Constellation Brands
1,154 hedge funds and large institutions have $31.7B invested in Constellation Brands in 2021 Q1 according to their latest regulatory filings, with 114 funds opening new positions, 501 increasing their positions, 366 reducing their positions, and 79 closing their positions.
44% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 79
37% more repeat investments, than reductions
Existing positions increased: 501 | Existing positions reduced: 366
2% more funds holding
Funds holding: 1,132 → 1,154 (+22)
4% more capital invested
Capital invested by funds: $30.6B → $31.7B (+$1.09B)
0.34% less ownership
Funds ownership: 82.31% → 81.97% (-0.34%)
16% less call options, than puts
Call options by funds: $332M | Put options by funds: $393M
28% less funds holding in top 10
Funds holding in top 10: 25 → 18 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$195M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$188M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$153M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$144M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$119M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$305M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$279M |
| 3 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$203M |
| 4 |
PCM
Palestra Capital Management
New York
|
-$193M |
| 5 |
CG
Carmignac Gestion
Paris,
France
|
-$191M |
STZ Hedge Fund Activity: Q1 2021 in Review
1,154 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Constellation Brands (STZ) for Q1 2021, worth a combined $31.7B — up 3.6% from $30.6B a quarter earlier.
Buyers outnumbered sellers: 114 funds opened new STZ positions and 79 closed out — a net gain of 35 holders — while 501 added to existing stakes and 366 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $195M. The largest seller was JP Morgan Chase, cutting an estimated $305M.
- 1,154 institutional investors held Constellation Brands (STZ) as of Q1 2021, up from 1,132 in Q4 2020.
- Funds reported $31.7B of Constellation Brands stock for Q1 2021, up 3.6% quarter-over-quarter.
- 114 funds opened new Constellation Brands positions in Q1 2021 and 79 closed out, a net change of +35 holders.
- The largest Constellation Brands buyer in Q1 2021 was Fidelity Investments, an estimated $195M added.
- The largest Constellation Brands seller in Q1 2021 was JP Morgan Chase, an estimated $305M sold.
Based on aggregated 13F filings for Q1 2021.