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Boston Beer

345 hedge funds and large institutions have $1.48B invested in Boston Beer in 2025 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 119 increasing their positions, 100 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more call options, than puts

Call options by funds: $59.5M | Put options by funds: $35.1M

56% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 43

19% more repeat investments, than reductions

Existing positions increased: 119 | Existing positions reduced: 100

6% more funds holding

Funds holding: 326345 (+19)

2.46% more ownership

Funds ownership: 82.44%84.9% (+2.5%)

15% less capital invested

Capital invested by funds: $1.75B → $1.48B (-$268M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
345
Holders Change
+19
Holders Change %
+5.83%
% of All Funds
4.54%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
67
Increased
119
Reduced
100
Closed
43
Calls
$59.5M
Puts
$35.1M
Net Calls
+$24.4M
Net Calls Change
+$8.93M
Name Holding Trade Value Shares
Change
Change in
Stake
Squarepoint
151
Squarepoint
New York
$432K +$521K +2,264 New
WG
152
Winton Group
United Kingdom
$428K +$516K +2,243 New
VRS
153
Virginia Retirement Systems
Virginia
$417K +$69.1K +300 +16%
Corient Private Wealth
154
Corient Private Wealth
Florida
$409K +$192K +836 +64%
Balyasny Asset Management
155
Balyasny Asset Management
Illinois
$407K -$67.7K -294 -12%
Wealth Enhancement Advisory Services
156
Wealth Enhancement Advisory Services
Minnesota
$407K +$103K +448 +28%
COPPSERS
157
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$404K +$13.3K +58 +3%
BC
158
Bayforest Capital
United Kingdom
$400K +$62.6K +272 +15%
DS
159
DRW Securities
Illinois
$385K +$465K +2,020 New
SOMRS
160
State of Michigan Retirement System
Michigan
$378K -$23K -100 -5%
Thrivent Financial for Lutherans
161
Thrivent Financial for Lutherans
Minnesota
$370K -$18.2K -79 -4%
YCM
162
Yousif Capital Management
Michigan
$368K -$29.5K -128 -6%
SEI Investments
163
SEI Investments
Pennsylvania
$367K +$85.2K +370 +24%
NMERB
164
New Mexico Educational Retirement Board
New Mexico
$363K
JG
165
Jain Global
New York
$363K +$46.3K +201 +12%
DIS
166
Diversified Investment Strategies
Louisiana
$357K
State of Tennessee, Department of Treasury
167
State of Tennessee, Department of Treasury
Tennessee
$351K
NMIMC
168
Northwestern Mutual Investment Management Company
Wisconsin
$351K -$17K -74 -4%
NS
169
NBC Securities
Alabama
$325K -$43.5K -189 -10%
SPFA
170
Summit Place Financial Advisors
New Jersey
$325K +$93.7K +407 +31%
RGC
171
Roberts, Glore & Co
Illinois
$317K +$691 +3 +0.2%
Cetera Investment Advisers
172
Cetera Investment Advisers
Illinois
$315K +$57.8K +251 +18%
OPERF
173
Oregon Public Employees Retirement Fund
Oregon
$315K -$23K -100 -6%
PTC
174
Petrus Trust Company
Texas
$315K +$380K +1,649 New
DT
175
Diversified Trust
Tennessee
$313K +$378K +1,641 New

SAM Hedge Fund Activity: Q2 2025 in Review

345 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q2 2025, worth a combined $1.48B — down 15% from $1.75B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new SAM positions and 43 closed out — a net gain of 24 holders — while 119 added to existing stakes and 100 trimmed.

The largest buyer was Toronto Dominion Bank, opening a new position worth an estimated $35.4M. The largest seller was Nuveen, cutting an estimated $67.7M.

  • 345 institutional investors held Boston Beer (SAM) as of Q2 2025, up from 326 in Q1 2025.
  • Funds reported $1.48B of Boston Beer stock for Q2 2025, down 15% quarter-over-quarter.
  • 67 funds opened new Boston Beer positions in Q2 2025 and 43 closed out, a net change of +24 holders.
  • The largest Boston Beer buyer in Q2 2025 was Toronto Dominion Bank, an estimated $35.4M added.
  • The largest Boston Beer seller in Q2 2025 was Nuveen, an estimated $67.7M sold.

Based on aggregated 13F filings for Q2 2025.