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Brown-Forman Class B

612 hedge funds and large institutions have $9.92B invested in Brown-Forman Class B in 2021 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 220 increasing their positions, 204 reducing their positions, and 63 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more repeat investments, than reductions

Existing positions increased: 220 | Existing positions reduced: 204

0.04% more ownership

Funds ownership: 49.04%49.08% (+0.04%)

3% less funds holding

Funds holding: 632612 (-20)

10% less capital invested

Capital invested by funds: $11.1B → $9.92B (-$1.14B)

16% less call options, than puts

Call options by funds: $1.72M | Put options by funds: $2.04M

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

19% less first-time investments, than exits

New positions opened: 51 | Existing positions closed: 63

Holders
612
Holders Change
-20
Holders Change %
-3.16%
% of All Funds
10.71%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.09%
New
51
Increased
220
Reduced
204
Closed
63
Calls
$1.72M
Puts
$2.04M
Net Calls
-$318K
Net Calls Change
+$206K
Name Holding Trade Value Shares
Change
Change in
Stake
Barclays
51
Barclays
United Kingdom
$29.5M -$166K -2,346 -0.5%
N
52
Nuveen
North Carolina
$29.3M -$5.36M -75,708 -15%
California State Teachers Retirement System (CalSTRS)
53
California State Teachers Retirement System (CalSTRS)
California
$29.2M +$6.3M +88,968 +26%
National Pension Service
54
National Pension Service
South Korea
$29.1M -$1.71M -24,189 -5%
New York State Common Retirement Fund
55
New York State Common Retirement Fund
New York
$28.9M +$4.9M +69,200 +19%
UBS Group
56
UBS Group
Switzerland
$28.9M +$1.47M +20,711 +5%
Man Group
57
Man Group
United Kingdom
$28.4M -$1.51M -21,302 -5%
GT
58
Glenview Trust
Kentucky
$27.6M +$622K +8,795 +2%
BNP Paribas Financial Markets
59
BNP Paribas Financial Markets
France
$27.6M +$13.1M +185,159 +81%
Caisse de Depot et Placement du Quebec (CDPQ)
60
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$27.4M +$5.54M +78,345 +24%
GWI
61
Grace & White Inc
New York
$24.6M
Fidelity Investments
62
Fidelity Investments
Massachusetts
$22.5M -$1.55M -21,877 -6%
BIAS
63
Beacon Investment Advisory Services
New Jersey
$22.4M -$2.19M -30,945 -8%
RhumbLine Advisers
64
RhumbLine Advisers
Massachusetts
$22.4M -$44.7K -632 -0.2%
AQR Capital Management
65
AQR Capital Management
Connecticut
$21.1M -$509K -7,190 -2%
Bank of Montreal
66
Bank of Montreal
Ontario, Canada
$21.1M +$1.33M +18,763 +6%
LT
67
Lindsell Train
United Kingdom
$19.5M
D.E. Shaw & Co
68
D.E. Shaw & Co
New York
$19.4M +$13M +183,101 +172%
MAM
69
Madison Asset Management
Wisconsin
$19.3M -$20.1K -284 -0.1%
State Board of Administration of Florida Retirement System
70
State Board of Administration of Florida Retirement System
Florida
$18.9M -$621K -8,768 -3%
AllianceBernstein
71
AllianceBernstein
Tennessee
$18.8M +$301K +4,257 +2%
RJA
72
Raymond James & Associates
Florida
$17.9M +$486K +6,862 +3%
Axa
73
Axa
France
$17.6M +$89.8K +1,269 +0.5%
TIA
74
Tandem Investment Advisors
South Carolina
$17.3M +$1.36M +19,239 +8%
HSBC Holdings
75
HSBC Holdings
United Kingdom
$17.1M -$1.54M -21,725 -8%

BF.B Hedge Fund Activity: Q3 2021 in Review

612 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q3 2021, worth a combined $9.92B — down 10% from $11.1B a quarter earlier.

Sellers outnumbered buyers: 63 funds closed out of BF.B and 51 opened new positions — a net loss of 12 holders — while 204 trimmed existing stakes and 220 added.

The largest buyer was Fundsmith LLP, adding an estimated $129M. The largest seller was Brown Advisory, cutting an estimated $141M.

  • 612 institutional investors held Brown-Forman Class B (BF.B) as of Q3 2021, down from 632 in Q2 2021.
  • Funds reported $9.92B of Brown-Forman Class B stock for Q3 2021, down 10% quarter-over-quarter.
  • 51 funds opened new Brown-Forman Class B positions in Q3 2021 and 63 closed out, a net change of -12 holders.
  • The largest Brown-Forman Class B buyer in Q3 2021 was Fundsmith LLP, an estimated $129M added.
  • The largest Brown-Forman Class B seller in Q3 2021 was Brown Advisory, an estimated $141M sold.

Based on aggregated 13F filings for Q3 2021.