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Brown-Forman Class B

613 hedge funds and large institutions have $8.39B invested in Brown-Forman Class B in 2024 Q1 according to their latest regulatory filings, with 69 funds opening new positions, 182 increasing their positions, 256 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

93% more call options, than puts

Call options by funds: $19.7M | Put options by funds: $10.2M

1% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 68

0.61% more ownership

Funds ownership: 52.99%53.6% (+0.61%)

0% less funds holding

Funds holding: 615613 (-2)

9% less capital invested

Capital invested by funds: $9.27B → $8.39B (-$875M)

29% less repeat investments, than reductions

Existing positions increased: 182 | Existing positions reduced: 256

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
613
Holders Change
-2
Holders Change %
-0.33%
% of All Funds
8.83%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
69
Increased
182
Reduced
256
Closed
68
Calls
$19.7M
Puts
$10.2M
Net Calls
+$9.48M
Net Calls Change
-$2.25M
Name Holding Trade Value Shares
Change
Change in
Stake
LT
201
Legacy Trust
Michigan
$1.94M +$527K +9,455 +34%
TPSF
202
Texas Permanent School Fund
Texas
$1.93M -$22.4K -403 -1%
NAM
203
Nissay Asset Management
Japan
$1.91M +$51.9K +932 +3%
Squarepoint
204
Squarepoint
New York
$1.89M +$1.71M +30,732 +524%
BCIM
205
British Columbia Investment Management
British Columbia, Canada
$1.89M +$50.4K +905 +3%
AB
206
Atlas Brown
Kentucky
$1.87M -$22.3K -400 -1%
BCWM
207
Bartlett & Co Wealth Management
Ohio
$1.85M -$6.96K -125 -0.3%
SAM
208
Storebrand Asset Management
Norway
$1.84M -$63.1K -1,134 -3%
Corient Private Wealth
209
Corient Private Wealth
Florida
$1.84M +$135K +2,428 +7%
MS
210
Maven Securities
Jersey
$1.81M -$1.03M -18,520 -35%
PI
211
PGGM Investments
Netherlands
$1.78M -$1.81M -32,482 -48%
Cetera Investment Advisers
212
Cetera Investment Advisers
Illinois
$1.77M +$1.91M +34,256 New
SG Americas Securities
213
SG Americas Securities
New York
$1.76M +$277K +4,972 +17%
JWCA
214
J.W. Cole Advisors
Florida
$1.76M +$11K +198 +0.6%
BCI
215
Brinker Capital Investments
Pennsylvania
$1.75M -$176K -3,156 -9%
OPS
216
Orion Portfolio Solutions
Nebraska
$1.75M -$176K -3,156 -9%
JFL
217
Jarislowsky, Fraser Ltd
Quebec, Canada
$1.73M -$101K -1,820 -5%
MP
218
McDonald Partners
Ohio
$1.72M -$15.5K -278 -0.8%
CCM
219
Chickasaw Capital Management
Tennessee
$1.71M -$235K -4,215 -11%
CIC
220
Carnegie Investment Counsel
Ohio
$1.71M +$367K +6,593 +25%
HIMC
221
Heritage Investors Management Corp
Maryland
$1.71M -$3.73K -67 -0.2%
OAM
222
Ostrum Asset Management
France
$1.71M +$1.17M +20,944 +173%
BBHC
223
Brown Brothers Harriman & Co
New York
$1.7M -$748K -13,433 -29%
Allianz Asset Management
224
Allianz Asset Management
Germany
$1.69M -$285K -5,125 -14%
LCM
225
Landscape Capital Management
New Jersey
$1.69M +$1.82M +32,645 New

BF.B Hedge Fund Activity: Q1 2024 in Review

613 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q1 2024, worth a combined $8.39B — down 9.4% from $9.27B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new BF.B positions and 68 closed out — a net gain of 1 holder — while 182 added to existing stakes and 256 trimmed.

The largest buyer was Bank of America, adding an estimated $27.6M. The largest seller was Morgan Stanley, cutting an estimated $159M.

  • 613 institutional investors held Brown-Forman Class B (BF.B) as of Q1 2024, down from 615 in Q4 2023.
  • Funds reported $8.39B of Brown-Forman Class B stock for Q1 2024, down 9.4% quarter-over-quarter.
  • 69 funds opened new Brown-Forman Class B positions in Q1 2024 and 68 closed out, a net change of +1 holder.
  • The largest Brown-Forman Class B buyer in Q1 2024 was Bank of America, an estimated $27.6M added.
  • The largest Brown-Forman Class B seller in Q1 2024 was Morgan Stanley, an estimated $159M sold.

Based on aggregated 13F filings for Q1 2024.