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Constellation Brands

1,019 hedge funds and large institutions have $27.6B invested in Constellation Brands in 2019 Q2 according to their latest regulatory filings, with 116 funds opening new positions, 429 increasing their positions, 349 reducing their positions, and 86 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more first-time investments, than exits

New positions opened: 116 | Existing positions closed: 86

23% more repeat investments, than reductions

Existing positions increased: 429 | Existing positions reduced: 349

20% more funds holding in top 10

Funds holding in top 10: 1518 (+3)

15% more capital invested

Capital invested by funds: $24B → $27.6B (+$3.59B)

1.9% more ownership

Funds ownership: 82.28%84.18% (+1.9%)

2% more funds holding

Funds holding: 1,0021,019 (+17)

18% less call options, than puts

Call options by funds: $703M | Put options by funds: $853M

Holders
1,019
Holders Change
+17
Holders Change %
+1.7%
% of All Funds
22.13%
Holding in Top 10
18
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+20%
% of All Funds
0.39%
New
116
Increased
429
Reduced
349
Closed
86
Calls
$703M
Puts
$853M
Net Calls
-$150M
Net Calls Change
-$105M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$2.42B -$245M -1,254,662 -9%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.39B +$23.9M +122,268 +1%
Capital Research Global Investors
3
Capital Research Global Investors
California
$1.73B +$1.47B +7,519,244 +588%
State Street
4
State Street
Massachusetts
$1.45B +$8.35M +42,757 +0.6%
Capital World Investors
5
Capital World Investors
California
$991M +$151M +771,105 +18%
JP Morgan Chase
6
JP Morgan Chase
New York
$940M +$174M +889,638 +22%
KCM
7
Kensico Capital Management
Connecticut
$829M
Bank of America
8
Bank of America
North Carolina
$698M +$273M +1,395,888 +65%
Harris Associates
9
Harris Associates
Illinois
$675M +$206M +1,056,478 +45%
Morgan Stanley
10
Morgan Stanley
New York
$575M -$99.6M -510,198 -15%
Jennison Associates
11
Jennison Associates
New York
$537M +$291M +1,490,064 +120%
Janus Henderson Group
12
Janus Henderson Group
United Kingdom
$465M +$47.4M +242,621 +11%
JSP
13
Jackson Square Partners
California
$463M +$19M +97,496 +4%
Wellington Management Group
14
Wellington Management Group
Massachusetts
$454M +$42M +215,205 +10%
Norges Bank
15
Norges Bank
Norway
$452M +$108M +554,385 +32%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$422M +$9.74M +49,903 +2%
American Century Companies
17
American Century Companies
Missouri
$370M -$6.95M -35,596 -2%
Northern Trust
18
Northern Trust
Illinois
$367M +$6.58M +33,708 +2%
CG
19
Carmignac Gestion
France
$360M -$40.1M -205,408 -10%
Wells Fargo
20
Wells Fargo
California
$355M +$44.3M +226,729 +14%
Massachusetts Financial Services
21
Massachusetts Financial Services
Massachusetts
$344M +$5.87M +30,087 +2%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$307M -$10.3M -52,558 -3%
Invesco
23
Invesco
Georgia
$306M +$123M +629,124 +68%
Fidelity Investments
24
Fidelity Investments
Massachusetts
$300M -$20M -102,229 -6%
Franklin Resources
25
Franklin Resources
California
$284M -$13.1M -66,979 -4%

STZ Hedge Fund Activity: Q2 2019 in Review

1,019 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Constellation Brands (STZ) for Q2 2019, worth a combined $27.6B — up 15% from $24B a quarter earlier.

Buyers outnumbered sellers: 116 funds opened new STZ positions and 86 closed out — a net gain of 30 holders — while 429 added to existing stakes and 349 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $1.47B. The largest seller was Lone Pine Capital, exiting entirely with an estimated $865M sold.

  • 1,019 institutional investors held Constellation Brands (STZ) as of Q2 2019, up from 1,002 in Q1 2019.
  • Funds reported $27.6B of Constellation Brands stock for Q2 2019, up 15% quarter-over-quarter.
  • 116 funds opened new Constellation Brands positions in Q2 2019 and 86 closed out, a net change of +30 holders.
  • The largest Constellation Brands buyer in Q2 2019 was Capital Research Global Investors, an estimated $1.47B added.
  • The largest Constellation Brands seller in Q2 2019 was Lone Pine Capital, an estimated $865M sold.

Based on aggregated 13F filings for Q2 2019.