BU

BUD ANHEUSER-BUSCH INBEV-SPN ADR

2026Q2 · CUSIP 03524A108 · Sector: Consumer

Piling in

Net holder growth ranks near the top of the market

Funds that own it
616
Institutions that reported holding it to the SEC
Net increase in holders
+69
Last quarter 547 → now 616
How unusual is that
Top 5%
Stronger buying than 95% of US stocks
What the filings say, in one paragraph

616 funds held BUD at the end of 2026Q2, up 69 from the quarter before. That is stronger buying than 95.2% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $59.3B(YoY -0.8%), the P/E is 24.2x. BUD has had 21 buying rushes in its history, and the price moved -3.0% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Consumer sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=321 2013Q4: holders=341 2014Q1: holders=355 2014Q2: holders=388 2014Q3: holders=394 2014Q4: holders=422 2015Q1: holders=436 2015Q2: holders=436 2015Q3: holders=460 2015Q4: holders=460 2016Q1: holders=454 2016Q2: holders=463 2016Q3: holders=468 2016Q4: holders=470 2017Q1: holders=486 2017Q2: holders=491 2017Q3: holders=503 2017Q4: holders=555 2018Q1: holders=566 2018Q2: holders=544 2018Q3: holders=534 2018Q4: holders=493 2019Q1: holders=506 2019Q2: holders=488 2019Q3: holders=502 2019Q4: holders=511 2020Q1: holders=443 2020Q2: holders=450 2020Q3: holders=457 2020Q4: holders=514 2021Q1: holders=495 2021Q2: holders=519 2021Q3: holders=460 2021Q4: holders=509 2022Q1: holders=498 2022Q2: holders=510 2022Q3: holders=458 2022Q4: holders=504 2023Q1: holders=495 2023Q2: holders=480 2023Q3: holders=473 2023Q4: holders=508 2024Q1: holders=525 2024Q2: holders=504 2024Q3: holders=513 2024Q4: holders=482 2025Q1: holders=497 2025Q2: holders=513 2025Q3: holders=481 2025Q4: holders=534 2026Q1: holders=547 2026Q2: holders=616 -69 -34.5 +0 +34.5 +69 288468647 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 21 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 5% — —
2025Q4 Top 10% +6.3% +0.4%
2025Q2 Top 20% +3.7% +28.2%
2025Q1 Top 20% -9.3% -9.5%
2024Q1 Top 20% -9.7% -16.6%
2023Q4 Top 20% +9.9% -0.7%
2022Q4 Top 10% +1.2% -4.1%
2022Q2 Top 20% +1.5% +9.1%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
172
Change in large funds
+21
Total value they hold
$7.9B
Funds buying for the first time
117
Funds that sold out entirely
48
Price change that quarter
-5.1%
Funds holding puts (bearish)
17
Funds holding calls (bullish)
19

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

Fundamentals

PE (TTM)
24.2
EPS (TTM)
$3.39
EPS YoY
+18.5%
Revenue (TTM)
$59.3B
Revenue YoY
-0.8%
Net margin
—
ROE
—
Debt ratio
—
FCF (TTM)
—
Dividend (TTM)
No dividend

As of 2025-12-31 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.