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Boston Beer

299 hedge funds and large institutions have $2.75B invested in Boston Beer in 2022 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 102 increasing their positions, 96 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more capital invested

Capital invested by funds: $2.58B → $2.75B (+$164M)

6% more repeat investments, than reductions

Existing positions increased: 102 | Existing positions reduced: 96

0.78% less ownership

Funds ownership: 83.74%82.97% (-0.78%)

5% less funds holding

Funds holding: 315299 (-16)

27% less first-time investments, than exits

New positions opened: 36 | Existing positions closed: 49

33% less call options, than puts

Call options by funds: $174M | Put options by funds: $260M

Holders
299
Holders Change
-16
Holders Change %
-5.08%
% of All Funds
5.15%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
36
Increased
102
Reduced
96
Closed
49
Calls
$174M
Puts
$260M
Net Calls
-$86.6M
Net Calls Change
-$22.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$464M +$48.6M +140,543 +11%
T. Rowe Price Investment Management
2
T. Rowe Price Investment Management
Maryland
$444M +$475M +1,372,064 New
Vanguard Group
3
Vanguard Group
Pennsylvania
$287M +$6.56M +18,969 +2%
BlackRock
4
BlackRock
New York
$259M -$446K -1,290 -0.2%
CIP
5
Champlain Investment Partners
Vermont
$87M -$2.15M -6,220 -2%
State Street
6
State Street
Massachusetts
$81.3M +$1.46M +4,220 +2%
Manulife (Manufacturers Life Insurance)
7
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$52.3M -$15.4M -44,418 -22%
EIP
8
Epoch Investment Partners
New York
$47.4M -$1.08M -3,110 -2%
Jacobs Levy Equity Management
9
Jacobs Levy Equity Management
New Jersey
$46M +$10.3M +29,851 +27%
Fisher Asset Management
10
Fisher Asset Management
Washington
$45.8M +$524K +1,516 +1%
Millennium Management
11
Millennium Management
New York
$42.8M +$24.3M +70,397 +114%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$41.4M -$869K -2,513 -2%
Goldman Sachs
13
Goldman Sachs
New York
$39.6M +$686K +1,984 +2%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$38.9M +$806K +2,329 +2%
SAM
15
Southernsun Asset Management
Tennessee
$38.6M +$10.1M +29,237 +32%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$34.4M +$7.47M +21,599 +25%
Loomis, Sayles & Company
17
Loomis, Sayles & Company
Massachusetts
$31.7M +$604K +1,746 +2%
Charles Schwab
18
Charles Schwab
California
$31.2M +$8.23M +23,794 +33%
Morgan Stanley
19
Morgan Stanley
New York
$28.2M -$24.1M -69,631 -44%
American Century Companies
20
American Century Companies
Missouri
$27M -$5.82M -16,820 -17%
TD Asset Management
21
TD Asset Management
Ontario, Canada
$27M +$786K +2,274 +3%
JFL
22
Jarislowsky, Fraser Ltd
Quebec, Canada
$24.7M +$614K +1,776 +2%
Northern Trust
23
Northern Trust
Illinois
$22.7M -$50.8K -147 -0.2%
T. Rowe Price Associates
24
T. Rowe Price Associates
Maryland
$18.8M -$460M -1,330,917 -96%
Wellington Management Group
25
Wellington Management Group
Massachusetts
$17.1M -$16.3M -47,166 -47%

SAM Hedge Fund Activity: Q3 2022 in Review

299 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q3 2022, worth a combined $2.75B — up 6.4% from $2.58B a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of SAM and 36 opened new positions — a net loss of 13 holders — while 96 trimmed existing stakes and 102 added.

The largest buyer was Fidelity Investments, adding an estimated $48.6M. The largest seller was T. Rowe Price Associates, cutting an estimated $460M.

  • 299 institutional investors held Boston Beer (SAM) as of Q3 2022, down from 315 in Q2 2022.
  • Funds reported $2.75B of Boston Beer stock for Q3 2022, up 6.4% quarter-over-quarter.
  • 36 funds opened new Boston Beer positions in Q3 2022 and 49 closed out, a net change of -13 holders.
  • The largest Boston Beer buyer in Q3 2022 was Fidelity Investments, an estimated $48.6M added.
  • The largest Boston Beer seller in Q3 2022 was T. Rowe Price Associates, an estimated $460M sold.

Based on aggregated 13F filings for Q3 2022.