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National Beverage

178 hedge funds and large institutions have $971M invested in National Beverage in 2018 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 47 increasing their positions, 69 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more call options, than puts

Call options by funds: $28.2M | Put options by funds: $26.9M

0.41% more ownership

Funds ownership: 46.42%46.83% (+0.41%)

8% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 36

2% less funds holding

Funds holding: 182178 (-4)

8% less capital invested

Capital invested by funds: $1.05B → $971M (-$82.7M)

32% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 69

Holders
178
Holders Change
-4
Holders Change %
-2.2%
% of All Funds
4.08%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
33
Increased
47
Reduced
69
Closed
36
Calls
$28.2M
Puts
$26.9M
Net Calls
+$1.3M
Net Calls Change
+$15.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
1
Renaissance Technologies
New York
$145M +$22.6M +459,600 +16%
Vanguard Group
2
Vanguard Group
Pennsylvania
$142M +$8.87M +180,170 +6%
Kayne Anderson Rudnick Investment Management
3
Kayne Anderson Rudnick Investment Management
California
$69.8M +$10.5M +214,252 +16%
BlackRock
4
BlackRock
New York
$69.7M -$2.29M -46,540 -3%
Wells Fargo
5
Wells Fargo
California
$65M +$18.3M +372,166 +34%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$57.3M -$2.9M -58,906 -4%
JIM
7
Jupiter Investment Management
United Kingdom
$52.6M +$18.9M +385,102 +48%
Arrowstreet Capital
8
Arrowstreet Capital
Massachusetts
$38.6M -$3.32M -67,404 -7%
GI
9
GAMCO Investors
Connecticut
$21.9M -$1.07M -21,738 -4%
State Street
10
State Street
Massachusetts
$20.8M -$558K -11,342 -2%
Northern Trust
11
Northern Trust
Illinois
$19.2M -$174K -3,528 -0.8%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$15.2M -$1.65M -33,558 -9%
AQR Capital Management
13
AQR Capital Management
Connecticut
$13.4M -$3.08M -62,506 -17%
Capital Fund Management (CFM)
14
Capital Fund Management (CFM)
France
$13.2M +$11.2M +226,966 +327%
CS
15
Credit Suisse
Switzerland
$10.8M +$1.62M +32,872 +16%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$10.7M +$45.6K +926 +0.4%
Morgan Stanley
17
Morgan Stanley
New York
$9.96M -$8.37M -170,030 -43%
Goldman Sachs
18
Goldman Sachs
New York
$9.65M -$2.32M -47,088 -18%
Acadian Asset Management
19
Acadian Asset Management
Massachusetts
$8.05M -$5.21M -105,920 -37%
VOYA Investment Management
20
VOYA Investment Management
Georgia
$7.68M +$7.97M +162,062 +1,540%
HW
21
Hancock Whitney
Mississippi
$7.58M +$22.2K +452 +0.3%
Grantham, Mayo, Van Otterloo & Co (GMO)
22
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$7.12M
Charles Schwab
23
Charles Schwab
California
$6.99M +$585K +11,894 +8%
PA
24
Pinnacle Associates
New York
$6.07M -$2.47M -50,120 -27%
Allianz Asset Management
25
Allianz Asset Management
Germany
$5.42M -$2.2M -44,786 -27%

FIZZ Hedge Fund Activity: Q1 2018 in Review

178 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in National Beverage (FIZZ) for Q1 2018, worth a combined $971M — down 7.8% from $1.05B a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of FIZZ and 33 opened new positions — a net loss of 3 holders — while 69 trimmed existing stakes and 47 added.

The largest buyer was Renaissance Technologies, adding an estimated $22.6M. The largest seller was Invesco, cutting an estimated $15.4M.

  • 178 institutional investors held National Beverage (FIZZ) as of Q1 2018, down from 182 in Q4 2017.
  • Funds reported $971M of National Beverage stock for Q1 2018, down 7.8% quarter-over-quarter.
  • 33 funds opened new National Beverage positions in Q1 2018 and 36 closed out, a net change of -3 holders.
  • The largest National Beverage buyer in Q1 2018 was Renaissance Technologies, an estimated $22.6M added.
  • The largest National Beverage seller in Q1 2018 was Invesco, an estimated $15.4M sold.

Based on aggregated 13F filings for Q1 2018.