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Brown-Forman Class A

196 hedge funds and large institutions have $1.21B invested in Brown-Forman Class A in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 53 increasing their positions, 60 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

264% more call options, than puts

Call options by funds: $422K | Put options by funds: $116K

14% more capital invested

Capital invested by funds: $1.06B → $1.21B (+$148M)

0.88% more ownership

Funds ownership: 9.59%10.47% (+0.88%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less funds holding

Funds holding: 198196 (-2)

11% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 19

12% less repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 60

Holders
196
Holders Change
-2
Holders Change %
-1.01%
% of All Funds
3.08%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
53
Reduced
60
Closed
19
Calls
$422K
Puts
$116K
Net Calls
+$306K
Net Calls Change
+$404K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$209M +$49.7M +763,093 +33%
LT
2
Lindsell Train
United Kingdom
$200M +$391K +6,000 +0.2%
GRQ
3
Gardner Russo & Quinn
Pennsylvania
$163M -$3.18M -48,825 -2%
BlackRock
4
BlackRock
New York
$80.3M +$6.63M +101,876 +9%
GF
5
Gabelli Funds
New York
$70.5M -$1.63M -25,000 -2%
MG
6
Markel Group
Virginia
$57.4M
GT
7
Glenview Trust
Kentucky
$34.7M -$27.7K -426 -0.1%
PNC Financial Services Group
8
PNC Financial Services Group
Pennsylvania
$30.5M -$325K -4,991 -1%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$25.9M +$2.09M +32,042 +9%
GI
10
GAMCO Investors
Connecticut
$20.6M -$140K -2,150 -0.7%
New York State Common Retirement Fund
11
New York State Common Retirement Fund
New York
$18.7M +$628K +9,638 +4%
Bessemer Group
12
Bessemer Group
New Jersey
$16.6M -$32.6K -501 -0.2%
Morgan Stanley
13
Morgan Stanley
New York
$16.4M +$77.5K +1,190 +0.5%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$15.6M -$49.5K -760 -0.3%
Jane Street
15
Jane Street
New York
$14.8M +$14.2M +217,678 New
Bank of New York Mellon
16
Bank of New York Mellon
New York
$14.1M +$3.07M +47,084 +29%
Cerity Partners
17
Cerity Partners
New York
$12.7M +$12.2M +187,163 New
Baird Financial Group
18
Baird Financial Group
Wisconsin
$12.3M +$7.61M +116,932 +182%
Northern Trust
19
Northern Trust
Illinois
$11.7M +$3.49M +53,576 +46%
RhumbLine Advisers
20
RhumbLine Advisers
Massachusetts
$11.3M +$5.52M +84,762 +104%
Charles Schwab
21
Charles Schwab
California
$9.28M +$19.9K +306 +0.2%
State Street
22
State Street
Massachusetts
$7.99M -$298K -4,569 -4%
SYBT
23
Stock Yards Bank & Trust
Kentucky
$7.03M +$130K +1,990 +2%
Brown Advisory
24
Brown Advisory
Maryland
$7.03M +$12.8K +197 +0.2%
HIC
25
Harvey Investment Company
Kentucky
$6.95M

BF.A Hedge Fund Activity: Q2 2023 in Review

196 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q2 2023, worth a combined $1.21B — up 14% from $1.06B a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of BF.A and 17 opened new positions — a net loss of 2 holders — while 60 trimmed existing stakes and 53 added.

The largest buyer was Vanguard Group, adding an estimated $49.7M. The largest seller was Gardner Russo & Quinn, cutting an estimated $3.18M.

  • 196 institutional investors held Brown-Forman Class A (BF.A) as of Q2 2023, down from 198 in Q1 2023.
  • Funds reported $1.21B of Brown-Forman Class A stock for Q2 2023, up 14% quarter-over-quarter.
  • 17 funds opened new Brown-Forman Class A positions in Q2 2023 and 19 closed out, a net change of -2 holders.
  • The largest Brown-Forman Class A buyer in Q2 2023 was Vanguard Group, an estimated $49.7M added.
  • The largest Brown-Forman Class A seller in Q2 2023 was Gardner Russo & Quinn, an estimated $3.18M sold.

Based on aggregated 13F filings for Q2 2023.