Brown-Forman Class A
BF.A
164 hedge funds and large institutions have $1.23B invested in Brown-Forman Class A in 2019 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 45 increasing their positions, 38 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
18% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 38
4% more funds holding
Funds holding: 157 → 164 (+7)
4.26% less ownership
Funds ownership: 16.45% → 12.19% (-4.3%)
20% less capital invested
Capital invested by funds: $1.53B → $1.23B (-$299M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
+$8.78M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
+$4.41M |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$3.53M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.43M |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$419M |
| 2 |
BlackRock
New York
|
-$8.2M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$5.01M |
| 4 |
GRQ
Gardner Russo & Quinn
Lancaster,
Pennsylvania
|
-$3.57M |
| 5 |
Bank of New York Mellon
New York
|
-$2.34M |
BF.A Hedge Fund Activity: Q3 2019 in Review
164 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q3 2019, worth a combined $1.23B — down 20% from $1.53B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BF.A positions and 9 closed out — a net gain of 7 holders — while 45 added to existing stakes and 38 trimmed.
The largest buyer was Echo Street Capital Management, adding an estimated $8.78M. The largest seller was Baird Financial Group, cutting an estimated $419M.
- 164 institutional investors held Brown-Forman Class A (BF.A) as of Q3 2019, up from 157 in Q2 2019.
- Funds reported $1.23B of Brown-Forman Class A stock for Q3 2019, down 20% quarter-over-quarter.
- 16 funds opened new Brown-Forman Class A positions in Q3 2019 and 9 closed out, a net change of +7 holders.
- The largest Brown-Forman Class A buyer in Q3 2019 was Echo Street Capital Management, an estimated $8.78M added.
- The largest Brown-Forman Class A seller in Q3 2019 was Baird Financial Group, an estimated $419M sold.
Based on aggregated 13F filings for Q3 2019.