NewAge, Inc. Common Stock (Delaware)
NBEV
NBEV was delisted on the 7th of September, 2022.
94 hedge funds and large institutions have $36.4M invested in NewAge, Inc. Common Stock (Delaware) in 2020 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 23 increasing their positions, 31 reducing their positions, and 13 closing their positions.
62% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 13
9% more capital invested
Capital invested by funds: $33.3M → $36.4M (+$3.12M)
9% more funds holding
Funds holding: 86 → 94 (+8)
8% more call options, than puts
Call options by funds: $1.3M | Put options by funds: $1.21M
2% less ownership
Funds ownership: 23.55% → 21.56% (-2%)
26% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$519K |
| 2 |
SG
StoneX Group
New York
|
+$369K |
| 3 |
State Street
Boston,
Massachusetts
|
+$341K |
| 4 |
MHS
M Holdings Securities
Portland,
Oregon
|
+$311K |
| 5 |
California State Teachers Retirement System (CalSTRS)
West Sacramento,
California
|
+$279K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$776K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$768K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$486K |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
-$428K |
| 5 |
Citigroup
New York
|
-$249K |
NBEV Hedge Fund Activity: Q3 2020 in Review
94 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in NewAge, Inc. Common Stock (Delaware) (NBEV) for Q3 2020, worth a combined $36.4M — up 9.4% from $33.3M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new NBEV positions and 13 closed out — a net gain of 8 holders — while 23 added to existing stakes and 31 trimmed.
The largest buyer was Perritt Capital Management, opening a new position worth an estimated $519K. The largest seller was Renaissance Technologies, cutting an estimated $776K.
- 94 institutional investors held NewAge, Inc. Common Stock (Delaware) (NBEV) as of Q3 2020, up from 86 in Q2 2020.
- Funds reported $36.4M of NewAge, Inc. Common Stock (Delaware) stock for Q3 2020, up 9.4% quarter-over-quarter.
- 21 funds opened new NewAge, Inc. Common Stock (Delaware) positions in Q3 2020 and 13 closed out, a net change of +8 holders.
- The largest NewAge, Inc. Common Stock (Delaware) buyer in Q3 2020 was Perritt Capital Management, an estimated $519K added.
- The largest NewAge, Inc. Common Stock (Delaware) seller in Q3 2020 was Renaissance Technologies, an estimated $776K sold.
Based on aggregated 13F filings for Q3 2020.