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Boston Beer

322 hedge funds and large institutions have $3.04B invested in Boston Beer in 2023 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 89 increasing their positions, 112 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

119% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 26

25% more capital invested

Capital invested by funds: $2.43B → $3.04B (+$607M)

9% more funds holding

Funds holding: 296322 (+26)

0.98% less ownership

Funds ownership: 77.24%76.27% (-0.98%)

21% less repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 112

37% less call options, than puts

Call options by funds: $112M | Put options by funds: $176M

Holders
322
Holders Change
+26
Holders Change %
+8.78%
% of All Funds
5.11%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.03%
New
57
Increased
89
Reduced
112
Closed
26
Calls
$112M
Puts
$176M
Net Calls
-$64.7M
Net Calls Change
-$10.1M
Name Holding Trade Value Shares
Change
Change in
Stake
KCM
51
Kornitzer Capital Management
Kansas
$6.37M -$58.5K -167 -1%
Envestnet Asset Management
52
Envestnet Asset Management
Illinois
$6.32M +$1.9M +5,418 +50%
Verition Fund Management
53
Verition Fund Management
Connecticut
$6.03M +$5.2M +14,840 +2,283%
GF
54
Gabelli Funds
New York
$6M
MOACM
55
Mutual of America Capital Management
New York
$5.46M -$404K -1,152 -8%
D.E. Shaw & Co
56
D.E. Shaw & Co
New York
$5.43M -$4.46M -12,726 -48%
AIG
57
American International Group
New York
$5.22M -$296K -846 -6%
New York State Teachers Retirement System (NYSTRS)
58
New York State Teachers Retirement System (NYSTRS)
New York
$5.2M -$316K -903 -6%
Jane Street
59
Jane Street
New York
$5.17M -$7.78M -22,198 -63%
Holocene Advisors
60
Holocene Advisors
New York
$4.98M +$885K +2,525 +25%
Two Sigma Investments
61
Two Sigma Investments
New York
$4.89M +$1.28M +3,650 +41%
AllianceBernstein
62
AllianceBernstein
Tennessee
$4.75M -$279K -797 -6%
GI
63
GAMCO Investors
Connecticut
$4.44M -$8.76K -25 -0.2%
Royal Bank of Canada
64
Royal Bank of Canada
Ontario, Canada
$4.44M -$978K -2,790 -20%
State Board of Administration of Florida Retirement System
65
State Board of Administration of Florida Retirement System
Florida
$4.25M +$498K +1,420 +15%
PIM
66
Profit Investment Management
Maryland
$4.25M +$1.04M +2,955 +37%
UBS AM
67
UBS AM
Illinois
$4.23M +$387K +1,104 +11%
BGIM
68
Brandywine Global Investment Management
Pennsylvania
$4.04M -$141K -403 -4%
Wells Fargo
69
Wells Fargo
California
$4.03M -$1.06M -3,012 -23%
GAM
70
Gotham Asset Management
New York
$3.68M +$572K +1,633 +21%
CS
71
Credit Suisse
Switzerland
$3.59M -$94.6K -270 -3%
Jacobs Levy Equity Management
72
Jacobs Levy Equity Management
New Jersey
$3.4M +$799K +2,280 +35%
Thrivent Financial for Lutherans
73
Thrivent Financial for Lutherans
Minnesota
$3.38M -$1.42M -4,051 -32%
T. Rowe Price Associates
74
T. Rowe Price Associates
Maryland
$3.35M -$140K -399 -4%
New York State Common Retirement Fund
75
New York State Common Retirement Fund
New York
$3.31M -$692K -1,976 -19%

SAM Hedge Fund Activity: Q3 2023 in Review

322 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q3 2023, worth a combined $3.04B — up 25% from $2.43B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new SAM positions and 26 closed out — a net gain of 31 holders — while 89 added to existing stakes and 112 trimmed.

The largest buyer was Balyasny Asset Management, adding an estimated $49.6M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $41.5M.

  • 322 institutional investors held Boston Beer (SAM) as of Q3 2023, up from 296 in Q2 2023.
  • Funds reported $3.04B of Boston Beer stock for Q3 2023, up 25% quarter-over-quarter.
  • 57 funds opened new Boston Beer positions in Q3 2023 and 26 closed out, a net change of +31 holders.
  • The largest Boston Beer buyer in Q3 2023 was Balyasny Asset Management, an estimated $49.6M added.
  • The largest Boston Beer seller in Q3 2023 was T. Rowe Price Investment Management, an estimated $41.5M sold.

Based on aggregated 13F filings for Q3 2023.