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Brown-Forman Class B

638 hedge funds and large institutions have $6.43B invested in Brown-Forman Class B in 2025 Q4 according to their latest regulatory filings, with 95 funds opening new positions, 203 increasing their positions, 249 reducing their positions, and 74 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

28% more first-time investments, than exits

New positions opened: 95 | Existing positions closed: 74

6% more capital invested

Capital invested by funds: $6.06B → $6.43B (+$378M)

3.68% more ownership

Funds ownership: 70.99%74.67% (+3.7%)

2% more funds holding

Funds holding: 626638 (+12)

18% less repeat investments, than reductions

Existing positions increased: 203 | Existing positions reduced: 249

19% less call options, than puts

Call options by funds: $29.7M | Put options by funds: $36.5M

Holders
638
Holders Change
+12
Holders Change %
+1.92%
% of All Funds
7.76%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.05%
New
95
Increased
203
Reduced
249
Closed
74
Calls
$29.7M
Puts
$36.5M
Net Calls
-$6.85M
Net Calls Change
-$12M
Name Holding Trade Value Shares
Change
Change in
Stake
QCM
76
Quantinno Capital Management
New York
$7.69M -$869K -30,875 -9%
MIM
77
Morningstar Investment Management
Illinois
$7.59M -$2.07M -73,456 -20%
Baird Financial Group
78
Baird Financial Group
Wisconsin
$7.38M -$13.8M -492,007 -63%
MCM
79
Mattern Capital Management
Colorado
$6.92M +$2.02M +71,929 +37%
AQR Capital Management
80
AQR Capital Management
Connecticut
$6.81M +$5.71M +202,839 +347%
Janney Montgomery Scott
81
Janney Montgomery Scott
Pennsylvania
$6.74M -$1.75M -62,152 -19%
SFG
82
Sather Financial Group
Texas
$6.47M -$6.79M -241,395 -49%
Principal Financial Group
83
Principal Financial Group
Iowa
$6.15M +$171K +6,074 +3%
ACM
84
Aquatic Capital Management
Illinois
$5.91M +$4.38M +155,549 +219%
GC
85
Guggenheim Capital
Illinois
$5.74M -$127K -4,516 -2%
GAM
86
Gotham Asset Management
New York
$5.62M -$4.58M -162,684 -43%
XT
87
XTX Topco
Cayman Islands
$5.49M +$5.93M +210,755 New
AllianceBernstein
88
AllianceBernstein
Tennessee
$5.41M -$1.8M -63,925 -24%
YCM
89
Yousif Capital Management
Michigan
$5.29M -$187K -6,655 -3%
DWA
90
Douglass Winthrop Advisors
New York
$5.09M -$191K -6,805 -3%
SIM
91
Sprucegrove Investment Management
Ontario, Canada
$5.03M -$7.43M -263,900 -58%
State Board of Administration of Florida Retirement System
92
State Board of Administration of Florida Retirement System
Florida
$5.01M -$367K -13,059 -6%
BCM
93
Banyan Capital Management
Georgia
$5M +$14.3K +509 +0.3%
Aviva
94
Aviva
United Kingdom
$4.93M +$1.26M +44,793 +31%
RAM
95
RK Asset Management
Michigan
$4.84M +$33.2K +1,180 +0.6%
BCCM
96
Black Cypress Capital Management
Florida
$4.82M -$827K -29,384 -14%
BEI
97
Benjamin Edwards Inc
Missouri
$4.72M -$856K -30,407 -14%
MWM
98
Moran Wealth Management
Florida
$4.6M +$1.24M +44,222 +33%
WorldQuant Millennium Advisors
99
WorldQuant Millennium Advisors
New York
$4.58M -$8.89M -315,860 -64%
Russell Investments Group
100
Russell Investments Group
United Kingdom
$4.51M +$563K +20,008 +13%

BF.B Hedge Fund Activity: Q4 2025 in Review

638 of the 8,225 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2025, worth a combined $6.43B — up 6.2% from $6.06B a quarter earlier.

Buyers outnumbered sellers: 95 funds opened new BF.B positions and 74 closed out — a net gain of 21 holders — while 203 added to existing stakes and 249 trimmed.

The largest buyer was VanEck Associates, adding an estimated $157M. The largest seller was Bank of America, cutting an estimated $99.1M.

  • 638 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2025, up from 626 in Q3 2025.
  • Funds reported $6.43B of Brown-Forman Class B stock for Q4 2025, up 6.2% quarter-over-quarter.
  • 95 funds opened new Brown-Forman Class B positions in Q4 2025 and 74 closed out, a net change of +21 holders.
  • The largest Brown-Forman Class B buyer in Q4 2025 was VanEck Associates, an estimated $157M added.
  • The largest Brown-Forman Class B seller in Q4 2025 was Bank of America, an estimated $99.1M sold.

Based on aggregated 13F filings for Q4 2025.