Anheuser-Busch Inbev-SPN ADRBUD

13F holders, Q1 2026 (March 31)
548holders +14
86new positions
66sold out
10famous investors
$69.31avg. 13F price*

At the end of Q1 2026, 548 institutions reported holding Anheuser-Busch Inbev-SPN ADR (BUD) in their 13F filings, up 14 from Q4 2025. 86 opened new positions and 66 sold out. The largest holders were Dodge & Cox ($2.1B), Fisher Asset Management ($826.6M) and Morgan Stanley ($268.3M). 10 famous investors held it, including Bill Gates / Michael Larson (0.4% of Gates Foundation Trust's portfolio), Ken Fisher (0.3% 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

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 Q4 2025 → Q1 2026

InstitutionsTotal Value
New Positions86$149.8M
Exits66$256.4M

All 13F filers, Q4 2025 → Q1 2026: 10,342,057 shares bought and 17,325,011 shares sold, net −6,982,954 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 548 holders

Dodge & Cox 1.13% Reduce -10.4% 29,683,736 $2.1B
Fisher Asset Management 0.28% Add +4.7% 11,915,690 $826.6M
Morgan Stanley 0.02% Reduce -8.1% 3,867,240 $268.3M
FMR LLC 0.01% Add +14.5% 2,686,063 $186.3M
D. E. Shaw & Co. 0.14% Add +13.6% 2,315,245 $160.6M
Bank of America Corp. 0.01% Reduce -34.3% 2,134,347 $148.1M
DAVENPORT & Co LLC 0.70% Reduce -12.2% 1,827,154 $126.1M
Goldman Sachs Group Inc. 0.02% Reduce -55.3% 1,794,612 $124.5M
Gates Foundation Trust 0.37% No change 1,703,000 $118.1M
Capital International Investors 0.02% Reduce -6.0% 1,490,530 $101.7M
Holocene Advisors, LP 0.23% Add +30.8% 1,360,523 $94.4M
Balyasny Asset Management L.P. 0.19% Add +159.8% 1,312,814 $91.1M
Citadel Advisors 0.06% Reduce -4.9% 1,208,118 $83.8M
Northern Trust Corp. 0.01% Reduce -6.8% 1,071,347 $74.3M
BlackRock, Inc. 0.00% Add +15.7% 1,051,935 $73.0M
Royal Bank of Canada 0.01% Reduce -18.0% 1,048,221 $72.7M
Seafarer Capital Partners, LLC 16.46% No change 1,034,000 $71.7M
UBS Group AG 0.01% Add +9.9% 1,003,250 $69.6M
Connor, Clark & Lunn Investment Management Ltd. 0.16% Add +267.8% 985,938 $68.4M
Bank of Montreal 0.03% Add +1914.5% 976,894 $67.8M
JPMorgan Chase & Co. 0.00% Reduce -0.7% 847,758 $57.8M
Renaissance Technologies 0.09% Add +64.7% 810,874 $56.3M
Raymond James Financial Inc. 0.02% Reduce -38.4% 802,152 $55.6M
Millennium Management 0.04% Add +59.8% 769,686 $53.4M
Douglas Lane & Associates, LLC 0.77% Reduce -3.6% 769,240 $53.4M
Susquehanna International Group, LLP 0.07% Add +221.3% 749,417 $52.0M
Alberta Investment Management Corp 0.31% No change 645,100 $44.8M
First Trust Advisors LP 0.03% Add +5.1% 601,440 $41.7M
Causeway Capital Management LLC 0.49% Reduce -17.3% 580,131 $40.2M
Deutsche Bank AG 0.01% Add +218.6% 491,345 $34.1M
Penn Davis McFarland Inc. 3.29% Reduce -0.3% 485,264 $33.7M
Wells Fargo & Company 0.01% Reduce -9.1% 431,591 $29.9M
Jane Street Group, LLC 0.03% New 417,739 $29.0M
Cook & Bynum Capital Management, LLC 22.56% No change 403,914 $28.0M
Voloridge Investment Management, LLC 0.11% New 392,897 $27.3M
Sei Investments Co. 0.02% Add +24.0% 370,795 $25.7M
Envestnet Asset Management Inc. 0.01% Reduce -18.8% 363,086 $25.2M
Invesco Ltd. 0.00% Add +10.5% 335,271 $23.3M
Old Mission Capital LLC 0.45% Add +150.9% 272,460 $18.9M
HRT Financial LP 0.05% Add +20.1% 271,614 $18.8M
BNP Paribas Financial Markets 0.01% Add +2037.5% 258,679 $17.9M
Capital Wealth Planning, LLC 0.10% New 255,033 $17.7M
Tudor Investment Corporation 0.09% Add +140.2% 254,015 $17.6M
Everett Harris & Co. 0.21% Reduce -3.0% 238,473 $16.5M
Quantinno Capital Management LP 0.02% Add +28.9% 214,841 $14.9M
Lancaster Investment Management 8.20% New 212,527 $14.7M
Natixis Advisors, LLC 0.02% Add +6.5% 206,119 $14.3M
Jones Financial Companies LLLP 0.01% Add +302.5% 206,756 $14.0M
Marshall Wace, LLP 0.01% Reduce -11.4% 182,101 $12.6M
Creative Planning 0.01% Add +34.5% 177,506 $12.3M
Thompson Siegel & Walmsley LLC 0.21% Reduce -14.2% 173,864 $12.1M
Neuberger Berman Group LLC 0.01% Add +22.5% 173,845 $12.1M
Manufacturers Life Insurance Company, The 0.01% Reduce -29.2% 172,353 $12.0M
American Century Companies Inc. 0.01% Add +23.3% 172,177 $11.9M
Charles Schwab Investment Management Inc. 0.00% Add +23.2% 169,906 $11.8M
LPL Financial LLC 0.00% Reduce -8.3% 160,485 $11.1M
SALT Holding Corp. 6.57% Add +34.8% 154,173 $10.7M
Capco Asset Management, LLC 2.76% Reduce -51.6% 145,742 $10.1M
US Bancorp \de 0.01% Add +1.0% 140,034 $9.7M
TD Waterhouse Canada Inc. 0.03% Add +32784.7% 135,156 $9.5M
Walleye Trading LLC 0.19% Reduce -59.0% 134,447 $9.3M
Pathstone Holdings, LLC 0.04% Reduce -15.5% 132,899 $9.2M
Azimuth Capital Investment Management LLC 0.33% Add +75.1% 127,902 $8.9M
Fairview Capital Investment Management, LLC 0.48% Reduce -9.3% 127,842 $8.9M
Barclays PLC 0.00% Add +1799.1% 123,786 $8.6M
Dimensional Fund Advisors LP 0.00% Add +12.9% 121,435 $8.4M
Great Lakes Advisors, LLC 0.07% Reduce -53.6% 120,557 $8.4M
Citigroup Inc. 0.01% Add +381.4% 120,335 $8.3M
Engineers Gate Manager LP 0.09% Add +450.7% 108,612 $7.5M
Curi Capital, LLC 0.13% Reduce -7.6% 107,592 $7.5M
XTX Topco Ltd 0.13% Add +265.0% 107,266 $7.4M
Fayez Sarofim & Co 0.02% Reduce -0.2% 106,006 $7.4M
Callan Family Office, LLC 0.17% Reduce -2.0% 105,167 $7.3M
Ally Financial Inc. 0.91% No change 105,000 $7.3M
Clearbridge Investments, LLC 0.01% Reduce -0.9% 101,675 $7.1M
Tower Research Capital LLC (TRC) 0.18% Add +69.5% 101,049 $7.0M
Optiver Holding B.V. 0.26% Add +12.3% 98,970 $6.9M
Ironwood Investment Counsel, LLC 0.93% Add +3.7% 92,618 $6.4M
Brooklyn Investment Group 0.20% Add +53.0% 90,480 $6.3M
AQR Capital Management 0.00% Add +43.5% 89,005 $6.2M
QRG Capital Management, Inc. 0.06% Add +67.8% 88,081 $6.1M
Commonwealth Equity Services, LLC 0.01% Add +62.2% 87,422 $6.1M
Ethic Inc. 0.09% Reduce -10.4% 81,839 $5.7M
Clarkston Capital Partners, LLC 0.43% Reduce -92.2% 80,465 $5.6M
Qube Research & Technologies Ltd 0.01% Add +134.2% 77,471 $5.4M
Stifel Financial Corp. 0.00% Reduce -13.0% 75,775 $5.3M
O'shaughnessy Asset Management, LLC 0.03% Add +14.5% 75,774 $5.3M
LMR Partners LLP 0.06% New 75,000 $5.2M
Capstone Investment Advisors, LLC 0.06% New 74,000 $5.1M
Verition Fund Management LLC 0.05% Add +95.4% 70,228 $4.9M
Abc Arbitrage SA 0.63% Reduce -17.3% 68,716 $4.8M
Mariner, LLC 0.01% Add +13.2% 67,807 $4.7M
Bank of New York Mellon Corp 0.00% Add +15.9% 67,750 $4.7M
Aquatic Capital Management LLC 0.13% Reduce -33.2% 66,626 $4.6M
National Bank of Canada 0.00% Add +1589.2% 63,007 $4.4M
Mercer Global Advisors Inc. 0.01% Reduce -25.4% 61,537 $4.3M
Hantz Financial Services, Inc. 0.07% Add +33.3% 61,495 $4.3M
Cerity Partners LLC 0.01% Reduce -3.5% 60,746 $4.2M
Arq Wealth Advisors, LLC 0.75% Add +691.3% 60,299 $4.2M
Capital Fund Management S.A. 0.04% New 60,246 $4.2M
Baird Financial Group, Inc. 0.01% Add +1.1% 59,544 $4.1M
Osaic Holdings, Inc. 0.01% Add +40.4% 55,451 $3.8M
Greenwood Capital Associates LLC 0.40% New 52,410 $3.6M
Assetmark, Inc. 0.01% Reduce -19.9% 51,804 $3.6M
Ameriprise Financial Inc. 0.00% Add +10.1% 51,573 $3.6M
Maverick Capital 0.04% Add +42.1% 51,020 $3.5M
RBF Capital, LLC 0.17% No change 50,000 $3.5M
Cambridge Investment Research Advisors, Inc. 0.01% Add +10.9% 48,883 $3.4M
&partners 0.02% Reduce -0.6% 46,688 $3.2M
Quantbot Technologies LP 0.13% Add +1731.5% 45,622 $3.2M
Ruffer LLP 0.13% No change 45,000 $3.1M
IMC-Chicago, LLC 0.05% New 44,774 $3.1M
Focus Partners Wealth 0.00% Add +4.2% 43,781 $3.0M
Vestmark Advisory Solutions, Inc. 0.03% Reduce -12.9% 43,850 $3.0M
Squarepoint Ops LLC 0.01% New 43,434 $3.0M
Oppenheimer Asset Management Inc. 0.03% Reduce -18.4% 43,299 $3.0M
Schwerin Boyle Capital Management Inc. 0.38% Reduce -1.1% 43,252 $3.0M
Schonfeld Strategic Advisors LLC 0.02% New 42,888 $3.0M
Janney Montgomery Scott LLC 0.01% Add +88.5% 42,731 $3.0M
Cetera Investment Advisers 0.00% Reduce -20.7% 40,854 $2.8M
HighTower Advisors, LLC 0.00% Add +2.1% 40,556 $2.8M
Private Advisor Group, LLC 0.01% Add +13.4% 40,060 $2.8M
Buttonwood Financial Advisors Inc. 0.91% Reduce -16.7% 39,055 $2.7M
Northwestern Mutual Wealth Management Co. 0.00% Reduce -25.0% 38,002 $2.6M
Vanguard Personalized Indexing Management, LLC 0.02% Reduce -12.7% 36,362 $2.5M
Orion Porfolio Solutions, LLC 0.02% Reduce -8.3% 36,350 $2.5M
Scotia Capital Inc. 0.01% Add +1.9% 36,231 $2.5M
MML Investors Services, LLC 0.01% Reduce -39.2% 34,946 $2.4M
Headlands Technologies LLC 0.28% Add +882.6% 34,891 $2.4M
Vise Technologies, Inc. 0.05% No change 37,705 $2.4M
Sequoia Financial Advisors, LLC 0.01% Add +3.7% 34,102 $2.4M
Horizon Investments, LLC 0.03% Add +116.3% 34,602 $2.4M
Simplex Trading, LLC 0.07% New 33,295 $2.3M
Choreo, LLC 0.03% Reduce -5.1% 32,289 $2.2M
JCIC Asset Management Inc. 0.66% New 31,095 $2.2M
Captrust Financial Advisors 0.00% Add +277.1% 31,031 $2.2M
Quadrant Capital Group LLC 0.06% Add +66.0% 30,602 $2.1M
Wellington Management Group LLP 0.00% New 30,199 $2.1M
Wealth Enhancement Advisory Services, LLC 0.00% Reduce -40.2% 27,751 $2.0M
Koss-Olinger Consulting, LLC 0.17% Reduce -1.7% 28,384 $2.0M
Sanctuary Advisors, LLC 0.01% Add +11.2% 27,378 $1.9M
Cibc World Market Inc. 0.00% Add +588.8% 26,758 $1.9M
Great Lakes Retirement, Inc. 0.19% New 25,996 $1.8M
ASO GROUP Ltd 0.74% No change 25,349 $1.8M
Beck Bode, LLC 0.30% New 25,313 $1.8M
ExodusPoint Capital Management, LP 0.02% Reduce -25.7% 25,089 $1.7M
Franklin Resources Inc. 0.00% Add +1.3% 24,390 $1.7M
Highland Capital Management, LLC 0.09% Reduce -0.2% 23,375 $1.6M
Dynasty Wealth Management, LLC 0.01% Reduce -8.0% 23,147 $1.6M
Capricorn Fund Managers Ltd 0.25% New 23,000 $1.6M
Rhumbline Advisers 0.00% Add +4.5% 22,809 $1.6M
Ieq Capital, LLC 0.01% Add +12.7% 22,323 $1.5M
Evergreen Capital Management LLC 0.03% Add +58.8% 22,026 $1.5M
PNC Financial Services Group, Inc. 0.00% Reduce -2.9% 21,884 $1.5M
Thrivent Financial for Lutherans 0.00% New 21,780 $1.5M
Arkadios Wealth Advisors 0.03% Add +0.4% 21,745 $1.5M
Outfitters Financial LLC 1.16% No change 21,655 $1.5M
S.E.E.D. Planning Group LLC 0.43% Add +549.1% 21,354 $1.5M
Two Sigma Investments, LP 0.00% Reduce -52.0% 21,194 $1.5M
Founders Financial Securities LLC 0.08% Add +6.9% 19,472 $1.5M
Merit Financial Group, LLC 0.01% Add +0.9% 20,695 $1.4M
Park Avenue Securities LLC 0.01% Reduce -17.9% 20,555 $1.4M
Signaturefd, LLC 0.02% Add +5.5% 20,503 $1.4M
Beacon Pointe Advisors, LLC 0.01% Add +183.8% 20,482 $1.4M
Bleakley Financial Group, LLC 0.02% Reduce -22.0% 20,063 $1.4M
Banco BTG Pactual S.A. 0.27% New 20,000 $1.4M
NewEdge Wealth, LLC 0.02% Reduce -14.7% 19,755 $1.4M
Crossmark Global Holdings, Inc. 0.02% Add +16.6% 19,695 $1.4M
Yousif Capital Management, LLC 0.02% No change 19,511 $1.4M
Flow Traders U.S. LLC 0.04% Add +2.9% 19,354 $1.3M
Laird Norton Wetherby Trust Company, LLC 0.03% Add +7.7% 18,905 $1.3M
Bank Ozk 0.46% New 18,723 $1.3M
GFS Advisors, LLC 0.08% Add +99.5% 39,563 $1.3M
Truist Financial Corp. 0.00% Add +2.9% 18,076 $1.3M
First Manhattan Co. Llc. 0.00% Reduce -94.8% 17,901 $1.2M
Naviter Wealth, LLC 0.15% Add +7.2% 17,638 $1.2M
Russell Investments Group, Ltd. 0.00% Reduce -70.1% 17,554 $1.2M
Compound Planning, Inc. 0.04% Add +8.3% 17,136 $1.2M
Kestra Advisory Services, LLC 0.00% Add +6.2% 16,935 $1.2M
GC Wealth Management RIA, LLC 0.05% Add +26.6% 16,629 $1.2M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Add +568.7% 16,610 $1.2M
Citadel Investment Advisory, Inc. 0.54% Reduce -3.4% 16,383 $1.1M
Corient Private Wealth LP 0.00% Reduce -2.8% 16,652 $1.1M
GeoWealth Management, LLC 0.04% Add +20.3% 16,071 $1.1M
United Capital Financial Advisors, LLC 0.01% Add +5.8% 15,658 $1.1M
Lebenthal Global Advisors, LLC 0.15% New 14,899 $1.0M
Allspring Global Investments Holdings, LLC 0.00% Add +23.7% 14,071 $996K
Hilltop National Bank 0.24% New 14,280 $991K
Caprock Group, LLC 0.02% Reduce -2.8% 13,868 $962K
Cullen/Frost Bankers, Inc. 0.01% Reduce -7.2% 13,557 $940K
BNP Paribas 0.03% Reduce -56.5% 13,050 $905K
D.A. Davidson & Co. 0.01% Reduce -6.2% 13,012 $903K
Atlantic Union Bankshares Corp 0.02% Reduce -20.3% 12,872 $893K
Walleye Capital LLC 0.01% Add +346.4% 12,855 $892K
Caldwell Trust Co 0.08% New 12,811 $889K
Round Hill Asset Management 0.57% Reduce -38.0% 12,625 $876K
Havemeyer Place LP 0.10% New 12,202 $846K
Aaron Wealth Advisors LLC 0.05% Add +27.3% 12,153 $843K
Prospera Financial Services Inc 0.01% New 11,965 $830K
Bristlecone Value Partners, LLC 0.72% Reduce -4.1% 11,859 $823K
Miller Global Investments, LLC 0.75% Reduce -1.0% 11,843 $822K
Ballentine Partners, LLC 0.01% Add +52.0% 11,772 $817K
GAMCO Investors 0.01% Reduce -2.5% 11,700 $812K
Atria Investments, Inc 0.01% Reduce -16.6% 11,575 $803K
Profund Advisors LLC 0.03% Reduce -13.5% 11,557 $802K
Integrated Investment Consultants, LLC 0.17% Reduce -42.6% 11,443 $794K
Ritholtz Wealth Management 0.01% Add +227.1% 11,366 $788K
MQS Management LLC 0.52% Add +106.6% 11,133 $772K
Templeton & Phillips Capital Management, LLC 0.63% New 11,070 $768K
1832 Asset Management L.P. 0.00% Reduce -17.2% 10,948 $759K
Persium Advisors, LLC 0.59% Add +1.4% 10,890 $755K
Venturi Wealth Management, LLC 0.03% Reduce -2.7% 10,875 $754K
Ingalls & Snyder LLC 0.03% Add +10.9% 10,859 $753K
Rockefeller Capital Management L.P. 0.00% Add +51.0% 10,391 $721K
Vident Advisory, LLC 0.01% Add +27.4% 10,105 $701K
Ellevest, Inc. 0.10% Add +9.2% 10,060 $698K
Chesapeake Capital Corp. 0.50% Add +125.7% 9,971 $692K
Tidal Investments LLC 0.00% Add +125.7% 9,971 $692K
Manske Wealth Management 0.19% Reduce -1.5% 9,913 $688K
Kestra Private Wealth Services, LLC 0.01% Reduce -4.3% 9,843 $683K
Cwm, LLC 0.00% Add +10.4% 9,808 $680K
Kayne Anderson Rudnick Investment Management LLC 0.00% Add +9.7% 9,727 $675K
Frank, Rimerman Advisors LLC 0.04% Add +3.5% 9,587 $665K
Qtron Investments LLC 0.09% New 9,534 $661K
Steward Partners Investment Advisory, LLC 0.00% Add +21.0% 9,534 $661K
Central Pacific Bank - Trust Division 0.09% Reduce -11.6% 9,500 $659K
Versant Capital Management, Inc 0.06% Add +16.1% 9,472 $657K
Graham Capital Management, L.P. 0.03% New 9,393 $652K
Balanced Rock Investment Advisors LLC 0.44% Reduce -0.6% 9,126 $633K
Farringdon Capital, Ltd. 0.14% Add +53.3% 9,110 $632K
Abel Hall, LLC 0.13% New 8,848 $614K
Keybank National Association 0.00% Add +83.3% 8,778 $609K
Capital Group Private Client Services, Inc. 0.01% Reduce -54.1% 8,772 $609K
Pinnacle Financial Partners, Inc. 0.00% Add +12.3% 8,678 $602K
MAI Capital Management 0.00% Add +6.8% 8,613 $597K
Pure Financial Advisors, LLC 0.01% Add +11.6% 8,593 $596K
Entropy Technologies, LP 0.03% New 8,555 $593K
Summit Trail Advisors, LLC 0.01% New 8,539 $592K
Michels Family Financial, LLC 0.43% Reduce -3.4% 8,538 $592K
Gallacher Capital Management LLC 0.22% Reduce -7.3% 8,452 $586K
Concurrent Investment Advisors, LLC 0.01% Reduce -24.8% 8,292 $575K
Smartleaf Asset Management LLC 0.02% Add +2.9% 8,185 $558K
Sterling Capital Management LLC 0.01% Reduce -26.6% 8,042 $558K
TBH Global Asset Management, LLC 0.11% Reduce -0.1% 8,039 $558K
Lighthouse Investment Partners, LLC 0.02% New 8,027 $557K
DRW Securities, LLC 0.03% Add +47.9% 7,431 $515K
AE Wealth Management LLC 0.00% Add +13.2% 7,356 $510K
Guggenheim Capital LLC 0.00% Reduce -14.9% 7,344 $509K
Jain Global LLC 0.01% New 7,307 $507K
Two Sigma Securities, LLC 0.06% Add +70.3% 7,051 $489K
NewEdge Advisors, LLC 0.00% Reduce -15.4% 6,900 $479K
Eagle Rock Investment Company, LLC 0.07% Add +15.1% 6,875 $477K
GQG Partners LLC 0.00% Reduce -99.7% 6,792 $471K
M&T Bank Corp 0.00% Add +14.5% 6,767 $469K
Kennondale Capital Management LLC 0.33% No change 6,643 $461K
Parallel Advisors, LLC 0.01% Add +12.0% 6,626 $460K
Independent Advisor Alliance 0.00% Add +45.7% 6,618 $459K
Old North State Wealth Management, LLC 0.21% No change 6,562 $456K
HB Wealth Management, LLC 0.00% Add +21.8% 6,423 $446K
OneDigital Investment Advisors LLC 0.00% Reduce -21.6% 6,386 $443K
Traub Capital Management LLC 0.43% Reduce -15.3% 6,239 $433K
Five Oceans Advisors 0.15% Add +80.9% 6,022 $418K
Coldstream Capital Management Inc. 0.01% Reduce -8.6% 5,961 $414K
Savant Capital, LLC 0.00% Add +21.7% 5,858 $406K
Glenview Trust Co 0.01% Reduce -0.8% 5,817 $404K
Federation des caisses Desjardins du Quebec 0.00% Add +0.6% 5,678 $394K
Excalibur Management Corp. 0.14% Add +0.4% 5,674 $394K
Sagespring Wealth Partners, LLC 0.01% Add +2.0% 5,648 $392K
R Squared Ltd 0.21% New 5,642 $391K
Bessemer Group Inc. 0.00% Add +145.2% 5,616 $389K
Cordatus Wealth Management LLC 0.09% New 5,573 $387K
Eldridge Investment Advisors, Inc. 0.08% No change 5,500 $382K
Boston Partners 0.00% No change 5,500 $382K
Avidian Wealth Enterprises, LLC 0.01% Reduce -1.7% 5,499 $381K
Apollon Wealth Management, LLC 0.01% Add +25.4% 5,490 $381K
Advisory Services Network, LLC 0.01% Reduce -0.7% 5,439 $377K
Brucke Financial, Inc. 0.19% Reduce -12.8% 5,437 $377K
WINTON GROUP Ltd 0.01% New 5,400 $375K
Ascent Group, LLC 0.01% Add +2.3% 5,347 $371K
Glenmede Trust Co. NA 0.00% Reduce -72.8% 5,333 $370K
Commerce Bank 0.00% Add +1.6% 5,257 $365K
CHICAGO TRUST Co NA 0.06% Reduce -13.4% 5,156 $358K
Keystone Financial Group 0.02% No change 4,908 $355K
May Hill Capital, LLC 0.09% Add +31.4% 5,099 $354K
Syon Capital LLC 0.02% Add +1.7% 5,082 $353K
626 Financial, LLC 0.16% Reduce -5.3% 5,022 $348K
American Assets Inc. 0.12% No change 5,000 $347K
Frec Markets, Inc. 0.06% Add +26.3% 4,889 $339K
Strategic Global Advisors, LLC 0.05% Reduce -36.8% 4,862 $337K
Integrity Advisory Solutions, LLC 0.04% Add +1.2% 4,856 $337K
Cetera Trust Company, N.A 0.19% No change 4,850 $336K
PDS Planning, Inc 0.02% Reduce -0.3% 4,756 $330K
PFG Private Wealth Management, LLC 0.14% New 4,677 $324K
Farther Finance Advisors, LLC 0.00% Add +32.0% 4,505 $319K
Hexagon Capital Partners LLC 0.05% New 4,581 $318K
Pinnacle Wealth Planning Services, Inc. 0.03% Reduce -15.5% 4,514 $313K
CoreFirst Bank & Trust 0.17% No change 4,485 $311K
EverSource Wealth Advisors, LLC 0.01% Add +51.0% 4,462 $310K
Kingsview Wealth Management, LLC 0.00% New 4,449 $309K
Evolve Private Wealth, LLC 0.02% Add +11.1% 4,421 $307K
First Affirmative Financial Network 0.12% — 4,412 $306K
Narwhal Capital Management 0.02% New 4,406 $306K
Trek Financial, LLC 0.02% Add +27.3% 4,364 $303K
Moors & Cabot, Inc. 0.01% Reduce -6.1% 4,249 $295K
DGS Capital Management, LLC 0.05% Add +35.5% 4,247 $295K
Aigen Investment Management, LP 0.08% New 4,234 $294K
New York State Common Retirement Fund 0.00% Add +138.4% 4,157 $288K
Resonant Capital Advisors, LLC 0.01% New 4,121 $286K
Envestnet Portfolio Solutions, Inc. 0.00% Reduce -10.0% 4,075 $283K
Kathmere Capital Management, LLC 0.02% Add +20.2% 4,030 $280K
Greenleaf Trust 0.00% Add +1.0% 4,024 $279K
Centiva Capital, LP 0.01% Reduce -64.0% 4,018 $279K
FSM Wealth Advisors, LLC 0.04% Add +3.2% 4,010 $278K
Drive Wealth Management, LLC 0.06% Add +4.3% 3,920 $272K
Dorsey & Whitney Trust CO LLC 0.01% Reduce -1.4% 3,918 $272K
Annis Gardner Whiting Capital Advisors, LLC 0.04% Reduce -53.1% 3,822 $265K
Sandro Wealth Management LLC 0.21% Reduce -3.7% 3,797 $263K
Checchi Capital Advisers, LLC 0.02% Reduce -0.4% 3,794 $263K
Brown Brothers Harriman & Co. 0.00% Reduce -13.1% 3,763 $261K
Lido Advisors, LLC 0.00% New 3,723 $258K
Moneta Group Investment Advisors LLC 0.00% Reduce -22.0% 3,709 $257K
Benjamin Edwards Inc. 0.00% Add +13.5% 3,707 $257K
Am Investment Strategies LLC 0.06% Reduce -32.9% 3,634 $252K
Fox Run Management, L.L.C. 0.04% New 3,690 $252K
Valeo Financial Advisors, LLC 0.01% Reduce -28.5% 3,622 $251K
Pettyjohn, Wood & White, Inc. 0.04% No change 3,615 $251K
Mitchell McLeod Pugh & Williams Inc. 0.04% No change 3,615 $251K
Waverly Advisors, LLC 0.00% New 3,590 $249K
Drucker Wealth 3.0, LLC 0.04% Add +11.7% 3,522 $244K
SmartHarvest Portfolios, LLC 0.10% New 3,488 $242K
Brighton Jones LLC 0.01% New 3,477 $241K
Alhambra Investment Management LLC 0.11% New 3,472 $241K
Oppenheimer & Co. Inc. 0.00% Reduce -1.0% 3,447 $239K
GAMMA Investing LLC 0.01% Add +35.6% 3,440 $239K
Mutual Advisors, LLC 0.01% Reduce -3.8% 3,438 $238K
Aprio Wealth Management, LLC 0.01% New 3,416 $237K
Arax Advisory Partners 0.01% Add +3.7% 6,313 $237K
Sage Rhino Capital LLC 0.04% Add +6.5% 3,370 $234K
Bridgewater Advisors Inc. 0.01% New 2,903 $233K
Northside Capital Management, LLC 0.02% No change 3,350 $232K
Pekin Hardy Strauss, Inc. 0.02% Reduce -73.1% 3,349 $232K
Quintet Private Bank (Europe) S.A. 0.02% No change 3,290 $228K
Voleon Capital Management LP 0.00% New 3,276 $227K
Florida Trust Wealth Management Co 0.01% New 3,270 $227K
Titleist Asset Management, LLC 0.02% New 3,226 $224K
Trust Point Inc. 0.02% New 3,206 $222K
Independent Financial Group, LLC 0.01% Reduce -5.7% 3,190 $221K
Sivia Capital Partners, LLC 0.04% Reduce -1.1% 3,163 $219K
17 Capital Partners, LLC 0.11% New 3,150 $219K
Prime Capital Investment Advisors, LLC 0.00% New 3,127 $217K
Principle Wealth Partners LLC 0.01% Reduce -0.8% 3,115 $216K
Harbour Investments, Inc. 0.00% Add +118.6% 3,109 $216K
Quent Capital, LLC 0.02% Reduce -33.9% 3,103 $215K
Avior Wealth Management, LLC 0.01% New 3,073 $213K
Hazlett, Burt & Watson, Inc. 0.07% Reduce -15.8% 3,072 $212K
Elevation Point Wealth Partners, LLC 0.01% New 3,033 $210K
Gratus Wealth Advisors, LLC 0.03% New 3,018 $209K
Rehmann Capital Advisory Group 0.01% Reduce -9.6% 2,951 $205K
Jump Financial, LLC 0.00% New 2,929 $203K
Optas, LLC 0.03% New 2,919 $202K
Mgo One Seven LLC 0.00% Reduce -27.8% 2,917 $202K
one8zero8, LLC 0.04% New 2,900 $201K
Purpose Unlimited Inc. 0.01% Add +14.2% 2,894 $201K
Regal Investment Advisors LLC 0.01% New 2,892 $201K
EFG International AG 0.00% New 2,745 $190K
Allworth Financial LP 0.00% Reduce -1.3% 2,470 $171K
Toronto Dominion Bank 0.00% Reduce -62.3% 2,335 $162K
Rothschild Investment LLC 0.01% Add +1.4% 2,178 $151K
Larson Financial Group LLC 0.00% Reduce -19.8% 2,059 $143K
Pittenger & Anderson Inc. 0.01% No change 2,050 $142K
Blue Trust, Inc. 0.00% Add +5.5% 1,886 $131K
IFP Advisors, Inc 0.00% Add +16.6% 1,790 $124K
Richardson Financial Services Inc. 0.07% Reduce -0.2% 1,689 $117K
Rosenberg Matthew Hamilton 0.02% No change 1,669 $116K
Ascentis Wealth Management, LLC 0.02% No change 1,655 $115K
Pflug Koory, LLC 0.05% No change 1,619 $112K
Basecamp Wealth Advisors LLC 0.02% No change 1,532 $106K
Huntington National Bank 0.00% Add +38.6% 1,502 $104K
Alphadyne Asset Management LP 0.01% New 1,501 $104K
Golden State Wealth Management, LLC 0.01% No change 1,458 $101K
Banque Transatlantique SA 0.00% New 1,445 $100K
Arkos Global Advisors 0.01% New 1,252 $87K
Pinnacle Bancorp, Inc. 0.03% No change 1,250 $87K
St Germain D J Co. Inc. 0.00% No change 1,238 $86K
Cromwell Holdings LLC 0.05% No change 1,203 $83K
Rexford Capital Inc. 0.05% Reduce -0.5% 1,079 $75K
Trust Co. of Toledo NA 0.01% No change 1,050 $73K
Banque de Luxembourg S.A. 0.04% Reduce -33.4% 1,043 $72K
Alerus Financial NA 0.00% Reduce -2.9% 1,043 $72K
10Elms LLP 0.05% No change 1,042 $72K
CENTRAL TRUST Co 0.00% Reduce -0.6% 1,036 $72K
Fifth Third Bancorp 0.00% Add +19.0% 1,029 $71K
Salomon & Ludwin, LLC 0.01% Add +110.2% 990 $71K
Grove Bank & Trust 0.01% Add +1.6% 1,016 $70K
JNBA Financial Advisors 0.01% No change 950 $66K
Addison Advisors LLC 0.01% Reduce -0.2% 888 $62K
Westside Investment Management, Inc. 0.01% No change 817 $58K
Owl Creek Wealth Partners LLC 0.02% — 820 $57K
UMB Bank, n.a. 0.00% Reduce -0.1% 800 $55K
Hara Capital LLC 0.03% No change 745 $52K
Lanark Financial, Inc. 0.00% Reduce -18.0% 669 $46K
Twin Peaks Wealth Advisors, LLC 0.01% New 663 $46K
Mather Group, Llc. 0.00% New 663 $46K
Private Trust Co. NA 0.00% Add +28.1% 574 $40K
Spire Wealth Management 0.00% Add +41.2% 514 $36K
Wealth Enhancement Trust Services, Inc. 0.00% Add +84.6% 504 $35K
First Horizon Corp. 0.00% Add +84.6% 502 $35K
Delta Asset Management LLC 0.00% No change 500 $35K
Geneos Wealth Management Inc. 0.00% No change 474 $33K
Destiny Wealth Partners, LLC 0.00% New 473 $33K
GHP Investment Advisors, Inc. 0.00% New 466 $32K
Abound Wealth Management 0.01% Add +27.8% 464 $32K
Legacy Wealth Managment, LLC 0.02% No change 456 $32K
CoreCap Advisors, LLC 0.00% No change 448 $31K
Meramec Financial Planners, LLC 0.01% No change 389 $29K
Parkside Financial Bank & Trust 0.00% Reduce -16.7% 415 $29K
SOA Wealth Advisors, LLC. 0.01% No change 406 $28K
Birchwood Financial Partners, Inc. 0.03% No change 403 $28K
Independence Bank of Kentucky 0.00% Reduce -6.8% 400 $28K
Leonteq Securities AG 0.00% Reduce -49.2% 377 $26K
Anfield Capital Management, LLC 0.01% Add +2266.7% 355 $25K
Anchor Investment Management, LLC 0.00% Reduce -54.7% 350 $24K
Rossby Financial, LCC 0.00% Add +44.3% 326 $23K
Whipplewood Advisors, LLC 0.01% Add +822.2% 332 $23K
Bell Investment Advisors, Inc 0.00% No change 331 $23K
Kilter Group LLC 0.01% Add +278.3% 314 $22K
Atlas Capital Advisors Inc. 0.00% No change 309 $21K
Ares Financial Consulting, LLC 0.02% Add +2636.4% 301 $21K
Caitlin John, LLC 0.01% No change 305 $21K
True Wealth Design, LLC 0.01% Add +57.5% 304 $21K
New England Capital Financial Advisors LLC 0.01% No change 303 $21K
Prestige Wealth Management Group LLC 0.00% Reduce -0.7% 300 $21K
Archer Investment Corp 0.00% No change 299 $21K
Armstrong Advisory Group, Inc. 0.00% Reduce -73.2% 288 $20K
TD Private Client Wealth LLC 0.00% Add +497.8% 275 $19K
SRH Advisors, LLC 0.01% No change 259 $18K
Main Street Group, LTD 0.01% New 256 $18K
Steigerwald, Gordon & Koch Inc. 0.00% No change 255 $18K
Financial Consulate, Inc. 0.00% Add +33.9% 233 $16K
HHM Wealth Advisors, LLC 0.00% No change 230 $16K
Elequin Capital, LP 0.00% New 222 $15K
Country Trust Bank 0.00% No change 222 $15K
Frazier Financial Advisors, LLC 0.01% Reduce -33.9% 216 $15K
JFS Wealth Advisors, LLC 0.00% Reduce -53.9% 214 $15K
Ameriflex Group, Inc. 0.01% Reduce -51.1% 212 $15K
Highline Wealth Partners LLC 0.00% Add +23.4% 206 $14K
Hilton Head Capital Partners, LLC 0.01% Reduce -36.7% 205 $14K
Kelly Lawrence W & Associates Inc. 0.00% No change 200 $14K
Atwood & Palmer Inc. 0.00% Reduce -93.3% 200 $14K
Wilmington Savings Fund Society, FSB 0.00% Reduce -77.8% 200 $14K
Stone House Investment Management, LLC 0.00% No change 180 $12K
Robinswood Financial LLC 0.00% No change 178 $12K
Farmers & Merchants Investments Inc. 0.00% No change 168 $12K
Asset Dedication, LLC 0.00% No change 162 $11K
Creative Financial Designs Inc. 0.00% Add +88.4% 162 $11K
Brown, Lisle/Cummings, Inc. 0.00% No change 161 $11K
J.Safra Asset Management Corp 0.00% No change 157 $11K
Gunpowder Capital Management, LLC dba Oliver Wealth Management 0.01% No change 149 $10K
Innovative Asset Advisors Group, LLC 0.01% — 149 $10K
SHP Wealth Management 0.00% Add +76.3% 134 $9K
WPG Advisers, LLC 0.01% Reduce -10.7% 133 $9K
NFSG Corp 0.00% No change 132 $9K
GW&K Investment Management, LLC 0.00% Add +17.5% 134 $9K
Ancora Advisors LLC 0.00% Add +157.1% 126 $9K
MCF Advisors LLC 0.00% No change 125 $9K
Manning & Napier Advisors LLC 0.00% Add +98.4% 127 $9K
Triumph Capital Management 0.00% Add +8.8% 124 $9K
Physician Wealth Advisors, Inc. 0.00% Add +11.7% 124 $9K
Root Financial Partners, LLC 0.00% Reduce -50.4% 118 $8K
Signature Equity Partners, LLC 0.00% Add +91.8% 117 $8K
Sunbelt Securities, Inc. 0.00% No change 116 $8K
Costello Asset Management, INC 0.00% Reduce -32.2% 116 $8K
Thurston, Springer, Miller, Herd & Titak, Inc. 0.00% No change 115 $8K
Essential Partners LLC 0.00% No change 114 $8K
Cornerstone Planning Group LLC 0.00% Add +38.6% 97 $8K
LRI Investments, LLC 0.00% New 112 $8K
Acumen Wealth Advisors, LLC 0.00% Add +35.8% 110 $8K
Sound Income Strategies, LLC 0.00% Reduce -9.4% 106 $8K
Retirement Wealth Solutions LLC 0.00% Add +818.2% 101 $7K
PlanVest Financial, Inc 0.01% — 100 $7K
Carolina Wealth Advisors, LLC 0.00% No change 100 $7K
Burkett Financial Services, LLC 0.00% No change 100 $7K
Kings Path Partners LLC 0.00% No change 100 $7K
MTM Investment Management, LLC 0.00% No change 100 $7K
Gill Capital Partners, LLC 0.00% New 100 $7K
Nisa Investment Advisors, LLC 0.00% Add +58.7% 100 $7K
Ninety One UK Ltd 0.00% No change 99 $7K
Key Financial Inc 0.00% Add +1271.4% 96 $7K
Zions Bancorporation, National Association 0.00% Add +7.0% 92 $6K
HighMark Wealth Management LLC 0.00% No change 91 $6K
Clearstead Advisors, LLC 0.00% No change 90 $6K
Raffa Wealth Management, LLC 0.00% No change 80 $6K
SJS Investment Consulting Inc. 0.00% Add +344.4% 80 $6K
Strategic Wealth Partners, Ltd. 0.00% No change 76 $5K
Plante Moran Financial Advisors, LLC 0.00% No change 76 $5K
North Star Investment Management Corp. 0.00% Add +10.6% 73 $5K
Capital Advisors, Ltd. LLC 0.00% No change 69 $5K
Principia Wealth Advisory, LLC 0.00% Add +21.4% 68 $5K
Nemes Rush Group LLC 0.00% No change 68 $5K
Arlington Trust Co LLC 0.00% New 66 $5K
MV Capital Management, Inc. 0.00% Add +481.8% 64 $4K
McIlrath & Eck, LLC 0.00% No change 63 $4K
IFS Advisors, LLC 0.00% No change 61 $4K
MidFirst Bank 0.00% Add +11.3% 59 $4K
American Capital Advisory, LLC 0.00% Add +323.1% 55 $4K
IMA Advisory Services, Inc. 0.00% Add +61.8% 55 $4K
Winch Advisory Services, LLC 0.00% Reduce -65.6% 53 $4K
Clark Wealth Partners 0.00% No change 50 $3K
Measured Wealth Private Client Group, LLC 0.00% No change 50 $3K
TD Capital Management LLC 0.00% No change 50 $3K
RMG Wealth Management LLC 0.00% New 42 $3K
Vermillion Wealth Management, Inc. 0.00% No change 47 $3K
Federated Hermes, Inc. 0.00% No change 45 $3K
Intentional Wealth Strategies, LLC 0.00% — 43 $3K
Bayban 0.00% No change 42 $3K
Salem Investment Counselors Inc. 0.00% New 41 $3K
Godfrey Financial Associates, Inc. 0.00% No change 41 $3K
MBM Wealth Consultants, LLC 0.00% New 37 $3K
Hughes Financial Services, LLC 0.00% No change 35 $2K
Monetary Solutions, Ltd 0.00% Reduce -22.7% 34 $2K
Smithfield Trust Co 0.00% No change 22 $2K
Capital Analysts, LLC 0.00% No change 33 $2K
JPL Wealth Management, LLC 0.00% New 27 $2K
St. Johns Investment Management Company, LLC 0.00% No change 25 $2K
City State Bank 0.00% No change 25 $2K
Burk Holdings LLC 0.00% New 24 $2K
CBIZ Investment Advisory Services, LLC 0.00% No change 20 $1K
Lodestone Wealth Management LLC 0.00% No change 19 $1K
Financial Network Wealth Advisors LLC 0.00% Reduce -54.0% 17 $1K
AdvisorNet Financial, Inc 0.00% No change 17 $1K
Transamerica Financial Advisors, LLC 0.00% Reduce -84.1% 17 $1K
1620 Investment Advisors, Inc. 0.00% No change 15 $1K
Strive Financial Group ,LLC 0.00% No change 21 $1K
Trust Co 0.00% No change 10 $694
Cornerstone Financial Management LLC 0.00% New 7 $486
Caitong International Asset Management Co., Ltd 0.00% Reduce -58.8% 7 $486
Albion Financial Group 0.00% New 7 $486
Cassaday & Co Wealth Management LLC 0.00% New 6 $417
First Command Advisory Services, Inc. 0.00% New 6 $416
Bartlett & Co. Wealth Management LLC 0.00% New 5 $370
Pension & Wealth Management Advisors, Inc. 0.00% No change 5 $354
MJT & Associates Financial Advisory Group, Inc. 0.00% No change 5 $347
Activest Wealth Management 0.00% No change 4 $277
Keating Financial Advisory Services, Inc. 0.00% Reduce -79.0% 4 $277
Toth Financial Advisory Corp. 0.00% No change 3 $209
Rakuten Securities, Inc. 0.00% Reduce -93.9% 3 $208
Millstone Evans Group, LLC 0.00% No change 3 $208
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.