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Brown-Forman Class A

211 hedge funds and large institutions have $1.14B invested in Brown-Forman Class A in 2022 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 65 increasing their positions, 57 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 57

5% more capital invested

Capital invested by funds: $1.09B → $1.14B (+$52.8M)

0.61% more ownership

Funds ownership: 9.38%9.99% (+0.61%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less funds holding

Funds holding: 213211 (-2)

12% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 17

Holders
211
Holders Change
-2
Holders Change %
-0.94%
% of All Funds
3.63%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
15
Increased
65
Reduced
57
Closed
17
Calls
$270K
Puts
Net Calls
+$270K
Net Calls Change
-$183K
Name Holding Trade Value Shares
Change
Change in
Stake
LT
1
Lindsell Train
United Kingdom
$199M -$1.65M -23,000 -0.8%
GRQ
2
Gardner Russo & Quinn
Pennsylvania
$177M -$3.55M -49,547 -2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$143M +$90.5M +1,263,792 +147%
GF
4
Gabelli Funds
New York
$73.9M -$1.05M -14,700 -1%
BlackRock
5
BlackRock
New York
$70.8M -$395K -5,514 -0.5%
MG
6
Markel Group
Virginia
$57M
New York State Common Retirement Fund
7
New York State Common Retirement Fund
New York
$36.8M +$19.8M +275,925 +103%
GT
8
Glenview Trust
Kentucky
$34.4M -$17.8K -249 -0%
PNC Financial Services Group
9
PNC Financial Services Group
Pennsylvania
$30.4M +$37.9K +529 +0.1%
GI
10
GAMCO Investors
Connecticut
$22.1M -$1.5M -21,000 -6%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$20.8M +$858K +11,986 +4%
Bessemer Group
12
Bessemer Group
New Jersey
$16.6M +$55.1K +770 +0.3%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$15.4M +$173K +2,410 +1%
Morgan Stanley
14
Morgan Stanley
New York
$14.6M -$796K -11,124 -5%
CPO
15
Cerity Partners OCIO
New York
$12.5M +$262K +3,656 +2%
Baird Financial Group
16
Baird Financial Group
Wisconsin
$12.5M -$29.3K -410 -0.2%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$9.87M -$3.61M -50,496 -26%
State Street
18
State Street
Massachusetts
$9.71M -$3.69M -51,560 -26%
Charles Schwab
19
Charles Schwab
California
$8.9M +$362K +5,062 +4%
Goldman Sachs
20
Goldman Sachs
New York
$7.13M +$635K +8,865 +9%
Brown Advisory
21
Brown Advisory
Maryland
$7.02M -$10.8K -151 -0.1%
HIC
22
Harvey Investment Company
Kentucky
$6.89M
Northern Trust
23
Northern Trust
Illinois
$6.77M +$159K +2,223 +2%
N
24
Nuveen
North Carolina
$6.65M -$347K -4,842 -5%
GWI
25
Grace & White Inc
New York
$6.52M

BF.A Hedge Fund Activity: Q3 2022 in Review

211 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q3 2022, worth a combined $1.14B — up 4.9% from $1.09B a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of BF.A and 15 opened new positions — a net loss of 2 holders — while 57 trimmed existing stakes and 65 added.

The largest buyer was Vanguard Group, adding an estimated $90.5M. The largest seller was Echo Street Capital Management, exiting entirely with an estimated $14.4M sold.

  • 211 institutional investors held Brown-Forman Class A (BF.A) as of Q3 2022, down from 213 in Q2 2022.
  • Funds reported $1.14B of Brown-Forman Class A stock for Q3 2022, up 4.9% quarter-over-quarter.
  • 15 funds opened new Brown-Forman Class A positions in Q3 2022 and 17 closed out, a net change of -2 holders.
  • The largest Brown-Forman Class A buyer in Q3 2022 was Vanguard Group, an estimated $90.5M added.
  • The largest Brown-Forman Class A seller in Q3 2022 was Echo Street Capital Management, an estimated $14.4M sold.

Based on aggregated 13F filings for Q3 2022.