Constellation Brands, Inc. filing shows Capital World Investors reports beneficial ownership of 12,494,131 shares of Common Stock, equal to 7.2% of 173,384,625 shares believed outstanding. The filer reports sole voting power for 12,301,016 shares and sole dispositive power for 12,494,131 shares.
The filing identifies Capital World Investors as a division of Capital Research and Management Company and related investment management entities. The filing is signed by a Capital Research and Management Company officer and dated 05/13/2026.
Positive
None.
Negative
None.
Insights
Large passive position disclosed: 7.2% stake in Constellation Brands.
Capital World Investors reports beneficial ownership of 12,494,131 shares, representing 7.2% of the issuer's common stock as stated. The filing attributes ownership to investment management entities operating under the name Capital World Investors.
The disclosure lists specific voting and dispositive powers: sole voting power over 12,301,016 shares and sole dispositive power over 12,494,131 shares. Subsequent filings will show if this position changes.
Key Figures
Beneficial ownership:12,494,131 sharesPercent of class:7.2%Shares outstanding (basis):173,384,625 shares+2 more
Percent of class7.2%Of 173,384,625 shares believed outstanding
Shares outstanding (basis)173,384,625 sharesShares believed to be outstanding as stated
Sole voting power12,301,016 sharesSole power to vote or direct the vote
Sole dispositive power12,494,131 sharesSole power to dispose or direct disposition
Key Terms
Schedule 13G, Beneficial ownership, Sole dispositive power
3 terms
Schedule 13Gregulatory
"Capital World Investors files a Schedule 13G reporting beneficial ownership"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficial ownershipfinancial
"CWI is deemed to be the beneficial owner of 12,494,131 shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Sole dispositive powerregulatory
"Sole power to dispose or to direct the disposition of: 12,494,131"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Constellation Brands, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
21036P108
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
21036P108
1
Names of Reporting Persons
Capital World Investors
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
12,301,016.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
12,494,131.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
12,494,131.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.2 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Constellation Brands, Inc.
(b)
Address of issuer's principal executive offices:
50 EAST BROAD STREET, ROCHESTER, NY 14614
Item 2.
(a)
Name of person filing:
Capital World Investors
(b)
Address or principal business office or, if none, residence:
333 SOUTH HOPE STREET, 55TH FLOOR, LOS ANGELES, CALIFORNIA 90071
(c)
Citizenship:
N/A
(d)
Title of class of securities:
Common Stock
(e)
CUSIP Number(s):
21036P108
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
12,494,131 **
**Capital World Investors ("CWI") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CWI's divisions of each of the investment management entities collectively provide investment management services under the name "Capital World Investors." CWI is deemed to be the beneficial owner of 12,494,131 shares or 7.2% of the 173,384,625 shares believed to be outstanding.
(b)
Percent of class:
7.2 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
12,301,016
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
12,494,131
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Capital World Investors
Signature:
Jae Won Chung
Name/Title:
Senior Vice President and Associate General Counsel, Capital Research and Management Company
What stake does Capital World Investors report in Constellation Brands (STZ)?
Capital World Investors reports beneficial ownership of 12,494,131 shares, equal to 7.2% of the 173,384,625 shares believed outstanding as stated in the filing.
Does Capital World Investors have voting control over its STZ shares?
Yes. The filing reports sole voting power for 12,301,016 shares and shared voting power of 0, per the Schedule 13G disclosure.
Who is the filer and when was the Schedule 13G signed?
The filer is Capital World Investors, a division of Capital Research and Management Company and affiliates. The Schedule 13G is signed by an officer and dated 05/13/2026.
How many Constellation Brands shares does the filing say are outstanding?
The filing states there are 173,384,625 shares believed to be outstanding, which is the basis for the reported 7.2% ownership percentage.
Are the dispositive powers for the reported STZ shares sole or shared?
The Schedule 13G reports sole dispositive power over 12,494,131 shares and shared dispositive power of 0, as disclosed by the filer.
