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Brown-Forman Class B

458 hedge funds and large institutions have $5.4B invested in Brown-Forman Class B in 2016 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 140 increasing their positions, 174 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 25

13% more funds holding in top 10

Funds holding in top 10: 89 (+1)

2% more funds holding

Funds holding: 449458 (+9)

3% more capital invested

Capital invested by funds: $5.24B → $5.4B (+$154M)

5% less call options, than puts

Call options by funds: $5.02M | Put options by funds: $5.26M

4.17% less ownership

Funds ownership: 154.65%150.48% (-4.2%)

20% less repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 174

Holders
458
Holders Change
+9
Holders Change %
+2%
% of All Funds
12.22%
Holding in Top 10
9
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+12.5%
% of All Funds
0.24%
New
39
Increased
140
Reduced
174
Closed
25
Calls
$5.02M
Puts
$5.26M
Net Calls
-$244K
Net Calls Change
-$1.69M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$699M +$18M +580,725 +3%
State Street
2
State Street
Massachusetts
$538M -$4.33M -139,800 -0.8%
BIT
3
BlackRock Institutional Trust
California
$255M -$15.1M -488,253 -6%
BFA
4
BlackRock Fund Advisors
California
$172M -$9.14M -295,554 -5%
JHIU
5
Janus Henderson Investors US
Colorado
$146M -$22.9M -740,916 -14%
Invesco
6
Invesco
Georgia
$114M -$2.59M -83,860 -2%
Northern Trust
7
Northern Trust
Illinois
$108M -$1.95M -62,969 -2%
Goldman Sachs
8
Goldman Sachs
New York
$106M -$116M -3,739,241 -53%
CIC
9
Chilton Investment Company
Connecticut
$93.1M +$1.05M +33,885 +1%
BG
10
BlackRock Group
United Kingdom
$90.8M +$3.66M +118,212 +4%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$90.4M +$608K +19,653 +0.7%
Norges Bank
12
Norges Bank
Norway
$81.4M +$38.2M +1,233,378 +94%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$74.2M -$10.1M -325,138 -12%
Wells Fargo
14
Wells Fargo
California
$72.6M +$3.88M +125,431 +6%
Franklin Resources
15
Franklin Resources
California
$64.8M
UBS AM
16
UBS AM
Illinois
$62M +$7.19M +232,362 +14%
GRQ
17
Gardner Russo & Quinn
Pennsylvania
$58.8M +$1.42M +46,032 +3%
APG Asset Management
18
APG Asset Management
Netherlands
$58.6M +$21.4M +690,938 +60%
GC
19
Guggenheim Capital
Illinois
$57.8M +$8.42M +272,253 +18%
TCM
20
TimesSquare Capital Management
New York
$56.6M -$5.37M -173,594 -9%
Fidelity International
21
Fidelity International
Bermuda
$49.6M +$22.5M +726,037 +88%
Legal & General Group
22
Legal & General Group
United Kingdom
$49.4M -$2.11M -68,159 -4%
FCM
23
Frontier Capital Management
Massachusetts
$47.2M -$18.2M -588,906 -28%
New York State Common Retirement Fund
24
New York State Common Retirement Fund
New York
$46.9M +$3.77M +121,875 +9%
AB
25
Atlas Brown
Kentucky
$45.1M +$325K +10,503 +0.7%

BF.B Hedge Fund Activity: Q2 2016 in Review

458 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q2 2016, worth a combined $5.4B — up 2.9% from $5.24B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new BF.B positions and 25 closed out — a net gain of 14 holders — while 140 added to existing stakes and 174 trimmed.

The largest buyer was Norges Bank, adding an estimated $38.2M. The largest seller was Royal London Asset Management, cutting an estimated $284M.

  • 458 institutional investors held Brown-Forman Class B (BF.B) as of Q2 2016, up from 449 in Q1 2016.
  • Funds reported $5.4B of Brown-Forman Class B stock for Q2 2016, up 2.9% quarter-over-quarter.
  • 39 funds opened new Brown-Forman Class B positions in Q2 2016 and 25 closed out, a net change of +14 holders.
  • The largest Brown-Forman Class B buyer in Q2 2016 was Norges Bank, an estimated $38.2M added.
  • The largest Brown-Forman Class B seller in Q2 2016 was Royal London Asset Management, an estimated $284M sold.

Based on aggregated 13F filings for Q2 2016.