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 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCM
126
Tradition Capital Management
Summit,
New Jersey
| – | -$1.23M | -31,178 | Closed |
|
127
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$493K | -12,496 | Closed |
|
128
Lido Advisors
Los Angeles,
California
| – | -$467K | -11,838 | Closed |
|
129
M&T Bank
Buffalo,
New York
| – | -$227K | -5,756 | Closed |
|
130
Walleye Trading
New York
| – | -$199 | -5,036 | Closed |
|
|
AIG
131
American International Group
New York
| – | -$64K | -1,633 | Closed |
|
132
First Manhattan
New York
| – | -$51K | -1,313 | Closed |
|
133
Creative Planning
Overland Park,
Kansas
| – | -$44K | -1,125 | Closed |
|
134
BNP Paribas Financial Markets
Paris,
France
| – | -$43.9K | -1,114 | Closed |
|
|
PFPT
135
Pinnacle Financial Partners (Tennessee)
Nashville,
Tennessee
| – | -$42K | -1,063 | Closed |
|
|
DADC
136
D.A. Davidson & Co
Great Falls,
Montana
| – | -$38K | -969 | Closed |
|
|
PI
137
PineBridge Investments
New York
| – | -$32K | -829 | Closed |
|
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.