National Beverage
FIZZ
240 hedge funds and large institutions have $798M invested in National Beverage in 2026 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 95 increasing their positions, 66 reducing their positions, and 28 closing their positions.
641% more call options, than puts
Call options by funds: $2.3M | Put options by funds: $310K
61% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 28
44% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 66
6% more capital invested
Capital invested by funds: $752M → $798M (+$45.9M)
4% more funds holding
Funds holding: 230 → 240 (+10)
0.15% more ownership
Funds ownership: 25.19% → 25.34% (+0.15%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$13.2M |
| 2 |
Goldman Sachs
New York
|
+$10.2M |
| 3 |
Jones Financial Companies
Des Peres,
Missouri
|
+$8.73M |
| 4 |
BlackRock
New York
|
+$4.9M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$7.98M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$7.97M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$7.69M |
| 4 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
-$3.83M |
| 5 |
D.E. Shaw & Co
New York
|
-$2.75M |
FIZZ Hedge Fund Activity: Q1 2026 in Review
240 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in National Beverage (FIZZ) for Q1 2026, worth a combined $798M — up 6.1% from $752M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new FIZZ positions and 28 closed out — a net gain of 17 holders — while 95 added to existing stakes and 66 trimmed.
The largest buyer was Two Sigma Investments, adding an estimated $13.2M. The largest seller was Renaissance Technologies, cutting an estimated $7.98M.
- 240 institutional investors held National Beverage (FIZZ) as of Q1 2026, up from 230 in Q4 2025.
- Funds reported $798M of National Beverage stock for Q1 2026, up 6.1% quarter-over-quarter.
- 45 funds opened new National Beverage positions in Q1 2026 and 28 closed out, a net change of +17 holders.
- The largest National Beverage buyer in Q1 2026 was Two Sigma Investments, an estimated $13.2M added.
- The largest National Beverage seller in Q1 2026 was Renaissance Technologies, an estimated $7.98M sold.
Based on aggregated 13F filings for Q1 2026.