Brown-Forman Class B
BF.B
452 hedge funds and large institutions have $4.8B invested in Brown-Forman Class B in 2016 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 122 increasing their positions, 194 reducing their positions, and 35 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
6% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 35
1% less funds holding
Funds holding: 458 → 452 (-6)
11% less capital invested
Capital invested by funds: $5.4B → $4.8B (-$594M)
37% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 194
74% less call options, than puts
Call options by funds: $1.23M | Put options by funds: $4.74M
78.83% less ownership
Funds ownership: 150.48% → 71.65% (-79%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$36.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.6M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
+$19.3M |
| 4 |
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
|
+$18.6M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$109M |
| 2 |
Renaissance Technologies
New York
|
-$35.3M |
| 3 |
Two Sigma Investments
New York
|
-$31.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$26.3M |
| 5 |
D.E. Shaw & Co
New York
|
-$24.7M |
BF.B Hedge Fund Activity: Q3 2016 in Review
452 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q3 2016, worth a combined $4.8B — down 11% from $5.4B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of BF.B and 33 opened new positions — a net loss of 2 holders — while 194 trimmed existing stakes and 122 added.
The largest buyer was Goldman Sachs, adding an estimated $36.8M. The largest seller was Janus Henderson Investors US, cutting an estimated $109M.
- 452 institutional investors held Brown-Forman Class B (BF.B) as of Q3 2016, down from 458 in Q2 2016.
- Funds reported $4.8B of Brown-Forman Class B stock for Q3 2016, down 11% quarter-over-quarter.
- 33 funds opened new Brown-Forman Class B positions in Q3 2016 and 35 closed out, a net change of -2 holders.
- The largest Brown-Forman Class B buyer in Q3 2016 was Goldman Sachs, an estimated $36.8M added.
- The largest Brown-Forman Class B seller in Q3 2016 was Janus Henderson Investors US, an estimated $109M sold.
Based on aggregated 13F filings for Q3 2016.