Boston Beer
181 hedge funds and large institutions have $1.8B invested in Boston Beer in 2013 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 69 increasing their positions, 54 reducing their positions, and 14 closing their positions.
86% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 14
28% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 54
7% more funds holding
Funds holding: 169 → 181 (+12)
2% less capital invested
Capital invested by funds: $1.84B → $1.8B (-$44.2M)
1.77% less ownership
Funds ownership: 85.9% → 84.13% (-1.8%)
79% less call options, than puts
Call options by funds: $8.51M | Put options by funds: $41M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TG
TCW Group
Los Angeles,
California
|
+$10.3M |
| 2 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
+$8.52M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.01M |
| 4 |
Goldman Sachs
New York
|
+$3.52M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$21.1M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$18.8M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$15.5M |
| 4 |
Neuberger Berman Group
New York
|
-$8.85M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$7.44M |
SAM Hedge Fund Activity: Q4 2013 in Review
181 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q4 2013, worth a combined $1.8B — down 2.4% from $1.84B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SAM positions and 14 closed out — a net gain of 12 holders — while 69 added to existing stakes and 54 trimmed.
The largest buyer was TCW Group, adding an estimated $10.3M. The largest seller was Morgan Stanley, cutting an estimated $21.1M.
- 181 institutional investors held Boston Beer (SAM) as of Q4 2013, up from 169 in Q3 2013.
- Funds reported $1.8B of Boston Beer stock for Q4 2013, down 2.4% quarter-over-quarter.
- 26 funds opened new Boston Beer positions in Q4 2013 and 14 closed out, a net change of +12 holders.
- The largest Boston Beer buyer in Q4 2013 was TCW Group, an estimated $10.3M added.
- The largest Boston Beer seller in Q4 2013 was Morgan Stanley, an estimated $21.1M sold.
Based on aggregated 13F filings for Q4 2013.