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Brown-Forman Class B

368 hedge funds and large institutions have $5.1B 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.

New
Increased
Maintained
Reduced
Closed

12% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 34

1% more funds holding

Funds holding: 365368 (+3)

0.52% more ownership

Funds ownership: 163.73%164.25% (+0.52%)

13% less funds holding in top 10

Funds holding in top 10: 87 (-1)

23% less capital invested

Capital invested by funds: $6.61B → $5.1B (-$1.52B)

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

Holders
368
Holders Change
+3
Holders Change %
+0.82%
% of All Funds
10.68%
Holding in Top 10
7
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-12.5%
% of All Funds
0.2%
New
38
Increased
108
Reduced
152
Closed
34
Calls
$1.38M
Puts
$6.62M
Net Calls
-$5.24M
Net Calls Change
-$2.94M
Name Holding Trade Value Shares
Change
Change in
Stake
State Street
1
State Street
Massachusetts
$613M +$25.6M +1,088,834 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$567M +$6.9M +293,881 +1%
BIT
3
BlackRock Institutional Trust
California
$305M -$2.45M -104,347 -0.8%
JHIU
4
Janus Henderson Investors US
Colorado
$160M -$31.9M -1,360,231 -17%
Bank of New York Mellon
5
Bank of New York Mellon
New York
$157M -$5.2M -221,534 -3%
O
6
OppenheimerFunds
New York
$142M -$3.25M -138,344 -2%
PNC Financial Services Group
7
PNC Financial Services Group
Pennsylvania
$141M -$505K -21,516 -0.4%
BFA
8
BlackRock Fund Advisors
California
$138M +$3.97M +169,171 +3%
Northern Trust
9
Northern Trust
Illinois
$135M -$149K -6,341 -0.1%
WRF
10
Waddell & Reed Financial
Kansas
$132M +$14M +595,647 +12%
American Century Companies
11
American Century Companies
Missouri
$121M +$23.1M +983,094 +24%
JP Morgan Chase
12
JP Morgan Chase
New York
$94.9M -$8.28M -352,637 -8%
Baillie Gifford & Co
13
Baillie Gifford & Co
United Kingdom
$89.1M -$2.25M -95,882 -3%
CIC
14
Chilton Investment Company
Connecticut
$88.6M -$1.51M -64,310 -2%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$88.2M +$3.44M +146,591 +4%
T. Rowe Price Associates
16
T. Rowe Price Associates
Maryland
$81.6M -$4.62M -196,766 -6%
TCIM
17
TIAA CREF Investment Management
New York
$68.3M -$382K -16,272 -0.6%
BG
18
BlackRock Group
United Kingdom
$64.7M -$2.15M -91,656 -3%
Norges Bank
19
Norges Bank
Norway
$62.7M -$9.29M -396,072 -13%
LCOV
20
London Company of Virginia
Virginia
$53.2M +$10.3M +439,478 +25%
Mitsubishi UFJ Trust & Banking
21
Mitsubishi UFJ Trust & Banking
Japan
$52.5M +$1.5M +63,997 +3%
FCM
22
Frontier Capital Management
Massachusetts
$48.6M +$1.27M +54,313 +3%
PI
23
Putnam Investments
Massachusetts
$47.4M +$14.7M +628,128 +47%
WCM
24
Winton Capital Management
United Kingdom
$45.9M +$1.01M +43,144 +2%
Wells Fargo
25
Wells Fargo
California
$45.8M +$7.09M +302,194 +19%

BF.B Hedge Fund Activity: Q4 2013 in Review

368 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2013, worth a combined $5.1B — down 23% from $6.61B 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 Janus Henderson Investors US, cutting an estimated $31.9M.

  • 368 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2013, up from 365 in Q3 2013.
  • Funds reported $5.1B of Brown-Forman Class B stock for Q4 2013, down 23% 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 Janus Henderson Investors US, an estimated $31.9M sold.

Based on aggregated 13F filings for Q4 2013.