NewAge, Inc. Common Stock (Delaware)
NBEV
NBEV was delisted on the 7th of September, 2022.
33 hedge funds and large institutions have $15.1M invested in NewAge, Inc. Common Stock (Delaware) in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 14 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
3% more funds holding
Funds holding: 32 → 33 (+1)
39% less capital invested
Capital invested by funds: $24.7M → $15.1M (-$9.58M)
57% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$1.22M |
| 2 |
PGC
Pacific Grove Capital
San Francisco,
California
|
+$1M |
| 3 |
BlackRock
New York
|
+$228K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$148K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$89.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$1.4M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$1.1M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$910K |
| 4 |
TCM
Timpani Capital Management
Milwaukee,
Wisconsin
|
-$427K |
| 5 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$395K |
NBEV Hedge Fund Activity: Q3 2017 in Review
33 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in NewAge, Inc. Common Stock (Delaware) (NBEV) for Q3 2017, worth a combined $15.1M — down 39% from $24.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NBEV positions and 6 closed out — a net gain of 2 holders — while 6 added to existing stakes and 14 trimmed.
The largest buyer was Cadence Capital Management, opening a new position worth an estimated $1.22M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $1.4M sold.
- 33 institutional investors held NewAge, Inc. Common Stock (Delaware) (NBEV) as of Q3 2017, up from 32 in Q2 2017.
- Funds reported $15.1M of NewAge, Inc. Common Stock (Delaware) stock for Q3 2017, down 39% quarter-over-quarter.
- 8 funds opened new NewAge, Inc. Common Stock (Delaware) positions in Q3 2017 and 6 closed out, a net change of +2 holders.
- The largest NewAge, Inc. Common Stock (Delaware) buyer in Q3 2017 was Cadence Capital Management, an estimated $1.22M added.
- The largest NewAge, Inc. Common Stock (Delaware) seller in Q3 2017 was Driehaus Capital Management, an estimated $1.4M sold.
Based on aggregated 13F filings for Q3 2017.