Brown-Forman Class B
BF.B
591 hedge funds and large institutions have $10.3B invested in Brown-Forman Class B in 2019 Q4 according to their latest regulatory filings, with 80 funds opening new positions, 185 increasing their positions, 206 reducing their positions, and 42 closing their positions.
362% more call options, than puts
Call options by funds: $11.1M | Put options by funds: $2.41M
90% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 42
9% more capital invested
Capital invested by funds: $9.44B → $10.3B (+$836M)
6% more funds holding
Funds holding: 559 → 591 (+32)
0.4% more ownership
Funds ownership: 48.85% → 49.25% (+0.4%)
10% less repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 206
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$43.5M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$33M |
| 3 |
BlackRock
New York
|
+$30.4M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$28M |
| 5 |
BIAS
Beacon Investment Advisory Services
Morristown,
New Jersey
|
+$27.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$40.5M |
| 2 |
D.E. Shaw & Co
New York
|
-$32.9M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$25.8M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$15.4M |
| 5 |
State Street
Boston,
Massachusetts
|
-$15.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWAG
626
Garrett Wealth Advisory Group
Weatherford,
Texas
| – | -$3.01K | -48 | Closed |
|
|
CBT
627
Capital Bank & Trust
Irvine,
California
| – | -$3K | -40 | Closed |
|
|
GSWM
628
Golden State Wealth Management
Santa Ana,
California
| – | -$2K | -30 | Closed |
|
|
FPS
629
Fieldpoint Private Securities
Greenwich,
Connecticut
| – | -$2K | -27 | Closed |
|
|
LWA
630
Lenox Wealth Advisors
New York
| – | +$130 | +2 | New |
|
|
PA
631
Procyon Advisors
Shelton,
Connecticut
| – | +$260 | +4 | New |
|
632
AssetMark Inc
Concord,
California
| – | +$390 | +6 | New |
|
BF.B Hedge Fund Activity: Q4 2019 in Review
591 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2019, worth a combined $10.3B — up 8.9% from $9.44B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new BF.B positions and 42 closed out — a net gain of 38 holders — while 185 added to existing stakes and 206 trimmed.
The largest buyer was Bridgeway Capital Management, opening a new position worth an estimated $43.5M. The largest seller was Champlain Investment Partners, cutting an estimated $40.5M.
- 591 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2019, up from 559 in Q3 2019.
- Funds reported $10.3B of Brown-Forman Class B stock for Q4 2019, up 8.9% quarter-over-quarter.
- 80 funds opened new Brown-Forman Class B positions in Q4 2019 and 42 closed out, a net change of +38 holders.
- The largest Brown-Forman Class B buyer in Q4 2019 was Bridgeway Capital Management, an estimated $43.5M added.
- The largest Brown-Forman Class B seller in Q4 2019 was Champlain Investment Partners, an estimated $40.5M sold.
Based on aggregated 13F filings for Q4 2019.