Brown-Forman Class A
BF.A
191 hedge funds and large institutions have $1.09B invested in Brown-Forman Class A in 2023 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 55 increasing their positions, 60 reducing their positions, and 14 closing their positions.
1,617% more call options, than puts
Call options by funds: $721K | Put options by funds: $42K
79% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 14
4% more funds holding
Funds holding: 184 → 191 (+7)
4% more capital invested
Capital invested by funds: $1.04B → $1.09B (+$45.6M)
0.19% more ownership
Funds ownership: 10.61% → 10.79% (+0.19%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$13.8M |
| 2 |
Bank of New York Mellon
New York
|
+$6.39M |
| 3 |
Legal & General Group
London,
United Kingdom
|
+$1.75M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.7M |
| 5 |
SO
STRS Ohio
Columbus,
Ohio
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GRQ
Gardner Russo & Quinn
Lancaster,
Pennsylvania
|
-$5.09M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
-$5.05M |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
-$1.51M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
-$1.14M |
| 5 |
Jane Street
New York
|
-$1.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
EARNEST Partners
Atlanta,
Georgia
| – | -$3.2K | -55 | Closed |
|
|
ECM
202
ExodusPoint Capital Management
New York
| – | -$1K | -25 | Closed |
|
|
FSWA
203
Financial Synergies Wealth Advisors
Houston,
Texas
| – | -$814 | -14 | Closed |
|
|
WT
204
Whittier Trust
South Pasadena,
California
| – | -$464 | -8 | Closed |
|
|
VCM
205
Versant Capital Management
Phoenix,
Arizona
| – | -$291 | -5 | Closed |
|
BF.A Hedge Fund Activity: Q4 2023 in Review
191 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q4 2023, worth a combined $1.09B — up 4.4% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new BF.A positions and 14 closed out — a net gain of 11 holders — while 55 added to existing stakes and 60 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $13.8M. The largest seller was Gardner Russo & Quinn, cutting an estimated $5.09M.
- 191 institutional investors held Brown-Forman Class A (BF.A) as of Q4 2023, up from 184 in Q3 2023.
- Funds reported $1.09B of Brown-Forman Class A stock for Q4 2023, up 4.4% quarter-over-quarter.
- 25 funds opened new Brown-Forman Class A positions in Q4 2023 and 14 closed out, a net change of +11 holders.
- The largest Brown-Forman Class A buyer in Q4 2023 was Morgan Stanley, an estimated $13.8M added.
- The largest Brown-Forman Class A seller in Q4 2023 was Gardner Russo & Quinn, an estimated $5.09M sold.
Based on aggregated 13F filings for Q4 2023.