Brown-Forman Class ABF.A
About: Brown-Forman is a US-based manufacturer of premium distilled spirits that generates close to 70% of revenues in the whiskey category, under well-known Tennessee whiskey brand Jack Daniel's and bourbon brands Woodford Reserve and Old Forester. It also manufactures and distributes tequila, vodka, rum, gin, and premium wines. The company generates 45% of sales from its home market, while the bulk of international revenues come from Europe, Australia, and Latin America. The Brown family controls over 50% of the economic interests and a 67% voting power of the company.
Employees: 5,700
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
126% more call options, than puts
Call options by funds: $400K | Put options by funds: $177K
100% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]
19% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 26
1% more funds holding
Funds holding: 201 [Q3] → 203 (+2) [Q4]
0.05% less ownership
Funds ownership: 10.58% [Q3] → 10.52% (-0.05%) [Q4]
5% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 65
22% less capital invested
Capital invested by funds: $860M [Q3] → $671M (-$189M) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for BF.A.
Financial journalist opinion









