Brown-Forman Class B
BF.B
513 hedge funds and large institutions have $6.73B invested in Brown-Forman Class B in 2018 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 149 increasing their positions, 210 reducing their positions, and 45 closing their positions.
9% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 45
1% less funds holding
Funds holding: 516 → 513 (-3)
1% less capital invested
Capital invested by funds: $6.83B → $6.73B (-$99.5M)
2.02% less ownership
Funds ownership: 44.79% → 42.76% (-2%)
29% less repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 210
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
86% less call options, than puts
Call options by funds: $819K | Put options by funds: $5.94M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$101M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$53.6M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$46.9M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$40.3M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$183M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$145M |
| 3 |
AB
Atlas Brown
Louisville,
Kentucky
|
-$101M |
| 4 |
State Street
Boston,
Massachusetts
|
-$92.6M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$49.9M |
BF.B Hedge Fund Activity: Q3 2018 in Review
513 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q3 2018, worth a combined $6.73B — down 1.5% from $6.83B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new BF.B positions and 45 closed out — a net gain of 4 holders — while 149 added to existing stakes and 210 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $101M. The largest seller was BlackRock, cutting an estimated $183M.
- 513 institutional investors held Brown-Forman Class B (BF.B) as of Q3 2018, down from 516 in Q2 2018.
- Funds reported $6.73B of Brown-Forman Class B stock for Q3 2018, down 1.5% quarter-over-quarter.
- 49 funds opened new Brown-Forman Class B positions in Q3 2018 and 45 closed out, a net change of +4 holders.
- The largest Brown-Forman Class B buyer in Q3 2018 was Millennium Management, an estimated $101M added.
- The largest Brown-Forman Class B seller in Q3 2018 was BlackRock, an estimated $183M sold.
Based on aggregated 13F filings for Q3 2018.