Boston Beer
231 hedge funds and large institutions have $1.31B invested in Boston Beer in 2017 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 95 increasing their positions, 50 reducing their positions, and 31 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 50
42% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 31
3% more funds holding
Funds holding: 224 → 231 (+7)
0.6% more ownership
Funds ownership: 96.19% → 96.79% (+0.6%)
13% less capital invested
Capital invested by funds: $1.5B → $1.31B (-$196M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
37% less call options, than puts
Call options by funds: $15.9M | Put options by funds: $25.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$175M |
| 2 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$31.3M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$31.2M |
| 4 |
Millennium Management
New York
|
+$19.4M |
| 5 |
Morgan Stanley
New York
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tybourne Capital Management
Hong Kong
|
-$111M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$60.5M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$13.4M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$10.7M |
| 5 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$9.13M |
SAM Hedge Fund Activity: Q1 2017 in Review
231 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q1 2017, worth a combined $1.31B — down 13% from $1.5B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new SAM positions and 31 closed out — a net gain of 13 holders — while 95 added to existing stakes and 50 trimmed.
The largest buyer was BlackRock, adding an estimated $175M. The largest seller was Tybourne Capital Management, exiting entirely with an estimated $111M sold.
- 231 institutional investors held Boston Beer (SAM) as of Q1 2017, up from 224 in Q4 2016.
- Funds reported $1.31B of Boston Beer stock for Q1 2017, down 13% quarter-over-quarter.
- 44 funds opened new Boston Beer positions in Q1 2017 and 31 closed out, a net change of +13 holders.
- The largest Boston Beer buyer in Q1 2017 was BlackRock, an estimated $175M added.
- The largest Boston Beer seller in Q1 2017 was Tybourne Capital Management, an estimated $111M sold.
Based on aggregated 13F filings for Q1 2017.