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Boston Beer

317 hedge funds and large institutions have $2.65B invested in Boston Beer in 2022 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 94 increasing their positions, 108 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 31

6% more funds holding

Funds holding: 299317 (+18)

7% more call options, than puts

Call options by funds: $203M | Put options by funds: $190M

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less capital invested

Capital invested by funds: $2.75B → $2.65B (-$96.7M)

3.27% less ownership

Funds ownership: 82.97%79.7% (-3.3%)

13% less repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 108

Holders
317
Holders Change
+18
Holders Change %
+6.02%
% of All Funds
5.1%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
52
Increased
94
Reduced
108
Closed
31
Calls
$203M
Puts
$190M
Net Calls
+$13.1M
Net Calls Change
+$99.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$505M +$36.5M +100,605 +7%
T. Rowe Price Investment Management
2
T. Rowe Price Investment Management
Maryland
$408M -$48.1M -132,519 -10%
Vanguard Group
3
Vanguard Group
Pennsylvania
$296M +$4.65M +12,825 +1%
BlackRock
4
BlackRock
New York
$278M +$15.6M +42,887 +5%
CIP
5
Champlain Investment Partners
Vermont
$88.8M +$309K +853 +0.3%
State Street
6
State Street
Massachusetts
$83.7M +$1.02M +2,798 +1%
Baird Financial Group
7
Baird Financial Group
Wisconsin
$53.8M +$54.9M +151,393 +1,281%
Goldman Sachs
8
Goldman Sachs
New York
$47.2M +$7.6M +20,941 +17%
Fisher Asset Management
9
Fisher Asset Management
Washington
$45.8M -$850K -2,343 -2%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$41.9M -$275K -757 -0.6%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$41.9M +$2.43M +6,685 +6%
SAM
12
Southernsun Asset Management
Tennessee
$41.6M +$2.48M +6,836 +6%
EIP
13
Epoch Investment Partners
New York
$34M -$15.7M -43,355 -30%
Charles Schwab
14
Charles Schwab
California
$32.9M +$1.18M +3,258 +3%
Loomis, Sayles & Company
15
Loomis, Sayles & Company
Massachusetts
$30.4M -$2.05M -5,642 -6%
American Century Companies
16
American Century Companies
Missouri
$27.8M +$278K +766 +0.9%
Morgan Stanley
17
Morgan Stanley
New York
$24M -$5.23M -14,410 -17%
TD Asset Management
18
TD Asset Management
Ontario, Canada
$23.1M -$4.01M -11,050 -14%
Northern Trust
19
Northern Trust
Illinois
$23M -$62.8K -173 -0.2%
Barclays
20
Barclays
United Kingdom
$19.4M +$2.18M +6,023 +11%
T. Rowe Price Associates
21
T. Rowe Price Associates
Maryland
$15.4M -$4.09M -11,269 -19%
Wellington Management Group
22
Wellington Management Group
Massachusetts
$15.1M -$2.56M -7,062 -13%
JFL
23
Jarislowsky, Fraser Ltd
Quebec, Canada
$14.9M -$11.3M -31,110 -41%
Man Group
24
Man Group
United Kingdom
$14.6M +$11M +30,372 +217%
Principal Financial Group
25
Principal Financial Group
Iowa
$12.3M +$54.4K +150 +0.4%

SAM Hedge Fund Activity: Q4 2022 in Review

317 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q4 2022, worth a combined $2.65B — down 3.5% from $2.75B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new SAM positions and 31 closed out — a net gain of 21 holders — while 94 added to existing stakes and 108 trimmed.

The largest buyer was Baird Financial Group, adding an estimated $54.9M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $55.9M.

  • 317 institutional investors held Boston Beer (SAM) as of Q4 2022, up from 299 in Q3 2022.
  • Funds reported $2.65B of Boston Beer stock for Q4 2022, down 3.5% quarter-over-quarter.
  • 52 funds opened new Boston Beer positions in Q4 2022 and 31 closed out, a net change of +21 holders.
  • The largest Boston Beer buyer in Q4 2022 was Baird Financial Group, an estimated $54.9M added.
  • The largest Boston Beer seller in Q4 2022 was Manulife (Manufacturers Life Insurance), an estimated $55.9M sold.

Based on aggregated 13F filings for Q4 2022.