Brown-Forman Class B
BF.B
658 hedge funds and large institutions have $9.83B invested in Brown-Forman Class B in 2023 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 222 increasing their positions, 240 reducing their positions, and 59 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
0.21% more ownership
Funds ownership: 49.19% → 49.4% (+0.21%)
1% less capital invested
Capital invested by funds: $9.93B → $9.83B (-$100M)
8% less repeat investments, than reductions
Existing positions increased: 222 | Existing positions reduced: 240
3% less funds holding
Funds holding: 678 → 658 (-20)
12% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 59
25% less call options, than puts
Call options by funds: $1.55M | Put options by funds: $2.07M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$191M |
| 2 |
O
Ossiam
Paris,
France
|
+$64M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$47.4M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$46.8M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$43.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$164M |
| 2 |
BlackRock
New York
|
-$76.8M |
| 3 |
Millennium Management
New York
|
-$48.6M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$30.8M |
| 5 |
PAMS
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
-$29.7M |
BF.B Hedge Fund Activity: Q1 2023 in Review
658 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q1 2023, worth a combined $9.83B — down 1% from $9.93B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of BF.B and 52 opened new positions — a net loss of 7 holders — while 240 trimmed existing stakes and 222 added.
The largest buyer was First Trust Advisors, adding an estimated $191M. The largest seller was Brown Advisory, cutting an estimated $164M.
- 658 institutional investors held Brown-Forman Class B (BF.B) as of Q1 2023, down from 678 in Q4 2022.
- Funds reported $9.83B of Brown-Forman Class B stock for Q1 2023, down 1% quarter-over-quarter.
- 52 funds opened new Brown-Forman Class B positions in Q1 2023 and 59 closed out, a net change of -7 holders.
- The largest Brown-Forman Class B buyer in Q1 2023 was First Trust Advisors, an estimated $191M added.
- The largest Brown-Forman Class B seller in Q1 2023 was Brown Advisory, an estimated $164M sold.
Based on aggregated 13F filings for Q1 2023.