Brown-Forman Class A
BF.A
126 hedge funds and large institutions have $1.44B invested in Brown-Forman Class A in 2017 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 33 increasing their positions, 36 reducing their positions, and 12 closing their positions.
41% more capital invested
Capital invested by funds: $1.02B → $1.44B (+$415M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
3.75% more ownership
Funds ownership: 15.33% → 19.08% (+3.8%)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
1% more funds holding
Funds holding: 125 → 126 (+1)
8% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AB
Atlas Brown
Louisville,
Kentucky
|
+$265M |
| 2 |
LT
Lindsell Train
London,
United Kingdom
|
+$8.78M |
| 3 |
New York State Common Retirement Fund
Albany,
New York
|
+$3.68M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$827K |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
+$712K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GRQ
Gardner Russo & Quinn
Lancaster,
Pennsylvania
|
-$2.9M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$2.11M |
| 3 |
State Street
Boston,
Massachusetts
|
-$1.66M |
| 4 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$1.4M |
| 5 |
Renaissance Technologies
New York
|
-$1.31M |
BF.A Hedge Fund Activity: Q3 2017 in Review
126 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q3 2017, worth a combined $1.44B — up 41% from $1.02B a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BF.A positions and 12 closed out — a net gain of 1 holder — while 33 added to existing stakes and 36 trimmed.
The largest buyer was Atlas Brown, adding an estimated $265M. The largest seller was Gardner Russo & Quinn, cutting an estimated $2.9M.
- 126 institutional investors held Brown-Forman Class A (BF.A) as of Q3 2017, up from 125 in Q2 2017.
- Funds reported $1.44B of Brown-Forman Class A stock for Q3 2017, up 41% quarter-over-quarter.
- 13 funds opened new Brown-Forman Class A positions in Q3 2017 and 12 closed out, a net change of +1 holder.
- The largest Brown-Forman Class A buyer in Q3 2017 was Atlas Brown, an estimated $265M added.
- The largest Brown-Forman Class A seller in Q3 2017 was Gardner Russo & Quinn, an estimated $2.9M sold.
Based on aggregated 13F filings for Q3 2017.