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341 hedge funds and large institutions have $3.34B invested in Ambev in 2023 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 113 increasing their positions, 118 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

54% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 24

4% more funds holding

Funds holding: 329341 (+12)

0.15% less ownership

Funds ownership: 8.37%8.22% (-0.15%)

4% less repeat investments, than reductions

Existing positions increased: 113 | Existing positions reduced: 118

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

20% less capital invested

Capital invested by funds: $4.19B → $3.34B (-$846M)

73% less call options, than puts

Call options by funds: $5.93M | Put options by funds: $21.9M

Holders
341
Holders Change
+12
Holders Change %
+3.65%
% of All Funds
5.41%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.06%
New
37
Increased
113
Reduced
118
Closed
24
Calls
$5.93M
Puts
$21.9M
Net Calls
-$16M
Net Calls Change
-$22.8M
Name Holding Trade Value Shares
Change
Change in
Stake
First Eagle Investment Management
1
First Eagle Investment Management
New York
$800M -$4.68M -1,617,070 -0.5%
HL
2
Harding Loevner
New Jersey
$292M -$9.68M -3,345,836 -3%
WGI
3
Westwood Global Investments
Massachusetts
$277M +$9.34M +3,229,411 +3%
SIM
4
Sprucegrove Investment Management
Ontario, Canada
$197M -$10.5M -3,646,980 -5%
Goldman Sachs
5
Goldman Sachs
New York
$170M +$88M +30,422,836 +86%
BlackRock
6
BlackRock
New York
$157M +$6.09M +2,106,438 +4%
RL
7
Ruffer LLP
United Kingdom
$117M +$2.57M +888,510 +2%
Ninety One (UK)
8
Ninety One (UK)
United Kingdom
$107M -$424K -146,745 -0.4%
Bank of America
9
Bank of America
North Carolina
$100M +$23.5M +8,109,498 +26%
JP Morgan Chase
10
JP Morgan Chase
New York
$98.4M -$2.52M -870,097 -2%
Massachusetts Financial Services
11
Massachusetts Financial Services
Massachusetts
$91.1M +$5.54M +1,914,467 +6%
PL
12
Perpetual Ltd
Australia
$75.3M +$1.68M +580,137 +2%
Renaissance Technologies
13
Renaissance Technologies
New York
$53.4M -$3.17M -1,095,996 -5%
Loomis, Sayles & Company
14
Loomis, Sayles & Company
Massachusetts
$51.9M -$2.08M -718,479 -3%
SCP
15
Seafarer Capital Partners
California
$47.5M +$5.09M +1,760,000 +11%
NONA
16
Ninety One North America
New York
$42.8M +$5.61M +1,938,442 +13%
Citigroup
17
Citigroup
New York
$42.1M +$258K +89,366 +0.6%
Pzena Investment Management
18
Pzena Investment Management
New York
$37M -$1.08M -373,596 -3%
Schroder Investment Management Group
19
Schroder Investment Management Group
United Kingdom
$31.5M +$11.6M +4,013,914 +49%
RAM
20
RWC Asset Management
United Kingdom
$28.2M +$423K +146,405 +1%
State Street
21
State Street
Massachusetts
$26.1M -$1.4M -482,789 -5%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$23.9M +$2.33M +804,915 +10%
SEI Investments
23
SEI Investments
Pennsylvania
$20.7M -$4.05M -1,399,832 -15%
Morgan Stanley
24
Morgan Stanley
New York
$20.3M -$1.38M -476,137 -6%
Canada Life
25
Canada Life
Manitoba, Canada
$18.5M -$299K -103,450 -1%

ABEV Hedge Fund Activity: Q3 2023 in Review

341 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Ambev (ABEV) for Q3 2023, worth a combined $3.34B — down 20% from $4.19B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new ABEV positions and 24 closed out — a net gain of 13 holders — while 113 added to existing stakes and 118 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $88M. The largest seller was Janus Henderson Group, cutting an estimated $142M.

  • 341 institutional investors held Ambev (ABEV) as of Q3 2023, up from 329 in Q2 2023.
  • Funds reported $3.34B of Ambev stock for Q3 2023, down 20% quarter-over-quarter.
  • 37 funds opened new Ambev positions in Q3 2023 and 24 closed out, a net change of +13 holders.
  • The largest Ambev buyer in Q3 2023 was Goldman Sachs, an estimated $88M added.
  • The largest Ambev seller in Q3 2023 was Janus Henderson Group, an estimated $142M sold.

Based on aggregated 13F filings for Q3 2023.