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Brown-Forman Class B

507 hedge funds and large institutions have $6.18B invested in Brown-Forman Class B in 2018 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 160 increasing their positions, 184 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

175% more funds holding in top 10

Funds holding in top 10: 411 (+7)

52% more call options, than puts

Call options by funds: $945K | Put options by funds: $623K

0.11% less ownership

Funds ownership: 42.76%42.65% (-0.11%)

1% less funds holding

Funds holding: 512507 (-5)

5% less first-time investments, than exits

New positions opened: 54 | Existing positions closed: 57

8% less capital invested

Capital invested by funds: $6.73B → $6.18B (-$549M)

13% less repeat investments, than reductions

Existing positions increased: 160 | Existing positions reduced: 184

Holders
507
Holders Change
-5
Holders Change %
-0.98%
% of All Funds
11.3%
Holding in Top 10
11
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+175%
% of All Funds
0.25%
New
54
Increased
160
Reduced
184
Closed
57
Calls
$945K
Puts
$623K
Net Calls
+$322K
Net Calls Change
+$5.45M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS AM
26
UBS AM
Illinois
$53.8M +$9.88M +207,986 +23%
Swiss National Bank
27
Swiss National Bank
Switzerland
$49.7M +$623K +13,100 +1%
Sumitomo Mitsui Trust Group
28
Sumitomo Mitsui Trust Group
Japan
$46.9M +$5.21M +109,614 +12%
New York State Common Retirement Fund
29
New York State Common Retirement Fund
New York
$42.9M -$703K -14,800 -2%
SIC
30
Schwartz Investment Counsel
Michigan
$40.2M +$14.8M +310,750 +58%
Bessemer Group
31
Bessemer Group
New Jersey
$40.1M
Fidelity Investments
32
Fidelity Investments
Massachusetts
$37.6M -$2.08M -43,763 -5%
DWA
33
Douglass Winthrop Advisors
New York
$35M +$2.75M +57,766 +9%
Charles Schwab
34
Charles Schwab
California
$34.5M +$656K +13,798 +2%
PPA
35
Parametric Portfolio Associates
Washington
$33.6M +$7.43M +156,368 +28%
PNC Financial Services Group
36
PNC Financial Services Group
Pennsylvania
$33.3M +$250K +5,264 +0.8%
Bank of America
37
Bank of America
North Carolina
$32.6M +$381K +8,027 +1%
Retirement Systems of Alabama
38
Retirement Systems of Alabama
Alabama
$31.1M +$388K +8,156 +1%
T. Rowe Price Associates
39
T. Rowe Price Associates
Maryland
$31M +$254K +5,337 +0.8%
LCOV
40
London Company of Virginia
Virginia
$30.9M +$819K +17,232 +3%
Morgan Stanley
41
Morgan Stanley
New York
$30.6M -$21.6M -453,553 -41%
Millennium Management
42
Millennium Management
New York
$30.2M -$61.9M -1,302,460 -67%
Deutsche Bank
43
Deutsche Bank
Germany
$30M -$12.8M -269,682 -30%
TD Asset Management
44
TD Asset Management
Ontario, Canada
$27.6M +$430K +9,058 +2%
American Century Companies
45
American Century Companies
Missouri
$27.5M -$5.94M -125,040 -18%
GT
46
Glenview Trust
Kentucky
$25.3M +$51.6K +1,086 +0.2%
TL
47
Tirschwell & Loewy
New York
$24.6M -$153K -3,211 -0.6%
RhumbLine Advisers
48
RhumbLine Advisers
Massachusetts
$22.6M -$1.54M -32,499 -6%
MG
49
Markel Group
Virginia
$22.6M
Brown Advisory
50
Brown Advisory
Maryland
$22.4M +$4.06M +85,437 +22%

BF.B Hedge Fund Activity: Q4 2018 in Review

507 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2018, worth a combined $6.18B — down 8.2% from $6.73B a quarter earlier.

Sellers outnumbered buyers: 57 funds closed out of BF.B and 54 opened new positions — a net loss of 3 holders — while 184 trimmed existing stakes and 160 added.

The largest buyer was Brown Brothers Harriman & Co, adding an estimated $103M. The largest seller was Millennium Management, cutting an estimated $61.9M.

  • 507 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2018, down from 512 in Q3 2018.
  • Funds reported $6.18B of Brown-Forman Class B stock for Q4 2018, down 8.2% quarter-over-quarter.
  • 54 funds opened new Brown-Forman Class B positions in Q4 2018 and 57 closed out, a net change of -3 holders.
  • The largest Brown-Forman Class B buyer in Q4 2018 was Brown Brothers Harriman & Co, an estimated $103M added.
  • The largest Brown-Forman Class B seller in Q4 2018 was Millennium Management, an estimated $61.9M sold.

Based on aggregated 13F filings for Q4 2018.