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Constellation Brands

1,127 hedge funds and large institutions have $27.8B invested in Constellation Brands in 2021 Q3 according to their latest regulatory filings, with 86 funds opening new positions, 465 increasing their positions, 395 reducing their positions, and 92 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more repeat investments, than reductions

Existing positions increased: 465 | Existing positions reduced: 395

7% less first-time investments, than exits

New positions opened: 86 | Existing positions closed: 92

9% less call options, than puts

Call options by funds: $583M | Put options by funds: $639M

2% less funds holding

Funds holding: 1,1511,127 (-24)

2.61% less ownership

Funds ownership: 81.09%78.49% (-2.6%)

13% less capital invested

Capital invested by funds: $32B → $27.8B (-$4.19B)

32% less funds holding in top 10

Funds holding in top 10: 1913 (-6)

Holders
1,127
Holders Change
-24
Holders Change %
-2.09%
% of All Funds
19.73%
Holding in Top 10
13
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-31.58%
% of All Funds
0.23%
New
86
Increased
465
Reduced
395
Closed
92
Calls
$583M
Puts
$639M
Net Calls
-$55.6M
Net Calls Change
+$168M
Name Holding Trade Value Shares
Change
Change in
Stake
TCCM
51
Two Creeks Capital Management
New York
$83.1M -$1.79M -8,191 -2%
JMPWA
52
JP Morgan Private Wealth Advisors
California
$78.9M -$26.4M -120,955 -24%
First Trust Advisors
53
First Trust Advisors
Illinois
$77.5M +$3.68M +16,848 +5%
BA
54
Bridgewater Associates
Connecticut
$76.7M +$6.34M +29,026 +9%
CS
55
Credit Suisse
Switzerland
$76.4M +$29.2M +133,896 +59%
VAM
56
Vontobel Asset Management
New York
$76.2M -$25.4M -116,557 -25%
California Public Employees Retirement System
57
California Public Employees Retirement System
California
$76.1M -$972K -4,452 -1%
Canada Pension Plan Investment Board
58
Canada Pension Plan Investment Board
Ontario, Canada
$75.7M +$10.1M +46,106 +15%
Ameriprise
59
Ameriprise
Minnesota
$72.7M -$39.9M -182,689 -35%
Envestnet Asset Management
60
Envestnet Asset Management
Illinois
$70.7M -$268K -1,230 -0.4%
DKCM
61
Davidson Kempner Capital Management
New York
$69.2M +$4.04M +18,525 +6%
T. Rowe Price Associates
62
T. Rowe Price Associates
Maryland
$68.6M -$1.13M -5,200 -2%
Voloridge Investment Management
63
Voloridge Investment Management
Florida
$68.1M +$70.6M +323,434 New
ClearBridge Investments
64
ClearBridge Investments
New York
$68.1M +$2.85M +13,050 +4%
EWM
65
Evercore Wealth Management
New York
$67.7M +$900K +4,122 +1%
Manulife (Manufacturers Life Insurance)
66
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$67M +$676K +3,096 +1%
Barclays
67
Barclays
United Kingdom
$65.4M +$7.63M +34,966 +13%
New York State Common Retirement Fund
68
New York State Common Retirement Fund
New York
$62.1M -$2.9M -13,277 -4%
SO
69
STRS Ohio
Ohio
$61.8M +$3.53M +16,154 +6%
California State Teachers Retirement System (CalSTRS)
70
California State Teachers Retirement System (CalSTRS)
California
$61.7M -$920K -4,215 -1%
Point72 Asset Management
71
Point72 Asset Management
Connecticut
$61M +$59.4M +271,935 +1,533%
Capital Research Global Investors
72
Capital Research Global Investors
California
$58.1M -$305M -1,399,243 -84%
RhumbLine Advisers
73
RhumbLine Advisers
Massachusetts
$58.1M -$1.66M -7,594 -3%
Victory Capital Management
74
Victory Capital Management
Texas
$58M +$4.6M +21,055 +8%
Retirement Systems of Alabama
75
Retirement Systems of Alabama
Alabama
$55.8M +$21.2M +96,958 +58%

STZ Hedge Fund Activity: Q3 2021 in Review

1,127 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Constellation Brands (STZ) for Q3 2021, worth a combined $27.8B — down 13% from $32B a quarter earlier.

Sellers outnumbered buyers: 92 funds closed out of STZ and 86 opened new positions — a net loss of 6 holders — while 395 trimmed existing stakes and 465 added.

The largest buyer was AllianceBernstein, adding an estimated $372M. The largest seller was Bank of America, cutting an estimated $818M.

  • 1,127 institutional investors held Constellation Brands (STZ) as of Q3 2021, down from 1,151 in Q2 2021.
  • Funds reported $27.8B of Constellation Brands stock for Q3 2021, down 13% quarter-over-quarter.
  • 86 funds opened new Constellation Brands positions in Q3 2021 and 92 closed out, a net change of -6 holders.
  • The largest Constellation Brands buyer in Q3 2021 was AllianceBernstein, an estimated $372M added.
  • The largest Constellation Brands seller in Q3 2021 was Bank of America, an estimated $818M sold.

Based on aggregated 13F filings for Q3 2021.