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Brown-Forman Class B

507 hedge funds and large institutions have $6.18B invested in Brown-Forman Class B in 2018 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 160 increasing their positions, 184 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

175% more funds holding in top 10

Funds holding in top 10: 411 (+7)

52% more call options, than puts

Call options by funds: $945K | Put options by funds: $623K

0.11% less ownership

Funds ownership: 42.76%42.65% (-0.11%)

1% less funds holding

Funds holding: 512507 (-5)

5% less first-time investments, than exits

New positions opened: 54 | Existing positions closed: 57

8% less capital invested

Capital invested by funds: $6.73B → $6.18B (-$549M)

13% less repeat investments, than reductions

Existing positions increased: 160 | Existing positions reduced: 184

Holders
507
Holders Change
-5
Holders Change %
-0.98%
% of All Funds
11.3%
Holding in Top 10
11
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+175%
% of All Funds
0.25%
New
54
Increased
160
Reduced
184
Closed
57
Calls
$945K
Puts
$623K
Net Calls
+$322K
Net Calls Change
+$5.45M
Name Holding Trade Value Shares
Change
Change in
Stake
Canada Life
101
Canada Life
Manitoba, Canada
$7.04M -$102K -2,140 -1%
SAM
102
Silvercrest Asset Management
New York
$6.98M
CIA
103
Covington Investment Advisors
Pennsylvania
$6.83M +$1.52K +32 +0%
WT
104
Whittier Trust
California
$6.69M
ASRS
105
Arizona State Retirement System
Arizona
$6.65M -$1.26M -26,521 -16%
UMA
106
USA Mutuals Advisors
Texas
$6.57M +$214K +4,500 +3%
BCM
107
Bowie Capital Management
Texas
$6.57M +$1.05M +22,000 +19%
Chevy Chase Trust
108
Chevy Chase Trust
Maryland
$6.51M -$72.2K -1,520 -1%
Nisa Investment Advisors
109
Nisa Investment Advisors
Missouri
$6.42M -$14.3K -300 -0.2%
Stifel Financial
110
Stifel Financial
Missouri
$6.41M +$299K +6,292 +5%
TIA
111
Tandem Investment Advisors
South Carolina
$6.4M +$513K +10,803 +9%
WDA
112
Wendell David Associates
New Hampshire
$6.25M -$18.5K -390 -0.3%
Royal London Asset Management
113
Royal London Asset Management
United Kingdom
$6.13M +$6.14M +129,267 New
VOYA Investment Management
114
VOYA Investment Management
Georgia
$6.12M -$14.2K -299 -0.2%
PL
115
Parthenon LLC
Kentucky
$5.94M
FBT
116
First Bankers Trust
Kentucky
$5.74M +$2.84M +59,686 +98%
Man Group
117
Man Group
United Kingdom
$5.68M +$2.42M +50,969 +75%
Commonwealth Equity Services
118
Commonwealth Equity Services
Massachusetts
$5.61M -$28.3K -596 -0.5%
Treasurer of the State of North Carolina
119
Treasurer of the State of North Carolina
North Carolina
$5.54M +$140K +2,937 +3%
TTWM
120
TCV Trust & Wealth Management
Virginia
$5.51M
Aviva
121
Aviva
United Kingdom
$5.48M -$1.57M -32,945 -22%
Toronto Dominion Bank
122
Toronto Dominion Bank
Ontario, Canada
$5.39M -$354K -7,449 -6%
USAA
123
United Services Automobile Association
Texas
$5.13M -$1.28M -26,850 -20%
BTS
124
BB&T Securities
Virginia
$5.12M +$569K +11,980 +13%
US Bancorp
125
US Bancorp
Minnesota
$4.83M +$54.7K +1,151 +1%

BF.B Hedge Fund Activity: Q4 2018 in Review

507 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2018, worth a combined $6.18B — down 8.2% from $6.73B a quarter earlier.

Sellers outnumbered buyers: 57 funds closed out of BF.B and 54 opened new positions — a net loss of 3 holders — while 184 trimmed existing stakes and 160 added.

The largest buyer was Brown Brothers Harriman & Co, adding an estimated $103M. The largest seller was Millennium Management, cutting an estimated $61.9M.

  • 507 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2018, down from 512 in Q3 2018.
  • Funds reported $6.18B of Brown-Forman Class B stock for Q4 2018, down 8.2% quarter-over-quarter.
  • 54 funds opened new Brown-Forman Class B positions in Q4 2018 and 57 closed out, a net change of -3 holders.
  • The largest Brown-Forman Class B buyer in Q4 2018 was Brown Brothers Harriman & Co, an estimated $103M added.
  • The largest Brown-Forman Class B seller in Q4 2018 was Millennium Management, an estimated $61.9M sold.

Based on aggregated 13F filings for Q4 2018.