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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
URS
176
Utah Retirement Systems
Utah
$2.5M +$4.75K +100 +0.2%
NIM
177
Northeast Investment Management
Massachusetts
$2.48M -$243K -5,105 -9%
Russell Investments Group
178
Russell Investments Group
United Kingdom
$2.45M -$3.49M -73,425 -59%
Aberdeen Group
179
Aberdeen Group
United Kingdom
$2.34M -$810K -17,042 -26%
Zurich Cantonal Bank
180
Zurich Cantonal Bank
Switzerland
$2.32M
SO
181
STRS Ohio
Ohio
$2.31M +$205K +4,312 +10%
Public Employees Retirement Association of Colorado
182
Public Employees Retirement Association of Colorado
Colorado
$2.29M -$5.66K -119 -0.2%
LWCFA
183
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$2.29M +$21.1K +445 +0.9%
MIM
184
MetLife Investment Management
New Jersey
$2.27M -$69.9K -1,470 -3%
SOMRS
185
State of Michigan Retirement System
Michigan
$2.26M -$124K -2,600 -5%
PAG
186
Private Advisor Group
New Jersey
$2.17M +$92K +1,935 +4%
F
187
F3Logic
Minnesota
$2.17M +$2.17M +45,617 New
SWP
188
Stratos Wealth Partners
Ohio
$2.15M +$41.9K +882 +2%
VIG
189
Vienna Insurance Group
Poland
$2.15M +$1.4M +29,513 +189%
Janney Montgomery Scott
190
Janney Montgomery Scott
Pennsylvania
$2.12M +$101K +2,129 +5%
CFGS
191
Concourse Financial Group Securities
Alabama
$2.08M +$2.07M +43,530 New
V
192
Veritable
Delaware
$2.08M -$19.4K -408 -0.9%
Comerica Bank
193
Comerica Bank
Texas
$2.08M +$47.6K +1,001 +2%
State of Tennessee, Department of Treasury
194
State of Tennessee, Department of Treasury
Tennessee
$2.05M +$260K +5,471 +15%
BFA
195
Bragg Financial Advisors
North Carolina
$2.04M -$78.9K -1,660 -4%
DnB Asset Management
196
DnB Asset Management
Norway
$2M +$8.03K +169 +0.4%
MLICM
197
Metropolitan Life Insurance Company (MetLife)
New York
$1.97M -$28.6K -602 -1%
IDBONY
198
Israel Discount Bank of New York
New York
$1.96M
AB
199
Amalgamated Bank
New York
$1.9M -$58.4K -1,228 -3%
AIM
200
Achmea Investment Management
Netherlands
$1.89M -$1.62M -34,087 -46%

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.