Brown-Forman Class B
BF.B
419 hedge funds and large institutions have $5.72B invested in Brown-Forman Class B in 2014 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 125 increasing their positions, 163 reducing their positions, and 28 closing their positions.
107% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 28
6% more funds holding
Funds holding: 395 → 419 (+24)
0.1% less ownership
Funds ownership: 50.56% → 50.46% (-0.1%)
3% less capital invested
Capital invested by funds: $5.88B → $5.72B (-$163M)
10% less call options, than puts
Call options by funds: $395K | Put options by funds: $439K
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
23% less repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 163
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$64.5M |
| 2 |
State Street
Boston,
Massachusetts
|
+$39.1M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$38.5M |
| 4 |
AB
Atlas Brown
Louisville,
Kentucky
|
+$27.1M |
| 5 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
+$24.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$68.6M |
| 2 |
O
OppenheimerFunds
New York
|
-$60.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$37.3M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$29.9M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$28.6M |
BF.B Hedge Fund Activity: Q4 2014 in Review
419 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2014, worth a combined $5.72B — down 2.8% from $5.88B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new BF.B positions and 28 closed out — a net gain of 30 holders — while 125 added to existing stakes and 163 trimmed.
The largest buyer was TimesSquare Capital Management, opening a new position worth an estimated $64.5M. The largest seller was Baillie Gifford & Co, cutting an estimated $68.6M.
- 419 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2014, up from 395 in Q3 2014.
- Funds reported $5.72B of Brown-Forman Class B stock for Q4 2014, down 2.8% quarter-over-quarter.
- 58 funds opened new Brown-Forman Class B positions in Q4 2014 and 28 closed out, a net change of +30 holders.
- The largest Brown-Forman Class B buyer in Q4 2014 was TimesSquare Capital Management, an estimated $64.5M added.
- The largest Brown-Forman Class B seller in Q4 2014 was Baillie Gifford & Co, an estimated $68.6M sold.
Based on aggregated 13F filings for Q4 2014.