Boston Beer
230 hedge funds and large institutions have $2.31B invested in Boston Beer in 2015 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 86 increasing their positions, 58 reducing their positions, and 27 closing their positions.
115% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 27
48% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 58
13% more funds holding
Funds holding: 203 → 230 (+27)
2.03% more ownership
Funds ownership: 86.87% → 88.9% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $2.35B → $2.31B (-$40.3M)
27% less call options, than puts
Call options by funds: $33.2M | Put options by funds: $45.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tybourne Capital Management
Hong Kong
|
+$49.8M |
| 2 |
State Street
Boston,
Massachusetts
|
+$33.8M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$33M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$23.2M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$19.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$35.3M |
| 2 |
Neuberger Berman Group
New York
|
-$22.7M |
| 3 |
HCM
Hitchwood Capital Management
New York
|
-$22.6M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$20M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$17.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GGHC
251
Gilder Gagnon Howe & Co
New York
| – | -$212K | -731 | Closed |
|
252
Chevy Chase Trust
Bethesda,
Maryland
| – | -$203K | -700 | Closed |
|
|
NPC
253
National Planning Corporation
El Segundo,
California
| – | -$83.2K | -289 | Closed |
|
|
QT
254
Quantbot Technologies
New York
| – | -$55K | -192 | Closed |
|
|
HIM
255
Hutchens Investment Management
Concord,
New Hampshire
| – | -$6K | -20 | Closed |
|
|
MFS
256
McNamara Financial Services
Marshfield,
Massachusetts
| – | -$6K | -20 | Closed |
|
|
BRWA
257
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$3 | -9 | Closed |
|
SAM Hedge Fund Activity: Q1 2015 in Review
230 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q1 2015, worth a combined $2.31B — down 1.7% from $2.35B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new SAM positions and 27 closed out — a net gain of 31 holders — while 86 added to existing stakes and 58 trimmed.
The largest buyer was Tybourne Capital Management, opening a new position worth an estimated $49.8M. The largest seller was Kornitzer Capital Management, cutting an estimated $35.3M.
- 230 institutional investors held Boston Beer (SAM) as of Q1 2015, up from 203 in Q4 2014.
- Funds reported $2.31B of Boston Beer stock for Q1 2015, down 1.7% quarter-over-quarter.
- 58 funds opened new Boston Beer positions in Q1 2015 and 27 closed out, a net change of +31 holders.
- The largest Boston Beer buyer in Q1 2015 was Tybourne Capital Management, an estimated $49.8M added.
- The largest Boston Beer seller in Q1 2015 was Kornitzer Capital Management, an estimated $35.3M sold.
Based on aggregated 13F filings for Q1 2015.