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Brown-Forman Class B

447 hedge funds and large institutions have $4.56B invested in Brown-Forman Class B in 2016 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 128 increasing their positions, 192 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.9% more ownership

Funds ownership: 71.65%73.54% (+1.9%)

4% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 46

1% less funds holding

Funds holding: 452447 (-5)

5% less capital invested

Capital invested by funds: $4.8B → $4.56B (-$243M)

11% less funds holding in top 10

Funds holding in top 10: 98 (-1)

33% less repeat investments, than reductions

Existing positions increased: 128 | Existing positions reduced: 192

74% less call options, than puts

Call options by funds: $361K | Put options by funds: $1.39M

Holders
447
Holders Change
-5
Holders Change %
-1.11%
% of All Funds
11.18%
Holding in Top 10
8
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-11.11%
% of All Funds
0.2%
New
48
Increased
128
Reduced
192
Closed
46
Calls
$361K
Puts
$1.39M
Net Calls
-$1.02M
Net Calls Change
+$2.49M
Name Holding Trade Value Shares
Change
Change in
Stake
TL
51
Tirschwell & Loewy
New York
$19.8M -$859K -29,381 -4%
Baillie Gifford & Co
52
Baillie Gifford & Co
United Kingdom
$19.4M +$1.4M +47,848 +8%
Asset Management One
53
Asset Management One
Japan
$18.9M +$15.9M +544,545 +483%
RhumbLine Advisers
54
RhumbLine Advisers
Massachusetts
$17.7M +$908K +31,077 +5%
California State Teachers Retirement System (CalSTRS)
55
California State Teachers Retirement System (CalSTRS)
California
$17.4M -$1.76M -60,313 -9%
State Board of Administration of Florida Retirement System
56
State Board of Administration of Florida Retirement System
Florida
$17.1M -$164K -5,625 -0.9%
GT
57
Glenview Trust
Kentucky
$16.5M +$16.8M +574,836 New
Two Sigma Advisers
58
Two Sigma Advisers
New York
$16.2M -$2.47M -84,631 -13%
AllianceBernstein
59
AllianceBernstein
Tennessee
$15.8M +$275K +9,424 +2%
PPA
60
Parametric Portfolio Associates
Washington
$15.8M +$2.59M +88,738 +19%
New York State Teachers Retirement System (NYSTRS)
61
New York State Teachers Retirement System (NYSTRS)
New York
$14.8M -$1.06M -36,261 -7%
SYBT
62
Stock Yards Bank & Trust
Kentucky
$14M -$132K -4,520 -0.9%
AQR Capital Management
63
AQR Capital Management
Connecticut
$13.2M -$2.51M -85,864 -16%
HSBC Holdings
64
HSBC Holdings
United Kingdom
$12.8M +$3.23M +110,391 +33%
BJ
65
BlackRock Japan
Japan
$12.7M -$671K -22,968 -5%
First Trust Advisors
66
First Trust Advisors
Illinois
$12.5M +$12.5M +428,530 +5,754%
Russell Investments Group
67
Russell Investments Group
United Kingdom
$12.3M +$12.5M +426,553 New
Prudential Financial
68
Prudential Financial
New Jersey
$12.1M -$179K -6,125 -1%
BA
69
BlackRock Advisors
Delaware
$12.1M +$37.9K +1,298 +0.3%
UIM
70
Underhill Investment Management
California
$12M -$612K -20,937 -5%
Axa
71
Axa
France
$10.8M -$18.3K -625 -0.2%
American Century Companies
72
American Century Companies
Missouri
$10.4M -$296K -10,125 -3%
Brown Advisory
73
Brown Advisory
Maryland
$10.3M -$2.43M -82,980 -19%
Barclays
74
Barclays
United Kingdom
$10.3M +$5.98M +204,429 +134%
CIBC Private Wealth Group
75
CIBC Private Wealth Group
Georgia
$9.9M +$15.9K +544 +0.2%

BF.B Hedge Fund Activity: Q4 2016 in Review

447 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2016, worth a combined $4.56B — down 5.1% from $4.8B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new BF.B positions and 46 closed out — a net gain of 2 holders — while 128 added to existing stakes and 192 trimmed.

The largest buyer was Principal Financial Group, adding an estimated $43M. The largest seller was Invesco, cutting an estimated $26.3M.

  • 447 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2016, down from 452 in Q3 2016.
  • Funds reported $4.56B of Brown-Forman Class B stock for Q4 2016, down 5.1% quarter-over-quarter.
  • 48 funds opened new Brown-Forman Class B positions in Q4 2016 and 46 closed out, a net change of +2 holders.
  • The largest Brown-Forman Class B buyer in Q4 2016 was Principal Financial Group, an estimated $43M added.
  • The largest Brown-Forman Class B seller in Q4 2016 was Invesco, an estimated $26.3M sold.

Based on aggregated 13F filings for Q4 2016.