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Boston Beer

345 hedge funds and large institutions have $1.48B invested in Boston Beer in 2025 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 119 increasing their positions, 100 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more call options, than puts

Call options by funds: $59.5M | Put options by funds: $35.1M

56% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 43

19% more repeat investments, than reductions

Existing positions increased: 119 | Existing positions reduced: 100

6% more funds holding

Funds holding: 326345 (+19)

2.46% more ownership

Funds ownership: 82.44%84.9% (+2.5%)

15% less capital invested

Capital invested by funds: $1.75B → $1.48B (-$268M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
345
Holders Change
+19
Holders Change %
+5.83%
% of All Funds
4.54%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
67
Increased
119
Reduced
100
Closed
43
Calls
$59.5M
Puts
$35.1M
Net Calls
+$24.4M
Net Calls Change
+$8.93M
Name Holding Trade Value Shares
Change
Change in
Stake
EP
351
Edgestream Partners
New Jersey
-$1.29M -5,395 Closed
OAC
352
OMERS Administration Corp
Ontario, Canada
-$1.24M -5,200 Closed
Norges Bank
353
Norges Bank
Norway
-$1.14M -4,771 Closed
DCM
354
Dean Capital Management
Kansas
-$1.01M -4,213 Closed
AC
355
AXQ Capital
New Jersey
-$810K -3,390 Closed
LCM
356
Legato Capital Management
California
-$634K -2,654 Closed
Nomura Asset Management
357
Nomura Asset Management
Japan
-$370K -1,549 Closed
LAM
358
LECAP Asset Management
United Kingdom
-$342K -1,433 Closed
HA
359
Heartland Advisors
Wisconsin
-$328K -1,372 Closed
BC
360
Bridgefront Capital
Texas
-$321K -1,342 Closed
TSS
361
Two Sigma Securities
New York
-$301K -1,260 Closed
Stifel Financial
362
Stifel Financial
Missouri
-$291K -1,219 Closed
EF
363
Empowered Funds
Pennsylvania
-$288K -1,207 Closed
X
364
Xponance
Pennsylvania
-$287K -1,200 Closed
Bank of Montreal
365
Bank of Montreal
Ontario, Canada
-$272K -1,138 Closed
QCG
366
Quadrant Capital Group
Ohio
-$242K -1,014 Closed
SC
367
SummitTX Capital
Texas
-$239K -1,000 Closed
HR
368
Howe & Rusling
New York
-$233K -974 Closed
HighTower Advisors
369
HighTower Advisors
Illinois
-$230K -962 Closed
CP
370
Camelot Portfolios
Ohio
-$229K -960 Closed
PGFC
371
Peapack-Gladstone Financial Corp
New Jersey
-$228K -956 Closed
Mariner
372
Mariner
Kansas
-$223K -933 Closed
Two Sigma Investments
373
Two Sigma Investments
New York
-$219K -916 Closed
PHIC
374
Pine Haven Investment Counsel
Massachusetts
-$214K -898 Closed
CCM
375
Coldstream Capital Management
Washington
-$57.8K -242 Closed

SAM Hedge Fund Activity: Q2 2025 in Review

345 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q2 2025, worth a combined $1.48B — down 15% from $1.75B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new SAM positions and 43 closed out — a net gain of 24 holders — while 119 added to existing stakes and 100 trimmed.

The largest buyer was Toronto Dominion Bank, opening a new position worth an estimated $35.4M. The largest seller was Nuveen, cutting an estimated $67.7M.

  • 345 institutional investors held Boston Beer (SAM) as of Q2 2025, up from 326 in Q1 2025.
  • Funds reported $1.48B of Boston Beer stock for Q2 2025, down 15% quarter-over-quarter.
  • 67 funds opened new Boston Beer positions in Q2 2025 and 43 closed out, a net change of +24 holders.
  • The largest Boston Beer buyer in Q2 2025 was Toronto Dominion Bank, an estimated $35.4M added.
  • The largest Boston Beer seller in Q2 2025 was Nuveen, an estimated $67.7M sold.

Based on aggregated 13F filings for Q2 2025.