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Brown-Forman Class B

642 hedge funds and large institutions have $6.73B invested in Brown-Forman Class B in 2025 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 264 increasing their positions, 202 reducing their positions, and 81 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more funds holding in top 10

Funds holding in top 10: 25 (+3)

31% more repeat investments, than reductions

Existing positions increased: 264 | Existing positions reduced: 202

14% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 81

11% more call options, than puts

Call options by funds: $46.7M | Put options by funds: $42.1M

4.44% more ownership

Funds ownership: 60.91%65.35% (+4.4%)

1% more funds holding

Funds holding: 635642 (+7)

4% less capital invested

Capital invested by funds: $7.02B → $6.73B (-$287M)

Holders
642
Holders Change
+7
Holders Change %
+1.1%
% of All Funds
8.61%
Holding in Top 10
5
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+150%
% of All Funds
0.07%
New
92
Increased
264
Reduced
202
Closed
81
Calls
$46.7M
Puts
$42.1M
Net Calls
+$4.59M
Net Calls Change
-$11M
Name Holding Trade Value Shares
Change
Change in
Stake
MCM
101
Mattern Capital Management
Colorado
$6.12M +$753K +22,336 +14%
Universal-Beteiligungs- und Servicegesellschaft
102
Universal-Beteiligungs- und Servicegesellschaft
Germany
$5.96M -$881K -26,145 -13%
Ameriprise
103
Ameriprise
Minnesota
$5.94M +$823K +24,418 +16%
HCM
104
Hahn Capital Management
California
$5.83M -$353K -10,467 -6%
Adage Capital Partners
105
Adage Capital Partners
Massachusetts
$5.64M -$131K -3,900 -2%
QT
106
Quantbot Technologies
New York
$5.36M -$388K -11,517 -7%
New York State Teachers Retirement System (NYSTRS)
107
New York State Teachers Retirement System (NYSTRS)
New York
$5.29M -$523K -15,502 -9%
APG Asset Management
108
APG Asset Management
Netherlands
$5.14M -$169K -5,000 -3%
Wealthfront Advisers
109
Wealthfront Advisers
California
$5.09M +$2.81M +83,256 +125%
Brown Advisory
110
Brown Advisory
Maryland
$4.87M -$1.71M -50,742 -26%
BEI
111
Benjamin Edwards Inc
Missouri
$4.79M -$641K -19,004 -12%
BST
112
Bath Savings Trust
Maine
$4.72M -$1.3M -38,511 -22%
WT
113
Whittier Trust
California
$4.71M -$1.65K -49 -0%
Aviva
114
Aviva
United Kingdom
$4.71M -$499K -14,811 -10%
Zurich Cantonal Bank
115
Zurich Cantonal Bank
Switzerland
$4.67M +$6.94K +206 +0.1%
RAM
116
RK Asset Management
Michigan
$4.66M +$23.7K +702 +0.5%
WDA
117
Wendell David Associates
New Hampshire
$4.47M -$445K -13,202 -9%
Neuberger Berman Group
118
Neuberger Berman Group
New York
$4.44M +$1.04M +30,710 +31%
Millennium Management
119
Millennium Management
New York
$4.42M -$24.8M -736,035 -85%
IMRF
120
Illinois Municipal Retirement Fund
Illinois
$4.38M +$152K +4,523 +4%
Aberdeen Group
121
Aberdeen Group
United Kingdom
$4.23M +$2.03M +60,312 +94%
Wealth Enhancement Advisory Services
122
Wealth Enhancement Advisory Services
Minnesota
$4.22M +$1.36M +40,491 +48%
LPL Financial
123
LPL Financial
California
$4.19M +$909K +26,977 +28%
Twin Tree Management
124
Twin Tree Management
Texas
$3.96M +$3.94M +116,762 New
Manulife (Manufacturers Life Insurance)
125
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$3.87M -$9K -267 -0.2%

BF.B Hedge Fund Activity: Q1 2025 in Review

642 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q1 2025, worth a combined $6.73B — down 4.1% from $7.02B a quarter earlier.

Buyers outnumbered sellers: 92 funds opened new BF.B positions and 81 closed out — a net gain of 11 holders — while 264 added to existing stakes and 202 trimmed.

The largest buyer was Bank of America, adding an estimated $101M. The largest seller was Lazard Asset Management, cutting an estimated $94.5M.

  • 642 institutional investors held Brown-Forman Class B (BF.B) as of Q1 2025, up from 635 in Q4 2024.
  • Funds reported $6.73B of Brown-Forman Class B stock for Q1 2025, down 4.1% quarter-over-quarter.
  • 92 funds opened new Brown-Forman Class B positions in Q1 2025 and 81 closed out, a net change of +11 holders.
  • The largest Brown-Forman Class B buyer in Q1 2025 was Bank of America, an estimated $101M added.
  • The largest Brown-Forman Class B seller in Q1 2025 was Lazard Asset Management, an estimated $94.5M sold.

Based on aggregated 13F filings for Q1 2025.