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Brown-Forman Class B

635 hedge funds and large institutions have $7.02B invested in Brown-Forman Class B in 2024 Q4 according to their latest regulatory filings, with 124 funds opening new positions, 194 increasing their positions, 232 reducing their positions, and 89 closing their positions.

New
Increased
Maintained
Reduced
Closed

130% more call options, than puts

Call options by funds: $27.6M | Put options by funds: $12M

39% more first-time investments, than exits

New positions opened: 124 | Existing positions closed: 89

4% more funds holding

Funds holding: 611635 (+24)

0.8% less ownership

Funds ownership: 61.71%60.91% (-0.8%)

16% less repeat investments, than reductions

Existing positions increased: 194 | Existing positions reduced: 232

24% less capital invested

Capital invested by funds: $9.18B → $7.02B (-$2.16B)

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
635
Holders Change
+24
Holders Change %
+3.93%
% of All Funds
8.36%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
124
Increased
194
Reduced
232
Closed
89
Calls
$27.6M
Puts
$12M
Net Calls
+$15.6M
Net Calls Change
+$1.66M
Name Holding Trade Value Shares
Change
Change in
Stake
N
76
Nuveen
North Carolina
$13.1M -$1.45M -32,877 -9%
California State Teachers Retirement System (CalSTRS)
77
California State Teachers Retirement System (CalSTRS)
California
$12.8M +$984K +22,376 +7%
AllianceBernstein
78
AllianceBernstein
Tennessee
$12.3M -$5.05M -114,843 -26%
Envestnet Asset Management
79
Envestnet Asset Management
Illinois
$12.2M +$5.27M +119,755 +60%
BDLIB
80
Banque de Luxembourg Investments (BLI)
Luxembourg
$11.6M +$13.5M +306,350 New
PHK
81
Point72 Hong Kong
Hong Kong
$11.1M +$12.8M +291,446 New
RC
82
RBO & Co
California
$11M +$1.34M +30,489 +12%
SEI Investments
83
SEI Investments
Pennsylvania
$9.61M -$1.44M -32,733 -11%
SIM
84
Sprucegrove Investment Management
Ontario, Canada
$9.49M +$11M +249,800 New
Victory Capital Management
85
Victory Capital Management
Texas
$8.76M -$822K -18,698 -8%
State Board of Administration of Florida Retirement System
86
State Board of Administration of Florida Retirement System
Florida
$8.65M -$764K -17,359 -7%
Principal Financial Group
87
Principal Financial Group
Iowa
$8.57M -$230K -5,222 -2%
DWA
88
Douglass Winthrop Advisors
New York
$8.48M -$96.4K -2,192 -1%
Universal-Beteiligungs- und Servicegesellschaft
89
Universal-Beteiligungs- und Servicegesellschaft
Germany
$7.67M +$8.88M +201,894 New
CAM
90
Cresset Asset Management
Illinois
$7.47M -$674K -15,313 -7%
SCM
91
Sone Capital Management
New York
$7.44M +$8.62M +195,902 New
Brown Advisory
92
Brown Advisory
Maryland
$7.38M -$1.13M -25,665 -12%
GC
93
Guggenheim Capital
Illinois
$7.31M +$1.52M +34,547 +22%
IPAM
94
ICICI Prudential Asset Management
India
$7.09M
HCM
95
Hahn Capital Management
California
$6.92M +$2.34M +53,189 +41%
BST
96
Bath Savings Trust
Maine
$6.74M -$575K -13,075 -7%
TI
97
Trexquant Investment
Connecticut
$6.7M +$7.76M +176,407 New
Janney Montgomery Scott
98
Janney Montgomery Scott
Pennsylvania
$6.64M -$1.75M -39,854 -19%
Verition Fund Management
99
Verition Fund Management
Connecticut
$6.53M +$1.53M +34,714 +25%
New York State Teachers Retirement System (NYSTRS)
100
New York State Teachers Retirement System (NYSTRS)
New York
$6.5M -$616K -14,013 -8%

BF.B Hedge Fund Activity: Q4 2024 in Review

635 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2024, worth a combined $7.02B — down 24% from $9.18B a quarter earlier.

Buyers outnumbered sellers: 124 funds opened new BF.B positions and 89 closed out — a net gain of 35 holders — while 194 added to existing stakes and 232 trimmed.

The largest buyer was Bank of America, adding an estimated $57.8M. The largest seller was VanEck Associates, cutting an estimated $148M.

  • 635 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2024, up from 611 in Q3 2024.
  • Funds reported $7.02B of Brown-Forman Class B stock for Q4 2024, down 24% quarter-over-quarter.
  • 124 funds opened new Brown-Forman Class B positions in Q4 2024 and 89 closed out, a net change of +35 holders.
  • The largest Brown-Forman Class B buyer in Q4 2024 was Bank of America, an estimated $57.8M added.
  • The largest Brown-Forman Class B seller in Q4 2024 was VanEck Associates, an estimated $148M sold.

Based on aggregated 13F filings for Q4 2024.