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Brown-Forman Class B

633 hedge funds and large institutions have $12.1B invested in Brown-Forman Class B in 2020 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 221 increasing their positions, 218 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

637% more call options, than puts

Call options by funds: $9.88M | Put options by funds: $1.34M

28% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 50

8% more capital invested

Capital invested by funds: $11.2B → $12.1B (+$868M)

1% more funds holding

Funds holding: 626633 (+7)

1% more repeat investments, than reductions

Existing positions increased: 221 | Existing positions reduced: 218

0.85% more ownership

Funds ownership: 48.36%49.21% (+0.85%)

0% more funds holding in top 10

Funds holding in top 10: 88 (0)

Holders
633
Holders Change
+7
Holders Change %
+1.12%
% of All Funds
11.2%
Holding in Top 10
8
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
64
Increased
221
Reduced
218
Closed
50
Calls
$9.88M
Puts
$1.34M
Net Calls
+$8.54M
Net Calls Change
-$750K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.84B +$78.3M +1,014,699 +5%
BlackRock
2
BlackRock
New York
$1.28B +$88.4M +1,145,353 +8%
Fundsmith LLP
3
Fundsmith LLP
United Kingdom
$815M +$162K +2,103 +0%
State Street
4
State Street
Massachusetts
$790M -$39.1M -507,061 -5%
Brown Advisory
5
Brown Advisory
Maryland
$591M +$3.14M +40,610 +0.5%
BBHC
6
Brown Brothers Harriman & Co
New York
$317M -$14.9M -192,645 -5%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$260M +$685K +8,874 +0.3%
Wells Fargo
8
Wells Fargo
California
$212M +$25M +323,587 +14%
Northern Trust
9
Northern Trust
Illinois
$182M -$5.59M -72,452 -3%
Invesco
10
Invesco
Georgia
$181M -$1.32M -17,135 -0.7%
Principal Financial Group
11
Principal Financial Group
Iowa
$176M -$2.72M -35,172 -2%
APG Asset Management
12
APG Asset Management
Netherlands
$169M +$2.7M +34,960 +1%
Legal & General Group
13
Legal & General Group
United Kingdom
$154M +$13.7M +177,978 +10%
BP
14
BBR Partners
New York
$146M -$2.15M -27,820 -1%
Norges Bank
15
Norges Bank
Norway
$137M +$3.33M +43,163 +3%
Franklin Resources
16
Franklin Resources
California
$136M +$682K +8,837 +0.5%
LCOV
17
London Company of Virginia
Virginia
$125M +$4.81M +62,335 +4%
P
18
Pitcairn
Pennsylvania
$125M -$91.6K -1,186 -0.1%
Bank Julius Baer & Co
19
Bank Julius Baer & Co
Switzerland
$121M +$15.4M +199,907 +15%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$113M +$17.8M +230,905 +19%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$112M -$1.66M -21,490 -2%
ProShare Advisors
22
ProShare Advisors
Maryland
$111M -$77.7K -1,007 -0.1%
Swiss National Bank
23
Swiss National Bank
Switzerland
$108M -$2.32M -30,000 -2%
GRQ
24
Gardner Russo & Quinn
Pennsylvania
$100M -$4.82M -62,371 -5%
UBS AM
25
UBS AM
Illinois
$96.5M +$212K +2,740 +0.2%

BF.B Hedge Fund Activity: Q4 2020 in Review

633 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2020, worth a combined $12.1B — up 7.7% from $11.2B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new BF.B positions and 50 closed out — a net gain of 14 holders — while 221 added to existing stakes and 218 trimmed.

The largest buyer was BlackRock, adding an estimated $88.4M. The largest seller was Champlain Investment Partners, exiting entirely with an estimated $63M sold.

  • 633 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2020, up from 626 in Q3 2020.
  • Funds reported $12.1B of Brown-Forman Class B stock for Q4 2020, up 7.7% quarter-over-quarter.
  • 64 funds opened new Brown-Forman Class B positions in Q4 2020 and 50 closed out, a net change of +14 holders.
  • The largest Brown-Forman Class B buyer in Q4 2020 was BlackRock, an estimated $88.4M added.
  • The largest Brown-Forman Class B seller in Q4 2020 was Champlain Investment Partners, an estimated $63M sold.

Based on aggregated 13F filings for Q4 2020.