SAMNYSEMalt BeveragesFiscal year ends December 27
BOSTON BEER CO INC
Financials through Q2 FY2026, quarter ended Jun 27, 2026Last filing: 10-Q on Jul 23, 2026
$181.82+1.00 (+0.55%)
Close on Oct 19, 2026
- Market cap
- $1.88B
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
84.0%
9M of 10M shares
Institutional holders
331
47 new, 80 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
0 buys · 2 sales
Net sold $642.04K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 947,156 | 11.30% | 13G (passive) amendment | Jun 30, 2026 |
| AQR Capital Management, LLC | 651,984 | 7.78% | 13G (passive) amendment | Mar 31, 2026 |
| Vanguard Portfolio Management | 635,388 | 7.58% | 13G (passive) | Mar 31, 2026 |
| AQR Capital Management Holdings, LLC | 539,988 | 6.47% | 13G (passive) amendment | Jun 30, 2026 |
| C. James Koch | 2,271,472 | 21.62% | 13G (passive) amendment | Dec 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of SAM | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 1,015,254 | 9.86% | $179.73M | +245,004 | 0.00% |
| Vanguard Portfolio Management LLC | 609,360 | 5.92% | $107.88M | −25,109 | 0.00% |
| Aqr Capital Management LLC | 539,988 | 5.25% | $95.59M | −111,996 | 0.03% |
| UBS Group AG | 434,656 | 4.22% | $76.95M | +216,052 | 0.01% |
| American Century Companies Inc | 385,326 | 3.74% | $68.21M | +97,242 | 0.03% |
| Vanguard Capital Management LLC | 345,822 | 3.36% | $61.22M | +4,919 | 0.00% |
| Arrowstreet Capital, Limited Partnership | 321,080 | 3.12% | $56.84M | +75,831 | 0.03% |
| Dimensional Fund Advisors LP | 320,885 | 3.12% | $56.81M | +47,273 | 0.01% |
| State Street Corp | 314,732 | 3.06% | $55.81M | +59,537 | 0.00% |
| Millennium Management LLC | 283,512 | 2.75% | $50.19M | +186,897 | 0.02% |
| Global Alpha Capital Management Ltd. | 267,567 | 2.60% | $47.37M | +120,042 | 2.84% |
| Geode Capital Management, LLC | 205,368 | 2.00% | $36.36M | +63,255 | 0.00% |
| T. Rowe Price Investment Management, Inc. | 199,420 | 1.94% | $35.30K | +120,872 | 0.02% |
| Southeastern Asset Management Inc/Tn/ | 146,043 | 1.42% | $25.85M | +27,642 | 1.35% |
| Southernsun Asset Management, LLC | 131,877 | 1.28% | $23.35M | +57,061 | 3.14% |
| Goldman Sachs Group Inc | 130,819 | 1.27% | $23.16M | −14,141 | 0.00% |
| Charles Schwab Investment Management Inc | 126,182 | 1.23% | $22.34M | +19,201 | 0.00% |
| Neuberger Berman Group LLC | 117,548 | 1.14% | $20.86M | New | 0.01% |
| Morgan Stanley | 104,302 | 1.01% | $18.46M | −30,209 | 0.00% |
| Ameriprise Financial Inc | 103,039 | 1.00% | $18.24M | +11,510 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 331 | 9M | 84.0% | 47 / 111 | 114 / 80 | 2M | 1M |
| Q1 2026 | 370 | 8M | 75.9% | 76 / 130 | 91 / 45 | 2M | 1M |
| Q4 2025 | 347 | 8M | 73.7% | 60 / 74 | 154 / 66 | 1M | 1M |
| Q3 2025 | 356 | 8M | 76.8% | 69 / 113 | 115 / 58 | 2M | 1M |
| Q2 2025 | 347 | 8M | 75.0% | 68 / 119 | 100 / 43 | 1M | 1M |
| Q1 2025 | 327 | 8M | 73.6% | 50 / 118 | 92 / 62 | 2M | 2M |
| Q4 2024 | 346 | 7M | 72.2% | 53 / 108 | 112 / 37 | 1M | 1M |
| Q3 2024 | 332 | 7M | 69.0% | 54 / 84 | 120 / 45 | 2M | 1M |
| Q2 2024 | 325 | 7M | 69.6% | 51 / 92 | 125 / 50 | 1M | 1M |
| Q1 2024 | 326 | 7M | 72.7% | 43 / 119 | 95 / 58 | 1M | 1M |
| Q4 2023 | 342 | 8M | 73.1% | 57 / 97 | 110 / 35 | 1M | 1M |
| Q3 2023 | 323 | 8M | 75.4% | 57 / 89 | 112 / 26 | 1M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of SAM | Value | % of fund | As of |
|---|---|---|---|---|---|
| Avantis U.S. Small Cap Value ETF | 310,638 | 3.02% | $55.07M | 0.20% | May 31, 2026 |
| iShares Core S&P Mid-Cap ETF | 255,657 | 2.48% | $45.26M | 0.04% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 237,531 | 2.31% | $42.05M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 200,845 | 1.95% | $35.56M | 0.04% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 172,074 | 1.67% | $30.46M | 0.02% | Jun 30, 2026 |
| Longleaf Partners Small Cap Fund | 145,806 | 1.42% | $25.81M | 4.01% | Jun 30, 2026 |
| T. Rowe Price Small-Cap Value Fund, Inc. | 115,746 | 1.12% | $20.49M | 0.19% | Jun 30, 2026 |
| Vanguard Strategic Equity Fund | 114,668 | 1.11% | $20.30M | 0.17% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 109,116 | 1.06% | $19.32M | 0.03% | Jun 30, 2026 |
| Vanguard Consumer Staples Index Fund | 88,820 | 0.86% | $15.75M | 0.17% | May 31, 2026 |
| Vanguard Extended Market Index Fund | 85,904 | 0.83% | $15.21M | 0.02% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 84,821 | 0.82% | $15.54M | 0.05% | Jul 31, 2026 |
| Columbia Small Cap Value Discovery Fund | 81,706 | 0.79% | $14.97M | 0.60% | Jul 31, 2026 |
| Calamos Market Neutral Income Fund | 65,364 | 0.64% | $11.97M | 0.07% | Jul 31, 2026 |
| Dimensional U.S. Targeted Value ETF | 52,719 | 0.51% | $9.66M | 0.07% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Matthew Donal Murphy | CAO & VP of Finance | 7,235 | 0.07% | Mar 20, 2026 |
| Annette N. Fritsch | VP of Product Design and R&D | 9,445 | 0.09% | Mar 3, 2026 |
| Philip A. Hodges | Chief Operating Officer | 45,301 | 0.44% | Mar 3, 2026 |
| Diego Reynoso | CFO and Treasurer | 20,642 | 0.20% | Mar 3, 2026 |
| Michael R. Crowley | Chief Sales Officer | 12,812 | 0.12% | Mar 3, 2026 |
| Philip E. Savastano | Chief Supply Chain Officer | 3,547 | 0.03% | Mar 3, 2026 |
| Tara L. Heath | Chief Legal Officer | 13,999 | 0.14% | Mar 3, 2026 |
| Lesya Lysyj | Chief Marketing Officer | 16,505 | 0.16% | Mar 3, 2026 |
| Laura J. Boynton | Chief People Officer | 2,522 | 0.02% | Mar 3, 2026 |
| Carolyn L. O'Boyle | Chief People Officer | 13,037 | 0.13% | Mar 20, 2025 |
| Christopher Isaac Stone | Director | 1,411 | 0.01% | May 28, 2026 |
| Cynthia A. Fisher | Director | 4,297,599 | 41.76% | May 28, 2026 |
| Julio N. Nemeth | Director | 1,076 | 0.01% | May 28, 2026 |
| Meghan V. Joyce | Director | 1,076 | 0.01% | May 28, 2026 |
| Joseph Hugh Jordan | Director | 1,411 | 0.01% | May 28, 2026 |
| Cynthia Swanson | Director | 1,294 | 0.01% | May 28, 2026 |
| Michael Spillane | Director | 10,877 | 0.11% | Nov 4, 2025 |
| Jean Michel Valette | Director | 16,763 | 0.16% | Mar 17, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Cynthia A. Fisher Director | May 27, 2026 | Award | +358 | – | – | 4,399 |
| Julio N. Nemeth Director | May 27, 2026 | Award | −358 | – | – | 1,076 |
| Cynthia Swanson Director | May 27, 2026 | Award | +358 | – | – | 1,294 |
| Joseph Hugh Jordan Director | May 27, 2026 | Award | +358 | – | – | 1,411 |
| Christopher Isaac Stone Director | May 27, 2026 | Award | +358 | – | – | 1,411 |
| Meghan V. Joyce Director | May 27, 2026 | Award | +358 | – | – | 1,076 |
| Cynthia A. Fisher Director | Apr 2, 2026 | Option exercise | +1,560 | $157.58 | $245.82K | 4,041 |
| Matthew Donal Murphy CAO & VP of Finance | Mar 20, 2026 | Award | +129 | $136.07 | $17.55K | 7,235 |
| Diego Reynoso CFO and Treasurer | Mar 1, 2026 | Tax withholding | −622 | $226.78 | $141.06K | 20,642 |
| Diego Reynoso CFO and Treasurer | Mar 1, 2026 | Award | +5,734 | – | – | 26,376 |
| Philip A. Hodges Chief Operating Officer | Mar 1, 2026 | Tax withholding | −1,587 | $226.78 | $359.90K | 45,301 |
| Philip E. Savastano Chief Supply Chain Officer | Mar 1, 2026 | Award | +1,544 | – | – | 3,547 |
| Philip E. Savastano Chief Supply Chain Officer | Mar 1, 2026 | Tax withholding | −134 | $226.78 | $30.39K | 2,003 |
| Tara L. Heath Chief Legal Officer | Mar 1, 2026 | Award | +2,206 | – | – | 13,999 |
| Tara L. Heath Chief Legal Officer | Mar 1, 2026 | Tax withholding | −297 | $226.78 | $67.35K | 11,793 |
| Matthew Donal Murphy CAO & VP of Finance | Mar 1, 2026 | Award | +1,764 | – | – | 6,986 |
| Matthew Donal Murphy CAO & VP of Finance | Mar 1, 2026 | Tax withholding | −193 | $226.78 | $43.77K | 5,222 |
| Annette N. Fritsch VP of Product Design and R&D | Mar 1, 2026 | Tax withholding | −270 | $226.78 | $61.23K | 9,445 |
| Michael R. Crowley Chief Sales Officer | Mar 1, 2026 | Award | +2,206 | – | – | 12,812 |
| Michael R. Crowley Chief Sales Officer | Mar 1, 2026 | Tax withholding | −341 | $226.78 | $77.33K | 10,606 |
| Lesya Lysyj Chief Marketing Officer | Mar 1, 2026 | Tax withholding | −383 | $226.78 | $86.86K | 16,505 |
| Laura J. Boynton Chief People Officer | Mar 1, 2026 | Award | +1,324 | – | – | 2,522 |
| Laura J. Boynton Chief People Officer | Mar 1, 2026 | Tax withholding | −88 | $226.78 | $19.96K | 1,198 |
| Michael Spillane Director | Nov 4, 2025 | Sale | −1,968 | $206.15 | $405.70K | 10,877 |
| Michael Spillane Director | Nov 4, 2025 | Sale | −1,152 | $205.15 | $236.33K | 12,845 |
| Philip A. Hodges Chief Operating Officer | Oct 28, 2025 | Award | +13,186 | – | – | 46,888 |
| Diego Reynoso CFO and Treasurer | Aug 11, 2025 | Award | +5,518 | – | – | 21,264 |
| Philip A. Hodges Chief Supply Chain Officer | Aug 11, 2025 | Award | +13,796 | – | – | 33,703 |
| Annette N. Fritsch VP of Product Design and R&D | Aug 8, 2025 | Sale | −136 | $219.94 | $29.91K | 9,715 |
| Annette N. Fritsch VP of Product Design and R&D | Aug 8, 2025 | Sale | −464 | $219.04 | $101.63K | 9,851 |
| Cynthia Swanson Director | May 14, 2025 | Award | +271 | – | – | 936 |
| Julio N. Nemeth Director | May 14, 2025 | Award | −271 | – | – | 718 |
| Meghan V. Joyce Director | May 14, 2025 | Award | +271 | – | – | 718 |
| Joseph Hugh Jordan Director | May 14, 2025 | Award | +271 | – | – | 1,053 |
| Christopher Isaac Stone Director | May 14, 2025 | Award | +271 | – | – | 1,053 |
| Cynthia A. Fisher Director | May 14, 2025 | Award | +271 | – | – | 2,481 |
| Carolyn L. O'Boyle Chief People Officer | Mar 19, 2025 | Award | +120 | $146.26 | $17.55K | 13,037 |
| Matthew Donal Murphy CAO & VP of Finance | Mar 19, 2025 | Award | +120 | $146.26 | $17.55K | 5,535 |
| Jean Michel Valette Director | Mar 13, 2025 | Sale | −2,600 | $228.18 | $593.27K | 11,805 |
| Jean Michel Valette Director | Mar 13, 2025 | Sale | −900 | $229.23 | $206.31K | 10,905 |
| Annette N. Fritsch VP of Product Design and R&D | Mar 1, 2025 | Tax withholding | −129 | $243.77 | $31.45K | 2,108 |
| Annette N. Fritsch VP of Product Design and R&D | Mar 1, 2025 | Award | +8,207 | – | – | 10,315 |
| Tara L. Heath Chief Legal Officer | Mar 1, 2025 | Tax withholding | −157 | $243.77 | $38.27K | 3,883 |
| Tara L. Heath Chief Legal Officer | Mar 1, 2025 | Award | +8,207 | – | – | 12,090 |
| Carolyn L. O'Boyle Chief People Officer | Mar 1, 2025 | Tax withholding | −303 | $243.77 | $73.86K | 6,352 |
| Carolyn L. O'Boyle Chief People Officer | Mar 1, 2025 | Award | +6,565 | – | – | 12,917 |
| Diego Reynoso CFO and Treasurer | Mar 1, 2025 | Tax withholding | −426 | $243.77 | $103.85K | 15,746 |
| Diego Reynoso CFO and Treasurer | Mar 1, 2025 | Award | +9,437 | – | – | 16,172 |
| Lesya Lysyj Chief Marketing Officer | Mar 1, 2025 | Tax withholding | −309 | $243.77 | $75.32K | 16,888 |
| Lesya Lysyj Chief Marketing Officer | Mar 1, 2025 | Award | +6,565 | – | – | 17,197 |
| Philip A. Hodges Chief Supply Chain Officer | Mar 1, 2025 | Tax withholding | −444 | $243.77 | $108.23K | 15,804 |
| Philip A. Hodges Chief Supply Chain Officer | Mar 1, 2025 | Award | +4,103 | – | – | 19,907 |
| Michael R. Crowley Chief Sales Officer | Mar 1, 2025 | Award | +8,207 | – | – | 10,947 |
| Michael R. Crowley Chief Sales Officer | Mar 1, 2025 | Tax withholding | −170 | $243.77 | $41.44K | 2,740 |
| Matthew Donal Murphy CAO & VP of Finance | Mar 1, 2025 | Award | +1,437 | – | – | 5,415 |
| Michael Spillane President and CEO, Director | Mar 1, 2025 | Award | +4,103 | – | – | 10,673 |
| Carolyn L. O'Boyle Chief People Officer | Jan 2, 2025 | Sale(10b5-1 plan) | −62 | $301.76 | $18.71K | 6,655 |
| Carolyn L. O'Boyle Chief People Officer | Dec 2, 2024 | Sale(10b5-1 plan) | −62 | $316.24 | $19.61K | 6,717 |
| Carolyn L. O'Boyle Chief People Officer | Nov 1, 2024 | Sale(10b5-1 plan) | −62 | $292.74 | $18.15K | 6,779 |
| Carolyn L. O'Boyle Chief People Officer | Oct 1, 2024 | Sale(10b5-1 plan) | −62 | $288.86 | $17.91K | 6,841 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Spillane Michael Officer, Director | Nov 4, 2025 | 3,120 | $642.04K | Nov 4, 2025 | Stock Option Exercise |
| Fritsch Annette Officer | Aug 8, 2025 | 600 | $131.51K | Aug 8, 2025 | Restricted stock vesting under a registered plan |
| Jean Michel Valette Director | Mar 13, 2025 | 3,500 | $799.41K | Mar 13, 2025 | Stock Option Exercise |
| Oboyle Carolyn Officer | Jan 2, 2025 | 186 | $55.80K | Jan 2, 2025 | Restricted Stock Units |
| Oboyle Carolyn Officer | Oct 1, 2024 | 186 | $53.78K | Oct 1, 2024 | Restricted Stock Units |
| Oboyle Carolyn Officer | Aug 13, 2024 | 126 | $33.55K | Aug 13, 2024 | Restricted Stock Units |
| Burwick David Director, Officer | May 28, 2024 | 1,116 | $291.00K | May 28, 2024 | Exercise of Stock Options |
| Oboyle Carolyn Officer | Mar 1, 2024 | 203 | $62.55K | Mar 1, 2024 | Restricted Stock Units |
| Oboyle Carolyn Officer | Nov 13, 2023 | 408 | $137.37K | Nov 13, 2023 | Restricted Stock Units |
| East Of The Mississippi Lp Dogfish Officer, Director | Aug 11, 2023 | 14,099 | $5.03M | Aug 11, 2023 | Merger/Acquisition |
| East Of The Mississippi Lp Dogfish Officer, Director | Aug 10, 2023 | 12,901 | $4.67M | Aug 10, 2023 | Merger/Acquisition |
| C. Geist John Officer | Jul 28, 2023 | 3,524 | $1.10M | Jul 28, 2023 | Exercise of Stock Options |
| C. Geist John Officer | Jun 5, 2023 | 10,000 | $3.43M | Jun 5, 2023 | Exercise of Stock Options |
| Burwick Dave Officer | May 22, 2023 | 1,644 | $535.24K | May 22, 2023 | Exercise of Stock Options |