Permit Capital’s AB InBev BUD Stock Holding History

Permit 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
2016 Q4	–	Sell	-4,086	Closed	-$537K	–	31
2016 Q3	$537K	Buy	4,086 +150	+4%	+$19K	0.36%	22
2016 Q2	$518K	Buy	3,936 +961	+32%	+$121K	0.37%	22
2016 Q1	$371K	Hold	2,975	–	–	0.28%	26
2015 Q4	$372K	Sell	2,975 -6,925	-70%	-$838K	0.28%	24
2015 Q3	$1.05M	Hold	9,900	–	–	0.71%	21
2015 Q2	$1.2M	Hold	9,900	–	–	0.74%	20
2015 Q1	$1.21M	Hold	9,900	–	–	0.75%	19
2014 Q4	$1.11M	Sell	9,900 -925	-9%	-$102K	0.68%	22
2014 Q3	$1.2M	Buy	10,825 +150	+1%	+$16.8K	0.73%	20
2014 Q2	$1.23M	Buy	10,675 +2,250	+27%	+$247K	0.76%	18
2014 Q1	$887K	Hold	8,425	–	–	0.61%	18
2013 Q4	$897K	Hold	8,425	–	–	0.63%	18
2013 Q3	$836K	Buy	8,425 +100	+1%	+$9.52K	0.6%	19
2013 Q2	$751K	Buy	+8,325	New	+$793K	0.57%	21

Other funds holding BUD

SCP

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

Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return

Fisher Asset Management Camas, Washington $336B AUM 34.66% 1-Year Est. Return

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

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

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $128B AUM 35.83% 1-Year Est. Return

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

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

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

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

Permit Capital's BUD Position: Q4 2016 in Review

Permit Capital sold out of AB InBev (BUD) in Q4 2016, closing a stake of 4,086 shares — an estimated $537K sold.

Permit Capital first reported a position in BUD in Q2 2013 and held it in 14 quarters. The position peaked at $1.23M in Q2 2014. 501 funds tracked by Wall St. Rank hold BUD as of Q4 2016.

Permit Capital reported no remaining AB InBev position as of Q4 2016 after selling out during the quarter.
Permit Capital sold 4,086 AB InBev shares in Q4 2016, an estimated $537K.
Permit Capital first reported a position in AB InBev in Q2 2013 and held it in 14 quarters.
Permit Capital's AB InBev position peaked at $1.23M in Q2 2014.
501 funds tracked by Wall St. Rank held AB InBev as of Q4 2016.

Based on Permit Capital's 13F filing for Q4 2016, filed 14 Feb 2017.