K
Pittenger & Anderson Inc. 0.00% No change 2,050 $122K
Principal Securities, Inc. 0.00% Reduce -27.1% 2,016 $120K
Global Retirement Partners, LLC 0.00% Reduce -14.5% 1,901 $113K
IFP Advisors, Inc 0.00% Reduce -25.1% 1,805 $108K
Blue Trust, Inc. 0.00% Reduce -0.1% 1,799 $107K
Allworth Financial LP 0.00% Add +39.6% 1,757 $105K
GAMMA Investing LLC 0.01% Reduce -13.9% 1,753 $104K
New York State Common Retirement Fund 0.00% No change 1,744 $104K
Richardson Financial Services Inc. 0.06% Reduce -7.1% 1,680 $100K
Leonteq Securities AG 0.01% Add +182.2% 1,676 $100K
Ascentis Wealth Management, LLC 0.02% No change 1,655 $99K
Pflug Koory, LLC 0.05% No change 1,627 $97K
Wealthspire Advisors, LLC 0.00% New 1,590 $95K
Banque de Luxembourg S.A. 0.05% No change 1,566 $93K
Larson Financial Group LLC 0.00% Add +35.5% 1,553 $93K
Huntington National Bank 0.00% Add +10.9% 1,538 $92K
Harbour Investments, Inc. 0.00% Reduce -44.9% 1,528 $91K
Golden State Wealth Management, LLC 0.01% Reduce -20.0% 1,483 $88K
Alerus Financial NA 0.00% Add +8.4% 1,480 $88K
Pinnacle Bancorp, Inc. 0.02% No change 1,334 $80K
Rosenberg Matthew Hamilton 0.02% No change 1,301 $78K
Ameriflex Group, Inc. 0.03% Add +975.2% 1,258 $75K
St Germain D J Co. Inc. 0.00% Add +86.5% 1,238 $74K
Cromwell Holdings LLC 0.04% No change 1,125 $67K
Rexford Capital Inc. 0.05% Add +37.8% 1,094 $65K
CENTRAL TRUST Co 0.00% Reduce -36.2% 1,087 $65K
Armstrong Advisory Group, Inc. 0.00% No change 1,074 $64K
Trust Co. of Toledo NA 0.01% No change 1,050 $63K
JNBA Financial Advisors 0.01% No change 1,050 $63K
10Elms LLP 0.06% No change 1,042 $62K
Future Financial Wealth Managment LLC 0.04% No change 1,000 $60K
Grove Bank & Trust 0.01% No change 1,000 $60K
Wilmington Savings Fund Society, FSB 0.00% Reduce -38.6% 900 $54K
Addison Advisors LLC 0.01% Add +0.7% 890 $53K
Westside Investment Management, Inc. 0.01% Add +7.7% 816 $49K
Turim 21 Investimentos Ltda. 0.02% New 3,820 $48K
Anchor Investment Management, LLC 0.00% No change 772 $46K
Lanark Financial, Inc. 0.00% Add +44.0% 756 $45K
UMB Bank, n.a. 0.00% Reduce -56.4% 749 $45K
Hara Capital LLC 0.03% No change 745 $44K
Investors Research Corp 0.01% No change 712 $42K
Mather Group, Llc. 0.00% New 565 $34K
CIBC Private Wealth Group LLC 0.00% Reduce -32.9% 545 $32K
Private Trust Co. NA 0.00% Add +31.2% 538 $32K
GPS Wealth Strategies Group, LLC 0.00% No change 523 $31K
Delta Asset Management LLC 0.00% No change 500 $30K
Fairscale Capital, LLC 0.02% No change 490 $29K
Geneos Wealth Management Inc. 0.00% Reduce -84.8% 474 $28K
CoreCap Advisors, LLC 0.00% No change 465 $28K
JFS Wealth Advisors, LLC 0.00% Reduce -8.7% 464 $28K
Salomon & Ludwin, LLC 0.00% Add +494.7% 446 $27K
Legacy Wealth Managment, LLC 0.01% No change 413 $25K
SOA Wealth Advisors, LLC. 0.00% No change 406 $24K
Independence Bank of Kentucky 0.00% No change 400 $24K
Spire Wealth Management 0.00% Reduce -1.4% 358 $21K
First Horizon Corp. 0.00% — 351 $21K
Frazier Financial Advisors, LLC 0.01% No change 327 $19K
Ameritas Advisory Services, LLC 0.00% Reduce -78.5% 326 $19K
Abound Wealth Management 0.00% Add +6.6% 324 $19K
Johnson Financial Group, Inc. 0.00% New 322 $19K
Caitlin John, LLC 0.01% New 305 $18K
New England Capital Financial Advisors LLC 0.01% Reduce -21.1% 303 $18K
Prestige Wealth Management Group LLC 0.00% No change 302 $18K
Accredited Wealth Management, LLC 0.01% Add +1967.7% 8,064 $18K
Archer Investment Corp 0.00% No change 299 $18K
Parkside Financial Bank & Trust 0.00% Reduce -20.8% 278 $17K
Root Financial Partners, LLC 0.00% New 272 $16K
SRH Advisors, LLC 0.00% No change 259 $15K
WPG Advisers, LLC 0.01% Reduce -6.2% 257 $15K
Main Street Group, LTD 0.00% No change 256 $15K
Steigerwald, Gordon & Koch Inc. 0.00% New 255 $15K
Fifth Third Bancorp 0.00% Reduce -0.8% 246 $15K
Rossby Financial, LCC 0.00% Reduce -51.5% 234 $14K
HHM Wealth Advisors, LLC 0.00% No change 230 $14K
Highline Wealth Partners LLC 0.00% Reduce -2.5% 230 $14K
Tortoise Investment Management, LLC 0.00% No change 225 $13K
Country Trust Bank 0.00% No change 222 $13K
Ransom Advisory, Ltd 0.01% No change 200 $12K
Kelly Lawrence W & Associates Inc. 0.00% No change 200 $12K
Financial Consulate, Inc. 0.00% New 190 $11K
Robinswood Financial LLC 0.00% No change 178 $11K
Costello Asset Management, INC 0.00% Reduce -33.2% 171 $10K
Farmers & Merchants Investments Inc. 0.00% No change 168 $10K
Asset Dedication, LLC 0.00% Reduce -11.5% 162 $10K
Brown, Lisle/Cummings, Inc. 0.00% Reduce -80.2% 161 $10K
Cape Investment Advisory, Inc. 0.01% No change 158 $9K
Winch Advisory Services, LLC 0.00% No change 154 $9K
Bell Investment Advisors, Inc 0.00% Add +42.5% 151 $9K
Binnacle Investments Inc 0.01% Add +9.5% 150 $9K
NFSG Corp 0.00% No change 132 $8K
Baillie Gifford & Co. 0.00% Add +5.3% 119 $7K
AdvisorNet Financial, Inc 0.00% No change 119 $7K
GW&K Investment Management, LLC 0.00% No change 114 $7K
Sunbelt Securities, Inc. 0.00% Add +12.6% 116 $7K
Murphy & Mullick Capital Management Corp 0.01% No change 112 $7K
North Capital, Inc. 0.00% Add +1.0% 102 $6K
Carolina Wealth Advisors, LLC 0.00% No change 100 $6K
Kings Path Partners LLC 0.00% New 100 $6K
Burkett Financial Services, LLC 0.00% No change 100 $6K
MTM Investment Management, LLC 0.00% Add +31.6% 100 $6K
Ninety One UK Ltd 0.00% Add +16.5% 99 $6K
Zions Bancorporation, National Association 0.00% Add +22.5% 98 $6K
HighMark Wealth Management LLC 0.00% Add +68.5% 91 $5K
Clearstead Advisors, LLC 0.00% Reduce -38.4% 90 $5K
True Wealth Design, LLC 0.00% New 87 $5K
Physician Wealth Advisors, Inc. 0.00% Add +33.9% 87 $5K
Guerra Advisors Inc 0.00% New 77 $5K
Plante Moran Financial Advisors, LLC 0.00% No change 76 $5K
Rakuten Securities, Inc. 0.00% Add +252.4% 74 $4K
Maseco LLP 0.00% No change 72 $4K
Capital Advisors, Ltd. LLC 0.00% No change 69 $4K
Redmont Wealth Advisors LLC 0.01% No change 64 $4K
McIlrath & Eck, LLC 0.00% No change 63 $4K
IFS Advisors, LLC 0.00% No change 61 $4K
Westend Capital Management, LLC 0.00% New 61 $4K
Tidemark, LLC 0.00% New 60 $4K
Fortitude Family Office, LLC 0.00% No change 58 $3K
Westfuller Advisors, LLC 0.00% New 56 $3K
Principia Wealth Advisory, LLC 0.00% Add +175.0% 55 $3K
Clark Wealth Partners 0.00% No change 50 $3K
Wolff Wiese Magana LLC 0.00% Add +37.8% 51 $3K
Centerpoint Advisors, LLC 0.00% New 45 $3K
Mountain Hill Investment Partners Corp. 0.00% New 50 $3K
Measured Wealth Private Client Group, LLC 0.00% New 50 $3K
TD Capital Management LLC 0.00% No change 50 $3K
Cornerstone Planning Group LLC 0.00% Reduce -2.0% 48 $3K
Vermillion Wealth Management, Inc. 0.00% No change 47 $3K
Bruce G. Allen Investments, LLC 0.00% Reduce -32.3% 44 $3K
Salem Investment Counselors Inc. 0.00% No change 41 $2K
TD Private Client Wealth LLC 0.00% Reduce -2.6% 38 $2K
Hughes Financial Services, LLC 0.00% No change 35 $2K
Financial Network Wealth Advisors LLC 0.00% No change 37 $2K
Raffa Wealth Management, LLC 0.00% Add +200.0% 36 $2K
Federated Hermes, Inc. 0.00% Reduce -18.6% 35 $2K
HM Payson & Co. 0.00% New 34 $2K
Capital Analysts, LLC 0.00% Reduce -51.5% 33 $2K
CX Institutional 0.00% No change 30 $2K
Key Financial Inc 0.00% No change 32 $2K
Kozak & Associates, Inc. 0.00% New 29 $2K
Kilter Group LLC 0.00% No change 26 $2K
St. Johns Investment Management Company, LLC 0.00% No change 25 $1K
City State Bank 0.00% No change 25 $1K
Darwin Wealth Management, LLC 0.00% No change 23 $1K
Creative Financial Designs Inc. 0.00% No change 22 $1K
Montag A & Associates Inc. 0.00% New 17 $1K
1620 Investment Advisors, Inc. 0.00% No change 15 $894
Anfield Capital Management, LLC 0.00% New 15 $894
American Capital Advisory, LLC 0.00% New 13 $775
Bare Financial Services, Inc 0.00% Reduce -86.9% 13 $775
Wealth Watch Advisors, INC 0.00% New 11 $656
Transamerica Financial Advisors, LLC 0.00% New 11 $656
Private Wealth Asset Management, LLC 0.00% No change 11 $656
Palisade Asset Management, LLC 0.00% New 10 $597
Bogart Wealth, LLC 0.00% No change 10 $596
JPL Wealth Management, LLC 0.00% New 6 $359
Bear Mountain Capital, Inc. 0.00% New 5 $309
Pension & Wealth Management Advisors, Inc. 0.00% No change 5 $303
MJT & Associates Financial Advisory Group, Inc. 0.00% No change 5 $299
Pineridge Advisors LLC 0.00% No change 5 $298
Activest Wealth Management 0.00% No change 4 $238
Millstone Evans Group, LLC 0.00% No change 3 $179
Grey Fox Wealth Advisors, LLC 0.00% New 2 $119
Hemington Wealth Management 0.00% New 15 $0
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.