Ambev
ABEV
306 hedge funds and large institutions have $3.71B invested in Ambev in 2023 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 113 increasing their positions, 104 reducing their positions, and 42 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 104
1% more capital invested
Capital invested by funds: $3.68B → $3.71B (+$29.3M)
0.28% less ownership
Funds ownership: 8.65% → 8.37% (-0.28%)
5% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 42
2% less funds holding
Funds holding: 313 → 306 (-7)
30% less call options, than puts
Call options by funds: $13.5M | Put options by funds: $19.2M
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
+$104M |
| 2 |
First Eagle Investment Management
New York
|
+$66.2M |
| 3 |
RL
Ruffer LLP
London,
United Kingdom
|
+$48.8M |
| 4 |
NONA
Ninety One North America
New York
|
+$38.4M |
| 5 |
Renaissance Technologies
New York
|
+$29.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$269M |
| 2 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$76.2M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$42.1M |
| 4 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$37.9M |
| 5 |
Goldman Sachs
New York
|
-$26.3M |
ABEV Hedge Fund Activity: Q1 2023 in Review
306 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Ambev (ABEV) for Q1 2023, worth a combined $3.71B — up 0.8% from $3.68B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of ABEV and 40 opened new positions — a net loss of 2 holders — while 104 trimmed existing stakes and 113 added.
The largest buyer was Ninety One (UK), opening a new position worth an estimated $104M. The largest seller was Fidelity Investments, cutting an estimated $269M.
- 306 institutional investors held Ambev (ABEV) as of Q1 2023, down from 313 in Q4 2022.
- Funds reported $3.71B of Ambev stock for Q1 2023, up 0.8% quarter-over-quarter.
- 40 funds opened new Ambev positions in Q1 2023 and 42 closed out, a net change of -2 holders.
- The largest Ambev buyer in Q1 2023 was Ninety One (UK), an estimated $104M added.
- The largest Ambev seller in Q1 2023 was Fidelity Investments, an estimated $269M sold.
Based on aggregated 13F filings for Q1 2023.