ABEVNYSEBeveragesFiscal year ends December 31
AMBEV S.A.
Financials through fiscal 2025, year ended Dec 31, 2025
$3.25−0.04 (-1.22%)
Close on Oct 19, 2026
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
8.9%
1.40B of 15.76B shares
Institutional holders
403
52 new, 45 sold out
Net institutional buying
360M
In Q2 2026
Insider trades, 12 months
0 buys · 4 sales
Net sold $2.40M
Shares held by institutions
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of ABEV | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| First Eagle Investment Management, LLC | 698,646,434 | 4.43% | $2.19B | +351,661,877 | 1.82% |
| GQG Partners LLC | 185,072,397 | 1.17% | $581.13M | −1,965,141 | 1.08% |
| BlackRock, Inc. | 33,059,703 | 0.21% | $103.81M | −1,886,144 | 0.00% |
| Goldman Sachs Group Inc | 28,979,606 | 0.18% | $91.00M | +12,751,142 | 0.01% |
| Loomis Sayles & Co L P | 27,000,448 | 0.17% | $84.78M | +6,509,817 | 0.11% |
| Renaissance Technologies LLC | 24,910,000 | 0.16% | $78.22M | −2,444,300 | 0.11% |
| Seafarer Capital Partners, LLC | 24,069,000 | 0.15% | $75.58M | −4,000,000 | 17.42% |
| Nomura Asset Management International Inc. | 22,996,163 | 0.15% | $72.21M | +5,047,893 | 0.11% |
| Brandes Investment Partners, LP | 20,526,907 | 0.13% | $64.45M | −2,548,766 | 0.45% |
| Exchange Traded Concepts, LLC | 13,630,016 | 0.09% | $42.80M | +3,674,553 | 0.20% |
| Bank Of America Corp /De/ | 12,870,831 | 0.08% | $40.41M | −3,434,610 | 0.00% |
| Morgan Stanley | 12,751,317 | 0.08% | $40.04M | +2,430,011 | 0.00% |
| Allspring Global Investments Holdings, LLC | 11,833,198 | 0.08% | $36.80M | −493,354 | 0.06% |
| Arrowstreet Capital, Limited Partnership | 11,492,766 | 0.07% | $36.09M | New | 0.02% |
| Private Management Group Inc | 10,843,977 | 0.07% | $34.05M | −454,897 | 0.90% |
| Massachusetts Financial Services Co /Ma/ | 10,715,332 | 0.07% | $29.44M | −15,754,667 | 0.01% |
| RWC Asset Management LLP | 10,547,747 | 0.07% | $33.12M | +208,838 | 1.25% |
| Citadel Advisors LLC | 10,037,912 | 0.06% | $31.52M | +3,510,926 | 0.00% |
| Dimensional Fund Advisors LP | 9,877,828 | 0.06% | $31.02M | −362,924 | 0.01% |
| State Street Corp | 8,283,804 | 0.05% | $26.39M | −576,607 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 403 | 1.40B | 8.9% | 52 / 148 | 130 / 45 | 430M | 70M |
| Q1 2026 | 404 | 1.04B | 6.6% | 67 / 157 | 104 / 33 | 102M | 104M |
| Q4 2025 | 375 | 1.05B | 6.7% | 64 / 134 | 109 / 42 | 125M | 229M |
| Q3 2025 | 358 | 1.15B | 7.3% | 40 / 122 | 117 / 35 | 68M | 152M |
| Q2 2025 | 356 | 1.24B | 7.9% | 42 / 144 | 101 / 44 | 221M | 222M |
| Q1 2025 | 364 | 1.24B | 7.9% | 49 / 126 | 126 / 79 | 253M | 402M |
| Q4 2024 | 399 | 1.39B | 8.8% | 64 / 136 | 130 / 39 | 244M | 192M |
| Q3 2024 | 379 | 1.34B | 8.5% | 59 / 173 | 86 / 33 | 263M | 107M |
| Q2 2024 | 356 | 1.24B | 7.8% | 51 / 128 | 116 / 40 | 133M | 210M |
| Q1 2024 | 347 | 1.31B | 8.3% | 43 / 121 | 108 / 41 | 98M | 106M |
| Q4 2023 | 346 | 1.32B | 8.4% | 47 / 104 | 127 / 37 | 108M | 81M |
| Q3 2023 | 342 | 1.30B | 8.2% | 37 / 112 | 120 / 24 | 83M | 106M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of ABEV | Value | % of fund | As of |
|---|---|---|---|---|---|
| First Eagle Global Fund | 166,791,911 | 1.06% | $518.72M | 0.68% | Jul 31, 2026 |
| GQG Partners Emerging Markets Equity Fund | 104,329,033 | 0.66% | $327.59M | 1.57% | Jun 30, 2026 |
| First Eagle Overseas Fund | 71,992,235 | 0.46% | $223.90M | 1.25% | Jul 31, 2026 |
| iShares Latin America 40 ETF | 25,360,366 | 0.16% | $79.63M | 2.13% | Jun 30, 2026 |
| Seafarer Overseas Growth and Income Fund | 23,000,000 | 0.15% | $71.53M | 1.96% | Jul 31, 2026 |
| Nomura Emerging Markets Fund | 13,500,000 | 0.09% | $43.34M | 0.30% | May 29, 2026 |
| JNL/Loomis Sayles Global Growth Fund | 12,278,447 | 0.08% | $38.55M | 1.92% | Jun 30, 2026 |
| First Eagle Global Balanced Fund | 9,345,635 | 0.06% | $29.06M | 1.12% | Jul 31, 2026 |
| First Eagle Overseas Equity ETF | 6,968,417 | 0.04% | $22.37M | 1.68% | May 31, 2026 |
| Allspring Emerging Markets Equity Fund | 5,671,112 | 0.04% | $17.64M | 0.45% | Jul 31, 2026 |
| First Eagle Global Equity ETF | 5,640,646 | 0.04% | $18.11M | 0.94% | May 31, 2026 |
| State Street(R) SPDR(R) Portfolio Emerging Markets ETF | 5,174,246 | 0.03% | $16.25M | 0.09% | Jun 30, 2026 |
| Avantis Emerging Markets Equity ETF | 4,413,943 | 0.03% | $14.17M | 0.05% | May 31, 2026 |
| Tax-Managed U.S. Large Cap Fund | 3,573,200 | 0.02% | $11.11M | 0.09% | Jul 31, 2026 |
| JNL/GQG Emerging Markets Equity Fund | 3,509,693 | 0.02% | $11.02M | 1.51% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Fernando Maffessoni | See Remarks | 874 | 0.00% | Sep 11, 2026 |
| de Carvalho Joao Coelho Rua Derbli | See Remarks | 101,461 | 0.00% | Jun 17, 2026 |
| Paulo Andre Zagman | See Remarks | 230,535 | 0.00% | Jun 11, 2026 |
| de Lacerda Eduardo Braga Cavalcanti | See Remarks | 223,340 | 0.00% | Apr 13, 2026 |
| Valdecir Duarte | See Remarks | 743,437 | 0.00% | Apr 1, 2026 |
| Prado Carla Smith de Vasconcellos Crippa | See Remarks | 141,464 | 0.00% | Apr 1, 2026 |
| Parente Guilherme Malik | See Remarks | 35,182 | 0.00% | Apr 1, 2026 |
| Lisboa Carlos Eduardo Klutzenschell | Chief Executive Officer | 2,001,442 | 0.01% | Apr 1, 2026 |
| Guilherme Fleury de Figueiredo Ferraz Parolari | See Remarks | 64,607 | 0.00% | Apr 1, 2026 |
| Ricardo Manuel Frangatos Pires Moreira | Director | 3,000,000 | 0.02% | Jul 31, 2026 |
| Michel D. Doukeris | Director | – | – | Mar 18, 2026 |
| De Marchi Victorio Carlos | Director | 27,131,062 | 0.17% | Mar 18, 2026 |
| Almeida David Henrique Galatro de | Director | 475 | 0.00% | Mar 18, 2026 |
| Almeida Cabral de Soares Ricardo Tadeu | Director | – | – | Mar 18, 2026 |
| Milton Seligman | Director | 545,090 | 0.00% | Mar 18, 2026 |
| Hoefel Fernanda Gemael | Director | – | – | Mar 18, 2026 |
| Dias Luciana Pires | Director | 3,000 | 0.00% | Mar 18, 2026 |
| Barros Lisboa Marcos de | Director | 20,115 | 0.00% | Mar 18, 2026 |
| de Matos Lia Machado | Director | – | – | Mar 18, 2026 |
| Barbosa Fabio Colletti | Director | – | – | Mar 17, 2026 |
| Fernando Tennenbaum | Director | – | – | Mar 17, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Ricardo Manuel Frangatos Pires Moreira Director | Jul 30, 2026 | Sale | −468,040 | $3.08 | $1.44M | 3,000,000 |
| Paulo Andre Zagman See Remarks | May 5, 2026 | Sale | −136,250 | $3.41 | $464.61K | 230,535 |
| Prado Carla Smith de Vasconcellos Crippa See Remarks | Mar 30, 2026 | Award | +11,261 | $3.11 | $35.02K | 141,464 |
| Parente Guilherme Malik See Remarks | Mar 30, 2026 | Award | +8,455 | $3.11 | $26.30K | 35,182 |
| de Lacerda Eduardo Braga Cavalcanti See Remarks | Mar 30, 2026 | Award | +30,431 | $3.11 | $94.64K | 375,726 |
| Guilherme Fleury de Figueiredo Ferraz Parolari See Remarks | Mar 30, 2026 | Award | +44,714 | $3.11 | $139.06K | 64,607 |
| Paulo Andre Zagman See Remarks | Mar 30, 2026 | Award | +34,714 | $3.11 | $107.96K | 366,785 |
| Valdecir Duarte See Remarks | Mar 30, 2026 | Award | +38,074 | $3.11 | $118.41K | 743,437 |
| Lisboa Carlos Eduardo Klutzenschell Chief Executive Officer | Mar 30, 2026 | Award | +205,372 | $3.11 | $638.71K | 2,001,442 |
| de Lacerda Eduardo Braga Cavalcanti See Remarks | Mar 27, 2026 | Sale | −152,386 | $2.85 | $434.30K | 223,340 |
| Parente Guilherme Malik See Remarks | Mar 24, 2026 | Sale | −20,971 | $2.76 | $57.88K | 26,727 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Manuel Frangatos Pires Moreira Ricardo Director | Jul 30, 2026 | 468,040 | $1.46M | Jul 30, 2026 | Vesting of equity awards |
| Eduardo Klutzenschell Lisboa Carlos Affiliate | May 23, 2023 | 79,972 | $230.62K | May 23, 2023 | Vested Restricted Stock Units |