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Boston Beer

345 hedge funds and large institutions have $1.48B invested in Boston Beer in 2025 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 119 increasing their positions, 100 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more call options, than puts

Call options by funds: $59.5M | Put options by funds: $35.1M

56% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 43

19% more repeat investments, than reductions

Existing positions increased: 119 | Existing positions reduced: 100

6% more funds holding

Funds holding: 326345 (+19)

2.46% more ownership

Funds ownership: 82.44%84.9% (+2.5%)

15% less capital invested

Capital invested by funds: $1.75B → $1.48B (-$268M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
345
Holders Change
+19
Holders Change %
+5.83%
% of All Funds
4.54%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
67
Increased
119
Reduced
100
Closed
43
Calls
$59.5M
Puts
$35.1M
Net Calls
+$24.4M
Net Calls Change
+$8.93M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$174M -$8.3M -36,078 -4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$173M +$9.63M +41,835 +5%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$87.3M -$50.9K -221 -0%
State Street
4
State Street
Massachusetts
$53.2M -$3.37M -14,623 -5%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$50.1M +$296K +1,287 +0.5%
Arrowstreet Capital
6
Arrowstreet Capital
Massachusetts
$45.6M +$14M +60,880 +34%
Fisher Asset Management
7
Fisher Asset Management
Washington
$44.3M +$691 +3 +0%
CCPM
8
Cooper Creek Partners Management
New York
$43.2M -$14.8M -64,269 -22%
Millennium Management
9
Millennium Management
New York
$43M +$9.02M +39,197 +21%
UBS Group
10
UBS Group
Switzerland
$36.6M +$4.86M +21,135 +12%
Toronto Dominion Bank
11
Toronto Dominion Bank
Ontario, Canada
$29.4M +$35.4M +154,005 New
AQR Capital Management
12
AQR Capital Management
Connecticut
$27.7M +$6.84M +29,731 +25%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$27.2M -$1.9M -8,269 -5%
GACM
14
Global Alpha Capital Management
Quebec, Canada
$21.7M +$7.84M +34,070 +43%
Qube Research & Technologies (QRT)
15
Qube Research & Technologies (QRT)
United Kingdom
$21.5M +$19M +82,742 +278%
SAM
16
Southeastern Asset Management
Tennessee
$20.3M
Prudential Financial
17
Prudential Financial
New Jersey
$19.8M +$8.26M +35,872 +133%
Invesco
18
Invesco
Georgia
$19.5M -$1.64M -7,112 -7%
Charles Schwab
19
Charles Schwab
California
$18.2M -$936K -4,068 -4%
D.E. Shaw & Co
20
D.E. Shaw & Co
New York
$17.9M -$6.87M -29,836 -24%
Morgan Stanley
21
Morgan Stanley
New York
$17.8M +$7.6M +33,027 +55%
SAM
22
Southernsun Asset Management
Tennessee
$17.5M -$4.33M -18,800 -17%
Renaissance Technologies
23
Renaissance Technologies
New York
$17.4M +$3.02M +13,100 +17%
American Century Companies
24
American Century Companies
Missouri
$17.3M +$12.8M +55,645 +159%
QCM
25
Quantinno Capital Management
New York
$14.8M +$12.9M +56,248 +267%

SAM Hedge Fund Activity: Q2 2025 in Review

345 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Boston Beer (SAM) for Q2 2025, worth a combined $1.48B — down 15% from $1.75B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new SAM positions and 43 closed out — a net gain of 24 holders — while 119 added to existing stakes and 100 trimmed.

The largest buyer was Toronto Dominion Bank, opening a new position worth an estimated $35.4M. The largest seller was Nuveen, cutting an estimated $67.7M.

  • 345 institutional investors held Boston Beer (SAM) as of Q2 2025, up from 326 in Q1 2025.
  • Funds reported $1.48B of Boston Beer stock for Q2 2025, down 15% quarter-over-quarter.
  • 67 funds opened new Boston Beer positions in Q2 2025 and 43 closed out, a net change of +24 holders.
  • The largest Boston Beer buyer in Q2 2025 was Toronto Dominion Bank, an estimated $35.4M added.
  • The largest Boston Beer seller in Q2 2025 was Nuveen, an estimated $67.7M sold.

Based on aggregated 13F filings for Q2 2025.