Brown-Forman Class A
BF.A
167 hedge funds and large institutions have $1.05B invested in Brown-Forman Class A in 2020 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 49 increasing their positions, 47 reducing their positions, and 23 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 47
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.12% less ownership
Funds ownership: 12.22% → 12.1% (-0.12%)
4% less funds holding
Funds holding: 174 → 167 (-7)
17% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 23
19% less capital invested
Capital invested by funds: $1.3B → $1.05B (-$246M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
+$4.52M |
| 2 |
BlackRock
New York
|
+$1.98M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.51M |
| 4 |
Goldman Sachs
New York
|
+$1.35M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$6.46M |
| 2 |
GF
Gabelli Funds
Rye,
New York
|
-$3.57M |
| 3 |
GRQ
Gardner Russo & Quinn
Lancaster,
Pennsylvania
|
-$3.29M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$2.16M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$1.88M |
BF.A Hedge Fund Activity: Q1 2020 in Review
167 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q1 2020, worth a combined $1.05B — down 19% from $1.3B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of BF.A and 19 opened new positions — a net loss of 4 holders — while 47 trimmed existing stakes and 49 added.
The largest buyer was Echo Street Capital Management, adding an estimated $4.52M. The largest seller was K2 Principal Fund, exiting entirely with an estimated $6.46M sold.
- 167 institutional investors held Brown-Forman Class A (BF.A) as of Q1 2020, down from 174 in Q4 2019.
- Funds reported $1.05B of Brown-Forman Class A stock for Q1 2020, down 19% quarter-over-quarter.
- 19 funds opened new Brown-Forman Class A positions in Q1 2020 and 23 closed out, a net change of -4 holders.
- The largest Brown-Forman Class A buyer in Q1 2020 was Echo Street Capital Management, an estimated $4.52M added.
- The largest Brown-Forman Class A seller in Q1 2020 was K2 Principal Fund, an estimated $6.46M sold.
Based on aggregated 13F filings for Q1 2020.