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Brown-Forman Class B

585 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: 612585 (-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
585
Holders Change
-27
Holders Change %
-4.41%
% of All Funds
8.45%
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
UBS AM
26
UBS AM
Illinois
$54.8M +$2.88M +61,219 +5%
Bank of America
27
Bank of America
North Carolina
$53.6M -$764K -16,268 -1%
Principal Financial Group
28
Principal Financial Group
Iowa
$53.6M -$65.2M -1,387,704 -53%
Dimensional Fund Advisors
29
Dimensional Fund Advisors
Texas
$53.4M -$824K -17,529 -1%
JP Morgan Chase
30
JP Morgan Chase
New York
$50.6M +$6.38M +135,699 +13%
Fidelity Investments
31
Fidelity Investments
Massachusetts
$49.4M +$10.9M +232,714 +26%
TIA
32
Tandem Investment Advisors
South Carolina
$49.4M +$720K +15,325 +1%
First Trust Advisors
33
First Trust Advisors
Illinois
$48.9M -$558K -11,877 -1%
VF
34
Vest Financial
Virginia
$39M +$10.5M +223,185 +33%
GRQ
35
Gardner Russo & Quinn
Pennsylvania
$38.5M -$618K -13,146 -1%
APG Asset Management
36
APG Asset Management
Netherlands
$38.4M -$3.68M -78,344 -8%
Bessemer Group
37
Bessemer Group
New Jersey
$37M -$131K -2,793 -0.3%
PNC Financial Services Group
38
PNC Financial Services Group
Pennsylvania
$33.6M -$11.2M -238,728 -23%
Nomura Asset Management
39
Nomura Asset Management
Japan
$31.7M +$4.63M +98,430 +15%
Royal Bank of Canada
40
Royal Bank of Canada
Ontario, Canada
$30.7M +$15.9M +338,513 +91%
T. Rowe Price Associates
41
T. Rowe Price Associates
Maryland
$26.8M +$152K +3,227 +0.5%
State of Wisconsin Investment Board
42
State of Wisconsin Investment Board
Wisconsin
$25.2M -$4.43M -94,190 -14%
BNP Paribas Financial Markets
43
BNP Paribas Financial Markets
France
$24.8M +$10.9M +232,658 +68%
Swiss National Bank
44
Swiss National Bank
Switzerland
$23.2M -$17.9M -381,200 -42%
AWM
45
Absher Wealth Management
North Carolina
$23M +$6.01M +127,982 +32%
Barclays
46
Barclays
United Kingdom
$23M -$1.02M -21,788 -4%
Deutsche Bank
47
Deutsche Bank
Germany
$22.6M -$2.32M -49,471 -9%
Voloridge Investment Management
48
Voloridge Investment Management
Florida
$21.5M +$18.7M +398,253 +401%
KBC Group
49
KBC Group
Belgium
$20.6M -$20.2M -428,970 -47%
MG
50
Markel Group
Virginia
$20.5M

BF.B Hedge Fund Activity: Q2 2024 in Review

585 of the 6,924 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.

  • 585 institutional investors held Brown-Forman Class B (BF.B) as of Q2 2024, down from 612 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.