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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
TPSF
101
Texas Permanent School Fund
Texas
$2.24M +$7.92K +25 +0.4%
PFO
102
Pathstone Family Office
New Jersey
$2.16M
KCM
103
Kornitzer Capital Management
Kansas
$2.05M -$4.75K -15 -0.3%
Citigroup
104
Citigroup
New York
$2M +$103K +325 +7%
Public Sector Pension Investment Board (PSP Investments)
105
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.89M
MLICM
106
Metropolitan Life Insurance Company (MetLife)
New York
$1.88M +$3.48K +11 +0.2%
CCI
107
Columbus Circle Investors
$1.88M +$1.58M +4,976 New
Jane Street
108
Jane Street
New York
$1.86M +$1.09M +3,442 +231%
QIM
109
Quantitative Investment Management
Virginia
$1.85M -$1.05M -3,309 -40%
AG
110
Advisor Group
Arizona
$1.78M +$291K +919 +24%
UBS Group
111
UBS Group
Switzerland
$1.76M -$2.46M -7,771 -62%
MSA
112
Mason Street Advisors
Wisconsin
$1.76M +$10.4K +33 +0.7%
Envestnet Asset Management
113
Envestnet Asset Management
Illinois
$1.74M +$611K +1,930 +72%
Coatue Management
114
Coatue Management
New York
$1.6M +$1.34M +4,243 New
CSS
115
Cubist Systematic Strategies
Connecticut
$1.59M -$400K -1,264 -23%
State Board of Administration of Florida Retirement System
116
State Board of Administration of Florida Retirement System
Florida
$1.59M +$111K +350 +9%
DCM
117
Dupont Capital Management
Delaware
$1.51M
Comerica Bank
118
Comerica Bank
Texas
$1.5M -$21.9K -69 -2%
GCP
119
GSA Capital Partners
United Kingdom
$1.48M -$757K -2,391 -38%
AFA
120
Abacus FCF Advisors
Florida
$1.45M -$137K -433 -10%
FDCDDQ
121
Federation des caisses Desjardins du Quebec
Quebec, Canada
$1.43M +$1.2M +3,800 New
EMG
122
Ellington Management Group
Connecticut
$1.36M +$760K +2,400 +200%
OPERF
123
Oregon Public Employees Retirement Fund
Oregon
$1.31M +$15.8K +50 +1%
Pacer Advisors
124
Pacer Advisors
Pennsylvania
$1.31M +$1.1M +3,467 New
Fifth Third Bancorp
125
Fifth Third Bancorp
Ohio
$1.29M -$107K -338 -9%

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.