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Brown-Forman Class B

655 hedge funds and large institutions have $10.5B invested in Brown-Forman Class B in 2023 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 224 increasing their positions, 229 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

178% more call options, than puts

Call options by funds: $1.6M | Put options by funds: $574K

7% more capital invested

Capital invested by funds: $9.83B → $10.5B (+$653M)

1.29% more ownership

Funds ownership: 49.4%50.69% (+1.3%)

1% less funds holding

Funds holding: 659655 (-4)

2% less repeat investments, than reductions

Existing positions increased: 224 | Existing positions reduced: 229

7% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 57

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

Holders
655
Holders Change
-4
Holders Change %
-0.61%
% of All Funds
10.28%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
53
Increased
224
Reduced
229
Closed
57
Calls
$1.6M
Puts
$574K
Net Calls
+$1.02M
Net Calls Change
+$1.54M
Name Holding Trade Value Shares
Change
Change in
Stake
BBHC
176
Brown Brothers Harriman & Co
New York
$3.62M -$1.12M -17,519 -24%
DekaBank Deutsche Girozentrale
177
DekaBank Deutsche Girozentrale
Germany
$3.57M +$110K +1,725 +3%
Voloridge Investment Management
178
Voloridge Investment Management
Florida
$3.53M -$8.6M -134,322 -72%
MIM
179
MetLife Investment Management
New Jersey
$3.51M +$64.6K +1,010 +2%
Envestnet Asset Management
180
Envestnet Asset Management
Illinois
$3.5M -$863K -13,480 -20%
AAM
181
Aureus Asset Management
Massachusetts
$3.49M
PAM
182
Peninsula Asset Management
Florida
$3.48M -$148K -2,308 -4%
BCI
183
Brinker Capital Investments
Pennsylvania
$3.47M -$246K -3,838 -7%
OPS
184
Orion Portfolio Solutions
Nebraska
$3.47M -$246K -3,838 -7%
AIG
185
American International Group
New York
$3.44M +$74.1K +1,158 +2%
Public Employees Retirement Association of Colorado
186
Public Employees Retirement Association of Colorado
Colorado
$3.43M -$1.47K -23 -0%
GAM
187
Garrison Asset Management
Arkansas
$3.42M -$6.34K -99 -0.2%
Aberdeen Group
188
Aberdeen Group
United Kingdom
$3.42M -$5.65M -88,312 -63%
NIM
189
Northeast Investment Management
Massachusetts
$3.35M +$55.4K +865 +2%
MS
190
Maven Securities
Jersey
$3.29M -$985K -15,391 -24%
FIM
191
Fruth Investment Management
Texas
$3.27M -$19.2K -300 -0.6%
AB
192
Amalgamated Bank
New York
$3.23M -$213K -3,321 -6%
SC
193
Schulhoff & Co
Ohio
$3.16M -$71.5K -1,117 -2%
American Century Companies
194
American Century Companies
Missouri
$3.04M -$309K -4,827 -10%
SLAM
195
Swiss Life Asset Management
$3.04M -$158K -2,467 -5%
O
196
Ossiam
France
$3.04M -$60.9M -951,976 -95%
RBA
197
Richard Bernstein Advisors
New York
$2.97M +$2.85M +44,474 New
TCM
198
Teza Capital Management
Illinois
$2.96M +$2.84M +44,347 New
Russell Investments Group
199
Russell Investments Group
United Kingdom
$2.86M -$1.16M -18,178 -30%
Robeco Institutional Asset Management
200
Robeco Institutional Asset Management
Netherlands
$2.84M -$1.68M -26,202 -38%

BF.B Hedge Fund Activity: Q2 2023 in Review

655 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q2 2023, worth a combined $10.5B — up 6.6% from $9.83B a quarter earlier.

Sellers outnumbered buyers: 57 funds closed out of BF.B and 53 opened new positions — a net loss of 4 holders — while 229 trimmed existing stakes and 224 added.

The largest buyer was Vanguard Group, adding an estimated $300M. The largest seller was First Trust Advisors, cutting an estimated $172M.

  • 655 institutional investors held Brown-Forman Class B (BF.B) as of Q2 2023, down from 659 in Q1 2023.
  • Funds reported $10.5B of Brown-Forman Class B stock for Q2 2023, up 6.6% quarter-over-quarter.
  • 53 funds opened new Brown-Forman Class B positions in Q2 2023 and 57 closed out, a net change of -4 holders.
  • The largest Brown-Forman Class B buyer in Q2 2023 was Vanguard Group, an estimated $300M added.
  • The largest Brown-Forman Class B seller in Q2 2023 was First Trust Advisors, an estimated $172M sold.

Based on aggregated 13F filings for Q2 2023.