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Constellation Brands

922 hedge funds and large institutions have $32.2B invested in Constellation Brands in 2018 Q1 according to their latest regulatory filings, with 115 funds opening new positions, 342 increasing their positions, 323 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

289% more call options, than puts

Call options by funds: $3B | Put options by funds: $769M

62% more first-time investments, than exits

New positions opened: 115 | Existing positions closed: 71

11% more funds holding in top 10

Funds holding in top 10: 4449 (+5)

4% more funds holding

Funds holding: 885922 (+37)

6% more repeat investments, than reductions

Existing positions increased: 342 | Existing positions reduced: 323

3% less capital invested

Capital invested by funds: $33.2B → $32.2B (-$937M)

1.74% less ownership

Funds ownership: 84.37%82.63% (-1.7%)

Holders
922
Holders Change
+37
Holders Change %
+4.18%
% of All Funds
21.13%
Holding in Top 10
49
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+11.36%
% of All Funds
1.12%
New
115
Increased
342
Reduced
323
Closed
71
Calls
$3B
Puts
$769M
Net Calls
+$2.23B
Net Calls Change
-$585M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.74B +$9.06M +41,117 +0.3%
BlackRock
2
BlackRock
New York
$2.65B -$15.1M -68,657 -0.6%
State Street
3
State Street
Massachusetts
$1.52B -$43.2M -196,012 -3%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$1.28B +$9.47M +42,984 +0.8%
LPC
5
Lone Pine Capital
Connecticut
$1.11B -$4.41M -20,019 -0.4%
KCM
6
Kensico Capital Management
Connecticut
$983M -$12.2M -55,600 -1%
Capital World Investors
7
Capital World Investors
California
$863M -$177M -803,000 -18%
Morgan Stanley
8
Morgan Stanley
New York
$645M +$34.7M +157,554 +6%
JP Morgan Chase
9
JP Morgan Chase
New York
$585M -$27.5M -124,696 -5%
Massachusetts Financial Services
10
Massachusetts Financial Services
Massachusetts
$554M -$12.8M -58,071 -2%
AllianceBernstein
11
AllianceBernstein
Tennessee
$552M +$190M +862,027 +55%
MCM
12
Melvin Capital Management
New York
$535M +$206M +933,596 +66%
TP
13
Third Point
New York
$524M -$44M -200,000 -8%
Deutsche Bank
14
Deutsche Bank
Germany
$509M -$205M -928,705 -29%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$445M -$8.02M -36,426 -2%
Wellington Management Group
16
Wellington Management Group
Massachusetts
$436M -$14.1M -64,170 -3%
Wells Fargo
17
Wells Fargo
California
$420M +$63.4M +287,676 +19%
Northern Trust
18
Northern Trust
Illinois
$411M -$6.46M -29,328 -2%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$394M +$10.9M +49,281 +3%
Goldman Sachs
20
Goldman Sachs
New York
$368M +$59.1M +268,151 +20%
Bank of America
21
Bank of America
North Carolina
$366M -$47.2M -214,111 -12%
American Century Companies
22
American Century Companies
Missouri
$349M -$38.3K -174 -0%
AQR Capital Management
23
AQR Capital Management
Connecticut
$342M +$172M +781,334 +109%
Point72 Asset Management
24
Point72 Asset Management
Connecticut
$335M +$175M +793,491 +117%
Norges Bank
25
Norges Bank
Norway
$323M +$23M +104,513 +8%

STZ Hedge Fund Activity: Q1 2018 in Review

922 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Constellation Brands (STZ) for Q1 2018, worth a combined $32.2B — down 2.8% from $33.2B a quarter earlier.

Buyers outnumbered sellers: 115 funds opened new STZ positions and 71 closed out — a net gain of 44 holders — while 342 added to existing stakes and 323 trimmed.

The largest buyer was Melvin Capital Management, adding an estimated $206M. The largest seller was Soroban Capital Partners, exiting entirely with an estimated $639M sold.

  • 922 institutional investors held Constellation Brands (STZ) as of Q1 2018, up from 885 in Q4 2017.
  • Funds reported $32.2B of Constellation Brands stock for Q1 2018, down 2.8% quarter-over-quarter.
  • 115 funds opened new Constellation Brands positions in Q1 2018 and 71 closed out, a net change of +44 holders.
  • The largest Constellation Brands buyer in Q1 2018 was Melvin Capital Management, an estimated $206M added.
  • The largest Constellation Brands seller in Q1 2018 was Soroban Capital Partners, an estimated $639M sold.

Based on aggregated 13F filings for Q1 2018.