Lone Pine Capital’s AB InBev BUD Stock Holding History

Lone Pine Capital’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
2018 Q1	–	Sell	-5,254,307	Closed	-$586M	–	32
2017 Q4	$586M	Buy	5,254,307 +4,538,756	+634%	+$534M	3.06%	16
2017 Q3	$85.4M	Buy	+715,551	New	+$83.8M	0.42%	30
2016 Q3	–	Sell	-4,207,607	Closed	-$554M	–	43
2016 Q2	$554M	Buy	4,207,607 +2,329,803	+124%	+$293M	2.56%	17
2016 Q1	$234M	Buy	1,877,804 +390,412	+26%	+$46.3M	1.16%	30
2015 Q4	$186M	Buy	+1,487,392	New	+$180M	0.79%	39

Other funds holding BUD

SCP

Soroban Capital Partners New York $51.8B AUM 21.41% 1-Year Est. Return

ClearBridge Investments New York $115B AUM 24.78% 1-Year Est. Return

Fisher Asset Management Camas, Washington $295B AUM 31.6% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Viking Global Investors Stamford, Connecticut $35.7B AUM 21.3% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $116B AUM 26.37% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

Lone Pine Capital's BUD Position: Q1 2018 in Review

Lone Pine Capital sold out of AB InBev (BUD) in Q1 2018, closing a stake of 5,254,307 shares — an estimated $586M sold.

Lone Pine Capital first reported a position in BUD in Q4 2015 and held it in 5 quarters. The position peaked at $586M in Q4 2017. 587 funds tracked by Wall St. Rank hold BUD as of Q1 2018.

Lone Pine Capital reported no remaining AB InBev position as of Q1 2018 after selling out during the quarter.
Lone Pine Capital sold 5,254,307 AB InBev shares in Q1 2018, an estimated $586M.
Lone Pine Capital first reported a position in AB InBev in Q4 2015 and held it in 5 quarters.
Lone Pine Capital's AB InBev position peaked at $586M in Q4 2017.
587 funds tracked by Wall St. Rank held AB InBev as of Q1 2018.

Based on Lone Pine Capital's 13F filing for Q1 2018, filed 15 May 2018.