Brown-Forman Class A
BF.A
157 hedge funds and large institutions have $1.53B invested in Brown-Forman Class A in 2019 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 45 increasing their positions, 39 reducing their positions, and 12 closing their positions.
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
47% more capital invested
Capital invested by funds: $1.04B → $1.53B (+$492M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
15% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 39
4.45% more ownership
Funds ownership: 12% → 16.45% (+4.5%)
3% more funds holding
Funds holding: 152 → 157 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$399M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$10.2M |
| 3 |
LT
Lindsell Train
London,
United Kingdom
|
+$10.2M |
| 4 |
BP
BBR Partners
New York
|
+$7.81M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
+$4.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
New York State Common Retirement Fund
Albany,
New York
|
-$8.53M |
| 2 |
GRQ
Gardner Russo & Quinn
Lancaster,
Pennsylvania
|
-$5.76M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$3.03M |
| 4 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$991K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$617K |
BF.A Hedge Fund Activity: Q2 2019 in Review
157 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q2 2019, worth a combined $1.53B — up 47% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new BF.A positions and 12 closed out — a net gain of 9 holders — while 45 added to existing stakes and 39 trimmed.
The largest buyer was Baird Financial Group, adding an estimated $399M. The largest seller was New York State Common Retirement Fund, cutting an estimated $8.53M.
- 157 institutional investors held Brown-Forman Class A (BF.A) as of Q2 2019, up from 152 in Q1 2019.
- Funds reported $1.53B of Brown-Forman Class A stock for Q2 2019, up 47% quarter-over-quarter.
- 21 funds opened new Brown-Forman Class A positions in Q2 2019 and 12 closed out, a net change of +9 holders.
- The largest Brown-Forman Class A buyer in Q2 2019 was Baird Financial Group, an estimated $399M added.
- The largest Brown-Forman Class A seller in Q2 2019 was New York State Common Retirement Fund, an estimated $8.53M sold.
Based on aggregated 13F filings for Q2 2019.