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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
CA
126
Commerzbank Aktiengesellschaft
Germany
$3.92M -$934K -39,806 -20%
Aviva
127
Aviva
United Kingdom
$3.82M +$1.27M +54,275 +52%
BFA
128
Bragg Financial Advisors
North Carolina
$3.8M -$67.2K -2,862 -2%
OC
129
Oppenheimer & Co
New York
$3.8M +$5.58K +238 +0.2%
SAM
130
Shell Asset Management
Netherlands
$3.76M +$675K +28,781 +23%
Millennium Management
131
Millennium Management
New York
$3.72M -$4.11M -174,981 -53%
State of Tennessee, Department of Treasury
132
State of Tennessee, Department of Treasury
Tennessee
$3.57M +$36.7K +1,563 +1%
UMA
133
USA Mutuals Advisors
Texas
$3.55M +$139K +5,937 +4%
ASRS
134
Arizona State Retirement System
Arizona
$3.5M -$103K -4,375 -3%
PAM
135
Panagora Asset Management
Massachusetts
$3.4M -$585K -24,909 -15%
EVM
136
Eaton Vance Management
Massachusetts
$3.4M
MSA
137
Mason Street Advisors
Wisconsin
$3.38M -$260K -11,075 -7%
HIMCH
138
Hartford Investment Management Co (HIMCO)
Connecticut
$3.37M -$47.4K -2,019 -1%
BST
139
Bath Savings Trust
Maine
$3.34M +$243K +10,341 +8%
Robeco Institutional Asset Management
140
Robeco Institutional Asset Management
Netherlands
$3.31M
USAA
141
United Services Automobile Association
Texas
$3.24M -$781K -33,281 -20%
EIM
142
ExxonMobil Investment Management
Texas
$3.19M -$75K -3,194 -2%
ProShare Advisors
143
ProShare Advisors
Maryland
$3.16M +$2.18M +93,041 +247%
LG
144
Laidlaw Group
New York
$3.15M +$6.15K +262 +0.2%
LBG
145
Lloyds Banking Group
United Kingdom
$3.07M +$296K +12,615 +11%
GT
146
Glenview Trust
Kentucky
$3.06M +$11.8M +502,641 New
Thrivent Financial for Lutherans
147
Thrivent Financial for Lutherans
Minnesota
$2.96M -$616K -26,250 -18%
CCMH
148
Cornerstone Capital Management Holdings
New York
$2.93M -$78.1K -3,328 -3%
HIMC
149
Heritage Investors Management Corp
Maryland
$2.86M -$9.11K -388 -0.3%
Kayne Anderson Rudnick Investment Management
150
Kayne Anderson Rudnick Investment Management
California
$2.78M -$39K -1,663 -1%

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.