Boston Beer
247 hedge funds and large institutions have $2.48B invested in Boston Beer in 2018 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 71 increasing their positions, 100 reducing their positions, and 28 closing their positions.
3.25% more ownership
Funds ownership: 96.63% → 99.89% (+3.3%)
1% more call options, than puts
Call options by funds: $95.1M | Put options by funds: $94M
2% less capital invested
Capital invested by funds: $2.53B → $2.48B (-$52.4M)
2% less funds holding
Funds holding: 252 → 247 (-5)
14% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 28
29% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 100
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$102M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$38M |
| 3 |
Renaissance Technologies
New York
|
+$17.9M |
| 4 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$15.1M |
| 5 |
Goldman Sachs
New York
|
+$14.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$31.7M |
| 2 |
Bank of New York Mellon
New York
|
-$26.1M |
| 3 |
TA
Teachers Advisors
New York
|
-$15.9M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$14.8M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$14.5M |
SAM Hedge Fund Activity: Q3 2018 in Review
247 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q3 2018, worth a combined $2.48B — down 2.1% from $2.53B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of SAM and 24 opened new positions — a net loss of 4 holders — while 100 trimmed existing stakes and 71 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $102M. The largest seller was Two Sigma Investments, cutting an estimated $31.7M.
- 247 institutional investors held Boston Beer (SAM) as of Q3 2018, down from 252 in Q2 2018.
- Funds reported $2.48B of Boston Beer stock for Q3 2018, down 2.1% quarter-over-quarter.
- 24 funds opened new Boston Beer positions in Q3 2018 and 28 closed out, a net change of -4 holders.
- The largest Boston Beer buyer in Q3 2018 was T. Rowe Price Associates, an estimated $102M added.
- The largest Boston Beer seller in Q3 2018 was Two Sigma Investments, an estimated $31.7M sold.
Based on aggregated 13F filings for Q3 2018.