Brown-Forman Class A
BF.A
149 hedge funds and large institutions have $1.08B invested in Brown-Forman Class A in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 41 increasing their positions, 45 reducing their positions, and 17 closing their positions.
9% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 45
1.88% less ownership
Funds ownership: 14.44% → 12.56% (-1.9%)
3% less funds holding
Funds holding: 154 → 149 (-5)
10% less capital invested
Capital invested by funds: $1.2B → $1.08B (-$122M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
29% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
New York State Common Retirement Fund
Albany,
New York
|
+$15.8M |
| 2 |
LT
Lindsell Train
London,
United Kingdom
|
+$12.9M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
+$11.1M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$905K |
| 5 |
Morgan Stanley
New York
|
+$808K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AB
Atlas Brown
Louisville,
Kentucky
|
-$176M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$10.5M |
| 3 |
BlackRock
New York
|
-$7.39M |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$2.88M |
| 5 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$1.63M |
BF.A Hedge Fund Activity: Q3 2018 in Review
149 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q3 2018, worth a combined $1.08B — down 10% from $1.2B a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of BF.A and 12 opened new positions — a net loss of 5 holders — while 45 trimmed existing stakes and 41 added.
The largest buyer was New York State Common Retirement Fund, adding an estimated $15.8M. The largest seller was Atlas Brown, cutting an estimated $176M.
- 149 institutional investors held Brown-Forman Class A (BF.A) as of Q3 2018, down from 154 in Q2 2018.
- Funds reported $1.08B of Brown-Forman Class A stock for Q3 2018, down 10% quarter-over-quarter.
- 12 funds opened new Brown-Forman Class A positions in Q3 2018 and 17 closed out, a net change of -5 holders.
- The largest Brown-Forman Class A buyer in Q3 2018 was New York State Common Retirement Fund, an estimated $15.8M added.
- The largest Brown-Forman Class A seller in Q3 2018 was Atlas Brown, an estimated $176M sold.
Based on aggregated 13F filings for Q3 2018.