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Brown-Forman Class B

368 hedge funds and large institutions have $5.1B invested in Brown-Forman Class B in 2013 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 108 increasing their positions, 152 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 34

1% more funds holding

Funds holding: 365368 (+3)

0.52% more ownership

Funds ownership: 163.73%164.25% (+0.52%)

13% less funds holding in top 10

Funds holding in top 10: 87 (-1)

23% less capital invested

Capital invested by funds: $6.61B → $5.1B (-$1.52B)

29% less repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 152

79% less call options, than puts

Call options by funds: $1.38M | Put options by funds: $6.62M

Holders
368
Holders Change
+3
Holders Change %
+0.82%
% of All Funds
10.68%
Holding in Top 10
7
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-12.5%
% of All Funds
0.2%
New
38
Increased
108
Reduced
152
Closed
34
Calls
$1.38M
Puts
$6.62M
Net Calls
-$5.24M
Net Calls Change
-$2.94M
Name Holding Trade Value Shares
Change
Change in
Stake
EAM
76
Edge Asset Management
Washington
$10.2M -$10.1M -428,312 -50%
APG Asset Management
77
APG Asset Management
Netherlands
$9.84M -$1.8M -76,831 -16%
VOYA Investment Management
78
VOYA Investment Management
Georgia
$9.5M -$68.3K -2,910 -0.7%
Chevy Chase Trust
79
Chevy Chase Trust
Maryland
$8.91M +$86K +3,666 +1%
PI
80
PGGM Investments
Netherlands
$8.64M +$8.38M +357,116 New
Barclays
81
Barclays
United Kingdom
$8.53M +$441K +18,785 +6%
MG
82
Markel Group
Virginia
$8.04M
Ameriprise
83
Ameriprise
Minnesota
$8.02M +$199K +8,500 +3%
MLICM
84
Metropolitan Life Insurance Company (MetLife)
New York
$7.91M -$95.1K -4,054 -1%
EA
85
Euclid Advisors
Connecticut
$7.61M +$7.38M +314,563 New
Caisse de Depot et Placement du Quebec (CDPQ)
86
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$7.57M -$1.83M -78,125 -20%
Retirement Systems of Alabama
87
Retirement Systems of Alabama
Alabama
$7.31M +$8.07K +344 +0.1%
GI
88
GAMCO Investors
Connecticut
$7.01M -$14.3K -610 -0.2%
Grantham, Mayo, Van Otterloo & Co (GMO)
89
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$6.8M -$309K -13,154 -4%
Korea Investment Corp
90
Korea Investment Corp
South Korea
$6.64M -$1.06M -45,000 -14%
HSBC Holdings
91
HSBC Holdings
United Kingdom
$6.33M -$6.77M -288,607 -52%
AAC
92
Asset Advisors Corp
Georgia
$6.01M +$23K +978 +0.4%
SG Americas Securities
93
SG Americas Securities
New York
$5.8M -$2.66M -113,172 -32%
BNP Paribas Financial Markets
94
BNP Paribas Financial Markets
France
$5.78M -$765K -32,587 -12%
BP
95
BBR Partners
New York
$5.73M
CLM
96
ClearBridge LLC (Maryland)
Maryland
$5.67M
TPSF
97
Texas Permanent School Fund
Texas
$5.67M -$427K -18,181 -7%
PAMU
98
Pictet Asset Management (UK)
United Kingdom
$5.55M
BCIM
99
British Columbia Investment Management
British Columbia, Canada
$5.17M -$487K -20,740 -9%
Brown Advisory
100
Brown Advisory
Maryland
$5.08M

BF.B Hedge Fund Activity: Q4 2013 in Review

368 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2013, worth a combined $5.1B — down 23% from $6.61B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new BF.B positions and 34 closed out — a net gain of 4 holders — while 108 added to existing stakes and 152 trimmed.

The largest buyer was State Street, adding an estimated $25.6M. The largest seller was Janus Henderson Investors US, cutting an estimated $31.9M.

  • 368 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2013, up from 365 in Q3 2013.
  • Funds reported $5.1B of Brown-Forman Class B stock for Q4 2013, down 23% quarter-over-quarter.
  • 38 funds opened new Brown-Forman Class B positions in Q4 2013 and 34 closed out, a net change of +4 holders.
  • The largest Brown-Forman Class B buyer in Q4 2013 was State Street, an estimated $25.6M added.
  • The largest Brown-Forman Class B seller in Q4 2013 was Janus Henderson Investors US, an estimated $31.9M sold.

Based on aggregated 13F filings for Q4 2013.