Boston Beer
SAM
238 hedge funds and large institutions have $1.4B invested in Boston Beer in 2017 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 69 increasing their positions, 84 reducing their positions, and 22 closing their positions.
86% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 22
22% more capital invested
Capital invested by funds: $1.15B → $1.4B (+$249M)
9% more funds holding
Funds holding: 219 → 238 (+19)
6.23% more ownership
Funds ownership: 93.86% → 100.1% (+6.2%)
8% less call options, than puts
Call options by funds: $29.3M | Put options by funds: $32M
18% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 84
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| 1 |
Two Sigma Investments
New York
|
+$23.1M |
| 2 |
JP Morgan Chase
New York
|
+$14.1M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$13M |
| 4 |
AC
Armistice Capital
New York
|
+$10.2M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$9.93M |
Top Sellers
| 1 |
Norges Bank
Oslo,
Norway
|
-$32.1M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$18.9M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$15.7M |
| 4 |
O
OppenheimerFunds
New York
|
-$10.7M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$8.8M |
SAM Hedge Fund Activity: Q3 2017 in Review
238 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q3 2017, worth a combined $1.4B — up 22% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new SAM positions and 22 closed out — a net gain of 19 holders — while 69 added to existing stakes and 84 trimmed.
The largest buyer was Two Sigma Investments, opening a new position worth an estimated $23.1M. The largest seller was Norges Bank, cutting an estimated $32.1M.
- 238 institutional investors held Boston Beer (SAM) as of Q3 2017, up from 219 in Q2 2017.
- Funds reported $1.4B of Boston Beer stock for Q3 2017, up 22% quarter-over-quarter.
- 41 funds opened new Boston Beer positions in Q3 2017 and 22 closed out, a net change of +19 holders.
- The largest Boston Beer buyer in Q3 2017 was Two Sigma Investments, an estimated $23.1M added.
- The largest Boston Beer seller in Q3 2017 was Norges Bank, an estimated $32.1M sold.
Based on aggregated 13F filings for Q3 2017.