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Boston Beer

270 hedge funds and large institutions have $3.32B invested in Boston Beer in 2019 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 75 increasing their positions, 98 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

29% more capital invested

Capital invested by funds: $2.57B → $3.32B (+$749M)

28% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 36

2% more funds holding

Funds holding: 266270 (+4)

0.26% more ownership

Funds ownership: 100.29%100.55% (+0.26%)

13% less call options, than puts

Call options by funds: $72.3M | Put options by funds: $83.1M

23% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 98

Holders
270
Holders Change
+4
Holders Change %
+1.5%
% of All Funds
5.86%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
46
Increased
75
Reduced
98
Closed
36
Calls
$72.3M
Puts
$83.1M
Net Calls
-$10.8M
Net Calls Change
+$14.2M
Name Holding Trade Value Shares
Change
Change in
Stake
AG
51
Aperio Group
California
$7.7M +$135K +426 +2%
Canada Pension Plan Investment Board
52
Canada Pension Plan Investment Board
Ontario, Canada
$7.59M -$5.07M -16,000 -44%
Manulife (Manufacturers Life Insurance)
53
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$7.26M -$48.1K -152 -0.8%
Morgan Stanley
54
Morgan Stanley
New York
$7.08M -$2.03M -6,421 -26%
American Century Companies
55
American Century Companies
Missouri
$6.8M +$2.63M +8,291 +85%
BA
56
Broadview Advisors
Wisconsin
$6.77M -$1.22M -3,850 -18%
Allianz Asset Management
57
Allianz Asset Management
Germany
$6.55M -$287K -905 -5%
MC
58
Maverick Capital
Texas
$6.54M +$2.77M +8,750 +102%
QI
59
QS Investors
New York
$6.45M +$2.07M +6,550 +62%
PP
60
PDT Partners
New York
$6.35M +$1.1M +3,470 +26%
DWA
61
Dorsey Wright & Associates
California
$6.1M +$3.23M +10,201 +172%
New York State Teachers Retirement System (NYSTRS)
62
New York State Teachers Retirement System (NYSTRS)
New York
$6.08M -$418K -1,319 -8%
Swiss National Bank
63
Swiss National Bank
Switzerland
$5.82M -$95K -300 -2%
AC
64
Apertura Capital
Texas
$5.67M +$4.75M +15,000 New
Federated Hermes
65
Federated Hermes
Pennsylvania
$5.59M -$619K -1,954 -12%
GF
66
Gabelli Funds
New York
$5.51M -$3.04M -9,600 -40%
Bessemer Group
67
Bessemer Group
New Jersey
$5.4M -$190K -600 -4%
California Public Employees Retirement System
68
California Public Employees Retirement System
California
$5.4M -$9.5K -30 -0.2%
MSL
69
Mackay Shields LLC
New York
$5.25M +$2.34M +7,382 +113%
RAM
70
RK Asset Management
Michigan
$5.08M -$5.81M -18,353 -58%
JP Morgan Chase
71
JP Morgan Chase
New York
$4.97M -$794K -2,507 -16%
California State Teachers Retirement System (CalSTRS)
72
California State Teachers Retirement System (CalSTRS)
California
$4.86M +$69K +218 +2%
Bank of America
73
Bank of America
North Carolina
$4.75M -$1.47M -4,657 -27%
Susquehanna International Group
74
Susquehanna International Group
Pennsylvania
$4.68M -$4.24M -13,386 -52%
First Trust Advisors
75
First Trust Advisors
Illinois
$4.61M +$544K +1,717 +16%

SAM Hedge Fund Activity: Q2 2019 in Review

270 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q2 2019, worth a combined $3.32B — up 29% from $2.57B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new SAM positions and 36 closed out — a net gain of 10 holders — while 75 added to existing stakes and 98 trimmed.

The largest buyer was Renaissance Technologies, adding an estimated $35.7M. The largest seller was Jupiter Investment Management, cutting an estimated $35.1M.

  • 270 institutional investors held Boston Beer (SAM) as of Q2 2019, up from 266 in Q1 2019.
  • Funds reported $3.32B of Boston Beer stock for Q2 2019, up 29% quarter-over-quarter.
  • 46 funds opened new Boston Beer positions in Q2 2019 and 36 closed out, a net change of +10 holders.
  • The largest Boston Beer buyer in Q2 2019 was Renaissance Technologies, an estimated $35.7M added.
  • The largest Boston Beer seller in Q2 2019 was Jupiter Investment Management, an estimated $35.1M sold.

Based on aggregated 13F filings for Q2 2019.