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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
COPPSERS
326
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$432K -$226K -4,758 -34%
Public Sector Pension Investment Board (PSP Investments)
327
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$416K -$5.43M -114,200 -93%
FCCM
328
First City Capital Management
Georgia
$415K -$9.5K -200 -2%
LSERS
329
Louisiana State Employees Retirement System
Louisiana
$414K -$57K -1,200 -12%
WIC
330
Woodmont Investment Counsel
Tennessee
$413K +$413K +8,690 New
RHBC
331
R.H. Bluestein & Co
Michigan
$404K -$214K -4,500 -35%
SBH
332
Segall Bryant & Hamill
Illinois
$403K
WG
333
Winton Group
United Kingdom
$400K -$291K -6,121 -42%
Wealthfront Advisers
334
Wealthfront Advisers
California
$400K +$400K +8,413 New
RWA
335
Ropes Wealth Advisors
Massachusetts
$392K
JMPWA
336
JP Morgan Private Wealth Advisors
California
$381K -$1.81K -38 -0.5%
ALAM
337
Asahi Life Asset Management
Japan
$380K +$380K +7,990 New
RCC
338
Red Cedar Capital
Nebraska
$378K
CI
339
Cigna Investments
Connecticut
$364K -$11.2K -236 -3%
Thrivent Financial for Lutherans
340
Thrivent Financial for Lutherans
Minnesota
$353K +$6.22K +131 +2%
TIA
341
Tiemann Investment Advisors
California
$352K -$8.89K -187 -2%
HK
342
Horizon Kinetics
New York
$346K -$60.6K -1,276 -15%
KRS
343
Kentucky Retirement Systems
Kentucky
$344K +$2.66K +56 +0.8%
Mackenzie Financial
344
Mackenzie Financial
Ontario, Canada
$335K +$20.9K +439 +7%
GIA
345
Gateway Investment Advisers
Ohio
$328K -$46.5K -979 -12%
PC
346
Port Capital
Illinois
$319K +$3.04K +64 +1%
ABC
347
Associated Banc-Corp
Wisconsin
$310K
WCM
348
Weik Capital Management
Pennsylvania
$306K
HI
349
Hendershot Investments
Virginia
$300K -$5.32K -112 -2%
UC
350
Unio Capital
New Jersey
$292K

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.