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Brown-Forman Class B

658 hedge funds and large institutions have $9.83B invested in Brown-Forman Class B in 2023 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 222 increasing their positions, 240 reducing their positions, and 59 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

0.21% more ownership

Funds ownership: 49.19%49.4% (+0.21%)

1% less capital invested

Capital invested by funds: $9.93B → $9.83B (-$100M)

8% less repeat investments, than reductions

Existing positions increased: 222 | Existing positions reduced: 240

3% less funds holding

Funds holding: 679658 (-21)

12% less first-time investments, than exits

New positions opened: 52 | Existing positions closed: 59

25% less call options, than puts

Call options by funds: $1.55M | Put options by funds: $2.07M

Holders
658
Holders Change
-21
Holders Change %
-3.09%
% of All Funds
10.49%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.1%
New
52
Increased
222
Reduced
240
Closed
59
Calls
$1.55M
Puts
$2.07M
Net Calls
-$521K
Net Calls Change
-$5.72M
Name Holding Trade Value Shares
Change
Change in
Stake
TCM
226
Tran Capital Management
California
$2.15M -$249K -3,828 -10%
DILIC
227
Dai-ichi Life Insurance Company
Japan
$2.12M
URS
228
Utah Retirement Systems
Utah
$2.1M +$13K +200 +0.6%
SSA
229
Schonfeld Strategic Advisors
New York
$2.04M -$975K -15,008 -32%
AI
230
Atria Investments
North Carolina
$2.03M -$364K -5,607 -15%
CW
231
CIC Wealth
Maryland
$2.01M -$103K -1,583 -5%
ACM
232
Aquatic Capital Management
Illinois
$2M +$2.03M +31,200 New
COPPSERS
233
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$1.99M +$5.97K +92 +0.3%
AAF
234
Andra AP-fonden
Sweden
$1.96M -$3.36M -51,700 -63%
CIBC Asset Management
235
CIBC Asset Management
Ontario, Canada
$1.95M +$46.7K +719 +2%
ET
236
Equitable Trust
Tennessee
$1.94M
V
237
Veritable
Delaware
$1.94M +$2.73K +42 +0.1%
BRCM
238
Bright Rock Capital Management
Massachusetts
$1.9M
JWCA
239
J.W. Cole Advisors
Florida
$1.89M +$16.9K +260 +0.9%
NA
240
NewEdge Advisors
Louisiana
$1.88M -$59.8K -921 -3%
CAPTRUST Financial Advisors
241
CAPTRUST Financial Advisors
North Carolina
$1.86M -$520 -8 -0%
State of Tennessee, Department of Treasury
242
State of Tennessee, Department of Treasury
Tennessee
$1.81M +$60.1K +926 +3%
VIA
243
Vident Investment Advisory
Georgia
$1.81M +$198K +3,056 +12%
SC
244
Stephens Consulting
Michigan
$1.8M
1832 Asset Management
245
1832 Asset Management
Ontario, Canada
$1.78M -$302K -4,652 -14%
BCIM
246
British Columbia Investment Management
British Columbia, Canada
$1.76M
DWP
247
Daymark Wealth Partners
Ohio
$1.75M
SO
248
STRS Ohio
Ohio
$1.74M -$210K -3,231 -11%
SOADOR
249
State of Alaska Department of Revenue
Alaska
$1.74M -$27.5K -424 -2%
Natixis Advisors
250
Natixis Advisors
Massachusetts
$1.74M -$141K -2,168 -7%

BF.B Hedge Fund Activity: Q1 2023 in Review

658 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q1 2023, worth a combined $9.83B — down 1% from $9.93B a quarter earlier.

Sellers outnumbered buyers: 59 funds closed out of BF.B and 52 opened new positions — a net loss of 7 holders — while 240 trimmed existing stakes and 222 added.

The largest buyer was First Trust Advisors, adding an estimated $191M. The largest seller was Brown Advisory, cutting an estimated $164M.

  • 658 institutional investors held Brown-Forman Class B (BF.B) as of Q1 2023, down from 679 in Q4 2022.
  • Funds reported $9.83B of Brown-Forman Class B stock for Q1 2023, down 1% quarter-over-quarter.
  • 52 funds opened new Brown-Forman Class B positions in Q1 2023 and 59 closed out, a net change of -7 holders.
  • The largest Brown-Forman Class B buyer in Q1 2023 was First Trust Advisors, an estimated $191M added.
  • The largest Brown-Forman Class B seller in Q1 2023 was Brown Advisory, an estimated $164M sold.

Based on aggregated 13F filings for Q1 2023.