Boston Beer
279 hedge funds and large institutions have $3.26B invested in Boston Beer in 2020 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 75 increasing their positions, 117 reducing their positions, and 44 closing their positions.
2% less capital invested
Capital invested by funds: $3.32B → $3.26B (-$68.8M)
1.98% less ownership
Funds ownership: 95.45% → 93.47% (-2%)
6% less funds holding
Funds holding: 297 → 279 (-18)
12% less call options, than puts
Call options by funds: $54.1M | Put options by funds: $61.7M
34% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 44
36% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 117
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$77.9M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$54.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$30M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$29.1M |
| 5 |
Renaissance Technologies
New York
|
+$24.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$35.9M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$30.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$26.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$23.5M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$23.2M |
SAM Hedge Fund Activity: Q1 2020 in Review
279 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q1 2020, worth a combined $3.26B — down 2.1% from $3.32B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of SAM and 29 opened new positions — a net loss of 15 holders — while 117 trimmed existing stakes and 75 added.
The largest buyer was Wellington Management Group, adding an estimated $77.9M. The largest seller was Millennium Management, cutting an estimated $35.9M.
- 279 institutional investors held Boston Beer (SAM) as of Q1 2020, down from 297 in Q4 2019.
- Funds reported $3.26B of Boston Beer stock for Q1 2020, down 2.1% quarter-over-quarter.
- 29 funds opened new Boston Beer positions in Q1 2020 and 44 closed out, a net change of -15 holders.
- The largest Boston Beer buyer in Q1 2020 was Wellington Management Group, an estimated $77.9M added.
- The largest Boston Beer seller in Q1 2020 was Millennium Management, an estimated $35.9M sold.
Based on aggregated 13F filings for Q1 2020.