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Boston Beer

380 hedge funds and large institutions have $3.75B invested in Boston Beer in 2021 Q4 according to their latest regulatory filings, with 80 funds opening new positions, 103 increasing their positions, 133 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more first-time investments, than exits

New positions opened: 80 | Existing positions closed: 69

2% more funds holding

Funds holding: 374380 (+6)

4.68% less ownership

Funds ownership: 79.53%74.85% (-4.7%)

9% less capital invested

Capital invested by funds: $4.13B → $3.75B (-$386M)

17% less call options, than puts

Call options by funds: $374M | Put options by funds: $451M

23% less repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 133

Holders
380
Holders Change
+6
Holders Change %
+1.6%
% of All Funds
5.85%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
80
Increased
103
Reduced
133
Closed
69
Calls
$374M
Puts
$451M
Net Calls
-$77.3M
Net Calls Change
+$36.1M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$669M -$79.6M -159,325 -11%
Vanguard Group
2
Vanguard Group
Pennsylvania
$434M -$134K -268 -0%
BlackRock
3
BlackRock
New York
$403M -$90.5M -181,118 -18%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$217M +$198M +397,172 +1,190%
DCP
5
Durable Capital Partners
Maryland
$149M -$84.6M -169,363 -37%
CIP
6
Champlain Investment Partners
Vermont
$127M +$13.3M +26,610 +12%
State Street
7
State Street
Massachusetts
$122M -$27.9M -55,771 -19%
Morgan Stanley
8
Morgan Stanley
New York
$64.6M -$27.2M -54,395 -30%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$62.2M +$16.8M +33,694 +38%
Fisher Asset Management
10
Fisher Asset Management
Washington
$59.2M +$9.19M +18,407 +19%
UBS Group
11
UBS Group
Switzerland
$58.5M +$53.7M +107,423 +1,288%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$58.4M +$732K +1,465 +1%
Lord, Abbett & Co
13
Lord, Abbett & Co
New Jersey
$58.4M +$57.7M +115,540 New
CCM
14
Candlestick Capital Management
Connecticut
$54.3M +$53.7M +107,500 New
Goldman Sachs
15
Goldman Sachs
New York
$54M -$15.6M -31,177 -23%
Voloridge Investment Management
16
Voloridge Investment Management
Florida
$49.2M -$23.5M -47,044 -33%
American Century Companies
17
American Century Companies
Missouri
$46.6M -$6.7M -13,412 -13%
Two Sigma Investments
18
Two Sigma Investments
New York
$44.6M -$39.9M -79,890 -48%
TD Asset Management
19
TD Asset Management
Ontario, Canada
$39.5M +$20.7M +41,468 +113%
Northern Trust
20
Northern Trust
Illinois
$36.9M -$8.7M -17,418 -19%
Millennium Management
21
Millennium Management
New York
$34.6M +$16.6M +33,156 +94%
1832 Asset Management
22
1832 Asset Management
Ontario, Canada
$33.6M -$656K -1,313 -2%
Dimensional Fund Advisors
23
Dimensional Fund Advisors
Texas
$32.3M -$856K -1,714 -3%
Citadel Advisors
24
Citadel Advisors
Florida
$30.5M +$15.1M +30,181 +100%
Charles Schwab
25
Charles Schwab
California
$30.2M +$1.84M +3,694 +7%

SAM Hedge Fund Activity: Q4 2021 in Review

380 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q4 2021, worth a combined $3.75B — down 9.3% from $4.13B a quarter earlier.

Buyers outnumbered sellers: 80 funds opened new SAM positions and 69 closed out — a net gain of 11 holders — while 103 added to existing stakes and 133 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $198M. The largest seller was JP Morgan Chase, cutting an estimated $133M.

  • 380 institutional investors held Boston Beer (SAM) as of Q4 2021, up from 374 in Q3 2021.
  • Funds reported $3.75B of Boston Beer stock for Q4 2021, down 9.3% quarter-over-quarter.
  • 80 funds opened new Boston Beer positions in Q4 2021 and 69 closed out, a net change of +11 holders.
  • The largest Boston Beer buyer in Q4 2021 was Fidelity Investments, an estimated $198M added.
  • The largest Boston Beer seller in Q4 2021 was JP Morgan Chase, an estimated $133M sold.

Based on aggregated 13F filings for Q4 2021.