Brown-Forman Class B
BF.B
624 hedge funds and large institutions have $9.2B invested in Brown-Forman Class B in 2023 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 192 increasing their positions, 250 reducing their positions, and 69 closing their positions.
29% more capital inflows, than outflows
Capital inflows: $813M | Capital outflows: $631M
0.69% more ownership
Funds ownership: 50.69% → 51.39% (+0.69%)
5% less funds holding
Funds holding: 657 → 624 (-33)
23% less repeat investments, than reductions
Existing positions increased: 192 | Existing positions reduced: 250
38% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 69
47% less call options, than puts
Call options by funds: $5.08M | Put options by funds: $9.5M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$296M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$129M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$51.3M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$33.7M |
| 5 |
TwinBeech Capital
Purchase,
New York
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Los Angeles Capital Management
Los Angeles,
California
|
-$56.6M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$49.6M |
| 3 |
Jane Street
New York
|
-$38.6M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$36.3M |
| 5 |
JP Morgan Chase
New York
|
-$31.5M |
BF.B Hedge Fund Activity: Q3 2023 in Review
624 of the 6,316 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q3 2023, worth a combined $9.2B — down 12% from $10.5B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of BF.B and 43 opened new positions — a net loss of 26 holders — while 250 trimmed existing stakes and 192 added.
The largest buyer was Vanguard Group, adding an estimated $296M. The largest seller was Los Angeles Capital Management, cutting an estimated $56.6M.
- 624 institutional investors held Brown-Forman Class B (BF.B) as of Q3 2023, down from 657 in Q2 2023.
- Funds reported $9.2B of Brown-Forman Class B stock for Q3 2023, down 12% quarter-over-quarter.
- 43 funds opened new Brown-Forman Class B positions in Q3 2023 and 69 closed out, a net change of -26 holders.
- The largest Brown-Forman Class B buyer in Q3 2023 was Vanguard Group, an estimated $296M added.
- The largest Brown-Forman Class B seller in Q3 2023 was Los Angeles Capital Management, an estimated $56.6M sold.
Based on aggregated 13F filings for Q3 2023.