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374 hedge funds and large institutions have $2.59B invested in Ambev in 2025 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 135 increasing their positions, 108 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 40

25% more repeat investments, than reductions

Existing positions increased: 135 | Existing positions reduced: 108

5% more funds holding

Funds holding: 355374 (+19)

2% more call options, than puts

Call options by funds: $39.5M | Put options by funds: $38.9M

1% more capital invested

Capital invested by funds: $2.57B → $2.59B (+$18.1M)

0.66% less ownership

Funds ownership: 7.31%6.64% (-0.66%)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
374
Holders Change
+19
Holders Change %
+5.35%
% of All Funds
4.55%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.05%
New
64
Increased
135
Reduced
108
Closed
40
Calls
$39.5M
Puts
$38.9M
Net Calls
+$607K
Net Calls Change
+$1.49M
Name Holding Trade Value Shares
Change
Change in
Stake
First Eagle Investment Management
1
First Eagle Investment Management
New York
$830M -$6.05M -2,540,740 -0.8%
GQG Partners
2
GQG Partners
Florida
$427M +$34.5M +14,468,963 +9%
Morgan Stanley
3
Morgan Stanley
New York
$112M +$80.6M +33,842,540 +291%
Massachusetts Financial Services
4
Massachusetts Financial Services
Massachusetts
$86.2M -$2.81M -1,178,427 -3%
Bank of America
5
Bank of America
North Carolina
$83M +$17.3M +7,262,163 +28%
SCP
6
Seafarer Capital Partners
California
$69.3M
NAMI
7
Nomura Asset Management International
Pennsylvania
$63.5M +$61.2M +25,690,446 New
Renaissance Technologies
8
Renaissance Technologies
New York
$63.4M -$38M -15,974,400 -38%
BlackRock
9
BlackRock
New York
$60.3M +$7.9M +3,318,776 +16%
BIP
10
Brandes Investment Partners
California
$55.8M +$2.08M +874,657 +4%
Loomis, Sayles & Company
11
Loomis, Sayles & Company
Massachusetts
$47.7M -$406K -170,581 -0.9%
PMG
12
Private Management Group
California
$37.3M -$440K -184,774 -1%
Allspring Global Investments
13
Allspring Global Investments
North Carolina
$32.9M -$103K -43,138 -0.3%
Goldman Sachs
14
Goldman Sachs
New York
$32.4M +$22.3M +9,361,815 +248%
Arrowstreet Capital
15
Arrowstreet Capital
Massachusetts
$26.9M -$6.55M -2,749,306 -20%
RAM
16
RWC Asset Management
United Kingdom
$26.5M -$602K -252,753 -2%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$25.5M +$1.9M +797,033 +8%
KP
18
Kiltearn Partners
United Kingdom
$23.3M -$3.81M -1,599,800 -14%
GLA
19
Great Lakes Advisors
Illinois
$23.3M +$161K +67,402 +0.7%
State Street
20
State Street
Massachusetts
$23.1M -$8.85M -3,717,885 -29%
Canada Life
21
Canada Life
Manitoba, Canada
$19.6M +$2.75M +1,155,496 +17%
FRM
22
Foundation Resource Management
Arkansas
$17.1M +$133K +55,844 +0.8%
CIBC World Market
23
CIBC World Market
Ontario, Canada
$14.8M +$527K +221,254 +4%
UBS Group
24
UBS Group
Switzerland
$14.2M -$548K -229,987 -4%
Corient Private Wealth
25
Corient Private Wealth
Florida
$14.1M +$6.85M +2,875,854 +102%