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Brown-Forman Class A

203 hedge funds and large institutions have $860M invested in Brown-Forman Class A in 2024 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 70 increasing their positions, 50 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

180% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 10

83% more call options, than puts

Call options by funds: $106K | Put options by funds: $58K

40% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 50

10% more funds holding

Funds holding: 185203 (+18)

9% more capital invested

Capital invested by funds: $787M → $860M (+$73.3M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% less ownership

Funds ownership: 10.58%10.58% (-0%)

Holders
203
Holders Change
+18
Holders Change %
+9.73%
% of All Funds
2.91%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
28
Increased
70
Reduced
50
Closed
10
Calls
$106K
Puts
$58K
Net Calls
+$48K
Net Calls Change
-$111K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$147M -$35.4M -784,094 -20%
LT
2
Lindsell Train
United Kingdom
$138M +$1.37M +30,340 +1%
GRQ
3
Gardner Russo & Quinn
Pennsylvania
$102M -$1.98M -43,917 -2%
BlackRock
4
BlackRock
New York
$50.7M +$447K +9,900 +0.9%
GF
5
Gabelli Funds
New York
$45.3M -$1.65M -36,600 -4%
MG
6
Markel Group
Virginia
$40.5M
New York State Common Retirement Fund
7
New York State Common Retirement Fund
New York
$25.8M +$10.9M +241,895 +82%
GT
8
Glenview Trust
Kentucky
$24.3M
Geode Capital Management
9
Geode Capital Management
Massachusetts
$22.4M +$1.21M +26,757 +6%
PNC Financial Services Group
10
PNC Financial Services Group
Pennsylvania
$21.2M -$96.6K -2,137 -0.5%
Morgan Stanley
11
Morgan Stanley
New York
$18.8M +$4.68M +103,547 +36%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$15.3M -$2.32M -51,447 -14%
GI
13
GAMCO Investors
Connecticut
$11.9M -$127K -2,802 -1%
Bessemer Group
14
Bessemer Group
New Jersey
$11.4M -$195K -4,326 -2%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$10.5M -$469K -10,382 -5%
Cerity Partners
16
Cerity Partners
New York
$9.05M -$18.4K -408 -0.2%
HF
17
HRT Financial
New York
$8.53M +$7.45M +164,800 +1,314%
Baird Financial Group
18
Baird Financial Group
Wisconsin
$7.87M -$34.2K -758 -0.5%
Northern Trust
19
Northern Trust
Illinois
$7.27M +$353K +7,809 +5%
Goldman Sachs
20
Goldman Sachs
New York
$6.32M +$2.63M +58,209 +80%
Legal & General Group
21
Legal & General Group
United Kingdom
$5.45M +$928K +20,535 +22%
Millennium Management
22
Millennium Management
New York
$5.41M +$5.08M +112,494 New
State Street
23
State Street
Massachusetts
$5.23M -$127K -2,803 -3%
HIC
24
Harvey Investment Company
Kentucky
$4.91M
Renaissance Technologies
25
Renaissance Technologies
New York
$4.9M -$741K -16,400 -14%

BF.A Hedge Fund Activity: Q3 2024 in Review

203 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class A (BF.A) for Q3 2024, worth a combined $860M — up 9.3% from $787M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new BF.A positions and 10 closed out — a net gain of 18 holders — while 70 added to existing stakes and 50 trimmed.

The largest buyer was New York State Common Retirement Fund, adding an estimated $10.9M. The largest seller was Vanguard Group, cutting an estimated $35.4M.

  • 203 institutional investors held Brown-Forman Class A (BF.A) as of Q3 2024, up from 185 in Q2 2024.
  • Funds reported $860M of Brown-Forman Class A stock for Q3 2024, up 9.3% quarter-over-quarter.
  • 28 funds opened new Brown-Forman Class A positions in Q3 2024 and 10 closed out, a net change of +18 holders.
  • The largest Brown-Forman Class A buyer in Q3 2024 was New York State Common Retirement Fund, an estimated $10.9M added.
  • The largest Brown-Forman Class A seller in Q3 2024 was Vanguard Group, an estimated $35.4M sold.

Based on aggregated 13F filings for Q3 2024.