Boston Beer
187 hedge funds and large institutions have $1.72B invested in Boston Beer in 2014 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 63 increasing their positions, 67 reducing their positions, and 14 closing their positions.
71% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 14
6% more funds holding
Funds holding: 177 → 187 (+10)
2% less capital invested
Capital invested by funds: $1.74B → $1.72B (-$28.3M)
6% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 67
1.5% less ownership
Funds ownership: 84.76% → 83.27% (-1.5%)
14% less call options, than puts
Call options by funds: $20.2M | Put options by funds: $23.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$7.75M |
| 2 |
RIG
Roosevelt Investment Group
New York
|
+$7.73M |
| 3 |
TG
TCW Group
Los Angeles,
California
|
+$5.4M |
| 4 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$3.3M |
| 5 |
LI
LMCG Investments
Boston,
Massachusetts
|
+$3.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$16.4M |
| 2 |
Renaissance Technologies
New York
|
-$10.8M |
| 3 |
Neuberger Berman Group
New York
|
-$6.07M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$4.48M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.32M |
SAM Hedge Fund Activity: Q3 2014 in Review
187 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q3 2014, worth a combined $1.72B — down 1.6% from $1.74B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SAM positions and 14 closed out — a net gain of 10 holders — while 63 added to existing stakes and 67 trimmed.
The largest buyer was Fred Alger Management, opening a new position worth an estimated $7.75M. The largest seller was Norges Bank, cutting an estimated $16.4M.
- 187 institutional investors held Boston Beer (SAM) as of Q3 2014, up from 177 in Q2 2014.
- Funds reported $1.72B of Boston Beer stock for Q3 2014, down 1.6% quarter-over-quarter.
- 24 funds opened new Boston Beer positions in Q3 2014 and 14 closed out, a net change of +10 holders.
- The largest Boston Beer buyer in Q3 2014 was Fred Alger Management, an estimated $7.75M added.
- The largest Boston Beer seller in Q3 2014 was Norges Bank, an estimated $16.4M sold.
Based on aggregated 13F filings for Q3 2014.