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Brown-Forman Class B

449 hedge funds and large institutions have $5.24B invested in Brown-Forman Class B in 2016 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 132 increasing their positions, 182 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

581% more call options, than puts

Call options by funds: $1.7M | Put options by funds: $249K

2.41% more ownership

Funds ownership: 152.24%154.65% (+2.4%)

7% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 46

0% more funds holding in top 10

Funds holding in top 10: 88 (0)

0% less funds holding

Funds holding: 450449 (-1)

27% less repeat investments, than reductions

Existing positions increased: 132 | Existing positions reduced: 182

30% less capital invested

Capital invested by funds: $7.46B → $5.24B (-$2.22B)

Holders
449
Holders Change
-1
Holders Change %
-0.22%
% of All Funds
11.96%
Holding in Top 10
8
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.21%
New
49
Increased
132
Reduced
182
Closed
46
Calls
$1.7M
Puts
$249K
Net Calls
+$1.45M
Net Calls Change
-$589K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$672M -$1.49M -48,119 -0.2%
State Street
2
State Street
Massachusetts
$535M +$9.86M +318,966 +2%
BIT
3
BlackRock Institutional Trust
California
$267M -$4.38M -141,600 -2%
Goldman Sachs
4
Goldman Sachs
New York
$223M -$16.2M -523,591 -7%
BFA
5
BlackRock Fund Advisors
California
$179M -$1.84M -59,409 -1%
JHIU
6
Janus Henderson Investors US
Colorado
$167M +$45.9M +1,486,113 +39%
Invesco
7
Invesco
Georgia
$116M -$6.26M -202,575 -5%
Northern Trust
8
Northern Trust
Illinois
$109M +$23.4K +756 +0%
Morgan Stanley
9
Morgan Stanley
New York
$100M -$779K -25,221 -0.8%
CIC
10
Chilton Investment Company
Connecticut
$90.8M +$12.6M +408,203 +17%
BG
11
BlackRock Group
United Kingdom
$85.9M +$882K +28,525 +1%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$83.5M -$38.2M -1,237,634 -32%
Wells Fargo
13
Wells Fargo
California
$67.7M -$1.97M -63,725 -3%
FCM
14
Frontier Capital Management
Massachusetts
$65.1M +$5.01M +162,072 +9%
Franklin Resources
15
Franklin Resources
California
$64M +$4.81M +155,781 +8%
TCM
16
TimesSquare Capital Management
New York
$61.4M -$11.1M -358,125 -16%
GRQ
17
Gardner Russo & Quinn
Pennsylvania
$56.6M +$1.92M +62,090 +4%
UBS AM
18
UBS AM
Illinois
$53.9M -$902K -29,200 -2%
Legal & General Group
19
Legal & General Group
United Kingdom
$50.9M -$1.77M -57,113 -3%
PNC Financial Services Group
20
PNC Financial Services Group
Pennsylvania
$49.3M -$60.6M -1,961,515 -56%
GC
21
Guggenheim Capital
Illinois
$48.4M +$7.83M +253,378 +20%
AB
22
Atlas Brown
Kentucky
$44.2M +$42.9M +1,387,072 +8,967%
New York State Common Retirement Fund
23
New York State Common Retirement Fund
New York
$42.4M +$12.1M +392,812 +41%
Norges Bank
24
Norges Bank
Norway
$41.4M +$8.87M +287,019 +28%
Mitsubishi UFJ Trust & Banking
25
Mitsubishi UFJ Trust & Banking
Japan
$39.6M +$130K +4,222 +0.3%

BF.B Hedge Fund Activity: Q1 2016 in Review

449 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q1 2016, worth a combined $5.24B — down 30% from $7.46B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new BF.B positions and 46 closed out — a net gain of 3 holders — while 132 added to existing stakes and 182 trimmed.

The largest buyer was Royal London Asset Management, adding an estimated $283M. The largest seller was PNC Financial Services Group, cutting an estimated $60.6M.

  • 449 institutional investors held Brown-Forman Class B (BF.B) as of Q1 2016, down from 450 in Q4 2015.
  • Funds reported $5.24B of Brown-Forman Class B stock for Q1 2016, down 30% quarter-over-quarter.
  • 49 funds opened new Brown-Forman Class B positions in Q1 2016 and 46 closed out, a net change of +3 holders.
  • The largest Brown-Forman Class B buyer in Q1 2016 was Royal London Asset Management, an estimated $283M added.
  • The largest Brown-Forman Class B seller in Q1 2016 was PNC Financial Services Group, an estimated $60.6M sold.

Based on aggregated 13F filings for Q1 2016.