NewAge, Inc. Common Stock (Delaware)
NBEV
NBEV was delisted on the 7th of September, 2022.
92 hedge funds and large institutions have $49.4M invested in NewAge, Inc. Common Stock (Delaware) in 2021 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 31 increasing their positions, 28 reducing their positions, and 16 closing their positions.
87% more call options, than puts
Call options by funds: $3.19M | Put options by funds: $1.71M
11% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 28
7% less funds holding
Funds holding: 99 → 92 (-7)
35% less capital invested
Capital invested by funds: $76.5M → $49.4M (-$27M)
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
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
|
+$1.22M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$1.05M |
| 3 |
SM
Sabby Management
Miami Beach,
Florida
|
+$1.02M |
| 4 |
JG
Jefferies Group
New York
|
+$682K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$488K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.14M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$643K |
| 3 |
IEFM
IQ EQ Fund Management
Dublin 2,
Ireland
|
-$613K |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$415K |
| 5 |
Renaissance Technologies
New York
|
-$343K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
101
Bluefin Capital Management
New York
| – | -$27K | -12,000 | Closed |
|
102
HighTower Advisors
Chicago,
Illinois
| – | -$25K | -11,419 | Closed |
|
|
BWA
103
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$7K | -3,000 | Closed |
|
|
PAM
104
Panagora Asset Management
Boston,
Massachusetts
| – | -$6K | -2,593 | Closed |
|
|
PGWM
105
Parisi Gray Wealth Management
Mendham,
New Jersey
| – | -$2K | -955 | Closed |
|
NBEV Hedge Fund Activity: Q3 2021 in Review
92 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in NewAge, Inc. Common Stock (Delaware) (NBEV) for Q3 2021, worth a combined $49.4M — down 35% from $76.5M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of NBEV and 10 opened new positions — a net loss of 6 holders — while 28 trimmed existing stakes and 31 added.
The largest buyer was Trek Financial, opening a new position worth an estimated $1.22M. The largest seller was Millennium Management, cutting an estimated $1.14M.
- 92 institutional investors held NewAge, Inc. Common Stock (Delaware) (NBEV) as of Q3 2021, down from 99 in Q2 2021.
- Funds reported $49.4M of NewAge, Inc. Common Stock (Delaware) stock for Q3 2021, down 35% quarter-over-quarter.
- 10 funds opened new NewAge, Inc. Common Stock (Delaware) positions in Q3 2021 and 16 closed out, a net change of -6 holders.
- The largest NewAge, Inc. Common Stock (Delaware) buyer in Q3 2021 was Trek Financial, an estimated $1.22M added.
- The largest NewAge, Inc. Common Stock (Delaware) seller in Q3 2021 was Millennium Management, an estimated $1.14M sold.
Based on aggregated 13F filings for Q3 2021.