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Boston Beer

331 hedge funds and large institutions have $2.04B invested in Boston Beer in 2024 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 84 increasing their positions, 120 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 45

2% more funds holding

Funds holding: 324331 (+7)

1.34% more ownership

Funds ownership: 71.81%73.16% (+1.3%)

6% less call options, than puts

Call options by funds: $43.2M | Put options by funds: $45.8M

6% less capital invested

Capital invested by funds: $2.17B → $2.04B (-$131M)

30% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 120

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
331
Holders Change
+7
Holders Change %
+2.16%
% of All Funds
4.75%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
53
Increased
84
Reduced
120
Closed
45
Calls
$43.2M
Puts
$45.8M
Net Calls
-$2.65M
Net Calls Change
-$12.3M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
26
UBS Group
Switzerland
$15.7M +$4.15M +14,902 +38%
MIIM
27
Mesirow Institutional Investment Management
Illinois
$15.7M +$512K +1,837 +3%
Jacobs Levy Equity Management
28
Jacobs Levy Equity Management
New Jersey
$15.2M -$294K -1,055 -2%
American Century Companies
29
American Century Companies
Missouri
$13M +$1.05M +3,768 +9%
Deutsche Bank
30
Deutsche Bank
Germany
$11.7M -$708K -2,540 -6%
TD Asset Management
31
TD Asset Management
Ontario, Canada
$11.2M -$2.68M -9,600 -20%
Assenagon Asset Management
32
Assenagon Asset Management
Luxembourg
$10.8M -$2.59M -9,288 -20%
JP Morgan Chase
33
JP Morgan Chase
New York
$10.8M -$3.8M -13,613 -27%
TI
34
Trexquant Investment
Connecticut
$10.7M +$9.78M +35,061 +1,793%
Royal Bank of Canada
35
Royal Bank of Canada
Ontario, Canada
$10M +$5.29M +18,970 +121%
JGC
36
J. Goldman & Co
New York
$9.84M +$9.48M +34,018 New
Prudential Financial
37
Prudential Financial
New Jersey
$9.83M -$2.78M -9,977 -23%
Bank of America
38
Bank of America
North Carolina
$9.57M +$2.29M +8,224 +33%
GAM
39
Gotham Asset Management
New York
$9.32M +$5.34M +19,146 +146%
Two Sigma Investments
40
Two Sigma Investments
New York
$8.99M -$1.28M -4,594 -13%
Point72 Asset Management
41
Point72 Asset Management
Connecticut
$8.82M +$8.51M +30,515 New
Calamos Advisors
42
Calamos Advisors
Illinois
$7.8M +$7.52M +26,981 New
First Trust Advisors
43
First Trust Advisors
Illinois
$7.79M +$4.17M +14,962 +125%
Jane Street
44
Jane Street
New York
$7.79M +$1.42M +5,082 +23%
RhumbLine Advisers
45
RhumbLine Advisers
Massachusetts
$7.55M -$220K -789 -3%
N
46
Nuveen
North Carolina
$7.46M -$221K -794 -3%
California State Teachers Retirement System (CalSTRS)
47
California State Teachers Retirement System (CalSTRS)
California
$7.19M +$3.25M +11,644 +88%
GS
48
Gagnon Securities
New York
$6.49M +$933K +3,347 +18%
QCM
49
Quantinno Capital Management
New York
$6.09M +$5.09M +18,247 +648%
QI
50
QV Investors
Alberta, Canada
$5.97M +$22.3K +80 +0.4%

SAM Hedge Fund Activity: Q3 2024 in Review

331 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q3 2024, worth a combined $2.04B — down 6% from $2.17B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new SAM positions and 45 closed out — a net gain of 8 holders — while 84 added to existing stakes and 120 trimmed.

The largest buyer was AQR Capital Management, adding an estimated $67.7M. The largest seller was Fidelity Investments, cutting an estimated $57.6M.

  • 331 institutional investors held Boston Beer (SAM) as of Q3 2024, up from 324 in Q2 2024.
  • Funds reported $2.04B of Boston Beer stock for Q3 2024, down 6% quarter-over-quarter.
  • 53 funds opened new Boston Beer positions in Q3 2024 and 45 closed out, a net change of +8 holders.
  • The largest Boston Beer buyer in Q3 2024 was AQR Capital Management, an estimated $67.7M added.
  • The largest Boston Beer seller in Q3 2024 was Fidelity Investments, an estimated $57.6M sold.

Based on aggregated 13F filings for Q3 2024.