Boston Beer
169 hedge funds and large institutions have $1.84B invested in Boston Beer in 2013 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 60 increasing their positions, 53 reducing their positions, and 18 closing their positions.
39% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 18
35% more capital invested
Capital invested by funds: $1.37B → $1.84B (+$475M)
13% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 53
2% more funds holding
Funds holding: 165 → 169 (+4)
4.56% less ownership
Funds ownership: 90.45% → 85.9% (-4.6%)
74% less call options, than puts
Call options by funds: $13.4M | Put options by funds: $52.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$50.6M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$11.8M |
| 3 |
D.E. Shaw & Co
New York
|
+$8.96M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$6.46M |
| 5 |
TA
Teachers Advisors
New York
|
+$5.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$69.1M |
| 2 |
Neuberger Berman Group
New York
|
-$37.6M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$18.3M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
-$11.8M |
| 5 |
SONJCPFA
State of New Jersey Common Pension Fund A
Trenton,
New Jersey
|
-$9.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
176
Icon Advisers
Greenwood Village,
Colorado
| – | -$768K | -4,500 | Closed |
|
|
TH
177
Timber Hill
Greenwich,
Connecticut
| – | -$872K | -4,217 | Closed |
|
178
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$702K | -4,113 | Closed |
|
|
PG
179
PEAK6 Group
Chicago,
Illinois
| – | -$596K | -2,880 | Closed |
|
|
NI
180
Numeric Investors
Boston,
Massachusetts
| – | -$384K | -2,250 | Closed |
|
181
Citadel Advisors
Miami,
Florida
| – | -$322K | -1,885 | Closed |
|
|
MCM
182
Matarin Capital Management
New York
| – | -$122K | -714 | Closed |
|
183
Group One Trading
Chicago,
Illinois
| – | -$16.3K | -79 | Closed |
|
184
Envestnet Asset Management
Chicago,
Illinois
| – | -$8K | -44 | Closed |
|
|
BWM
185
Baystate Wealth Management
Boston,
Massachusetts
| – | -$6K | -33 | Closed |
|
186
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$6K | -33 | Closed |
|
SAM Hedge Fund Activity: Q3 2013 in Review
169 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q3 2013, worth a combined $1.84B — up 35% from $1.37B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new SAM positions and 18 closed out — a net gain of 7 holders — while 60 added to existing stakes and 53 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $50.6M. The largest seller was Waddell & Reed Financial, cutting an estimated $69.1M.
- 169 institutional investors held Boston Beer (SAM) as of Q3 2013, up from 165 in Q2 2013.
- Funds reported $1.84B of Boston Beer stock for Q3 2013, up 35% quarter-over-quarter.
- 25 funds opened new Boston Beer positions in Q3 2013 and 18 closed out, a net change of +7 holders.
- The largest Boston Beer buyer in Q3 2013 was Fidelity Investments, an estimated $50.6M added.
- The largest Boston Beer seller in Q3 2013 was Waddell & Reed Financial, an estimated $69.1M sold.
Based on aggregated 13F filings for Q3 2013.