Is Anheuser-Busch InBev SA/NV (ADR) (BUD) A Good Stock To Buy?

As one would reasonably expect, specific money managers have been driving this bullishness. OZ Management, managed by Daniel S. Och, assembled the most outsized call position in Anheuser-Busch InBev SA/NV (ADR) (NYSE:BUD). OZ Management had $254.2 million invested in the company at the end of the quarter. Chase Coleman’s Tiger Global Management LLC also initiated a $200.4 million position during the quarter. The other funds with brand new BUD positions are Israel Englander’s Millennium Management, Matthew Mark’s Jet Capital Investors, and Jim Simons’ Renaissance Technologies.

Let’s now take a look at hedge fund activity in other stocks similar to Anheuser-Busch InBev SA/NV (ADR) (NYSE:BUD). We will take a look at Bank of America Corp (NYSE:BAC), Nippon Telegraph & Telephone Corp (ADR) (NYSE:NTT), Oracle Corporation (NASDAQ:ORCL), and Visa Inc (NYSE:V). This group of stocks’ market caps are closest to BUD’s market cap.

As you can see these stocks had an average of 69.75 hedge funds with bullish positions and the average amount invested in these stocks was $5606 million. That figure was $5339 million in BUD’s case. Bank of America Corp (NYSE:BAC) is the most popular stock in this table. On the other hand Nippon Telegraph & Telephone Corp (ADR) (NYSE:NTT) is the least popular one with only 12 bullish hedge fund positions. Anheuser-Busch InBev SA/NV (ADR) (NYSE:BUD) is not the least popular stock in this group but hedge fund interest is still below average. This is a slightly negative signal and we’d rather spend our time researching stocks that hedge funds are piling on. In this regard BAC might be a better candidate to consider a long position.