Brown-Forman Class B
BF.B
537 hedge funds and large institutions have $7.45B invested in Brown-Forman Class B in 2019 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 204 increasing their positions, 159 reducing their positions, and 32 closing their positions.
10,435% more call options, than puts
Call options by funds: $2.74M | Put options by funds: $26K
100% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 32
28% more repeat investments, than reductions
Existing positions increased: 204 | Existing positions reduced: 159
21% more capital invested
Capital invested by funds: $6.18B → $7.45B (+$1.27B)
6% more funds holding
Funds holding: 507 → 537 (+30)
3.25% more ownership
Funds ownership: 42.65% → 45.9% (+3.3%)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$241M |
| 2 |
BBHC
Brown Brothers Harriman & Co
New York
|
+$132M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$30.9M |
| 4 |
State Street
Boston,
Massachusetts
|
+$28M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$20.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$40.6M |
| 2 |
SIC
Schwartz Investment Counsel
Plymouth,
Michigan
|
-$34.3M |
| 3 |
Millennium Management
New York
|
-$30.3M |
| 4 |
Retirement Systems of Alabama
Montgomery,
Alabama
|
-$22.2M |
| 5 |
GRQ
Gardner Russo & Quinn
Lancaster,
Pennsylvania
|
-$19.9M |
BF.B Hedge Fund Activity: Q1 2019 in Review
537 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q1 2019, worth a combined $7.45B — up 21% from $6.18B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new BF.B positions and 32 closed out — a net gain of 32 holders — while 204 added to existing stakes and 159 trimmed.
The largest buyer was Brown Advisory, adding an estimated $241M. The largest seller was Janus Henderson Group, cutting an estimated $40.6M.
- 537 institutional investors held Brown-Forman Class B (BF.B) as of Q1 2019, up from 507 in Q4 2018.
- Funds reported $7.45B of Brown-Forman Class B stock for Q1 2019, up 21% quarter-over-quarter.
- 64 funds opened new Brown-Forman Class B positions in Q1 2019 and 32 closed out, a net change of +32 holders.
- The largest Brown-Forman Class B buyer in Q1 2019 was Brown Advisory, an estimated $241M added.
- The largest Brown-Forman Class B seller in Q1 2019 was Janus Henderson Group, an estimated $40.6M sold.
Based on aggregated 13F filings for Q1 2019.