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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.

New
Increased
Maintained
Reduced
Closed

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: 313306 (-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: 64 (-2)

Holders
306
Holders Change
-7
Holders Change %
-2.24%
% of All Funds
4.88%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
40
Increased
113
Reduced
104
Closed
42
Calls
$13.5M
Puts
$19.2M
Net Calls
-$5.66M
Net Calls Change
+$6.07M
Name Holding Trade Value Shares
Change
Change in
Stake
First Eagle Investment Management
1
First Eagle Investment Management
New York
$877M +$66.2M +25,321,166 +9%
HL
2
Harding Loevner
New Jersey
$342M +$588K +224,885 +0.2%
WGI
3
Westwood Global Investments
Massachusetts
$287M +$1.47M +562,283 +0.6%
SIM
4
Sprucegrove Investment Management
Ontario, Canada
$244M -$18.4M -7,050,200 -8%
RL
5
Ruffer LLP
United Kingdom
$173M +$48.8M +18,665,224 +44%
BlackRock
6
BlackRock
New York
$153M +$18.1M +6,932,144 +15%
Janus Henderson Group
7
Janus Henderson Group
United Kingdom
$140M +$2.83M +1,082,525 +2%
Ninety One (UK)
8
Ninety One (UK)
United Kingdom
$112M +$104M +39,748,969 New
JP Morgan Chase
9
JP Morgan Chase
New York
$102M +$1.97M +754,570 +2%
Massachusetts Financial Services
10
Massachusetts Financial Services
Massachusetts
$90M +$1.39M +533,082 +2%
PL
11
Perpetual Ltd
Australia
$74.4M +$69M +26,366,988 New
Renaissance Technologies
12
Renaissance Technologies
New York
$62.5M +$29.3M +11,204,526 +102%
Arrowstreet Capital
13
Arrowstreet Capital
Massachusetts
$59.8M -$7.42M -2,837,205 -12%
Loomis, Sayles & Company
14
Loomis, Sayles & Company
Massachusetts
$59.1M +$604K +230,731 +1%
Bank of America
15
Bank of America
North Carolina
$47.8M +$7.53M +2,879,982 +20%
SCP
16
Seafarer Capital Partners
California
$46.9M +$1.57M +600,000 +4%
Goldman Sachs
17
Goldman Sachs
New York
$46.2M -$26.3M -10,052,623 -38%
Pzena Investment Management
18
Pzena Investment Management
New York
$45.6M +$12.5M +4,781,566 +42%
NONA
19
Ninety One North America
New York
$41.4M +$38.4M +14,686,079 New
Millennium Management
20
Millennium Management
New York
$41.2M +$16.8M +6,416,143 +78%
Citadel Advisors
21
Citadel Advisors
Florida
$35.6M +$7.08M +2,707,958 +27%
Citigroup
22
Citigroup
New York
$34.5M -$6.55M -2,505,161 -17%
State Street
23
State Street
Massachusetts
$30.2M -$95.6K -36,559 -0.3%
IUHSA
24
Itau Unibanco Holding S.A.
Brazil
$27.4M -$37.9M -14,474,461 -59%
SEI Investments
25
SEI Investments
Pennsylvania
$26.5M -$610K -233,260 -2%

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.