Brown-Forman Class B
BF.B
365 hedge funds and large institutions have $6.61B invested in Brown-Forman Class B in 2013 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 142 increasing their positions, 126 reducing their positions, and 28 closing their positions.
47% more capital invested
Capital invested by funds: $4.48B → $6.61B (+$2.13B)
36% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 28
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
13% more repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 126
3.18% more ownership
Funds ownership: 160.55% → 163.73% (+3.2%)
2% more funds holding
Funds holding: 358 → 365 (+7)
59% less call options, than puts
Call options by funds: $1.57M | Put options by funds: $3.86M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$29.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24.7M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$24.4M |
| 4 |
SCM
Sandler Capital Management
New York
|
+$22.4M |
| 5 |
Renaissance Technologies
New York
|
+$20.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AB
Atlas Brown
Louisville,
Kentucky
|
-$72.5M |
| 2 |
JP Morgan Chase
New York
|
-$28.4M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$9.73M |
| 4 |
WCM
Winton Capital Management
London,
United Kingdom
|
-$8.48M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$7.89M |
BF.B Hedge Fund Activity: Q3 2013 in Review
365 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q3 2013, worth a combined $6.61B — up 47% from $4.48B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new BF.B positions and 28 closed out — a net gain of 10 holders — while 142 added to existing stakes and 126 trimmed.
The largest buyer was Putnam Investments, adding an estimated $29.6M. The largest seller was Atlas Brown, cutting an estimated $72.5M.
- 365 institutional investors held Brown-Forman Class B (BF.B) as of Q3 2013, up from 358 in Q2 2013.
- Funds reported $6.61B of Brown-Forman Class B stock for Q3 2013, up 47% quarter-over-quarter.
- 38 funds opened new Brown-Forman Class B positions in Q3 2013 and 28 closed out, a net change of +10 holders.
- The largest Brown-Forman Class B buyer in Q3 2013 was Putnam Investments, an estimated $29.6M added.
- The largest Brown-Forman Class B seller in Q3 2013 was Atlas Brown, an estimated $72.5M sold.
Based on aggregated 13F filings for Q3 2013.