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Brown-Forman Class B

611 hedge funds and large institutions have $9.18B invested in Brown-Forman Class B in 2024 Q3 according to their latest regulatory filings, with 87 funds opening new positions, 245 increasing their positions, 182 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

127% more call options, than puts

Call options by funds: $24.9M | Put options by funds: $11M

55% more first-time investments, than exits

New positions opened: 87 | Existing positions closed: 56

35% more repeat investments, than reductions

Existing positions increased: 245 | Existing positions reduced: 182

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

22% more capital invested

Capital invested by funds: $7.5B → $9.18B (+$1.68B)

4.52% more ownership

Funds ownership: 57.19%61.71% (+4.5%)

4% more funds holding

Funds holding: 585611 (+26)

Holders
611
Holders Change
+26
Holders Change %
+4.44%
% of All Funds
8.77%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
87
Increased
245
Reduced
182
Closed
56
Calls
$24.9M
Puts
$11M
Net Calls
+$13.9M
Net Calls Change
-$73K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.46B -$78.6M -1,748,642 -6%
State Street
2
State Street
Massachusetts
$707M +$97.3M +2,164,881 +18%
BlackRock
3
BlackRock
New York
$704M +$19.6M +436,732 +3%
Fundsmith LLP
4
Fundsmith LLP
United Kingdom
$493M -$50.7M -1,128,244 -10%
VanEck Associates
5
VanEck Associates
New York
$430M +$200M +4,445,128 +102%
CIP
6
Champlain Investment Partners
Vermont
$244M -$4.55M -101,090 -2%
Goldman Sachs
7
Goldman Sachs
New York
$207M +$55.8M +1,240,389 +42%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$207M +$3.01M +66,893 +2%
ProShare Advisors
9
ProShare Advisors
Maryland
$200M +$20.9M +464,582 +13%
Invesco
10
Invesco
Georgia
$195M +$15M +332,991 +9%
Charles Schwab
11
Charles Schwab
California
$192M +$2.41M +53,533 +1%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$192M +$2.02M +44,968 +1%
Lazard Asset Management
13
Lazard Asset Management
New York
$163M +$69.8M +1,553,115 +89%
Morgan Stanley
14
Morgan Stanley
New York
$158M +$21.3M +474,254 +17%
Wells Fargo
15
Wells Fargo
California
$145M +$5.47M +121,716 +4%
FIS
16
Fundsmith Investment Services
Mauritius
$143M -$31.9M -709,790 -20%
Macquarie Group
17
Macquarie Group
Australia
$133M +$1.39M +30,967 +1%
Millennium Management
18
Millennium Management
New York
$131M +$118M +2,623,592 +6,392%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$104M +$18M +400,905 +23%
Norges Bank
20
Norges Bank
Norway
$103M +$1.22M +27,190 +1%
Amundi
21
Amundi
France
$91.2M +$69.1M +1,536,377 +365%
Northern Trust
22
Northern Trust
Illinois
$89M -$3.6M -80,103 -4%
LT
23
Lindsell Train
United Kingdom
$80.7M +$60.7M +1,349,698 +465%
ATO
24
Alecta Tjanstepension Omsesidigt
Sweden
$78.7M
Legal & General Group
25
Legal & General Group
United Kingdom
$78.2M +$469K +10,430 +0.7%

BF.B Hedge Fund Activity: Q3 2024 in Review

611 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q3 2024, worth a combined $9.18B — up 22% from $7.5B a quarter earlier.

Buyers outnumbered sellers: 87 funds opened new BF.B positions and 56 closed out — a net gain of 31 holders — while 245 added to existing stakes and 182 trimmed.

The largest buyer was VanEck Associates, adding an estimated $200M. The largest seller was Glenview Trust, cutting an estimated $81.1M.

  • 611 institutional investors held Brown-Forman Class B (BF.B) as of Q3 2024, up from 585 in Q2 2024.
  • Funds reported $9.18B of Brown-Forman Class B stock for Q3 2024, up 22% quarter-over-quarter.
  • 87 funds opened new Brown-Forman Class B positions in Q3 2024 and 56 closed out, a net change of +31 holders.
  • The largest Brown-Forman Class B buyer in Q3 2024 was VanEck Associates, an estimated $200M added.
  • The largest Brown-Forman Class B seller in Q3 2024 was Glenview Trust, an estimated $81.1M sold.

Based on aggregated 13F filings for Q3 2024.