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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
PI
51
PineBridge Investments
New York
$20.5M +$22.3M +473,554 New
Natixis Advisors
52
Natixis Advisors
Massachusetts
$20M +$15.5M +330,637 +249%
Retirement Systems of Alabama
53
Retirement Systems of Alabama
Alabama
$19.6M -$1.18M -25,181 -5%
Baird Financial Group
54
Baird Financial Group
Wisconsin
$19.2M -$1.1M -23,324 -5%
Sumitomo Mitsui Trust Group
55
Sumitomo Mitsui Trust Group
Japan
$19M -$12.3M -262,699 -37%
AllianceBernstein
56
AllianceBernstein
Tennessee
$18.9M +$3.59M +76,435 +21%
GWI
57
Grace & White Inc
New York
$18.3M +$2.61M +55,525 +15%
RhumbLine Advisers
58
RhumbLine Advisers
Massachusetts
$18.1M -$1.92M -40,898 -9%
Amundi
59
Amundi
France
$17.6M -$4.12M -87,608 -17%
New York State Common Retirement Fund
60
New York State Common Retirement Fund
New York
$17.3M -$66.9K -1,424 -0.4%
N
61
Nuveen
North Carolina
$17.1M -$2.41M -51,195 -11%
Mitsubishi UFJ Asset Management
62
Mitsubishi UFJ Asset Management
Japan
$16.5M +$179K +3,812 +1%
HSBC Holdings
63
HSBC Holdings
United Kingdom
$16.5M -$3.28M -69,827 -15%
Cerity Partners
64
Cerity Partners
New York
$16.3M +$295K +6,278 +2%
Citigroup
65
Citigroup
New York
$15M +$4.19M +89,132 +34%
SFG
66
Sather Financial Group
Texas
$14.8M +$905K +19,268 +6%
SI
67
Scout Investments
Missouri
$14.6M +$9.82M +208,893 +163%
Bank of Montreal
68
Bank of Montreal
Ontario, Canada
$14M +$2.44M +51,818 +19%
California State Teachers Retirement System (CalSTRS)
69
California State Teachers Retirement System (CalSTRS)
California
$13.4M -$8.39M -178,432 -37%
UBS Group
70
UBS Group
Switzerland
$12.8M -$1.84M -39,248 -12%
LT
71
Lindsell Train
United Kingdom
$12.5M
AQR Capital Management
72
AQR Capital Management
Connecticut
$12.3M +$11.1M +235,817 +479%
MIM
73
Manitou Investment Management
Ontario, Canada
$12.3M +$13.3M +283,675 New
Canada Life
74
Canada Life
Manitoba, Canada
$12.2M -$1.07M -22,735 -7%
SEI Investments
75
SEI Investments
Pennsylvania
$11.9M +$3.18M +67,622 +33%

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.