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Boston Beer

263 hedge funds and large institutions have $1.65B invested in Boston Beer in 2017 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 68 increasing their positions, 103 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

96% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 27

18% more capital invested

Capital invested by funds: $1.4B → $1.65B (+$255M)

17% more call options, than puts

Call options by funds: $25.3M | Put options by funds: $21.7M

11% more funds holding

Funds holding: 238263 (+25)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.37% less ownership

Funds ownership: 100.1%99.73% (-0.37%)

34% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 103

Holders
263
Holders Change
+25
Holders Change %
+10.5%
% of All Funds
5.97%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
53
Increased
68
Reduced
103
Closed
27
Calls
$25.3M
Puts
$21.7M
Net Calls
+$3.69M
Net Calls Change
+$6.39M
Name Holding Trade Value Shares
Change
Change in
Stake
GAM
51
Gotham Asset Management
New York
$5.67M +$2.97M +16,632 +128%
CIM
52
Confluence Investment Management
Missouri
$5.21M +$103K +575 +2%
GI
53
GAMCO Investors
Connecticut
$4.92M
Robeco Institutional Asset Management
54
Robeco Institutional Asset Management
Netherlands
$4.87M +$803K +4,494 +21%
GF
55
Gabelli Funds
New York
$4.78M
Squarepoint
56
Squarepoint
New York
$4.65M +$1.02M +5,727 +31%
QCMNJ
57
Quantum Capital Management (New Jersey)
New Jersey
$4.64M -$78.1K -437 -2%
SGAM
58
Smith Group Asset Management
Texas
$4.61M +$494K +2,763 +13%
SO
59
STRS Ohio
Ohio
$4.59M -$179K -1,000 -4%
Manulife (Manufacturers Life Insurance)
60
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.52M +$268K +1,500 +7%
AIG
61
American International Group
New York
$4.46M -$151K -848 -4%
AG
62
Aperio Group
California
$4.12M +$2.89M +16,156 +300%
MAM
63
Martingale Asset Management
Massachusetts
$3.88M -$447K -2,500 -11%
HCS
64
Harvest Capital Strategies
California
$3.82M -$5.36M -30,000 -60%
RhumbLine Advisers
65
RhumbLine Advisers
Massachusetts
$3.79M -$408K -2,284 -10%
GACM
66
Global Alpha Capital Management
Quebec, Canada
$3.78M -$286K -1,600 -7%
New York State Teachers Retirement System (NYSTRS)
67
New York State Teachers Retirement System (NYSTRS)
New York
$3.74M +$17.9K +100 +0.5%
PPA
68
Parametric Portfolio Associates
Washington
$3.66M +$122K +682 +4%
GC
69
Guggenheim Capital
Illinois
$3.57M -$810K -4,534 -20%
OAM
70
Oxford Asset Management
United Kingdom
$3.34M +$405K +2,268 +15%
GLA
71
Great Lakes Advisors
Illinois
$3.23M +$3.02M +16,916 New
Retirement Systems of Alabama
72
Retirement Systems of Alabama
Alabama
$3.13M -$54.5K -305 -2%
CS
73
Credit Suisse
Switzerland
$3.11M -$615K -3,440 -17%
Fidelity Investments
74
Fidelity Investments
Massachusetts
$3.06M -$893K -5,000 -24%
GH
75
GAM Holding
Switzerland
$3M +$2.81M +15,726 New

SAM Hedge Fund Activity: Q4 2017 in Review

263 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q4 2017, worth a combined $1.65B — up 18% from $1.4B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new SAM positions and 27 closed out — a net gain of 26 holders — while 68 added to existing stakes and 103 trimmed.

The largest buyer was Victory Capital Management, adding an estimated $13.7M. The largest seller was Manikay Partners, exiting entirely with an estimated $32.8M sold.

  • 263 institutional investors held Boston Beer (SAM) as of Q4 2017, up from 238 in Q3 2017.
  • Funds reported $1.65B of Boston Beer stock for Q4 2017, up 18% quarter-over-quarter.
  • 53 funds opened new Boston Beer positions in Q4 2017 and 27 closed out, a net change of +26 holders.
  • The largest Boston Beer buyer in Q4 2017 was Victory Capital Management, an estimated $13.7M added.
  • The largest Boston Beer seller in Q4 2017 was Manikay Partners, an estimated $32.8M sold.

Based on aggregated 13F filings for Q4 2017.