NewAge, Inc. Common Stock (Delaware)
NBEV
NBEV was delisted on the 7th of September, 2022.
98 hedge funds and large institutions have $36.7M invested in NewAge, Inc. Common Stock (Delaware) in 2021 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 27 increasing their positions, 35 reducing their positions, and 14 closing their positions.
119% more call options, than puts
Call options by funds: $2.46M | Put options by funds: $1.13M
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
7% more funds holding
Funds holding: 92 → 98 (+6)
23% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 35
26% less capital invested
Capital invested by funds: $49.4M → $36.7M (-$12.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$1.51M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$225K |
| 3 |
AC
Aristides Capital
Louisville,
Kentucky
|
+$193K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$182K |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$171K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$1.88M |
| 2 |
Millennium Management
New York
|
-$876K |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$804K |
| 4 |
Morgan Stanley
New York
|
-$652K |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$237K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$21K | -15,367 | Closed |
|
|
SIAP
102
Sterling Investment Advisors (Pennsylvania)
Berwyn,
Pennsylvania
| – | -$21K | -15,000 | Closed |
|
|
CC
103
Centiva Capital
New York
| – | -$17K | -12,400 | Closed |
|
|
KAS
104
Kestra Advisory Services
Austin,
Texas
| – | -$15K | -10,835 | Closed |
|
|
GRP
105
Global Retirement Partners
San Rafael,
California
| – | -$3K | -2,500 | Closed |
|
106
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$3 | -2,000 | Closed |
|
107
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$1K | -931 | Closed |
|
|
EI
108
Ellevest Inc
New York
| – | -$387 | -293 | -66% |
|
109
Fidelity Investments
Boston,
Massachusetts
| – | +$330 | +250 | New |
|
NBEV Hedge Fund Activity: Q4 2021 in Review
98 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in NewAge, Inc. Common Stock (Delaware) (NBEV) for Q4 2021, worth a combined $36.7M — down 26% from $49.4M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new NBEV positions and 14 closed out — a net gain of 7 holders — while 27 added to existing stakes and 35 trimmed.
The largest buyer was Prescott Group Capital Management, opening a new position worth an estimated $1.51M. The largest seller was Renaissance Technologies, cutting an estimated $1.88M.
- 98 institutional investors held NewAge, Inc. Common Stock (Delaware) (NBEV) as of Q4 2021, up from 92 in Q3 2021.
- Funds reported $36.7M of NewAge, Inc. Common Stock (Delaware) stock for Q4 2021, down 26% quarter-over-quarter.
- 21 funds opened new NewAge, Inc. Common Stock (Delaware) positions in Q4 2021 and 14 closed out, a net change of +7 holders.
- The largest NewAge, Inc. Common Stock (Delaware) buyer in Q4 2021 was Prescott Group Capital Management, an estimated $1.51M added.
- The largest NewAge, Inc. Common Stock (Delaware) seller in Q4 2021 was Renaissance Technologies, an estimated $1.88M sold.
Based on aggregated 13F filings for Q4 2021.