NewAge, Inc. Common Stock (Delaware)
NBEV
NBEV was delisted on the 7th of September, 2022.
94 hedge funds and large institutions have $32.8M invested in NewAge, Inc. Common Stock (Delaware) in 2019 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 27 reducing their positions, and 16 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 27
5% less funds holding
Funds holding: 99 → 94 (-5)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
29% less capital invested
Capital invested by funds: $46.2M → $32.8M (-$13.3M)
65% less call options, than puts
Call options by funds: $734K | Put options by funds: $2.08M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.02M |
| 2 |
VF
Virtu Financial
New York
|
+$451K |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
+$439K |
| 4 |
State Street
Boston,
Massachusetts
|
+$422K |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$367K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$314K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$294K |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$155K |
| 4 |
Barclays
London,
United Kingdom
|
-$127K |
| 5 |
MIM
MetLife Investment Management
Whippany,
New Jersey
|
-$99.3K |
NBEV Hedge Fund Activity: Q4 2019 in Review
94 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in NewAge, Inc. Common Stock (Delaware) (NBEV) for Q4 2019, worth a combined $32.8M — down 29% from $46.2M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of NBEV and 12 opened new positions — a net loss of 4 holders — while 27 trimmed existing stakes and 29 added.
The largest buyer was BlackRock, adding an estimated $1.02M. The largest seller was Bank of Montreal, cutting an estimated $314K.
- 94 institutional investors held NewAge, Inc. Common Stock (Delaware) (NBEV) as of Q4 2019, down from 99 in Q3 2019.
- Funds reported $32.8M of NewAge, Inc. Common Stock (Delaware) stock for Q4 2019, down 29% quarter-over-quarter.
- 12 funds opened new NewAge, Inc. Common Stock (Delaware) positions in Q4 2019 and 16 closed out, a net change of -4 holders.
- The largest NewAge, Inc. Common Stock (Delaware) buyer in Q4 2019 was BlackRock, an estimated $1.02M added.
- The largest NewAge, Inc. Common Stock (Delaware) seller in Q4 2019 was Bank of Montreal, an estimated $314K sold.
Based on aggregated 13F filings for Q4 2019.