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Brown-Forman Class A

188 hedge funds and large institutions have $945M invested in Brown-Forman Class A in 2024 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 41 increasing their positions, 78 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

330% more call options, than puts

Call options by funds: $683K | Put options by funds: $159K

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.25% less ownership

Funds ownership: 10.79%10.54% (-0.25%)

6% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 17

2% less funds holding

Funds holding: 191188 (-3)

13% less capital invested

Capital invested by funds: $1.09B → $945M (-$143M)

47% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 78

Holders
188
Holders Change
-3
Holders Change %
-1.57%
% of All Funds
2.71%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
16
Increased
41
Reduced
78
Closed
17
Calls
$683K
Puts
$159K
Net Calls
+$524K
Net Calls Change
-$155K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$202M -$1.65M -28,909 -0.8%
LT
2
Lindsell Train
United Kingdom
$151M -$5.42M -94,895 -3%
GRQ
3
Gardner Russo & Quinn
Pennsylvania
$116M -$4.04M -70,621 -3%
BlackRock
4
BlackRock
New York
$63.4M +$51.4K +899 +0.1%
GF
5
Gabelli Funds
New York
$52.1M -$743K -13,000 -1%
MG
6
Markel Group
Virginia
$44.6M
GT
7
Glenview Trust
Kentucky
$27.3M -$175K -3,055 -0.6%
PNC Financial Services Group
8
PNC Financial Services Group
Pennsylvania
$23.7M +$28.2K +493 +0.1%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$23.4M +$800K +13,993 +3%
New York State Common Retirement Fund
10
New York State Common Retirement Fund
New York
$15.6M -$194K -3,387 -1%
GI
11
GAMCO Investors
Connecticut
$14.9M -$146K -2,550 -0.9%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$13.9M -$186K -3,251 -1%
Bessemer Group
13
Bessemer Group
New Jersey
$12.8M -$11K -193 -0.1%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$12.1M +$347K +6,074 +3%
Morgan Stanley
15
Morgan Stanley
New York
$11.9M -$14.1M -247,099 -52%
Cerity Partners
16
Cerity Partners
New York
$10.2M +$90K +1,575 +0.8%
Baird Financial Group
17
Baird Financial Group
Wisconsin
$9.38M -$70.2K -1,229 -0.7%
Northern Trust
18
Northern Trust
Illinois
$7.39M -$186K -3,255 -2%
State Street
19
State Street
Massachusetts
$6.52M -$45.8K -801 -0.6%
N
20
Nuveen
North Carolina
$5.42M +$418K +7,309 +8%
HIC
21
Harvey Investment Company
Kentucky
$5.4M
Brown Advisory
22
Brown Advisory
Maryland
$5.35M -$100K -1,750 -2%
SYBT
23
Stock Yards Bank & Trust
Kentucky
$5.23M -$20.2K -354 -0.4%
GWI
24
Grace & White Inc
New York
$5.11M
RhumbLine Advisers
25
RhumbLine Advisers
Massachusetts
$4.79M -$263K -4,598 -5%

BF.A Hedge Fund Activity: Q1 2024 in Review

188 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q1 2024, worth a combined $945M — down 13% from $1.09B a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of BF.A and 16 opened new positions — a net loss of 1 holder — while 78 trimmed existing stakes and 41 added.

The largest buyer was Jane Street, adding an estimated $4.14M. The largest seller was Morgan Stanley, cutting an estimated $14.1M.

  • 188 institutional investors held Brown-Forman Class A (BF.A) as of Q1 2024, down from 191 in Q4 2023.
  • Funds reported $945M of Brown-Forman Class A stock for Q1 2024, down 13% quarter-over-quarter.
  • 16 funds opened new Brown-Forman Class A positions in Q1 2024 and 17 closed out, a net change of -1 holder.
  • The largest Brown-Forman Class A buyer in Q1 2024 was Jane Street, an estimated $4.14M added.
  • The largest Brown-Forman Class A seller in Q1 2024 was Morgan Stanley, an estimated $14.1M sold.

Based on aggregated 13F filings for Q1 2024.