Brown-Forman Class B
BF.B
616 hedge funds and large institutions have $9.11B invested in Brown-Forman Class B in 2023 Q4 according to their latest regulatory filings, with 73 funds opening new positions, 219 increasing their positions, 206 reducing their positions, and 73 closing their positions.
278% more call options, than puts
Call options by funds: $16M | Put options by funds: $4.22M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
6% more repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 206
0.72% more ownership
Funds ownership: 51.38% → 52.11% (+0.72%)
0% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 73
1% less capital invested
Capital invested by funds: $9.2B → $9.11B (-$82.1M)
1% less funds holding
Funds holding: 623 → 616 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$115M |
| 2 |
ATO
Alecta Tjanstepension Omsesidigt
Stockholm,
Sweden
|
+$91.6M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$63.6M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$62.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$42.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$121M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$56.7M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$53.8M |
| 4 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
-$49M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
-$45M |
BF.B Hedge Fund Activity: Q4 2023 in Review
616 of the 6,870 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2023, worth a combined $9.11B — down 0.89% from $9.2B a quarter earlier.
Fund positioning in BF.B was balanced in Q4 2023: 73 funds opened new positions, 73 closed out, 219 added to existing stakes and 206 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $115M. The largest seller was Citadel Advisors, exiting entirely with an estimated $121M sold.
- 616 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2023, down from 623 in Q3 2023.
- Funds reported $9.11B of Brown-Forman Class B stock for Q4 2023, down 0.89% quarter-over-quarter.
- 73 funds opened new Brown-Forman Class B positions in Q4 2023 and 73 closed out, a net change of 0 holders.
- The largest Brown-Forman Class B buyer in Q4 2023 was Principal Financial Group, an estimated $115M added.
- The largest Brown-Forman Class B seller in Q4 2023 was Citadel Advisors, an estimated $121M sold.
Based on aggregated 13F filings for Q4 2023.