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Brown-Forman Class A

152 hedge funds and large institutions have $1.04B invested in Brown-Forman Class A in 2019 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 47 increasing their positions, 42 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 6

12% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 42

7% more capital invested

Capital invested by funds: $973M → $1.04B (+$64.4M)

3% more funds holding

Funds holding: 148152 (+4)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0.15% less ownership

Funds ownership: 12.14%12% (-0.15%)

Holders
152
Holders Change
+4
Holders Change %
+2.7%
% of All Funds
3.29%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
10
Increased
47
Reduced
42
Closed
6
Calls
$240K
Puts
Net Calls
+$240K
Net Calls Change
+$240K
Name Holding Trade Value Shares
Change
Change in
Stake
GRQ
1
Gardner Russo & Quinn
Pennsylvania
$207M -$7.92M -162,935 -4%
P
2
Pitcairn
Pennsylvania
$147M +$1.36K +28 +0%
LT
3
Lindsell Train
United Kingdom
$107M +$7.73M +159,222 +8%
BP
4
BBR Partners
New York
$85.5M
GF
5
Gabelli Funds
New York
$78.6M
BlackRock
6
BlackRock
New York
$60.8M +$1.34M +27,524 +2%
GI
7
GAMCO Investors
Connecticut
$43.8M -$2.23M -45,932 -5%
MG
8
Markel Group
Virginia
$43.1M
New York State Common Retirement Fund
9
New York State Common Retirement Fund
New York
$28.1M -$2.63M -54,168 -9%
PNC Financial Services Group
10
PNC Financial Services Group
Pennsylvania
$23M -$53.2K -1,096 -0.2%
HFS
11
HL Financial Services
Kentucky
$18.8M +$3.22M +66,364 +22%
Renaissance Technologies
12
Renaissance Technologies
New York
$12.3M +$981K +20,200 +9%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$11.3M +$720K +14,820 +7%
Bessemer Group
14
Bessemer Group
New Jersey
$11M +$63K +1,297 +0.6%
Northern Trust
15
Northern Trust
Illinois
$9.82M +$53.9K +1,110 +0.6%
State Street
16
State Street
Massachusetts
$9.64M -$302K -6,210 -3%
GT
17
Glenview Trust
Kentucky
$9.04M -$23.3K -480 -0.3%
California Public Employees Retirement System
18
California Public Employees Retirement System
California
$7.51M +$147K +3,036 +2%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$7.01M +$492K +10,135 +8%
TCIM
20
TIAA CREF Investment Management
New York
$6.92M +$600K +12,343 +10%
Charles Schwab
21
Charles Schwab
California
$6.27M +$259K +5,341 +5%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$5.55M -$21K -432 -0.4%
Brown Advisory
23
Brown Advisory
Maryland
$5.26M +$94.7K +1,950 +2%
HIC
24
Harvey Investment Company
Kentucky
$5.15M +$65.6K +1,350 +1%
California State Teachers Retirement System (CalSTRS)
25
California State Teachers Retirement System (CalSTRS)
California
$4.16M +$15.2K +312 +0.4%

BF.A Hedge Fund Activity: Q1 2019 in Review

152 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q1 2019, worth a combined $1.04B — up 6.6% from $973M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new BF.A positions and 6 closed out — a net gain of 4 holders — while 47 added to existing stakes and 42 trimmed.

The largest buyer was Lindsell Train, adding an estimated $7.73M. The largest seller was UBS AM, cutting an estimated $10.5M.

  • 152 institutional investors held Brown-Forman Class A (BF.A) as of Q1 2019, up from 148 in Q4 2018.
  • Funds reported $1.04B of Brown-Forman Class A stock for Q1 2019, up 6.6% quarter-over-quarter.
  • 10 funds opened new Brown-Forman Class A positions in Q1 2019 and 6 closed out, a net change of +4 holders.
  • The largest Brown-Forman Class A buyer in Q1 2019 was Lindsell Train, an estimated $7.73M added.
  • The largest Brown-Forman Class A seller in Q1 2019 was UBS AM, an estimated $10.5M sold.

Based on aggregated 13F filings for Q1 2019.