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Brown-Forman Class B

626 hedge funds and large institutions have $11.2B invested in Brown-Forman Class B in 2020 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 194 increasing their positions, 233 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,055% more call options, than puts

Call options by funds: $10.2M | Put options by funds: $880K

81% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 37

18% more capital invested

Capital invested by funds: $9.51B → $11.2B (+$1.7B)

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

5% more funds holding

Funds holding: 599626 (+27)

0.05% less ownership

Funds ownership: 48.4%48.36% (-0.05%)

17% less repeat investments, than reductions

Existing positions increased: 194 | Existing positions reduced: 233

Holders
626
Holders Change
+27
Holders Change %
+4.51%
% of All Funds
12.63%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.16%
New
67
Increased
194
Reduced
233
Closed
37
Calls
$10.2M
Puts
$880K
Net Calls
+$9.29M
Net Calls Change
+$3.28M
Name Holding Trade Value Shares
Change
Change in
Stake
BGIM
626
Brandywine Global Investment Management
Pennsylvania
-$8.33M -130,825 Closed
TI
627
Trexquant Investment
Connecticut
-$2.69M -42,302 Closed
OAM
628
Optimal Asset Management
California
-$1.91M -30,000 Closed
DWA
629
Dorsey Wright & Associates
California
-$1.61M -25,339 Closed
AIMCA
630
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
-$1.34M -21,100 Closed
VC
631
Veracity Capital
Georgia
-$1.16M -18,196 Closed
N
632
Natixis
France
-$1.08M -16,919 Closed
ESCM
633
Echo Street Capital Management
New York
-$834K -13,096 Closed
Tudor Investment Corp
634
Tudor Investment Corp
Connecticut
-$665K -10,441 Closed
WCM
635
Weld Capital Management
New York
-$356K -5,598 Closed
EMG
636
ETF Managers Group
New Jersey
-$341K -5,397 Closed
KIA
637
KCM Investment Advisors
California
-$296K -4,655 Closed
GAM
638
Gotham Asset Management
New York
-$295K -4,634 Closed
PHAM
639
Palisades Hudson Asset Management
Florida
-$230K -3,610 Closed
OIA
640
OneDigital Investment Advisors
Kansas
-$217K -3,415 Closed
CMO
641
Covenant Multifamily Offices
Texas
-$200K -3,141 Closed
M
642
Mirova
France
-$131K -2,051 Closed
THWM
643
Taylor Hoffman Wealth Management
Virginia
-$62K -977 Closed
MIFH
644
Migdal Insurance & Financial Holdings
Israel
-$44K -691 Closed
KPW
645
Kore Private Wealth
New York
-$28K -441 Closed
PI
646
PineBridge Investments
New York
-$26K -411 Closed
OPS
647
Orion Portfolio Solutions
Nebraska
-$21K -325 Closed
PA
648
Perennial Advisors
New York
-$20K -310 Closed
RFA
649
Reilly Financial Advisors
California
-$19K -302 Closed
GI
650
Gradient Investments
Minnesota
-$16K -250 Closed

BF.B Hedge Fund Activity: Q3 2020 in Review

626 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q3 2020, worth a combined $11.2B — up 18% from $9.51B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new BF.B positions and 37 closed out — a net gain of 30 holders — while 194 added to existing stakes and 233 trimmed.

The largest buyer was Fundsmith LLP, adding an estimated $27.8M. The largest seller was Brown Brothers Harriman & Co, cutting an estimated $63.1M.

  • 626 institutional investors held Brown-Forman Class B (BF.B) as of Q3 2020, up from 599 in Q2 2020.
  • Funds reported $11.2B of Brown-Forman Class B stock for Q3 2020, up 18% quarter-over-quarter.
  • 67 funds opened new Brown-Forman Class B positions in Q3 2020 and 37 closed out, a net change of +30 holders.
  • The largest Brown-Forman Class B buyer in Q3 2020 was Fundsmith LLP, an estimated $27.8M added.
  • The largest Brown-Forman Class B seller in Q3 2020 was Brown Brothers Harriman & Co, an estimated $63.1M sold.

Based on aggregated 13F filings for Q3 2020.