Boston Beer
219 hedge funds and large institutions have $1.99B invested in Boston Beer in 2015 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 91 increasing their positions, 68 reducing their positions, and 36 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 68
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.29% less ownership
Funds ownership: 88.9% → 88.6% (-0.29%)
5% less funds holding
Funds holding: 230 → 219 (-11)
14% less capital invested
Capital invested by funds: $2.31B → $1.99B (-$313M)
25% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 36
56% less call options, than puts
Call options by funds: $20.5M | Put options by funds: $46.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tybourne Capital Management
Hong Kong
|
+$28.7M |
| 2 |
Two Sigma Investments
New York
|
+$25.6M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$18.1M |
| 4 |
Two Sigma Advisers
New York
|
+$13.6M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
-$55.8M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$37.7M |
| 3 |
HCM
Hitchwood Capital Management
New York
|
-$20.1M |
| 4 |
CCI
Columbus Circle Investors
|
-$12.6M |
| 5 |
FAM
Fred Alger Management
New York
|
-$11.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
ClearBridge Investments
New York
| – | -$34K | -127 | Closed |
|
|
BWFA
252
Baltimore-Washington Financial Advisors
Columbia,
Maryland
| – | -$27K | -100 | Closed |
|
|
SEC
253
Seven Eight Capital
New York
| – | -$27K | -100 | Closed |
|
|
PFG
254
Piershale Financial Group
Barrington,
Illinois
| – | -$17K | -64 | Closed |
|
|
OSAM
255
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$4K | -14 | Closed |
|
|
FNBT
256
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$3K | -10 | Closed |
|
|
FANJ
257
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | +$514 | +2 | New |
|
SAM Hedge Fund Activity: Q2 2015 in Review
219 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q2 2015, worth a combined $1.99B — down 14% from $2.31B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of SAM and 27 opened new positions — a net loss of 9 holders — while 68 trimmed existing stakes and 91 added.
The largest buyer was Tybourne Capital Management, adding an estimated $28.7M. The largest seller was RS Investment Management, exiting entirely with an estimated $55.8M sold.
- 219 institutional investors held Boston Beer (SAM) as of Q2 2015, down from 230 in Q1 2015.
- Funds reported $1.99B of Boston Beer stock for Q2 2015, down 14% quarter-over-quarter.
- 27 funds opened new Boston Beer positions in Q2 2015 and 36 closed out, a net change of -9 holders.
- The largest Boston Beer buyer in Q2 2015 was Tybourne Capital Management, an estimated $28.7M added.
- The largest Boston Beer seller in Q2 2015 was RS Investment Management, an estimated $55.8M sold.
Based on aggregated 13F filings for Q2 2015.