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Brown-Forman Class B

418 hedge funds and large institutions have $8.02B 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.

New
Increased
Maintained
Reduced
Closed

107% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 28

37% more capital invested

Capital invested by funds: $5.87B → $8.02B (+$2.15B)

6% more funds holding

Funds holding: 394418 (+24)

0.32% less ownership

Funds ownership: 158%157.68% (-0.32%)

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: 97 (-2)

23% less repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 163

Holders
418
Holders Change
+24
Holders Change %
+6.09%
% of All Funds
11.15%
Holding in Top 10
7
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-22.22%
% of All Funds
0.19%
New
58
Increased
125
Reduced
163
Closed
28
Calls
$395K
Puts
$439K
Net Calls
-$44K
Net Calls Change
-$44K
Name Holding Trade Value Shares
Change
Change in
Stake
LTI
1
Laffer Tengler Investments
Tennessee
$2.32B -$2.39M -82,656 Closed
Vanguard Group
2
Vanguard Group
Pennsylvania
$693M +$18.1M +625,097 +3%
State Street
3
State Street
Massachusetts
$685M +$39.1M +1,352,325 +6%
BIT
4
BlackRock Institutional Trust
California
$348M -$3.85M -133,040 -1%
BFA
5
BlackRock Fund Advisors
California
$187M +$16.8M +580,793 +10%
PNC Financial Services Group
6
PNC Financial Services Group
Pennsylvania
$169M -$1.28M -44,097 -0.7%
JHIU
7
Janus Henderson Investors US
Colorado
$154M +$7.06M +244,166 +5%
Northern Trust
8
Northern Trust
Illinois
$144M +$2.95M +101,909 +2%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$126M -$4.41M -152,534 -3%
American Century Companies
10
American Century Companies
Missouri
$119M -$28.6M -989,784 -19%
WRF
11
Waddell & Reed Financial
Kansas
$113M -$3.91M -135,156 -3%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$101M +$322K +11,147 +0.3%
BG
13
BlackRock Group
United Kingdom
$84M +$6.46M +223,325 +8%
Invesco
14
Invesco
Georgia
$79.2M +$38.5M +1,329,841 +89%
Norges Bank
15
Norges Bank
Norway
$77.5M +$1.02M +35,112 +1%
O
16
OppenheimerFunds
New York
$71.7M -$60.8M -2,103,285 -45%
TCIM
17
TIAA CREF Investment Management
New York
$70.8M -$1.33M -45,959 -2%
TCM
18
TimesSquare Capital Management
New York
$62.6M +$64.5M +2,228,438 New
Wells Fargo
19
Wells Fargo
California
$60.1M -$37.3M -1,287,891 -38%
FCM
20
Frontier Capital Management
Massachusetts
$56.6M +$2.7M +93,497 +5%
CIC
21
Chilton Investment Company
Connecticut
$55.6M -$3.51M -121,325 -6%
Deutsche Bank
22
Deutsche Bank
Germany
$52.9M +$7.62M +263,343 +16%
CAM
23
Congress Asset Management
Massachusetts
$51.8M -$1.73M -59,881 -3%
Mitsubishi UFJ Trust & Banking
24
Mitsubishi UFJ Trust & Banking
Japan
$50.6M -$3.61M -124,635 -6%
T. Rowe Price Associates
25
T. Rowe Price Associates
Maryland
$45.6M -$3.05M -105,312 -6%

BF.B Hedge Fund Activity: Q4 2014 in Review

418 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2014, worth a combined $8.02B — up 37% from $5.87B 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.

  • 418 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2014, up from 394 in Q3 2014.
  • Funds reported $8.02B of Brown-Forman Class B stock for Q4 2014, up 37% 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.