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Boston Beer

317 hedge funds and large institutions have $2.65B invested in Boston Beer in 2022 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 94 increasing their positions, 108 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 31

6% more funds holding

Funds holding: 299317 (+18)

7% more call options, than puts

Call options by funds: $203M | Put options by funds: $190M

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less capital invested

Capital invested by funds: $2.75B → $2.65B (-$96.7M)

3.27% less ownership

Funds ownership: 82.97%79.7% (-3.3%)

13% less repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 108

Holders
317
Holders Change
+18
Holders Change %
+6.02%
% of All Funds
5.1%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
52
Increased
94
Reduced
108
Closed
31
Calls
$203M
Puts
$190M
Net Calls
+$13.1M
Net Calls Change
+$99.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
51
Royal Bank of Canada
Ontario, Canada
$5.56M +$998K +2,750 +19%
CAM
52
Centre Asset Management
New York
$5.52M +$6.08M +16,761 New
Capital Fund Management (CFM)
53
Capital Fund Management (CFM)
France
$5.49M +$1.25M +3,443 +26%
Ameriprise
54
Ameriprise
Minnesota
$5.19M -$11.7M -32,326 -67%
D.E. Shaw & Co
55
D.E. Shaw & Co
New York
$4.87M -$5.73M -15,805 -52%
AIG
56
American International Group
New York
$4.85M -$119K -327 -2%
GS
57
Gagnon Securities
New York
$4.82M +$2.54K +7 +0%
GAM
58
Gotham Asset Management
New York
$4.82M +$1.46M +4,027 +38%
Citigroup
59
Citigroup
New York
$4.8M -$599K -1,650 -10%
New York State Teachers Retirement System (NYSTRS)
60
New York State Teachers Retirement System (NYSTRS)
New York
$4.76M +$362K +997 +7%
Marshall Wace
61
Marshall Wace
United Kingdom
$4.68M +$5.15M +14,203 New
AllianceBernstein
62
AllianceBernstein
Tennessee
$4.67M -$5.8K -16 -0.1%
Wells Fargo
63
Wells Fargo
California
$4.43M -$1.03M -2,853 -18%
California State Teachers Retirement System (CalSTRS)
64
California State Teachers Retirement System (CalSTRS)
California
$4.03M +$51.9K +143 +1%
State Board of Administration of Florida Retirement System
65
State Board of Administration of Florida Retirement System
Florida
$3.79M -$1.93M -5,320 -32%
AG
66
Algert Global
California
$3.78M -$812K -2,238 -16%
TC
67
TwinBeech Capital
New York
$3.54M +$3.89M +10,734 New
CS
68
Credit Suisse
Switzerland
$3.51M +$816K +2,249 +27%
New York State Common Retirement Fund
69
New York State Common Retirement Fund
New York
$3.45M -$2.54K -7 -0.1%
SEI Investments
70
SEI Investments
Pennsylvania
$3.22M -$54.4K -150 -2%
PI
71
PEAK6 Investments
Illinois
$3.11M +$2.42M +6,674 +242%
VOYA Investment Management
72
VOYA Investment Management
Georgia
$3.07M +$274K +756 +9%
UBS AM
73
UBS AM
Illinois
$2.84M
BGIM
74
Brandywine Global Investment Management
Pennsylvania
$2.71M +$976K +2,690 +49%
Canada Life
75
Canada Life
Manitoba, Canada
$2.64M +$473K +1,305 +19%

SAM Hedge Fund Activity: Q4 2022 in Review

317 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q4 2022, worth a combined $2.65B — down 3.5% from $2.75B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new SAM positions and 31 closed out — a net gain of 21 holders — while 94 added to existing stakes and 108 trimmed.

The largest buyer was Baird Financial Group, adding an estimated $54.9M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $55.9M.

  • 317 institutional investors held Boston Beer (SAM) as of Q4 2022, up from 299 in Q3 2022.
  • Funds reported $2.65B of Boston Beer stock for Q4 2022, down 3.5% quarter-over-quarter.
  • 52 funds opened new Boston Beer positions in Q4 2022 and 31 closed out, a net change of +21 holders.
  • The largest Boston Beer buyer in Q4 2022 was Baird Financial Group, an estimated $54.9M added.
  • The largest Boston Beer seller in Q4 2022 was Manulife (Manufacturers Life Insurance), an estimated $55.9M sold.

Based on aggregated 13F filings for Q4 2022.