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Brown-Forman Class A

121 hedge funds and large institutions have $1.58B invested in Brown-Forman Class A in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 35 increasing their positions, 34 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 34

0% more funds holding

Funds holding: 121121 (0)

0% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 8

5% less capital invested

Capital invested by funds: $1.67B → $1.58B (-$82.9M)

3.37% less ownership

Funds ownership: 46.05%42.69% (-3.4%)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
121
Holders Change
Holders Change %
0%
% of All Funds
3.17%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.1%
New
8
Increased
35
Reduced
34
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BP
1
BBR Partners
New York
$357M -$121M -2,658,437 -25%
GRQ
2
Gardner Russo & Quinn
Pennsylvania
$274M -$11.9M -261,920 -4%
P
3
Pitcairn
Pennsylvania
$163M -$1.59K -35 -0%
PNC Financial Services Group
4
PNC Financial Services Group
Pennsylvania
$154M +$185K +4,062 +0.1%
GF
5
Gabelli Funds
New York
$93.4M -$399K -8,750 -0.4%
GI
6
GAMCO Investors
Connecticut
$88.8M -$2.48M -54,475 -3%
AB
7
Atlas Brown
Kentucky
$69.5M -$16.6M -363,365 -18%
LT
8
Lindsell Train
United Kingdom
$68.8M
MG
9
Markel Group
Virginia
$46.4M
BFA
10
BlackRock Fund Advisors
California
$27.7M +$2.96M +64,935 +11%
BIT
11
BlackRock Institutional Trust
California
$23.5M +$663K +14,552 +3%
California Public Employees Retirement System
12
California Public Employees Retirement System
California
$16.6M +$364K +8,000 +2%
State Street
13
State Street
Massachusetts
$14M +$587K +12,890 +4%
HFS
14
HL Financial Services
Kentucky
$10.4M +$2.62M +57,473 +32%
JHIU
15
Janus Henderson Investors US
Colorado
$10.3M +$3.21M +70,500 +43%
Renaissance Technologies
16
Renaissance Technologies
New York
$9M
Bank of New York Mellon
17
Bank of New York Mellon
New York
$8.83M +$4.71M +103,395 +107%
TCIM
18
TIAA CREF Investment Management
New York
$8.32M +$297K +6,515 +4%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$7.97M +$49.8K +1,093 +0.6%
GT
20
Glenview Trust
Kentucky
$7.02M +$7.26M +159,443 New
New York State Common Retirement Fund
21
New York State Common Retirement Fund
New York
$6.92M
HIC
22
Harvey Investment Company
Kentucky
$6.82M -$34.2K -750 -0.5%
Northern Trust
23
Northern Trust
Illinois
$6.56M +$145K +3,180 +2%
California State Teachers Retirement System (CalSTRS)
24
California State Teachers Retirement System (CalSTRS)
California
$5.59M +$91.2K +2,003 +2%
SYBT
25
Stock Yards Bank & Trust
Kentucky
$5.47M -$32.6K -715 -0.6%

BF.A Hedge Fund Activity: Q4 2015 in Review

121 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q4 2015, worth a combined $1.58B — down 5% from $1.67B a quarter earlier.

Fund positioning in BF.A was balanced in Q4 2015: 8 funds opened new positions, 8 closed out, 35 added to existing stakes and 34 trimmed.

The largest buyer was Bank of New York Mellon, adding an estimated $4.71M. The largest seller was BBR Partners, cutting an estimated $121M.

  • 121 institutional investors held Brown-Forman Class A (BF.A) as of Q4 2015, unchanged from Q3 2015.
  • Funds reported $1.58B of Brown-Forman Class A stock for Q4 2015, down 5% quarter-over-quarter.
  • 8 funds opened new Brown-Forman Class A positions in Q4 2015 and 8 closed out, a net change of 0 holders.
  • The largest Brown-Forman Class A buyer in Q4 2015 was Bank of New York Mellon, an estimated $4.71M added.
  • The largest Brown-Forman Class A seller in Q4 2015 was BBR Partners, an estimated $121M sold.

Based on aggregated 13F filings for Q4 2015.