We are live on ! Find out more
BF.B icon

Brown-Forman Class 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.

New
Increased
Maintained
Reduced
Closed

20% more funds holding in top 10

Funds holding in top 10: 56 (+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: 679658 (-21)

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

Holders
658
Holders Change
-21
Holders Change %
-3.09%
% of All Funds
10.49%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.1%
New
52
Increased
222
Reduced
240
Closed
59
Calls
$1.55M
Puts
$2.07M
Net Calls
-$521K
Net Calls Change
-$5.72M
Name Holding Trade Value Shares
Change
Change in
Stake
Caisse de Depot et Placement du Quebec (CDPQ)
76
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$17.6M -$6.29M -96,892 -26%
BIAS
77
Beacon Investment Advisory Services
New Jersey
$17.4M -$123K -1,890 -0.7%
Canada Life
78
Canada Life
Manitoba, Canada
$16.7M -$139K -2,147 -0.8%
State Board of Administration of Florida Retirement System
79
State Board of Administration of Florida Retirement System
Florida
$16.3M +$77.9K +1,200 +0.5%
Citigroup
80
Citigroup
New York
$16.1M -$5.82M -89,611 -26%
AllianceBernstein
81
AllianceBernstein
Tennessee
$15.8M -$2.36M -36,352 -13%
BNP Paribas Financial Markets
82
BNP Paribas Financial Markets
France
$15.5M -$5.96M -91,824 -28%
GGS
83
Galvin Gaustad & Stein
Arizona
$15.3M -$475K -7,313 -3%
GH
84
GAM Holding
Switzerland
$15M +$1.44M +22,100 +10%
AWM
85
Absher Wealth Management
North Carolina
$14.6M +$2.95M +45,433 +25%
Prudential Financial
86
Prudential Financial
New Jersey
$14.5M -$242K -3,732 -2%
Victory Capital Management
87
Victory Capital Management
Texas
$14M +$1.07M +16,446 +8%
RC
88
RBO & Co
California
$13.7M +$220K +3,387 +2%
Bank of Montreal
89
Bank of Montreal
Ontario, Canada
$13.1M -$6.25M -96,192 -32%
N
90
Natixis
France
$12.8M +$7.78M +119,826 +152%
SFG
91
Sather Financial Group
Texas
$12.8M +$19.3K +297 +0.1%
Aviva
92
Aviva
United Kingdom
$12.8M +$2M +30,746 +18%
IIM
93
INTECH Investment Management
Florida
$12.7M +$1.95M +29,951 +18%
New York State Teachers Retirement System (NYSTRS)
94
New York State Teachers Retirement System (NYSTRS)
New York
$12.7M -$15.9K -245 -0.1%
Voloridge Investment Management
95
Voloridge Investment Management
Florida
$12M -$4.83M -74,361 -28%
Janney Montgomery Scott
96
Janney Montgomery Scott
Pennsylvania
$12M +$1.05M +16,185 +9%
TD Asset Management
97
TD Asset Management
Ontario, Canada
$11.9M +$519K +7,990 +5%
Adage Capital Partners
98
Adage Capital Partners
Massachusetts
$11.8M +$2.17M +33,350 +22%
IMPI
99
Ilmarinen Mutual Pension Insurance
Finland
$11.7M
Ameriprise
100
Ameriprise
Minnesota
$11.6M -$3.56M -54,759 -23%

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 679 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.