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Brown-Forman Class B

496 hedge funds and large institutions have $6.69B invested in Brown-Forman Class B in 2017 Q4 according to their latest regulatory filings, with 78 funds opening new positions, 154 increasing their positions, 155 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

136% more first-time investments, than exits

New positions opened: 78 | Existing positions closed: 33

93% more call options, than puts

Call options by funds: $5.17M | Put options by funds: $2.69M

86% more funds holding in top 10

Funds holding in top 10: 713 (+6)

29% more capital invested

Capital invested by funds: $5.2B → $6.69B (+$1.49B)

10% more funds holding

Funds holding: 452496 (+44)

1.32% more ownership

Funds ownership: 69.6%70.93% (+1.3%)

1% less repeat investments, than reductions

Existing positions increased: 154 | Existing positions reduced: 155

Holders
496
Holders Change
+44
Holders Change %
+9.73%
% of All Funds
11.25%
Holding in Top 10
13
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+85.71%
% of All Funds
0.29%
New
78
Increased
154
Reduced
155
Closed
33
Calls
$5.17M
Puts
$2.69M
Net Calls
+$2.49M
Net Calls Change
-$249K
Name Holding Trade Value Shares
Change
Change in
Stake
MWNA
51
Marshall Wace North America
New York
$24.6M +$2.62M +68,640 +14%
State Board of Administration of Florida Retirement System
52
State Board of Administration of Florida Retirement System
Florida
$23.6M -$1.52M -39,908 -7%
AAMU
53
Amundi Asset Management US
Massachusetts
$23.6M +$20.5M +536,703 New
AllianceBernstein
54
AllianceBernstein
Tennessee
$23.4M +$555K +14,540 +3%
Invesco
55
Invesco
Georgia
$23.4M -$6.97M -182,653 -26%
Asset Management One
56
Asset Management One
Japan
$21.8M -$988K -25,887 -5%
SYBT
57
Stock Yards Bank & Trust
Kentucky
$21.2M -$242K -6,330 -1%
California State Teachers Retirement System (CalSTRS)
58
California State Teachers Retirement System (CalSTRS)
California
$20.7M -$444K -11,648 -2%
New York State Teachers Retirement System (NYSTRS)
59
New York State Teachers Retirement System (NYSTRS)
New York
$20.5M
MIH
60
Madison Investment Holdings
Wisconsin
$19.8M -$483K -12,652 -3%
Prudential Financial
61
Prudential Financial
New Jersey
$19.4M +$790K +20,703 +5%
Adage Capital Partners
62
Adage Capital Partners
Massachusetts
$19M +$16.5M +432,541 New
Axa
63
Axa
France
$18.2M +$286K +7,500 +2%
Brown Advisory
64
Brown Advisory
Maryland
$17.2M +$507K +13,275 +4%
DA
65
Denali Advisors
California
$16.6M -$701K -18,375 -5%
National Pension Service
66
National Pension Service
South Korea
$16.5M -$49.2K -1,289 -0.3%
STMM
67
South Texas Money Management
Texas
$16.3M -$26M -680,461 -65%
Russell Investments Group
68
Russell Investments Group
United Kingdom
$16M +$2.91M +76,245 +27%
HSBC Holdings
69
HSBC Holdings
United Kingdom
$16M +$5.64M +147,786 +69%
TA
70
Teachers Advisors
New York
$15.9M +$173K +4,531 +1%
Citigroup
71
Citigroup
New York
$15.4M -$1.83M -47,956 -12%
UIM
72
Underhill Investment Management
California
$15M -$191K -5,000 -1%
CIBC Private Wealth Group
73
CIBC Private Wealth Group
Georgia
$14.9M +$68.6K +1,799 +0.5%
AP
74
AHL Partners
United Kingdom
$14.6M +$8.63M +226,070 +215%
Manulife (Manufacturers Life Insurance)
75
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$14.6M -$844K -22,129 -6%

BF.B Hedge Fund Activity: Q4 2017 in Review

496 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2017, worth a combined $6.69B — up 29% from $5.2B a quarter earlier.

Buyers outnumbered sellers: 78 funds opened new BF.B positions and 33 closed out — a net gain of 45 holders — while 154 added to existing stakes and 155 trimmed.

The largest buyer was American Century Companies, adding an estimated $52.8M. The largest seller was Citadel Advisors, cutting an estimated $29.7M.

  • 496 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2017, up from 452 in Q3 2017.
  • Funds reported $6.69B of Brown-Forman Class B stock for Q4 2017, up 29% quarter-over-quarter.
  • 78 funds opened new Brown-Forman Class B positions in Q4 2017 and 33 closed out, a net change of +45 holders.
  • The largest Brown-Forman Class B buyer in Q4 2017 was American Century Companies, an estimated $52.8M added.
  • The largest Brown-Forman Class B seller in Q4 2017 was Citadel Advisors, an estimated $29.7M sold.

Based on aggregated 13F filings for Q4 2017.