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Brown-Forman Class B

507 hedge funds and large institutions have $6.18B invested in Brown-Forman Class B in 2018 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 160 increasing their positions, 184 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

175% more funds holding in top 10

Funds holding in top 10: 411 (+7)

52% more call options, than puts

Call options by funds: $945K | Put options by funds: $623K

0.11% less ownership

Funds ownership: 42.76%42.65% (-0.11%)

1% less funds holding

Funds holding: 512507 (-5)

5% less first-time investments, than exits

New positions opened: 54 | Existing positions closed: 57

8% less capital invested

Capital invested by funds: $6.73B → $6.18B (-$549M)

13% less repeat investments, than reductions

Existing positions increased: 160 | Existing positions reduced: 184

Holders
507
Holders Change
-5
Holders Change %
-0.98%
% of All Funds
11.3%
Holding in Top 10
11
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+175%
% of All Funds
0.25%
New
54
Increased
160
Reduced
184
Closed
57
Calls
$945K
Puts
$623K
Net Calls
+$322K
Net Calls Change
+$5.45M
Name Holding Trade Value Shares
Change
Change in
Stake
California State Teachers Retirement System (CalSTRS)
51
California State Teachers Retirement System (CalSTRS)
California
$22.4M +$719K +15,123 +3%
State Board of Administration of Florida Retirement System
52
State Board of Administration of Florida Retirement System
Florida
$21.4M +$2.23K +47 +0%
AQR Capital Management
53
AQR Capital Management
Connecticut
$21.2M +$2.33M +49,070 +12%
Baird Financial Group
54
Baird Financial Group
Wisconsin
$20.6M +$5.17M +108,775 +34%
Balyasny Asset Management
55
Balyasny Asset Management
Illinois
$20.2M +$5.58M +117,386 +38%
Asset Management One
56
Asset Management One
Japan
$20.1M +$98.6K +2,075 +0.5%
DCM
57
Dupont Capital Management
Delaware
$19.8M +$7.64M +160,848 +63%
AllianceBernstein
58
AllianceBernstein
Tennessee
$19.5M -$3.96M -83,230 -17%
TCIM
59
TIAA CREF Investment Management
New York
$19.4M -$312K -6,560 -2%
TA
60
Teachers Advisors
New York
$19M +$548K +11,528 +3%
SYBT
61
Stock Yards Bank & Trust
Kentucky
$18.8M -$202K -4,250 -1%
AR
62
Advisory Research
Illinois
$18M +$16.8M +353,063 +1,379%
D.E. Shaw & Co
63
D.E. Shaw & Co
New York
$16.8M +$16.8M +353,985 New
National Pension Service
64
National Pension Service
South Korea
$16M +$926K +19,490 +6%
GF
65
Gabelli Funds
New York
$16M +$238K +5,000 +2%
CS
66
Credit Suisse
Switzerland
$15.4M -$1.87M -39,287 -11%
GC
67
Guggenheim Capital
Illinois
$14.9M -$696K -14,653 -4%
JP Morgan Chase
68
JP Morgan Chase
New York
$14.8M -$47.6M -1,001,194 -76%
DA
69
Denali Advisors
California
$14M -$9.5K -200 -0.1%
SSA
70
Schonfeld Strategic Advisors
New York
$13.6M +$13.2M +276,792 +2,835%
Barclays
71
Barclays
United Kingdom
$13.3M -$16.3M -342,314 -55%
UIM
72
Underhill Investment Management
California
$12.3M -$656K -13,812 -5%
Renaissance Technologies
73
Renaissance Technologies
New York
$11.9M +$11.3M +236,978 +1,742%
Lord, Abbett & Co
74
Lord, Abbett & Co
New Jersey
$11.9M -$7.98M -168,015 -40%
New York State Teachers Retirement System (NYSTRS)
75
New York State Teachers Retirement System (NYSTRS)
New York
$11.6M -$3.35M -70,539 -22%

BF.B Hedge Fund Activity: Q4 2018 in Review

507 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2018, worth a combined $6.18B — down 8.2% from $6.73B a quarter earlier.

Sellers outnumbered buyers: 57 funds closed out of BF.B and 54 opened new positions — a net loss of 3 holders — while 184 trimmed existing stakes and 160 added.

The largest buyer was Brown Brothers Harriman & Co, adding an estimated $103M. The largest seller was Millennium Management, cutting an estimated $61.9M.

  • 507 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2018, down from 512 in Q3 2018.
  • Funds reported $6.18B of Brown-Forman Class B stock for Q4 2018, down 8.2% quarter-over-quarter.
  • 54 funds opened new Brown-Forman Class B positions in Q4 2018 and 57 closed out, a net change of -3 holders.
  • The largest Brown-Forman Class B buyer in Q4 2018 was Brown Brothers Harriman & Co, an estimated $103M added.
  • The largest Brown-Forman Class B seller in Q4 2018 was Millennium Management, an estimated $61.9M sold.

Based on aggregated 13F filings for Q4 2018.