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Brown-Forman Class B

586 hedge funds and large institutions have $7.5B invested in Brown-Forman Class B in 2024 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 208 increasing their positions, 218 reducing their positions, and 93 closing their positions.

New
Increased
Maintained
Reduced
Closed

95% more call options, than puts

Call options by funds: $28.8M | Put options by funds: $14.7M

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

3.59% more ownership

Funds ownership: 53.6%57.19% (+3.6%)

5% less repeat investments, than reductions

Existing positions increased: 208 | Existing positions reduced: 218

4% less funds holding

Funds holding: 613586 (-27)

11% less capital invested

Capital invested by funds: $8.39B → $7.5B (-$896M)

22% less first-time investments, than exits

New positions opened: 73 | Existing positions closed: 93

Holders
586
Holders Change
-27
Holders Change %
-4.4%
% of All Funds
8.46%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
73
Increased
208
Reduced
218
Closed
93
Calls
$28.8M
Puts
$14.7M
Net Calls
+$14M
Net Calls Change
+$4.54M
Name Holding Trade Value Shares
Change
Change in
Stake
GT
401
Greenleaf Trust
Michigan
$297K +$324K +6,886 New
Assenagon Asset Management
402
Assenagon Asset Management
Luxembourg
$297K -$168K -3,576 -34%
HI
403
Hendershot Investments
Virginia
$296K
CIA
404
Citadel Investment Advisory
Ohio
$294K
Carson Wealth (CWM LLC)
405
Carson Wealth (CWM LLC)
Nebraska
$293K +$9.63K +205 +3%
OIA
406
OneDigital Investment Advisors
Kansas
$288K +$99.4K +2,116 +46%
P
407
&Partners
Tennessee
$287K +$312K +6,638 New
Public Sector Pension Investment Board (PSP Investments)
408
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$283K +$308K +6,560 New
KAS
409
KPP Advisory Services
Kentucky
$283K -$28.2K -600 -8%
QCM
410
Quantinno Capital Management
New York
$282K +$31.8K +677 +12%
NB
411
Norinchukin Bank
Japan
$278K +$3.1K +66 +1%
BSW
412
Buckingham Strategic Wealth
Missouri
$273K +$9.45K +201 +3%
KFGK
413
Keystone Financial Group (Kentucky)
Kentucky
$267K +$101K +2,150 +53%
EF
414
Empirical Finance
Pennsylvania
$267K -$7.14K -152 -2%
Acadian Asset Management
415
Acadian Asset Management
Massachusetts
$263K +$220K +4,691 +329%
SAM
416
Strategy Asset Managers
California
$262K -$5.64K -120 -3%
LCM
417
Laurion Capital Management
New York
$261K +$284K +6,037 New
KWA
418
Kingswood Wealth Advisors
California
$261K +$284K +6,035 New
RCA
419
Resonant Capital Advisors
Wisconsin
$254K +$9.73K +207 +4%
RMDI
420
R.M. Davis Inc
Maine
$253K
ABC
421
Associated Banc-Corp
Wisconsin
$251K -$19.6K -418 -7%
KRSITF
422
Kentucky Retirement Systems Insurance Trust Fund
Kentucky
$249K -$9.07K -193 -3%
WIC
423
Woodmont Investment Counsel
Tennessee
$248K
SC
424
Sapient Capital
Indiana
$248K +$1.69K +36 +0.6%
VI
425
Vestcor Inc
New Brunswick, Canada
$247K -$846 -18 -0.3%

BF.B Hedge Fund Activity: Q2 2024 in Review

586 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q2 2024, worth a combined $7.5B — down 11% from $8.39B a quarter earlier.

Sellers outnumbered buyers: 93 funds closed out of BF.B and 73 opened new positions — a net loss of 20 holders — while 218 trimmed existing stakes and 208 added.

The largest buyer was VanEck Associates, adding an estimated $199M. The largest seller was BlackRock, cutting an estimated $69M.

  • 586 institutional investors held Brown-Forman Class B (BF.B) as of Q2 2024, down from 613 in Q1 2024.
  • Funds reported $7.5B of Brown-Forman Class B stock for Q2 2024, down 11% quarter-over-quarter.
  • 73 funds opened new Brown-Forman Class B positions in Q2 2024 and 93 closed out, a net change of -20 holders.
  • The largest Brown-Forman Class B buyer in Q2 2024 was VanEck Associates, an estimated $199M added.
  • The largest Brown-Forman Class B seller in Q2 2024 was BlackRock, an estimated $69M sold.

Based on aggregated 13F filings for Q2 2024.