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277 hedge funds and large institutions have $3.11B invested in Ambev in 2020 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 88 increasing their positions, 101 reducing their positions, and 60 closing their positions.

New
Increased
Maintained
Reduced
Closed

85% more call options, than puts

Call options by funds: $289K | Put options by funds: $156K

0.83% more ownership

Funds ownership: 7.78%8.61% (+0.83%)

9% less funds holding

Funds holding: 304277 (-27)

13% less repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 101

38% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 60

45% less capital invested

Capital invested by funds: $5.7B → $3.11B (-$2.59B)

57% less funds holding in top 10

Funds holding in top 10: 73 (-4)

Holders
277
Holders Change
-27
Holders Change %
-8.88%
% of All Funds
6.1%
Holding in Top 10
3
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-57.14%
% of All Funds
0.07%
New
37
Increased
88
Reduced
101
Closed
60
Calls
$289K
Puts
$156K
Net Calls
+$133K
Net Calls Change
-$543K
Name Holding Trade Value Shares
Change
Change in
Stake
HL
1
Harding Loevner
New Jersey
$469M +$220M +60,939,726 +43%
First Eagle Investment Management
2
First Eagle Investment Management
New York
$380M +$597M +165,129,178 New
VAM
3
Vontobel Asset Management
New York
$243M -$157M -43,388,628 -29%
Massachusetts Financial Services
4
Massachusetts Financial Services
Massachusetts
$220M +$36.2M +10,014,262 +12%
JP Morgan Chase
5
JP Morgan Chase
New York
$139M -$169M -46,608,180 -43%
CS
6
Credit Suisse
Switzerland
$115M +$26.9M +7,423,880 +17%
Renaissance Technologies
7
Renaissance Technologies
New York
$110M +$23.7M +6,550,718 +16%
WGI
8
Westwood Global Investments
Massachusetts
$110M +$173M +47,819,294 New
AC
9
AKO Capital
United Kingdom
$108M +$28.9M +7,975,590 +20%
Schroder Investment Management Group
10
Schroder Investment Management Group
United Kingdom
$86.3M +$93.2M +25,769,176 +199%
Lazard Asset Management
11
Lazard Asset Management
New York
$84.7M -$10.8M -2,984,564 -7%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$72.2M +$11M +3,044,943 +11%
BNP Paribas Financial Markets
13
BNP Paribas Financial Markets
France
$66.6M +$26.6K +7,348 +0%
Invesco
14
Invesco
Georgia
$62.2M -$115M -31,805,186 -54%
State Street
15
State Street
Massachusetts
$59.1M +$4.35M +1,201,098 +5%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$55.5M -$2.8M -774,028 -3%
BlackRock
17
BlackRock
New York
$47.1M -$25.6M -7,074,501 -26%
Vanguard Group
18
Vanguard Group
Pennsylvania
$45.2M -$7.46M -2,060,942 -9%
Ninety One (UK)
19
Ninety One (UK)
United Kingdom
$41.2M +$4.88M +1,347,836 +8%
SIM
20
Sprucegrove Investment Management
Ontario, Canada
$38.6M +$60.7M +16,767,900 New
AGA
21
Altrinsic Global Advisors
Connecticut
$34.4M +$1.4M +386,337 +3%
AAM
22
Ardevora Asset Management
United Kingdom
$34.1M +$11.6M +3,211,083 +28%
Northern Trust
23
Northern Trust
Illinois
$31.8M -$3.61M -997,347 -7%
Wells Fargo
24
Wells Fargo
California
$28.4M -$2.68M -741,495 -6%
Boston Partners
25
Boston Partners
Massachusetts
$25.3M -$692K -191,206 -2%

ABEV Hedge Fund Activity: Q1 2020 in Review

277 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Ambev (ABEV) for Q1 2020, worth a combined $3.11B — down 45% from $5.7B a quarter earlier.

Sellers outnumbered buyers: 60 funds closed out of ABEV and 37 opened new positions — a net loss of 23 holders — while 101 trimmed existing stakes and 88 added.

The largest buyer was First Eagle Investment Management, opening a new position worth an estimated $597M. The largest seller was JP Morgan Chase, cutting an estimated $169M.

  • 277 institutional investors held Ambev (ABEV) as of Q1 2020, down from 304 in Q4 2019.
  • Funds reported $3.11B of Ambev stock for Q1 2020, down 45% quarter-over-quarter.
  • 37 funds opened new Ambev positions in Q1 2020 and 60 closed out, a net change of -23 holders.
  • The largest Ambev buyer in Q1 2020 was First Eagle Investment Management, an estimated $597M added.
  • The largest Ambev seller in Q1 2020 was JP Morgan Chase, an estimated $169M sold.

Based on aggregated 13F filings for Q1 2020.