Boston Beer
327 hedge funds and large institutions have $1.75B invested in Boston Beer in 2025 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 120 increasing their positions, 91 reducing their positions, and 63 closing their positions.
38% more call options, than puts
Call options by funds: $56.6M | Put options by funds: $41.1M
32% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 91
3.57% more ownership
Funds ownership: 78.87% → 82.44% (+3.6%)
6% less funds holding
Funds holding: 347 → 327 (-20)
22% less capital invested
Capital invested by funds: $2.23B → $1.75B (-$482M)
22% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 63
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$69.8M |
| 2 |
CCPM
Cooper Creek Partners Management
New York
|
+$50.5M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$43.4M |
| 4 |
BlackRock
New York
|
+$43.1M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$39.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$159M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$74.3M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$23.8M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$13.4M |
| 5 |
JGC
J. Goldman & Co
New York
|
-$12.4M |
SAM Hedge Fund Activity: Q1 2025 in Review
327 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q1 2025, worth a combined $1.75B — down 22% from $2.23B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of SAM and 49 opened new positions — a net loss of 14 holders — while 91 trimmed existing stakes and 120 added.
The largest buyer was Nuveen, adding an estimated $69.8M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $159M.
- 327 institutional investors held Boston Beer (SAM) as of Q1 2025, down from 347 in Q4 2024.
- Funds reported $1.75B of Boston Beer stock for Q1 2025, down 22% quarter-over-quarter.
- 49 funds opened new Boston Beer positions in Q1 2025 and 63 closed out, a net change of -14 holders.
- The largest Boston Beer buyer in Q1 2025 was Nuveen, an estimated $69.8M added.
- The largest Boston Beer seller in Q1 2025 was T. Rowe Price Investment Management, an estimated $159M sold.
Based on aggregated 13F filings for Q1 2025.