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Brown-Forman Class B

452 hedge funds and large institutions have $5.2B invested in Brown-Forman Class B in 2017 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 163 increasing their positions, 151 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more call options, than puts

Call options by funds: $6.05M | Put options by funds: $3.31M

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

13% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 39

13% more capital invested

Capital invested by funds: $4.62B → $5.2B (+$586M)

8% more repeat investments, than reductions

Existing positions increased: 163 | Existing positions reduced: 151

0.6% more ownership

Funds ownership: 69%69.6% (+0.6%)

0% more funds holding

Funds holding: 452452 (0)

Holders
452
Holders Change
Holders Change %
0%
% of All Funds
11.27%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.17%
New
44
Increased
163
Reduced
151
Closed
39
Calls
$6.05M
Puts
$3.31M
Net Calls
+$2.74M
Net Calls Change
+$1.49M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
26
T. Rowe Price Associates
Maryland
$34.7M -$375K -11,547 -1%
Sumitomo Mitsui Trust Group
27
Sumitomo Mitsui Trust Group
Japan
$33.9M +$193K +5,928 +0.6%
TD Asset Management
28
TD Asset Management
Ontario, Canada
$33.8M -$4.92M -151,453 -13%
California Public Employees Retirement System
29
California Public Employees Retirement System
California
$29.9M +$428K +13,169 +2%
SIC
30
Schwartz Investment Counsel
Michigan
$29.7M +$1.27M +39,063 +5%
Morgan Stanley
31
Morgan Stanley
New York
$29.3M -$28.2M -867,102 -51%
Bank of America
32
Bank of America
North Carolina
$29.1M +$7.65M +235,514 +39%
Credit Agricole
33
Credit Agricole
France
$27.7M +$1.92M +59,146 +8%
DWA
34
Douglass Winthrop Advisors
New York
$27.4M -$446K -13,736 -2%
Citadel Advisors
35
Citadel Advisors
Florida
$27.3M +$22.9M +704,327 +852%
PNC Financial Services Group
36
PNC Financial Services Group
Pennsylvania
$27.3M +$10.4K +319 +0%
Lord, Abbett & Co
37
Lord, Abbett & Co
New Jersey
$26.7M +$5.76M +177,310 +30%
LCOV
38
London Company of Virginia
Virginia
$26.5M -$769K -23,686 -3%
HFS
39
HL Financial Services
Kentucky
$25.3M -$762K -23,459 -3%
Invesco
40
Invesco
Georgia
$24.9M -$68.8M -2,119,008 -75%
JP Morgan Chase
41
JP Morgan Chase
New York
$24.2M -$14M -429,885 -38%
GT
42
Glenview Trust
Kentucky
$23.9M +$1.71M +52,779 +8%
Baillie Gifford & Co
43
Baillie Gifford & Co
United Kingdom
$23.8M +$842K +25,916 +4%
CS
44
Credit Suisse
Switzerland
$23.1M -$3.32M -102,350 -13%
Fidelity International
45
Fidelity International
Bermuda
$23M +$2.16M +66,578 +11%
RhumbLine Advisers
46
RhumbLine Advisers
Massachusetts
$22.4M -$428K -13,178 -2%
PPA
47
Parametric Portfolio Associates
Washington
$21.7M +$1.8M +55,399 +10%
TCIM
48
TIAA CREF Investment Management
New York
$21.3M -$1.14M -35,044 -5%
TL
49
Tirschwell & Loewy
New York
$21M -$1.57M -48,364 -7%
State Board of Administration of Florida Retirement System
50
State Board of Administration of Florida Retirement System
Florida
$20M -$39.6K -1,220 -0.2%

BF.B Hedge Fund Activity: Q3 2017 in Review

452 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q3 2017, worth a combined $5.2B — up 13% from $4.62B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new BF.B positions and 39 closed out — a net gain of 5 holders — while 163 added to existing stakes and 151 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $55.5M. The largest seller was Invesco, cutting an estimated $68.8M.

  • 452 institutional investors held Brown-Forman Class B (BF.B) as of Q3 2017, unchanged from Q2 2017.
  • Funds reported $5.2B of Brown-Forman Class B stock for Q3 2017, up 13% quarter-over-quarter.
  • 44 funds opened new Brown-Forman Class B positions in Q3 2017 and 39 closed out, a net change of +5 holders.
  • The largest Brown-Forman Class B buyer in Q3 2017 was Goldman Sachs, an estimated $55.5M added.
  • The largest Brown-Forman Class B seller in Q3 2017 was Invesco, an estimated $68.8M sold.

Based on aggregated 13F filings for Q3 2017.