ANHEUSER-BUSCH INBEV SA/NV (BUD) — Hedge Fund Ownership Q4 2025
BUD
- ANHEUSER-BUSCH INBEV SA/NV (BUD) is held by 5 of 81 tracked hedge funds, with Hillman Capital Management (3%) and Dodge & Cox (1%) holding the largest stakes, indicating limited hedge fund interest relative to peers.
- The biggest increases in BUD holdings came from Causeway Capital Management (+15%) and Maverick Capital (+34%), highlighting conviction.
- The biggest decreases in BUD holdings came from Dodge & Cox (-9%) and Hillman Capital Management (-9%), suggesting profit-taking or de-risking.
- Overall, hedge funds decreased exposure to ANHEUSER-BUSCH INBEV SA/NV (BUD) by -9% vs the prior quarter and -16% vs prior year.
| # | Fund | % of Portfolio † | Shares † | Shares vs Prior Quarter † | Shares vs Prior Year † | Aggregate Value † | Reported Price * | Option |
|---|---|---|---|---|---|---|---|---|
| 1 |
Hillman Capital Management Mark Hillman
|
3.33% | 83K | -8.93% | -31.38% | $5.3M | $64.04 | — |
| 2 |
Dodge & Cox
|
1.14% | 33.1M | -9.39% | -17.21% | $2.12B | $64.04 | — |
| 3 |
Causeway Capital Management
|
0.62% | 701K | +15.03% | +22.12% | $44.9M | $64.04 | — |
| 4 |
Gates Foundation Trust
|
0.31% | 1.7M | — | — | $109.1M | $64.04 | — |
| 5 |
Maverick Capital Lee Ainslie
|
0.02% | 36K | +33.95% | — | $2.3M | $64.04 | — |
| 5 | Total | — | 35.6M | -8.57% | -16.03% | $2.28B | — | — |
* Reported price is not an actual purchase or sale price. It is the price as of the last portfolio date.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.