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Brown-Forman Class 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.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

1% less funds holding

Funds holding: 125124 (-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%)

Holders
124
Holders Change
-1
Holders Change %
-0.8%
% of All Funds
3.31%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
7
Increased
32
Reduced
35
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BP
1
BBR Partners
New York
$256M
GRQ
2
Gardner Russo & Quinn
Pennsylvania
$235M -$4.44M -107,520 -2%
P
3
Pitcairn
Pennsylvania
$143M -$83 -2 -0%
PNC Financial Services Group
4
PNC Financial Services Group
Pennsylvania
$88.3M -$128K -3,087 -0.1%
AB
5
Atlas Brown
Kentucky
$83.2M
GF
6
Gabelli Funds
New York
$80M -$2.23M -53,978 -3%
GI
7
GAMCO Investors
Connecticut
$69.3M -$2.62M -63,354 -4%
LT
8
Lindsell Train
United Kingdom
$62.4M
MG
9
Markel Group
Virginia
$41.9M
BFA
10
BlackRock Fund Advisors
California
$25.7M +$441K +10,673 +2%
BIT
11
BlackRock Institutional Trust
California
$21.5M +$138K +3,341 +0.6%
New York State Common Retirement Fund
12
New York State Common Retirement Fund
New York
$14.2M -$362K -8,750 -2%
State Street
13
State Street
Massachusetts
$12.7M -$323K -7,820 -2%
California Public Employees Retirement System
14
California Public Employees Retirement System
California
$11.9M -$1.51M -36,500 -11%
Renaissance Technologies
15
Renaissance Technologies
New York
$10.5M +$971K +23,500 +10%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$9.67M +$884K +21,396 +10%
HFS
17
HL Financial Services
Kentucky
$9.36M -$46.5K -1,125 -0.5%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$7.63M +$232K +5,603 +3%
Northern Trust
19
Northern Trust
Illinois
$6.26M +$159K +3,844 +3%
HIC
20
Harvey Investment Company
Kentucky
$5.84M
California State Teachers Retirement System (CalSTRS)
21
California State Teachers Retirement System (CalSTRS)
California
$5.77M +$46.5K +1,125 +0.8%
Brown Advisory
22
Brown Advisory
Maryland
$5.41M +$1.05M +25,312 +23%
Charles Schwab
23
Charles Schwab
California
$3.94M +$131K +3,165 +3%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$3.85M +$260K +6,282 +7%
Canada Pension Plan Investment Board
25
Canada Pension Plan Investment Board
Ontario, Canada
$3.76M

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.