Brown-Forman Class B
BF.B
395 hedge funds and large institutions have $5.88B invested in Brown-Forman Class B in 2014 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 124 increasing their positions, 165 reducing their positions, and 30 closing their positions.
7% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 30
1% less funds holding
Funds holding: 401 → 395 (-6)
2.04% less ownership
Funds ownership: 52.6% → 50.56% (-2%)
8% less capital invested
Capital invested by funds: $6.39B → $5.88B (-$508M)
25% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 165
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$55.8M |
| 2 |
State Street
Boston,
Massachusetts
|
+$8.9M |
| 3 |
BNP Paribas Asset Management
Paris,
France
|
+$7.07M |
| 4 |
Capital Fund Management (CFM)
Paris,
France
|
+$7.01M |
| 5 |
SYBT
Stock Yards Bank & Trust
Louisville,
Kentucky
|
+$6.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$80.6M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$80M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$20.8M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$18.8M |
| 5 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$18.2M |
BF.B Hedge Fund Activity: Q3 2014 in Review
395 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q3 2014, worth a combined $5.88B — down 7.9% from $6.39B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of BF.B and 28 opened new positions — a net loss of 2 holders — while 165 trimmed existing stakes and 124 added.
The largest buyer was Janus Henderson Investors US, adding an estimated $55.8M. The largest seller was OppenheimerFunds, cutting an estimated $80.6M.
- 395 institutional investors held Brown-Forman Class B (BF.B) as of Q3 2014, down from 401 in Q2 2014.
- Funds reported $5.88B of Brown-Forman Class B stock for Q3 2014, down 7.9% quarter-over-quarter.
- 28 funds opened new Brown-Forman Class B positions in Q3 2014 and 30 closed out, a net change of -2 holders.
- The largest Brown-Forman Class B buyer in Q3 2014 was Janus Henderson Investors US, an estimated $55.8M added.
- The largest Brown-Forman Class B seller in Q3 2014 was OppenheimerFunds, an estimated $80.6M sold.
Based on aggregated 13F filings for Q3 2014.