NewAge, Inc. Common Stock (Delaware)
NBEV
NBEV was delisted on the 7th of September, 2022.
81 hedge funds and large institutions have $5.69M invested in NewAge, Inc. Common Stock (Delaware) in 2022 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 18 increasing their positions, 22 reducing their positions, and 24 closing their positions.
189% more call options, than puts
Call options by funds: $26K | Put options by funds: $9K
12% less funds holding
Funds holding: 92 → 81 (-11)
18% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 22
38% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 24
72% less capital invested
Capital invested by funds: $20.1M → $5.69M (-$14.4M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TF
Trek Financial
Scottsdale,
Arizona
|
+$1.05M |
| 2 |
Millennium Management
New York
|
+$370K |
| 3 |
E
Ergoteles
New York
|
+$248K |
| 4 |
Renaissance Technologies
New York
|
+$132K |
| 5 |
Goldman Sachs
New York
|
+$62.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$2.48M |
| 2 |
MC
Merlin Capital
Newport,
Rhode Island
|
-$882K |
| 3 |
State Street
Boston,
Massachusetts
|
-$625K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$396K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$340K |
NBEV Hedge Fund Activity: Q2 2022 in Review
81 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in NewAge, Inc. Common Stock (Delaware) (NBEV) for Q2 2022, worth a combined $5.69M — down 72% from $20.1M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of NBEV and 15 opened new positions — a net loss of 9 holders — while 22 trimmed existing stakes and 18 added.
The largest buyer was Trek Financial, adding an estimated $1.05M. The largest seller was BlackRock, cutting an estimated $2.48M.
- 81 institutional investors held NewAge, Inc. Common Stock (Delaware) (NBEV) as of Q2 2022, down from 92 in Q1 2022.
- Funds reported $5.69M of NewAge, Inc. Common Stock (Delaware) stock for Q2 2022, down 72% quarter-over-quarter.
- 15 funds opened new NewAge, Inc. Common Stock (Delaware) positions in Q2 2022 and 24 closed out, a net change of -9 holders.
- The largest NewAge, Inc. Common Stock (Delaware) buyer in Q2 2022 was Trek Financial, an estimated $1.05M added.
- The largest NewAge, Inc. Common Stock (Delaware) seller in Q2 2022 was BlackRock, an estimated $2.48M sold.
Based on aggregated 13F filings for Q2 2022.