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Boston Beer

355 hedge funds and large institutions have $1.67B invested in Boston Beer in 2025 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 113 increasing their positions, 115 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more call options, than puts

Call options by funds: $33.3M | Put options by funds: $25.7M

21% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 57

13% more capital invested

Capital invested by funds: $1.48B → $1.67B (+$189M)

3% more funds holding

Funds holding: 345355 (+10)

1.96% more ownership

Funds ownership: 84.9%86.86% (+2%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less repeat investments, than reductions

Existing positions increased: 113 | Existing positions reduced: 115

Holders
355
Holders Change
+10
Holders Change %
+2.9%
% of All Funds
4.66%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
69
Increased
113
Reduced
115
Closed
57
Calls
$33.3M
Puts
$25.7M
Net Calls
+$7.64M
Net Calls Change
-$16.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Osaic Holdings
151
Osaic Holdings
Arizona
$451K +$288K +1,352 +186%
NAM
152
NorthCrest Asset Manangement
Minnesota
$450K +$433K +2,034 New
A
153
AlphaQuest
New York
$447K -$937K -4,405 -68%
Corient Private Wealth
154
Corient Private Wealth
Florida
$442K -$11.3K -53 -2%
SC
155
Syon Capital
California
$436K +$189K +888 +76%
Lazard Asset Management
156
Lazard Asset Management
New York
$434K -$194K -914 -31%
ICP
157
Ilex Capital Partners
United Kingdom
$432K +$435K +2,045 New
COPPSERS
158
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$429K -$18.1K -85 -4%
FPAS
159
Focus Partners Advisor Solutions
Missouri
$412K +$429K +2,017 New
Raymond James Financial
160
Raymond James Financial
Florida
$411K +$170K +799 +70%
BCM
161
Bayesian Capital Management
New York
$411K +$413K +1,942 New
NMERB
162
New Mexico Educational Retirement Board
New Mexico
$402K
SOMRS
163
State of Michigan Retirement System
Michigan
$398K -$21.3K -100 -5%
RGC
164
Roberts, Glore & Co
Illinois
$397K +$46.4K +218 +13%
GWMR
165
GC Wealth Management RIA
Massachusetts
$394K +$397K +1,864 New
KCP
166
Kera Capital Partners
California
$387K +$389K +1,829 New
Thrivent Financial for Lutherans
167
Thrivent Financial for Lutherans
Minnesota
$384K -$25.7K -121 -6%
SEI Investments
168
SEI Investments
Pennsylvania
$383K -$24.5K -115 -6%
NMIMC
169
Northwestern Mutual Investment Management Company
Wisconsin
$373K -$16K -75 -4%
AIM
170
Aigen Investment Management
New York
$371K +$34.9K +164 +10%
NS
171
NBC Securities
Alabama
$363K +$2.34K +11 +0.6%
Cetera Investment Advisers
172
Cetera Investment Advisers
Illinois
$358K +$8.72K +41 +2%
EWA
173
Exit Wealth Advisors
Georgia
$353K +$356K +1,672 New
YCM
174
Yousif Capital Management
Michigan
$353K -$55.3K -260 -13%
OAM
175
OP Asset Management
$352K +$354K +1,665 New

SAM Hedge Fund Activity: Q3 2025 in Review

355 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q3 2025, worth a combined $1.67B — up 13% from $1.48B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new SAM positions and 57 closed out — a net gain of 12 holders — while 113 added to existing stakes and 115 trimmed.

The largest buyer was AQR Capital Management, adding an estimated $106M. The largest seller was Millennium Management, cutting an estimated $32.6M.

  • 355 institutional investors held Boston Beer (SAM) as of Q3 2025, up from 345 in Q2 2025.
  • Funds reported $1.67B of Boston Beer stock for Q3 2025, up 13% quarter-over-quarter.
  • 69 funds opened new Boston Beer positions in Q3 2025 and 57 closed out, a net change of +12 holders.
  • The largest Boston Beer buyer in Q3 2025 was AQR Capital Management, an estimated $106M added.
  • The largest Boston Beer seller in Q3 2025 was Millennium Management, an estimated $32.6M sold.

Based on aggregated 13F filings for Q3 2025.