Brown-Forman Class A
BF.A
150 hedge funds and large institutions have $1.74B invested in Brown-Forman Class A in 2017 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 32 increasing their positions, 40 reducing their positions, and 4 closing their positions.
600% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 4
21% more capital invested
Capital invested by funds: $1.44B → $1.74B (+$299M)
19% more funds holding
Funds holding: 126 → 150 (+24)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.02% less ownership
Funds ownership: 19.08% → 19.06% (-0.02%)
20% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MME
Meag Munich Ergo
Munich,
Germany
|
+$3.42M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$2.82M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.64M |
| 4 |
Morgan Stanley
New York
|
+$1.5M |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GRQ
Gardner Russo & Quinn
Lancaster,
Pennsylvania
|
-$6.92M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$5.46M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$895K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$858K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$777K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
STA
151
Summit Trail Advisors
New York
| – | +$191 | +4 | New |
|
152
AssetMark Inc
Concord,
California
| – | +$239 | +5 | New |
|
|
LFA
153
Legacy Financial Advisors
Covington,
Kentucky
| – | +$622 | +13 | New |
|
BF.A Hedge Fund Activity: Q4 2017 in Review
150 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q4 2017, worth a combined $1.74B — up 21% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BF.A positions and 4 closed out — a net gain of 24 holders — while 32 added to existing stakes and 40 trimmed.
The largest buyer was Meag Munich Ergo, opening a new position worth an estimated $3.42M. The largest seller was Gardner Russo & Quinn, cutting an estimated $6.92M.
- 150 institutional investors held Brown-Forman Class A (BF.A) as of Q4 2017, up from 126 in Q3 2017.
- Funds reported $1.74B of Brown-Forman Class A stock for Q4 2017, up 21% quarter-over-quarter.
- 28 funds opened new Brown-Forman Class A positions in Q4 2017 and 4 closed out, a net change of +24 holders.
- The largest Brown-Forman Class A buyer in Q4 2017 was Meag Munich Ergo, an estimated $3.42M added.
- The largest Brown-Forman Class A seller in Q4 2017 was Gardner Russo & Quinn, an estimated $6.92M sold.
Based on aggregated 13F filings for Q4 2017.