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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
DLCIG
201
D.L. Carlson Investment Group
New Hampshire
$2.83M -$15.7K -246 -0.6%
LT
202
Legacy Trust
Michigan
$2.81M +$95.9K +1,499 +4%
Retirement Systems of Alabama
203
Retirement Systems of Alabama
Alabama
$2.78M -$799K -12,481 -23%
X
204
Xponance
Pennsylvania
$2.75M +$251K +3,923 +11%
Schroder Investment Management Group
205
Schroder Investment Management Group
United Kingdom
$2.73M -$16.7M -260,254 -86%
WAC
206
William Allan Corp
Colorado
$2.71M +$111K +1,736 +4%
MRWM
207
ML&R Wealth Management
Texas
$2.7M +$2.58M +40,372 New
SG Americas Securities
208
SG Americas Securities
New York
$2.63M +$1.7M +26,508 +205%
AAF
209
Andra AP-fonden
Sweden
$2.6M +$538K +8,400 +28%
GT
210
Glenmede Trust
Pennsylvania
$2.58M
PAG
211
Private Advisor Group
New Jersey
$2.57M -$168K -2,619 -6%
Osaic Holdings
212
Osaic Holdings
Arizona
$2.57M +$319K +4,977 +15%
TPSF
213
Texas Permanent School Fund
Texas
$2.56M +$14.7K +229 +0.6%
CAN
214
Cetera Advisor Networks
California
$2.55M +$64.1K +1,002 +3%
AB
215
Atlas Brown
Kentucky
$2.5M +$126K +1,971 +6%
JFL
216
Jarislowsky, Fraser Ltd
Quebec, Canada
$2.49M -$243K -3,798 -9%
OPERF
217
Oregon Public Employees Retirement Fund
Oregon
$2.45M -$174K -2,718 -7%
Verition Fund Management
218
Verition Fund Management
Connecticut
$2.45M -$128K -1,994 -5%
BCWM
219
Bartlett & Co Wealth Management
Ohio
$2.41M +$1.25M +19,510 +118%
BC
220
Bartlett & Co
Ohio
$2.41M +$1.25M +19,510 +118%
SAM
221
Storebrand Asset Management
Norway
$2.41M +$964K +15,064 +72%
AF
222
Ally Financial
Michigan
$2.4M +$57.6K +900 +3%
Mirae Asset Global Investments
223
Mirae Asset Global Investments
South Korea
$2.39M +$11.3K +177 +0.5%
Truist Financial
224
Truist Financial
North Carolina
$2.37M -$96.5K -1,508 -4%
CCM
225
Chickasaw Capital Management
Tennessee
$2.37M -$20.8K -325 -0.9%

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.