Brown-Forman Class B
BF.B
581 hedge funds and large institutions have $8.48B invested in Brown-Forman Class B in 2020 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 180 increasing their positions, 225 reducing their positions, and 73 closing their positions.
59% more call options, than puts
Call options by funds: $7.98M | Put options by funds: $5.03M
0.24% more ownership
Funds ownership: 49.25% → 49.48% (+0.24%)
7% less first-time investments, than exits
New positions opened: 68 | Existing positions closed: 73
2% less funds holding
Funds holding: 591 → 581 (-10)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
17% less capital invested
Capital invested by funds: $10.3B → $8.48B (-$1.79B)
20% less repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 225
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$48.8M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$48.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$40.6M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$40.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$32.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
California Public Employees Retirement System
Sacramento,
California
|
-$40.1M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$33.4M |
| 3 |
BIAS
Beacon Investment Advisory Services
Morristown,
New Jersey
|
-$30.6M |
| 4 |
Goldman Sachs
New York
|
-$26.7M |
| 5 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$24.8M |
BF.B Hedge Fund Activity: Q1 2020 in Review
581 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q1 2020, worth a combined $8.48B — down 17% from $10.3B a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of BF.B and 68 opened new positions — a net loss of 5 holders — while 225 trimmed existing stakes and 180 added.
The largest buyer was Sumitomo Mitsui Trust Group, adding an estimated $48.8M. The largest seller was California Public Employees Retirement System, cutting an estimated $40.1M.
- 581 institutional investors held Brown-Forman Class B (BF.B) as of Q1 2020, down from 591 in Q4 2019.
- Funds reported $8.48B of Brown-Forman Class B stock for Q1 2020, down 17% quarter-over-quarter.
- 68 funds opened new Brown-Forman Class B positions in Q1 2020 and 73 closed out, a net change of -5 holders.
- The largest Brown-Forman Class B buyer in Q1 2020 was Sumitomo Mitsui Trust Group, an estimated $48.8M added.
- The largest Brown-Forman Class B seller in Q1 2020 was California Public Employees Retirement System, an estimated $40.1M sold.
Based on aggregated 13F filings for Q1 2020.