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Boston Beer

266 hedge funds and large institutions have $2.57B invested in Boston Beer in 2019 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 76 increasing their positions, 92 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 30

24% more capital invested

Capital invested by funds: $2.07B → $2.57B (+$501M)

6% more funds holding

Funds holding: 250266 (+16)

0.24% more ownership

Funds ownership: 100.05%100.29% (+0.24%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

17% less repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 92

37% less call options, than puts

Call options by funds: $42.6M | Put options by funds: $67.7M

Holders
266
Holders Change
+16
Holders Change %
+6.4%
% of All Funds
5.76%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
48
Increased
76
Reduced
92
Closed
30
Calls
$42.6M
Puts
$67.7M
Net Calls
-$25.1M
Net Calls Change
-$11.7M
Name Holding Trade Value Shares
Change
Change in
Stake
BA
51
Broadview Advisors
Wisconsin
$6.41M -$1.82M -6,650 -23%
Royal Bank of Canada
52
Royal Bank of Canada
Ontario, Canada
$6.23M -$588K -2,148 -9%
NAP
53
New Amsterdam Partners
New York
$6.17M -$271K -991 -5%
AG
54
Aperio Group
California
$5.88M -$4.1M -14,983 -43%
Manulife (Manufacturers Life Insurance)
55
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$5.71M -$131K -479 -2%
Allianz Asset Management
56
Allianz Asset Management
Germany
$5.38M -$3.11M -11,378 -38%
New York State Teachers Retirement System (NYSTRS)
57
New York State Teachers Retirement System (NYSTRS)
New York
$5.13M -$55K -201 -1%
Bank of America
58
Bank of America
North Carolina
$5.08M +$70.8K +259 +2%
Federated Hermes
59
Federated Hermes
Pennsylvania
$4.94M -$2.52M -9,197 -35%
Squarepoint
60
Squarepoint
New York
$4.9M -$1.69M -6,174 -27%
JP Morgan Chase
61
JP Morgan Chase
New York
$4.75M -$14.2M -51,990 -76%
TCIM
62
TIAA CREF Investment Management
New York
$4.7M -$190K -693 -4%
Swiss National Bank
63
Swiss National Bank
Switzerland
$4.63M +$54.7K +200 +1%
Bessemer Group
64
Bessemer Group
New Jersey
$4.39M +$1.29M +4,700 +46%
California Public Employees Retirement System
65
California Public Employees Retirement System
California
$4.22M +$34.7K +127 +0.9%
HSBC Holdings
66
HSBC Holdings
United Kingdom
$4.15M +$68.9K +252 +2%
EGM
67
Engineers Gate Manager
New York
$3.96M +$3.68M +13,453 New
CS
68
Credit Suisse
Switzerland
$3.94M +$636K +2,325 +21%
PP
69
PDT Partners
New York
$3.93M +$3.65M +13,330 New
California State Teachers Retirement System (CalSTRS)
70
California State Teachers Retirement System (CalSTRS)
California
$3.73M -$105K -383 -3%
UBS Group
71
UBS Group
Switzerland
$3.67M -$2.32M -8,482 -41%
PIM
72
Profit Investment Management
Maryland
$3.34M
Retirement Systems of Alabama
73
Retirement Systems of Alabama
Alabama
$3.34M +$49.8K +182 +2%
QI
74
QS Investors
New York
$3.1M +$657K +2,400 +30%
First Trust Advisors
75
First Trust Advisors
Illinois
$3.09M +$97.4K +356 +4%

SAM Hedge Fund Activity: Q1 2019 in Review

266 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q1 2019, worth a combined $2.57B — up 24% from $2.07B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new SAM positions and 30 closed out — a net gain of 18 holders — while 76 added to existing stakes and 92 trimmed.

The largest buyer was Renaissance Technologies, adding an estimated $29.6M. The largest seller was T. Rowe Price Associates, cutting an estimated $21.6M.

  • 266 institutional investors held Boston Beer (SAM) as of Q1 2019, up from 250 in Q4 2018.
  • Funds reported $2.57B of Boston Beer stock for Q1 2019, up 24% quarter-over-quarter.
  • 48 funds opened new Boston Beer positions in Q1 2019 and 30 closed out, a net change of +18 holders.
  • The largest Boston Beer buyer in Q1 2019 was Renaissance Technologies, an estimated $29.6M added.
  • The largest Boston Beer seller in Q1 2019 was T. Rowe Price Associates, an estimated $21.6M sold.

Based on aggregated 13F filings for Q1 2019.