Constellation Brands
1,189 hedge funds and large institutions have $31.2B invested in Constellation Brands in 2023 Q1 according to their latest regulatory filings, with 88 funds opening new positions, 424 increasing their positions, 478 reducing their positions, and 133 closing their positions.
2% more call options, than puts
Call options by funds: $736M | Put options by funds: $720M
0.98% more ownership
Funds ownership: 74.1% → 75.08% (+0.98%)
2% less capital invested
Capital invested by funds: $31.8B → $31.2B (-$543M)
5% less funds holding
Funds holding: 1,258 → 1,189 (-69)
7% less funds holding in top 10
Funds holding in top 10: 15 → 14 (-1)
11% less repeat investments, than reductions
Existing positions increased: 424 | Existing positions reduced: 478
34% less first-time investments, than exits
New positions opened: 88 | Existing positions closed: 133
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$882M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$749M |
| 3 |
Barclays
London,
United Kingdom
|
+$284M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$187M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$128M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$430M |
| 2 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$284M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$176M |
| 4 |
Neuberger Berman Group
New York
|
-$168M |
| 5 |
AM
AGF Management
Toronto,
Ontario, Canada
|
-$155M |
STZ Hedge Fund Activity: Q1 2023 in Review
1,189 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Constellation Brands (STZ) for Q1 2023, worth a combined $31.2B — down 1.7% from $31.8B a quarter earlier.
Sellers outnumbered buyers: 133 funds closed out of STZ and 88 opened new positions — a net loss of 45 holders — while 478 trimmed existing stakes and 424 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $882M. The largest seller was Fidelity Investments, cutting an estimated $430M.
- 1,189 institutional investors held Constellation Brands (STZ) as of Q1 2023, down from 1,258 in Q4 2022.
- Funds reported $31.2B of Constellation Brands stock for Q1 2023, down 1.7% quarter-over-quarter.
- 88 funds opened new Constellation Brands positions in Q1 2023 and 133 closed out, a net change of -45 holders.
- The largest Constellation Brands buyer in Q1 2023 was T. Rowe Price Associates, an estimated $882M added.
- The largest Constellation Brands seller in Q1 2023 was Fidelity Investments, an estimated $430M sold.
Based on aggregated 13F filings for Q1 2023.