Boston Beer
203 hedge funds and large institutions have $2.35B invested in Boston Beer in 2014 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 63 increasing their positions, 69 reducing their positions, and 19 closing their positions.
105% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 19
68% more call options, than puts
Call options by funds: $26.9M | Put options by funds: $16M
37% more capital invested
Capital invested by funds: $1.72B → $2.35B (+$631M)
9% more funds holding
Funds holding: 187 → 203 (+16)
3.6% more ownership
Funds ownership: 83.27% → 86.87% (+3.6%)
9% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
+$42M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$22.9M |
| 3 |
CCM
Crestwood Capital Management
New York
|
+$18.7M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$17.5M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$16.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$64.7M |
| 2 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$12.6M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$10.1M |
| 4 |
Neuberger Berman Group
New York
|
-$8.18M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$7.87M |
SAM Hedge Fund Activity: Q4 2014 in Review
203 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q4 2014, worth a combined $2.35B — up 37% from $1.72B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new SAM positions and 19 closed out — a net gain of 20 holders — while 63 added to existing stakes and 69 trimmed.
The largest buyer was RS Investment Management, opening a new position worth an estimated $42M. The largest seller was Gilder Gagnon Howe & Co, cutting an estimated $64.7M.
- 203 institutional investors held Boston Beer (SAM) as of Q4 2014, up from 187 in Q3 2014.
- Funds reported $2.35B of Boston Beer stock for Q4 2014, up 37% quarter-over-quarter.
- 39 funds opened new Boston Beer positions in Q4 2014 and 19 closed out, a net change of +20 holders.
- The largest Boston Beer buyer in Q4 2014 was RS Investment Management, an estimated $42M added.
- The largest Boston Beer seller in Q4 2014 was Gilder Gagnon Howe & Co, an estimated $64.7M sold.
Based on aggregated 13F filings for Q4 2014.