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Boston Beer

177 hedge funds and large institutions have $1.74B invested in Boston Beer in 2014 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 70 increasing their positions, 57 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 57

0.57% more ownership

Funds ownership: 84.19%84.76% (+0.57%)

2% less funds holding

Funds holding: 180177 (-3)

8% less capital invested

Capital invested by funds: $1.89B → $1.74B (-$148M)

10% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 20

60% less call options, than puts

Call options by funds: $27.2M | Put options by funds: $67.5M

Holders
177
Holders Change
-3
Holders Change %
-1.67%
% of All Funds
5.09%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
18
Increased
70
Reduced
57
Closed
20
Calls
$27.2M
Puts
$67.5M
Net Calls
-$40.3M
Net Calls Change
-$45.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$236M +$2.07M +9,100 +0.9%
Neuberger Berman Group
2
Neuberger Berman Group
New York
$145M -$6.38M -27,989 -4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$132M +$184K +808 +0.1%
KCM
4
Kornitzer Capital Management
Kansas
$98.2M +$644K +2,825 +0.6%
BFA
5
BlackRock Fund Advisors
California
$98.2M -$6.7M -29,384 -6%
Franklin Resources
6
Franklin Resources
California
$95.7M +$3.35M +14,699 +4%
BAMCO Inc
7
BAMCO Inc
New York
$73.8M
Fisher Asset Management
8
Fisher Asset Management
Washington
$72.8M -$1.29M -5,657 -2%
GGHC
9
Gilder Gagnon Howe & Co
New York
$57.5M -$872K -3,825 -1%
BIT
10
BlackRock Institutional Trust
California
$51M +$1.68M +7,354 +3%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$45.2M +$273K +1,200 +0.6%
TCM
12
TimesSquare Capital Management
New York
$40.9M -$144K -630 -0.3%
Renaissance Technologies
13
Renaissance Technologies
New York
$38.6M +$2.55M +11,170 +7%
State Street
14
State Street
Massachusetts
$36.3M -$545K -2,391 -1%
O
15
OppenheimerFunds
New York
$35.8M +$13.7M +60,020 +60%
Norges Bank
16
Norges Bank
Norway
$33.6M +$17.1M +75,147 +100%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$27.1M -$362K -1,587 -1%
American Century Companies
18
American Century Companies
Missouri
$26.1M +$24.7M +108,547 +1,296%
Northern Trust
19
Northern Trust
Illinois
$24.1M -$1.73M -7,608 -7%
State of New Jersey Common Pension Fund D
20
State of New Jersey Common Pension Fund D
New Jersey
$22.7M +$23.1M +101,500 New
GI
21
GAMCO Investors
Connecticut
$16.6M -$3.3M -14,500 -16%
EAM
22
Eagle Asset Management
Florida
$16M -$1.53M -6,714 -9%
PNC Financial Services Group
23
PNC Financial Services Group
Pennsylvania
$13.1M +$1.59M +6,995 +14%
TG
24
TCW Group
California
$13.1M -$262K -1,149 -2%
Principal Financial Group
25
Principal Financial Group
Iowa
$12.4M -$149K -655 -1%

SAM Hedge Fund Activity: Q2 2014 in Review

177 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q2 2014, worth a combined $1.74B — down 7.8% from $1.89B a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of SAM and 18 opened new positions — a net loss of 2 holders — while 57 trimmed existing stakes and 70 added.

The largest buyer was American Century Companies, adding an estimated $24.7M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $37M sold.

  • 177 institutional investors held Boston Beer (SAM) as of Q2 2014, down from 180 in Q1 2014.
  • Funds reported $1.74B of Boston Beer stock for Q2 2014, down 7.8% quarter-over-quarter.
  • 18 funds opened new Boston Beer positions in Q2 2014 and 20 closed out, a net change of -2 holders.
  • The largest Boston Beer buyer in Q2 2014 was American Century Companies, an estimated $24.7M added.
  • The largest Boston Beer seller in Q2 2014 was Lord, Abbett & Co, an estimated $37M sold.

Based on aggregated 13F filings for Q2 2014.