Boston Beer
296 hedge funds and large institutions have $3.34B invested in Boston Beer in 2019 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 85 increasing their positions, 108 reducing their positions, and 44 closing their positions.
3% more capital invested
Capital invested by funds: $3.25B → $3.34B (+$92.7M)
2% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 44
1% less funds holding
Funds holding: 299 → 296 (-3)
1.76% less ownership
Funds ownership: 97.21% → 95.45% (-1.8%)
21% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 108
40% less call options, than puts
Call options by funds: $36.6M | Put options by funds: $61.2M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$44M |
| 2 |
Renaissance Technologies
New York
|
+$28.5M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
+$27.3M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$25.6M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$23.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$70M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$30.4M |
| 3 |
JP Morgan Chase
New York
|
-$23.6M |
| 4 |
WG
Winton Group
London,
United Kingdom
|
-$22.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$20.2M |
SAM Hedge Fund Activity: Q4 2019 in Review
296 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q4 2019, worth a combined $3.34B — up 2.9% from $3.25B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of SAM and 43 opened new positions — a net loss of 1 holder — while 108 trimmed existing stakes and 85 added.
The largest buyer was Fidelity Investments, adding an estimated $44M. The largest seller was Citadel Advisors, cutting an estimated $70M.
- 296 institutional investors held Boston Beer (SAM) as of Q4 2019, down from 299 in Q3 2019.
- Funds reported $3.34B of Boston Beer stock for Q4 2019, up 2.9% quarter-over-quarter.
- 43 funds opened new Boston Beer positions in Q4 2019 and 44 closed out, a net change of -1 holder.
- The largest Boston Beer buyer in Q4 2019 was Fidelity Investments, an estimated $44M added.
- The largest Boston Beer seller in Q4 2019 was Citadel Advisors, an estimated $70M sold.
Based on aggregated 13F filings for Q4 2019.