Anheuser-Busch Inbev-SPN ADRBUD
13F holders, Q4 2025 (December 31)534holders +51
87new positions
57sold out
11famous investors
$64.05avg. 13F price*
At the end of Q4 2025, 534 institutions reported holding Anheuser-Busch Inbev-SPN ADR (BUD) in their 13F filings, up 51 from Q3 2025. 87 opened new positions and 57 sold out. The largest holders were Dodge & Cox ($2.1B), Fisher Asset Management ($728.8M) and Morgan Stanley ($269.3M). 11 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 David E. Shaw (0.1% of D. E. Shaw & Co.'s portfolio).
- Company
- Anheuser-Busch Inbev-SPN ADR
- CUSIP
- 03524A108
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 87 | $325.9M |
| Exits | 57 | $50.1M |
All 13F filers, Q3 2025 → Q4 2025: 11,414,793 shares bought and 15,797,359 shares sold, net −4,382,566 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 534 holders
| Dodge & Cox | 1.14% | Reduce -9.4% | 33,113,431 | $2.1B |
| Fisher Asset Management | 0.25% | Add +3.4% | 11,380,404 | $728.8M |
| Morgan Stanley | 0.02% | Add +29.8% | 4,205,767 | $269.3M |
| Goldman Sachs Group Inc. | 0.04% | Add +1.1% | 4,013,053 | $257.0M |
| Bank of America Corp. | 0.02% | Reduce -13.9% | 3,246,746 | $207.9M |
| FMR LLC | 0.01% | Reduce -55.6% | 2,345,694 | $150.2M |
| GQG Partners LLC | 0.25% | New | 2,338,805 | $149.8M |
| DAVENPORT & Co LLC | 0.72% | Reduce -0.0% | 2,080,580 | $133.6M |
| D. E. Shaw & Co. | 0.11% | Add +75.7% | 2,037,289 | $130.5M |
| Gates Foundation Trust | 0.31% | No change | 1,703,000 | $109.1M |
| Capital International Investors | 0.02% | Reduce -0.8% | 1,586,175 | $102.5M |
| Hotchkis & Wiley Capital Management LLC | 0.29% | Reduce -0.7% | 1,501,890 | $96.2M |
| Raymond James Financial Inc. | 0.03% | Add +49.5% | 1,301,861 | $83.4M |
| Royal Bank of Canada | 0.01% | Reduce -16.6% | 1,278,932 | $81.9M |
| Citadel Advisors | 0.06% | Add +68.8% | 1,270,119 | $81.3M |
| Northern Trust Corp. | 0.01% | Add +13.0% | 1,149,824 | $73.6M |
| Holocene Advisors, LP | 0.14% | New | 1,039,934 | $66.6M |
| Seafarer Capital Partners, LLC | 17.20% | No change | 1,034,000 | $66.2M |
| Clarkston Capital Partners, LLC | 1.52% | Reduce -1.0% | 1,025,010 | $65.6M |
| Victory Capital Management Inc. | 0.04% | Add +19.1% | 986,538 | $63.2M |
| UBS Group AG | 0.01% | Add +4.3% | 912,505 | $58.4M |
| BlackRock, Inc. | 0.00% | Reduce -8.7% | 908,912 | $58.2M |
| JPMorgan Chase & Co. | 0.00% | Add +491.2% | 853,809 | $54.7M |
| Douglas Lane & Associates, LLC | 0.70% | Reduce -4.0% | 797,686 | $51.1M |
| Point72 Asset Management | 0.08% | New | 786,664 | $50.4M |
| Causeway Capital Management LLC | 0.62% | Add +15.0% | 701,343 | $44.9M |
| Alberta Investment Management Corp | 0.28% | Reduce -11.6% | 645,100 | $41.3M |
| First Trust Advisors LP | 0.03% | Reduce -12.4% | 572,316 | $36.7M |
| Balyasny Asset Management L.P. | 0.06% | Add +1086.9% | 505,421 | $32.4M |
| Renaissance Technologies | 0.05% | Reduce -55.7% | 492,274 | $31.5M |
| Penn Davis McFarland Inc. | 2.99% | Add +4.9% | 486,842 | $31.2M |
| Millennium Management | 0.02% | Add +917.7% | 481,664 | $30.8M |
| Wells Fargo & Company | 0.01% | Reduce -31.7% | 474,576 | $30.4M |
| Envestnet Asset Management Inc. | 0.01% | Reduce -9.7% | 446,906 | $28.6M |
| Cook & Bynum Capital Management, LLC | 21.62% | No change | 403,914 | $25.9M |
| First Manhattan Co. Llc. | 0.06% | Reduce -2.5% | 345,265 | $22.1M |
| Walleye Trading LLC | 0.34% | Add +13.2% | 327,818 | $21.0M |
| Invesco Ltd. | 0.00% | Add +4.1% | 303,535 | $19.4M |
| Capco Asset Management, LLC | 4.72% | Reduce -1.8% | 301,100 | $19.3M |
| Sei Investments Co. | 0.02% | Add +2.4% | 299,016 | $19.1M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.04% | New | 268,038 | $17.2M |
| Great Lakes Advisors, LLC | 0.14% | Reduce -6.9% | 259,967 | $16.6M |
| Everett Harris & Co. | 0.19% | Add +3.8% | 245,815 | $15.7M |
| Manufacturers Life Insurance Company, The | 0.01% | Reduce -93.9% | 243,443 | $15.6M |
| Susquehanna International Group, LLP | 0.02% | Add +38.8% | 233,277 | $14.9M |
| HRT Financial LP | 0.05% | Reduce -13.9% | 226,225 | $14.5M |
| Marshall Wace, LLP | 0.01% | Add +111.3% | 205,634 | $13.2M |
| Thompson Siegel & Walmsley LLC | 0.22% | Add +3.7% | 202,648 | $13.0M |
| Natixis Advisors, LLC | 0.02% | Add +31.2% | 193,469 | $12.4M |
| HBK Investments L P | 0.14% | Reduce 0.0% | 185,796 | $11.9M |
| LPL Financial LLC | 0.00% | Reduce -9.6% | 174,974 | $11.2M |
| Quantinno Capital Management LP | 0.02% | Add +50.5% | 166,618 | $10.7M |
| Pathstone Holdings, LLC | 0.04% | Add +21.5% | 157,329 | $10.1M |
| Deutsche Bank AG | 0.00% | New | 154,200 | $9.9M |
| Neuberger Berman Group LLC | 0.01% | Reduce -8.3% | 141,950 | $9.1M |
| Fairview Capital Investment Management, LLC | 0.46% | Reduce -23.5% | 140,927 | $9.0M |
| American Century Companies Inc. | 0.00% | Reduce -32.3% | 139,606 | $8.9M |
| US Bancorp \de | 0.01% | Add +0.4% | 138,653 | $8.9M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +16.6% | 137,861 | $8.8M |
| Creative Planning | 0.01% | Add +23.5% | 131,938 | $8.4M |
| Curi Capital, LLC | 0.13% | Add +44.1% | 116,440 | $7.5M |
| SALT Holding Corp. | 5.78% | Add +82.8% | 114,415 | $7.3M |
| Old Mission Capital LLC | 0.27% | New | 108,609 | $7.0M |
| Dimensional Fund Advisors LP | 0.00% | Add +5.7% | 107,558 | $6.9M |
| Callan Family Office, LLC | 0.15% | Add +23.7% | 107,337 | $6.9M |
| Fayez Sarofim & Co | 0.02% | Reduce -8.7% | 106,206 | $6.8M |
| Tudor Investment Corporation | 0.04% | Add +60.7% | 105,760 | $6.8M |
| Ally Financial Inc. | 0.82% | No change | 105,000 | $6.7M |
| Clearbridge Investments, LLC | 0.01% | Add +0.3% | 102,594 | $6.6M |
| Aquatic Capital Management LLC | 0.18% | Add +11.0% | 99,692 | $6.4M |
| Ethic Inc. | 0.09% | Add +6.7% | 91,361 | $5.9M |
| Ironwood Investment Counsel, LLC | 0.80% | Add +2.6% | 89,339 | $5.7M |
| Optiver Holding B.V. | 0.10% | Reduce -83.2% | 88,121 | $5.6M |
| Stifel Financial Corp. | 0.01% | Add +3.7% | 87,119 | $5.6M |
| Abc Arbitrage SA | 0.50% | Add +2.6% | 83,039 | $5.3M |
| Hillman Capital Management, Inc. | 3.33% | Reduce -8.9% | 82,631 | $5.3M |
| Mercer Global Advisors Inc. | 0.01% | Add +17.1% | 82,458 | $5.3M |
| Azimuth Capital Investment Management LLC | 0.17% | Add +3.7% | 73,030 | $4.7M |
| O'shaughnessy Asset Management, LLC | 0.02% | Reduce -3.6% | 66,161 | $4.2M |
| Heron Bay Capital Management | 0.80% | Add +0.6% | 65,355 | $4.2M |
| Assetmark, Inc. | 0.01% | Add +12.5% | 64,675 | $4.1M |
| Cerity Partners LLC | 0.01% | Add +13.4% | 62,932 | $4.0M |
| AQR Capital Management | 0.00% | Add +138.3% | 62,014 | $4.0M |
| Mariner, LLC | 0.00% | Add +43.5% | 59,894 | $3.8M |
| Tower Research Capital LLC (TRC) | 0.09% | Reduce -57.5% | 59,606 | $3.8M |
| Brooklyn Investment Group | 0.18% | Add +205.8% | 59,117 | $3.8M |
| Baird Financial Group, Inc. | 0.01% | Add +1.4% | 58,921 | $3.8M |
| Russell Investments Group, Ltd. | 0.00% | Add +472.4% | 58,661 | $3.8M |
| Bank of New York Mellon Corp | 0.00% | Reduce -2.2% | 58,445 | $3.7M |
| MML Investors Services, LLC | 0.01% | Add +5.1% | 57,492 | $3.7M |
| Commonwealth Equity Services, LLC | 0.00% | Reduce -14.2% | 53,907 | $3.5M |
| Oppenheimer Asset Management Inc. | 0.04% | Add +7.0% | 53,083 | $3.4M |
| QRG Capital Management, Inc. | 0.04% | Add +5.4% | 52,492 | $3.4M |
| SeaBridge Investment Advisors LLC | 0.55% | Reduce -4.5% | 52,109 | $3.3M |
| Cetera Investment Advisers | 0.00% | Reduce -5.1% | 51,527 | $3.3M |
| Jones Financial Companies LLLP | 0.00% | Add +3.6% | 51,372 | $3.3M |
| Northwestern Mutual Wealth Management Co. | 0.00% | Add +10.0% | 50,675 | $3.2M |
| Vestmark Advisory Solutions, Inc. | 0.04% | Add +181.5% | 50,368 | $3.2M |
| RBF Capital, LLC | 0.15% | No change | 50,000 | $3.2M |
| Bank of Montreal | 0.00% | Reduce -95.9% | 48,493 | $3.1M |
"% 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.