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Boston Beer

238 hedge funds and large institutions have $1.4B invested in Boston Beer in 2017 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 69 increasing their positions, 84 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 22

22% more capital invested

Capital invested by funds: $1.15B → $1.4B (+$249M)

9% more funds holding

Funds holding: 219238 (+19)

6.23% more ownership

Funds ownership: 93.86%100.1% (+6.2%)

8% less call options, than puts

Call options by funds: $29.3M | Put options by funds: $32M

18% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 84

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
238
Holders Change
+19
Holders Change %
+8.68%
% of All Funds
5.93%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
41
Increased
69
Reduced
84
Closed
22
Calls
$29.3M
Puts
$32M
Net Calls
-$2.69M
Net Calls Change
+$33.7M
Name Holding Trade Value Shares
Change
Change in
Stake
AG
76
Algert Global
California
$2.44M +$2.28M +15,635 New
Bank of Nova Scotia
77
Bank of Nova Scotia
Ontario, Canada
$2.44M +$74.5K +510 +3%
OAM
78
Oxford Asset Management
United Kingdom
$2.4M -$670K -4,583 -23%
GS
79
GAM Systematic
United Kingdom
$2.34M +$678K +4,644 +45%
KCM
80
Kornitzer Capital Management
Kansas
$2.32M -$262K -1,790 -11%
PIM
81
Profit Investment Management
Maryland
$2.15M +$428K +2,932 +27%
California State Teachers Retirement System (CalSTRS)
82
California State Teachers Retirement System (CalSTRS)
California
$2.14M -$295K -2,016 -13%
MLICM
83
Metropolitan Life Insurance Company (MetLife)
New York
$2.1M -$184K -1,257 -9%
GAM
84
Gotham Asset Management
New York
$2.03M +$1.07M +7,297 +128%
VOYA Investment Management
85
VOYA Investment Management
Georgia
$2.01M +$1.28M +8,742 +213%
Wellington Management Group
86
Wellington Management Group
Massachusetts
$1.84M +$1.05M +7,159 +156%
Russell Investments Group
87
Russell Investments Group
United Kingdom
$1.81M +$768K +5,260 +83%
Bank of America
88
Bank of America
North Carolina
$1.77M -$3.33M -22,801 -67%
California Public Employees Retirement System
89
California Public Employees Retirement System
California
$1.69M +$43.8K +300 +3%
First Trust Advisors
90
First Trust Advisors
Illinois
$1.69M +$432K +2,958 +38%
Renaissance Technologies
91
Renaissance Technologies
New York
$1.66M +$1.17M +8,000 +308%
SFM
92
Systematic Financial Management
New Jersey
$1.59M +$1.49M +10,205 New
UMA
93
USA Mutuals Advisors
Texas
$1.56M
CIP
94
Convergence Investment Partners
Florida
$1.55M +$1.45M +9,901 New
Bessemer Group
95
Bessemer Group
New Jersey
$1.55M
New York State Common Retirement Fund
96
New York State Common Retirement Fund
New York
$1.53M -$2.82M -19,274 -66%
DCM
97
Dupont Capital Management
Delaware
$1.4M +$887K +6,069 +211%
Norges Bank
98
Norges Bank
Norway
$1.38M -$32.1M -219,887 -96%
DC
99
Davenport & Co
Virginia
$1.34M +$174K +1,190 +16%
TA
100
Teton Advisors
New York
$1.33M

SAM Hedge Fund Activity: Q3 2017 in Review

238 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q3 2017, worth a combined $1.4B — up 22% from $1.15B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new SAM positions and 22 closed out — a net gain of 19 holders — while 69 added to existing stakes and 84 trimmed.

The largest buyer was Two Sigma Investments, opening a new position worth an estimated $23.1M. The largest seller was Norges Bank, cutting an estimated $32.1M.

  • 238 institutional investors held Boston Beer (SAM) as of Q3 2017, up from 219 in Q2 2017.
  • Funds reported $1.4B of Boston Beer stock for Q3 2017, up 22% quarter-over-quarter.
  • 41 funds opened new Boston Beer positions in Q3 2017 and 22 closed out, a net change of +19 holders.
  • The largest Boston Beer buyer in Q3 2017 was Two Sigma Investments, an estimated $23.1M added.
  • The largest Boston Beer seller in Q3 2017 was Norges Bank, an estimated $32.1M sold.

Based on aggregated 13F filings for Q3 2017.