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Brown-Forman Class B

402 hedge funds and large institutions have $5.68B invested in Brown-Forman Class B in 2015 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 146 increasing their positions, 151 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more call options, than puts

Call options by funds: $13.4M | Put options by funds: $11.2M

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

3% less repeat investments, than reductions

Existing positions increased: 146 | Existing positions reduced: 151

1.42% less ownership

Funds ownership: 157.68%156.26% (-1.4%)

4% less funds holding

Funds holding: 419402 (-17)

22% less first-time investments, than exits

New positions opened: 35 | Existing positions closed: 45

29% less capital invested

Capital invested by funds: $8.02B → $5.68B (-$2.34B)

Holders
402
Holders Change
-17
Holders Change %
-4.06%
% of All Funds
10.71%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.19%
New
35
Increased
146
Reduced
151
Closed
45
Calls
$13.4M
Puts
$11.2M
Net Calls
+$2.24M
Net Calls Change
+$2.29M
Name Holding Trade Value Shares
Change
Change in
Stake
Korea Investment Corp
126
Korea Investment Corp
South Korea
$4.44M +$756K +26,250 +21%
NFA
127
Nationwide Fund Advisors
Ohio
$4.38M -$43.6K -1,512 -1%
Natixis Advisors
128
Natixis Advisors
Massachusetts
$4.27M +$383K +13,275 +10%
ERSOT
129
Employees Retirement System of Texas
Texas
$4.2M +$270K +9,375 +7%
HHC
130
Hutchin Hill Capital
New York
$4.16M +$4.14M +143,750 New
Adage Capital Partners
131
Adage Capital Partners
Massachusetts
$4.08M
OC
132
Oppenheimer & Co
New York
$4.07M -$76.8K -2,665 -2%
EVM
133
Eaton Vance Management
Massachusetts
$4.07M -$13.6M -472,550 -77%
Bank of Montreal
134
Bank of Montreal
Ontario, Canada
$4.07M +$325K +11,287 +9%
HIC
135
Harvey Investment Company
Kentucky
$3.98M -$568K -19,703 -13%
USAA
136
United Services Automobile Association
Texas
$3.98M +$150K +5,197 +4%
LIA
137
LS Investment Advisors
Michigan
$3.95M +$261K +9,072 +7%
M&T Bank
138
M&T Bank
New York
$3.78M -$32.7K -1,135 -0.9%
Nomura Holdings
139
Nomura Holdings
Japan
$3.58M +$1.35K +47 +0%
Axa
140
Axa
France
$3.5M -$18.8M -653,312 -84%
AG
141
Aperio Group
California
$3.48M +$136K +4,732 +4%
VRS
142
Virginia Retirement Systems
Virginia
$3.42M +$2.79K +97 +0.1%
NCCM
143
Nine Chapters Capital Management
New Jersey
$3.41M -$324K -11,250 -9%
EIM
144
ExxonMobil Investment Management
Texas
$3.39M +$52.9K +1,837 +2%
SAM
145
Shell Asset Management
Netherlands
$3.38M -$454K -15,772 -12%
IRF
146
IBM Retirement Fund
New York
$3.37M -$5.3K -184 -0.2%
GAM
147
Garrison Asset Management
Arkansas
$3.34M +$264K +9,169 +9%
HIMCH
148
Hartford Investment Management Co (HIMCO)
Connecticut
$3.33M -$152K -5,287 -4%
PAM
149
Panagora Asset Management
Massachusetts
$3.33M +$26.4K +916 +0.8%
CCMH
150
Cornerstone Capital Management Holdings
New York
$3.28M -$25.7K -891 -0.8%

BF.B Hedge Fund Activity: Q1 2015 in Review

402 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q1 2015, worth a combined $5.68B — down 29% from $8.02B a quarter earlier.

Sellers outnumbered buyers: 45 funds closed out of BF.B and 35 opened new positions — a net loss of 10 holders — while 151 trimmed existing stakes and 146 added.

The largest buyer was Franklin Resources, opening a new position worth an estimated $31.5M. The largest seller was PNC Financial Services Group, cutting an estimated $70.4M.

  • 402 institutional investors held Brown-Forman Class B (BF.B) as of Q1 2015, down from 419 in Q4 2014.
  • Funds reported $5.68B of Brown-Forman Class B stock for Q1 2015, down 29% quarter-over-quarter.
  • 35 funds opened new Brown-Forman Class B positions in Q1 2015 and 45 closed out, a net change of -10 holders.
  • The largest Brown-Forman Class B buyer in Q1 2015 was Franklin Resources, an estimated $31.5M added.
  • The largest Brown-Forman Class B seller in Q1 2015 was PNC Financial Services Group, an estimated $70.4M sold.

Based on aggregated 13F filings for Q1 2015.