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Brown-Forman Class A

190 hedge funds and large institutions have $1.41B invested in Brown-Forman Class A in 2020 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 45 increasing their positions, 49 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 16

21% more capital invested

Capital invested by funds: $1.17B → $1.41B (+$244M)

5% more funds holding

Funds holding: 181190 (+9)

0.14% more ownership

Funds ownership: 12.03%12.17% (+0.14%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

8% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 49

Holders
190
Holders Change
+9
Holders Change %
+4.97%
% of All Funds
3.83%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
25
Increased
45
Reduced
49
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GRQ
1
Gardner Russo & Quinn
Pennsylvania
$227M -$9.13M -139,915 -4%
P
2
Pitcairn
Pennsylvania
$197M
LT
3
Lindsell Train
United Kingdom
$185M +$1.96M +30,000 +1%
BP
4
BBR Partners
New York
$166M +$39.1M +600,000 +33%
GF
5
Gabelli Funds
New York
$88.9M -$4.56M -69,874 -5%
BlackRock
6
BlackRock
New York
$74.7M -$1.67M -25,611 -2%
MG
7
Markel Group
Virginia
$57.9M
New York State Common Retirement Fund
8
New York State Common Retirement Fund
New York
$39.5M +$14.7M +224,628 +64%
PNC Financial Services Group
9
PNC Financial Services Group
Pennsylvania
$31.2M +$554K +8,492 +2%
GI
10
GAMCO Investors
Connecticut
$30.1M -$2.71M -41,594 -9%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$16.7M +$388K +5,949 +3%
Bessemer Group
12
Bessemer Group
New Jersey
$16.3M
Renaissance Technologies
13
Renaissance Technologies
New York
$14.9M -$2.73M -41,900 -16%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$14.8M +$93.6K +1,435 +0.7%
Baird Financial Group
15
Baird Financial Group
Wisconsin
$14.6M -$783 -12 -0%
GT
16
Glenview Trust
Kentucky
$12M +$21K +322 +0.2%
Northern Trust
17
Northern Trust
Illinois
$12M +$6.07K +93 +0.1%
N
18
Nuveen
North Carolina
$10.8M -$548K -8,394 -5%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$10.5M -$1.79M -27,505 -15%
State Street
20
State Street
Massachusetts
$10.1M -$1.88M -28,766 -16%
PPA
21
Parametric Portfolio Associates
Washington
$9.45M -$92.1K -1,412 -1%
Charles Schwab
22
Charles Schwab
California
$7.74M -$434K -6,649 -6%
Brown Advisory
23
Brown Advisory
Maryland
$7.29M -$282K -4,318 -4%
HIC
24
Harvey Investment Company
Kentucky
$7.16M
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$7.13M +$71.5K +1,096 +1%

BF.A Hedge Fund Activity: Q3 2020 in Review

190 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q3 2020, worth a combined $1.41B — up 21% from $1.17B a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new BF.A positions and 16 closed out — a net gain of 9 holders — while 45 added to existing stakes and 49 trimmed.

The largest buyer was BBR Partners, adding an estimated $39.1M. The largest seller was Echo Street Capital Management, cutting an estimated $20.6M.

  • 190 institutional investors held Brown-Forman Class A (BF.A) as of Q3 2020, up from 181 in Q2 2020.
  • Funds reported $1.41B of Brown-Forman Class A stock for Q3 2020, up 21% quarter-over-quarter.
  • 25 funds opened new Brown-Forman Class A positions in Q3 2020 and 16 closed out, a net change of +9 holders.
  • The largest Brown-Forman Class A buyer in Q3 2020 was BBR Partners, an estimated $39.1M added.
  • The largest Brown-Forman Class A seller in Q3 2020 was Echo Street Capital Management, an estimated $20.6M sold.

Based on aggregated 13F filings for Q3 2020.