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Boston Beer

270 hedge funds and large institutions have $3.32B invested in Boston Beer in 2019 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 75 increasing their positions, 98 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

29% more capital invested

Capital invested by funds: $2.57B → $3.32B (+$749M)

28% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 36

2% more funds holding

Funds holding: 266270 (+4)

0.26% more ownership

Funds ownership: 100.29%100.55% (+0.26%)

13% less call options, than puts

Call options by funds: $72.3M | Put options by funds: $83.1M

23% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 98

Holders
270
Holders Change
+4
Holders Change %
+1.5%
% of All Funds
5.86%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
46
Increased
75
Reduced
98
Closed
36
Calls
$72.3M
Puts
$83.1M
Net Calls
-$10.8M
Net Calls Change
+$14.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
26
Wells Fargo
California
$26.1M +$13.1M +41,470 +149%
Charles Schwab
27
Charles Schwab
California
$24.8M -$125K -396 -0.6%
WG
28
Winton Group
United Kingdom
$22.4M -$18.3M -57,639 -49%
Point72 Asset Management
29
Point72 Asset Management
Connecticut
$18.3M +$15.3M +48,419 New
Two Sigma Advisers
30
Two Sigma Advisers
New York
$18.3M -$11.1M -35,000 -42%
D.E. Shaw & Co
31
D.E. Shaw & Co
New York
$17.8M -$456K -1,439 -3%
Robeco Institutional Asset Management
32
Robeco Institutional Asset Management
Netherlands
$16.2M -$169K -535 -1%
Principal Financial Group
33
Principal Financial Group
Iowa
$16M -$1.02M -3,216 -7%
Ameriprise
34
Ameriprise
Minnesota
$13.6M +$1.98M +6,261 +21%
BTW
35
Boston Trust Walden
Massachusetts
$13.5M -$97.5K -308 -0.9%
GACM
36
Global Alpha Capital Management
Quebec, Canada
$13.4M +$92.5K +292 +0.8%
AllianceBernstein
37
AllianceBernstein
Tennessee
$11.6M +$494K +1,560 +5%
BNP Paribas Asset Management
38
BNP Paribas Asset Management
France
$11.6M +$169K +535 +2%
RhumbLine Advisers
39
RhumbLine Advisers
Massachusetts
$11.1M +$75K +237 +0.8%
PPA
40
Parametric Portfolio Associates
Washington
$11.1M -$279K -880 -3%
LCM
41
Landscape Capital Management
New Jersey
$11M +$9.23M +29,146 New
Lord, Abbett & Co
42
Lord, Abbett & Co
New Jersey
$10.9M +$9.15M +28,907 New
MAM
43
Martingale Asset Management
Massachusetts
$10.3M -$285K -900 -3%
BIM
44
Bogle Investment Management
Massachusetts
$9.65M +$8.09M +25,553 New
Capital Fund Management (CFM)
45
Capital Fund Management (CFM)
France
$9.22M -$3.03M -9,562 -28%
Royal Bank of Canada
46
Royal Bank of Canada
Ontario, Canada
$9.13M +$958K +3,024 +14%
Hudson Bay Capital Management
47
Hudson Bay Capital Management
Connecticut
$8.69M +$7.28M +23,000 New
AIG
48
American International Group
New York
$8.41M -$69K -218 -1%
GI
49
GAMCO Investors
Connecticut
$8.35M -$174K -550 -2%
Squarepoint
50
Squarepoint
New York
$7.84M +$1.3M +4,117 +25%

SAM Hedge Fund Activity: Q2 2019 in Review

270 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q2 2019, worth a combined $3.32B — up 29% from $2.57B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new SAM positions and 36 closed out — a net gain of 10 holders — while 75 added to existing stakes and 98 trimmed.

The largest buyer was Renaissance Technologies, adding an estimated $35.7M. The largest seller was Jupiter Investment Management, cutting an estimated $35.1M.

  • 270 institutional investors held Boston Beer (SAM) as of Q2 2019, up from 266 in Q1 2019.
  • Funds reported $3.32B of Boston Beer stock for Q2 2019, up 29% quarter-over-quarter.
  • 46 funds opened new Boston Beer positions in Q2 2019 and 36 closed out, a net change of +10 holders.
  • The largest Boston Beer buyer in Q2 2019 was Renaissance Technologies, an estimated $35.7M added.
  • The largest Boston Beer seller in Q2 2019 was Jupiter Investment Management, an estimated $35.1M sold.

Based on aggregated 13F filings for Q2 2019.