Brown-Forman Class B

BF.B

Market cap $12.3B

BF.B Hedge Fund Activity: Q1 2026 in Review

578 of the 8,130 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q1 2026, worth a combined $5.35B — down 17% from $6.43B a quarter earlier.

Sellers outnumbered buyers: 120 funds closed out of BF.B and 74 opened new positions — a net loss of 46 holders — while 239 trimmed existing stakes and 180 added.

The largest buyer was Ruffer LLP, opening a new position worth an estimated $73.4M. The largest seller was Fidelity Investments, cutting an estimated $346M.

• 578 institutional investors held Brown-Forman Class B (BF.B) as of Q1 2026, down from 638 in Q4 2025.
• Funds reported $5.35B of Brown-Forman Class B stock for Q1 2026, down 17% quarter-over-quarter.
• 74 funds opened new Brown-Forman Class B positions in Q1 2026 and 120 closed out, a net change of -46 holders.
• The largest Brown-Forman Class B buyer in Q1 2026 was Ruffer LLP, an estimated $73.4M added.
• The largest Brown-Forman Class B seller in Q1 2026 was Fidelity Investments, an estimated $346M sold.

Based on aggregated 13F filings for Q1 2026.