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Brown-Forman Class A

125 hedge funds and large institutions have $1.02B invested in Brown-Forman Class A in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 41 increasing their positions, 29 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 4

41% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 29

7% more capital invested

Capital invested by funds: $959M → $1.02B (+$62.4M)

4% more funds holding

Funds holding: 120125 (+5)

0.26% more ownership

Funds ownership: 15.07%15.33% (+0.26%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

Holders
125
Holders Change
+5
Holders Change %
+4.17%
% of All Funds
3.12%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
9
Increased
41
Reduced
29
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GRQ
1
Gardner Russo & Quinn
Pennsylvania
$222M -$2.35M -58,857 -1%
P
2
Pitcairn
Pennsylvania
$141M
BP
3
BBR Partners
New York
$125M +$14.7M +367,292 +13%
GF
4
Gabelli Funds
New York
$77.2M -$500K -12,500 -0.6%
LT
5
Lindsell Train
United Kingdom
$68.6M +$533K +13,331 +0.8%
GI
6
GAMCO Investors
Connecticut
$61.3M -$3.39M -84,938 -5%
BlackRock
7
BlackRock
New York
$56.8M +$4.95M +123,930 +9%
MG
8
Markel Group
Virginia
$41.6M
PNC Financial Services Group
9
PNC Financial Services Group
Pennsylvania
$21.2M +$631K +15,778 +3%
HFS
10
HL Financial Services
Kentucky
$17M +$43.5K +1,089 +0.3%
State Street
11
State Street
Massachusetts
$14.4M +$1.1M +27,516 +8%
New York State Common Retirement Fund
12
New York State Common Retirement Fund
New York
$14.4M +$93.3K +2,335 +0.6%
California Public Employees Retirement System
13
California Public Employees Retirement System
California
$10.9M -$270K -6,750 -2%
Renaissance Technologies
14
Renaissance Technologies
New York
$10.8M -$520K -13,000 -5%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$8.5M +$662K +16,570 +8%
TCIM
16
TIAA CREF Investment Management
New York
$7.26M -$200K -5,010 -3%
GT
17
Glenview Trust
Kentucky
$6.17M -$73.9K -1,850 -1%
Northern Trust
18
Northern Trust
Illinois
$6.15M -$17.2K -430 -0.3%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$5.57M +$472K +11,819 +9%
HIC
20
Harvey Investment Company
Kentucky
$5.54M -$255K -6,375 -4%
JFL
21
Jarislowsky, Fraser Ltd
Quebec, Canada
$5.45M
Brown Advisory
22
Brown Advisory
Maryland
$5.35M
California State Teachers Retirement System (CalSTRS)
23
California State Teachers Retirement System (CalSTRS)
California
$4.79M -$551K -13,794 -10%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$4.67M +$93.8K +2,348 +2%
Canada Pension Plan Investment Board
25
Canada Pension Plan Investment Board
Ontario, Canada
$4.6M +$5K +125 +0.1%

BF.A Hedge Fund Activity: Q2 2017 in Review

125 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q2 2017, worth a combined $1.02B — up 6.5% from $959M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new BF.A positions and 4 closed out — a net gain of 5 holders — while 41 added to existing stakes and 29 trimmed.

The largest buyer was BBR Partners, adding an estimated $14.7M. The largest seller was GAMCO Investors, cutting an estimated $3.39M.

  • 125 institutional investors held Brown-Forman Class A (BF.A) as of Q2 2017, up from 120 in Q1 2017.
  • Funds reported $1.02B of Brown-Forman Class A stock for Q2 2017, up 6.5% quarter-over-quarter.
  • 9 funds opened new Brown-Forman Class A positions in Q2 2017 and 4 closed out, a net change of +5 holders.
  • The largest Brown-Forman Class A buyer in Q2 2017 was BBR Partners, an estimated $14.7M added.
  • The largest Brown-Forman Class A seller in Q2 2017 was GAMCO Investors, an estimated $3.39M sold.

Based on aggregated 13F filings for Q2 2017.