AB InBevBUD
About: Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, according to Euromonitor, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and US-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev, an 87% stake in Budweiser APAC, and in 2016 it acquired SABMiller.
Employees: 144,000
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 6 (+3) [Q1 2025]
88% more call options, than puts
Call options by funds: $627M | Put options by funds: $334M
36% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 67
24% more capital invested
Capital invested by funds: $5.5B [Q4 2024] → $6.79B (+$1.29B) [Q1 2025]
2% more funds holding
Funds holding: 475 [Q4 2024] → 484 (+9) [Q1 2025]
5% more repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 153
0.03% more ownership
Funds ownership: 6.11% [Q4 2024] → 6.14% (+0.03%) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Goldman Sachs Olivier Nicolai | 30%upside $88 | Buy Upgraded | 12 May 2025 |
Financial journalist opinion
Based on 11 articles about BUD published over the past 30 days









