We are live on ! Find out more
FIZZ icon

National Beverage

233 hedge funds and large institutions have $1.01B invested in National Beverage in 2025 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 100 increasing their positions, 69 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

128% more call options, than puts

Call options by funds: $1.18M | Put options by funds: $519K

45% more repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 69

4% more capital invested

Capital invested by funds: $973M → $1.01B (+$41.7M)

0.05% more ownership

Funds ownership: 25.02%25.07% (+0.05%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less funds holding

Funds holding: 238233 (-5)

15% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 27

Holders
233
Holders Change
-5
Holders Change %
-2.1%
% of All Funds
3.07%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
23
Increased
100
Reduced
69
Closed
27
Calls
$1.18M
Puts
$519K
Net Calls
+$665K
Net Calls Change
-$41K
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
76
Citigroup
New York
$997K -$545K -12,384 -35%
CSS
77
Cubist Systematic Strategies
Connecticut
$993K -$146K -3,322 -13%
T. Rowe Price Associates
78
T. Rowe Price Associates
Maryland
$986K +$72.2K +1,640 +8%
JWCA
79
J.W. Cole Advisors
Florida
$938K
California State Teachers Retirement System (CalSTRS)
80
California State Teachers Retirement System (CalSTRS)
California
$936K -$10.1K -229 -1%
Assenagon Asset Management
81
Assenagon Asset Management
Luxembourg
$933K +$699K +15,875 +279%
FCM
82
Fieldview Capital Management
Michigan
$845K -$405K -9,195 -32%
Deutsche Bank
83
Deutsche Bank
Germany
$843K -$73.9K -1,679 -8%
Canada Life
84
Canada Life
Manitoba, Canada
$839K -$14.4K -328 -2%
SCM
85
Shelton Capital Management
Colorado
$825K
Royal Bank of Canada
86
Royal Bank of Canada
Ontario, Canada
$824K +$33.1K +753 +4%
RAM
87
Readystate Asset Management
Illinois
$775K +$789K +17,932 New
Creative Planning
88
Creative Planning
Kansas
$771K +$562K +12,777 +253%
Victory Capital Management
89
Victory Capital Management
Texas
$764K +$46.4K +1,054 +6%
Thrivent Financial for Lutherans
90
Thrivent Financial for Lutherans
Minnesota
$744K +$836 +19 +0.1%
Verition Fund Management
91
Verition Fund Management
Connecticut
$738K +$522K +11,859 +227%
LPL Financial
92
LPL Financial
California
$706K -$6.47K -147 -0.9%
AWM
93
Avior Wealth Management
Nebraska
$705K
State Board of Administration of Florida Retirement System
94
State Board of Administration of Florida Retirement System
Florida
$688K
Manulife (Manufacturers Life Insurance)
95
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$657K -$43.4K -987 -6%
IIM
96
INTECH Investment Management
Florida
$643K +$63.3K +1,439 +11%
Schroder Investment Management Group
97
Schroder Investment Management Group
United Kingdom
$628K +$17.3K +393 +3%
MIM
98
MetLife Investment Management
New Jersey
$611K +$3.26K +74 +0.5%
VOYA Investment Management
99
VOYA Investment Management
Georgia
$602K +$792 +18 +0.1%
SOADOR
100
State of Alaska Department of Revenue
Alaska
$601K +$42.2K +959 +7%

FIZZ Hedge Fund Activity: Q2 2025 in Review

233 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in National Beverage (FIZZ) for Q2 2025, worth a combined $1.01B — up 4.3% from $973M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of FIZZ and 23 opened new positions — a net loss of 4 holders — while 69 trimmed existing stakes and 100 added.

The largest buyer was Millennium Management, adding an estimated $6.26M. The largest seller was Cerity Partners, exiting entirely with an estimated $7.79M sold.

  • 233 institutional investors held National Beverage (FIZZ) as of Q2 2025, down from 238 in Q1 2025.
  • Funds reported $1.01B of National Beverage stock for Q2 2025, up 4.3% quarter-over-quarter.
  • 23 funds opened new National Beverage positions in Q2 2025 and 27 closed out, a net change of -4 holders.
  • The largest National Beverage buyer in Q2 2025 was Millennium Management, an estimated $6.26M added.
  • The largest National Beverage seller in Q2 2025 was Cerity Partners, an estimated $7.79M sold.

Based on aggregated 13F filings for Q2 2025.