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Brown-Forman Class A

148 hedge funds and large institutions have $973M invested in Brown-Forman Class A in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 38 increasing their positions, 30 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 30

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 12

0.42% less ownership

Funds ownership: 12.56%12.14% (-0.42%)

1% less funds holding

Funds holding: 149148 (-1)

10% less capital invested

Capital invested by funds: $1.08B → $973M (-$106M)

Holders
148
Holders Change
-1
Holders Change %
-0.67%
% of All Funds
3.3%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
12
Increased
38
Reduced
30
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
California State Teachers Retirement System (CalSTRS)
26
California State Teachers Retirement System (CalSTRS)
California
$3.84M +$89.7K +1,879 +2%
FBT
27
First Bankers Trust
Kentucky
$3.6M +$1.78M +37,274 +96%
Susquehanna International Group
28
Susquehanna International Group
Pennsylvania
$3.47M +$2.99M +62,586 +589%
Wells Fargo
29
Wells Fargo
California
$3.4M -$64.8K -1,357 -2%
TA
30
Teachers Advisors
New York
$3.02M
SYBT
31
Stock Yards Bank & Trust
Kentucky
$2.92M
Vanguard Group
32
Vanguard Group
Pennsylvania
$2.85M +$294K +6,164 +11%
RhumbLine Advisers
33
RhumbLine Advisers
Massachusetts
$2.74M -$195K -4,089 -7%
EVM
34
Eaton Vance Management
Massachusetts
$2.64M -$26.3K -550 -1%
JFL
35
Jarislowsky, Fraser Ltd
Quebec, Canada
$2.53M
PPA
36
Parametric Portfolio Associates
Washington
$2.27M +$210K +4,399 +10%
US Bancorp
37
US Bancorp
Minnesota
$2.13M
Goldman Sachs
38
Goldman Sachs
New York
$1.81M -$49.5K -1,038 -3%
SC
39
Schulhoff & Co
Ohio
$1.77M
TTWM
40
TCV Trust & Wealth Management
Virginia
$1.77M
T. Rowe Price Associates
41
T. Rowe Price Associates
Maryland
$1.71M
V
42
Veritable
Delaware
$1.71M
State Board of Administration of Florida Retirement System
43
State Board of Administration of Florida Retirement System
Florida
$1.68M +$314K +6,580 +23%
Morgan Stanley
44
Morgan Stanley
New York
$1.62M -$1.16M -24,301 -42%
BTW
45
Boston Trust Walden
Massachusetts
$1.54M
KPF
46
K2 Principal Fund
Ontario, Canada
$1.46M +$454K +9,521 +45%
CPO
47
Cerity Partners OCIO
New York
$1.39M +$795K +16,653 +132%
LPL Financial
48
LPL Financial
California
$1.35M +$37K +776 +3%
UBS Group
49
UBS Group
Switzerland
$1.34M +$150K +3,135 +13%
AllianceBernstein
50
AllianceBernstein
Tennessee
$1.26M +$1.43K +30 +0.1%

BF.A Hedge Fund Activity: Q4 2018 in Review

148 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q4 2018, worth a combined $973M — down 9.8% from $1.08B a quarter earlier.

Fund positioning in BF.A was balanced in Q4 2018: 12 funds opened new positions, 12 closed out, 38 added to existing stakes and 30 trimmed.

The largest buyer was UBS AM, adding an estimated $10.2M. The largest seller was BBR Partners, cutting an estimated $46.5M.

  • 148 institutional investors held Brown-Forman Class A (BF.A) as of Q4 2018, down from 149 in Q3 2018.
  • Funds reported $973M of Brown-Forman Class A stock for Q4 2018, down 9.8% quarter-over-quarter.
  • 12 funds opened new Brown-Forman Class A positions in Q4 2018 and 12 closed out, a net change of 0 holders.
  • The largest Brown-Forman Class A buyer in Q4 2018 was UBS AM, an estimated $10.2M added.
  • The largest Brown-Forman Class A seller in Q4 2018 was BBR Partners, an estimated $46.5M sold.

Based on aggregated 13F filings for Q4 2018.