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Brown-Forman Class A

154 hedge funds and large institutions have $1.2B invested in Brown-Forman Class A in 2018 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 42 increasing their positions, 46 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 13

3% more funds holding

Funds holding: 149154 (+5)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0.83% less ownership

Funds ownership: 15.27%14.44% (-0.83%)

9% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 46

13% less capital invested

Capital invested by funds: $1.38B → $1.2B (-$175M)

Holders
154
Holders Change
+5
Holders Change %
+3.36%
% of All Funds
3.53%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
18
Increased
42
Reduced
46
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GRQ
1
Gardner Russo & Quinn
Pennsylvania
$210M -$563K -10,620 -0.2%
AB
2
Atlas Brown
Kentucky
$173M -$87.8M -1,656,828 -33%
P
3
Pitcairn
Pennsylvania
$140M
BP
4
BBR Partners
New York
$129M +$5.35M +101,000 +4%
LT
5
Lindsell Train
United Kingdom
$75.7M -$436K -8,230 -0.5%
GF
6
Gabelli Funds
New York
$75.1M -$265K -5,000 -0.3%
BlackRock
7
BlackRock
New York
$62.6M +$2.84M +53,539 +4%
GI
8
GAMCO Investors
Connecticut
$49M -$1.96M -37,016 -4%
MG
9
Markel Group
Virginia
$41.2M
PNC Financial Services Group
10
PNC Financial Services Group
Pennsylvania
$21.5M +$291K +5,489 +1%
HFS
11
HL Financial Services
Kentucky
$16.7M +$27.8K +524 +0.2%
New York State Common Retirement Fund
12
New York State Common Retirement Fund
New York
$16.4M -$848K -16,000 -5%
Renaissance Technologies
13
Renaissance Technologies
New York
$10.7M +$1.7M +32,000 +17%
Janus Henderson Group
14
Janus Henderson Group
United Kingdom
$10.5M +$8.74M +164,876 +329%
State Street
15
State Street
Massachusetts
$10.1M -$1.03M -19,518 -9%
Northern Trust
16
Northern Trust
Illinois
$9.06M +$3.39M +64,018 +53%
California Public Employees Retirement System
17
California Public Employees Retirement System
California
$8.91M -$1.97M -37,108 -17%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$8.78M -$95.9K -1,808 -1%
GT
19
Glenview Trust
Kentucky
$8.69M
TCIM
20
TIAA CREF Investment Management
New York
$6.14M -$2.12M -39,924 -24%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$5.54M -$220K -4,145 -4%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$5.45M -$156K -2,940 -3%
Charles Schwab
23
Charles Schwab
California
$5M +$601K +11,342 +12%
California State Teachers Retirement System (CalSTRS)
24
California State Teachers Retirement System (CalSTRS)
California
$4.89M -$189K -3,567 -3%
HIC
25
Harvey Investment Company
Kentucky
$4.85M -$638K -12,040 -11%

BF.A Hedge Fund Activity: Q2 2018 in Review

154 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q2 2018, worth a combined $1.2B — down 13% from $1.38B a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new BF.A positions and 13 closed out — a net gain of 5 holders — while 42 added to existing stakes and 46 trimmed.

The largest buyer was Janus Henderson Group, adding an estimated $8.74M. The largest seller was Atlas Brown, cutting an estimated $87.8M.

  • 154 institutional investors held Brown-Forman Class A (BF.A) as of Q2 2018, up from 149 in Q1 2018.
  • Funds reported $1.2B of Brown-Forman Class A stock for Q2 2018, down 13% quarter-over-quarter.
  • 18 funds opened new Brown-Forman Class A positions in Q2 2018 and 13 closed out, a net change of +5 holders.
  • The largest Brown-Forman Class A buyer in Q2 2018 was Janus Henderson Group, an estimated $8.74M added.
  • The largest Brown-Forman Class A seller in Q2 2018 was Atlas Brown, an estimated $87.8M sold.

Based on aggregated 13F filings for Q2 2018.