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Brown-Forman Class B

394 hedge funds and large institutions have $5.87B invested in Brown-Forman Class B in 2014 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 124 increasing their positions, 165 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% less funds holding

Funds holding: 401394 (-7)

6.38% less ownership

Funds ownership: 164.38%158% (-6.4%)

8% less capital invested

Capital invested by funds: $6.39B → $5.87B (-$521M)

10% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 30

25% less repeat investments, than reductions

Existing positions increased: 124 | Existing positions reduced: 165

25% less funds holding in top 10

Funds holding in top 10: 129 (-3)

Holders
394
Holders Change
-7
Holders Change %
-1.75%
% of All Funds
11.43%
Holding in Top 10
9
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-25%
% of All Funds
0.26%
New
27
Increased
124
Reduced
165
Closed
30
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TL
51
Tirschwell & Loewy
New York
$23.5M -$360K -12,238 -1%
JP Morgan Chase
52
JP Morgan Chase
New York
$23.1M -$12.9M -438,682 -35%
HFS
53
HL Financial Services
Kentucky
$21.3M +$161K +5,494 +0.8%
RhumbLine Advisers
54
RhumbLine Advisers
Massachusetts
$21M -$761K -25,897 -3%
Bank of America
55
Bank of America
North Carolina
$20.9M +$4.92M +167,419 +30%
Prudential Financial
56
Prudential Financial
New Jersey
$20.6M -$1.8M -61,281 -8%
State Board of Administration of Florida Retirement System
57
State Board of Administration of Florida Retirement System
Florida
$20.5M -$484K -16,472 -2%
TD Asset Management
58
TD Asset Management
Ontario, Canada
$20.4M +$125K +4,253 +0.6%
Principal Financial Group
59
Principal Financial Group
Iowa
$19.6M -$167K -5,688 -0.8%
GF
60
Gabelli Funds
New York
$19.2M -$91.8K -3,125 -0.5%
Morgan Stanley
61
Morgan Stanley
New York
$19.1M -$4.78M -162,722 -20%
Dimensional Fund Advisors
62
Dimensional Fund Advisors
Texas
$17.7M -$47.6K -1,619 -0.3%
Swiss National Bank
63
Swiss National Bank
Switzerland
$17.2M -$285K -9,688 -2%
APG Asset Management
64
APG Asset Management
Netherlands
$16.6M +$3.25M +110,668 +24%
PPA
65
Parametric Portfolio Associates
Washington
$16.4M -$163K -5,540 -1%
GH
66
GAM Holding
Switzerland
$15.8M -$946K -32,187 -6%
UIM
67
Underhill Investment Management
California
$15.8M
MTB
68
Mizuho Trust & Banking
Japan
$14.9M -$667K -22,696 -4%
Grantham, Mayo, Van Otterloo & Co (GMO)
69
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$14.2M -$2.15M -73,275 -13%
AB
70
Atlas Brown
Kentucky
$13.5M -$1.16M -39,475 -8%
EA
71
Euclid Advisors
Connecticut
$12.5M +$1.19M +40,407 +10%
EAM
72
Edge Asset Management
Washington
$12M -$129K -4,378 -1%
AQR Capital Management
73
AQR Capital Management
Connecticut
$11.9M +$358K +12,187 +3%
PI
74
PGGM Investments
Netherlands
$11.8M +$406K +13,813 +3%
BJ
75
BlackRock Japan
Japan
$11.7M +$951K +32,357 +9%

BF.B Hedge Fund Activity: Q3 2014 in Review

394 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q3 2014, worth a combined $5.87B — down 8.1% from $6.39B a quarter earlier.

Sellers outnumbered buyers: 30 funds closed out of BF.B and 27 opened new positions — a net loss of 3 holders — while 165 trimmed existing stakes and 124 added.

The largest buyer was Janus Henderson Investors US, adding an estimated $55.8M. The largest seller was OppenheimerFunds, cutting an estimated $80.6M.

  • 394 institutional investors held Brown-Forman Class B (BF.B) as of Q3 2014, down from 401 in Q2 2014.
  • Funds reported $5.87B of Brown-Forman Class B stock for Q3 2014, down 8.1% quarter-over-quarter.
  • 27 funds opened new Brown-Forman Class B positions in Q3 2014 and 30 closed out, a net change of -3 holders.
  • The largest Brown-Forman Class B buyer in Q3 2014 was Janus Henderson Investors US, an estimated $55.8M added.
  • The largest Brown-Forman Class B seller in Q3 2014 was OppenheimerFunds, an estimated $80.6M sold.

Based on aggregated 13F filings for Q3 2014.