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Brown-Forman Class B

552 hedge funds and large institutions have $8.11B invested in Brown-Forman Class B in 2019 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 195 increasing their positions, 179 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 42

9% more capital invested

Capital invested by funds: $7.45B → $8.11B (+$659M)

3% more funds holding

Funds holding: 537552 (+15)

1.75% more ownership

Funds ownership: 45.9%47.65% (+1.7%)

9% more repeat investments, than reductions

Existing positions increased: 195 | Existing positions reduced: 179

0% more funds holding in top 10

Funds holding in top 10: 1010 (0)

33% less call options, than puts

Call options by funds: $3.69M | Put options by funds: $5.49M

Holders
552
Holders Change
+15
Holders Change %
+2.79%
% of All Funds
11.99%
Holding in Top 10
10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.22%
New
67
Increased
195
Reduced
179
Closed
42
Calls
$3.69M
Puts
$5.49M
Net Calls
-$1.8M
Net Calls Change
-$4.51M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
51
Royal Bank of Canada
Ontario, Canada
$26.4M -$3.53M -66,151 -12%
MG
52
Markel Group
Virginia
$26.3M
CS
53
Credit Suisse
Switzerland
$26M +$2.72M +51,014 +12%
AQR Capital Management
54
AQR Capital Management
Connecticut
$24.9M -$4.46M -83,505 -16%
Mitsubishi UFJ Trust & Banking
55
Mitsubishi UFJ Trust & Banking
Japan
$24M +$12.1M +227,305 +109%
State Board of Administration of Florida Retirement System
56
State Board of Administration of Florida Retirement System
Florida
$23.8M -$1.08M -20,186 -4%
RhumbLine Advisers
57
RhumbLine Advisers
Massachusetts
$22.5M -$5.73M -107,457 -21%
Man Group
58
Man Group
United Kingdom
$22M +$11.8M +221,912 +127%
Renaissance Technologies
59
Renaissance Technologies
New York
$21.8M -$9.89M -185,244 -32%
AR
60
Advisory Research
Illinois
$21.4M -$70.2K -1,316 -0.3%
National Pension Service
61
National Pension Service
South Korea
$20.1M +$798K +14,945 +4%
DCM
62
Dupont Capital Management
Delaware
$19.9M -$2.31M -43,195 -11%
AllianceBernstein
63
AllianceBernstein
Tennessee
$19.3M -$2.41M -45,159 -11%
State of Wisconsin Investment Board
64
State of Wisconsin Investment Board
Wisconsin
$17.1M +$14.7M +275,822 +842%
GC
65
Guggenheim Capital
Illinois
$16.8M -$555K -10,395 -3%
California State Teachers Retirement System (CalSTRS)
66
California State Teachers Retirement System (CalSTRS)
California
$16.7M -$8.86M -165,985 -36%
MIH
67
Madison Investment Holdings
Wisconsin
$16.6M +$3.54M +66,244 +28%
State of Tennessee, Department of Treasury
68
State of Tennessee, Department of Treasury
Tennessee
$16.5M +$13.7M +256,722 +617%
LT
69
Lindsell Train
United Kingdom
$16.2M
RJA
70
Raymond James & Associates
Florida
$15.2M +$3M +56,269 +26%
UBS Group
71
UBS Group
Switzerland
$15M -$38.7K -725 -0.3%
Schroder Investment Management Group
72
Schroder Investment Management Group
United Kingdom
$15M +$1.01M +18,999 +8%
AAMU
73
Amundi Asset Management US
Massachusetts
$14.7M -$4.67M -87,514 -25%
TCM
74
Tran Capital Management
California
$14.4M +$13.9M +260,286 New
DA
75
Denali Advisors
California
$14.2M -$699K -13,100 -5%

BF.B Hedge Fund Activity: Q2 2019 in Review

552 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q2 2019, worth a combined $8.11B — up 8.8% from $7.45B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new BF.B positions and 42 closed out — a net gain of 25 holders — while 195 added to existing stakes and 179 trimmed.

The largest buyer was Baird Financial Group, adding an estimated $351M. The largest seller was BlackRock, cutting an estimated $107M.

  • 552 institutional investors held Brown-Forman Class B (BF.B) as of Q2 2019, up from 537 in Q1 2019.
  • Funds reported $8.11B of Brown-Forman Class B stock for Q2 2019, up 8.8% quarter-over-quarter.
  • 67 funds opened new Brown-Forman Class B positions in Q2 2019 and 42 closed out, a net change of +25 holders.
  • The largest Brown-Forman Class B buyer in Q2 2019 was Baird Financial Group, an estimated $351M added.
  • The largest Brown-Forman Class B seller in Q2 2019 was BlackRock, an estimated $107M sold.

Based on aggregated 13F filings for Q2 2019.