Boston Beer
224 hedge funds and large institutions have $1.5B invested in Boston Beer in 2016 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 60 increasing their positions, 78 reducing their positions, and 23 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
78% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 23
26% more call options, than puts
Call options by funds: $26.8M | Put options by funds: $21.3M
16% more capital invested
Capital invested by funds: $1.29B → $1.5B (+$208M)
7% more funds holding
Funds holding: 209 → 224 (+15)
3.71% more ownership
Funds ownership: 92.48% → 96.19% (+3.7%)
23% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 78
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$51.4M |
| 2 |
RP
Regal Partners
Sydney, NSW,
Australia
|
+$22.8M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$14.4M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$13.3M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tybourne Capital Management
Hong Kong
|
-$42.6M |
| 2 |
Neuberger Berman Group
New York
|
-$23M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$6.64M |
| 4 |
Goldman Sachs
New York
|
-$5.03M |
| 5 |
JP Morgan Chase
New York
|
-$4.31M |
SAM Hedge Fund Activity: Q4 2016 in Review
224 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q4 2016, worth a combined $1.5B — up 16% from $1.29B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new SAM positions and 23 closed out — a net gain of 18 holders — while 60 added to existing stakes and 78 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $51.4M. The largest seller was Tybourne Capital Management, cutting an estimated $42.6M.
- 224 institutional investors held Boston Beer (SAM) as of Q4 2016, up from 209 in Q3 2016.
- Funds reported $1.5B of Boston Beer stock for Q4 2016, up 16% quarter-over-quarter.
- 41 funds opened new Boston Beer positions in Q4 2016 and 23 closed out, a net change of +18 holders.
- The largest Boston Beer buyer in Q4 2016 was T. Rowe Price Associates, an estimated $51.4M added.
- The largest Boston Beer seller in Q4 2016 was Tybourne Capital Management, an estimated $42.6M sold.
Based on aggregated 13F filings for Q4 2016.