Anheuser-Busch

BUD
CUSIP 03524A108 NYSE ADR
Reported in filings as: ANHEUSER-BUSCH INBEV-SPN ADR
Option CUSIPs: 03524A908 03524A958

Institutional ownership · Q2 2024

Latest quarter (Q2 2026)
Institutional holders 507 -23 (-4.3%) vs Q1 2024
Reported value $6.0B -11.7% vs Q1 2024
Shares held 102.1M -8.8M shares
Quarter Q2 2024 Period ended Jun 30, 2024

507 institutional managers reported holding 102,083,022 shares worth $5,950,888,274 on Form 13F for Q2 2024, against 530 in Q1 2024. Share positions on CUSIP 03524A108 only; option legs and principal-amount lines are not counted.

Top 25 institutional holders · Q2 2024

Largest Q2 2024 Form 13F holders of CUSIP 03524A108 by reported value
# Manager Shares Value % of portfolio Change Position page
1 Dodge & Cox 31,470,885 $1.8B 1.1% -237.8K Position
2 Fisher Asset Management LLC 9,719,685 $565.2M 0.25% +426.3K Position
3 MANUFACTURERS LIFE INSURANCE COMPANY THE 7,350,168 $427.4M 0.4% -1.7M Position
4 ROYAL BANK OF CANADA 5,731,185 $333.3M 0.08% -503.1K Position
5 Holocene Advisors LP 3,528,379 $205.2M 0.86% +217.3K Position
6 MORGAN STANLEY 2,486,285 $144.6M 0.01% -38.3K Position
7 Capital International Investors 2,433,226 $143.6M 0.03% +269.6K Position
8 DAVENPORT & Co LLC 2,061,320 $120.3M 0.73% -1.2K Position
9 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 2,049,200 $119.2M 0.42% +1.6M Position
10 SAMLYN CAPITAL LLC 1,938,346 $112.7M 1.88% -102.4K Position
11 Bank of America Corporation 1,790,917 $104.1M < 0.01% -38.1K Position
12 BILL & MELINDA GATES FOUNDATION TRUST 1,703,000 $99.0M 0.21% — Position
13 Douglas Lane & Associates LLC 1,276,593 $74.2M 1.05% -6.3K Position
14 Douglass Winthrop Advisors LLC 1,250,917 $72.7M 1.48% +139.0K Position
15 RIVULET CAPITAL LLC 1,200,000 $69.8M 4.83% — Position
16 Clarkston Capital Partners LLC 1,144,624 $66.6M 1.27% +11.9K Position
17 SUSQUEHANNA INTERNATIONAL GROUP LLP 1,070,458 $62.2M 0.01% +615.6K Position
18 Seafarer Capital Partners LLC 952,000 $55.4M 18.9% — Position
19 The Goldman Sachs Group Inc 941,054 $54.7M < 0.01% -377.6K Position
20 ARMISTICE CAPITAL LLC 839,000 $48.8M 0.61% +137.0K Position
21 WELLS FARGO & COMPANY MN 833,767 $48.5M 0.01% -37.8K Position
22 HBK INVESTMENTS L P 786,752 $45.7M 0.2% +190.3K Position
23 RAYMOND JAMES & ASSOCIATES 726,470 $42.2M 0.03% +183.3K Position
24 MILLENNIUM MANAGEMENT LLC 693,128 $40.3M 0.02% +606.7K Position
25 NORTHERN TRUST CORPORATION 686,394 $39.9M < 0.01% +2.4K Position

Values as reported on each manager's Q2 2024 Form 13F. Change is in shares against the manager's prior-quarter filing.

13F holders by quarter

Form 13F holders of CUSIP 03524A108 by quarter
Quarter Holders Shares Value
Q2 2026 618 +68 95.8M $7.9B
Q1 2026 550 +14 92.5M $6.4B
Q4 2025 536 +52 99.6M $6.4B
Q3 2025 484 -28 103.9M $6.2B
Q2 2025 512 +16 107.3M $7.4B
Q1 2025 496 +12 110.4M $6.8B
Q4 2024 484 -33 109.9M $5.5B
Q3 2024 517 +10 104.8M $6.9B
Q2 2024 507 -23 102.1M $6.0B
Q1 2024 530 +17 110.9M $6.7B
Q4 2023 513 +36 97.1M $6.3B
Q3 2023 477 -10 95.4M $5.3B
Q2 2023 487 -14 93.6M $5.3B
Q1 2023 501 -8 91.8M $6.1B
Q4 2022 509 +63 98.1M $6.2B
Q3 2022 446 -38 106.3M $4.8B
Q2 2022 484 +5 99.0M $5.3B
Q1 2022 479 -8 88.6M $5.3B
Q4 2021 487 +44 81.7M $4.9B
Q3 2021 443 77.6M $4.4B

Q3 2021–Q2 2026, as reported on Form 13F. Earlier quarters are in the ownership explorer below.

Fund holders · N-PORT

54 funds
Largest fund holders of CUSIP 03524A108 reported on Form N-PORT
Fund Value % of fund As of
Dodge & Cox Stock Fund $1.8B 1.5% Jun 2026
THE HARTFORD DIVIDEND AND GROWTH FUND $185.7M 0.99% Jul 2026
Dodge & Cox Balanced Fund $151.9M 1.03% Jun 2026
Bridge Builder Large Cap Value Fund $84.8M 0.29% Jun 2026
Seafarer Overseas Growth and Income Fund $84.8M 2.33% Jul 2026
HARTFORD DIVIDEND AND GROWTH HLS FUND $33.7M 0.97% Jun 2026
First Trust Value Line Dividend Index Fund FVD $32.0M 0.4% Jun 2026
DAVENPORT VALUE & INCOME FUND $31.9M 3.12% Jun 2026
Amplify CWP International Enhanced Dividend Income ETF $25.3M 1.97% Jun 2026
Avantis International Equity ETF AVDE $12.9M 0.08% May 2026

54 funds reported holding $2,530,644,206 in total on their latest public Form N-PORT reports, the most recent dated August 2026.

5%+ holders · 13D/G

2 filers
Schedule 13D and 13G filers reporting a stake in CUSIP 03524A108
Filer % of class Filed
BRC S a R L 13D 52.3% 2026-05-15
Altria Group Inc 13D 51.9% 2025-02-07

Latest Schedule 13D or 13G from each filer naming this CUSIP; stakes a filer has reported closed are left out.

Federal lobbying

Spend, trailing 12 months $5.5M Through Q3 2026, from quarterly LD-2 reports
Anheuser-Busch lobbying profile

Ownership explorer

Loading ownership explorer…

Security Details

CUSIP 03524A108
ISIN BE0974293251
FIGI BBG001T53FW2
Symbol BUD
Type Adr
Class SPONSORED ADR as filed on 13F
Exchange NYSE
Company Anheuser-Busch

Identifier History

Type Value From To
FIGI BBG001T53FW2 2026-02-07 Current
CUSIP 03524A108 2009-07-07 Current

Listing History

Symbol Exchange From To
BUDFF OTC 2026-02-07 Current
BUD NYSE 2009-10-01 Current
AHBIY US 2009-07-07 Current