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Brown-Forman Class B

515 hedge funds and large institutions have $6.83B invested in Brown-Forman Class B in 2018 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 201 increasing their positions, 159 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more repeat investments, than reductions

Existing positions increased: 201 | Existing positions reduced: 159

2.08% more ownership

Funds ownership: 42.7%44.79% (+2.1%)

4% less first-time investments, than exits

New positions opened: 45 | Existing positions closed: 47

1% less funds holding

Funds holding: 521515 (-6)

7% less capital invested

Capital invested by funds: $7.38B → $6.83B (-$549M)

46% less funds holding in top 10

Funds holding in top 10: 137 (-6)

69% less call options, than puts

Call options by funds: $687K | Put options by funds: $2.2M

Holders
515
Holders Change
-6
Holders Change %
-1.15%
% of All Funds
11.79%
Holding in Top 10
7
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-46.15%
% of All Funds
0.16%
New
45
Increased
201
Reduced
159
Closed
47
Calls
$687K
Puts
$2.2M
Net Calls
-$1.52M
Net Calls Change
-$881K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.1B +$96.5M +1,763,753 +8%
BlackRock
2
BlackRock
New York
$958M +$60.3M +1,102,340 +6%
State Street
3
State Street
Massachusetts
$581M -$9M -164,464 -1%
Geode Capital Management
4
Geode Capital Management
Massachusetts
$173M +$12.9M +235,612 +7%
Northern Trust
5
Northern Trust
Illinois
$153M +$9.7M +177,280 +6%
Wells Fargo
6
Wells Fargo
California
$146M +$15M +274,534 +10%
Janus Henderson Group
7
Janus Henderson Group
United Kingdom
$132M +$100M +1,834,670 +216%
GRQ
8
Gardner Russo & Quinn
Pennsylvania
$130M -$9.38M -171,478 -6%
Goldman Sachs
9
Goldman Sachs
New York
$119M -$27.9M -510,222 -17%
AB
10
Atlas Brown
Kentucky
$100M -$22.7M -414,081 -17%
Principal Financial Group
11
Principal Financial Group
Iowa
$94.8M -$10.2M -187,024 -9%
Invesco
12
Invesco
Georgia
$85.8M +$56.7M +1,035,585 +145%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$82.3M +$2.75M +50,299 +3%
HFS
14
HL Financial Services
Kentucky
$81.3M +$59.1M +1,081,010 +187%
Franklin Resources
15
Franklin Resources
California
$80.7M +$621K +11,350 +0.7%
P
16
Pitcairn
Pennsylvania
$80.5M -$7K -128 -0%
APG Asset Management
17
APG Asset Management
Netherlands
$78.8M +$2.84M +51,900 +3%
JP Morgan Chase
18
JP Morgan Chase
New York
$69.9M +$20.4M +372,978 +35%
Legal & General Group
19
Legal & General Group
United Kingdom
$62.7M +$5.43M +99,229 +8%
Norges Bank
20
Norges Bank
Norway
$62.4M +$14.9M +273,071 +27%
ProShare Advisors
21
ProShare Advisors
Maryland
$61.9M -$4.93M -90,184 -7%
Morgan Stanley
22
Morgan Stanley
New York
$54.1M -$8.68M -158,678 -13%
Swiss National Bank
23
Swiss National Bank
Switzerland
$52.3M +$2.73M +49,900 +5%
Charles Schwab
24
Charles Schwab
California
$50.6M +$2.37M +43,234 +4%
Arrowstreet Capital
25
Arrowstreet Capital
Massachusetts
$49.9M +$55.8M +1,018,938 New

BF.B Hedge Fund Activity: Q2 2018 in Review

515 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q2 2018, worth a combined $6.83B — down 7.4% from $7.38B a quarter earlier.

Sellers outnumbered buyers: 47 funds closed out of BF.B and 45 opened new positions — a net loss of 2 holders — while 159 trimmed existing stakes and 201 added.

The largest buyer was Janus Henderson Group, adding an estimated $100M. The largest seller was Jupiter Investment Management, cutting an estimated $44.7M.

  • 515 institutional investors held Brown-Forman Class B (BF.B) as of Q2 2018, down from 521 in Q1 2018.
  • Funds reported $6.83B of Brown-Forman Class B stock for Q2 2018, down 7.4% quarter-over-quarter.
  • 45 funds opened new Brown-Forman Class B positions in Q2 2018 and 47 closed out, a net change of -2 holders.
  • The largest Brown-Forman Class B buyer in Q2 2018 was Janus Henderson Group, an estimated $100M added.
  • The largest Brown-Forman Class B seller in Q2 2018 was Jupiter Investment Management, an estimated $44.7M sold.

Based on aggregated 13F filings for Q2 2018.