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Brown-Forman Class B

626 hedge funds and large institutions have $11.2B invested in Brown-Forman Class B in 2020 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 194 increasing their positions, 233 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,055% more call options, than puts

Call options by funds: $10.2M | Put options by funds: $880K

81% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 37

18% more capital invested

Capital invested by funds: $9.51B → $11.2B (+$1.7B)

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

5% more funds holding

Funds holding: 599626 (+27)

0.05% less ownership

Funds ownership: 48.4%48.36% (-0.05%)

17% less repeat investments, than reductions

Existing positions increased: 194 | Existing positions reduced: 233

Holders
626
Holders Change
+27
Holders Change %
+4.51%
% of All Funds
12.63%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.16%
New
67
Increased
194
Reduced
233
Closed
37
Calls
$10.2M
Puts
$880K
Net Calls
+$9.29M
Net Calls Change
+$3.28M
Name Holding Trade Value Shares
Change
Change in
Stake
BST
101
Bath Savings Trust
Maine
$12.4M -$255K -3,567 -2%
CSS
102
Cubist Systematic Strategies
Connecticut
$12.3M +$410K +5,729 +4%
State of Wisconsin Investment Board
103
State of Wisconsin Investment Board
Wisconsin
$12.2M +$1.24M +17,355 +12%
AWM
104
Absher Wealth Management
North Carolina
$12.2M -$299K -4,171 -3%
HSBC Holdings
105
HSBC Holdings
United Kingdom
$11.9M +$1.34M +18,656 +13%
Connor, Clark & Lunn Investment Management (CC&L)
106
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$11.8M +$5.2M +72,644 +87%
Janus Henderson Group
107
Janus Henderson Group
United Kingdom
$11.5M -$41.2M -575,902 -79%
Asset Management One
108
Asset Management One
Japan
$11.3M -$317K -4,424 -3%
UB
109
UMB Bank
Missouri
$11.2M
GF
110
Gabelli Funds
New York
$11.1M
WT
111
Whittier Trust
California
$10.5M
Janney Montgomery Scott
112
Janney Montgomery Scott
Pennsylvania
$10.4M +$469K +6,555 +5%
Chevy Chase Trust
113
Chevy Chase Trust
Maryland
$10.2M -$817K -11,410 -8%
US Bancorp
114
US Bancorp
Minnesota
$10.2M -$587K -8,199 -6%
Toronto Dominion Bank
115
Toronto Dominion Bank
Ontario, Canada
$10.1M -$427K -5,960 -4%
CIBC Private Wealth Group
116
CIBC Private Wealth Group
Georgia
$10.1M -$334K -4,669 -3%
Ameriprise
117
Ameriprise
Minnesota
$10M +$574K +8,022 +6%
CIA
118
Covington Investment Advisors
Pennsylvania
$9.72M -$1.68M -23,475 -15%
Commonwealth Equity Services
119
Commonwealth Equity Services
Massachusetts
$9.68M -$72.9K -1,019 -0.8%
WDA
120
Wendell David Associates
New Hampshire
$9.27M -$119K -1,657 -1%
Nomura Asset Management
121
Nomura Asset Management
Japan
$9.23M +$139K +1,937 +2%
NIPH
122
NN Investment Partners Holdings
Netherlands
$9.22M +$3.39M +47,422 +63%
CPO
123
Cerity Partners OCIO
New York
$9.19M +$907K +12,668 +12%
PL
124
Parthenon LLC
Kentucky
$8.97M
SAM
125
Silvercrest Asset Management
New York
$8.96M -$908K -12,681 -10%

BF.B Hedge Fund Activity: Q3 2020 in Review

626 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q3 2020, worth a combined $11.2B — up 18% from $9.51B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new BF.B positions and 37 closed out — a net gain of 30 holders — while 194 added to existing stakes and 233 trimmed.

The largest buyer was Fundsmith LLP, adding an estimated $27.8M. The largest seller was Brown Brothers Harriman & Co, cutting an estimated $63.1M.

  • 626 institutional investors held Brown-Forman Class B (BF.B) as of Q3 2020, up from 599 in Q2 2020.
  • Funds reported $11.2B of Brown-Forman Class B stock for Q3 2020, up 18% quarter-over-quarter.
  • 67 funds opened new Brown-Forman Class B positions in Q3 2020 and 37 closed out, a net change of +30 holders.
  • The largest Brown-Forman Class B buyer in Q3 2020 was Fundsmith LLP, an estimated $27.8M added.
  • The largest Brown-Forman Class B seller in Q3 2020 was Brown Brothers Harriman & Co, an estimated $63.1M sold.

Based on aggregated 13F filings for Q3 2020.