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Brown-Forman Class B

612 hedge funds and large institutions have $9.92B 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.

New
Increased
Maintained
Reduced
Closed

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: 632612 (-20)

10% less capital invested

Capital invested by funds: $11.1B → $9.92B (-$1.14B)

16% less call options, than puts

Call options by funds: $1.72M | Put options by funds: $2.04M

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

19% less first-time investments, than exits

New positions opened: 51 | Existing positions closed: 63

Holders
612
Holders Change
-20
Holders Change %
-3.16%
% of All Funds
10.71%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.09%
New
51
Increased
220
Reduced
204
Closed
63
Calls
$1.72M
Puts
$2.04M
Net Calls
-$318K
Net Calls Change
+$206K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.41B -$103M -1,462,083 -6%
BlackRock
2
BlackRock
New York
$994M +$7.63M +107,766 +0.7%
Fundsmith LLP
3
Fundsmith LLP
United Kingdom
$966M +$129M +1,826,621 +15%
State Street
4
State Street
Massachusetts
$680M +$5.95M +84,083 +0.8%
Brown Advisory
5
Brown Advisory
Maryland
$363M -$141M -1,996,882 -27%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$239M +$8.24M +116,407 +3%
Invesco
7
Invesco
Georgia
$174M +$9.56M +135,029 +5%
First Trust Advisors
8
First Trust Advisors
Illinois
$157M +$14M +198,420 +9%
Northern Trust
9
Northern Trust
Illinois
$152M +$6.44M +90,932 +4%
Wells Fargo
10
Wells Fargo
California
$151M -$8.32M -117,588 -5%
Legal & General Group
11
Legal & General Group
United Kingdom
$138M +$2.27M +32,118 +2%
ProShare Advisors
12
ProShare Advisors
Maryland
$133M +$18.7M +264,602 +15%
APG Asset Management
13
APG Asset Management
Netherlands
$121M -$12.4M -175,397 -8%
BP
14
BBR Partners
New York
$118M
Franklin Resources
15
Franklin Resources
California
$114M +$2.68M +37,889 +2%
Norges Bank
16
Norges Bank
Norway
$106M +$2.3M +32,549 +2%
P
17
Pitcairn
Pennsylvania
$105M -$502K -7,095 -0.5%
LCOV
18
London Company of Virginia
Virginia
$104M -$6.47M -91,412 -6%
Principal Financial Group
19
Principal Financial Group
Iowa
$100M -$28.8M -407,583 -21%
Goldman Sachs
20
Goldman Sachs
New York
$96.8M +$46.6M +658,326 +84%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$96.6M +$1.65M +23,256 +2%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$90.8M -$886K -12,525 -0.9%
PAMS
23
Pictet Asset Management (Switzerland)
Switzerland
$87.3M +$92.2M +1,302,480 New
Swiss National Bank
24
Swiss National Bank
Switzerland
$82.1M -$2.69M -38,000 -3%
Morgan Stanley
25
Morgan Stanley
New York
$81M -$4.49M -63,489 -5%

BF.B Hedge Fund Activity: Q3 2021 in Review

612 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q3 2021, worth a combined $9.92B — down 10% from $11.1B 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.

  • 612 institutional investors held Brown-Forman Class B (BF.B) as of Q3 2021, down from 632 in Q2 2021.
  • Funds reported $9.92B 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.