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Boston Beer

331 hedge funds and large institutions have $2.04B invested in Boston Beer in 2024 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 84 increasing their positions, 120 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 45

2% more funds holding

Funds holding: 324331 (+7)

1.34% more ownership

Funds ownership: 71.81%73.16% (+1.3%)

6% less call options, than puts

Call options by funds: $43.2M | Put options by funds: $45.8M

6% less capital invested

Capital invested by funds: $2.17B → $2.04B (-$131M)

30% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 120

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
331
Holders Change
+7
Holders Change %
+2.16%
% of All Funds
4.75%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
53
Increased
84
Reduced
120
Closed
45
Calls
$43.2M
Puts
$45.8M
Net Calls
-$2.65M
Net Calls Change
-$12.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Principal Financial Group
51
Principal Financial Group
Iowa
$5.9M -$2.8M -10,051 -33%
Marshall Wace
52
Marshall Wace
United Kingdom
$5.88M -$22.4M -80,301 -80%
CFM
53
Crawford Fund Management
Massachusetts
$5.76M -$719K -2,579 -11%
Verition Fund Management
54
Verition Fund Management
Connecticut
$5.69M +$4.69M +16,808 +583%
Tudor Investment Corp
55
Tudor Investment Corp
Connecticut
$5.6M -$20.4K -73 -0.4%
Swiss National Bank
56
Swiss National Bank
Switzerland
$5.32M -$55.8K -200 -1%
Holocene Advisors
57
Holocene Advisors
New York
$5.04M +$2.76M +9,882 +131%
Retirement Systems of Alabama
58
Retirement Systems of Alabama
Alabama
$4.98M -$160K -575 -3%
GF
59
Gabelli Funds
New York
$4.94M -$460K -1,650 -9%
UBS AM
60
UBS AM
Illinois
$4.84M -$683K -2,450 -13%
Franklin Resources
61
Franklin Resources
California
$4.24M +$392K +1,406 +10%
EGM
62
Engineers Gate Manager
New York
$4.22M +$3.12M +11,200 +331%
Los Angeles Capital Management
63
Los Angeles Capital Management
California
$4.14M -$117K -419 -3%
Legal & General Group
64
Legal & General Group
United Kingdom
$4.09M +$47.4K +170 +1%
New York State Teachers Retirement System (NYSTRS)
65
New York State Teachers Retirement System (NYSTRS)
New York
$4.05M -$170K -609 -4%
Barclays
66
Barclays
United Kingdom
$3.76M +$1.11M +3,983 +44%
CSS
67
Cubist Systematic Strategies
Connecticut
$3.62M +$3.49M +12,506 New
Capital Fund Management (CFM)
68
Capital Fund Management (CFM)
France
$3.62M +$3.49M +12,506 New
Ameriprise
69
Ameriprise
Minnesota
$3.57M -$283K -1,015 -8%
GI
70
GAMCO Investors
Connecticut
$3.55M -$1.26M -4,515 -27%
Man Group
71
Man Group
United Kingdom
$3.15M -$18.3M -65,794 -86%
Russell Investments Group
72
Russell Investments Group
United Kingdom
$3.12M -$169K -606 -5%
CF
73
Corebridge Financial
Texas
$3.02M -$317K -1,137 -10%
AllianceBernstein
74
AllianceBernstein
Tennessee
$2.86M -$1.11M -3,995 -29%
Cerity Partners
75
Cerity Partners
New York
$2.75M +$2.65M +9,512 New

SAM Hedge Fund Activity: Q3 2024 in Review

331 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q3 2024, worth a combined $2.04B — down 6% from $2.17B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new SAM positions and 45 closed out — a net gain of 8 holders — while 84 added to existing stakes and 120 trimmed.

The largest buyer was AQR Capital Management, adding an estimated $67.7M. The largest seller was Fidelity Investments, cutting an estimated $57.6M.

  • 331 institutional investors held Boston Beer (SAM) as of Q3 2024, up from 324 in Q2 2024.
  • Funds reported $2.04B of Boston Beer stock for Q3 2024, down 6% quarter-over-quarter.
  • 53 funds opened new Boston Beer positions in Q3 2024 and 45 closed out, a net change of +8 holders.
  • The largest Boston Beer buyer in Q3 2024 was AQR Capital Management, an estimated $67.7M added.
  • The largest Boston Beer seller in Q3 2024 was Fidelity Investments, an estimated $57.6M sold.

Based on aggregated 13F filings for Q3 2024.