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Brown-Forman Class B

655 hedge funds and large institutions have $10.5B invested in Brown-Forman Class B in 2023 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 224 increasing their positions, 229 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

178% more call options, than puts

Call options by funds: $1.6M | Put options by funds: $574K

7% more capital invested

Capital invested by funds: $9.83B → $10.5B (+$653M)

1.29% more ownership

Funds ownership: 49.4%50.69% (+1.3%)

1% less funds holding

Funds holding: 659655 (-4)

2% less repeat investments, than reductions

Existing positions increased: 224 | Existing positions reduced: 229

7% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 57

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

Holders
655
Holders Change
-4
Holders Change %
-0.61%
% of All Funds
10.28%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
53
Increased
224
Reduced
229
Closed
57
Calls
$1.6M
Puts
$574K
Net Calls
+$1.02M
Net Calls Change
+$1.54M
Name Holding Trade Value Shares
Change
Change in
Stake
PFO
226
Pathstone Family Office
New Jersey
$2.34M +$71.9K +1,123 +3%
GLA
227
Great Lakes Advisors
Illinois
$2.34M +$26.4K +413 +1%
MP
228
McDonald Partners
Ohio
$2.29M +$1.66K +26 +0.1%
HIMC
229
Heritage Investors Management Corp
Maryland
$2.27M -$83K -1,297 -4%
SB
230
Simmons Bank
Arkansas
$2.26M
LCM
231
LRT Capital Management
Texas
$2.26M +$479K +7,490 +28%
Fifth Third Bancorp
232
Fifth Third Bancorp
Ohio
$2.26M -$101K -1,578 -4%
AI
233
Atria Investments
North Carolina
$2.25M +$128K +2,002 +6%
TCM
234
Tran Capital Management
California
$2.23M
GAM
235
Gotham Asset Management
New York
$2.16M +$1.07M +16,770 +108%
NAM
236
Nissay Asset Management
Japan
$2.15M -$95.5K -1,492 -4%
COPPSERS
237
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$2.13M +$57.4K +897 +3%
URS
238
Utah Retirement Systems
Utah
$2.11M -$70.4K -1,100 -3%
CW
239
CIC Wealth
Maryland
$2.09M +$64 +1 +0%
ET
240
Equitable Trust
Tennessee
$2.02M
DWP
241
Daymark Wealth Partners
Ohio
$2.02M +$192K +3,006 +11%
V
242
Veritable
Delaware
$2.01M -$5.82K -91 -0.3%
CIBC Asset Management
243
CIBC Asset Management
Ontario, Canada
$2.01M -$17.2K -268 -0.9%
RJFSA
244
Raymond James Financial Services Advisors
Florida
$2M +$577K +9,011 +43%
BRCM
245
Bright Rock Capital Management
Massachusetts
$1.97M
JWCA
246
J.W. Cole Advisors
Florida
$1.96M +$64 +1 +0%
WG
247
Winton Group
United Kingdom
$1.95M +$1.87M +29,166 New
SOADOR
248
State of Alaska Department of Revenue
Alaska
$1.9M +$85.3K +1,333 +5%
Natixis Advisors
249
Natixis Advisors
Massachusetts
$1.89M +$79.7K +1,246 +5%
State of Tennessee, Department of Treasury
250
State of Tennessee, Department of Treasury
Tennessee
$1.88M

BF.B Hedge Fund Activity: Q2 2023 in Review

655 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q2 2023, worth a combined $10.5B — up 6.6% from $9.83B a quarter earlier.

Sellers outnumbered buyers: 57 funds closed out of BF.B and 53 opened new positions — a net loss of 4 holders — while 229 trimmed existing stakes and 224 added.

The largest buyer was Vanguard Group, adding an estimated $300M. The largest seller was First Trust Advisors, cutting an estimated $172M.

  • 655 institutional investors held Brown-Forman Class B (BF.B) as of Q2 2023, down from 659 in Q1 2023.
  • Funds reported $10.5B of Brown-Forman Class B stock for Q2 2023, up 6.6% quarter-over-quarter.
  • 53 funds opened new Brown-Forman Class B positions in Q2 2023 and 57 closed out, a net change of -4 holders.
  • The largest Brown-Forman Class B buyer in Q2 2023 was Vanguard Group, an estimated $300M added.
  • The largest Brown-Forman Class B seller in Q2 2023 was First Trust Advisors, an estimated $172M sold.

Based on aggregated 13F filings for Q2 2023.