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Boston Beer

219 hedge funds and large institutions have $1.81B invested in Boston Beer in 2015 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 91 increasing their positions, 65 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

40% more repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 65

3% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 31

0.23% more ownership

Funds ownership: 88.6%88.83% (+0.23%)

0% more funds holding

Funds holding: 219219 (0)

9% less capital invested

Capital invested by funds: $1.99B → $1.81B (-$184M)

49% less call options, than puts

Call options by funds: $24.6M | Put options by funds: $48.3M

Holders
219
Holders Change
Holders Change %
0%
% of All Funds
6.11%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
32
Increased
91
Reduced
65
Closed
31
Calls
$24.6M
Puts
$48.3M
Net Calls
-$23.7M
Net Calls Change
+$2.15M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$222M -$4.8M -21,700 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$131M -$513K -2,321 -0.4%
TCM
3
Tybourne Capital Management
Hong Kong
$116M +$59.6M +269,451 +95%
Neuberger Berman Group
4
Neuberger Berman Group
New York
$104M -$2.27M -10,250 -2%
American Century Companies
5
American Century Companies
Missouri
$99.8M +$24.3M +109,681 +30%
BFA
6
BlackRock Fund Advisors
California
$94.8M +$3.28M +14,822 +3%
BAMCO Inc
7
BAMCO Inc
New York
$77.4M -$317K -1,433 -0.4%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$64.1M -$5.44M -24,583 -7%
Fisher Asset Management
9
Fisher Asset Management
Washington
$60.7M -$2.76M -12,490 -4%
State Street
10
State Street
Massachusetts
$58.4M +$1.71M +7,723 +3%
BIT
11
BlackRock Institutional Trust
California
$53M +$2.02M +9,149 +4%
CGI
12
CI Global Investments
California
$50M +$52.5M +237,500 New
TCM
13
TimesSquare Capital Management
New York
$41.1M -$5.46M -24,679 -11%
KCM
14
Kornitzer Capital Management
Kansas
$33.8M -$16.7M -75,720 -32%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$32.5M +$10.9M +49,283 +47%
Northern Trust
16
Northern Trust
Illinois
$29.7M +$2.51M +11,334 +9%
JP Morgan Chase
17
JP Morgan Chase
New York
$27M +$27.8M +125,729 +4,784%
Norges Bank
18
Norges Bank
Norway
$20.1M
GAM
19
Gotham Asset Management
New York
$19.5M +$20.2M +91,269 +5,900%
Two Sigma Investments
20
Two Sigma Investments
New York
$19M -$2.08M -9,405 -9%
Two Sigma Advisers
21
Two Sigma Advisers
New York
$18.5M +$7.39M +33,400 +61%
PNC Financial Services Group
22
PNC Financial Services Group
Pennsylvania
$16M +$805K +3,642 +5%
CPIM
23
Columbia Partners Investment Management
Virginia
$15.9M +$8.29M +37,472 +99%
Renaissance Technologies
24
Renaissance Technologies
New York
$14.6M -$12.4M -56,076 -45%
ACH
25
ArrowMark Colorado Holdings
Colorado
$14.5M +$15.2M +68,713 New

SAM Hedge Fund Activity: Q3 2015 in Review

219 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q3 2015, worth a combined $1.81B — down 9.2% from $1.99B a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new SAM positions and 31 closed out — a net gain of 1 holder — while 91 added to existing stakes and 65 trimmed.

The largest buyer was Tybourne Capital Management, adding an estimated $59.6M. The largest seller was Franklin Resources, exiting entirely with an estimated $71.1M sold.

  • 219 institutional investors held Boston Beer (SAM) as of Q3 2015, unchanged from Q2 2015.
  • Funds reported $1.81B of Boston Beer stock for Q3 2015, down 9.2% quarter-over-quarter.
  • 32 funds opened new Boston Beer positions in Q3 2015 and 31 closed out, a net change of +1 holder.
  • The largest Boston Beer buyer in Q3 2015 was Tybourne Capital Management, an estimated $59.6M added.
  • The largest Boston Beer seller in Q3 2015 was Franklin Resources, an estimated $71.1M sold.

Based on aggregated 13F filings for Q3 2015.