PENN DAVIS MCFARLAND INC BUD — ANHEUSER-BUSCH CO. COMMON

Ownership history in PENN DAVIS MCFARLAND INC  ·  46 quarters on record

AI Ownership Summary

PENN DAVIS MCFARLAND INC reported ANHEUSER-BUSCH CO. COMMON (BUD) in 46 quarterly 13F filings from 2023 Q4 through 2026 Q1. Peak portfolio weight reached 3.6% in 2025 Q2. The latest visible filing shows BUD at 3.29% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this BUD ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was PENN DAVIS MCFARLAND INC's position in ANHEUSER-BUSCH CO. COMMON, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q1

BUD was reported at 3.29% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
3.6% in 2025 Q2

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2023 Q4 to 2026 Q1

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

BUD stock page PENN DAVIS MCFARLAND INC fund profile PENN DAVIS MCFARLAND INC full holdings
How PENN DAVIS MCFARLAND INC held BUD — position size vs. price
% of Fund (quarterly)    BUD price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 10 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q1 REDUCED — — — 485,264 -1,578 -0.3% 3.29% $33.7M 2026-04-21 $72.78
2025 Q4 ADDED — — — 486,842 +22,748 +4.9% 2.99% $31.2M 2026-01-16 $68.57
2025 Q3 REDUCED — — — 464,094 -1,574 -0.3% 2.86% $27.7M 2025-10-21 $61.84
2025 Q2 REDUCED — — — 465,668 -5,043 -1.1% 3.60% $32.0M 2025-07-15 $66.95
2025 Q1 ADDED — — — 470,711 +3,192 +0.7% 3.43% $29.0M 2025-04-23 $65.09
2024 Q4 ADDED — — — 467,519 +118,686 +34.0% 2.55% $23.4M 2025-01-16 $46.32
2024 Q3 REDUCED — — — 348,833 -392 -0.1% 2.60% $23.1M 2024-10-18 $64.91
2024 Q2 REDUCED — — — 349,225 -613 -0.2% 3.14% $20.3M 2024-07-19 $59.42
2024 Q1 ADDED — — — 349,838 +50,582 +16.9% 3.30% $21.3M 2024-04-25 $58.06
2023 Q4 ADDED — — — 299,256 +3,754 +1.3% 3.29% $19.3M 2024-01-19 $61.03
36 older quarters hidden  —  Sign in free or upgrade to Premium to see full history

🏢 Other funds also holding BUD

As of 2026 Q1 — sorted by position size

Lancaster Investment Management 3Y 7Y 8.11% OUTFITTERS FINANCIAL LLC 3Y 1.16% Buttonwood Financial Advisors Inc. 3Y 0.91% Douglas Lane & Associates, LLC 3Y 7Y 0.77% Miller Global Investments, LLC 0.75% ASO GROUP Ltd 0.74% DAVENPORT & Co LLC 3Y 7Y 0.69% JCIC Asset Management Inc. 3Y 7Y 0.66% Citadel Investment Advisory, Inc. 3Y 0.54% MQS Management LLC 3Y 0.52%

FAQ About PENN DAVIS MCFARLAND INC and BUD

These are the practical questions this page is built to answer before you even open the full history table.

How long has PENN DAVIS MCFARLAND INC reported owning BUD?

PENN DAVIS MCFARLAND INC reported BUD across 10 quarterly 13F filings, from 2023 Q4 through 2026 Q1.

What was the largest reported BUD position in PENN DAVIS MCFARLAND INC's portfolio?

The largest reported portfolio weight for BUD was 3.60% in 2025 Q2.

What is the latest reported BUD position on this page?

The most recent filing on this page is 2026 Q1, when PENN DAVIS MCFARLAND INC reported 485,264 shares, equal to 3.29% of portfolio, with an estimated market value of $33.7M.

What does the chart on this BUD ownership page compare?

The chart compares PENN DAVIS MCFARLAND INC's quarterly BUD portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did PENN DAVIS MCFARLAND INC time their BUD position?

Based on 13F filing dates vs. subsequent BUD price moves, PENN DAVIS MCFARLAND INC correctly timed 11 out of 23 reported position changes (48%). The annualised alpha on BUD relative to SPY over the holding period was -4.2%.

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