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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
Mitsubishi UFJ Trust & Banking
101
Mitsubishi UFJ Trust & Banking
Japan
$4.46M +$2.37M +84,107 +97%
CAM
102
Cresset Asset Management
Illinois
$4.29M -$84.9K -3,016 -2%
TI
103
Trexquant Investment
Connecticut
$4.29M +$2.74M +97,480 +146%
Manulife (Manufacturers Life Insurance)
104
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.28M -$610K -21,667 -12%
MAM
105
Monaco Asset Management
Monaco
$4.17M +$4.5M +160,000 New
Adage Capital Partners
106
Adage Capital Partners
Massachusetts
$4.14M -$39.4K -1,400 -0.9%
PJWM
107
Philip James Wealth Mangement
Georgia
$4.08M +$1.48M +52,490 +50%
New York State Teachers Retirement System (NYSTRS)
108
New York State Teachers Retirement System (NYSTRS)
New York
$4.05M -$56 -2 -0%
ASN
109
Advisory Services Network
Georgia
$4M +$523K +18,603 +14%
Universal-Beteiligungs- und Servicegesellschaft
110
Universal-Beteiligungs- und Servicegesellschaft
Germany
$3.94M -$3.33M -118,232 -44%
HCM
111
Hahn Capital Management
California
$3.89M -$341K -12,107 -8%
Natixis Advisors
112
Natixis Advisors
Massachusetts
$3.87M +$800K +28,419 +24%
LPL Financial
113
LPL Financial
California
$3.86M -$508K -18,060 -11%
HCM
114
Hillman Capital Management
Maryland
$3.86M -$1.13M -40,202 -21%
TTWM
115
TCV Trust & Wealth Management
Virginia
$3.69M +$52.8K +1,875 +1%
PPF
116
PFA Pension Forsikringsaktieselskab
$3.65M +$3.9M +138,482 New
WT
117
Whittier Trust
California
$3.63M
NICM
118
Neo Ivy Capital Management
New York
$3.47M +$3.71M +131,852 +10,515%
FGP
119
Freestone Grove Partners
California
$3.44M +$3.72M +132,164 New
APG Asset Management
120
APG Asset Management
Netherlands
$3.36M -$597K -21,209 -12%
RAM
121
Resona Asset Management
Japan
$3.33M +$135K +4,805 +4%
SG Americas Securities
122
SG Americas Securities
New York
$3.32M +$1.45M +51,430 +68%
AIP
123
Ameritas Investment Partners
Nebraska
$3.31M +$1.43M +50,947 +67%
Creative Planning
124
Creative Planning
Kansas
$3.3M +$1.03M +36,660 +41%
Neuberger Berman Group
125
Neuberger Berman Group
New York
$3.22M +$516K +18,323 +17%

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.