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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
SOMRS
101
State of Michigan Retirement System
Michigan
$4.97M -$22K -938 -0.5%
AAF
102
Andra AP-fonden
Sweden
$4.84M -$1.25M -53,125 -21%
SYBT
103
Stock Yards Bank & Trust
Kentucky
$4.83M -$49.8K -2,122 -1%
NFA
104
Nationwide Fund Advisors
Ohio
$4.7M +$37.3K +1,591 +0.8%
Public Sector Pension Investment Board (PSP Investments)
105
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$4.57M +$462K +19,688 +12%
IRF
106
IBM Retirement Fund
New York
$4.54M -$163K -6,938 -4%
1IC
107
1919 Investment Counsel
Maryland
$4.54M -$77.4K -3,297 -2%
PL
108
Parthenon LLC
Kentucky
$4.5M
Nisa Investment Advisors
109
Nisa Investment Advisors
Missouri
$4.42M -$381K -16,250 -8%
Nordea Investment Management
110
Nordea Investment Management
Sweden
$4.4M +$4.12M +175,718 +2,772%
Canada Life
111
Canada Life
Manitoba, Canada
$4.4M +$280K +11,919 +7%
DILH
112
Dai-ichi Life Holdings
Japan
$4.38M -$93.3K -3,975 -2%
Ohio Public Employees Retirement System (OPERS)
113
Ohio Public Employees Retirement System (OPERS)
Ohio
$4.38M +$789K +33,625 +23%
CIM
114
Confluence Investment Management
Missouri
$4.35M +$786K +33,491 +23%
TSU
115
TD Securities (USA)
New York
$4.32M +$112K +4,785 +3%
RC
116
RBO & Co
California
$4.26M
WT
117
Whittier Trust
California
$4.25M
AIG
118
American International Group
New York
$4.2M -$33K -1,406 -0.8%
U
119
UBS
Switzerland
$4.17M -$199K -8,462 -5%
TTWM
120
TCV Trust & Wealth Management
Virginia
$4.16M
WDA
121
Wendell David Associates
New Hampshire
$4.1M +$270K +11,490 +7%
HIC
122
Harvey Investment Company
Kentucky
$4.01M -$1.14M -48,719 -23%
CIA
123
Covington Investment Advisors
Pennsylvania
$4M +$75.2K +3,203 +2%
Comerica Bank
124
Comerica Bank
Texas
$3.94M -$231K -9,853 -6%
Fifth Third Bancorp
125
Fifth Third Bancorp
Ohio
$3.94M +$23.3K +991 +0.6%

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.