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Brown-Forman Class B

496 hedge funds and large institutions have $6.69B invested in Brown-Forman Class B in 2017 Q4 according to their latest regulatory filings, with 78 funds opening new positions, 154 increasing their positions, 155 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

136% more first-time investments, than exits

New positions opened: 78 | Existing positions closed: 33

93% more call options, than puts

Call options by funds: $5.17M | Put options by funds: $2.69M

86% more funds holding in top 10

Funds holding in top 10: 713 (+6)

29% more capital invested

Capital invested by funds: $5.2B → $6.69B (+$1.49B)

10% more funds holding

Funds holding: 452496 (+44)

1.32% more ownership

Funds ownership: 69.6%70.93% (+1.3%)

1% less repeat investments, than reductions

Existing positions increased: 154 | Existing positions reduced: 155

Holders
496
Holders Change
+44
Holders Change %
+9.73%
% of All Funds
11.25%
Holding in Top 10
13
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+85.71%
% of All Funds
0.29%
New
78
Increased
154
Reduced
155
Closed
33
Calls
$5.17M
Puts
$2.69M
Net Calls
+$2.49M
Net Calls Change
-$249K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.06B +$11.7M +307,299 +1%
BlackRock
2
BlackRock
New York
$869M +$2.28M +59,757 +0.3%
State Street
3
State Street
Massachusetts
$703M -$20.8M -545,155 -3%
Goldman Sachs
4
Goldman Sachs
New York
$160M +$9.57M +250,811 +7%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$160M +$3.11M +81,516 +2%
Northern Trust
6
Northern Trust
Illinois
$157M -$1.98M -51,963 -1%
Principal Financial Group
7
Principal Financial Group
Iowa
$131M -$2.16M -56,720 -2%
Wells Fargo
8
Wells Fargo
California
$121M -$2.25M -58,867 -2%
GRQ
9
Gardner Russo & Quinn
Pennsylvania
$102M -$2.88M -75,561 -3%
Franklin Resources
10
Franklin Resources
California
$89.7M +$167K +4,389 +0.2%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$87.6M +$426K +11,169 +0.6%
ProShare Advisors
12
ProShare Advisors
Maryland
$85.9M -$458K -12,002 -0.6%
APG Asset Management
13
APG Asset Management
Netherlands
$82.1M +$5.22M +136,875 +6%
American Century Companies
14
American Century Companies
Missouri
$67M +$52.8M +1,384,775 +989%
Norges Bank
15
Norges Bank
Norway
$64.2M +$12.5M +328,875 +29%
JP Morgan Chase
16
JP Morgan Chase
New York
$63.4M +$28.6M +748,383 +108%
Legal & General Group
17
Legal & General Group
United Kingdom
$62.7M -$917K -24,045 -2%
AB
18
Atlas Brown
Kentucky
$62.3M +$9.92K +260 +0%
GC
19
Guggenheim Capital
Illinois
$61.2M -$8.27M -216,834 -13%
Swiss National Bank
20
Swiss National Bank
Switzerland
$61.1M +$316K +8,281 +0.6%
New York State Common Retirement Fund
21
New York State Common Retirement Fund
New York
$54.9M -$280K -7,344 -0.6%
Lord, Abbett & Co
22
Lord, Abbett & Co
New Jersey
$53M +$16.7M +438,895 +57%
Dimensional Fund Advisors
23
Dimensional Fund Advisors
Texas
$52.5M +$327K +8,572 +0.7%
P
24
Pitcairn
Pennsylvania
$50.9M -$5.46K -143 -0%
Charles Schwab
25
Charles Schwab
California
$49.4M +$963K +25,245 +2%

BF.B Hedge Fund Activity: Q4 2017 in Review

496 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2017, worth a combined $6.69B — up 29% from $5.2B a quarter earlier.

Buyers outnumbered sellers: 78 funds opened new BF.B positions and 33 closed out — a net gain of 45 holders — while 154 added to existing stakes and 155 trimmed.

The largest buyer was American Century Companies, adding an estimated $52.8M. The largest seller was Citadel Advisors, cutting an estimated $29.7M.

  • 496 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2017, up from 452 in Q3 2017.
  • Funds reported $6.69B of Brown-Forman Class B stock for Q4 2017, up 29% quarter-over-quarter.
  • 78 funds opened new Brown-Forman Class B positions in Q4 2017 and 33 closed out, a net change of +45 holders.
  • The largest Brown-Forman Class B buyer in Q4 2017 was American Century Companies, an estimated $52.8M added.
  • The largest Brown-Forman Class B seller in Q4 2017 was Citadel Advisors, an estimated $29.7M sold.

Based on aggregated 13F filings for Q4 2017.