Brown-Forman Class A
BF.A
75 hedge funds and large institutions have $1.2B invested in Brown-Forman Class A in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 8 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
12% more capital invested
Capital invested by funds: $1.07B → $1.2B (+$129M)
0.24% more ownership
Funds ownership: 47.83% → 48.07% (+0.24%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3% less funds holding
Funds holding: 77 → 75 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GRQ
Gardner Russo & Quinn
Lancaster,
Pennsylvania
|
+$3.71M |
| 2 |
LT
Lindsell Train
London,
United Kingdom
|
+$2.65M |
| 3 |
P
Pitcairn
Conshohocken,
Pennsylvania
|
+$505K |
| 4 |
Renaissance Technologies
New York
|
+$323K |
| 5 |
RIM
Regent Investment Management
Louisville,
Kentucky
|
+$316K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
California State Teachers Retirement System (CalSTRS)
West Sacramento,
California
|
-$3.49M |
| 2 |
AG
Aperio Group
Sausalito,
California
|
-$892K |
| 3 |
Bank of New York Mellon
New York
|
-$715K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$545K |
| 5 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$505K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Citigroup
New York
| $4K | -$3.46K | -120 | -44% |
|
|
77
California State Teachers Retirement System (CalSTRS)
West Sacramento,
California
| – | -$3.49M | -131,988 | Closed |
|
|
78
HighTower Advisors
Chicago,
Illinois
| – | -$545K | -20,598 | Closed |
|
|
WIC
79
Wood Investment Counsel
Denver,
Colorado
| – | -$205K | -7,728 | Closed |
|
|
MA
80
MUFG Americas
New York
| – | -$44K | -1,673 | Closed |
|
|
AF
81
Arrow Financial
Glens Falls,
New York
| – | -$43K | -1,620 | Closed |
|
|
CAL
82
Capital Analysts LLC
Fort Washington,
Pennsylvania
| – | -$23.1K | -873 | Closed |
|
|
EWM
83
Elite Wealth Management
Kirkland,
Washington
| – | -$22K | -843 | Closed |
|
BF.A Hedge Fund Activity: Q4 2013 in Review
75 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q4 2013, worth a combined $1.2B — up 12% from $1.07B a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BF.A and 6 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 17 added.
The largest buyer was Gardner Russo & Quinn, adding an estimated $3.71M. The largest seller was California State Teachers Retirement System (CalSTRS), exiting entirely with an estimated $3.49M sold.
- 75 institutional investors held Brown-Forman Class A (BF.A) as of Q4 2013, down from 77 in Q3 2013.
- Funds reported $1.2B of Brown-Forman Class A stock for Q4 2013, up 12% quarter-over-quarter.
- 6 funds opened new Brown-Forman Class A positions in Q4 2013 and 8 closed out, a net change of -2 holders.
- The largest Brown-Forman Class A buyer in Q4 2013 was Gardner Russo & Quinn, an estimated $3.71M added.
- The largest Brown-Forman Class A seller in Q4 2013 was California State Teachers Retirement System (CalSTRS), an estimated $3.49M sold.
Based on aggregated 13F filings for Q4 2013.