Boston Beer
296 hedge funds and large institutions have $2.43B invested in Boston Beer in 2023 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 92 increasing their positions, 99 reducing their positions, and 41 closing their positions.
7% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 99
1.58% less ownership
Funds ownership: 78.82% → 77.24% (-1.6%)
2% less funds holding
Funds holding: 302 → 296 (-6)
9% less capital invested
Capital invested by funds: $2.66B → $2.43B (-$227M)
12% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 41
37% less call options, than puts
Call options by funds: $91.3M | Put options by funds: $146M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
+$19.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$19.5M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$15.1M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$12M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$86M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$55.9M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$29.3M |
| 4 |
Holocene Advisors
New York
|
-$18.7M |
| 5 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
-$9.65M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DFCM
326
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | -$60.8K | -185 | Closed |
|
327
Lazard Asset Management
New York
| – | -$37K | -114 | Closed |
|
|
IA
328
IFP Advisors
Tampa,
Florida
| – | -$21.2K | -83 | Closed |
|
|
ONST
329
Old North State Trust
Greensboro,
North Carolina
| – | -$18K | -55 | Closed |
|
|
AWM
330
Accel Wealth Management
Waverly,
Iowa
| – | -$3.62K | -11 | Closed |
|
|
EI
331
Ellevest Inc
New York
| – | -$1.64K | -5 | Closed |
|
|
TWA
332
TCI Wealth Advisors
Tucson,
Arizona
| – | -$1.64K | -5 | Closed |
|
|
GWSA
333
Global Wealth Strategies & Associates
Denver,
Colorado
| – | -$1.31K | -4 | Closed |
|
|
MC
334
Machina Capital
Paris,
France
| – | -$1.31K | -4 | Closed |
|
|
SWM
335
Spire Wealth Management
Mclean,
Virginia
| – | -$1.31K | -4 | Closed |
|
|
BAAM
336
Baker Avenue Asset Management
San Francisco,
California
| – | -$329 | -1 | Closed |
|
|
SWA
337
SOA Wealth Advisors
New York
| – | -$329 | -1 | Closed |
|
SAM Hedge Fund Activity: Q2 2023 in Review
296 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q2 2023, worth a combined $2.43B — down 8.5% from $2.66B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of SAM and 36 opened new positions — a net loss of 5 holders — while 99 trimmed existing stakes and 92 added.
The largest buyer was Man Group, opening a new position worth an estimated $19.6M. The largest seller was Champlain Investment Partners, exiting entirely with an estimated $86M sold.
- 296 institutional investors held Boston Beer (SAM) as of Q2 2023, down from 302 in Q1 2023.
- Funds reported $2.43B of Boston Beer stock for Q2 2023, down 8.5% quarter-over-quarter.
- 36 funds opened new Boston Beer positions in Q2 2023 and 41 closed out, a net change of -5 holders.
- The largest Boston Beer buyer in Q2 2023 was Man Group, an estimated $19.6M added.
- The largest Boston Beer seller in Q2 2023 was Champlain Investment Partners, an estimated $86M sold.
Based on aggregated 13F filings for Q2 2023.