Brown-Forman Class B
BF.B
508 hedge funds and large institutions have $6.24B invested in Brown-Forman Class B in 2018 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 160 increasing their positions, 184 reducing their positions, and 56 closing their positions.
175% more funds holding in top 10
Funds holding in top 10: 4 → 11 (+7)
52% more call options, than puts
Call options by funds: $945K | Put options by funds: $623K
0.11% less ownership
Funds ownership: 42.76% → 42.65% (-0.11%)
1% less funds holding
Funds holding: 512 → 508 (-4)
4% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 56
7% less capital invested
Capital invested by funds: $6.73B → $6.24B (-$490M)
13% less repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 184
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBHC
Brown Brothers Harriman & Co
New York
|
+$103M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$68.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$53.9M |
| 4 |
BP
BBR Partners
New York
|
+$39.3M |
| 5 |
State Street
Boston,
Massachusetts
|
+$23.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$61.9M |
| 2 |
Janus Henderson Group
London,
|
-$55M |
| 3 |
JP Morgan Chase
New York
|
-$47.6M |
| 4 |
Goldman Sachs
New York
|
-$45.1M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$32.8M |
BF.B Hedge Fund Activity: Q4 2018 in Review
508 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2018, worth a combined $6.24B — down 7.3% from $6.73B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of BF.B and 54 opened new positions — a net loss of 2 holders — while 184 trimmed existing stakes and 160 added.
The largest buyer was Brown Brothers Harriman & Co, adding an estimated $103M. The largest seller was Millennium Management, cutting an estimated $61.9M.
- 508 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2018, down from 512 in Q3 2018.
- Funds reported $6.24B of Brown-Forman Class B stock for Q4 2018, down 7.3% quarter-over-quarter.
- 54 funds opened new Brown-Forman Class B positions in Q4 2018 and 56 closed out, a net change of -2 holders.
- The largest Brown-Forman Class B buyer in Q4 2018 was Brown Brothers Harriman & Co, an estimated $103M added.
- The largest Brown-Forman Class B seller in Q4 2018 was Millennium Management, an estimated $61.9M sold.
Based on aggregated 13F filings for Q4 2018.