What smart money is saying about Boston Beer
1 fund in our archive has pitched Boston Beer, most recently Longleaf Partners Small-Cap Fund in December 2025.
The Boston Beer Company, Inc. produces and sells alcohol beverages primarily in the United States. The company's flagship beer is Samuel Adams Boston Lager. It offers various beers, hard ciders, and hard seltzers under the Samuel Adams, Twisted Tea, Truly Hard Seltzer, Angry Orchard, Dogfish Head, Angel City, Coney Island, Concrete Beach brand names. The company markets and sells its products to a network of approximately 400 wholesalers in the United States, as well as international wholesalers, importers, or other agencies that in turn sell to retailers, such as grocery stores, club stores, convenience stores, liquor stores, bars, restaurants, stadiums, and other retail outlets. It also sells in products in Canada, Europe, Israel, Australia, New Zealand, the Caribbean, the Pacific Rim, Mexico, and Central and South America. The Boston Beer Company, Inc. was founded in 1984 and is based in Boston, Massachusetts.
Get an email when a fund buys, sells or pitches it
Position history
Between Q2 2025 and Q2 2026, 4 fund letters reported a position in Boston Beer, with no move described.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 2 | 0 | 0 | 0 |
| Q4 2025 | 0 | 0 | 0 | 1 |
| Q2 2025 | 2 | 0 | 0 | 0 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 4 positions
- June 2026
“The Boston Beer Company, Inc. (SAM), a leading provider of alcoholic beverages, was a bottom contributor in the Small Cap strategy during the second quarter.”
Boston Beer - June 2026
“Boston Beer – Alcoholic beverage company Boston Beer was a detractor for the quarter as the market continues to react to mixed short-term industry data.”
Boston Beer - HoldsSouthernsun Smid CapJune 2025
“The Boston Beer Company, Inc. (SAM) was a detractor this quarter.”
Boston Beer - June 2025
“The Boston Beer Company, Inc. (SAM) was a top detractor this quarter. During the quarter, the broader beer industry experienced slower-than-expected sales, weighing on sentiment across alcohol-related stocks. Against this backdrop, sales of Twisted Tea, SAM’s largest brand, slowed, while Truly continued to underperform. That said, brands like Angry Orchard, Dogfish Head, and newer offerings such as Hard Mountain Dew and Sun Cruiser grew year-over-year. Given its outsized share of the current portfolio, Twisted Tea’s performance will likely determine the trajectory of SAM’s near-term results.”
Boston Beer
Fund coverage · 1 thesis
- Longleaf Partners Small-Cap FundDecember 2025
Boston Beer is a branded alcohol innovator addressing brand pressures, launching growth products, led again by founder Jim Koch, with net cash and buybacks at around 1x revenue.
Read the full thesis
Read every full thesis on Boston Beer
Read all 1 thesis in full, with each fund's reasoning, and get unlimited access to the archive.
View plans→