Brown-Forman Class B
BF.B
613 hedge funds and large institutions have $10.2B invested in Brown-Forman Class B in 2021 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 220 increasing their positions, 204 reducing their positions, and 63 closing their positions.
281% more call options, than puts
Call options by funds: $7.75M | Put options by funds: $2.04M
8% more repeat investments, than reductions
Existing positions increased: 220 | Existing positions reduced: 204
0.04% more ownership
Funds ownership: 49.04% → 49.08% (+0.04%)
3% less funds holding
Funds holding: 633 → 613 (-20)
10% less capital invested
Capital invested by funds: $11.4B → $10.2B (-$1.19B)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
19% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fundsmith LLP
London,
United Kingdom
|
+$129M |
| 2 |
Goldman Sachs
New York
|
+$46.6M |
| 3 |
Retirement Systems of Alabama
Montgomery,
Alabama
|
+$34.6M |
| 4 |
Renaissance Technologies
New York
|
+$27.4M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$23.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$141M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$103M |
| 3 |
Bank Julius Baer & Co
Zurich,
Switzerland
|
-$81.2M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$28.8M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$23.5M |
BF.B Hedge Fund Activity: Q3 2021 in Review
613 of the 5,729 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q3 2021, worth a combined $10.2B — down 10% from $11.4B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of BF.B and 51 opened new positions — a net loss of 12 holders — while 204 trimmed existing stakes and 220 added.
The largest buyer was Fundsmith LLP, adding an estimated $129M. The largest seller was Brown Advisory, cutting an estimated $141M.
- 613 institutional investors held Brown-Forman Class B (BF.B) as of Q3 2021, down from 633 in Q2 2021.
- Funds reported $10.2B of Brown-Forman Class B stock for Q3 2021, down 10% quarter-over-quarter.
- 51 funds opened new Brown-Forman Class B positions in Q3 2021 and 63 closed out, a net change of -12 holders.
- The largest Brown-Forman Class B buyer in Q3 2021 was Fundsmith LLP, an estimated $129M added.
- The largest Brown-Forman Class B seller in Q3 2021 was Brown Advisory, an estimated $141M sold.
Based on aggregated 13F filings for Q3 2021.