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Boston Beer

412 hedge funds and large institutions have $10.6B invested in Boston Beer in 2021 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 131 increasing their positions, 144 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more funds holding in top 10

Funds holding in top 10: 47 (+3)

43% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 46

24% more capital invested

Capital invested by funds: $8.56B → $10.6B (+$2.01B)

3% more funds holding

Funds holding: 399412 (+13)

1.03% more ownership

Funds ownership: 86.78%87.8% (+1%)

9% less repeat investments, than reductions

Existing positions increased: 131 | Existing positions reduced: 144

46% less call options, than puts

Call options by funds: $167M | Put options by funds: $309M

Holders
412
Holders Change
+13
Holders Change %
+3.26%
% of All Funds
7.23%
Holding in Top 10
7
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+75%
% of All Funds
0.12%
New
66
Increased
131
Reduced
144
Closed
46
Calls
$167M
Puts
$309M
Net Calls
-$142M
Net Calls Change
-$53.6M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$1.63B +$134M +127,313 +10%
BlackRock
2
BlackRock
New York
$1.34B +$202M +192,586 +21%
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.05B +$28.5M +27,123 +3%
DCP
4
Durable Capital Partners
Maryland
$727M +$23.8M +22,689 +4%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$445M +$247M +235,573 +177%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$427M -$16M -15,283 -4%
JP Morgan Chase
7
JP Morgan Chase
New York
$422M +$56.4M +53,787 +18%
Renaissance Technologies
8
Renaissance Technologies
New York
$367M -$73M -69,600 -19%
Invesco
9
Invesco
Georgia
$282M +$30.8M +29,356 +14%
State Street
10
State Street
Massachusetts
$256M -$1.41M -1,345 -0.6%
Artisan Partners
11
Artisan Partners
Wisconsin
$250M +$49.1M +46,810 +29%
Macquarie Group
12
Macquarie Group
Australia
$248M +$12.4M +11,867 +6%
American Century Companies
13
American Century Companies
Missouri
$246M +$20.1M +19,160 +10%
Wells Fargo
14
Wells Fargo
California
$152M +$30.4M +29,001 +30%
Fisher Asset Management
15
Fisher Asset Management
Washington
$139M -$6.42M -6,120 -5%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$133M +$4.52M +4,305 +4%
Victory Capital Management
17
Victory Capital Management
Texas
$125M -$8.82M -8,406 -8%
Lord, Abbett & Co
18
Lord, Abbett & Co
New Jersey
$110M +$3.85M +3,668 +4%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$105M -$3.71M -3,540 -4%
Northern Trust
20
Northern Trust
Illinois
$95.4M +$5.66M +5,398 +7%
Marshall Wace
21
Marshall Wace
United Kingdom
$88.2M -$24.9M -23,779 -25%
Norges Bank
22
Norges Bank
Norway
$87M -$7.67M -7,312 -9%
NCA
23
Newbrook Capital Advisors
New York
$86.9M +$75.6M +72,077 New
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$84.4M -$45.9M -43,758 -38%
Charles Schwab
25
Charles Schwab
California
$61.8M +$2.56M +2,440 +5%

SAM Hedge Fund Activity: Q1 2021 in Review

412 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q1 2021, worth a combined $10.6B — up 24% from $8.56B a quarter earlier.

Buyers outnumbered sellers: 66 funds opened new SAM positions and 46 closed out — a net gain of 20 holders — while 131 added to existing stakes and 144 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $247M. The largest seller was Citadel Advisors, cutting an estimated $105M.

  • 412 institutional investors held Boston Beer (SAM) as of Q1 2021, up from 399 in Q4 2020.
  • Funds reported $10.6B of Boston Beer stock for Q1 2021, up 24% quarter-over-quarter.
  • 66 funds opened new Boston Beer positions in Q1 2021 and 46 closed out, a net change of +20 holders.
  • The largest Boston Beer buyer in Q1 2021 was Wellington Management Group, an estimated $247M added.
  • The largest Boston Beer seller in Q1 2021 was Citadel Advisors, an estimated $105M sold.

Based on aggregated 13F filings for Q1 2021.