Is it Wise to Invest in Anheuser-Busch InBev (BUD)?

Broyhill Asset Management, an investment management firm, published its fourth-quarter 2021 investor letter – a copy of which can be downloaded here. For the full year ending December 31, 2021, Broyhill generated low-to-mid-twenties returns on equities. Overall performance varied depending on individual account asset allocations, legacy positions, and capital flows. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.

Broyhill Asset Management, in its Q4 2021 investor letter, mentioned Anheuser-Busch InBev SA/NV (NYSE: BUD) and discussed its stance on the firm. Anheuser-Busch InBev SA/NV is a Leuven, Belgium-based drink company with a $110.2 billion market capitalization. BUD delivered a 4.13% return since the beginning of the year, while its 12-month returns are down by -2.19%. The stock closed at $63.05 per share on February 19, 2022.

Here is what Broyhill Asset Management has to say about Anheuser-Busch InBev SA/NV in its Q4 2021 investor letter:

“Shares of ABI struggled to buck the double-digit decline in emerging market indices in the second half of the year. Consensus concerns around commodity cost headwinds certainly didn’t help matters, but beyond short term margin pressures, both businesses continue to grow their profits as well as their economic moats. ABI controls over a quarter of the nearly $600 billion global beer market, based on Euromonitor data, and remains well positioned for a rebound in post-pandemic industry sales.”

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Our calculations show that Anheuser-Busch InBev SA/NV (NYSE: BUD) failed to obtain a mark on our list of the 30 Most Popular Stocks Among Hedge Funds. BUD was in 17 hedge fund portfolios at the end of the third quarter of 2021, compared to 11 funds in the previous quarter. Anheuser-Busch InBev SA/NV (NYSE: BUD) delivered a 7.70% return in the past 3 months.

In November 2021, we published an article that includes BUD in the 11 Best Liquor Stocks to Buy Right Now. You can find more than 100 investor letters from hedge funds and prominent investors on our hedge fund investor letters 2021 Q4 page.

Disclosure: None. This article is originally published at Insider Monkey.