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Brown-Forman Class B

552 hedge funds and large institutions have $8.11B invested in Brown-Forman Class B in 2019 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 195 increasing their positions, 179 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 42

9% more capital invested

Capital invested by funds: $7.45B → $8.11B (+$659M)

3% more funds holding

Funds holding: 537552 (+15)

1.75% more ownership

Funds ownership: 45.9%47.65% (+1.7%)

9% more repeat investments, than reductions

Existing positions increased: 195 | Existing positions reduced: 179

0% more funds holding in top 10

Funds holding in top 10: 1010 (0)

33% less call options, than puts

Call options by funds: $3.69M | Put options by funds: $5.49M

Holders
552
Holders Change
+15
Holders Change %
+2.79%
% of All Funds
11.99%
Holding in Top 10
10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.22%
New
67
Increased
195
Reduced
179
Closed
42
Calls
$3.69M
Puts
$5.49M
Net Calls
-$1.8M
Net Calls Change
-$4.51M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.17B +$16.2M +304,014 +1%
BlackRock
2
BlackRock
New York
$773M -$107M -2,002,814 -13%
State Street
3
State Street
Massachusetts
$612M -$7.55M -141,408 -1%
Baird Financial Group
4
Baird Financial Group
Wisconsin
$392M +$351M +6,571,888 +1,314%
Brown Advisory
5
Brown Advisory
Maryland
$337M +$34.6M +647,977 +12%
BBHC
6
Brown Brothers Harriman & Co
New York
$268M -$2.43M -45,460 -0.9%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$169M -$1.66M -31,139 -1%
Wells Fargo
8
Wells Fargo
California
$150M +$13.8M +258,010 +11%
Northern Trust
9
Northern Trust
Illinois
$141M -$684K -12,824 -0.5%
Principal Financial Group
10
Principal Financial Group
Iowa
$135M +$604K +11,315 +0.5%
Goldman Sachs
11
Goldman Sachs
New York
$127M +$2.96M +55,483 +2%
Franklin Resources
12
Franklin Resources
California
$121M -$2.63M -49,235 -2%
CIP
13
Champlain Investment Partners
Vermont
$116M +$1.43M +26,790 +1%
BP
14
BBR Partners
New York
$107M +$2.19M +41,085 +2%
GRQ
15
Gardner Russo & Quinn
Pennsylvania
$105M -$6.12M -114,692 -6%
Norges Bank
16
Norges Bank
Norway
$103M +$1.67M +31,214 +2%
APG Asset Management
17
APG Asset Management
Netherlands
$102M +$8.24M +154,432 +8%
California Public Employees Retirement System
18
California Public Employees Retirement System
California
$102M +$20.3M +381,214 +26%
Legal & General Group
19
Legal & General Group
United Kingdom
$100M +$1.49M +27,970 +2%
ProShare Advisors
20
ProShare Advisors
Maryland
$89.3M +$192K +3,604 +0.2%
P
21
Pitcairn
Pennsylvania
$88.7M +$174K +3,254 +0.2%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$72.5M +$857K +16,061 +1%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$72.3M -$4.13M -77,421 -6%
Invesco
24
Invesco
Georgia
$67.9M -$15.5M -290,009 -19%
Swiss National Bank
25
Swiss National Bank
Switzerland
$65.7M +$6.06M +113,500 +11%

BF.B Hedge Fund Activity: Q2 2019 in Review

552 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q2 2019, worth a combined $8.11B — up 8.8% from $7.45B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new BF.B positions and 42 closed out — a net gain of 25 holders — while 195 added to existing stakes and 179 trimmed.

The largest buyer was Baird Financial Group, adding an estimated $351M. The largest seller was BlackRock, cutting an estimated $107M.

  • 552 institutional investors held Brown-Forman Class B (BF.B) as of Q2 2019, up from 537 in Q1 2019.
  • Funds reported $8.11B of Brown-Forman Class B stock for Q2 2019, up 8.8% quarter-over-quarter.
  • 67 funds opened new Brown-Forman Class B positions in Q2 2019 and 42 closed out, a net change of +25 holders.
  • The largest Brown-Forman Class B buyer in Q2 2019 was Baird Financial Group, an estimated $351M added.
  • The largest Brown-Forman Class B seller in Q2 2019 was BlackRock, an estimated $107M sold.

Based on aggregated 13F filings for Q2 2019.