Brown-Forman Class A
BF.A
125 hedge funds and large institutions have $1.15B invested in Brown-Forman Class A in 2016 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 38 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
1% more funds holding
Funds holding: 124 → 125 (+1)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.95% less ownership
Funds ownership: 19.3% → 18.35% (-0.95%)
11% less capital invested
Capital invested by funds: $1.29B → $1.15B (-$136M)
18% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$5.28M |
| 2 |
LT
Lindsell Train
London,
United Kingdom
|
+$2.2M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.24M |
| 4 |
Goldman Sachs
New York
|
+$973K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$574K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$38.2M |
| 2 |
BP
BBR Partners
New York
|
-$26.9M |
| 3 |
Bank of New York Mellon
New York
|
-$4.43M |
| 4 |
GRQ
Gardner Russo & Quinn
Lancaster,
Pennsylvania
|
-$4.29M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$2.47M |
BF.A Hedge Fund Activity: Q4 2016 in Review
125 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q4 2016, worth a combined $1.15B — down 11% from $1.29B 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 38 trimmed.
The largest buyer was Jarislowsky, Fraser Ltd, opening a new position worth an estimated $5.28M. The largest seller was PNC Financial Services Group, cutting an estimated $38.2M.
- 125 institutional investors held Brown-Forman Class A (BF.A) as of Q4 2016, up from 124 in Q3 2016.
- Funds reported $1.15B of Brown-Forman Class A stock for Q4 2016, down 11% quarter-over-quarter.
- 12 funds opened new Brown-Forman Class A positions in Q4 2016 and 8 closed out, a net change of +4 holders.
- The largest Brown-Forman Class A buyer in Q4 2016 was Jarislowsky, Fraser Ltd, an estimated $5.28M added.
- The largest Brown-Forman Class A seller in Q4 2016 was PNC Financial Services Group, an estimated $38.2M sold.
Based on aggregated 13F filings for Q4 2016.