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Boston Beer

246 hedge funds and large institutions have $1.64B invested in Boston Beer in 2018 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 80 increasing their positions, 90 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more call options, than puts

Call options by funds: $38.6M | Put options by funds: $33.2M

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% less capital invested

Capital invested by funds: $1.65B → $1.64B (-$6.18M)

1.06% less ownership

Funds ownership: 99.73%98.66% (-1.1%)

6% less funds holding

Funds holding: 263246 (-17)

11% less repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 90

26% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 42

Holders
246
Holders Change
-17
Holders Change %
-6.46%
% of All Funds
5.64%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
31
Increased
80
Reduced
90
Closed
42
Calls
$38.6M
Puts
$33.2M
Net Calls
+$5.47M
Net Calls Change
+$1.78M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$200M +$6.44M +35,024 +3%
BlackRock
2
BlackRock
New York
$171M +$3.95M +21,485 +2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$153M +$13.2M +71,638 +10%
Bank of New York Mellon
4
Bank of New York Mellon
New York
$82.4M +$4.48M +24,382 +6%
Fisher Asset Management
5
Fisher Asset Management
Washington
$59.4M -$3.25M -17,661 -5%
State Street
6
State Street
Massachusetts
$52.5M -$8.22M -44,677 -14%
AQR Capital Management
7
AQR Capital Management
Connecticut
$50.4M +$10.7M +58,410 +28%
CIP
8
Champlain Investment Partners
Vermont
$49.3M -$1.22M -6,625 -2%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$43.8M +$65.5K +356 +0.2%
Invesco
10
Invesco
Georgia
$40.3M +$2.86M +15,568 +8%
PAM
11
Panagora Asset Management
Massachusetts
$30.2M +$10.8M +58,572 +58%
Millennium Management
12
Millennium Management
New York
$25.9M +$23.1M +125,659 +1,110%
Northern Trust
13
Northern Trust
Illinois
$25.2M -$4.78K -26 -0%
Goldman Sachs
14
Goldman Sachs
New York
$24.8M +$1.38M +7,527 +6%
AC
15
Armistice Capital
New York
$24.2M +$11.8M +64,000 +100%
Citadel Advisors
16
Citadel Advisors
Florida
$21M +$18.5M +100,615 +961%
Ameriprise
17
Ameriprise
Minnesota
$20M -$155K -843 -0.8%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$19.4M -$374K -2,033 -2%
Norges Bank
19
Norges Bank
Norway
$19.1M +$12.2M +66,161 +188%
Two Sigma Advisers
20
Two Sigma Advisers
New York
$18.6M -$8.66M -47,079 -32%
Charles Schwab
21
Charles Schwab
California
$17.9M +$2.85M +15,517 +20%
Neuberger Berman Group
22
Neuberger Berman Group
New York
$17.5M -$353K -1,919 -2%
UBS AM
23
UBS AM
Illinois
$16.5M +$1.64M +8,912 +11%
Morgan Stanley
24
Morgan Stanley
New York
$15.9M +$605K +3,289 +4%
Deutsche Bank
25
Deutsche Bank
Germany
$14.6M +$4.35M +23,662 +44%

SAM Hedge Fund Activity: Q1 2018 in Review

246 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q1 2018, worth a combined $1.64B — down 0.37% from $1.65B a quarter earlier.

Sellers outnumbered buyers: 42 funds closed out of SAM and 31 opened new positions — a net loss of 11 holders — while 90 trimmed existing stakes and 80 added.

The largest buyer was Millennium Management, adding an estimated $23.1M. The largest seller was Regal Partners, exiting entirely with an estimated $37.9M sold.

  • 246 institutional investors held Boston Beer (SAM) as of Q1 2018, down from 263 in Q4 2017.
  • Funds reported $1.64B of Boston Beer stock for Q1 2018, down 0.37% quarter-over-quarter.
  • 31 funds opened new Boston Beer positions in Q1 2018 and 42 closed out, a net change of -11 holders.
  • The largest Boston Beer buyer in Q1 2018 was Millennium Management, an estimated $23.1M added.
  • The largest Boston Beer seller in Q1 2018 was Regal Partners, an estimated $37.9M sold.

Based on aggregated 13F filings for Q1 2018.