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Brown-Forman Class B

365 hedge funds and large institutions have $6.61B invested in Brown-Forman Class B in 2013 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 142 increasing their positions, 126 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more capital invested

Capital invested by funds: $4.48B → $6.61B (+$2.13B)

36% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 28

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

13% more repeat investments, than reductions

Existing positions increased: 142 | Existing positions reduced: 126

3.18% more ownership

Funds ownership: 160.55%163.73% (+3.2%)

2% more funds holding

Funds holding: 358365 (+7)

59% less call options, than puts

Call options by funds: $1.57M | Put options by funds: $3.86M

Holders
365
Holders Change
+7
Holders Change %
+1.96%
% of All Funds
11.83%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.26%
New
38
Increased
142
Reduced
126
Closed
28
Calls
$1.57M
Puts
$3.86M
Net Calls
-$2.29M
Net Calls Change
-$2.42M
Name Holding Trade Value Shares
Change
Change in
Stake
LCOV
26
London Company of Virginia
Virginia
$38.3M +$6.51M +288,784 +20%
Fidelity Investments
27
Fidelity Investments
Massachusetts
$37.9M -$2.6M -115,309 -6%
Legal & General Group
28
Legal & General Group
United Kingdom
$35.4M +$363K +16,103 +1%
Wells Fargo
29
Wells Fargo
California
$34.7M +$1.45M +64,356 +4%
New York State Common Retirement Fund
30
New York State Common Retirement Fund
New York
$31M -$486K -21,562 -1%
GRQ
31
Gardner Russo & Quinn
Pennsylvania
$29.1M +$5.42M +240,466 +22%
PI
32
Putnam Investments
Massachusetts
$29M +$29.6M +1,313,185 +7,262%
Invesco
33
Invesco
Georgia
$28.4M -$1.75M -77,628 -6%
P
34
Pitcairn
Pennsylvania
$26.2M +$6.04K +268 +0%
Fidelity International
35
Fidelity International
Bermuda
$26.1M +$14.1M +627,187 +110%
BlackRock
36
BlackRock
New York
$26M +$1.03M +45,643 +4%
Sumitomo Mitsui Trust Group
37
Sumitomo Mitsui Trust Group
Japan
$23.8M -$263K -11,666 -1%
Goldman Sachs
38
Goldman Sachs
New York
$23.7M +$1.92M +85,200 +8%
California Public Employees Retirement System
39
California Public Employees Retirement System
California
$23.5M +$427K +18,953 +2%
Deutsche Bank
40
Deutsche Bank
Germany
$23.1M +$1.36M +60,160 +6%
BIM
41
BlackRock Investment Management
Delaware
$22.7M +$3.53M +156,500 +18%
TA
42
Teachers Advisors
New York
$22.4M -$3.25M -144,369 -12%
CS
43
Credit Suisse
Switzerland
$22.3M -$1.85M -81,900 -7%
Charles Schwab
44
Charles Schwab
California
$22M +$954K +42,357 +4%
DWA
45
Douglass Winthrop Advisors
New York
$20.3M +$514K +22,835 +3%
New York State Teachers Retirement System (NYSTRS)
46
New York State Teachers Retirement System (NYSTRS)
New York
$20.2M -$802K -35,618 -4%
AllianceBernstein
47
AllianceBernstein
Tennessee
$19.9M -$635K -28,178 -3%
UBS AM
48
UBS AM
Illinois
$19.9M +$381K +16,897 +2%
EAM
49
Edge Asset Management
Washington
$18.5M +$9.56M +424,544 +99%
TL
50
Tirschwell & Loewy
New York
$18.1M +$86.2K +3,828 +0.5%

BF.B Hedge Fund Activity: Q3 2013 in Review

365 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q3 2013, worth a combined $6.61B — up 47% from $4.48B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new BF.B positions and 28 closed out — a net gain of 10 holders — while 142 added to existing stakes and 126 trimmed.

The largest buyer was Putnam Investments, adding an estimated $29.6M. The largest seller was Atlas Brown, cutting an estimated $72.5M.

  • 365 institutional investors held Brown-Forman Class B (BF.B) as of Q3 2013, up from 358 in Q2 2013.
  • Funds reported $6.61B of Brown-Forman Class B stock for Q3 2013, up 47% quarter-over-quarter.
  • 38 funds opened new Brown-Forman Class B positions in Q3 2013 and 28 closed out, a net change of +10 holders.
  • The largest Brown-Forman Class B buyer in Q3 2013 was Putnam Investments, an estimated $29.6M added.
  • The largest Brown-Forman Class B seller in Q3 2013 was Atlas Brown, an estimated $72.5M sold.

Based on aggregated 13F filings for Q3 2013.