Brown-Forman Class B
BF.B
559 hedge funds and large institutions have $9.44B invested in Brown-Forman Class B in 2019 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 209 increasing their positions, 167 reducing their positions, and 55 closing their positions.
94% more call options, than puts
Call options by funds: $18.7M | Put options by funds: $9.61M
25% more repeat investments, than reductions
Existing positions increased: 209 | Existing positions reduced: 167
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
16% more capital invested
Capital invested by funds: $8.11B → $9.44B (+$1.32B)
15% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 55
1% more funds holding
Funds holding: 552 → 559 (+7)
1.2% more ownership
Funds ownership: 47.65% → 48.85% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fundsmith LLP
London,
United Kingdom
|
+$540M |
| 2 |
BlackRock
New York
|
+$63M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$55.2M |
| 4 |
BBHC
Brown Brothers Harriman & Co
New York
|
+$49.8M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$339M |
| 2 |
Millennium Management
New York
|
-$38.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$34.6M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$29.7M |
| 5 |
Goldman Sachs
New York
|
-$27.7M |
BF.B Hedge Fund Activity: Q3 2019 in Review
559 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q3 2019, worth a combined $9.44B — up 16% from $8.11B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new BF.B positions and 55 closed out — a net gain of 8 holders — while 209 added to existing stakes and 167 trimmed.
The largest buyer was Fundsmith LLP, opening a new position worth an estimated $540M. The largest seller was Baird Financial Group, cutting an estimated $339M.
- 559 institutional investors held Brown-Forman Class B (BF.B) as of Q3 2019, up from 552 in Q2 2019.
- Funds reported $9.44B of Brown-Forman Class B stock for Q3 2019, up 16% quarter-over-quarter.
- 63 funds opened new Brown-Forman Class B positions in Q3 2019 and 55 closed out, a net change of +8 holders.
- The largest Brown-Forman Class B buyer in Q3 2019 was Fundsmith LLP, an estimated $540M added.
- The largest Brown-Forman Class B seller in Q3 2019 was Baird Financial Group, an estimated $339M sold.
Based on aggregated 13F filings for Q3 2019.