NewAge, Inc. Common Stock (Delaware)
NBEV
NBEV was delisted on the 7th of September, 2022.
99 hedge funds and large institutions have $76.5M invested in NewAge, Inc. Common Stock (Delaware) in 2021 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 46 increasing their positions, 23 reducing their positions, and 24 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 23
93% more call options, than puts
Call options by funds: $5.39M | Put options by funds: $2.79M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 108 → 99 (-9)
29% less capital invested
Capital invested by funds: $108M → $76.5M (-$31.4M)
38% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$3.31M |
| 2 |
BlackRock
New York
|
+$2.88M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.25M |
| 4 |
State Street
Boston,
Massachusetts
|
+$932K |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$762K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$10.2M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$7.22M |
| 3 |
ACM
Altium Capital Management
New York
|
-$3.43M |
| 4 |
SM
Sabby Management
Miami Beach,
Florida
|
-$1.48M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$556K |
NBEV Hedge Fund Activity: Q2 2021 in Review
99 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in NewAge, Inc. Common Stock (Delaware) (NBEV) for Q2 2021, worth a combined $76.5M — down 29% from $108M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of NBEV and 15 opened new positions — a net loss of 9 holders — while 23 trimmed existing stakes and 46 added.
The largest buyer was Renaissance Technologies, adding an estimated $3.31M. The largest seller was CVI Holdings, exiting entirely with an estimated $10.2M sold.
- 99 institutional investors held NewAge, Inc. Common Stock (Delaware) (NBEV) as of Q2 2021, down from 108 in Q1 2021.
- Funds reported $76.5M of NewAge, Inc. Common Stock (Delaware) stock for Q2 2021, down 29% quarter-over-quarter.
- 15 funds opened new NewAge, Inc. Common Stock (Delaware) positions in Q2 2021 and 24 closed out, a net change of -9 holders.
- The largest NewAge, Inc. Common Stock (Delaware) buyer in Q2 2021 was Renaissance Technologies, an estimated $3.31M added.
- The largest NewAge, Inc. Common Stock (Delaware) seller in Q2 2021 was CVI Holdings, an estimated $10.2M sold.
Based on aggregated 13F filings for Q2 2021.