BOSTON BEER INC

Ticker: SAM CUSIP: 100557107 Class: CL A

ACADIAN ASSET MANAGEMENT LLC's Holding History (CIK: 0000916542)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 29,021 Value ($000) $6 Avg Close $206.20 Range $189.92 - $243.73

Q3 2025

Shares 106,674 Value ($000) $23 Avg Close $212.75 Range $187.00 - $232.00

Q2 2025

Shares 67,116 Value ($000) $13 Avg Close $230.18 Range $185.34 - $260.00

Q4 2023

Shares 912 Value ($000) $0 Avg Close $350.71 Range $313.17 - $395.52

Q3 2021

Shares 247 Value ($000) $125 Avg Close $679.74 Range $503.32 - $1017.32

Q2 2021

Shares 474 Value ($000) $483 Avg Close $1122.26 Range $963.71 - $1349.98

Q1 2021

Shares 271 Value ($000) $327 Avg Close $1048.96 Range $885.35 - $1256.04

Q4 2020

Shares 334 Value ($000) $332 Avg Close $959.73 Range $865.85 - $1092.80

Q3 2020

Shares 125 Value ($000) $110 Avg Close $789.85 Range $534.63 - $935.52

Q3 2019

Shares 5,061 Value ($000) $1,843 Avg Close $393.06 Range $336.06 - $444.65

Q2 2019

Shares 5,945 Value ($000) $2,245 Avg Close $316.66 Range $258.34 - $379.35

Q1 2019

Shares 8,805 Value ($000) $2,595 Avg Close $273.54 Range $230.93 - $320.14

Q4 2018

Shares 8,805 Value ($000) $2,121 Avg Close $279.65 Range $235.58 - $324.93

Q3 2018

Shares 26,531 Value ($000) $7,629 Avg Close $300.25 Range $263.50 - $329.95

Q2 2018

Shares 74,761 Value ($000) $22,409 Avg Close $243.65 Range $185.95 - $307.00

Q1 2018

Shares 27,153 Value ($000) $5,134 Avg Close $183.93 Range $160.40 - $202.35

Q4 2017

Shares 42,129 Value ($000) $8,051 Avg Close $178.64 Range $155.75 - $197.05

Q3 2017

Shares 23,954 Value ($000) $3,742 Avg Close $146.09 Range $128.75 - $165.80

Q2 2017

Shares 227 Value ($000) $30 Avg Close $139.90 Range $128.70 - $149.70

Q1 2017

Shares 38 Value ($000) $5 Avg Close $156.51 Range $141.55 - $175.60

Q3 2016

Shares 8,619 Value ($000) $1,338 Avg Close $174.40 Range $146.87 - $195.35

Q2 2016

Shares 7,022 Value ($000) $1,201 Avg Close $161.90 Range $145.33 - $185.27

Q1 2016

Shares 3,438 Value ($000) $636 Avg Close $182.28 Range $160.84 - $202.77

Q4 2015

Shares 7,294 Value ($000) $1,473 Avg Close $219.24 Range $198.68 - $260.51

Q3 2015

Shares 34 Value ($000) $7 Avg Close $221.14 Range $195.04 - $238.72

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	29,021	$6	$206.20	$189.92 - $243.73
Q3 2025	106,674	$23	$212.75	$187.00 - $232.00
Q2 2025	67,116	$13	$230.18	$185.34 - $260.00
Q4 2023	912	$0	$350.71	$313.17 - $395.52
Q3 2021	247	$125	$679.74	$503.32 - $1017.32
Q2 2021	474	$483	$1122.26	$963.71 - $1349.98
Q1 2021	271	$327	$1048.96	$885.35 - $1256.04
Q4 2020	334	$332	$959.73	$865.85 - $1092.80
Q3 2020	125	$110	$789.85	$534.63 - $935.52
Q3 2019	5,061	$1,843	$393.06	$336.06 - $444.65
Q2 2019	5,945	$2,245	$316.66	$258.34 - $379.35
Q1 2019	8,805	$2,595	$273.54	$230.93 - $320.14
Q4 2018	8,805	$2,121	$279.65	$235.58 - $324.93
Q3 2018	26,531	$7,629	$300.25	$263.50 - $329.95
Q2 2018	74,761	$22,409	$243.65	$185.95 - $307.00
Q1 2018	27,153	$5,134	$183.93	$160.40 - $202.35
Q4 2017	42,129	$8,051	$178.64	$155.75 - $197.05
Q3 2017	23,954	$3,742	$146.09	$128.75 - $165.80
Q2 2017	227	$30	$139.90	$128.70 - $149.70
Q1 2017	38	$5	$156.51	$141.55 - $175.60
Q3 2016	8,619	$1,338	$174.40	$146.87 - $195.35
Q2 2016	7,022	$1,201	$161.90	$145.33 - $185.27
Q1 2016	3,438	$636	$182.28	$160.84 - $202.77
Q4 2015	7,294	$1,473	$219.24	$198.68 - $260.51
Q3 2015	34	$7	$221.14	$195.04 - $238.72