Brown-Forman Class B
BF.B
640 hedge funds and large institutions have $10B invested in Brown-Forman Class B in 2021 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 198 increasing their positions, 250 reducing their positions, and 52 closing their positions.
303% more call options, than puts
Call options by funds: $9.28M | Put options by funds: $2.3M
19% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 52
1% more funds holding
Funds holding: 634 → 640 (+6)
0.85% less ownership
Funds ownership: 49.21% → 48.36% (-0.85%)
17% less capital invested
Capital invested by funds: $12.1B → $10B (-$2.05B)
21% less repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 250
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fundsmith LLP
London,
United Kingdom
|
+$71.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$26M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$18M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$13.3M |
| 5 |
ProShare Advisors
Bethesda,
Maryland
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
California Public Employees Retirement System
Sacramento,
California
|
-$49.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$41.6M |
| 3 |
Bank Julius Baer & Co
Zurich,
Switzerland
|
-$30.3M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$24.3M |
| 5 |
State Street
Boston,
Massachusetts
|
-$21.9M |
BF.B Hedge Fund Activity: Q1 2021 in Review
640 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q1 2021, worth a combined $10B — down 17% from $12.1B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new BF.B positions and 52 closed out — a net gain of 10 holders — while 198 added to existing stakes and 250 trimmed.
The largest buyer was Fundsmith LLP, adding an estimated $71.5M. The largest seller was California Public Employees Retirement System, cutting an estimated $49.2M.
- 640 institutional investors held Brown-Forman Class B (BF.B) as of Q1 2021, up from 634 in Q4 2020.
- Funds reported $10B of Brown-Forman Class B stock for Q1 2021, down 17% quarter-over-quarter.
- 62 funds opened new Brown-Forman Class B positions in Q1 2021 and 52 closed out, a net change of +10 holders.
- The largest Brown-Forman Class B buyer in Q1 2021 was Fundsmith LLP, an estimated $71.5M added.
- The largest Brown-Forman Class B seller in Q1 2021 was California Public Employees Retirement System, an estimated $49.2M sold.
Based on aggregated 13F filings for Q1 2021.