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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
SIMG
76
Stephens Investment Management Group
Texas
$11.5M +$4.6M +97,848 +58%
RC
77
RBO & Co
California
$11.2M +$2.46M +52,346 +25%
State Board of Administration of Florida Retirement System
78
State Board of Administration of Florida Retirement System
Florida
$10.6M -$426K -9,074 -4%
DWA
79
Douglass Winthrop Advisors
New York
$9.91M -$3.36M -71,466 -24%
Brown Advisory
80
Brown Advisory
Maryland
$9.89M -$581K -12,370 -5%
Victory Capital Management
81
Victory Capital Management
Texas
$9.57M -$299K -6,353 -3%
Janney Montgomery Scott
82
Janney Montgomery Scott
Pennsylvania
$8.8M -$150K -3,197 -2%
CAM
83
Cresset Asset Management
Illinois
$8.75M +$1.41M +29,932 +17%
MGP
84
M&G plc
United Kingdom
$8.7M +$9.51M +202,306 New
New York State Teachers Retirement System (NYSTRS)
85
New York State Teachers Retirement System (NYSTRS)
New York
$8.29M -$33.6K -715 -0.4%
Envestnet Asset Management
86
Envestnet Asset Management
Illinois
$7.99M +$4.72M +100,400 +119%
BIAS
87
Beacon Investment Advisory Services
New Jersey
$7.85M -$1.92M -40,801 -18%
BST
88
Bath Savings Trust
Maine
$7.79M +$247K +5,258 +3%
Stifel Financial
89
Stifel Financial
Missouri
$7.63M +$1.87M +39,824 +29%
Susquehanna International Group
90
Susquehanna International Group
Pennsylvania
$7.6M +$5.54M +117,817 +203%
Adage Capital Partners
91
Adage Capital Partners
Massachusetts
$7.42M -$263K -5,600 -3%
Aviva
92
Aviva
United Kingdom
$6.62M -$4.65M -98,864 -39%
GF
93
Gabelli Funds
New York
$6.36M
YCM
94
Yousif Capital Management
Michigan
$6.23M +$234K +4,986 +4%
JF
95
Jump Financial
Illinois
$6.2M +$6.31M +134,335 +1,457%
Zurich Cantonal Bank
96
Zurich Cantonal Bank
Switzerland
$6.02M -$631K -13,424 -9%
WT
97
Whittier Trust
California
$6M
SA
98
SpiderRock Advisors
Delaware
$5.99M +$2.67M +56,775 +69%
UIM
99
USS Investment Management
United Kingdom
$5.9M -$1.59M -33,875 -20%
SFCM
100
Savoir Faire Capital Management
Connecticut
$5.85M +$2.68M +56,948 +73%

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.