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Boston Beer

380 hedge funds and large institutions have $3.75B invested in Boston Beer in 2021 Q4 according to their latest regulatory filings, with 80 funds opening new positions, 103 increasing their positions, 133 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more first-time investments, than exits

New positions opened: 80 | Existing positions closed: 69

2% more funds holding

Funds holding: 374380 (+6)

4.68% less ownership

Funds ownership: 79.53%74.85% (-4.7%)

9% less capital invested

Capital invested by funds: $4.13B → $3.75B (-$386M)

17% less call options, than puts

Call options by funds: $374M | Put options by funds: $451M

23% less repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 133

Holders
380
Holders Change
+6
Holders Change %
+1.6%
% of All Funds
5.85%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
80
Increased
103
Reduced
133
Closed
69
Calls
$374M
Puts
$451M
Net Calls
-$77.3M
Net Calls Change
+$36.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Susquehanna International Group
26
Susquehanna International Group
Pennsylvania
$25.2M -$1.97M -3,936 -7%
AC
27
Armistice Capital
New York
$24.2M +$24M +48,000 New
Jane Street
28
Jane Street
New York
$22.1M -$177K -354 -0.8%
Wellington Management Group
29
Wellington Management Group
Massachusetts
$21.3M +$3.72M +7,458 +22%
EIP
30
Epoch Investment Partners
New York
$19.9M +$11.9M +23,784 +152%
Man Group
31
Man Group
United Kingdom
$18.9M -$10.1M -20,166 -35%
Norges Bank
32
Norges Bank
Norway
$18.2M -$16.1M -32,203 -47%
N
33
Nuveen
North Carolina
$17.9M +$2.16M +4,329 +15%
PPA
34
Parametric Portfolio Associates
Washington
$17M +$2.87M +5,754 +21%
Principal Financial Group
35
Principal Financial Group
Iowa
$16.3M -$310K -621 -2%
Retirement Systems of Alabama
36
Retirement Systems of Alabama
Alabama
$14.8M -$2.78M -5,562 -16%
BNP Paribas Financial Markets
37
BNP Paribas Financial Markets
France
$14.7M +$12.5M +24,995 +617%
DC
38
Davenport & Co
Virginia
$14.4M +$4.39M +8,780 +45%
QOP
39
Quinn Opportunity Partners
Virginia
$13.6M +$99.9K +200 +0.7%
KCM
40
Kornitzer Capital Management
Kansas
$13.4M -$1.7M -3,407 -11%
Two Sigma Advisers
41
Two Sigma Advisers
New York
$13.2M +$5.64M +11,300 +76%
RhumbLine Advisers
42
RhumbLine Advisers
Massachusetts
$13.1M +$443K +887 +4%
D.E. Shaw & Co
43
D.E. Shaw & Co
New York
$11.4M -$2.18M -4,371 -16%
State of Wisconsin Investment Board
44
State of Wisconsin Investment Board
Wisconsin
$10.5M -$7.46M -14,940 -42%
Swiss National Bank
45
Swiss National Bank
Switzerland
$10.2M -$7.94M -15,900 -44%
BA
46
Bridgewater Associates
Connecticut
$10.1M -$1.91M -3,822 -16%
Legal & General Group
47
Legal & General Group
United Kingdom
$9.87M -$13.3M -26,637 -58%
Wells Fargo
48
Wells Fargo
California
$9.8M -$4.12M -8,249 -30%
Royal Bank of Canada
49
Royal Bank of Canada
Ontario, Canada
$9.16M +$2.51M +5,020 +38%
ECM
50
ExodusPoint Capital Management
New York
$8.96M +$8.86M +17,748 New

SAM Hedge Fund Activity: Q4 2021 in Review

380 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q4 2021, worth a combined $3.75B — down 9.3% from $4.13B a quarter earlier.

Buyers outnumbered sellers: 80 funds opened new SAM positions and 69 closed out — a net gain of 11 holders — while 103 added to existing stakes and 133 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $198M. The largest seller was JP Morgan Chase, cutting an estimated $133M.

  • 380 institutional investors held Boston Beer (SAM) as of Q4 2021, up from 374 in Q3 2021.
  • Funds reported $3.75B of Boston Beer stock for Q4 2021, down 9.3% quarter-over-quarter.
  • 80 funds opened new Boston Beer positions in Q4 2021 and 69 closed out, a net change of +11 holders.
  • The largest Boston Beer buyer in Q4 2021 was Fidelity Investments, an estimated $198M added.
  • The largest Boston Beer seller in Q4 2021 was JP Morgan Chase, an estimated $133M sold.

Based on aggregated 13F filings for Q4 2021.