Boston Beer
SAM
374 hedge funds and large institutions have $4.13B invested in Boston Beer in 2021 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 126 increasing their positions, 118 reducing their positions, and 132 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 118
9.7% less ownership
Funds ownership: 89.23% → 79.53% (-9.7%)
17% less funds holding
Funds holding: 453 → 374 (-79)
18% less call options, than puts
Call options by funds: $507M | Put options by funds: $621M
54% less capital invested
Capital invested by funds: $9.07B → $4.13B (-$4.94B)
56% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 132
100% less funds holding in top 10
Funds holding in top 10: 5 → 0 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$189M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$153M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$120M |
| 4 |
Two Sigma Investments
New York
|
+$114M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$223M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$190M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$190M |
| 4 |
AM
Atreides Management
Boston,
Massachusetts
|
-$117M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$110M |
SAM Hedge Fund Activity: Q3 2021 in Review
374 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q3 2021, worth a combined $4.13B — down 54% from $9.07B a quarter earlier.
Sellers outnumbered buyers: 132 funds closed out of SAM and 58 opened new positions — a net loss of 74 holders — while 118 trimmed existing stakes and 126 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $189M. The largest seller was BlackRock, cutting an estimated $223M.
- 374 institutional investors held Boston Beer (SAM) as of Q3 2021, down from 453 in Q2 2021.
- Funds reported $4.13B of Boston Beer stock for Q3 2021, down 54% quarter-over-quarter.
- 58 funds opened new Boston Beer positions in Q3 2021 and 132 closed out, a net change of -74 holders.
- The largest Boston Beer buyer in Q3 2021 was T. Rowe Price Associates, an estimated $189M added.
- The largest Boston Beer seller in Q3 2021 was BlackRock, an estimated $223M sold.
Based on aggregated 13F filings for Q3 2021.