Boston Beer
263 hedge funds and large institutions have $1.65B invested in Boston Beer in 2017 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 68 increasing their positions, 103 reducing their positions, and 27 closing their positions.
96% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 27
18% more capital invested
Capital invested by funds: $1.4B → $1.65B (+$255M)
17% more call options, than puts
Call options by funds: $25.3M | Put options by funds: $21.7M
11% more funds holding
Funds holding: 238 → 263 (+25)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.37% less ownership
Funds ownership: 100.1% → 99.73% (-0.37%)
34% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 103
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$13.7M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$13.1M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$12.4M |
| 4 |
TA
Teachers Advisors
New York
|
+$12.4M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$9.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Manikay Partners
New York
|
-$32.8M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$29.1M |
| 3 |
BlackRock
New York
|
-$16M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$16M |
| 5 |
JP Morgan Chase
New York
|
-$8.67M |
SAM Hedge Fund Activity: Q4 2017 in Review
263 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q4 2017, worth a combined $1.65B — up 18% from $1.4B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new SAM positions and 27 closed out — a net gain of 26 holders — while 68 added to existing stakes and 103 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $13.7M. The largest seller was Manikay Partners, exiting entirely with an estimated $32.8M sold.
- 263 institutional investors held Boston Beer (SAM) as of Q4 2017, up from 238 in Q3 2017.
- Funds reported $1.65B of Boston Beer stock for Q4 2017, up 18% quarter-over-quarter.
- 53 funds opened new Boston Beer positions in Q4 2017 and 27 closed out, a net change of +26 holders.
- The largest Boston Beer buyer in Q4 2017 was Victory Capital Management, an estimated $13.7M added.
- The largest Boston Beer seller in Q4 2017 was Manikay Partners, an estimated $32.8M sold.
Based on aggregated 13F filings for Q4 2017.