Boston Beer
399 hedge funds and large institutions have $8.56B invested in Boston Beer in 2020 Q4 according to their latest regulatory filings, with 80 funds opening new positions, 120 increasing their positions, 135 reducing their positions, and 48 closing their positions.
67% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 48
15% more capital invested
Capital invested by funds: $7.47B → $8.56B (+$1.09B)
8% more funds holding
Funds holding: 370 → 399 (+29)
0.83% more ownership
Funds ownership: 85.95% → 86.78% (+0.83%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
11% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 135
38% less call options, than puts
Call options by funds: $144M | Put options by funds: $233M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$126M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$107M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$90.5M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$83.8M |
| 5 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$163M |
| 2 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$108M |
| 3 |
Renaissance Technologies
New York
|
-$85M |
| 4 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$79.7M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$65.3M |
SAM Hedge Fund Activity: Q4 2020 in Review
399 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q4 2020, worth a combined $8.56B — up 15% from $7.47B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new SAM positions and 48 closed out — a net gain of 32 holders — while 120 added to existing stakes and 135 trimmed.
The largest buyer was BlackRock, adding an estimated $126M. The largest seller was Fidelity Investments, cutting an estimated $163M.
- 399 institutional investors held Boston Beer (SAM) as of Q4 2020, up from 370 in Q3 2020.
- Funds reported $8.56B of Boston Beer stock for Q4 2020, up 15% quarter-over-quarter.
- 80 funds opened new Boston Beer positions in Q4 2020 and 48 closed out, a net change of +32 holders.
- The largest Boston Beer buyer in Q4 2020 was BlackRock, an estimated $126M added.
- The largest Boston Beer seller in Q4 2020 was Fidelity Investments, an estimated $163M sold.
Based on aggregated 13F filings for Q4 2020.