Brown-Forman Class A
BF.A
77 hedge funds and large institutions have $1.07B invested in Brown-Forman Class A in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 21 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
3% more funds holding
Funds holding: 75 → 77 (+2)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
6.01% less ownership
Funds ownership: 53.84% → 47.83% (-6%)
13% less capital invested
Capital invested by funds: $1.23B → $1.07B (-$161M)
19% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BP
BBR Partners
New York
|
+$6.81M |
| 2 |
California State Teachers Retirement System (CalSTRS)
West Sacramento,
California
|
+$3.71M |
| 3 |
LT
Lindsell Train
London,
United Kingdom
|
+$1.72M |
| 4 |
Renaissance Technologies
New York
|
+$1.47M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AB
Atlas Brown
Louisville,
Kentucky
|
-$140M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$14.2M |
| 3 |
State Street
Boston,
Massachusetts
|
-$1.37M |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$995K |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$817K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Citigroup
New York
| $7K | +$7.59K | +270 | New |
|
77
Barclays
London,
United Kingdom
| $6K | +$3.38K | +120 | +126% |
|
|
78
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
| – | -$817K | -30,185 | Closed |
|
79
Northern Trust
Chicago,
Illinois
| – | -$287K | -10,593 | Closed |
|
|
MCM
80
Murphy Capital Management
Bedminster,
New Jersey
| – | -$240K | -8,875 | Closed |
|
|
HTC
81
Haverford Trust Company
Radnor,
Pennsylvania
| – | -$203K | -7,500 | Closed |
|
BF.A Hedge Fund Activity: Q3 2013 in Review
77 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q3 2013, worth a combined $1.07B — down 13% from $1.23B a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BF.A positions and 4 closed out — a net gain of 3 holders — while 17 added to existing stakes and 21 trimmed.
The largest buyer was BBR Partners, adding an estimated $6.81M. The largest seller was Atlas Brown, cutting an estimated $140M.
- 77 institutional investors held Brown-Forman Class A (BF.A) as of Q3 2013, up from 75 in Q2 2013.
- Funds reported $1.07B of Brown-Forman Class A stock for Q3 2013, down 13% quarter-over-quarter.
- 7 funds opened new Brown-Forman Class A positions in Q3 2013 and 4 closed out, a net change of +3 holders.
- The largest Brown-Forman Class A buyer in Q3 2013 was BBR Partners, an estimated $6.81M added.
- The largest Brown-Forman Class A seller in Q3 2013 was Atlas Brown, an estimated $140M sold.
Based on aggregated 13F filings for Q3 2013.