Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ambev SA (ABEV)

398 + Investors. Track Smart Money conviction in ABEV. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +30
Streak
2Q ▲
Buyers last Q
61%

Smart Money Signals — ABEV

Based on 401 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added ABEV than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
401 hedge funds hold ABEV right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +13% more funds vs a year ago

fund count last 6Q
+47 new funds entered over the past year (+13% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 61% buying

228 buying143 selling
Last quarter: 228 funds were net buyers (70 opened a brand new position + 158 added to an existing one). Only 143 were sellers (103 trimmed + 40 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~70 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 46 → 40 → 67 → 70. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 23% medium ■ 19% new
230 out of 401 hedge funds have held ABEV for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Price up while funds trimmed (+16% value, -0% shares)

Value
+16%
Shares
0%
Last quarter: total value of institutional ABEV holdings rose +16% even though funds reduced share count by 0%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
🚀

Acceleration phase — new buyers rushing in

47 → 46 → 40 → 67 → 70 new funds/Q
New funds entering each quarter: 46 → 40 → 67 → 70. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Deep conviction — 65% of holders stayed 2+ years

■ 65% veterans ■ 15% 1-2yr ■ 20% new
Of 406 current holders: 262 (65%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
📋

Smaller funds dominant — 19% AUM from top-100

19% from top-100 AUM funds
47 of 401 holders rank in the top 100 by AUM, but together hold only 19% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — ABEV

In 2026 Q1, 228 hedge funds were net buyers of ABEV (70 opened a new position, 158 added to an existing one), while 143 reduced or exited (103 trimmed, 40 sold completely) — a 61% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. Net fund flow last quarter: +30 funds (more new holders than closures). Total institutional holders: 401.

Hedge Fund Ownership: ABEV

How many hedge funds hold ABEV — quarterly history vs. share price
Quarterly hedge fund ownership of ABEV vs. share price

Market Analysis: ABEV

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ABEV

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Ambev SA (ABEV) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ABEV has moved relative to its sector benchmark (XLP) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 74d ago
ABEV
+11.5%
XLP
+4.0%

ABEV outperformed XLP by +7.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 29d ago
ABEV
+6.0%
XLP
+0.7%

Since the filing became public, ABEV outperformed XLP by +5.3% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

23 top-rated funds 3 high-conviction
Consensus
6.0
/ 10
breadth
×
Elite
3.0
/ 10
conviction
Hedge Fund Positioning: ABEV
398 + Investors

Track Smart Money conviction in ABEV. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 398 371 7.28%
13F Shares 1.07B 1.07B -0.19%
Total Value $3.08B $2.65B 16.25%
New Positions 69 67 +2
Increased Positions 157 133 +24
Closed Positions 42 46 -4
Reduced Positions 100 106 -6
Total Calls 3 3 -
Total Puts 2 2 -
PUT/CALL Ratio 0.67 0.67 Bullish

Statistics: ABEV

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Diluted EPS (ttm) --
Total Cash (mrq) --
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Institutional Holders (2026 Q1)

398 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ABEV. Verified SEC 13F-HR filings.

QUARTER:
Top 25 ABEV holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Seafarer Capital Partners, LLC 18.81% 28,069,000 $82.0M
2 Kiltearn Partners LLP 6.15% 7,830,100 $22.9M
3 Cook & Bynum Capital Management, LLC 3.18% 1,354,009 $4.0M
4 Eldred Rock Partners, LLC 2.62% 3,527,367 $10.3M
5 Foundation Resource Management Inc 2.34% 7,106,351 $20.8M
6 Altrius Capital Management Inc 2.20% 3,785,329 $11.1M
7 Mh & Associates Securities Management Corp /Adv 1.79% 702,502 $2.1M
8 Virtus Family Office LLC 1.52% 606,829 $1.8M
9 First Eagle Investment Management, LLC 1.34% 346,984,557 $1.01B
10 RWC Asset Management LLP 1.26% 10,338,909 $30.2M
11 Private Management Group Inc 0.95% 11,298,874 $33.0M
12 GQG Partners LLC 0.87% 187,037,538 $546.1M
13 Longfellow Investment Management Co LLC 0.70% 1,142,729 $3.3M
14 Parvin Asset Management, LLC 0.62% 293,925 $858K
15 Privium Fund Management B.V. 0.58% 948,558 $2.8M
16 Sage Investment Counsel LLC 0.54% 165,500 $483K
17 Burford Brothers, Inc. 0.51% 422,029 $1.2M
18 Brandes Investment Partners, LP 0.48% 23,075,673 $67.4M
19 VPR Management LLC 0.45% 387,929 $1.1M
20 Archford Capital Strategies, LLC 0.35% 1,041,440 $3.0M
21 DJE Kapital AG 0.33% 5,131,275 $14.8M
22 Ted Buchan & Co 0.32% 302,797 $884K
23 Mraz, Amerine & Associates, Inc. 0.30% 706,309 $2.1M
24 Oldfield Partners LLP 0.28% 383,700 $1.1M
25 Moran Wealth Management, LLC 0.26% 2,933,646 $8.6M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Ambev SA (ABEV)

What does the Smart Money Trend signal show for ABEV?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added ABEV than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ABEV?

More buyers than sellers — 61% buying: Last quarter: 228 funds were net buyers (70 opened a brand new position + 158 added to an existing one). Only 143 were sellers (103 trimmed + 40 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for ABEV holders?

Smaller funds dominant — 19% AUM from top-100: 47 of 401 holders rank in the top 100 by AUM, but together hold only 19% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held ABEV?

57% of holders stayed for 2+ years: 230 out of 401 hedge funds have held ABEV for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Ambev SA (ABEV) following the 2026 Q1 hedge fund 13F filings?

As of today, ABEV has moved +6.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.7% for the XLP sector ETF — an outperformance of +5.3%. Since the quarter end (March 31, 2026), ABEV has gained +11.5% vs +4.0% for XLP. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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