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Brown-Forman Class B

657 hedge funds and large institutions have $10.1B invested in Brown-Forman Class B in 2022 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 220 increasing their positions, 232 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 55

1% more funds holding

Funds holding: 653657 (+4)

0.33% more ownership

Funds ownership: 48.95%49.29% (+0.33%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

5% less repeat investments, than reductions

Existing positions increased: 220 | Existing positions reduced: 232

6% less capital invested

Capital invested by funds: $10.8B → $10.1B (-$676M)

63% less call options, than puts

Call options by funds: $1.6M | Put options by funds: $4.32M

Holders
657
Holders Change
+4
Holders Change %
+0.61%
% of All Funds
10.36%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
66
Increased
220
Reduced
232
Closed
55
Calls
$1.6M
Puts
$4.32M
Net Calls
-$2.71M
Net Calls Change
-$2.76M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.42B +$12.1M +181,529 +0.9%
BlackRock
2
BlackRock
New York
$1.21B +$189M +2,834,139 +19%
Fundsmith LLP
3
Fundsmith LLP
United Kingdom
$790M -$244M -3,669,290 -24%
State Street
4
State Street
Massachusetts
$710M +$8.85M +132,948 +1%
Brown Advisory
5
Brown Advisory
Maryland
$269M -$105M -1,570,220 -28%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$260M +$15M +225,309 +6%
FIS
7
Fundsmith Investment Services
Mauritius
$257M +$255M +3,834,402 New
Invesco
8
Invesco
Georgia
$203M +$20.5M +307,388 +11%
First Trust Advisors
9
First Trust Advisors
Illinois
$180M +$6.65M +99,931 +4%
ProShare Advisors
10
ProShare Advisors
Maryland
$159M +$15M +225,911 +11%
Wells Fargo
11
Wells Fargo
California
$154M +$2.13M +31,984 +1%
Northern Trust
12
Northern Trust
Illinois
$148M -$193K -2,899 -0.1%
Legal & General Group
13
Legal & General Group
United Kingdom
$145M +$9.34M +140,226 +7%
Norges Bank
14
Norges Bank
Norway
$125M +$25.4M +382,259 +26%
Franklin Resources
15
Franklin Resources
California
$112M +$12.5K +188 +0%
LCOV
16
London Company of Virginia
Virginia
$102M +$1.44M +21,659 +1%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$92.1M -$829K -12,452 -0.9%
Swiss National Bank
18
Swiss National Bank
Switzerland
$89.9M +$10.9M +164,300 +14%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$89.8M -$4.29M -64,481 -5%
Goldman Sachs
20
Goldman Sachs
New York
$89.8M -$278K -4,172 -0.3%
UBS AM
21
UBS AM
Illinois
$78.7M -$6.58M -98,863 -8%
PAMS
22
Pictet Asset Management (Switzerland)
Switzerland
$75.9M -$27M -405,942 -26%
Barclays
23
Barclays
United Kingdom
$73.3M +$41.1M +616,743 +129%
APG Asset Management
24
APG Asset Management
Netherlands
$72M -$6.86M -102,997 -8%
GRQ
25
Gardner Russo & Quinn
Pennsylvania
$71.8M -$1.41M -21,241 -2%

BF.B Hedge Fund Activity: Q1 2022 in Review

657 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q1 2022, worth a combined $10.1B — down 6.3% from $10.8B a quarter earlier.

Buyers outnumbered sellers: 66 funds opened new BF.B positions and 55 closed out — a net gain of 11 holders — while 220 added to existing stakes and 232 trimmed.

The largest buyer was Fundsmith Investment Services, opening a new position worth an estimated $255M. The largest seller was Fundsmith LLP, cutting an estimated $244M.

  • 657 institutional investors held Brown-Forman Class B (BF.B) as of Q1 2022, up from 653 in Q4 2021.
  • Funds reported $10.1B of Brown-Forman Class B stock for Q1 2022, down 6.3% quarter-over-quarter.
  • 66 funds opened new Brown-Forman Class B positions in Q1 2022 and 55 closed out, a net change of +11 holders.
  • The largest Brown-Forman Class B buyer in Q1 2022 was Fundsmith Investment Services, an estimated $255M added.
  • The largest Brown-Forman Class B seller in Q1 2022 was Fundsmith LLP, an estimated $244M sold.

Based on aggregated 13F filings for Q1 2022.