Kingdon Capital Management’s AB InBev BUD Stock Holding History

Kingdon 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
2016 Q1	–	Sell	-156,750	Closed	-$19.6M	–	110
2015 Q4	$19.6M	Buy	156,750 +33,000	+27%	+$3.99M	0.95%	28
2015 Q3	$13.2M	Sell	123,750 -9,700	-7%	-$1.13M	0.63%	46
2015 Q2	$16.1M	Buy	133,450 +11,000	+9%	+$1.35M	0.63%	52
2015 Q1	$14.9M	Sell	122,450 -16,300	-12%	-$1.97M	0.63%	50
2014 Q4	$15.6M	Buy	138,750 +34,700	+33%	+$3.84M	0.68%	43
2014 Q3	$11.5M	Sell	104,050 -10,950	-10%	-$1.22M	0.52%	50
2014 Q2	$13.2M	Buy	115,000 +90,000	+360%	+$9.9M	0.51%	58
2014 Q1	$2.63M	Sell	25,000 -75,800	-75%	-$7.69M	0.13%	149
2013 Q4	$10.7M	Buy	100,800 +30,800	+44%	+$3.15M	0.49%	66
2013 Q3	$6.94M	Sell	70,000 -5,420	-7%	-$516K	0.34%	88
2013 Q2	$6.81M	Buy	+75,420	New	+$7.19M	0.4%	82

Other funds holding BUD

SCP

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

GRQ

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

Fisher Asset Management Camas, Washington $336B AUM 34.66% 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

WRF

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

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

Harding Loevner Bridgewater, New Jersey $10.6B AUM 19.39% 1-Year Est. Return

Lazard Asset Management New York $66.1B AUM 33.53% 1-Year Est. Return

Kingdon Capital Management's BUD Position: Q1 2016 in Review

Kingdon Capital Management sold out of AB InBev (BUD) in Q1 2016, closing a stake of 156,750 shares — an estimated $19.6M sold.

Kingdon Capital Management first reported a position in BUD in Q2 2013 and held it in 11 quarters. The position peaked at $19.6M in Q4 2015. 487 funds tracked by Wall St. Rank hold BUD as of Q1 2016.

Kingdon Capital Management reported no remaining AB InBev position as of Q1 2016 after selling out during the quarter.
Kingdon Capital Management sold 156,750 AB InBev shares in Q1 2016, an estimated $19.6M.
Kingdon Capital Management first reported a position in AB InBev in Q2 2013 and held it in 11 quarters.
Kingdon Capital Management's AB InBev position peaked at $19.6M in Q4 2015.
487 funds tracked by Wall St. Rank held AB InBev as of Q1 2016.

Based on Kingdon Capital Management's 13F filing for Q1 2016, filed 16 May 2016.