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Brown-Forman Class B

635 hedge funds and large institutions have $7.02B invested in Brown-Forman Class B in 2024 Q4 according to their latest regulatory filings, with 124 funds opening new positions, 194 increasing their positions, 232 reducing their positions, and 89 closing their positions.

New
Increased
Maintained
Reduced
Closed

130% more call options, than puts

Call options by funds: $27.6M | Put options by funds: $12M

39% more first-time investments, than exits

New positions opened: 124 | Existing positions closed: 89

4% more funds holding

Funds holding: 611635 (+24)

0.8% less ownership

Funds ownership: 61.71%60.91% (-0.8%)

16% less repeat investments, than reductions

Existing positions increased: 194 | Existing positions reduced: 232

24% less capital invested

Capital invested by funds: $9.18B → $7.02B (-$2.16B)

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
635
Holders Change
+24
Holders Change %
+3.93%
% of All Funds
8.36%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
124
Increased
194
Reduced
232
Closed
89
Calls
$27.6M
Puts
$12M
Net Calls
+$15.6M
Net Calls Change
+$1.66M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.12B +$204K +4,649 +0%
BlackRock
2
BlackRock
New York
$557M +$15.3M +346,896 +2%
State Street
3
State Street
Massachusetts
$475M -$82.9M -1,885,509 -13%
Fundsmith LLP
4
Fundsmith LLP
United Kingdom
$366M -$16.4M -372,626 -4%
VanEck Associates
5
VanEck Associates
New York
$207M -$148M -3,365,013 -38%
Invesco
6
Invesco
Georgia
$180M +$33.7M +766,628 +19%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$163M +$3.58M +81,486 +2%
Charles Schwab
8
Charles Schwab
California
$146M -$1.88M -42,674 -1%
ProShare Advisors
9
ProShare Advisors
Maryland
$146M -$9.41M -213,959 -5%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$128M -$22.8M -518,744 -13%
CIP
11
Champlain Investment Partners
Vermont
$126M -$72.1M -1,639,623 -33%
Morgan Stanley
12
Morgan Stanley
New York
$123M +$1.75M +39,697 +1%
Lazard Asset Management
13
Lazard Asset Management
New York
$118M -$8.51M -193,585 -6%
Wells Fargo
14
Wells Fargo
California
$109M -$3.69M -83,865 -3%
FIS
15
Fundsmith Investment Services
Mauritius
$108M -$1.92M -43,675 -2%
Bank of America
16
Bank of America
North Carolina
$106M +$57.8M +1,313,986 +89%
Goldman Sachs
17
Goldman Sachs
New York
$94.1M -$76.2M -1,732,907 -41%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$94M +$15.8M +358,768 +17%
Norges Bank
19
Norges Bank
Norway
$88.1M +$9.68M +220,167 +10%
Vontobel Holding
20
Vontobel Holding
Switzerland
$81.4M +$29.4M +669,466 +45%
Northern Trust
21
Northern Trust
Illinois
$78M +$10.7M +244,263 +14%
LT
22
Lindsell Train
United Kingdom
$62.1M -$241K -5,479 -0.3%
MAM
23
Madison Asset Management
Wisconsin
$61.2M +$1.66M +37,785 +2%
MIA
24
Madison Investment Advisors
Wisconsin
$61.2M +$70.9M +1,611,231 New
ATO
25
Alecta Tjanstepension Omsesidigt
Sweden
$60.8M

BF.B Hedge Fund Activity: Q4 2024 in Review

635 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q4 2024, worth a combined $7.02B — down 24% from $9.18B a quarter earlier.

Buyers outnumbered sellers: 124 funds opened new BF.B positions and 89 closed out — a net gain of 35 holders — while 194 added to existing stakes and 232 trimmed.

The largest buyer was Bank of America, adding an estimated $57.8M. The largest seller was VanEck Associates, cutting an estimated $148M.

  • 635 institutional investors held Brown-Forman Class B (BF.B) as of Q4 2024, up from 611 in Q3 2024.
  • Funds reported $7.02B of Brown-Forman Class B stock for Q4 2024, down 24% quarter-over-quarter.
  • 124 funds opened new Brown-Forman Class B positions in Q4 2024 and 89 closed out, a net change of +35 holders.
  • The largest Brown-Forman Class B buyer in Q4 2024 was Bank of America, an estimated $57.8M added.
  • The largest Brown-Forman Class B seller in Q4 2024 was VanEck Associates, an estimated $148M sold.

Based on aggregated 13F filings for Q4 2024.