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National Beverage

194 hedge funds and large institutions have $812M invested in National Beverage in 2018 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 55 increasing their positions, 64 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 32

7% more funds holding

Funds holding: 181194 (+13)

0.43% more ownership

Funds ownership: 48.04%48.48% (+0.43%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

14% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 64

27% less call options, than puts

Call options by funds: $13.6M | Put options by funds: $18.7M

38% less capital invested

Capital invested by funds: $1.3B → $812M (-$493M)

Holders
194
Holders Change
+13
Holders Change %
+7.18%
% of All Funds
4.32%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
45
Increased
55
Reduced
64
Closed
32
Calls
$13.6M
Puts
$18.7M
Net Calls
-$5.07M
Net Calls Change
-$32.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
1
Renaissance Technologies
New York
$166M +$35.3M +766,200 +20%
Vanguard Group
2
Vanguard Group
Pennsylvania
$88.8M -$14.5M -315,080 -11%
Kayne Anderson Rudnick Investment Management
3
Kayne Anderson Rudnick Investment Management
California
$59.9M +$2.16M +46,872 +3%
BlackRock
4
BlackRock
New York
$57.6M +$912K +19,808 +1%
Wells Fargo
5
Wells Fargo
California
$39.2M -$14.7M -318,384 -23%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$26.4M -$2.83M -61,468 -8%
WCM
7
Woodson Capital Management
Connecticut
$20.3M +$10.9M +236,272 +72%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$20.3M +$808K +17,544 +3%
State Street
9
State Street
Massachusetts
$17.2M -$269K -5,844 -1%
GI
10
GAMCO Investors
Connecticut
$16.1M +$441K +9,564 +2%
Deutsche Bank
11
Deutsche Bank
Germany
$15.4M -$4.25M -92,182 -18%
Northern Trust
12
Northern Trust
Illinois
$15.3M -$477K -10,358 -2%
Morgan Stanley
13
Morgan Stanley
New York
$15.1M +$15.1M +327,236 +353%
Man Group
14
Man Group
United Kingdom
$13.9M +$13.3M +288,998 +293%
Arrowstreet Capital
15
Arrowstreet Capital
Massachusetts
$13.7M -$3.8M -82,422 -18%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$12.2M +$1.4M +30,400 +10%
JIM
17
Jupiter Investment Management
United Kingdom
$12.1M -$6.45M -140,102 -29%
Goldman Sachs
18
Goldman Sachs
New York
$11.1M +$5.92M +128,536 +71%
Macquarie Group
19
Macquarie Group
Australia
$10.5M -$37.6M -815,944 -74%
Millennium Management
20
Millennium Management
New York
$8.81M +$11.3M +245,474 New
Bank of New York Mellon
21
Bank of New York Mellon
New York
$7.81M -$1.02M -22,176 -9%
Susquehanna International Group
22
Susquehanna International Group
Pennsylvania
$6.97M +$8.95M +194,246 New
Charles Schwab
23
Charles Schwab
California
$6.54M +$124K +2,694 +2%
HW
24
Hancock Whitney
Mississippi
$6.21M +$115K +2,494 +1%
Marshall Wace
25
Marshall Wace
United Kingdom
$5.92M +$7.6M +164,908 New

FIZZ Hedge Fund Activity: Q4 2018 in Review

194 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in National Beverage (FIZZ) for Q4 2018, worth a combined $812M — down 38% from $1.3B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new FIZZ positions and 32 closed out — a net gain of 13 holders — while 55 added to existing stakes and 64 trimmed.

The largest buyer was Renaissance Technologies, adding an estimated $35.3M. The largest seller was Macquarie Group, cutting an estimated $37.6M.

  • 194 institutional investors held National Beverage (FIZZ) as of Q4 2018, up from 181 in Q3 2018.
  • Funds reported $812M of National Beverage stock for Q4 2018, down 38% quarter-over-quarter.
  • 45 funds opened new National Beverage positions in Q4 2018 and 32 closed out, a net change of +13 holders.
  • The largest National Beverage buyer in Q4 2018 was Renaissance Technologies, an estimated $35.3M added.
  • The largest National Beverage seller in Q4 2018 was Macquarie Group, an estimated $37.6M sold.

Based on aggregated 13F filings for Q4 2018.