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Brown-Forman Class A

184 hedge funds and large institutions have $1.04B invested in Brown-Forman Class A in 2023 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 48 increasing their positions, 63 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.13% more ownership

Funds ownership: 10.47%10.61% (+0.13%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

6% less funds holding

Funds holding: 196184 (-12)

14% less capital invested

Capital invested by funds: $1.21B → $1.04B (-$163M)

24% less repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 63

37% less call options, than puts

Call options by funds: $168K | Put options by funds: $267K

50% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 22

Holders
184
Holders Change
-12
Holders Change %
-6.12%
% of All Funds
2.92%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
11
Increased
48
Reduced
63
Closed
22
Calls
$168K
Puts
$267K
Net Calls
-$99K
Net Calls Change
-$405K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$222M +$51M +751,596 +24%
LT
2
Lindsell Train
United Kingdom
$171M
GRQ
3
Gardner Russo & Quinn
Pennsylvania
$137M -$3.02M -44,529 -2%
BlackRock
4
BlackRock
New York
$68.5M -$10.9K -160 -0%
GF
5
Gabelli Funds
New York
$59.4M -$909K -13,400 -1%
MG
6
Markel Group
Virginia
$49M
GT
7
Glenview Trust
Kentucky
$28.8M +$184K +2,708 +0.5%
PNC Financial Services Group
8
PNC Financial Services Group
Pennsylvania
$25.9M -$218K -3,207 -0.7%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$23.2M +$1.25M +18,471 +5%
New York State Common Retirement Fund
10
New York State Common Retirement Fund
New York
$22.3M +$7.44M +109,682 +40%
GI
11
GAMCO Investors
Connecticut
$17.1M -$523K -7,700 -3%
Bessemer Group
12
Bessemer Group
New Jersey
$14M -$163K -2,408 -1%
Morgan Stanley
13
Morgan Stanley
New York
$13.8M -$180K -2,649 -1%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$13.2M -$190K -2,794 -1%
Cerity Partners
15
Cerity Partners
New York
$11.1M +$257K +3,791 +2%
Baird Financial Group
16
Baird Financial Group
Wisconsin
$10.3M -$212K -3,120 -2%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$9.14M -$3.36M -49,553 -24%
Northern Trust
18
Northern Trust
Illinois
$7.61M -$2.73M -40,210 -23%
State Street
19
State Street
Massachusetts
$6.94M +$129K +1,898 +2%
N
20
Nuveen
North Carolina
$6.04M +$458K +6,756 +7%
Brown Advisory
21
Brown Advisory
Maryland
$5.99M -$13.4K -197 -0.2%
SYBT
22
Stock Yards Bank & Trust
Kentucky
$5.98M -$19.7K -290 -0.3%
HIC
23
Harvey Investment Company
Kentucky
$5.93M
GWI
24
Grace & White Inc
New York
$5.61M
RhumbLine Advisers
25
RhumbLine Advisers
Massachusetts
$5.52M -$4.81M -70,954 -43%

BF.A Hedge Fund Activity: Q3 2023 in Review

184 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q3 2023, worth a combined $1.04B — down 14% from $1.21B a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of BF.A and 11 opened new positions — a net loss of 11 holders — while 63 trimmed existing stakes and 48 added.

The largest buyer was Vanguard Group, adding an estimated $51M. The largest seller was Jane Street, cutting an estimated $12.7M.

  • 184 institutional investors held Brown-Forman Class A (BF.A) as of Q3 2023, down from 196 in Q2 2023.
  • Funds reported $1.04B of Brown-Forman Class A stock for Q3 2023, down 14% quarter-over-quarter.
  • 11 funds opened new Brown-Forman Class A positions in Q3 2023 and 22 closed out, a net change of -11 holders.
  • The largest Brown-Forman Class A buyer in Q3 2023 was Vanguard Group, an estimated $51M added.
  • The largest Brown-Forman Class A seller in Q3 2023 was Jane Street, an estimated $12.7M sold.

Based on aggregated 13F filings for Q3 2023.