NewAge, Inc. Common Stock (Delaware)
NBEV
NBEV was delisted on the 7th of September, 2022.
28 hedge funds and large institutions have $8.98M invested in NewAge, Inc. Common Stock (Delaware) in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 12 closing their positions.
74% more call options, than puts
Call options by funds: $184K | Put options by funds: $106K
4% less capital invested
Capital invested by funds: $9.4M → $8.98M (-$420K)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
18% less funds holding
Funds holding: 34 → 28 (-6)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Nepsis Inc
Minneapolis,
Minnesota
|
+$3.27M |
| 2 |
GC
Gratia Capital
Los Angeles,
California
|
+$1.11M |
| 3 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$424K |
| 4 |
1CM
1492 Capital Management
Milwaukee,
Wisconsin
|
+$143K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$52.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGC
Pacific Grove Capital
San Francisco,
California
|
-$1.5M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$1.14M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$435K |
| 4 |
TCM
Timpani Capital Management
Milwaukee,
Wisconsin
|
-$389K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$308K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $2K | -$34.8K | -18,500 | -94% |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $2K | +$1.52K | +806 | New |
|
|
MIM
28
Macroview Investment Management
Bethesda,
Maryland
| $1K | – | – | – |
|
|
PGC
29
Pacific Grove Capital
San Francisco,
California
| – | -$1.5M | -621,026 | Closed |
|
|
30
Russell Investments Group
London,
United Kingdom
| – | -$1.14M | -471,410 | Closed |
|
|
31
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$308K | -163,807 | Closed |
|
|
TCM
32
Timpani Capital Management
Milwaukee,
Wisconsin
| – | -$389K | -160,790 | Closed |
|
|
TSS
33
Two Sigma Securities
New York
| – | -$84K | -34,561 | Closed |
|
|
ARTA
34
A.R.T. Advisors
New York
| – | -$42K | -17,425 | Closed |
|
35
State Street
Boston,
Massachusetts
| – | -$32K | -13,544 | Closed |
|
36
Simplex Trading
Chicago,
Illinois
| – | -$16K | -6,827 | Closed |
|
|
WDL
37
Well Done LLC
Holland,
Michigan
| – | -$3K | -1,200 | Closed |
|
NBEV Hedge Fund Activity: Q2 2018 in Review
28 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in NewAge, Inc. Common Stock (Delaware) (NBEV) for Q2 2018, worth a combined $8.98M — down 4.5% from $9.4M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of NBEV and 6 opened new positions — a net loss of 6 holders — while 7 trimmed existing stakes and 6 added.
The largest buyer was Nepsis Inc, opening a new position worth an estimated $3.27M. The largest seller was Pacific Grove Capital, exiting entirely with an estimated $1.5M sold.
- 28 institutional investors held NewAge, Inc. Common Stock (Delaware) (NBEV) as of Q2 2018, down from 34 in Q1 2018.
- Funds reported $8.98M of NewAge, Inc. Common Stock (Delaware) stock for Q2 2018, down 4.5% quarter-over-quarter.
- 6 funds opened new NewAge, Inc. Common Stock (Delaware) positions in Q2 2018 and 12 closed out, a net change of -6 holders.
- The largest NewAge, Inc. Common Stock (Delaware) buyer in Q2 2018 was Nepsis Inc, an estimated $3.27M added.
- The largest NewAge, Inc. Common Stock (Delaware) seller in Q2 2018 was Pacific Grove Capital, an estimated $1.5M sold.
Based on aggregated 13F filings for Q2 2018.