NewAge, Inc. Common Stock (Delaware)
NBEV
NBEV was delisted on the 7th of September, 2022.
92 hedge funds and large institutions have $20.1M invested in NewAge, Inc. Common Stock (Delaware) in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 39 reducing their positions, and 17 closing their positions.
215% more call options, than puts
Call options by funds: $123K | Put options by funds: $39K
6% less funds holding
Funds holding: 98 → 92 (-6)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
45% less capital invested
Capital invested by funds: $36.7M → $20.1M (-$16.5M)
54% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Sabby Management
Miami Beach,
Florida
|
+$1.12M |
| 2 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
+$234K |
| 3 |
MC
Merlin Capital
Newport,
Rhode Island
|
+$169K |
| 4 |
IEFM
IQ EQ Fund Management
Dublin 2,
Ireland
|
+$135K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$1.18M |
| 2 |
JG
Jefferies Group
New York
|
-$510K |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$474K |
| 4 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
-$412K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$233K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Simplex Trading
Chicago,
Illinois
| – | -$856 | -1,196 | -41% |
|
|
MAM
102
Meeder Asset Management
Dublin,
Ohio
| – | +$11 | +15 | New |
|
NBEV Hedge Fund Activity: Q1 2022 in Review
92 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in NewAge, Inc. Common Stock (Delaware) (NBEV) for Q1 2022, worth a combined $20.1M — down 45% from $36.7M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of NBEV and 11 opened new positions — a net loss of 6 holders — while 39 trimmed existing stakes and 18 added.
The largest buyer was Sabby Management, adding an estimated $1.12M. The largest seller was Prescott Group Capital Management, exiting entirely with an estimated $1.18M sold.
- 92 institutional investors held NewAge, Inc. Common Stock (Delaware) (NBEV) as of Q1 2022, down from 98 in Q4 2021.
- Funds reported $20.1M of NewAge, Inc. Common Stock (Delaware) stock for Q1 2022, down 45% quarter-over-quarter.
- 11 funds opened new NewAge, Inc. Common Stock (Delaware) positions in Q1 2022 and 17 closed out, a net change of -6 holders.
- The largest NewAge, Inc. Common Stock (Delaware) buyer in Q1 2022 was Sabby Management, an estimated $1.12M added.
- The largest NewAge, Inc. Common Stock (Delaware) seller in Q1 2022 was Prescott Group Capital Management, an estimated $1.18M sold.
Based on aggregated 13F filings for Q1 2022.