Boston Beer
211 hedge funds and large institutions have $1.3B invested in Boston Beer in 2016 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 77 increasing their positions, 67 reducing their positions, and 18 closing their positions.
72% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 18
15% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 67
6% more funds holding
Funds holding: 199 → 211 (+12)
4.82% more ownership
Funds ownership: 87.66% → 92.48% (+4.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less capital invested
Capital invested by funds: $1.4B → $1.3B (-$99.6M)
27% less call options, than puts
Call options by funds: $24M | Put options by funds: $32.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$57.8M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$29.9M |
| 3 |
O
OppenheimerFunds
New York
|
+$9.84M |
| 4 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$8.77M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$7.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$26.1M |
| 2 |
Neuberger Berman Group
New York
|
-$24.1M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$19.7M |
| 4 |
JP Morgan Chase
New York
|
-$18.7M |
| 5 |
Two Sigma Advisers
New York
|
-$10.7M |
SAM Hedge Fund Activity: Q3 2016 in Review
211 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q3 2016, worth a combined $1.3B — down 7.1% from $1.4B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SAM positions and 18 closed out — a net gain of 13 holders — while 77 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.
- 211 institutional investors held Boston Beer (SAM) as of Q3 2016, up from 199 in Q2 2016.
- Funds reported $1.3B of Boston Beer stock for Q3 2016, down 7.1% quarter-over-quarter.
- 31 funds opened new Boston Beer positions in Q3 2016 and 18 closed out, a net change of +13 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.