Brown-Forman Class B
BF.B
612 hedge funds and large institutions have $8.39B invested in Brown-Forman Class B in 2024 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 182 increasing their positions, 256 reducing their positions, and 68 closing their positions.
93% more call options, than puts
Call options by funds: $19.7M | Put options by funds: $10.2M
0.61% more ownership
Funds ownership: 52.99% → 53.6% (+0.61%)
0% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 68
0% less funds holding
Funds holding: 615 → 612 (-3)
9% less capital invested
Capital invested by funds: $9.27B → $8.39B (-$875M)
29% less repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 256
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$27.6M |
| 2 |
Retirement Systems of Alabama
Montgomery,
Alabama
|
+$24.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$18.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$18.5M |
| 5 |
KBC Group
Brussels,
Belgium
|
+$18.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$159M |
| 2 |
DWA
Douglass Winthrop Advisors
New York
|
-$46.2M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$40.8M |
| 4 |
Goldman Sachs
New York
|
-$24.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$17.9M |
BF.B Hedge Fund Activity: Q1 2024 in Review
612 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q1 2024, worth a combined $8.39B — down 9.4% from $9.27B a quarter earlier.
Fund positioning in BF.B was balanced in Q1 2024: 68 funds opened new positions, 68 closed out, 182 added to existing stakes and 256 trimmed.
The largest buyer was Bank of America, adding an estimated $27.6M. The largest seller was Morgan Stanley, cutting an estimated $159M.
- 612 institutional investors held Brown-Forman Class B (BF.B) as of Q1 2024, down from 615 in Q4 2023.
- Funds reported $8.39B of Brown-Forman Class B stock for Q1 2024, down 9.4% quarter-over-quarter.
- 68 funds opened new Brown-Forman Class B positions in Q1 2024 and 68 closed out, a net change of 0 holders.
- The largest Brown-Forman Class B buyer in Q1 2024 was Bank of America, an estimated $27.6M added.
- The largest Brown-Forman Class B seller in Q1 2024 was Morgan Stanley, an estimated $159M sold.
Based on aggregated 13F filings for Q1 2024.