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Brown-Forman Class B

418 hedge funds and large institutions have $8.02B invested in Brown-Forman Class B in 2014 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 125 increasing their positions, 163 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

107% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 28

37% more capital invested

Capital invested by funds: $5.87B → $8.02B (+$2.15B)

6% more funds holding

Funds holding: 394418 (+24)

0.32% less ownership

Funds ownership: 158%157.68% (-0.32%)

10% less call options, than puts

Call options by funds: $395K | Put options by funds: $439K

22% less funds holding in top 10

Funds holding in top 10: 97 (-2)

23% less repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 163

Holders
418
Holders Change
+24
Holders Change %
+6.09%
% of All Funds
11.15%
Holding in Top 10
7
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-22.22%
% of All Funds
0.19%
New
58
Increased
125
Reduced
163
Closed
28
Calls
$395K
Puts
$439K
Net Calls
-$44K
Net Calls Change
-$44K
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
26
Goldman Sachs
New York
$45.2M +$3M +103,631 +7%
Legal & General Group
27
Legal & General Group
United Kingdom
$44.5M -$683K -23,600 -1%
CS
28
Credit Suisse
Switzerland
$44.2M +$1.2M +41,469 +3%
AB
29
Atlas Brown
Kentucky
$39.5M +$27.1M +937,093 +201%
New York State Common Retirement Fund
30
New York State Common Retirement Fund
New York
$38.2M -$1.75M -60,384 -4%
GRQ
31
Gardner Russo & Quinn
Pennsylvania
$37.5M -$554K -19,144 -1%
LCOV
32
London Company of Virginia
Virginia
$37M +$250K +8,629 +0.7%
WG
33
Winton Group
United Kingdom
$36.1M -$12.2M -420,696 -25%
GC
34
Guggenheim Capital
Illinois
$35.8M +$7.48M +258,685 +25%
BNP Paribas Asset Management
35
BNP Paribas Asset Management
France
$34.3M -$1.48M -51,178 -4%
Charles Schwab
36
Charles Schwab
California
$32.9M +$1.13M +39,190 +3%
UBS AM
37
UBS AM
Illinois
$32.8M +$753K +26,041 +2%
P
38
Pitcairn
Pennsylvania
$32.8M -$1.04M -36,090 -3%
Fidelity International
39
Fidelity International
Bermuda
$32.6M -$7.49M -258,991 -18%
Credit Agricole
40
Credit Agricole
France
$32M -$11M -381,644 -25%
Morgan Stanley
41
Morgan Stanley
New York
$31.5M +$13.2M +457,706 +69%
BlackRock
42
BlackRock
New York
$31M +$4.08M +140,881 +15%
California Public Employees Retirement System
43
California Public Employees Retirement System
California
$30.5M +$786K +27,188 +3%
BIM
44
BlackRock Investment Management
Delaware
$30.1M +$277K +9,591 +0.9%
DWA
45
Douglass Winthrop Advisors
New York
$28.3M +$529K +18,282 +2%
Sumitomo Mitsui Trust Group
46
Sumitomo Mitsui Trust Group
Japan
$27.8M +$219K +7,587 +0.8%
TA
47
Teachers Advisors
New York
$27.8M +$448K +15,472 +2%
California State Teachers Retirement System (CalSTRS)
48
California State Teachers Retirement System (CalSTRS)
California
$25.2M +$245K +8,481 +1%
AllianceBernstein
49
AllianceBernstein
Tennessee
$24.9M -$1.62M -56,015 -6%
New York State Teachers Retirement System (NYSTRS)
50
New York State Teachers Retirement System (NYSTRS)
New York
$23.8M -$1.29M -44,512 -5%

BF.B Hedge Fund Activity: Q4 2014 in Review

418 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2014, worth a combined $8.02B — up 37% from $5.87B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new BF.B positions and 28 closed out — a net gain of 30 holders — while 125 added to existing stakes and 163 trimmed.

The largest buyer was TimesSquare Capital Management, opening a new position worth an estimated $64.5M. The largest seller was Baillie Gifford & Co, cutting an estimated $68.6M.

  • 418 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2014, up from 394 in Q3 2014.
  • Funds reported $8.02B of Brown-Forman Class B stock for Q4 2014, up 37% quarter-over-quarter.
  • 58 funds opened new Brown-Forman Class B positions in Q4 2014 and 28 closed out, a net change of +30 holders.
  • The largest Brown-Forman Class B buyer in Q4 2014 was TimesSquare Capital Management, an estimated $64.5M added.
  • The largest Brown-Forman Class B seller in Q4 2014 was Baillie Gifford & Co, an estimated $68.6M sold.

Based on aggregated 13F filings for Q4 2014.