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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
VOYA Investment Management
126
VOYA Investment Management
Georgia
$8.61M -$268K -3,740 -3%
BNP Paribas Financial Markets
127
BNP Paribas Financial Markets
France
$8.6M -$111K -1,555 -1%
TTWM
128
TCV Trust & Wealth Management
Virginia
$8.56M
TD Asset Management
129
TD Asset Management
Ontario, Canada
$8.46M -$7.73M -108,025 -49%
Comerica Bank
130
Comerica Bank
Texas
$8.37M -$56K -783 -0.7%
FAF
131
Fjarde Ap-fonden
Sweden
$8.23M +$494K +6,900 +7%
Nisa Investment Advisors
132
Nisa Investment Advisors
Missouri
$8.15M
SYBT
133
Stock Yards Bank & Trust
Kentucky
$7.88M -$95.1K -1,329 -1%
Canada Pension Plan Investment Board
134
Canada Pension Plan Investment Board
Ontario, Canada
$7.77M -$5.46M -76,349 -43%
BCM
135
Bowie Capital Management
Texas
$7.76M -$8.59M -120,000 -54%
RG
136
Rathbones Group
United Kingdom
$7.62M +$335K +4,674 +5%
MC
137
Maverick Capital
Texas
$7.54M +$4.03M +56,372 +129%
SIMG
138
Stephens Investment Management Group
Texas
$7.44M -$179K -2,496 -2%
TCM
139
Tran Capital Management
California
$7.16M -$5.93M -82,832 -47%
RIM
140
Regent Investment Management
Kentucky
$7.13M -$2.47M -34,511 -27%
ASRS
141
Arizona State Retirement System
Arizona
$7.08M +$1.54M +21,464 +30%
AAIM
142
Asset Advisors Investment Management
Georgia
$6.7M -$21.5K -300 -0.3%
LPL Financial
143
LPL Financial
California
$6.7M +$165K +2,312 +3%
DCM
144
Dupont Capital Management
Delaware
$6.66M +$274K +3,829 +5%
Aviva
145
Aviva
United Kingdom
$6.65M -$607K -8,487 -9%
RFC
146
Regions Financial Corp
Alabama
$6.38M +$170K +2,376 +3%
Korea Investment Corp
147
Korea Investment Corp
South Korea
$6.37M +$172K +2,400 +3%
LIA
148
LS Investment Advisors
Michigan
$5.89M +$166K +2,324 +3%
Ohio Public Employees Retirement System (OPERS)
149
Ohio Public Employees Retirement System (OPERS)
Ohio
$5.85M +$449K +6,272 +9%
CIC
150
Crawford Investment Counsel
Georgia
$5.84M +$160K +2,236 +3%

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.