Brown-Forman Class B
BF.B
521 hedge funds and large institutions have $7.38B invested in Brown-Forman Class B in 2018 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 62 increasing their positions, 386 reducing their positions, and 43 closing their positions.
67% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 43
10% more capital invested
Capital invested by funds: $6.69B → $7.38B (+$685M)
5% more funds holding
Funds holding: 496 → 521 (+25)
0% more funds holding in top 10
Funds holding in top 10: 13 → 13 (0)
28.22% less ownership
Funds ownership: 70.93% → 42.7% (-28%)
37% less call options, than puts
Call options by funds: $1.07M | Put options by funds: $1.71M
84% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 386
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AB
Atlas Brown
Louisville,
Kentucky
|
+$46.3M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$35.2M |
| 3 |
BP
BBR Partners
New York
|
+$26.1M |
| 4 |
GRQ
Gardner Russo & Quinn
Lancaster,
Pennsylvania
|
+$23.9M |
| 5 |
P
Pitcairn
Conshohocken,
Pennsylvania
|
+$23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$188M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$158M |
| 3 |
BlackRock
New York
|
-$63M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$40.3M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$38.9M |
BF.B Hedge Fund Activity: Q1 2018 in Review
521 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q1 2018, worth a combined $7.38B — up 10% from $6.69B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new BF.B positions and 43 closed out — a net gain of 29 holders — while 62 added to existing stakes and 386 trimmed.
The largest buyer was Atlas Brown, adding an estimated $46.3M. The largest seller was State Street, cutting an estimated $188M.
- 521 institutional investors held Brown-Forman Class B (BF.B) as of Q1 2018, up from 496 in Q4 2017.
- Funds reported $7.38B of Brown-Forman Class B stock for Q1 2018, up 10% quarter-over-quarter.
- 72 funds opened new Brown-Forman Class B positions in Q1 2018 and 43 closed out, a net change of +29 holders.
- The largest Brown-Forman Class B buyer in Q1 2018 was Atlas Brown, an estimated $46.3M added.
- The largest Brown-Forman Class B seller in Q1 2018 was State Street, an estimated $188M sold.
Based on aggregated 13F filings for Q1 2018.