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Brown-Forman Class B

599 hedge funds and large institutions have $9.51B invested in Brown-Forman Class B in 2020 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 190 increasing their positions, 235 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

241% more call options, than puts

Call options by funds: $8.5M | Put options by funds: $2.5M

46% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 46

12% more capital invested

Capital invested by funds: $8.48B → $9.51B (+$1.03B)

3% more funds holding

Funds holding: 581599 (+18)

1.08% less ownership

Funds ownership: 49.48%48.4% (-1.1%)

13% less funds holding in top 10

Funds holding in top 10: 87 (-1)

19% less repeat investments, than reductions

Existing positions increased: 190 | Existing positions reduced: 235

Holders
599
Holders Change
+18
Holders Change %
+3.1%
% of All Funds
12.28%
Holding in Top 10
7
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-12.5%
% of All Funds
0.14%
New
67
Increased
190
Reduced
235
Closed
46
Calls
$8.5M
Puts
$2.5M
Net Calls
+$6.01M
Net Calls Change
+$3.06M
Name Holding Trade Value Shares
Change
Change in
Stake
BCM
51
Bridgeway Capital Management
Texas
$27.6M -$10.7M -167,600 -28%
Royal Bank of Canada
52
Royal Bank of Canada
Ontario, Canada
$27.4M +$274K +4,294 +1%
AQR Capital Management
53
AQR Capital Management
Connecticut
$25.8M -$5.17M -81,120 -17%
GWI
54
Grace & White Inc
New York
$25.2M +$25.3M +396,127 New
RhumbLine Advisers
55
RhumbLine Advisers
Massachusetts
$25.2M -$351K -5,501 -1%
BIAS
56
Beacon Investment Advisory Services
New Jersey
$25.2M +$25.2M +395,103 New
EVM
57
Eaton Vance Management
Massachusetts
$24.5M +$16.9K +265 +0.1%
Deutsche Bank
58
Deutsche Bank
Germany
$22.8M -$1.57M -24,681 -6%
UBS Group
59
UBS Group
Switzerland
$21.9M -$624K -9,781 -3%
Mitsubishi UFJ Trust & Banking
60
Mitsubishi UFJ Trust & Banking
Japan
$21.2M -$4.25M -66,581 -17%
Squarepoint
61
Squarepoint
New York
$20.8M +$18.2M +286,033 +708%
California State Teachers Retirement System (CalSTRS)
62
California State Teachers Retirement System (CalSTRS)
California
$20.7M +$1.19M +18,711 +6%
State Board of Administration of Florida Retirement System
63
State Board of Administration of Florida Retirement System
Florida
$20.2M -$353K -5,528 -2%
AllianceBernstein
64
AllianceBernstein
Tennessee
$19.8M -$1.27M -19,901 -6%
NA
65
NewEdge Advisors
Louisiana
$19.8M +$1.29M +20,290 +7%
MAM
66
Madison Asset Management
Wisconsin
$19.2M -$63.5K -995 -0.3%
LT
67
Lindsell Train
United Kingdom
$18.5M
RJA
68
Raymond James & Associates
Florida
$17.4M +$1.18M +18,527 +7%
Axa
69
Axa
France
$17.3M +$1.6M +25,090 +10%
MSV
70
MN Services Vermogensbeheer
Netherlands
$16.8M -$121K -1,900 -0.7%
AG
71
Aperio Group
California
$15.1M -$26.2K -411 -0.2%
New York State Teachers Retirement System (NYSTRS)
72
New York State Teachers Retirement System (NYSTRS)
New York
$14.9M +$702 +11 +0%
Wellington Management Group
73
Wellington Management Group
Massachusetts
$14.7M +$14.3M +223,564 +3,079%
State of New Jersey Common Pension Fund D
74
State of New Jersey Common Pension Fund D
New Jersey
$14.4M +$14.4M +226,188 New
BCM
75
Bowie Capital Management
Texas
$14.2M -$255K -4,000 -2%

BF.B Hedge Fund Activity: Q2 2020 in Review

599 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q2 2020, worth a combined $9.51B — up 12% from $8.48B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new BF.B positions and 46 closed out — a net gain of 21 holders — while 190 added to existing stakes and 235 trimmed.

The largest buyer was Invesco, adding an estimated $62.5M. The largest seller was Janus Henderson Group, cutting an estimated $81.1M.

  • 599 institutional investors held Brown-Forman Class B (BF.B) as of Q2 2020, up from 581 in Q1 2020.
  • Funds reported $9.51B of Brown-Forman Class B stock for Q2 2020, up 12% quarter-over-quarter.
  • 67 funds opened new Brown-Forman Class B positions in Q2 2020 and 46 closed out, a net change of +21 holders.
  • The largest Brown-Forman Class B buyer in Q2 2020 was Invesco, an estimated $62.5M added.
  • The largest Brown-Forman Class B seller in Q2 2020 was Janus Henderson Group, an estimated $81.1M sold.

Based on aggregated 13F filings for Q2 2020.