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Boston Beer

238 hedge funds and large institutions have $1.4B invested in Boston Beer in 2017 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 69 increasing their positions, 84 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 22

22% more capital invested

Capital invested by funds: $1.15B → $1.4B (+$249M)

9% more funds holding

Funds holding: 219238 (+19)

6.23% more ownership

Funds ownership: 93.86%100.1% (+6.2%)

8% less call options, than puts

Call options by funds: $29.3M | Put options by funds: $32M

18% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 84

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
238
Holders Change
+19
Holders Change %
+8.68%
% of All Funds
5.93%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
41
Increased
69
Reduced
84
Closed
22
Calls
$29.3M
Puts
$32M
Net Calls
-$2.69M
Net Calls Change
+$33.7M
Name Holding Trade Value Shares
Change
Change in
Stake
GF
51
Gabelli Funds
New York
$3.9M
SO
52
STRS Ohio
Ohio
$3.9M
QCMNJ
53
Quantum Capital Management (New Jersey)
New Jersey
$3.86M -$55.4K -379 -2%
AIG
54
American International Group
New York
$3.78M -$1.46K -10 -0%
Acadian Asset Management
55
Acadian Asset Management
Massachusetts
$3.74M +$3.47M +23,727 +10,452%
GC
56
Guggenheim Capital
Illinois
$3.63M -$272K -1,863 -7%
MAM
57
Martingale Asset Management
Massachusetts
$3.56M +$29.5K +202 +0.9%
AllianceBernstein
58
AllianceBernstein
Tennessee
$3.48M +$1.4M +9,610 +76%
Manulife (Manufacturers Life Insurance)
59
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$3.46M -$28.8K -197 -0.9%
RhumbLine Advisers
60
RhumbLine Advisers
Massachusetts
$3.45M +$209K +1,428 +7%
EAM
61
EULAV Asset Management
Florida
$3.44M
GACM
62
Global Alpha Capital Management
Quebec, Canada
$3.34M +$21.9K +150 +0.7%
SGAM
63
Smith Group Asset Management
Texas
$3.33M +$3.12M +21,340 New
Fidelity Investments
64
Fidelity Investments
Massachusetts
$3.28M +$2.34M +16,000 +320%
Robeco Institutional Asset Management
65
Robeco Institutional Asset Management
Netherlands
$3.28M +$3.07M +20,999 New
State of New Jersey Common Pension Fund D
66
State of New Jersey Common Pension Fund D
New Jersey
$3.12M -$950K -6,500 -25%
CS
67
Credit Suisse
Switzerland
$3.08M +$1.75M +11,960 +154%
NFA
68
Nationwide Fund Advisors
Ohio
$3.08M -$159K -1,091 -5%
New York State Teachers Retirement System (NYSTRS)
69
New York State Teachers Retirement System (NYSTRS)
New York
$3.04M +$161K +1,100 +6%
Squarepoint
70
Squarepoint
New York
$2.9M +$1.1M +7,519 +68%
CEP
71
Chicago Equity Partners
Illinois
$2.9M +$2.71M +18,560 New
PPA
72
Parametric Portfolio Associates
Washington
$2.89M -$73.9K -506 -3%
Retirement Systems of Alabama
73
Retirement Systems of Alabama
Alabama
$2.6M -$4.91M -33,609 -67%
TA
74
Teachers Advisors
New York
$2.52M -$20.7K -142 -0.9%
Swiss National Bank
75
Swiss National Bank
Switzerland
$2.47M

SAM Hedge Fund Activity: Q3 2017 in Review

238 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q3 2017, worth a combined $1.4B — up 22% from $1.15B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new SAM positions and 22 closed out — a net gain of 19 holders — while 69 added to existing stakes and 84 trimmed.

The largest buyer was Two Sigma Investments, opening a new position worth an estimated $23.1M. The largest seller was Norges Bank, cutting an estimated $32.1M.

  • 238 institutional investors held Boston Beer (SAM) as of Q3 2017, up from 219 in Q2 2017.
  • Funds reported $1.4B of Boston Beer stock for Q3 2017, up 22% quarter-over-quarter.
  • 41 funds opened new Boston Beer positions in Q3 2017 and 22 closed out, a net change of +19 holders.
  • The largest Boston Beer buyer in Q3 2017 was Two Sigma Investments, an estimated $23.1M added.
  • The largest Boston Beer seller in Q3 2017 was Norges Bank, an estimated $32.1M sold.

Based on aggregated 13F filings for Q3 2017.