NewAge, Inc. Common Stock (Delaware)
NBEV
NBEV was delisted on the 7th of September, 2022.
30 hedge funds and large institutions have $9.43M invested in NewAge, Inc. Common Stock (Delaware) in 2017 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 8 closing their positions.
9% less funds holding
Funds holding: 33 → 30 (-3)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
37% less capital invested
Capital invested by funds: $15.1M → $9.43M (-$5.65M)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGC
Pacific Grove Capital
San Francisco,
California
|
+$1.74M |
| 2 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$431K |
| 3 |
Renaissance Technologies
New York
|
+$247K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$247K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$80.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$906K |
| 2 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$609K |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$543K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$509K |
| 5 |
TCM
Timpani Capital Management
Milwaukee,
Wisconsin
|
-$247K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TL
26
TrueWealth LLC
Atlanta,
Georgia
| $10K | +$10.9K | +4,615 | New |
|
27
Bank of America
Charlotte,
North Carolina
| $6K | -$76.3K | -32,317 | -92% |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | – | – | – |
|
29
Simplex Trading
Chicago,
Illinois
| $1K | +$1.02K | +434 | +217% |
|
|
GIP
30
Granite Investment Partners
El Segundo,
California
| – | -$609K | -178,633 | Closed |
|
|
31
Allianz Asset Management
Munich,
Germany
| – | -$543K | -159,197 | Closed |
|
|
CBT
32
Capital Bank & Trust
Irvine,
California
| – | -$225K | -66,024 | Closed |
|
|
EIM
33
Essex Investment Management
Boston,
Massachusetts
| – | -$204K | -59,819 | Closed |
|
34
HighTower Advisors
Chicago,
Illinois
| – | -$69K | -20,346 | Closed |
|
35
Invesco
Atlanta,
Georgia
| – | -$61K | -17,871 | Closed |
|
|
PGIM
36
Pacific Global Investment Management
Glendale,
California
| – | -$51K | -14,849 | Closed |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | -$3K | -990 | Closed |
|
38
Barclays
London,
United Kingdom
| – | -$104 | -44 | -21% |
|
NBEV Hedge Fund Activity: Q4 2017 in Review
30 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in NewAge, Inc. Common Stock (Delaware) (NBEV) for Q4 2017, worth a combined $9.43M — down 37% from $15.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NBEV and 5 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 8 added.
The largest buyer was Pacific Grove Capital, adding an estimated $1.74M. The largest seller was Russell Investments Group, cutting an estimated $906K.
- 30 institutional investors held NewAge, Inc. Common Stock (Delaware) (NBEV) as of Q4 2017, down from 33 in Q3 2017.
- Funds reported $9.43M of NewAge, Inc. Common Stock (Delaware) stock for Q4 2017, down 37% quarter-over-quarter.
- 5 funds opened new NewAge, Inc. Common Stock (Delaware) positions in Q4 2017 and 8 closed out, a net change of -3 holders.
- The largest NewAge, Inc. Common Stock (Delaware) buyer in Q4 2017 was Pacific Grove Capital, an estimated $1.74M added.
- The largest NewAge, Inc. Common Stock (Delaware) seller in Q4 2017 was Russell Investments Group, an estimated $906K sold.
Based on aggregated 13F filings for Q4 2017.