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Brown-Forman Class B

402 hedge funds and large institutions have $5.68B invested in Brown-Forman Class B in 2015 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 146 increasing their positions, 151 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more call options, than puts

Call options by funds: $13.4M | Put options by funds: $11.2M

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

3% less repeat investments, than reductions

Existing positions increased: 146 | Existing positions reduced: 151

1.42% less ownership

Funds ownership: 157.68%156.26% (-1.4%)

4% less funds holding

Funds holding: 419402 (-17)

22% less first-time investments, than exits

New positions opened: 35 | Existing positions closed: 45

29% less capital invested

Capital invested by funds: $8.02B → $5.68B (-$2.34B)

Holders
402
Holders Change
-17
Holders Change %
-4.06%
% of All Funds
10.71%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.19%
New
35
Increased
146
Reduced
151
Closed
45
Calls
$13.4M
Puts
$11.2M
Net Calls
+$2.24M
Net Calls Change
+$2.29M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
26
T. Rowe Price Associates
Maryland
$46.2M -$712K -24,710 -2%
Legal & General Group
27
Legal & General Group
United Kingdom
$45.2M -$634K -21,990 -1%
GRQ
28
Gardner Russo & Quinn
Pennsylvania
$42.2M +$3.61M +125,391 +9%
CS
29
Credit Suisse
Switzerland
$40.6M -$4.85M -168,260 -11%
AB
30
Atlas Brown
Kentucky
$40.5M -$50K -1,734 -0.1%
GC
31
Guggenheim Capital
Illinois
$39.7M +$2.93M +101,562 +8%
New York State Common Retirement Fund
32
New York State Common Retirement Fund
New York
$39.1M -$173K -5,994 -0.4%
Mitsubishi UFJ Trust & Banking
33
Mitsubishi UFJ Trust & Banking
Japan
$38.7M -$13.2M -458,909 -26%
BNP Paribas Asset Management
34
BNP Paribas Asset Management
France
$36.6M +$1.32M +45,806 +4%
Charles Schwab
35
Charles Schwab
California
$34.7M +$872K +30,247 +3%
BlackRock
36
BlackRock
New York
$34.2M +$2.32M +80,559 +7%
P
37
Pitcairn
Pennsylvania
$33.7M
UBS AM
38
UBS AM
Illinois
$33.3M -$468K -16,253 -1%
Franklin Resources
39
Franklin Resources
California
$31.6M +$31.5M +1,093,750 New
BIM
40
BlackRock Investment Management
Delaware
$30.5M -$474K -16,463 -2%
California Public Employees Retirement System
41
California Public Employees Retirement System
California
$30.5M
Sumitomo Mitsui Trust Group
42
Sumitomo Mitsui Trust Group
Japan
$30.3M +$1.94M +67,256 +7%
DWA
43
Douglass Winthrop Advisors
New York
$29.8M +$738K +25,625 +3%
TA
44
Teachers Advisors
New York
$27.9M -$680K -23,587 -2%
California State Teachers Retirement System (CalSTRS)
45
California State Teachers Retirement System (CalSTRS)
California
$25.5M -$432K -15,000 -2%
AllianceBernstein
46
AllianceBernstein
Tennessee
$25.2M -$443K -15,360 -2%
Morgan Stanley
47
Morgan Stanley
New York
$24.9M -$7.4M -256,793 -23%
STMM
48
South Texas Money Management
Texas
$24.7M +$24.7M +855,691 New
TD Asset Management
49
TD Asset Management
Ontario, Canada
$24.7M +$4.2M +145,766 +21%
NAM
50
NorthCoast Asset Management
Connecticut
$24.5M +$268K +9,284 +1%

BF.B Hedge Fund Activity: Q1 2015 in Review

402 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q1 2015, worth a combined $5.68B — down 29% from $8.02B a quarter earlier.

Sellers outnumbered buyers: 45 funds closed out of BF.B and 35 opened new positions — a net loss of 10 holders — while 151 trimmed existing stakes and 146 added.

The largest buyer was Franklin Resources, opening a new position worth an estimated $31.5M. The largest seller was PNC Financial Services Group, cutting an estimated $70.4M.

  • 402 institutional investors held Brown-Forman Class B (BF.B) as of Q1 2015, down from 419 in Q4 2014.
  • Funds reported $5.68B of Brown-Forman Class B stock for Q1 2015, down 29% quarter-over-quarter.
  • 35 funds opened new Brown-Forman Class B positions in Q1 2015 and 45 closed out, a net change of -10 holders.
  • The largest Brown-Forman Class B buyer in Q1 2015 was Franklin Resources, an estimated $31.5M added.
  • The largest Brown-Forman Class B seller in Q1 2015 was PNC Financial Services Group, an estimated $70.4M sold.

Based on aggregated 13F filings for Q1 2015.