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National Beverage

182 hedge funds and large institutions have $1.05B invested in National Beverage in 2017 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 57 increasing their positions, 45 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 31

27% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 45

16% more funds holding

Funds holding: 157182 (+25)

3.43% more ownership

Funds ownership: 42.99%46.42% (+3.4%)

15% less capital invested

Capital invested by funds: $1.24B → $1.05B (-$188M)

29% less call options, than puts

Call options by funds: $34.7M | Put options by funds: $48.7M

Holders
182
Holders Change
+25
Holders Change %
+15.92%
% of All Funds
4.13%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
56
Increased
57
Reduced
45
Closed
31
Calls
$34.7M
Puts
$48.7M
Net Calls
-$14M
Net Calls Change
-$9.65M
Name Holding Trade Value Shares
Change
Change in
Stake
RhumbLine Advisers
51
RhumbLine Advisers
Massachusetts
$2.14M -$208K -4,046 -8%
TA
52
Teachers Advisors
New York
$2.09M
Bank of America
53
Bank of America
North Carolina
$2.02M +$671K +13,078 +46%
Swiss National Bank
54
Swiss National Bank
Switzerland
$1.99M +$123K +2,400 +6%
PPA
55
Parametric Portfolio Associates
Washington
$1.91M -$334K -6,518 -14%
GC
56
Guggenheim Capital
Illinois
$1.87M +$125K +2,444 +7%
GAM
57
Gotham Asset Management
New York
$1.82M +$1.92M +37,406 New
California State Teachers Retirement System (CalSTRS)
58
California State Teachers Retirement System (CalSTRS)
California
$1.8M -$30.6K -596 -2%
Hudson Bay Capital Management
59
Hudson Bay Capital Management
Connecticut
$1.76M -$1.54M -30,000 -45%
AIM
60
Alambic Investment Management
California
$1.74M +$1.46M +28,400 +384%
Norges Bank
61
Norges Bank
Norway
$1.71M -$1.85M -36,090 -51%
California Public Employees Retirement System
62
California Public Employees Retirement System
California
$1.51M +$270K +5,268 +20%
Royal Bank of Canada
63
Royal Bank of Canada
Ontario, Canada
$1.47M -$1.08M -21,020 -41%
CIP
64
Convergence Investment Partners
Florida
$1.35M +$1.42M +27,722 New
New York State Common Retirement Fund
65
New York State Common Retirement Fund
New York
$1.3M
CSS
66
Cubist Systematic Strategies
Connecticut
$1.25M +$1.32M +25,650 New
Axa
67
Axa
France
$1.24M -$523K -10,200 -29%
HCM
68
HMS Capital Management
Tennessee
$1.17M +$116K +2,266 +10%
LPL Financial
69
LPL Financial
California
$1.09M -$89.6K -1,748 -7%
VRS
70
Virginia Retirement Systems
Virginia
$1.08M -$133K -2,600 -10%
CIA
71
Capital Impact Advisors
Massachusetts
$1.07M
BNP Paribas Financial Markets
72
BNP Paribas Financial Markets
France
$1.04M +$463K +9,030 +73%
Federated Hermes
73
Federated Hermes
Pennsylvania
$1.01M -$613K -11,956 -37%
CL
74
CIM LLC
New York
$996K +$34.6K +674 +3%
FDCDDQ
75
Federation des caisses Desjardins du Quebec
Quebec, Canada
$982K

FIZZ Hedge Fund Activity: Q4 2017 in Review

182 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in National Beverage (FIZZ) for Q4 2017, worth a combined $1.05B — down 15% from $1.24B a quarter earlier.

Buyers outnumbered sellers: 56 funds opened new FIZZ positions and 31 closed out — a net gain of 25 holders — while 57 added to existing stakes and 45 trimmed.

The largest buyer was Renaissance Technologies, adding an estimated $50.2M. The largest seller was Fidelity Investments, exiting entirely with an estimated $108M sold.

  • 182 institutional investors held National Beverage (FIZZ) as of Q4 2017, up from 157 in Q3 2017.
  • Funds reported $1.05B of National Beverage stock for Q4 2017, down 15% quarter-over-quarter.
  • 56 funds opened new National Beverage positions in Q4 2017 and 31 closed out, a net change of +25 holders.
  • The largest National Beverage buyer in Q4 2017 was Renaissance Technologies, an estimated $50.2M added.
  • The largest National Beverage seller in Q4 2017 was Fidelity Investments, an estimated $108M sold.

Based on aggregated 13F filings for Q4 2017.