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Brown-Forman Class B

657 hedge funds and large institutions have $10.1B invested in Brown-Forman Class B in 2022 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 220 increasing their positions, 232 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 55

1% more funds holding

Funds holding: 653657 (+4)

0.33% more ownership

Funds ownership: 48.95%49.29% (+0.33%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

5% less repeat investments, than reductions

Existing positions increased: 220 | Existing positions reduced: 232

6% less capital invested

Capital invested by funds: $10.8B → $10.1B (-$676M)

63% less call options, than puts

Call options by funds: $1.6M | Put options by funds: $4.32M

Holders
657
Holders Change
+4
Holders Change %
+0.61%
% of All Funds
10.36%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
66
Increased
220
Reduced
232
Closed
55
Calls
$1.6M
Puts
$4.32M
Net Calls
-$2.71M
Net Calls Change
-$2.76M
Name Holding Trade Value Shares
Change
Change in
Stake
BA
26
Bridgewater Associates
Connecticut
$70.7M +$22.7M +340,532 +48%
Charles Schwab
27
Charles Schwab
California
$69.8M +$2.84M +42,590 +4%
DWA
28
Douglass Winthrop Advisors
New York
$67.3M +$1.58M +23,767 +2%
Morgan Stanley
29
Morgan Stanley
New York
$66.9M -$1.66M -24,915 -2%
PPA
30
Parametric Portfolio Associates
Washington
$65.8M -$4.03M -60,463 -6%
PNC Financial Services Group
31
PNC Financial Services Group
Pennsylvania
$65.3M +$414K +6,212 +0.6%
Bessemer Group
32
Bessemer Group
New Jersey
$59M -$195K -2,924 -0.3%
Baird Financial Group
33
Baird Financial Group
Wisconsin
$58.6M -$2.47M -37,149 -4%
Principal Financial Group
34
Principal Financial Group
Iowa
$58.6M -$23.4M -351,343 -29%
Bank of America
35
Bank of America
North Carolina
$57.4M -$5.41M -81,241 -9%
CS
36
Credit Suisse
Switzerland
$56.3M +$4.53M +68,007 +9%
Kayne Anderson Rudnick Investment Management
37
Kayne Anderson Rudnick Investment Management
California
$55.9M -$2.14M -32,164 -4%
Sumitomo Mitsui Trust Group
38
Sumitomo Mitsui Trust Group
Japan
$52.5M -$199K -2,995 -0.4%
UBS Group
39
UBS Group
Switzerland
$45M +$5.18M +77,830 +13%
Retirement Systems of Alabama
40
Retirement Systems of Alabama
Alabama
$44.3M +$813K +12,217 +2%
Deutsche Bank
41
Deutsche Bank
Germany
$42.2M +$9.22M +138,482 +28%
T. Rowe Price Associates
42
T. Rowe Price Associates
Maryland
$41.2M -$4.12M -61,928 -9%
GT
43
Glenview Trust
Kentucky
$39.2M +$716K +10,751 +2%
Amundi
44
Amundi
France
$37.5M +$5.58M +83,861 +18%
Royal Bank of Canada
45
Royal Bank of Canada
Ontario, Canada
$36.7M -$3.23M -48,588 -8%
Renaissance Technologies
46
Renaissance Technologies
New York
$34.2M +$12.6M +190,000 +59%
JP Morgan Chase
47
JP Morgan Chase
New York
$32.9M -$24.9M -374,502 -43%
HSBC Holdings
48
HSBC Holdings
United Kingdom
$32.7M +$2.98M +44,780 +10%
Man Group
49
Man Group
United Kingdom
$32.1M +$6.81M +102,362 +27%
MG
50
Markel Group
Virginia
$31.8M

BF.B Hedge Fund Activity: Q1 2022 in Review

657 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q1 2022, worth a combined $10.1B — down 6.3% from $10.8B a quarter earlier.

Buyers outnumbered sellers: 66 funds opened new BF.B positions and 55 closed out — a net gain of 11 holders — while 220 added to existing stakes and 232 trimmed.

The largest buyer was Fundsmith Investment Services, opening a new position worth an estimated $255M. The largest seller was Fundsmith LLP, cutting an estimated $244M.

  • 657 institutional investors held Brown-Forman Class B (BF.B) as of Q1 2022, up from 653 in Q4 2021.
  • Funds reported $10.1B of Brown-Forman Class B stock for Q1 2022, down 6.3% quarter-over-quarter.
  • 66 funds opened new Brown-Forman Class B positions in Q1 2022 and 55 closed out, a net change of +11 holders.
  • The largest Brown-Forman Class B buyer in Q1 2022 was Fundsmith Investment Services, an estimated $255M added.
  • The largest Brown-Forman Class B seller in Q1 2022 was Fundsmith LLP, an estimated $244M sold.

Based on aggregated 13F filings for Q1 2022.