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Brown-Forman Class A

198 hedge funds and large institutions have $1.06B invested in Brown-Forman Class A in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 55 increasing their positions, 62 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.29% less ownership

Funds ownership: 9.89%9.59% (-0.29%)

3% less capital invested

Capital invested by funds: $1.09B → $1.06B (-$29.4M)

8% less funds holding

Funds holding: 215198 (-17)

11% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 62

12% less call options, than puts

Call options by funds: $717K | Put options by funds: $815K

55% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 22

Holders
198
Holders Change
-17
Holders Change %
-7.91%
% of All Funds
3.16%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
10
Increased
55
Reduced
62
Closed
22
Calls
$717K
Puts
$815K
Net Calls
-$98K
Net Calls Change
-$282K
Name Holding Trade Value Shares
Change
Change in
Stake
LT
1
Lindsell Train
United Kingdom
$191M +$228K +3,500 +0.1%
GRQ
2
Gardner Russo & Quinn
Pennsylvania
$160M -$1.83M -28,085 -1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$150M +$3.58M +54,980 +2%
BlackRock
4
BlackRock
New York
$70.3M -$639K -9,817 -0.9%
GF
5
Gabelli Funds
New York
$69.2M -$1.68M -25,900 -2%
MG
6
Markel Group
Virginia
$55M
GT
7
Glenview Trust
Kentucky
$33.2M
PNC Financial Services Group
8
PNC Financial Services Group
Pennsylvania
$29.6M +$248K +3,808 +0.8%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$22.7M +$1.47M +22,631 +7%
GI
10
GAMCO Investors
Connecticut
$19.8M -$611K -9,392 -3%
New York State Common Retirement Fund
11
New York State Common Retirement Fund
New York
$17.3M -$3.75M -57,592 -18%
Bessemer Group
12
Bessemer Group
New Jersey
$15.9M -$68.3K -1,050 -0.4%
Morgan Stanley
13
Morgan Stanley
New York
$15.6M -$369K -5,670 -2%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$15M +$91.2K +1,402 +0.6%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$10.4M +$650K +9,990 +7%
Charles Schwab
16
Charles Schwab
California
$8.87M -$12.7K -195 -0.1%
State Street
17
State Street
Massachusetts
$7.95M -$1.39M -21,364 -15%
Northern Trust
18
Northern Trust
Illinois
$7.66M +$1.48M +22,786 +24%
Brown Advisory
19
Brown Advisory
Maryland
$6.72M -$50.7K -779 -0.8%
HIC
20
Harvey Investment Company
Kentucky
$6.65M
N
21
Nuveen
North Carolina
$6.63M +$57.7K +887 +0.9%
SYBT
22
Stock Yards Bank & Trust
Kentucky
$6.61M -$22.8K -350 -0.3%
GWI
23
Grace & White Inc
New York
$6.29M
Goldman Sachs
24
Goldman Sachs
New York
$5.48M -$598K -9,189 -10%
Renaissance Technologies
25
Renaissance Technologies
New York
$5.43M -$111K -1,700 -2%

BF.A Hedge Fund Activity: Q1 2023 in Review

198 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q1 2023, worth a combined $1.06B — down 2.7% from $1.09B a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of BF.A and 10 opened new positions — a net loss of 12 holders — while 62 trimmed existing stakes and 55 added.

The largest buyer was Vanguard Group, adding an estimated $3.58M. The largest seller was Baird Financial Group, cutting an estimated $11.4M.

  • 198 institutional investors held Brown-Forman Class A (BF.A) as of Q1 2023, down from 215 in Q4 2022.
  • Funds reported $1.06B of Brown-Forman Class A stock for Q1 2023, down 2.7% quarter-over-quarter.
  • 10 funds opened new Brown-Forman Class A positions in Q1 2023 and 22 closed out, a net change of -12 holders.
  • The largest Brown-Forman Class A buyer in Q1 2023 was Vanguard Group, an estimated $3.58M added.
  • The largest Brown-Forman Class A seller in Q1 2023 was Baird Financial Group, an estimated $11.4M sold.

Based on aggregated 13F filings for Q1 2023.