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Brown-Forman Class B

507 hedge funds and large institutions have $6.18B invested in Brown-Forman Class B in 2018 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 160 increasing their positions, 184 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

175% more funds holding in top 10

Funds holding in top 10: 411 (+7)

52% more call options, than puts

Call options by funds: $945K | Put options by funds: $623K

0.11% less ownership

Funds ownership: 42.76%42.65% (-0.11%)

1% less funds holding

Funds holding: 512507 (-5)

5% less first-time investments, than exits

New positions opened: 54 | Existing positions closed: 57

8% less capital invested

Capital invested by funds: $6.73B → $6.18B (-$549M)

13% less repeat investments, than reductions

Existing positions increased: 160 | Existing positions reduced: 184

Holders
507
Holders Change
-5
Holders Change %
-0.98%
% of All Funds
11.3%
Holding in Top 10
11
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+175%
% of All Funds
0.25%
New
54
Increased
160
Reduced
184
Closed
57
Calls
$945K
Puts
$623K
Net Calls
+$322K
Net Calls Change
+$5.45M
Name Holding Trade Value Shares
Change
Change in
Stake
IC
276
Inverness Counsel
New York
$747K -$9.35M -196,665 -93%
II
277
IFM Investors
Australia
$743K +$84K +1,767 +13%
WSTAM
278
Wilbanks Smith & Thomas Asset Management
Virginia
$738K +$70.1K +1,475 +11%
LJAC
279
L.J. Altfest & Co
New York
$709K
ATC
280
Argent Trust Co
Tennessee
$708K -$6.51K -137 -0.9%
CWM
281
Centric Wealth Management
Illinois
$698K +$697K +14,669 New
EMG
282
Ellington Management Group
Connecticut
$695K +$694K +14,600 New
NMERB
283
New Mexico Educational Retirement Board
New Mexico
$683K -$428K -9,000 -39%
Nordea Investment Management
284
Nordea Investment Management
Sweden
$678K -$68.5K -1,441 -9%
DC
285
Davenport & Co
Virginia
$667K +$11.6K +244 +2%
FAAS
286
First Allied Advisory Services
California
$665K +$126K +2,649 +23%
Robeco Institutional Asset Management
287
Robeco Institutional Asset Management
Netherlands
$655K -$68.9K -1,450 -10%
HCM
288
Howland Capital Management
Massachusetts
$595K
CGH
289
Crossmark Global Holdings
Texas
$585K -$201K -4,229 -26%
SPC
290
Sigma Planning Corp
Michigan
$585K +$143 +3 +0%
AG
291
Advisor Group
Arizona
$583K +$238K +5,015 +69%
IBOK
292
Independence Bank of Kentucky
Kentucky
$578K +$216K +4,538 +60%
PFO
293
Pathstone Family Office
New Jersey
$566K
EAM
294
EULAV Asset Management
Florida
$564K -$1.97M -41,400 -78%
AIL
295
AGF Investments LLC
Ontario, Canada
$561K -$678K -14,270 -55%
UCFA
296
United Capital Financial Advisors
Texas
$560K -$7.65K -161 -1%
AI
297
Atria Investments
North Carolina
$541K +$274K +5,760 +103%
SB
298
Suntrust Banks
Georgia
$538K -$8.36K -176 -2%
SPIA
299
Steward Partners Investment Advisory
New York
$534K +$29K +611 +6%
BDWM
300
Brewin Dolphin Wealth Management
Ireland
$523K

BF.B Hedge Fund Activity: Q4 2018 in Review

507 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2018, worth a combined $6.18B — down 8.2% from $6.73B a quarter earlier.

Sellers outnumbered buyers: 57 funds closed out of BF.B and 54 opened new positions — a net loss of 3 holders — while 184 trimmed existing stakes and 160 added.

The largest buyer was Brown Brothers Harriman & Co, adding an estimated $103M. The largest seller was Millennium Management, cutting an estimated $61.9M.

  • 507 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2018, down from 512 in Q3 2018.
  • Funds reported $6.18B of Brown-Forman Class B stock for Q4 2018, down 8.2% quarter-over-quarter.
  • 54 funds opened new Brown-Forman Class B positions in Q4 2018 and 57 closed out, a net change of -3 holders.
  • The largest Brown-Forman Class B buyer in Q4 2018 was Brown Brothers Harriman & Co, an estimated $103M added.
  • The largest Brown-Forman Class B seller in Q4 2018 was Millennium Management, an estimated $61.9M sold.

Based on aggregated 13F filings for Q4 2018.