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Brown-Forman Class B

638 hedge funds and large institutions have $6.43B invested in Brown-Forman Class B in 2025 Q4 according to their latest regulatory filings, with 95 funds opening new positions, 203 increasing their positions, 249 reducing their positions, and 74 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

28% more first-time investments, than exits

New positions opened: 95 | Existing positions closed: 74

6% more capital invested

Capital invested by funds: $6.06B → $6.43B (+$378M)

3.68% more ownership

Funds ownership: 70.99%74.67% (+3.7%)

2% more funds holding

Funds holding: 626638 (+12)

18% less repeat investments, than reductions

Existing positions increased: 203 | Existing positions reduced: 249

19% less call options, than puts

Call options by funds: $29.7M | Put options by funds: $36.5M

Holders
638
Holders Change
+12
Holders Change %
+1.92%
% of All Funds
7.76%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.05%
New
95
Increased
203
Reduced
249
Closed
74
Calls
$29.7M
Puts
$36.5M
Net Calls
-$6.85M
Net Calls Change
-$12M
Name Holding Trade Value Shares
Change
Change in
Stake
AIS
651
AM Investment Strategies
Tennessee
-$773K -28,553 Closed
I
652
InceptionR
California
-$746K -27,564 Closed
SBFM
653
S-Bank Fund Management
Finland
-$703K -25,966 Closed
EAM
654
Eschler Asset Management
United Kingdom
-$649K -23,970 Closed
Teacher Retirement System of Texas
655
Teacher Retirement System of Texas
Texas
-$646K -23,866 Closed
Capstone Investment Advisors
656
Capstone Investment Advisors
New York
-$621K -22,941 Closed
MWA
657
MN Wealth Advisors
Kansas
-$550K -20,306 Closed
EMPI
658
Elo Mutual Pension Insurance
Finland
-$523K -19,316 Closed
ACM
659
Alethea Capital Management
Washington
-$511K -18,864 Closed
P
660
Pitcairn
Pennsylvania
-$466K -17,222 Closed
ECM
661
ExodusPoint Capital Management
New York
-$452K -16,684 Closed
KIA
662
Knollwood Investment Advisory
Maryland
-$446K -16,463 Closed
LOAMS
663
Lombard Odier Asset Management (Switzerland)
Switzerland
-$409K -15,118 Closed
IWC
664
Integrated Wealth Concepts
Massachusetts
-$404K -14,923 Closed
SRL
665
Scientech Research LLC
New Jersey
-$383K -14,147 Closed
CI Investments Inc
666
CI Investments Inc
Ontario, Canada
-$375K -13,830 Closed
OAM
667
Oxford Asset Management
United Kingdom
-$371K -13,689 Closed
GCP
668
GSA Capital Partners
United Kingdom
-$337K -12,462 Closed
Kovitz Investment Group Partners
669
Kovitz Investment Group Partners
Illinois
-$296K -10,931 Closed
NWMG
670
National Wealth Management Group
Ohio
-$295K -10,911 Closed
MMA
671
Mizuho Markets Americas
New York
-$245K -9,058 Closed
WIA
672
World Investment Advisors
California
-$242K -8,927 Closed
EF
673
Empowered Funds
Pennsylvania
-$238K -8,803 Closed
SAM
674
Strategy Asset Managers
California
-$238K -8,797 Closed
NP
675
NorthRock Partners
Minnesota
-$234K -8,640 Closed

BF.B Hedge Fund Activity: Q4 2025 in Review

638 of the 8,225 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2025, worth a combined $6.43B — up 6.2% from $6.06B a quarter earlier.

Buyers outnumbered sellers: 95 funds opened new BF.B positions and 74 closed out — a net gain of 21 holders — while 203 added to existing stakes and 249 trimmed.

The largest buyer was VanEck Associates, adding an estimated $157M. The largest seller was Bank of America, cutting an estimated $99.1M.

  • 638 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2025, up from 626 in Q3 2025.
  • Funds reported $6.43B of Brown-Forman Class B stock for Q4 2025, up 6.2% quarter-over-quarter.
  • 95 funds opened new Brown-Forman Class B positions in Q4 2025 and 74 closed out, a net change of +21 holders.
  • The largest Brown-Forman Class B buyer in Q4 2025 was VanEck Associates, an estimated $157M added.
  • The largest Brown-Forman Class B seller in Q4 2025 was Bank of America, an estimated $99.1M sold.

Based on aggregated 13F filings for Q4 2025.