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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
SIM
301
Sentry Investment Management
Wisconsin
$521K -$13.7K -288 -3%
CL
302
CPWM LLC
Washington
$508K +$8.03K +169 +2%
TMAM
303
Tokio Marine Asset Management
Japan
$507K -$7.51K -158 -1%
Luther King Capital Management (LKCM)
304
Luther King Capital Management (LKCM)
Texas
$507K
ERSOT
305
Employees Retirement System of Texas
Texas
$500K
Macquarie Group
306
Macquarie Group
Australia
$496K -$34.9K -734 -7%
TEE
307
Tibra Equities Europe
United Kingdom
$490K -$10.8M -227,867 -96%
Assenagon Asset Management
308
Assenagon Asset Management
Luxembourg
$490K -$6.19M -130,307 -93%
VIA
309
Vident Investment Advisory
Georgia
$489K -$16.8K -353 -3%
Allianz Asset Management
310
Allianz Asset Management
Germany
$489K +$199K +4,186 +69%
BI
311
Bredin Investment
Delaware
$482K
O
312
Ossiam
France
$481K +$480K +10,100 New
BFEC
313
Benjamin F. Edwards & Company
Missouri
$476K +$120K +2,520 +34%
MYAM
314
Meiji Yasuda Asset Management
Japan
$475K +$12.4K +260 +3%
M&T Bank
315
M&T Bank
New York
$474K -$93.2K -1,961 -16%
Creative Planning
316
Creative Planning
Kansas
$471K +$77.4K +1,628 +20%
Daiwa Securities Group
317
Daiwa Securities Group
Japan
$469K +$19K +400 +4%
TCM
318
Tufton Capital Management
Maryland
$455K
FTIOP
319
Fiduciary Trust International of Pennsylvania
Pennsylvania
$454K -$2.98M -62,666 -87%
CAN
320
Cetera Advisor Networks
California
$454K +$6.75K +142 +2%
EDRIA
321
Edmonds Duncan Registered Investment Advisors
Kansas
$446K
PTC
322
Provident Trust Company
Wisconsin
$446K
VRS
323
Virginia Retirement Systems
Virginia
$442K -$318K -6,700 -42%
HTC
324
Haverford Trust Company
Pennsylvania
$440K -$713 -15 -0.2%
MAFM
325
Mid Atlantic Financial Management
Pennsylvania
$434K +$434K +9,129 New

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.