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Brown-Forman Class B

447 hedge funds and large institutions have $4.56B invested in Brown-Forman Class B in 2016 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 128 increasing their positions, 192 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.9% more ownership

Funds ownership: 71.65%73.54% (+1.9%)

4% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 46

1% less funds holding

Funds holding: 452447 (-5)

5% less capital invested

Capital invested by funds: $4.8B → $4.56B (-$243M)

11% less funds holding in top 10

Funds holding in top 10: 98 (-1)

33% less repeat investments, than reductions

Existing positions increased: 128 | Existing positions reduced: 192

74% less call options, than puts

Call options by funds: $361K | Put options by funds: $1.39M

Holders
447
Holders Change
-5
Holders Change %
-1.11%
% of All Funds
11.18%
Holding in Top 10
8
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-11.11%
% of All Funds
0.2%
New
48
Increased
128
Reduced
192
Closed
46
Calls
$361K
Puts
$1.39M
Net Calls
-$1.02M
Net Calls Change
+$2.49M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$610M +$4.44M +152,053 +0.7%
State Street
2
State Street
Massachusetts
$483M -$508K -17,389 -0.1%
BIT
3
BlackRock Institutional Trust
California
$219M -$3.21M -109,895 -1%
BFA
4
BlackRock Fund Advisors
California
$167M +$11.9M +406,856 +8%
Goldman Sachs
5
Goldman Sachs
New York
$155M +$25.4M +870,075 +19%
Northern Trust
6
Northern Trust
Illinois
$96.7M +$4.46M +152,550 +5%
BG
7
BlackRock Group
United Kingdom
$90.2M +$8.2M +280,539 +10%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$84.1M +$3.21M +109,654 +4%
Invesco
9
Invesco
Georgia
$78.7M -$26.3M -899,111 -25%
Norges Bank
10
Norges Bank
Norway
$76.6M +$1.81M +62,044 +2%
Wells Fargo
11
Wells Fargo
California
$74.4M +$5.17M +176,910 +7%
CIC
12
Chilton Investment Company
Connecticut
$67M -$7.6M -259,839 -10%
Principal Financial Group
13
Principal Financial Group
Iowa
$66.6M +$43M +1,469,605 +174%
TCM
14
TimesSquare Capital Management
New York
$63.5M +$12.8M +436,445 +25%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$59.8M -$3.03M -103,624 -5%
Franklin Resources
16
Franklin Resources
California
$58.4M
UBS AM
17
UBS AM
Illinois
$57.2M -$8.27M -282,834 -12%
GRQ
18
Gardner Russo & Quinn
Pennsylvania
$56.8M +$349K +11,941 +0.6%
APG Asset Management
19
APG Asset Management
Netherlands
$56.6M -$11.1M -381,406 -16%
GC
20
Guggenheim Capital
Illinois
$56.1M +$2.67M +91,279 +5%
ProShare Advisors
21
ProShare Advisors
Maryland
$51.5M +$5.75M +196,634 +12%
Fidelity Investments
22
Fidelity Investments
Massachusetts
$48M -$1.45M -49,744 -3%
AB
23
Atlas Brown
Kentucky
$43.9M
Legal & General Group
24
Legal & General Group
United Kingdom
$43.1M -$840K -28,728 -2%
New York State Common Retirement Fund
25
New York State Common Retirement Fund
New York
$41.9M

BF.B Hedge Fund Activity: Q4 2016 in Review

447 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2016, worth a combined $4.56B — down 5.1% from $4.8B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new BF.B positions and 46 closed out — a net gain of 2 holders — while 128 added to existing stakes and 192 trimmed.

The largest buyer was Principal Financial Group, adding an estimated $43M. The largest seller was Invesco, cutting an estimated $26.3M.

  • 447 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2016, down from 452 in Q3 2016.
  • Funds reported $4.56B of Brown-Forman Class B stock for Q4 2016, down 5.1% quarter-over-quarter.
  • 48 funds opened new Brown-Forman Class B positions in Q4 2016 and 46 closed out, a net change of +2 holders.
  • The largest Brown-Forman Class B buyer in Q4 2016 was Principal Financial Group, an estimated $43M added.
  • The largest Brown-Forman Class B seller in Q4 2016 was Invesco, an estimated $26.3M sold.

Based on aggregated 13F filings for Q4 2016.