NewAge, Inc. Common Stock (Delaware)
NBEV
NBEV was delisted on the 7th of September, 2022.
106 hedge funds and large institutions have $79.5M invested in NewAge, Inc. Common Stock (Delaware) in 2019 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 27 increasing their positions, 16 reducing their positions, and 29 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 16
45% more capital invested
Capital invested by funds: $54.9M → $79.5M (+$24.6M)
45% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 29
12% more funds holding
Funds holding: 95 → 106 (+11)
49% less call options, than puts
Call options by funds: $4.99M | Put options by funds: $9.82M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$17.9M |
| 2 |
State Street
Boston,
Massachusetts
|
+$5.89M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.75M |
| 4 |
JP Morgan Chase
New York
|
+$3.35M |
| 5 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$1.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$3.3M |
| 2 |
Millennium Management
New York
|
-$2.15M |
| 3 |
TEE
Tibra Equities Europe
London,
United Kingdom
|
-$763K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$705K |
| 5 |
Goldman Sachs
New York
|
-$640K |
NBEV Hedge Fund Activity: Q2 2019 in Review
106 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in NewAge, Inc. Common Stock (Delaware) (NBEV) for Q2 2019, worth a combined $79.5M — up 45% from $54.9M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new NBEV positions and 29 closed out — a net gain of 13 holders — while 27 added to existing stakes and 16 trimmed.
The largest buyer was BlackRock, adding an estimated $17.9M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $3.3M sold.
- 106 institutional investors held NewAge, Inc. Common Stock (Delaware) (NBEV) as of Q2 2019, up from 95 in Q1 2019.
- Funds reported $79.5M of NewAge, Inc. Common Stock (Delaware) stock for Q2 2019, up 45% quarter-over-quarter.
- 42 funds opened new NewAge, Inc. Common Stock (Delaware) positions in Q2 2019 and 29 closed out, a net change of +13 holders.
- The largest NewAge, Inc. Common Stock (Delaware) buyer in Q2 2019 was BlackRock, an estimated $17.9M added.
- The largest NewAge, Inc. Common Stock (Delaware) seller in Q2 2019 was Laurion Capital Management, an estimated $3.3M sold.
Based on aggregated 13F filings for Q2 2019.