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Brown-Forman Class A

181 hedge funds and large institutions have $1.17B invested in Brown-Forman Class A in 2020 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 46 increasing their positions, 51 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

127% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 11

11% more capital invested

Capital invested by funds: $1.05B → $1.17B (+$120M)

8% more funds holding

Funds holding: 167181 (+14)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0.07% less ownership

Funds ownership: 12.1%12.03% (-0.07%)

10% less repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 51

Holders
181
Holders Change
+14
Holders Change %
+8.38%
% of All Funds
3.71%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
25
Increased
46
Reduced
51
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GRQ
1
Gardner Russo & Quinn
Pennsylvania
$198M -$13.9M -238,040 -6%
P
2
Pitcairn
Pennsylvania
$165M -$175 -3 -0%
LT
3
Lindsell Train
United Kingdom
$153M +$9.55M +163,700 +7%
BP
4
BBR Partners
New York
$105M
GF
5
Gabelli Funds
New York
$78.5M -$5.21M -89,250 -6%
BlackRock
6
BlackRock
New York
$64.1M -$2.41M -41,261 -4%
MG
7
Markel Group
Virginia
$48.5M
GI
8
GAMCO Investors
Connecticut
$27.6M -$12.4M -212,998 -31%
PNC Financial Services Group
9
PNC Financial Services Group
Pennsylvania
$25.7M +$20.9K +358 +0.1%
New York State Common Retirement Fund
10
New York State Common Retirement Fund
New York
$20.2M -$368K -6,300 -2%
ESCM
11
Echo Street Capital Management
New York
$19.1M +$241K +4,136 +1%
Renaissance Technologies
12
Renaissance Technologies
New York
$14.9M -$503K -8,629 -3%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$13.7M +$716K +12,269 +5%
Bessemer Group
14
Bessemer Group
New Jersey
$13.6M
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$12.3M -$111K -1,894 -0.9%
Baird Financial Group
16
Baird Financial Group
Wisconsin
$12.2M -$646K -11,065 -5%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$10.4M +$3.27M +56,121 +45%
State Street
18
State Street
Massachusetts
$10.1M +$1.32M +22,567 +15%
GT
19
Glenview Trust
Kentucky
$10.1M -$108K -1,848 -1%
Northern Trust
20
Northern Trust
Illinois
$10.1M -$199K -3,405 -2%
N
21
Nuveen
North Carolina
$9.54M -$379K -6,492 -4%
PPA
22
Parametric Portfolio Associates
Washington
$8M +$846K +14,507 +12%
Charles Schwab
23
Charles Schwab
California
$6.87M -$29.9K -513 -0.4%
Brown Advisory
24
Brown Advisory
Maryland
$6.36M +$291K +4,993 +5%
HIC
25
Harvey Investment Company
Kentucky
$6M

BF.A Hedge Fund Activity: Q2 2020 in Review

181 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q2 2020, worth a combined $1.17B — up 11% from $1.05B a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new BF.A positions and 11 closed out — a net gain of 14 holders — while 46 added to existing stakes and 51 trimmed.

The largest buyer was Lindsell Train, adding an estimated $9.55M. The largest seller was Gardner Russo & Quinn, cutting an estimated $13.9M.

  • 181 institutional investors held Brown-Forman Class A (BF.A) as of Q2 2020, up from 167 in Q1 2020.
  • Funds reported $1.17B of Brown-Forman Class A stock for Q2 2020, up 11% quarter-over-quarter.
  • 25 funds opened new Brown-Forman Class A positions in Q2 2020 and 11 closed out, a net change of +14 holders.
  • The largest Brown-Forman Class A buyer in Q2 2020 was Lindsell Train, an estimated $9.55M added.
  • The largest Brown-Forman Class A seller in Q2 2020 was Gardner Russo & Quinn, an estimated $13.9M sold.

Based on aggregated 13F filings for Q2 2020.