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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
US Bancorp
151
US Bancorp
Minnesota
$176K -$11K -249 -6%
Public Employees Retirement Association of Colorado
152
Public Employees Retirement Association of Colorado
Colorado
$160K
Pacer Advisors
153
Pacer Advisors
Pennsylvania
$157K +$36.1K +821 +29%
PNC Financial Services Group
154
PNC Financial Services Group
Pennsylvania
$155K +$88 +2 +0.1%
Jones Financial Companies
155
Jones Financial Companies
Missouri
$135K +$45.9K +1,042 +49%
C
156
Covestor
United Kingdom
$133K -$14.5K -330 -10%
AIP
157
Ameritas Investment Partners
Nebraska
$102K
PA
158
Parallel Advisors
California
$100K +$43.3K +984 +74%
TRCT
159
Tower Research Capital (TRC)
New York
$100K +$54.8K +1,246 +117%
IA
160
IFP Advisors
Florida
$66.8K -$16.4K -373 -20%
HNB
161
Huntington National Bank
Ohio
$66.5K +$2.46K +56 +4%
EAM
162
Eukles Asset Management
Ohio
$63K
S
163
SignatureFD
Georgia
$59.5K +$34.9K +794 +137%
Northwestern Mutual Wealth Management
164
Northwestern Mutual Wealth Management
Wisconsin
$55.4K +$704 +16 +1%
QL
165
Quarry LP
New York
$52.5K +$53.4K +1,213 New
FMTCOCP
166
Farmers & Merchants Trust Co of Chambersburg PA
Pennsylvania
$49K
Carson Wealth (CWM LLC)
167
Carson Wealth (CWM LLC)
Nebraska
$45K -$22.1K -502 -32%
Osaic Holdings
168
Osaic Holdings
Arizona
$44K +$18.8K +428 +73%
NFSG
169
Newbridge Financial Services Group
Florida
$40.2K
ACM
170
Aster Capital Management
United Arab Emirates
$32.8K -$25.1K -570 -43%
HT
171
Headlands Technologies
Illinois
$30.1K -$462K -10,510 -94%
VCM
172
Versant Capital Management
Arizona
$29.1K +$5.81K +132 +24%
GSWM
173
Golden State Wealth Management
California
$17.7K
Nisa Investment Advisors
174
Nisa Investment Advisors
Missouri
$17.5K +$1.1K +25 +7%
BCM
175
Boreal Capital Management
Florida
$17.3K +$17.6K +400 New

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.