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Brown-Forman Class A

196 hedge funds and large institutions have $1.45B invested in Brown-Forman Class A in 2021 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 47 increasing their positions, 58 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 16

10% more capital invested

Capital invested by funds: $1.33B → $1.45B (+$126M)

2% more funds holding

Funds holding: 192196 (+4)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0.14% less ownership

Funds ownership: 12.33%12.2% (-0.14%)

19% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 58

Holders
196
Holders Change
+4
Holders Change %
+2.08%
% of All Funds
3.41%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
21
Increased
47
Reduced
58
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GRQ
1
Gardner Russo & Quinn
Pennsylvania
$204M -$5.82M -81,666 -3%
P
2
Pitcairn
Pennsylvania
$202M
LT
3
Lindsell Train
United Kingdom
$201M
BP
4
BBR Partners
New York
$164M
GF
5
Gabelli Funds
New York
$81.8M -$1.33M -18,600 -2%
BlackRock
6
BlackRock
New York
$72.6M -$4.54M -63,735 -6%
MG
7
Markel Group
Virginia
$59.4M
Vanguard Group
8
Vanguard Group
Pennsylvania
$45.6M +$5.02M +70,395 +12%
New York State Common Retirement Fund
9
New York State Common Retirement Fund
New York
$37M -$14.3M -200,680 -28%
PNC Financial Services Group
10
PNC Financial Services Group
Pennsylvania
$32M +$152K +2,127 +0.5%
GI
11
GAMCO Investors
Connecticut
$27.5M -$420K -5,900 -1%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$18.7M +$387K +5,429 +2%
Bessemer Group
13
Bessemer Group
New Jersey
$18.3M -$896K -12,574 -5%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$16.5M +$204K +2,856 +1%
Baird Financial Group
15
Baird Financial Group
Wisconsin
$14.6M -$27.1K -380 -0.2%
ESCM
16
Echo Street Capital Management
New York
$12.5M +$1.94M +27,250 +18%
State Street
17
State Street
Massachusetts
$11.7M +$2.15M +30,238 +22%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$11M +$3.7M +51,950 +50%
CPO
19
Cerity Partners OCIO
New York
$10.9M +$703K +9,866 +7%
PPA
20
Parametric Portfolio Associates
Washington
$10.2M +$119K +1,677 +1%
Norges Bank
21
Norges Bank
Norway
$9.48M +$8.49M +119,144 +780%
Northern Trust
22
Northern Trust
Illinois
$9.31M -$2.28M -31,991 -19%
Charles Schwab
23
Charles Schwab
California
$8.49M +$160K +2,251 +2%
RhumbLine Advisers
24
RhumbLine Advisers
Massachusetts
$8.24M +$3.86M +54,180 +86%
N
25
Nuveen
North Carolina
$8.05M -$1.37M -19,218 -14%

BF.A Hedge Fund Activity: Q2 2021 in Review

196 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q2 2021, worth a combined $1.45B — up 9.5% from $1.33B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new BF.A positions and 16 closed out — a net gain of 5 holders — while 47 added to existing stakes and 58 trimmed.

The largest buyer was Norges Bank, adding an estimated $8.49M. The largest seller was New York State Common Retirement Fund, cutting an estimated $14.3M.

  • 196 institutional investors held Brown-Forman Class A (BF.A) as of Q2 2021, up from 192 in Q1 2021.
  • Funds reported $1.45B of Brown-Forman Class A stock for Q2 2021, up 9.5% quarter-over-quarter.
  • 21 funds opened new Brown-Forman Class A positions in Q2 2021 and 16 closed out, a net change of +5 holders.
  • The largest Brown-Forman Class A buyer in Q2 2021 was Norges Bank, an estimated $8.49M added.
  • The largest Brown-Forman Class A seller in Q2 2021 was New York State Common Retirement Fund, an estimated $14.3M sold.

Based on aggregated 13F filings for Q2 2021.