Brown-Forman Class A
BF.A
124 hedge funds and large institutions have $1.29B invested in Brown-Forman Class A in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 32 increasing their positions, 35 reducing their positions, and 8 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1% less funds holding
Funds holding: 125 → 124 (-1)
9% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 35
11% less capital invested
Capital invested by funds: $1.45B → $1.29B (-$157M)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
20.36% less ownership
Funds ownership: 39.65% → 19.3% (-20%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$1.05M |
| 2 |
Renaissance Technologies
New York
|
+$971K |
| 3 |
Bank of New York Mellon
New York
|
+$884K |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$782K |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$618K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
|
-$21.3M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$6.19M |
| 3 |
GRQ
Gardner Russo & Quinn
Lancaster,
Pennsylvania
|
-$4.44M |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$2.62M |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$2.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
UBS AM
Chicago,
Illinois
| – | -$203K | -4,700 | Closed |
|
127
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$61K | -1,410 | Closed |
|
|
PCP
128
Proficio Capital Partners
Newton,
Massachusetts
| – | -$48.4K | -1,170 | Closed |
|
129
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$4K | -93 | Closed |
|
|
CCA
130
Checchi Capital Advisers
Beverly Hills,
California
| – | -$2K | -45 | Closed |
|
BF.A Hedge Fund Activity: Q3 2016 in Review
124 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q3 2016, worth a combined $1.29B — down 11% from $1.45B a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BF.A and 7 opened new positions — a net loss of 1 holder — while 35 trimmed existing stakes and 32 added.
The largest buyer was Brown Advisory, adding an estimated $1.05M. The largest seller was State Board of Administration of Florida Retirement System, cutting an estimated $21.3M.
- 124 institutional investors held Brown-Forman Class A (BF.A) as of Q3 2016, down from 125 in Q2 2016.
- Funds reported $1.29B of Brown-Forman Class A stock for Q3 2016, down 11% quarter-over-quarter.
- 7 funds opened new Brown-Forman Class A positions in Q3 2016 and 8 closed out, a net change of -1 holder.
- The largest Brown-Forman Class A buyer in Q3 2016 was Brown Advisory, an estimated $1.05M added.
- The largest Brown-Forman Class A seller in Q3 2016 was State Board of Administration of Florida Retirement System, an estimated $21.3M sold.
Based on aggregated 13F filings for Q3 2016.