NewAge, Inc. Common Stock (Delaware)
NBEV
NBEV was delisted on the 7th of September, 2022.
99 hedge funds and large institutions have $46.2M invested in NewAge, Inc. Common Stock (Delaware) in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 34 increasing their positions, 26 reducing their positions, and 16 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 26
7% less funds holding
Funds holding: 106 → 99 (-7)
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
42% less call options, than puts
Call options by funds: $2.13M | Put options by funds: $3.64M
42% less capital invested
Capital invested by funds: $79.5M → $46.2M (-$33.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$2.37M |
| 2 |
BlackRock
New York
|
+$592K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$430K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$369K |
| 5 |
Goldman Sachs
New York
|
+$291K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$2.23M |
| 2 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$1.72M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.11M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$455K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$421K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
101
Truvestments Capital
Sarasota,
Florida
| – | -$12K | -2,500 | Closed |
|
|
KWM
102
Kingsview Wealth Management
Grants Pass,
Oregon
| – | -$9K | -2,016 | Closed |
|
|
SJIM
103
St. Johns Investment Management
Jacksonville,
Florida
| – | -$5K | -1,100 | Closed |
|
|
EWM
104
Executive Wealth Management
Brighton,
Michigan
| – | -$2K | -400 | Closed |
|
|
CFGS
105
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$1.38K | -391 | Closed |
|
|
TFA
106
Toth Financial Advisory
Leesburg,
Virginia
| – | -$1K | -200 | Closed |
|
107
Fidelity Investments
Boston,
Massachusetts
| – | +$353 | +100 | +10,000% |
|
|
RFM
108
Royal Fund Management
Lady Lake,
Florida
| – | +$791 | +224 | +224% |
|
NBEV Hedge Fund Activity: Q3 2019 in Review
99 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in NewAge, Inc. Common Stock (Delaware) (NBEV) for Q3 2019, worth a combined $46.2M — down 42% from $79.5M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of NBEV and 10 opened new positions — a net loss of 6 holders — while 26 trimmed existing stakes and 34 added.
The largest buyer was Northern Trust, adding an estimated $2.37M. The largest seller was JP Morgan Chase, cutting an estimated $2.23M.
- 99 institutional investors held NewAge, Inc. Common Stock (Delaware) (NBEV) as of Q3 2019, down from 106 in Q2 2019.
- Funds reported $46.2M of NewAge, Inc. Common Stock (Delaware) stock for Q3 2019, down 42% quarter-over-quarter.
- 10 funds opened new NewAge, Inc. Common Stock (Delaware) positions in Q3 2019 and 16 closed out, a net change of -6 holders.
- The largest NewAge, Inc. Common Stock (Delaware) buyer in Q3 2019 was Northern Trust, an estimated $2.37M added.
- The largest NewAge, Inc. Common Stock (Delaware) seller in Q3 2019 was JP Morgan Chase, an estimated $2.23M sold.
Based on aggregated 13F filings for Q3 2019.