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Brown-Forman Class A

185 hedge funds and large institutions have $787M invested in Brown-Forman Class A in 2024 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 56 increasing their positions, 57 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more call options, than puts

Call options by funds: $265K | Put options by funds: $106K

0.03% more ownership

Funds ownership: 10.54%10.58% (+0.03%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 57

2% less funds holding

Funds holding: 188185 (-3)

11% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 27

17% less capital invested

Capital invested by funds: $945M → $787M (-$158M)

Holders
185
Holders Change
-3
Holders Change %
-1.6%
% of All Funds
2.67%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
24
Increased
56
Reduced
57
Closed
27
Calls
$265K
Puts
$106K
Net Calls
+$159K
Net Calls Change
-$365K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$170M +$1.31M +27,385 +0.7%
LT
2
Lindsell Train
United Kingdom
$123M
GRQ
3
Gardner Russo & Quinn
Pennsylvania
$95.8M -$1.34M -28,011 -1%
BlackRock
4
BlackRock
New York
$46.1M -$7.31M -153,252 -13%
GF
5
Gabelli Funds
New York
$43.2M -$262K -5,500 -0.6%
MG
6
Markel Group
Virginia
$37.2M
GT
7
Glenview Trust
Kentucky
$22.3M -$464K -9,720 -2%
PNC Financial Services Group
8
PNC Financial Services Group
Pennsylvania
$19.5M -$186K -3,892 -0.9%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$19.4M -$131K -2,746 -0.6%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$16.3M +$5.06M +106,125 +40%
New York State Common Retirement Fund
11
New York State Common Retirement Fund
New York
$13M +$143 +3 +0%
Morgan Stanley
12
Morgan Stanley
New York
$12.7M +$3.01M +63,110 +28%
GI
13
GAMCO Investors
Connecticut
$11M -$1.51M -31,645 -11%
Bessemer Group
14
Bessemer Group
New Jersey
$10.6M -$763 -16 -0%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$10.1M -$62K -1,300 -0.6%
Cerity Partners
16
Cerity Partners
New York
$8.32M -$218K -4,577 -2%
Baird Financial Group
17
Baird Financial Group
Wisconsin
$7.25M -$610K -12,782 -7%
RhumbLine Advisers
18
RhumbLine Advisers
Massachusetts
$7.09M +$3.35M +70,126 +78%
Northern Trust
19
Northern Trust
Illinois
$6.33M +$181K +3,787 +3%
Renaissance Technologies
20
Renaissance Technologies
New York
$5.22M +$3.84M +80,400 +212%
State Street
21
State Street
Massachusetts
$4.93M -$547K -11,469 -9%
HIC
22
Harvey Investment Company
Kentucky
$4.5M
SYBT
23
Stock Yards Bank & Trust
Kentucky
$4.35M -$7.25K -152 -0.2%
Brown Advisory
24
Brown Advisory
Maryland
$4.27M -$200K -4,194 -4%
GWI
25
Grace & White Inc
New York
$4.26M

BF.A Hedge Fund Activity: Q2 2024 in Review

185 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q2 2024, worth a combined $787M — down 17% from $945M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of BF.A and 24 opened new positions — a net loss of 3 holders — while 57 trimmed existing stakes and 56 added.

The largest buyer was Bank of New York Mellon, adding an estimated $5.06M. The largest seller was BlackRock, cutting an estimated $7.31M.

  • 185 institutional investors held Brown-Forman Class A (BF.A) as of Q2 2024, down from 188 in Q1 2024.
  • Funds reported $787M of Brown-Forman Class A stock for Q2 2024, down 17% quarter-over-quarter.
  • 24 funds opened new Brown-Forman Class A positions in Q2 2024 and 27 closed out, a net change of -3 holders.
  • The largest Brown-Forman Class A buyer in Q2 2024 was Bank of New York Mellon, an estimated $5.06M added.
  • The largest Brown-Forman Class A seller in Q2 2024 was BlackRock, an estimated $7.31M sold.

Based on aggregated 13F filings for Q2 2024.