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Brown-Forman Class A

174 hedge funds and large institutions have $1.3B invested in Brown-Forman Class A in 2019 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 57 increasing their positions, 36 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

260% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 5

58% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 36

7% more funds holding

Funds holding: 163174 (+11)

5% more capital invested

Capital invested by funds: $1.23B → $1.3B (+$66.4M)

0.03% more ownership

Funds ownership: 12.19%12.22% (+0.03%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

Holders
174
Holders Change
+11
Holders Change %
+6.75%
% of All Funds
3.43%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
18
Increased
57
Reduced
36
Closed
5
Calls
$383K
Puts
Net Calls
+$383K
Net Calls Change
-$334K
Name Holding Trade Value Shares
Change
Change in
Stake
GRQ
1
Gardner Russo & Quinn
Pennsylvania
$235M -$8.75M -142,537 -4%
P
2
Pitcairn
Pennsylvania
$180M
LT
3
Lindsell Train
United Kingdom
$156M +$9.95M +162,126 +7%
BP
4
BBR Partners
New York
$114M
GF
5
Gabelli Funds
New York
$95M -$1.12M -18,300 -1%
BlackRock
6
BlackRock
New York
$70.4M +$2.68M +43,624 +4%
MG
7
Markel Group
Virginia
$52.9M
GI
8
GAMCO Investors
Connecticut
$44.2M -$282K -4,600 -0.6%
PNC Financial Services Group
9
PNC Financial Services Group
Pennsylvania
$28M +$44.3K +721 +0.2%
New York State Common Retirement Fund
10
New York State Common Retirement Fund
New York
$22.4M -$6.57M -106,940 -23%
Renaissance Technologies
11
Renaissance Technologies
New York
$16M +$522K +8,500 +3%
ESCM
12
Echo Street Capital Management
New York
$15.9M +$927K +15,101 +6%
Bessemer Group
13
Bessemer Group
New Jersey
$14.8M
Baird Financial Group
14
Baird Financial Group
Wisconsin
$14.1M -$3.02M -49,160 -18%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$13.9M -$35.2K -574 -0.3%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$13.2M +$825K +13,431 +7%
GT
17
Glenview Trust
Kentucky
$11.2M +$63K +1,026 +0.6%
Northern Trust
18
Northern Trust
Illinois
$10.9M +$54K +880 +0.5%
N
19
Nuveen
North Carolina
$10.6M -$1.11M -18,053 -10%
State Street
20
State Street
Massachusetts
$10.1M -$816K -13,296 -8%
California Public Employees Retirement System
21
California Public Employees Retirement System
California
$8.39M -$1.12M -18,307 -12%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$7.69M +$149K +2,426 +2%
Charles Schwab
23
Charles Schwab
California
$7.31M +$66.9K +1,090 +0.9%
PPA
24
Parametric Portfolio Associates
Washington
$6.64M +$63.4K +1,032 +1%
Brown Advisory
25
Brown Advisory
Maryland
$6.63M

BF.A Hedge Fund Activity: Q4 2019 in Review

174 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q4 2019, worth a combined $1.3B — up 5.4% from $1.23B a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new BF.A positions and 5 closed out — a net gain of 13 holders — while 57 added to existing stakes and 36 trimmed.

The largest buyer was Lindsell Train, adding an estimated $9.95M. The largest seller was Gardner Russo & Quinn, cutting an estimated $8.75M.

  • 174 institutional investors held Brown-Forman Class A (BF.A) as of Q4 2019, up from 163 in Q3 2019.
  • Funds reported $1.3B of Brown-Forman Class A stock for Q4 2019, up 5.4% quarter-over-quarter.
  • 18 funds opened new Brown-Forman Class A positions in Q4 2019 and 5 closed out, a net change of +13 holders.
  • The largest Brown-Forman Class A buyer in Q4 2019 was Lindsell Train, an estimated $9.95M added.
  • The largest Brown-Forman Class A seller in Q4 2019 was Gardner Russo & Quinn, an estimated $8.75M sold.

Based on aggregated 13F filings for Q4 2019.