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Brown-Forman Class 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.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 8

2% more funds holding

Funds holding: 121123 (+2)

0% more funds holding in top 10

Funds holding in top 10: 44 (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

Holders
123
Holders Change
+2
Holders Change %
+1.65%
% of All Funds
3.28%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
12
Increased
31
Reduced
40
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BP
1
BBR Partners
New York
$284M -$61.1M -1,450,000 -18%
GRQ
2
Gardner Russo & Quinn
Pennsylvania
$260M -$5.4M -128,265 -2%
P
3
Pitcairn
Pennsylvania
$158M -$716 -17 -0%
PNC Financial Services Group
4
PNC Financial Services Group
Pennsylvania
$104M -$44.7M -1,062,655 -30%
GF
5
Gabelli Funds
New York
$89.3M -$1.11M -26,250 -1%
AB
6
Atlas Brown
Kentucky
$88.5M +$15.3M +363,365 +21%
GI
7
GAMCO Investors
Connecticut
$80.5M -$5.53M -131,313 -7%
LT
8
Lindsell Train
United Kingdom
$66.9M +$211K +5,000 +0.3%
MG
9
Markel Group
Virginia
$45M
BFA
10
BlackRock Fund Advisors
California
$26M -$891K -21,165 -3%
BIT
11
BlackRock Institutional Trust
California
$22M -$757K -17,987 -3%
California Public Employees Retirement System
12
California Public Employees Retirement System
California
$15.9M -$211K -5,000 -1%
State Street
13
State Street
Massachusetts
$14.1M +$502K +11,922 +4%
New York State Common Retirement Fund
14
New York State Common Retirement Fund
New York
$11.4M +$4.62M +109,748 +70%
JHIU
15
Janus Henderson Investors US
Colorado
$11.3M +$1.33M +31,500 +13%
HFS
16
HL Financial Services
Kentucky
$9.97M -$138K -3,275 -1%
Renaissance Technologies
17
Renaissance Technologies
New York
$9.37M +$642K +15,250 +7%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$8.79M +$239K +5,667 +3%
TCIM
19
TIAA CREF Investment Management
New York
$7.91M -$149K -3,535 -2%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$7.83M +$112K +2,657 +1%
HIC
21
Harvey Investment Company
Kentucky
$6.61M
Northern Trust
22
Northern Trust
Illinois
$6.58M +$223K +5,303 +4%
California State Teachers Retirement System (CalSTRS)
23
California State Teachers Retirement System (CalSTRS)
California
$6.21M +$787K +18,680 +15%
SYBT
24
Stock Yards Bank & Trust
Kentucky
$5.28M -$22.6K -537 -0.4%
Brown Advisory
25
Brown Advisory
Maryland
$4.72M +$305K +7,250 +7%

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.