Boston Beer
206 hedge funds and large institutions have $1.6B invested in Boston Beer in 2016 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 70 increasing their positions, 68 reducing their positions, and 39 closing their positions.
2.93% more ownership
Funds ownership: 88.64% → 91.58% (+2.9%)
3% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 68
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 217 → 206 (-11)
6% less capital invested
Capital invested by funds: $1.71B → $1.6B (-$107M)
21% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 39
39% less call options, than puts
Call options by funds: $11.9M | Put options by funds: $19.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$37.8M |
| 2 |
TCM
Tybourne Capital Management
Hong Kong
|
+$37.7M |
| 3 |
Bank of New York Mellon
New York
|
+$24M |
| 4 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$18.3M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$18.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$62.9M |
| 2 |
GAM
Gotham Asset Management
New York
|
-$19.6M |
| 3 |
Millennium Management
New York
|
-$19.1M |
| 4 |
Neuberger Berman Group
New York
|
-$16.4M |
| 5 |
Two Sigma Investments
New York
|
-$10.3M |
SAM Hedge Fund Activity: Q1 2016 in Review
206 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q1 2016, worth a combined $1.6B — down 6.3% from $1.71B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of SAM and 31 opened new positions — a net loss of 8 holders — while 68 trimmed existing stakes and 70 added.
The largest buyer was Invesco, adding an estimated $37.8M. The largest seller was BAMCO Inc, cutting an estimated $62.9M.
- 206 institutional investors held Boston Beer (SAM) as of Q1 2016, down from 217 in Q4 2015.
- Funds reported $1.6B of Boston Beer stock for Q1 2016, down 6.3% quarter-over-quarter.
- 31 funds opened new Boston Beer positions in Q1 2016 and 39 closed out, a net change of -8 holders.
- The largest Boston Beer buyer in Q1 2016 was Invesco, an estimated $37.8M added.
- The largest Boston Beer seller in Q1 2016 was BAMCO Inc, an estimated $62.9M sold.
Based on aggregated 13F filings for Q1 2016.