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Boston Beer

209 hedge funds and large institutions have $1.29B invested in Boston Beer in 2016 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 76 increasing their positions, 67 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 19

13% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 67

5% more funds holding

Funds holding: 199209 (+10)

4.82% more ownership

Funds ownership: 87.66%92.48% (+4.8%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

8% less capital invested

Capital invested by funds: $1.4B → $1.29B (-$106M)

27% less call options, than puts

Call options by funds: $24M | Put options by funds: $32.8M

Holders
209
Holders Change
+10
Holders Change %
+5.03%
% of All Funds
5.58%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
30
Increased
76
Reduced
67
Closed
19
Calls
$24M
Puts
$32.8M
Net Calls
-$8.85M
Net Calls Change
-$2.13M
Name Holding Trade Value Shares
Change
Change in
Stake
TCM
1
Tybourne Capital Management
Hong Kong
$142M -$105K -600 -0.1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$105M -$319K -1,830 -0.3%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$76.9M +$57.8M +331,240 +202%
BFA
4
BlackRock Fund Advisors
California
$73.3M +$3.33M +19,091 +4%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$57.2M -$26.1M -149,600 -29%
Fisher Asset Management
6
Fisher Asset Management
Washington
$54.1M +$496K +2,842 +0.8%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$45.7M -$6.55M -37,556 -11%
American Century Companies
8
American Century Companies
Missouri
$44.4M +$4.48M +25,707 +10%
CIP
9
Champlain Investment Partners
Vermont
$43.5M -$759K -4,350 -2%
State Street
10
State Street
Massachusetts
$42.9M -$756K -4,335 -2%
BIT
11
BlackRock Institutional Trust
California
$41.1M +$42.6K +244 +0.1%
Fiera Capital (Canada)
12
Fiera Capital (Canada)
Quebec, Canada
$36.9M +$29.9M +171,494 +259%
Neuberger Berman Group
13
Neuberger Berman Group
New York
$33M -$24.1M -138,471 -39%
Invesco
14
Invesco
Georgia
$33M +$468K +2,681 +1%
MP
15
Manikay Partners
New York
$32.6M
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$28.3M +$1.71M +9,812 +6%
PIM
17
Perkins Investment Management
Illinois
$25.1M +$8.77M +50,270 +45%
Northern Trust
18
Northern Trust
Illinois
$21.8M +$98.9K +567 +0.4%
Goldman Sachs
19
Goldman Sachs
New York
$18.3M +$2.39M +13,693 +13%
AQR Capital Management
20
AQR Capital Management
Connecticut
$16.1M +$3.55M +20,340 +24%
BTW
21
Boston Trust Walden
Massachusetts
$15.7M +$90.5K +519 +0.5%
Bank of America
22
Bank of America
North Carolina
$12.8M +$3.4M +19,479 +31%
PNC Financial Services Group
23
PNC Financial Services Group
Pennsylvania
$12M +$348K +1,994 +3%
DC
24
Davenport & Co
Virginia
$10.8M +$3.37M +19,320 +39%
BIM
25
BlackRock Investment Management
Delaware
$10.3M +$1.68M +9,615 +17%

SAM Hedge Fund Activity: Q3 2016 in Review

209 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q3 2016, worth a combined $1.29B — down 7.6% from $1.4B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new SAM positions and 19 closed out — a net gain of 11 holders — while 76 added to existing stakes and 67 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $57.8M. The largest seller was Fidelity Investments, cutting an estimated $26.1M.

  • 209 institutional investors held Boston Beer (SAM) as of Q3 2016, up from 199 in Q2 2016.
  • Funds reported $1.29B of Boston Beer stock for Q3 2016, down 7.6% quarter-over-quarter.
  • 30 funds opened new Boston Beer positions in Q3 2016 and 19 closed out, a net change of +11 holders.
  • The largest Boston Beer buyer in Q3 2016 was T. Rowe Price Associates, an estimated $57.8M added.
  • The largest Boston Beer seller in Q3 2016 was Fidelity Investments, an estimated $26.1M sold.

Based on aggregated 13F filings for Q3 2016.