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Brown-Forman Class A

150 hedge funds and large institutions have $1.74B invested in Brown-Forman Class A in 2017 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 32 increasing their positions, 40 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

600% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 4

21% more capital invested

Capital invested by funds: $1.44B → $1.74B (+$299M)

19% more funds holding

Funds holding: 126150 (+24)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0.02% less ownership

Funds ownership: 19.08%19.06% (-0.02%)

20% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 40

Holders
150
Holders Change
+24
Holders Change %
+19.05%
% of All Funds
3.4%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
28
Increased
32
Reduced
40
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AB
1
Atlas Brown
Kentucky
$341M
GRQ
2
Gardner Russo & Quinn
Pennsylvania
$291M -$6.92M -144,720 -3%
P
3
Pitcairn
Pennsylvania
$193M -$478 -10 -0%
BP
4
BBR Partners
New York
$171M
LT
5
Lindsell Train
United Kingdom
$105M
GF
6
Gabelli Funds
New York
$104M -$777K -16,250 -0.8%
BlackRock
7
BlackRock
New York
$78.2M +$52.5K +1,098 +0.1%
GI
8
GAMCO Investors
Connecticut
$76.6M -$5.46M -114,151 -7%
MG
9
Markel Group
Virginia
$56.7M
PNC Financial Services Group
10
PNC Financial Services Group
Pennsylvania
$29.2M +$245K +5,124 +1%
New York State Common Retirement Fund
11
New York State Common Retirement Fund
New York
$24.3M
HFS
12
HL Financial Services
Kentucky
$22.9M -$9.47K -198 -0%
State Street
13
State Street
Massachusetts
$16.9M -$550K -11,503 -4%
California Public Employees Retirement System
14
California Public Employees Retirement System
California
$15.4M +$730K +15,260 +6%
Renaissance Technologies
15
Renaissance Technologies
New York
$12.5M -$460K -9,625 -4%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$12.2M +$94.4K +1,974 +0.9%
TCIM
17
TIAA CREF Investment Management
New York
$10.3M -$554K -11,573 -6%
GT
18
Glenview Trust
Kentucky
$8.54M +$622 +13 +0%
Northern Trust
19
Northern Trust
Illinois
$8.39M +$72.5K +1,516 +1%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$7.7M -$272K -5,678 -4%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$7.58M +$344K +7,184 +5%
HIC
22
Harvey Investment Company
Kentucky
$7.48M
JFL
23
Jarislowsky, Fraser Ltd
Quebec, Canada
$7.15M -$252K -5,272 -4%
Brown Advisory
24
Brown Advisory
Maryland
$7.08M
Charles Schwab
25
Charles Schwab
California
$7.05M +$574K +12,000 +10%

BF.A Hedge Fund Activity: Q4 2017 in Review

150 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q4 2017, worth a combined $1.74B — up 21% from $1.44B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new BF.A positions and 4 closed out — a net gain of 24 holders — while 32 added to existing stakes and 40 trimmed.

The largest buyer was Meag Munich Ergo, opening a new position worth an estimated $3.42M. The largest seller was Gardner Russo & Quinn, cutting an estimated $6.92M.

  • 150 institutional investors held Brown-Forman Class A (BF.A) as of Q4 2017, up from 126 in Q3 2017.
  • Funds reported $1.74B of Brown-Forman Class A stock for Q4 2017, up 21% quarter-over-quarter.
  • 28 funds opened new Brown-Forman Class A positions in Q4 2017 and 4 closed out, a net change of +24 holders.
  • The largest Brown-Forman Class A buyer in Q4 2017 was Meag Munich Ergo, an estimated $3.42M added.
  • The largest Brown-Forman Class A seller in Q4 2017 was Gardner Russo & Quinn, an estimated $6.92M sold.

Based on aggregated 13F filings for Q4 2017.