NewAge, Inc. Common Stock (Delaware)
NBEV
NBEV was delisted on the 7th of September, 2022.
33 hedge funds and large institutions have $15.1M invested in NewAge, Inc. Common Stock (Delaware) in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 14 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
3% more funds holding
Funds holding: 32 → 33 (+1)
39% less capital invested
Capital invested by funds: $24.7M → $15.1M (-$9.58M)
57% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$1.22M |
| 2 |
PGC
Pacific Grove Capital
San Francisco,
California
|
+$1M |
| 3 |
BlackRock
New York
|
+$228K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$148K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$89.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$1.4M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$1.1M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$910K |
| 4 |
TCM
Timpani Capital Management
Milwaukee,
Wisconsin
|
-$427K |
| 5 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$395K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $38K | +$46.9K | +11,061 | New |
|
|
CG
27
Cutler Group
San Francisco,
California
| $25K | +$31.6K | +7,459 | New |
|
28
UBS Group
Zurich,
Switzerland
| $21K | -$14.6K | -3,436 | -36% |
|
29
Morgan Stanley
New York
| $8K | -$272K | -64,180 | -96% |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | -$6.62K | -1,562 | -51% |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $3K | +$3.22K | +759 | +329% |
|
32
Barclays
London,
United Kingdom
| $1K | +$873 | +206 | New |
|
|
DCM
33
Driehaus Capital Management
Chicago,
Illinois
| – | -$1.4M | -272,230 | Closed |
|
|
EI
34
EAM Investors
Solana Beach,
California
| – | -$1.1M | -215,133 | Closed |
|
35
Citadel Advisors
Miami,
Florida
| – | -$56K | -11,005 | Closed |
|
|
MLM
36
Mount Lucas Management
Newtown,
Pennsylvania
| – | -$51K | -10,000 | Closed |
|
37
Wells Fargo
San Francisco,
California
| – | -$10K | -1,892 | Closed |
|
38
Creative Planning
Overland Park,
Kansas
| – | -$3K | -500 | Closed |
|
39
Simplex Trading
Chicago,
Illinois
| – | +$847 | +200 | New |
|
NBEV Hedge Fund Activity: Q3 2017 in Review
33 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in NewAge, Inc. Common Stock (Delaware) (NBEV) for Q3 2017, worth a combined $15.1M — down 39% from $24.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NBEV positions and 6 closed out — a net gain of 2 holders — while 6 added to existing stakes and 14 trimmed.
The largest buyer was Cadence Capital Management, opening a new position worth an estimated $1.22M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $1.4M sold.
- 33 institutional investors held NewAge, Inc. Common Stock (Delaware) (NBEV) as of Q3 2017, up from 32 in Q2 2017.
- Funds reported $15.1M of NewAge, Inc. Common Stock (Delaware) stock for Q3 2017, down 39% quarter-over-quarter.
- 8 funds opened new NewAge, Inc. Common Stock (Delaware) positions in Q3 2017 and 6 closed out, a net change of +2 holders.
- The largest NewAge, Inc. Common Stock (Delaware) buyer in Q3 2017 was Cadence Capital Management, an estimated $1.22M added.
- The largest NewAge, Inc. Common Stock (Delaware) seller in Q3 2017 was Driehaus Capital Management, an estimated $1.4M sold.
Based on aggregated 13F filings for Q3 2017.