Brown-Forman Class A
BF.A
120 hedge funds and large institutions have $959M invested in Brown-Forman Class A in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 32 increasing their positions, 34 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
6% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 34
3.27% less ownership
Funds ownership: 18.35% → 15.07% (-3.3%)
4% less funds holding
Funds holding: 125 → 120 (-5)
17% less capital invested
Capital invested by funds: $1.15B → $959M (-$194M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$49.7M |
| 2 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$7.13M |
| 3 |
LT
Lindsell Train
London,
United Kingdom
|
+$3.78M |
| 4 |
Renaissance Technologies
New York
|
+$1.46M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BP
BBR Partners
New York
|
-$111M |
| 2 |
AB
Atlas Brown
Louisville,
Kentucky
|
-$78.6M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$26.5M |
| 4 |
GRQ
Gardner Russo & Quinn
Lancaster,
Pennsylvania
|
-$4.61M |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$3.53M |
BF.A Hedge Fund Activity: Q1 2017 in Review
120 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q1 2017, worth a combined $959M — down 17% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BF.A positions and 6 closed out — a net gain of 1 holder — while 32 added to existing stakes and 34 trimmed.
The largest buyer was BlackRock, adding an estimated $49.7M. The largest seller was BBR Partners, cutting an estimated $111M.
- 120 institutional investors held Brown-Forman Class A (BF.A) as of Q1 2017, down from 125 in Q4 2016.
- Funds reported $959M of Brown-Forman Class A stock for Q1 2017, down 17% quarter-over-quarter.
- 7 funds opened new Brown-Forman Class A positions in Q1 2017 and 6 closed out, a net change of +1 holder.
- The largest Brown-Forman Class A buyer in Q1 2017 was BlackRock, an estimated $49.7M added.
- The largest Brown-Forman Class A seller in Q1 2017 was BBR Partners, an estimated $111M sold.
Based on aggregated 13F filings for Q1 2017.