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Brown-Forman Class A

149 hedge funds and large institutions have $1.38B invested in Brown-Forman Class A in 2018 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 10 increasing their positions, 127 reducing their positions, and 13 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: 150149 (-1)

8% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 13

3.79% less ownership

Funds ownership: 19.06%15.27% (-3.8%)

21% less capital invested

Capital invested by funds: $1.74B → $1.38B (-$360M)

92% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 127

Holders
149
Holders Change
-1
Holders Change %
-0.67%
% of All Funds
3.42%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
12
Increased
10
Reduced
127
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AB
1
Atlas Brown
Kentucky
$269M -$67.3M -1,259,527 -20%
GRQ
2
Gardner Russo & Quinn
Pennsylvania
$230M -$58.1M -1,088,690 -20%
P
3
Pitcairn
Pennsylvania
$153M -$38.3M -716,270 -20%
BP
4
BBR Partners
New York
$136M -$34M -635,943 -20%
LT
5
Lindsell Train
United Kingdom
$83M -$20.8M -389,309 -20%
GF
6
Gabelli Funds
New York
$82.2M -$21M -392,900 -20%
BlackRock
7
BlackRock
New York
$65.4M -$12.2M -227,649 -16%
GI
8
GAMCO Investors
Connecticut
$55.4M -$20.6M -385,089 -27%
MG
9
Markel Group
Virginia
$45M -$11.3M -210,750 -20%
PNC Financial Services Group
10
PNC Financial Services Group
Pennsylvania
$23.1M -$5.84M -109,428 -20%
New York State Common Retirement Fund
11
New York State Common Retirement Fund
New York
$18.7M -$5.37M -100,556 -22%
HFS
12
HL Financial Services
Kentucky
$17.6M -$4.57M -85,527 -20%
State Street
13
State Street
Massachusetts
$12.1M -$4.64M -86,953 -28%
California Public Employees Retirement System
14
California Public Employees Retirement System
California
$11.7M -$3.61M -67,548 -24%
Renaissance Technologies
15
Renaissance Technologies
New York
$9.95M -$2.47M -46,275 -20%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$9.68M -$2.43M -45,586 -20%
GT
17
Glenview Trust
Kentucky
$9.48M +$1.02M +19,110 +12%
TCIM
18
TIAA CREF Investment Management
New York
$8.83M -$1.42M -26,575 -14%
Northern Trust
19
Northern Trust
Illinois
$6.48M -$1.84M -34,457 -22%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$6.27M -$1.25M -23,381 -17%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$6.11M -$1.53M -28,705 -20%
HIC
22
Harvey Investment Company
Kentucky
$5.93M -$1.49M -27,816 -20%
California State Teachers Retirement System (CalSTRS)
23
California State Teachers Retirement System (CalSTRS)
California
$5.53M -$226K -4,233 -4%
JFL
24
Jarislowsky, Fraser Ltd
Quebec, Canada
$5.47M -$1.62M -30,281 -23%
EVM
25
Eaton Vance Management
Massachusetts
$5.04M +$2.42M +45,251 +92%

BF.A Hedge Fund Activity: Q1 2018 in Review

149 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q1 2018, worth a combined $1.38B — down 21% from $1.74B a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of BF.A and 12 opened new positions — a net loss of 1 holder — while 127 trimmed existing stakes and 10 added.

The largest buyer was Janus Henderson Group, opening a new position worth an estimated $2.68M. The largest seller was Atlas Brown, cutting an estimated $67.3M.

  • 149 institutional investors held Brown-Forman Class A (BF.A) as of Q1 2018, down from 150 in Q4 2017.
  • Funds reported $1.38B of Brown-Forman Class A stock for Q1 2018, down 21% quarter-over-quarter.
  • 12 funds opened new Brown-Forman Class A positions in Q1 2018 and 13 closed out, a net change of -1 holder.
  • The largest Brown-Forman Class A buyer in Q1 2018 was Janus Henderson Group, an estimated $2.68M added.
  • The largest Brown-Forman Class A seller in Q1 2018 was Atlas Brown, an estimated $67.3M sold.

Based on aggregated 13F filings for Q1 2018.