National Beverage
FIZZ
161 hedge funds and large institutions have $690M invested in National Beverage in 2019 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 73 increasing their positions, 25 reducing their positions, and 54 closing their positions.
192% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 25
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
8.26% more ownership
Funds ownership: 24.87% → 33.13% (+8.3%)
3% more capital invested
Capital invested by funds: $670M → $690M (+$19.7M)
13% less funds holding
Funds holding: 186 → 161 (-25)
43% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 54
69% less call options, than puts
Call options by funds: $11.9M | Put options by funds: $37.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$23M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
+$16.9M |
| 3 |
Two Sigma Investments
New York
|
+$15.5M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$14.1M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$14.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
-$14.3M |
| 2 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
-$4.51M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.98M |
| 4 |
Capital Fund Management (CFM)
Paris,
France
|
-$1.94M |
| 5 |
KAM
Kavi Asset Management
New York
|
-$1.62M |
FIZZ Hedge Fund Activity: Q2 2019 in Review
161 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in National Beverage (FIZZ) for Q2 2019, worth a combined $690M — up 2.9% from $670M a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of FIZZ and 31 opened new positions — a net loss of 23 holders — while 25 trimmed existing stakes and 73 added.
The largest buyer was Morgan Stanley, adding an estimated $23M. The largest seller was Armistice Capital, exiting entirely with an estimated $14.3M sold.
- 161 institutional investors held National Beverage (FIZZ) as of Q2 2019, down from 186 in Q1 2019.
- Funds reported $690M of National Beverage stock for Q2 2019, up 2.9% quarter-over-quarter.
- 31 funds opened new National Beverage positions in Q2 2019 and 54 closed out, a net change of -23 holders.
- The largest National Beverage buyer in Q2 2019 was Morgan Stanley, an estimated $23M added.
- The largest National Beverage seller in Q2 2019 was Armistice Capital, an estimated $14.3M sold.
Based on aggregated 13F filings for Q2 2019.