Brown-Forman Class B
BF.B
657 hedge funds and large institutions have $10.5B invested in Brown-Forman Class B in 2023 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 224 increasing their positions, 230 reducing their positions, and 57 closing their positions.
178% more call options, than puts
Call options by funds: $1.6M | Put options by funds: $574K
37% more capital inflows, than outflows
Capital inflows: $977M | Capital outflows: $716M
1.29% more ownership
Funds ownership: 49.4% → 50.69% (+1.3%)
0% less funds holding
Funds holding: 660 → 657 (-3)
3% less repeat investments, than reductions
Existing positions increased: 224 | Existing positions reduced: 230
5% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 57
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$300M |
| 2 |
Champlain Investment Partners
Burlington,
Vermont
|
+$151M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$61.9M |
| 4 |
Jane Street
New York
|
+$43.8M |
| 5 |
JP Morgan Chase
New York
|
+$36.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$172M |
| 2 |
Ossiam
Paris,
France
|
-$60.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$37.3M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$32M |
| 5 |
Credit Suisse
Zurich,
Switzerland
|
-$31.9M |
BF.B Hedge Fund Activity: Q2 2023 in Review
657 of the 6,389 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 $9.8B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of BF.B and 54 opened new positions — a net loss of 3 holders — while 230 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.
- 657 institutional investors held Brown-Forman Class B (BF.B) as of Q2 2023, down from 660 in Q1 2023.
- Funds reported $10.5B of Brown-Forman Class B stock for Q2 2023, up 6.6% quarter-over-quarter.
- 54 funds opened new Brown-Forman Class B positions in Q2 2023 and 57 closed out, a net change of -3 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.