Boston Beer
217 hedge funds and large institutions have $1.71B invested in Boston Beer in 2015 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 78 increasing their positions, 75 reducing their positions, and 30 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 75
0.22% less ownership
Funds ownership: 88.86% → 88.64% (-0.22%)
1% less funds holding
Funds holding: 219 → 217 (-2)
3% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 30
6% less capital invested
Capital invested by funds: $1.82B → $1.71B (-$107M)
37% less call options, than puts
Call options by funds: $16.9M | Put options by funds: $27M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
+$25.8M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$25.1M |
| 3 |
Millennium Management
New York
|
+$20.8M |
| 4 |
JP Morgan Chase
New York
|
+$13.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGI
CI Global Investments
Oakland,
California
|
-$52.1M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$39.3M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$24.1M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$13.6M |
| 5 |
CPIM
Columbia Partners Investment Management
Alexandria,
Virginia
|
-$9.07M |
SAM Hedge Fund Activity: Q4 2015 in Review
217 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q4 2015, worth a combined $1.71B — down 5.9% from $1.82B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of SAM and 29 opened new positions — a net loss of 1 holder — while 75 trimmed existing stakes and 78 added.
The largest buyer was Gotham Asset Management, adding an estimated $25.8M. The largest seller was CI Global Investments, cutting an estimated $52.1M.
- 217 institutional investors held Boston Beer (SAM) as of Q4 2015, down from 219 in Q3 2015.
- Funds reported $1.71B of Boston Beer stock for Q4 2015, down 5.9% quarter-over-quarter.
- 29 funds opened new Boston Beer positions in Q4 2015 and 30 closed out, a net change of -1 holder.
- The largest Boston Beer buyer in Q4 2015 was Gotham Asset Management, an estimated $25.8M added.
- The largest Boston Beer seller in Q4 2015 was CI Global Investments, an estimated $52.1M sold.
Based on aggregated 13F filings for Q4 2015.