Brown-Forman Class B
BF.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.
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: 7 → 8 (+1)
5% more funds holding
Funds holding: 599 → 626 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fundsmith LLP
London,
United Kingdom
|
+$27.8M |
| 2 |
Morgan Stanley
New York
|
+$25.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$24.6M |
| 4 |
JP Morgan Chase
New York
|
+$24.3M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$23.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$63.1M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$41.2M |
| 3 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$25.6M |
| 4 |
Goldman Sachs
New York
|
-$20.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$20.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
651
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$15K | -238 | Closed |
|
|
CFG
652
Citizens Financial Group
Providence,
Rhode Island
| – | -$12K | -187 | Closed |
|
|
BL
653
Balentine LLC
Atlanta,
Georgia
| – | -$11K | -179 | Closed |
|
|
APWA
654
Atlas Private Wealth Advisors
Matawan,
New Jersey
| – | -$4K | -70 | Closed |
|
|
SIC
655
Salem Investment Counselors
Winston Salem,
North Carolina
| – | -$4K | -56 | Closed |
|
|
LAS
656
Lloyd Advisory Services
Suwanee,
Georgia
| – | -$3K | -50 | Closed |
|
|
APW
657
Acima Private Wealth
Richmond,
Virginia
| – | -$2K | -30 | Closed |
|
|
EWP
658
Engrave Wealth Partners
The Woodlands,
Texas
| – | -$1K | -27 | Closed |
|
|
AWM
659
Apollon Wealth Management
Mount Pleasant,
South Carolina
| – | -$1K | -23 | Closed |
|
|
BAM
660
Bellevue Asset Management
Bellevue,
Washington
| – | -$1K | -9 | Closed |
|
|
NFG
661
Next Financial Group
Houston,
Texas
| – | +$429 | +6 | New |
|
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.