Brown-Forman Class A
BF.A
123 hedge funds and large institutions have $1.43B invested in Brown-Forman Class A in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 40 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
2% more funds holding
Funds holding: 121 → 123 (+2)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2.88% less ownership
Funds ownership: 42.69% → 39.8% (-2.9%)
10% less capital invested
Capital invested by funds: $1.58B → $1.43B (-$151M)
23% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AB
Atlas Brown
Louisville,
Kentucky
|
+$15.3M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
+$4.62M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$1.33M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$1.03M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$952K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BP
BBR Partners
New York
|
-$61.1M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$44.7M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$5.53M |
| 4 |
GRQ
Gardner Russo & Quinn
Lancaster,
Pennsylvania
|
-$5.4M |
| 5 |
Morgan Stanley
New York
|
-$1.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCS
126
Levin Capital Strategies
New York
| – | -$330K | -7,500 | Closed |
|
|
CCIA
127
Campbell & Co Investment Adviser
Baltimore,
Maryland
| – | -$255K | -5,798 | Closed |
|
|
GW
128
GW & Wade
Wellesley,
Massachusetts
| – | -$202K | -4,580 | Closed |
|
129
Envestnet Asset Management
Chicago,
Illinois
| – | -$125K | -2,843 | Closed |
|
130
BNP Paribas Financial Markets
Paris,
France
| – | -$1.76K | -40 | Closed |
|
BF.A Hedge Fund Activity: Q1 2016 in Review
123 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q1 2016, worth a combined $1.43B — down 9.5% from $1.58B a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BF.A positions and 8 closed out — a net gain of 4 holders — while 31 added to existing stakes and 40 trimmed.
The largest buyer was Atlas Brown, adding an estimated $15.3M. The largest seller was BBR Partners, cutting an estimated $61.1M.
- 123 institutional investors held Brown-Forman Class A (BF.A) as of Q1 2016, up from 121 in Q4 2015.
- Funds reported $1.43B of Brown-Forman Class A stock for Q1 2016, down 9.5% quarter-over-quarter.
- 12 funds opened new Brown-Forman Class A positions in Q1 2016 and 8 closed out, a net change of +4 holders.
- The largest Brown-Forman Class A buyer in Q1 2016 was Atlas Brown, an estimated $15.3M added.
- The largest Brown-Forman Class A seller in Q1 2016 was BBR Partners, an estimated $61.1M sold.
Based on aggregated 13F filings for Q1 2016.