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Brown-Forman Class 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.

New
Increased
Maintained
Reduced
Closed

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: 452447 (-5)

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: 98 (-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

Holders
447
Holders Change
-5
Holders Change %
-1.11%
% of All Funds
11.18%
Holding in Top 10
8
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-11.11%
% of All Funds
0.2%
New
48
Increased
128
Reduced
192
Closed
46
Calls
$361K
Puts
$1.39M
Net Calls
-$1.02M
Net Calls Change
+$2.49M
Name Holding Trade Value Shares
Change
Change in
Stake
WCM Investment Management
26
WCM Investment Management
California
$39.7M +$4.52M +154,767 +13%
Fidelity International
27
Fidelity International
Bermuda
$38.6M -$10.6M -362,221 -21%
BP
28
BBR Partners
New York
$33.9M +$27.6M +943,312 +398%
P
29
Pitcairn
Pennsylvania
$33.3M -$2.83K -97 -0%
TD Asset Management
30
TD Asset Management
Ontario, Canada
$33.2M -$667K -22,816 -2%
Mitsubishi UFJ Trust & Banking
31
Mitsubishi UFJ Trust & Banking
Japan
$32.9M -$4.11M -140,580 -11%
T. Rowe Price Associates
32
T. Rowe Price Associates
Maryland
$32.5M -$225K -7,688 -0.7%
Swiss National Bank
33
Swiss National Bank
Switzerland
$32.1M -$507K -17,344 -2%
FCM
34
Frontier Capital Management
Massachusetts
$30.3M +$218K +7,442 +0.7%
BlackRock
35
BlackRock
New York
$28.2M -$11.8M -404,614 -29%
STMM
36
South Texas Money Management
Texas
$27.8M +$323K +11,047 +1%
Sumitomo Mitsui Trust Group
37
Sumitomo Mitsui Trust Group
Japan
$27.5M -$1.33M -45,536 -5%
Charles Schwab
38
Charles Schwab
California
$26M +$410K +14,021 +2%
California Public Employees Retirement System
39
California Public Employees Retirement System
California
$24.9M -$1.08M -37,031 -4%
Bank of America
40
Bank of America
North Carolina
$23.4M +$993K +33,963 +4%
CS
41
Credit Suisse
Switzerland
$23.3M -$4.23M -144,609 -15%
PNC Financial Services Group
42
PNC Financial Services Group
Pennsylvania
$22.9M -$14.6M -500,142 -39%
DWA
43
Douglass Winthrop Advisors
New York
$22.7M +$563K +19,273 +2%
Morgan Stanley
44
Morgan Stanley
New York
$22.6M -$3.24M -110,881 -12%
LCOV
45
London Company of Virginia
Virginia
$22.6M -$1.35M -46,172 -6%
TCIM
46
TIAA CREF Investment Management
New York
$22.2M -$3.08M -105,429 -12%
Credit Agricole
47
Credit Agricole
France
$22.2M +$16.6M +569,048 +280%
HFS
48
HL Financial Services
Kentucky
$21.5M +$1.61M +55,250 +8%
BIM
49
BlackRock Investment Management
Delaware
$21.4M +$873K +29,859 +4%
Dimensional Fund Advisors
50
Dimensional Fund Advisors
Texas
$21.2M -$475K -16,245 -2%

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 452 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.