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Brown-Forman Class B

515 hedge funds and large institutions have $6.83B invested in Brown-Forman Class B in 2018 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 201 increasing their positions, 159 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more repeat investments, than reductions

Existing positions increased: 201 | Existing positions reduced: 159

2.08% more ownership

Funds ownership: 42.7%44.79% (+2.1%)

4% less first-time investments, than exits

New positions opened: 45 | Existing positions closed: 47

1% less funds holding

Funds holding: 521515 (-6)

7% less capital invested

Capital invested by funds: $7.38B → $6.83B (-$549M)

46% less funds holding in top 10

Funds holding in top 10: 137 (-6)

69% less call options, than puts

Call options by funds: $687K | Put options by funds: $2.2M

Holders
515
Holders Change
-6
Holders Change %
-1.15%
% of All Funds
11.79%
Holding in Top 10
7
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-46.15%
% of All Funds
0.16%
New
45
Increased
201
Reduced
159
Closed
47
Calls
$687K
Puts
$2.2M
Net Calls
-$1.52M
Net Calls Change
-$881K
Name Holding Trade Value Shares
Change
Change in
Stake
PAMU
51
Pictet Asset Management (UK)
United Kingdom
$24.6M -$5.36M -97,924 -16%
TL
52
Tirschwell & Loewy
New York
$24.5M +$1.14M +20,828 +4%
MG
53
Markel Group
Virginia
$23.2M
FQ
54
First Quadrant
California
$22.2M +$6.48M +118,469 +35%
State Board of Administration of Florida Retirement System
55
State Board of Administration of Florida Retirement System
Florida
$22.1M +$912K +16,672 +4%
California State Teachers Retirement System (CalSTRS)
56
California State Teachers Retirement System (CalSTRS)
California
$21.3M +$3.83M +69,959 +19%
Asset Management One
57
Asset Management One
Japan
$20.8M +$1.62M +29,623 +8%
TCIM
58
TIAA CREF Investment Management
New York
$20.4M -$5.99M -109,461 -21%
TA
59
Teachers Advisors
New York
$20.1M +$4.94M +90,309 +28%
SYBT
60
Stock Yards Bank & Trust
Kentucky
$19.4M -$81K -1,480 -0.4%
AQR Capital Management
61
AQR Capital Management
Connecticut
$19M +$5.74M +104,884 +37%
Barclays
62
Barclays
United Kingdom
$18.4M -$15.5M -282,715 -43%
New York State Teachers Retirement System (NYSTRS)
63
New York State Teachers Retirement System (NYSTRS)
New York
$18.4M +$1.31K +24 +0%
CS
64
Credit Suisse
Switzerland
$18M -$1.1M -20,048 -5%
GAM
65
Gotham Asset Management
New York
$17.9M +$14.7M +268,968 +277%
Brown Advisory
66
Brown Advisory
Maryland
$17.9M +$940K +17,189 +5%
GF
67
Gabelli Funds
New York
$17.1M -$4.69M -85,800 -20%
Adage Capital Partners
68
Adage Capital Partners
Massachusetts
$16.7M -$542K -9,900 -3%
Axa
69
Axa
France
$16.2M +$2.78M +50,780 +18%
Prudential Financial
70
Prudential Financial
New Jersey
$16.1M +$1.39M +25,470 +8%
National Pension Service
71
National Pension Service
South Korea
$15.4M +$1.47M +26,914 +9%
DA
72
Denali Advisors
California
$15.1M +$1.09M +20,000 +7%
Baird Financial Group
73
Baird Financial Group
Wisconsin
$14.8M +$2.43M +44,341 +17%
GC
74
Guggenheim Capital
Illinois
$14.5M -$44.1M -806,580 -73%
Acadian Asset Management
75
Acadian Asset Management
Massachusetts
$14M -$19.7M -360,061 -56%

BF.B Hedge Fund Activity: Q2 2018 in Review

515 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q2 2018, worth a combined $6.83B — down 7.4% from $7.38B a quarter earlier.

Sellers outnumbered buyers: 47 funds closed out of BF.B and 45 opened new positions — a net loss of 2 holders — while 159 trimmed existing stakes and 201 added.

The largest buyer was Janus Henderson Group, adding an estimated $100M. The largest seller was Jupiter Investment Management, cutting an estimated $44.7M.

  • 515 institutional investors held Brown-Forman Class B (BF.B) as of Q2 2018, down from 521 in Q1 2018.
  • Funds reported $6.83B of Brown-Forman Class B stock for Q2 2018, down 7.4% quarter-over-quarter.
  • 45 funds opened new Brown-Forman Class B positions in Q2 2018 and 47 closed out, a net change of -2 holders.
  • The largest Brown-Forman Class B buyer in Q2 2018 was Janus Henderson Group, an estimated $100M added.
  • The largest Brown-Forman Class B seller in Q2 2018 was Jupiter Investment Management, an estimated $44.7M sold.

Based on aggregated 13F filings for Q2 2018.