Brown-Forman Class B
BF.B
368 hedge funds and large institutions have $5.11B 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.
12% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 34
8% more capital invested
Capital invested by funds: $4.74B → $5.11B (+$367M)
1% more funds holding
Funds holding: 365 → 368 (+3)
1.21% less ownership
Funds ownership: 53.77% → 52.56% (-1.2%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$25.6M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$23.1M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$17.6M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$14.7M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$144M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$31.9M |
| 3 |
SCM
Sandler Capital Management
New York
|
-$30.4M |
| 4 |
Renaissance Technologies
New York
|
-$27.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$19.1M |
BF.B Hedge Fund Activity: Q4 2013 in Review
368 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2013, worth a combined $5.11B — up 7.7% from $4.74B 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 OppenheimerFunds, cutting an estimated $144M.
- 368 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2013, up from 365 in Q3 2013.
- Funds reported $5.11B of Brown-Forman Class B stock for Q4 2013, up 7.7% 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 OppenheimerFunds, an estimated $144M sold.
Based on aggregated 13F filings for Q4 2013.