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National Beverage

146 hedge funds and large institutions have $467M invested in National Beverage in 2016 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 47 increasing their positions, 37 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

203% more call options, than puts

Call options by funds: $69.9M | Put options by funds: $23.1M

88% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 24

27% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 37

17% more funds holding

Funds holding: 125146 (+21)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

6% less capital invested

Capital invested by funds: $495M → $467M (-$27.9M)

Holders
146
Holders Change
+21
Holders Change %
+16.8%
% of All Funds
3.89%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
45
Increased
47
Reduced
37
Closed
24
Calls
$69.9M
Puts
$23.1M
Net Calls
+$46.8M
Net Calls Change
+$42.6M
Name Holding Trade Value Shares
Change
Change in
Stake
PG
76
PEAK6 Group
Illinois
$486K +$593K +22,050 New
Neuberger Berman Group
77
Neuberger Berman Group
New York
$451K +$551K +20,488 New
Bessemer Group
78
Bessemer Group
New Jersey
$445K +$544K +20,200 New
MAM
79
Martingale Asset Management
Massachusetts
$445K +$544K +20,200 New
BA
80
BlackRock Advisors
Delaware
$439K +$233K +8,668 +77%
CEP
81
Chicago Equity Partners
Illinois
$433K +$38.2K +1,420 +8%
RFC
82
Regions Financial Corp
Alabama
$412K +$504K +18,724 New
Manulife (Manufacturers Life Insurance)
83
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$393K -$108 -4 -0%
HCM
84
Highbridge Capital Management
New York
$389K +$476K +17,676 New
AIM
85
Alambic Investment Management
California
$379K +$463K +17,200 New
UBS AM
86
UBS AM
Illinois
$374K +$53.8K +2,000 +13%
HHC
87
Hutchin Hill Capital
New York
$374K +$458K +17,000 New
EA
88
Emerald Acquisition
Washington
$370K -$2.27M -84,490 -83%
Cambridge Investment Research Advisors
89
Cambridge Investment Research Advisors
Iowa
$367K +$448K +16,644 New
MLICM
90
Metropolitan Life Insurance Company (MetLife)
New York
$357K -$30.3K -1,126 -7%
AA
91
ALPS Advisors
Colorado
$350K +$427K +15,874 New
NFA
92
Nationwide Fund Advisors
Ohio
$337K
State Board of Administration of Florida Retirement System
93
State Board of Administration of Florida Retirement System
Florida
$336K -$24.8K -920 -6%
BF
94
BOK Financial
Oklahoma
$334K -$94.1K -3,496 -19%
RA
95
Rational Advisors
New York
$319K
RJA
96
Raymond James & Associates
Florida
$317K +$387K +14,378 New
AGM
97
Alpine Global Management
New York
$311K +$380K +14,104 New
BG
98
BlackRock Group
United Kingdom
$307K +$13.6K +504 +4%
AIG
99
American International Group
New York
$297K +$538 +20 +0.1%
QC
100
Quadrature Capital
United Kingdom
$292K +$357K +13,262 New

FIZZ Hedge Fund Activity: Q3 2016 in Review

146 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in National Beverage (FIZZ) for Q3 2016, worth a combined $467M — down 5.6% from $495M a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new FIZZ positions and 24 closed out — a net gain of 21 holders — while 47 added to existing stakes and 37 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $25.6M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $11.4M.

  • 146 institutional investors held National Beverage (FIZZ) as of Q3 2016, up from 125 in Q2 2016.
  • Funds reported $467M of National Beverage stock for Q3 2016, down 5.6% quarter-over-quarter.
  • 45 funds opened new National Beverage positions in Q3 2016 and 24 closed out, a net change of +21 holders.
  • The largest National Beverage buyer in Q3 2016 was Royal Bank of Canada, an estimated $25.6M added.
  • The largest National Beverage seller in Q3 2016 was Kayne Anderson Rudnick Investment Management, an estimated $11.4M sold.

Based on aggregated 13F filings for Q3 2016.