Molson Coors Beverage Company

TAP and TAP.A • NYSE

Molson Coors Beverage Company is a beverages - alcoholic company in the consumer defensive sector on NYSE, led by Tracey Joubert, with a market cap of $9.4B. As of Q3 2025, 85% of shares are held by 620 institutional investors, with VANGUARD GROUP INC as the largest holder at 10.28%.

Chief Financial Officer of Molson Coors Brewing CompanyTracey Joubert

Market Cap$9.4B

Beverages - Alcoholic

Consumer Defensive

Employees16.5K

Websitemolsoncoors.com

Country

United States of America

Overview

Overview of institutional ownership in TAP and TAP.A as of Q3 2025 with a market cap of $8.9B

All Institutions

Institutions: 620
Value Held: $7.6B
Shares Held: 167.2M
Avg Position: $12.2M
Median Position: $620.7K

Hedge Funds

Hedge Funds: 36
Value Held: $532.4M
Shares Held: 11.8M
Avg Position: $14.8M
Median Position: $3.3M

Ownership Breakdown

Institutional (non-HF)

78.6%

$7.0B

Hedge Funds

5.95%

$532.4M

Retail & Other

15.45%

$1.4B

Based on market cap of $8.9B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in TAP and TAP.A as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$920.1M 0.01% of portfolio	10.28% 20.3M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
DODGE & COX Long Only Manager	Dana Morton Emery CEO	$843.1M 0.45% of portfolio	9.42% 18.6M shares	Q2 2018 Held for 7y 5m	$185.33B
B BlackRock, Inc. Institution	-	$660.0M 0.01% of portfolio	7.38% 14.6M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$475.9M 0.02% of portfolio	5.32% 10.5M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$290.7M 0.06% of portfolio	3.25% 6.4M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
L LSV ASSET MANAGEMENT Long Only Manager	Josef Nmn Lakonishok CEO	$271.0M 0.60% of portfolio	3.03% 6.0M shares	Q1 2018 Held for 7y 8m	$45.1B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$203.1M 0.01% of portfolio	2.28% 4.5M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$200.5M 0.03% of portfolio	2.24% 4.4M shares	≤ Q2 2013 Held for 12y 5m+	$633.08B
Bank of New York Mellon Corp Institution	Robin Vince CEO	$168.0M 0.03% of portfolio	1.88% 3.7M shares	≤ Q2 2013 Held for 12y 5m+	$556.34B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$162.8M 0.01% of portfolio	1.82% 3.6M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T

Net Capital Flow

Institutional buying and selling activity for TAP and TAP.A in Q3 2025

Traded: +$237.1M
Buyers: 292
Sellers: 338
Total Bought: +$859.6M
Total Sold: −$622.5M
Avg Position: $10.7M

Biggest Buyers

Institution	Net Bought	Current Position
DODGE & COX Long Only Manager	+$191.6M +4.2M shares	$843.1M 18.6M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$93.1M +2.1M shares	$150.1M 3.3M shares
STATE STREET CORP Institution	+$76.6M +1.7M shares	$475.9M 10.5M shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$54.1M +1.2M shares	$290.7M 6.4M shares
CITIGROUP INC Institution	+$36.9M +815.3K shares	$61.7M 1.4M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$36.2M +800.5K shares	$49.2M 1.1M shares
JPMORGAN CHASE & CO Institution	+$27.3M +603.6K shares	$74.2M 1.6M shares
V VIRGINIA RETIREMENT SYSTEMS ET AL Institution	+$27.3M +602.7K shares	$27.3M 602.7K shares
MORGAN STANLEY RIA/Wealth	+$21.0M +463.5K shares	$162.8M 3.6M shares
S Squarepoint Ops LLC Hedge Fund•Quant	+$20.5M +452.8K shares	$41.2M 910.1K shares

Biggest Sellers

Institution	Net Sold	Current Position
VANGUARD GROUP INC Institution	−$39.6M −874.3K shares	$920.1M 20.3M shares
River Road Asset Management, LLC Long Only Manager	−$36.0M −794.5K shares	$15.5M 342.7K shares
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC Fund of Funds	−$29.1M −643.2K shares	$13.5M 298.9K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$21.5M −474.7K shares	$42.6M 940.8K shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	−$21.0M −464.0K shares	$9.4M 207.0K shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	−$20.5M −453.2K shares	$117.6M 2.6M shares
Bank of New York Mellon Corp Institution	−$18.6M −412.1K shares	$168.0M 3.7M shares
A AustralianSuper Pty Ltd Institution	−$18.1M −399.3K shares	$23.7M 523.3K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$17.2M −383.5K shares	$101.7M 2.3M shares
A AXA Institution	−$15.8M −329.4K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited TAP and TAP.A in Q3 2025

New Positions: 21
New Value: $2.5M
Exited Positions: 88
Exited Value: $116.4M

New Positions

Institution	Position Value
Numerai GP LLC Hedge Fund•Quant	$503.6K 11.1K shares
Alethea Capital Management, LLC Hedge Fund•Multi-Strategy	$477.7K 10.6K shares
SILVER OAK SECURITIES, Inc RIA/Wealth	$415.8K 9.2K shares
McElhenny Sheffield Capital Management, LLC Long Only Manager	$304.7K 6.7K shares
VICTORY FINANCIAL GROUP, LLC RIA/Wealth	$252.5K 5.6K shares
C Corton Capital Inc. Institution	$240.0K 5.3K shares
V Vise Technologies, Inc. Institution	$231.8K 5.1K shares
R Root Financial Partners, LLC RIA/Wealth	$24.6K 544.0 shares
FOSTER DYKEMA CABOT & PARTNERS, LLC RIA/Wealth	$23.3K 516.0 shares
FINANCIAL CONSULATE, INC RIA/Wealth	$9.1K 200.0 shares

Exited Positions

Institution	Previous Position
A AXA Institution	$15.8M 329.4K shares
R Railway Pension Investments Ltd Institution	$12.5M 260.3K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	$11.6M 241.9K shares
R Ruffer LLP Long Only Manager	$8.8M 183.0K shares
Glenmede Investment Management, LP Long Only Manager	$7.8M 161.6K shares
I Investec Asset Management LTD Long Only Manager	$7.4M 154.7K shares
Q Qube Research & Technologies Ltd Institution	$6.3M 131.0K shares
J J. Goldman & Co LP Hedge Fund•Multi-Strategy	$4.0M 83.1K shares
CWA Asset Management Group, LLC RIA/Wealth	$3.3M 68.7K shares
D D. E. Shaw & Co., Inc. Institution	$2.7M 56.4K shares

Options Activity

Institutions with the largest Call and Put options positions in TAP and TAP.A as of Q3 2025

Call Positions: 18
Call Value: $60.4M
Put Positions: 12
Put Value: $68.1M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$11.6M 2.6K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$11.1M 2.4K contracts
BARCLAYS PLC Institution	$10.2M 2.3K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$6.0M 1.3K contracts
J JANE STREET GROUP, LLC Institution	$5.3M 1.2K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$4.2M 939.0 contracts
Private Capital Management, LLC RIA/Wealth	$3.2M 700.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$2.3M 502.0 contracts
Walleye Trading LLC RIA/Wealth	$1.4M 320.0 contracts
W WOLVERINE TRADING, LLC Institution	$1.4M 316.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$22.2M 4.9K contracts
BARCLAYS PLC Institution	$19.5M 4.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$14.2M 3.1K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$3.4M 755.0 contracts
W WOLVERINE TRADING, LLC Institution	$3.2M 703.0 contracts
J JANE STREET GROUP, LLC Institution	$1.4M 312.0 contracts
P PEAK6 LLC Institution	$1.2M 263.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$891.4K 197.0 contracts
Walleye Trading LLC RIA/Wealth	$665.2K 147.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$651.6K 144.0 contracts

Most Committed Institutions

Institutions with TAP and TAP.A as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
R Ranmore Fund Management Ltd Institution	-	9.11% $29.9M	0.33% 660.0K shares	Q4 2024 Held for 11 months	$327.8M
WILSEY ASSET MANAGEMENT INC RIA/Wealth	Brent Michael Wilsey CEO	4.91% $26.8M	0.30% 591.3K shares	Q3 2020 Held for 5y 2m	$545.3M
Clarkston Capital Partners LLC Long Only Manager	Jeffrey Anthony Hakala CEO	3.28% $152.2M	1.70% 3.4M shares	Q4 2018 Held for 6y 11m	$4.6B
W Wallace Capital Management Inc. Hedge Fund•Multi-Strategy	Christopher Lee Thomason President	2.97% $23.9M	0.27% 528.5K shares	Q3 2024 Held for 1y 2m	$804.5M
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN RIA/Wealth	Christopher George Cousins President	2.83% $58.4M	0.65% 1.3M shares	Q4 2024 Held for 11 months	$2.1B
R RWC Asset Management LLP Institution	-	2.73% $48.7M	0.54% 1.1M shares	Q3 2024 Held for 1y 2m	$1.8B
Carolina Wealth Advisors, LLC RIA/Wealth	Christopher David St. John CEO	1.90% $4.3M	0.05% 94.8K shares	Q3 2023 Held for 2y 2m	$225.3M
K KINGDON CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Long/Short	Mark Elliot Kingdon CEO	1.70% $10.9M	0.12% 240.2K shares	Q1 2023 Held for 2y 8m	$638.2M
Fluent Financial, LLC RIA/Wealth	Mitchell Steven Kramer Managing Partner	1.65% $4.1M	0.05% 91.5K shares	Q4 2022 Held for 2y 11m	$251.1M
Sage Capital Advisors,llc RIA/Wealth	Diana Marie Blair CCO	1.49% $6.2M	0.07% 137.5K shares	Q4 2019 Held for 5y 11m	$416.2M