Ambev S.A. (ABEV) shareholders
ABEVNYSEBeveragesFiscal year ends December 31
Financials through fiscal 2025, year ended Dec 31, 2025Score 12/30
$2.76+0.03 (+1.10%)
Close on Nov 13, 2026Market cap $43.50BP/E 15.3Yield –
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 · 5 sales
Net sold $2.59M
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)
66 funds held ABEV in Q2 2026, 3% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| 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 |
|---|---|---|---|---|
| Prado Carla Smith de Vasconcellos Crippa | See Remarks | 80,707 | 0.00% | Oct 8, 2026 |
| 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 |
| Lisboa Carlos Eduardo Klutzenschell | Chief Executive Officer | 2,001,442 | 0.01% | Apr 1, 2026 |
| Parente Guilherme Malik | See Remarks | 35,182 | 0.00% | Apr 1, 2026 |
| Valdecir Duarte | See Remarks | 743,437 | 0.00% | 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 |
|---|---|---|---|---|---|---|
| Prado Carla Smith de Vasconcellos Crippa See Remarks | Sep 3, 2026 | Sale | −60,757 | $3.09 | $187.74K | 80,707 |
| 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.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of shares outstanding
–
100M shares short
Days to cover
3.4
At 29M shares a day
Change since last report
+18.9%
From 84M shares
Short volume, 20 days
51.8%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Ambev's stock actually held short. Settlement fails (shares not delivered on time) peaked at 2,009,909 shares on Aug 21, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Ricardo Manuel Frangatos Pires Moreira Director | Jul 30, 2026 | 468,040 | $1.46M | Jul 30, 2026 | Vesting of equity awards |
| Lisboa Carlos Eduardo Klutzenschell Affiliate | May 23, 2023 | 79,972 | $230.62K | May 23, 2023 | Vested Restricted Stock Units |
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