Constellation Brands

STZ • NYSE

Constellation Brands is a beverages - wineries & distilleries company in the consumer defensive sector on NYSE, led by William A. Newlands, with a market cap of $27.5B. As of Q3 2025, 80% of shares are held by 1,005 institutional investors, with VANGUARD GROUP INC as the largest holder at 10.33%.

CEOWilliam A. Newlands

Market Cap$27.5B

Beverages - Wineries & Distilleries

Consumer Defensive

Employees10.6K

Websitecbrands.com

Country

United States of America

Overview

Overview of institutional ownership in STZ as of Q3 2025 with a market cap of $23.7B

All Institutions

Institutions: 1,005
Value Held: $19.0B
Shares Held: 140.9M
Avg Position: $18.9M
Median Position: $622.8K

Hedge Funds

Hedge Funds: 56
Value Held: $581.7M
Shares Held: 4.3M
Avg Position: $10.4M
Median Position: $1.8M

Ownership Breakdown

Institutional (non-HF)

77.45%

$18.4B

Hedge Funds

2.45%

$581.7M

Retail & Other

20.1%

$4.8B

Based on market cap of $23.7B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in STZ as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$2.5B 0.04% of portfolio	10.33% 18.2M shares	≤ Q2 2013 Held for 12y 6m+	$6.69T
BERKSHIRE HATHAWAY INC Institution	Warren E. Buffett CEO	$1.8B 0.68% of portfolio	7.60% 13.4M shares	Q4 2024 Held for 1 year	$267.33B
BlackRock, Inc. Institution	Laurence D. Fink CEO	$1.4B 0.03% of portfolio	6.02% 10.6M shares	≤ Q2 2013 Held for 12y 6m+	$5.67T
C Capital World Investors Institution	-	$900.3M 0.12% of portfolio	3.79% 6.7M shares	Q2 2015 Held for 10y 6m	$730.00B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$886.4M 0.03% of portfolio	3.73% 6.6M shares	≤ Q2 2013 Held for 12y 6m+	$2.88T
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$711.0M 0.12% of portfolio	2.99% 5.3M shares	Q1 2016 Held for 9y 9m	$571.21B
C Capital International Investors Institution	-	$584.1M 0.09% of portfolio	2.46% 4.3M shares	Q2 2020 Held for 5y 6m	$617.62B
FMR LLC Institution	-	$552.3M 0.03% of portfolio	2.33% 4.1M shares	≤ Q2 2013 Held for 12y 6m+	$1.92T
G Grantham, Mayo, Van Otterloo & Co. LLC Long Only Manager	William Michael May Owner	$499.8M 1.41% of portfolio	2.10% 3.7M shares	Q2 2021 Held for 4y 6m	$35.4B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$494.2M 0.03% of portfolio	2.09% 3.7M shares	≤ Q2 2013 Held for 12y 6m+	$1.57T

Net Capital Flow

Institutional buying and selling activity for STZ in Q3 2025

Traded: −$499.3M
Buyers: 422
Sellers: 642
Total Bought: +$1.6B
Total Sold: −$2.1B
Avg Position: $15.8M

Biggest Buyers

Institution	Net Bought	Current Position
AMERIPRISE FINANCIAL INC Institution	+$182.7M +1.4M shares	$421.1M 3.1M shares
Marshall Wace LLP Institution	+$130.1M +965.7K shares	$138.7M 1.0M shares
VANGUARD GROUP INC Institution	+$77.3M +573.8K shares	$2.5B 18.2M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$65.5M +486.3K shares	$65.5M 486.3K shares
Empyrean Capital Partners, LP Hedge Fund•Event Driven	+$60.7M +451.0K shares	$60.7M 451.0K shares
F FIL Ltd Institution	+$51.8M +385.0K shares	$51.8M 385.0K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	+$50.1M +371.8K shares	$120.8M 896.9K shares
IMC-Chicago, LLC RIA/Wealth	+$47.4M +351.9K shares	$55.3M 410.8K shares
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Long Only Manager	+$47.3M +351.2K shares	$224.1M 1.7M shares
THOMPSON SIEGEL & WALMSLEY LLC Long Only Manager	+$43.6M +323.8K shares	$43.6M 323.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
C Capital World Investors Institution	−$687.4M −5.1M shares	$900.3M 6.7M shares
FMR LLC Institution	−$201.8M −1.5M shares	$552.3M 4.1M shares
Clearbridge Investments, LLC Long Only Manager	−$117.7M −723.8K shares	Sold Off 0 shares
HENDERSON GROUP PLC Institution	−$92.0M −683.4K shares	$84.3M 626.1K shares
JPMORGAN CHASE & CO Institution	−$63.7M −473.1K shares	$243.4M 1.8M shares
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	−$51.4M −381.8K shares	$6.0M 44.2K shares
STATE STREET CORP Institution	−$39.2M −291.0K shares	$886.4M 6.6M shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	−$31.3M −232.3K shares	$711.0M 5.3M shares
BlackRock, Inc. Institution	−$29.2M −217.1K shares	$1.4B 10.6M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$28.6M −212.2K shares	$128.1M 950.9K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited STZ in Q3 2025

New Positions: 47
New Value: $90.8M
Exited Positions: 192
Exited Value: $347.2M

New Positions

Institution	Position Value
L LSV ASSET MANAGEMENT Long Only Manager	$33.0M 245.2K shares
Artisan Partners Limited Partnership Long Only Manager	$25.9M 192.5K shares
OLD REPUBLIC INTERNATIONAL CORP Institution	$14.7M 109.5K shares
M MATRIX ASSET ADVISORS INC/NY Long Only Manager	$5.2M 38.9K shares
VALICENTI ADVISORY SERVICES INC RIA/Wealth	$1.1M 8.4K shares
Portfolio Design Labs, LLC RIA/Wealth	$845.2K 6.3K shares
Gibbs Wealth Management RIA/Wealth	$813.7K 6.0K shares
SYNTAX RESEARCH, INC. Long Only Manager	$808.0K 6.0K shares
Sage Investment Counsel LLC RIA/Wealth	$785.8K 5.8K shares
Granite Group Advisors, LLC RIA/Wealth	$758.2K 5.6K shares

Exited Positions

Institution	Previous Position
Clearbridge Investments, LLC Long Only Manager	$117.7M 723.8K shares
Ceredex Value Advisors LLC Long Only Manager	$20.6M 126.7K shares
KLINGENSTEIN FIELDS & CO LLC RIA/Wealth	$18.3M 112.8K shares
AMI ASSET MANAGEMENT CORP Long Only Manager	$14.8M 91.0K shares
Smith, Salley & Associates RIA/Wealth	$11.7M 71.8K shares
Quantbot Technologies LLC Hedge Fund•Quant	$11.4M 69.9K shares
Gradient Investments LLC RIA/Wealth	$10.0M 61.2K shares
NICHOLAS CO INC /WI Long Only Manager	$7.9M 48.4K shares
C CAMDEN NATIONAL BANK Institution	$7.8M 48.1K shares
E Empire Life Investments Inc. Institution	$7.7M 47.5K shares

Options Activity

Institutions with the largest Call and Put options positions in STZ as of Q3 2025

Call Positions: 37
Call Value: $859.9M
Put Positions: 42
Put Value: $987.7M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$157.3M 11.7K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$152.5M 11.3K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$121.2M 9.0K contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$83.3M 6.2K contracts
J JANE STREET GROUP, LLC Institution	$63.1M 4.7K contracts
W WOLVERINE TRADING, LLC Institution	$44.2M 3.2K contracts
Walleye Trading LLC RIA/Wealth	$37.9M 2.8K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$29.7M 2.2K contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$27.9M 2.1K contracts
Toroso Investments, LLC ETF Provider	$18.6M 1.4K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$348.4M 25.9K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$129.4M 9.6K contracts
J JANE STREET GROUP, LLC Institution	$112.6M 8.4K contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$53.1M 3.9K contracts
W WOLVERINE TRADING, LLC Institution	$34.9M 2.6K contracts
Walleye Trading LLC RIA/Wealth	$34.0M 2.5K contracts
Caption Management, LLC Hedge Fund•Long/Short	$32.9M 2.4K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$31.6M 2.3K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$23.1M 1.7K contracts
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	$22.0M 1.6K contracts

Most Committed Institutions

Institutions with STZ as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Empyrean Capital Partners, LP Hedge Fund•Event Driven	Amos Meron CIO	3.16% $60.7M	0.26% 451.0K shares	Q3 2025 Held for 3 months	$1.9B
C COERENTE CAPITAL MANAGEMENT Institution	-	2.66% $15.0M	0.06% 111.2K shares	Q1 2021 Held for 4y 9m	$563.0M
H Hook Mill Capital Partners, LP Institution	-	2.65% $29.2M	0.12% 217.0K shares	Q2 2025 Held for 6 months	$1.1B
E ELLERSON GROUP INC /ADV Institution	-	2.07% $3.3M	0.01% 24.7K shares	Q1 2025 Held for 9 months	$160.7M
Koa Wealth Management, LLC RIA/Wealth	Michael Frederick Souza CEO	1.68% $2.3M	0.01% 16.8K shares	Q4 2023 Held for 2 years	$134.9M
Arlington Partners LLC RIA/Wealth	Kenneth Howell Polk CEO	1.65% $4.8M	0.02% 35.4K shares	Q2 2025 Held for 6 months	$289.4M
DLK Investment Management, LLC RIA/Wealth	Donald Ogden Dempster President	1.59% $4.2M	0.02% 31.3K shares	Q1 2025 Held for 9 months	$265.5M
Hillman Capital Management, Inc. Long Only Manager	Mark Alan Hillman CEO	1.47% $2.5M	0.01% 18.8K shares	Q4 2020 Held for 5 years	$171.8M
G Grantham, Mayo, Van Otterloo & Co. LLC Long Only Manager	William Michael May Owner	1.41% $499.8M	2.10% 3.7M shares	Q2 2021 Held for 4y 6m	$35.4B
Coho Partners, Ltd. Long Only Manager	Glenn Alan Dever President	1.40% $10.9M	0.05% 81.2K shares	Q2 2024 Held for 1y 6m	$779.1M

Hedge Fund Spotlight

Discover hedge funds investing in STZ

TWO SIGMA INVESTMENTS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerScott David Hoffman

Portfolio Value: $62.0B
Positions: 3,253
Last Reported: Q3 2025

Sector Allocation

Position in Constellation Brands

Market Value: $11.9M
Shares Held: 88.7K
Portfolio Weight: 0.02%
Owned Since: 2025-Q1

Top Holding	Sector	Market Value	Weight
1 SPDR S&P 500 ETF Trust SPY	ETF ETF	$680.4M	1.10%
2 Financial Select Sector SPDR Fund XLF	ETF ETF	$582.6M	0.94%
3 Consumer Staples Select Sector SPDR Fund XLP	ETF ETF	$489.6M	0.79%