Lindsell Train’s Brown-Forman Class B BF.B Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2025 Q2	$44.4M	Buy	1,649,764 +74,338	+5%	+$2M	1.05%	13
2025 Q1	$53.5M	Sell	1,575,426 -59,100	-4%	-$2.01M	1.48%	12
2024 Q4	$62.1M	Sell	1,634,526 -5,479	-0.3%	-$208K	1.55%	12
2024 Q3	$80.7M	Buy	1,640,005 +1,349,698	+465%	+$66.4M	1.82%	11
2024 Q2	$12.5M	Hold	290,307	–	–	0.29%	11
2024 Q1	$15.1M	Hold	290,307	–	–	0.32%	11
2023 Q4	$16.6M	Hold	290,307	–	–	0.32%	11
2023 Q3	$16.8M	Hold	290,307	–	–	0.34%	11
2023 Q2	$19.4M	Hold	290,307	–	–	0.35%	11
2023 Q1	$18.7M	Hold	290,307	–	–	0.33%	11
2022 Q4	$19.1M	Hold	290,307	–	–	0.36%	11
2022 Q3	$19.4M	Hold	290,307	–	–	0.39%	11
2022 Q2	$20.4M	Hold	290,307	–	–	0.4%	11
2022 Q1	$19.5M	Hold	290,307	–	–	0.31%	12
2021 Q4	$21.2M	Hold	290,307	–	–	0.31%	11
2021 Q3	$19.5M	Hold	290,307	–	–	0.27%	10
2021 Q2	$21.8M	Hold	290,307	–	–	0.28%	10
2021 Q1	$20M	Hold	290,307	–	–	0.28%	10
2020 Q4	$23.1M	Hold	290,307	–	–	0.33%	10
2020 Q3	$21.9M	Hold	290,307	–	–	0.36%	10
2020 Q2	$18.5M	Hold	290,307	–	–	0.31%	10
2020 Q1	$16.1M	Hold	290,307	–	–	0.34%	10
2019 Q4	$19.6M	Sell	290,307 -1,195	-0.4%	-$80.8K	0.31%	10
2019 Q3	$18.3M	Hold	291,502	–	–	0.31%	11
2019 Q2	$16.2M	Hold	291,502	–	–	0.27%	11
2019 Q1	$15.4M	Buy	291,502 +50,000	+21%	+$2.64M	0.3%	11
2018 Q4	$11.5M	Buy	241,502 +20,060	+9%	+$954K	0.28%	11
2018 Q3	$11.2M	Sell	221,442 -3,358	-1%	-$170K	0.25%	12
2018 Q2	$11M	Sell	224,800 -164,509	-42%	-$8.06M	0.27%	12
2018 Q1	$21.2M	Buy	+389,309	New	+$21.2M	0.56%	12