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Brown-Forman Class B

626 hedge funds and large institutions have $11.2B invested in Brown-Forman Class B in 2020 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 194 increasing their positions, 233 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,055% more call options, than puts

Call options by funds: $10.2M | Put options by funds: $880K

81% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 37

18% more capital invested

Capital invested by funds: $9.51B → $11.2B (+$1.7B)

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

5% more funds holding

Funds holding: 599626 (+27)

0.05% less ownership

Funds ownership: 48.4%48.36% (-0.05%)

17% less repeat investments, than reductions

Existing positions increased: 194 | Existing positions reduced: 233

Holders
626
Holders Change
+27
Holders Change %
+4.51%
% of All Funds
12.63%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.16%
New
67
Increased
194
Reduced
233
Closed
37
Calls
$10.2M
Puts
$880K
Net Calls
+$9.29M
Net Calls Change
+$3.28M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.67B -$20.1M -281,420 -1%
BlackRock
2
BlackRock
New York
$1.13B +$6.95M +97,049 +0.7%
State Street
3
State Street
Massachusetts
$787M -$16.4M -229,104 -2%
Fundsmith LLP
4
Fundsmith LLP
United Kingdom
$772M +$27.8M +388,904 +4%
Brown Advisory
5
Brown Advisory
Maryland
$558M -$5.61M -78,418 -1%
BBHC
6
Brown Brothers Harriman & Co
New York
$315M -$63.1M -882,265 -17%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$246M +$261K +3,649 +0.1%
Northern Trust
8
Northern Trust
Illinois
$178M -$4.03M -56,361 -2%
Wells Fargo
9
Wells Fargo
California
$177M +$5.77M +80,667 +4%
Invesco
10
Invesco
Georgia
$173M -$15.3M -213,463 -9%
Principal Financial Group
11
Principal Financial Group
Iowa
$170M -$5.37M -74,957 -3%
APG Asset Management
12
APG Asset Management
Netherlands
$165M +$23.2M +324,000 +14%
BP
13
BBR Partners
New York
$140M +$101K +1,417 +0.1%
Legal & General Group
14
Legal & General Group
United Kingdom
$132M -$2.59M -36,148 -2%
Franklin Resources
15
Franklin Resources
California
$128M +$381K +5,316 +0.3%
Norges Bank
16
Norges Bank
Norway
$127M -$15.8M -221,304 -12%
P
17
Pitcairn
Pennsylvania
$119M -$103K -1,442 -0.1%
LCOV
18
London Company of Virginia
Virginia
$114M -$25.6M -357,423 -19%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$108M +$456K +6,365 +0.4%
ProShare Advisors
20
ProShare Advisors
Maryland
$105M +$4.92M +68,703 +5%
Swiss National Bank
21
Swiss National Bank
Switzerland
$105M -$1.28M -17,900 -1%
GRQ
22
Gardner Russo & Quinn
Pennsylvania
$99.5M -$7.92M -110,653 -8%
Bank Julius Baer & Co
23
Bank Julius Baer & Co
Switzerland
$99.3M +$535K +7,472 +0.6%
UBS AM
24
UBS AM
Illinois
$91.3M +$3.01M +42,115 +4%
Dimensional Fund Advisors
25
Dimensional Fund Advisors
Texas
$90.1M -$2.09M -29,241 -2%

BF.B Hedge Fund Activity: Q3 2020 in Review

626 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q3 2020, worth a combined $11.2B — up 18% from $9.51B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new BF.B positions and 37 closed out — a net gain of 30 holders — while 194 added to existing stakes and 233 trimmed.

The largest buyer was Fundsmith LLP, adding an estimated $27.8M. The largest seller was Brown Brothers Harriman & Co, cutting an estimated $63.1M.

  • 626 institutional investors held Brown-Forman Class B (BF.B) as of Q3 2020, up from 599 in Q2 2020.
  • Funds reported $11.2B of Brown-Forman Class B stock for Q3 2020, up 18% quarter-over-quarter.
  • 67 funds opened new Brown-Forman Class B positions in Q3 2020 and 37 closed out, a net change of +30 holders.
  • The largest Brown-Forman Class B buyer in Q3 2020 was Fundsmith LLP, an estimated $27.8M added.
  • The largest Brown-Forman Class B seller in Q3 2020 was Brown Brothers Harriman & Co, an estimated $63.1M sold.

Based on aggregated 13F filings for Q3 2020.