Herndon Capital Management’s AB InBev BUD Stock Holding History

Herndon Capital Management’s Portfolio BUD Stock Details BUD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-2,540	Closed	-$282K	–	204
2014 Q3	$282K	Hold	2,540	–	–	﹤0.01%	140
2014 Q2	$292K	Hold	2,540	–	–	﹤0.01%	141
2014 Q1	$267K	Hold	2,540	–	–	﹤0.01%	139
2013 Q4	$270K	Sell	2,540 -1,116	-31%	-$114K	﹤0.01%	154
2013 Q3	$363K	Sell	3,656 -388	-10%	-$37K	﹤0.01%	146
2013 Q2	$365K	Buy	+4,044	New	+$385K	0.01%	144

Other funds holding BUD

SCP

Soroban Capital Partners New York $47.8B AUM 11.8% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

WRF

Waddell & Reed Financial Overland Park, Kansas $48.6B AUM 84.78% 1-Year Est. Return

GRQ

Gardner Russo & Quinn Lancaster, Pennsylvania $8.93B AUM 6.76% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

ClearBridge Investments New York $121B AUM 27.52% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

First Manhattan New York $39.2B AUM 21.04% 1-Year Est. Return

SIG

Senator Investment Group New York $2.74B AUM 55.95% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Herndon Capital Management's BUD Position: Q4 2014 in Review

Herndon Capital Management sold out of AB InBev (BUD) in Q4 2014, closing a stake of 2,540 shares — an estimated $282K sold.

Herndon Capital Management first reported a position in BUD in Q2 2013 and held it in 6 quarters. The position peaked at $365K in Q2 2013. 457 funds tracked by Wall St. Rank hold BUD as of Q4 2014.

Herndon Capital Management reported no remaining AB InBev position as of Q4 2014 after selling out during the quarter.
Herndon Capital Management sold 2,540 AB InBev shares in Q4 2014, an estimated $282K.
Herndon Capital Management first reported a position in AB InBev in Q2 2013 and held it in 6 quarters.
Herndon Capital Management's AB InBev position peaked at $365K in Q2 2013.
457 funds tracked by Wall St. Rank held AB InBev as of Q4 2014.

Based on Herndon Capital Management's 13F filing for Q4 2014, filed 13 Feb 2015.