Nine Chapters Capital Management’s AB InBev BUD Stock Holding History

Nine Chapters 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
2015 Q4	–	Sell	-76,400	Closed	-$8.12M	–	87
2015 Q3	$8.12M	Sell	76,400 -19,600	-20%	-$2.28M	0.72%	9
2015 Q2	$11.6M	Sell	96,000 -35,300	-27%	-$4.33M	0.97%	5
2015 Q1	$16M	Buy	131,300 +69,600	+113%	+$8.41M	1.36%	1
2014 Q4	$6.93M	Sell	61,700 -73,500	-54%	-$8.14M	0.6%	21
2014 Q3	$15M	Buy	135,200 +59,600	+79%	+$6.66M	1.34%	1
2014 Q2	$8.69M	Sell	75,600 -54,600	-42%	-$6M	0.71%	8
2014 Q1	$13.7M	Buy	130,200 +88,100	+209%	+$8.94M	1.62%	1
2013 Q4	$4.48M	Buy	42,100 +5,500	+15%	+$562K	0.45%	40
2013 Q3	$3.63M	Buy	36,600 +19,100	+109%	+$1.82M	0.43%	46
2013 Q2	$1.58M	Buy	+17,500	New	+$1.67M	0.27%	102

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

Arrowstreet Capital Boston, Massachusetts $225B AUM 49.49% 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

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

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

SIG

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

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

Nine Chapters Capital Management's BUD Position: Q4 2015 in Review

Nine Chapters Capital Management sold out of AB InBev (BUD) in Q4 2015, closing a stake of 76,400 shares — an estimated $8.12M sold.

Nine Chapters Capital Management first reported a position in BUD in Q2 2013 and held it in 10 quarters. The position peaked at $16M in Q1 2015. 493 funds tracked by Wall St. Rank hold BUD as of Q4 2015.

Nine Chapters Capital Management reported no remaining AB InBev position as of Q4 2015 after selling out during the quarter.
Nine Chapters Capital Management sold 76,400 AB InBev shares in Q4 2015, an estimated $8.12M.
Nine Chapters Capital Management first reported a position in AB InBev in Q2 2013 and held it in 10 quarters.
Nine Chapters Capital Management's AB InBev position peaked at $16M in Q1 2015.
493 funds tracked by Wall St. Rank held AB InBev as of Q4 2015.

Based on Nine Chapters Capital Management's 13F filing for Q4 2015.