Brown-Forman Class B
BF.B
447 hedge funds and large institutions have $4.56B invested in Brown-Forman Class B in 2016 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 128 increasing their positions, 192 reducing their positions, and 46 closing their positions.
1.9% more ownership
Funds ownership: 71.65% → 73.54% (+1.9%)
4% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 46
1% less funds holding
Funds holding: 453 → 447 (-6)
5% less capital invested
Capital invested by funds: $4.8B → $4.56B (-$243M)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
33% less repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 192
74% less call options, than puts
Call options by funds: $361K | Put options by funds: $1.39M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$43M |
| 2 |
BP
BBR Partners
New York
|
+$27.6M |
| 3 |
Goldman Sachs
New York
|
+$25.4M |
| 4 |
Credit Agricole
Montrouge Cedex,
France
|
+$16.6M |
| 5 |
Asset Management One
Tokyo,
Japan
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$26.3M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$26.2M |
| 3 |
MTB
Mizuho Trust & Banking
Tokyo,
Japan
|
-$16.5M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$14.6M |
| 5 |
BlackRock
New York
|
-$11.8M |
BF.B Hedge Fund Activity: Q4 2016 in Review
447 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2016, worth a combined $4.56B — down 5.1% from $4.8B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new BF.B positions and 46 closed out — a net gain of 2 holders — while 128 added to existing stakes and 192 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $43M. The largest seller was Invesco, cutting an estimated $26.3M.
- 447 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2016, down from 453 in Q3 2016.
- Funds reported $4.56B of Brown-Forman Class B stock for Q4 2016, down 5.1% quarter-over-quarter.
- 48 funds opened new Brown-Forman Class B positions in Q4 2016 and 46 closed out, a net change of +2 holders.
- The largest Brown-Forman Class B buyer in Q4 2016 was Principal Financial Group, an estimated $43M added.
- The largest Brown-Forman Class B seller in Q4 2016 was Invesco, an estimated $26.3M sold.
Based on aggregated 13F filings for Q4 2016.