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Brown-Forman Class B

402 hedge funds and large institutions have $5.68B invested in Brown-Forman Class B in 2015 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 146 increasing their positions, 151 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more call options, than puts

Call options by funds: $13.4M | Put options by funds: $11.2M

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

3% less repeat investments, than reductions

Existing positions increased: 146 | Existing positions reduced: 151

1.42% less ownership

Funds ownership: 157.68%156.26% (-1.4%)

4% less funds holding

Funds holding: 419402 (-17)

22% less first-time investments, than exits

New positions opened: 35 | Existing positions closed: 45

29% less capital invested

Capital invested by funds: $8.02B → $5.68B (-$2.34B)

Holders
402
Holders Change
-17
Holders Change %
-4.06%
% of All Funds
10.71%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.19%
New
35
Increased
146
Reduced
151
Closed
45
Calls
$13.4M
Puts
$11.2M
Net Calls
+$2.24M
Net Calls Change
+$2.29M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$715M +$2.07M +71,909 +0.3%
State Street
2
State Street
Massachusetts
$672M -$32.5M -1,128,572 -5%
BIT
3
BlackRock Institutional Trust
California
$360M +$1.46M +50,753 +0.4%
BFA
4
BlackRock Fund Advisors
California
$197M +$4.63M +160,772 +2%
Northern Trust
5
Northern Trust
Illinois
$146M -$2.13M -73,897 -1%
Bank of New York Mellon
6
Bank of New York Mellon
New York
$138M +$8.98M +311,594 +7%
American Century Companies
7
American Century Companies
Missouri
$111M -$10.8M -375,316 -9%
JHIU
8
Janus Henderson Investors US
Colorado
$108M -$49.4M -1,714,835 -31%
WRF
9
Waddell & Reed Financial
Kansas
$107M -$8.94M -310,081 -8%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$107M +$3.11M +107,916 +3%
PNC Financial Services Group
11
PNC Financial Services Group
Pennsylvania
$103M -$70.4M -2,443,153 -41%
Invesco
12
Invesco
Georgia
$88.4M +$6.94M +240,812 +9%
TCM
13
TimesSquare Capital Management
New York
$86.5M +$22M +763,125 +34%
BG
14
BlackRock Group
United Kingdom
$84.3M -$2.04M -70,703 -2%
Norges Bank
15
Norges Bank
Norway
$81.1M +$1.43M +49,753 +2%
TCIM
16
TIAA CREF Investment Management
New York
$74.9M +$1.98M +68,750 +3%
O
17
OppenheimerFunds
New York
$64.8M -$8.84M -306,734 -12%
Fidelity International
18
Fidelity International
Bermuda
$59.8M +$26.1M +906,835 +78%
Wells Fargo
19
Wells Fargo
California
$59.4M -$2.39M -82,800 -4%
CIC
20
Chilton Investment Company
Connecticut
$58.4M +$1.24M +43,150 +2%
FCM
21
Frontier Capital Management
Massachusetts
$57.5M -$729K -25,303 -1%
WG
22
Winton Group
United Kingdom
$56.7M +$19.5M +676,640 +53%
Deutsche Bank
23
Deutsche Bank
Germany
$53.9M -$490K -17,000 -0.9%
Goldman Sachs
24
Goldman Sachs
New York
$52.7M +$6.15M +213,413 +13%
CAM
25
Congress Asset Management
Massachusetts
$50.2M -$3.02M -104,819 -6%

BF.B Hedge Fund Activity: Q1 2015 in Review

402 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q1 2015, worth a combined $5.68B — down 29% from $8.02B a quarter earlier.

Sellers outnumbered buyers: 45 funds closed out of BF.B and 35 opened new positions — a net loss of 10 holders — while 151 trimmed existing stakes and 146 added.

The largest buyer was Franklin Resources, opening a new position worth an estimated $31.5M. The largest seller was PNC Financial Services Group, cutting an estimated $70.4M.

  • 402 institutional investors held Brown-Forman Class B (BF.B) as of Q1 2015, down from 419 in Q4 2014.
  • Funds reported $5.68B of Brown-Forman Class B stock for Q1 2015, down 29% quarter-over-quarter.
  • 35 funds opened new Brown-Forman Class B positions in Q1 2015 and 45 closed out, a net change of -10 holders.
  • The largest Brown-Forman Class B buyer in Q1 2015 was Franklin Resources, an estimated $31.5M added.
  • The largest Brown-Forman Class B seller in Q1 2015 was PNC Financial Services Group, an estimated $70.4M sold.

Based on aggregated 13F filings for Q1 2015.