Brown-Forman Class B
BF.B
369 hedge funds and large institutions have $5.1B invested in Brown-Forman Class B in 2013 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 108 increasing their positions, 152 reducing their positions, and 34 closing their positions.
15% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 34
1% more funds holding
Funds holding: 365 → 369 (+4)
0.52% more ownership
Funds ownership: 163.73% → 164.25% (+0.52%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
23% less capital invested
Capital invested by funds: $6.61B → $5.1B (-$1.52B)
29% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 152
79% less call options, than puts
Call options by funds: $1.38M | Put options by funds: $6.62M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$25.6M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$23.1M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$17.6M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$14.7M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$31.9M |
| 2 |
SCM
Sandler Capital Management
New York
|
-$30.4M |
| 3 |
Renaissance Technologies
New York
|
-$27.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$19.1M |
| 5 |
GH
GAM Holding
Zurich,
Switzerland
|
-$12.3M |
BF.B Hedge Fund Activity: Q4 2013 in Review
369 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2013, worth a combined $5.1B — down 23% from $6.61B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new BF.B positions and 34 closed out — a net gain of 5 holders — while 108 added to existing stakes and 152 trimmed.
The largest buyer was State Street, adding an estimated $25.6M. The largest seller was Janus Henderson Investors US, cutting an estimated $31.9M.
- 369 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2013, up from 365 in Q3 2013.
- Funds reported $5.1B of Brown-Forman Class B stock for Q4 2013, down 23% quarter-over-quarter.
- 39 funds opened new Brown-Forman Class B positions in Q4 2013 and 34 closed out, a net change of +5 holders.
- The largest Brown-Forman Class B buyer in Q4 2013 was State Street, an estimated $25.6M added.
- The largest Brown-Forman Class B seller in Q4 2013 was Janus Henderson Investors US, an estimated $31.9M sold.
Based on aggregated 13F filings for Q4 2013.