13F

Position

CWM, LLC in Boston Beer Co Inc

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark $2.1M$0.20$230.40

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20259.13K$1.78K0.0%
Q1 202612.4K$2.85M$230.40$2.1M$746.3K0.0%