Boston Beer
322 hedge funds and large institutions have $4.69B invested in Boston Beer in 2020 Q2 according to their latest regulatory filings, with 77 funds opening new positions, 86 increasing their positions, 112 reducing their positions, and 32 closing their positions.
141% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 32
44% more capital invested
Capital invested by funds: $3.26B → $4.69B (+$1.43B)
16% more funds holding
Funds holding: 278 → 322 (+44)
3.06% less ownership
Funds ownership: 93.52% → 90.46% (-3.1%)
19% less call options, than puts
Call options by funds: $116M | Put options by funds: $143M
23% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 112
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$178M |
| 2 |
Millennium Management
New York
|
+$49.9M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$34.3M |
| 4 |
SAM
Scopus Asset Management
New York
|
+$33.9M |
| 5 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
+$27.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$77.3M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$64.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$45.5M |
| 4 |
Renaissance Technologies
New York
|
-$35.1M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$30.6M |
SAM Hedge Fund Activity: Q2 2020 in Review
322 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q2 2020, worth a combined $4.69B — up 44% from $3.26B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new SAM positions and 32 closed out — a net gain of 45 holders — while 86 added to existing stakes and 112 trimmed.
The largest buyer was Durable Capital Partners, opening a new position worth an estimated $178M. The largest seller was BlackRock, cutting an estimated $77.3M.
- 322 institutional investors held Boston Beer (SAM) as of Q2 2020, up from 278 in Q1 2020.
- Funds reported $4.69B of Boston Beer stock for Q2 2020, up 44% quarter-over-quarter.
- 77 funds opened new Boston Beer positions in Q2 2020 and 32 closed out, a net change of +45 holders.
- The largest Boston Beer buyer in Q2 2020 was Durable Capital Partners, an estimated $178M added.
- The largest Boston Beer seller in Q2 2020 was BlackRock, an estimated $77.3M sold.
Based on aggregated 13F filings for Q2 2020.