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Brown-Forman Class B

365 hedge funds and large institutions have $6.61B invested in Brown-Forman Class B in 2013 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 142 increasing their positions, 126 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more capital invested

Capital invested by funds: $4.48B → $6.61B (+$2.13B)

36% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 28

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

13% more repeat investments, than reductions

Existing positions increased: 142 | Existing positions reduced: 126

3.18% more ownership

Funds ownership: 160.55%163.73% (+3.2%)

2% more funds holding

Funds holding: 358365 (+7)

59% less call options, than puts

Call options by funds: $1.57M | Put options by funds: $3.86M

Holders
365
Holders Change
+7
Holders Change %
+1.96%
% of All Funds
11.83%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.26%
New
38
Increased
142
Reduced
126
Closed
28
Calls
$1.57M
Puts
$3.86M
Net Calls
-$2.29M
Net Calls Change
-$2.42M
Name Holding Trade Value Shares
Change
Change in
Stake
LTI
1
Laffer Tengler Investments
Tennessee
$2.01B
State Street
2
State Street
Massachusetts
$529M +$13.6M +602,506 +3%
Vanguard Group
3
Vanguard Group
Pennsylvania
$505M +$24.7M +1,095,831 +5%
BIT
4
BlackRock Institutional Trust
California
$278M +$7.12M +316,028 +3%
JHIU
5
Janus Henderson Investors US
Colorado
$174M +$6.75M +299,403 +4%
Bank of New York Mellon
6
Bank of New York Mellon
New York
$146M +$13.4M +593,862 +10%
O
7
OppenheimerFunds
New York
$131M +$5.26M +233,469 +4%
PNC Financial Services Group
8
PNC Financial Services Group
Pennsylvania
$127M -$9.73M -431,793 -7%
Northern Trust
9
Northern Trust
Illinois
$122M -$1.35M -59,894 -1%
BFA
10
BlackRock Fund Advisors
California
$121M +$6.47M +287,029 +5%
WRF
11
Waddell & Reed Financial
Kansas
$106M +$24.4M +1,083,593 +29%
JP Morgan Chase
12
JP Morgan Chase
New York
$93.3M -$28.4M -1,261,000 -23%
American Century Companies
13
American Century Companies
Missouri
$87.7M -$5.34M -237,060 -6%
Baillie Gifford & Co
14
Baillie Gifford & Co
United Kingdom
$82.4M +$5.3M +235,310 +7%
CIC
15
Chilton Investment Company
Connecticut
$81.3M +$8.41M +373,178 +11%
T. Rowe Price Associates
16
T. Rowe Price Associates
Maryland
$77.8M +$2.21M +98,047 +3%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$76.3M +$7.48M +332,134 +10%
Norges Bank
18
Norges Bank
Norway
$65.2M -$4.31M -191,322 -6%
TCIM
19
TIAA CREF Investment Management
New York
$62M -$2.62M -116,159 -4%
BG
20
BlackRock Group
United Kingdom
$60.4M +$2.38M +105,822 +4%
Mitsubishi UFJ Trust & Banking
21
Mitsubishi UFJ Trust & Banking
Japan
$46M -$1.1M -48,963 -2%
Renaissance Technologies
22
Renaissance Technologies
New York
$44.1M +$20.1M +892,188 +79%
SCM
23
Sandler Capital Management
New York
$43.8M +$22.4M +995,625 +98%
FCM
24
Frontier Capital Management
Massachusetts
$42.6M -$1.51M -67,219 -3%
WCM
25
Winton Capital Management
United Kingdom
$40.5M -$8.48M -376,188 -17%

BF.B Hedge Fund Activity: Q3 2013 in Review

365 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q3 2013, worth a combined $6.61B — up 47% from $4.48B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new BF.B positions and 28 closed out — a net gain of 10 holders — while 142 added to existing stakes and 126 trimmed.

The largest buyer was Putnam Investments, adding an estimated $29.6M. The largest seller was Atlas Brown, cutting an estimated $72.5M.

  • 365 institutional investors held Brown-Forman Class B (BF.B) as of Q3 2013, up from 358 in Q2 2013.
  • Funds reported $6.61B of Brown-Forman Class B stock for Q3 2013, up 47% quarter-over-quarter.
  • 38 funds opened new Brown-Forman Class B positions in Q3 2013 and 28 closed out, a net change of +10 holders.
  • The largest Brown-Forman Class B buyer in Q3 2013 was Putnam Investments, an estimated $29.6M added.
  • The largest Brown-Forman Class B seller in Q3 2013 was Atlas Brown, an estimated $72.5M sold.

Based on aggregated 13F filings for Q3 2013.