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Brown-Forman Class B

642 hedge funds and large institutions have $6.73B invested in Brown-Forman Class B in 2025 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 264 increasing their positions, 202 reducing their positions, and 81 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more funds holding in top 10

Funds holding in top 10: 25 (+3)

31% more repeat investments, than reductions

Existing positions increased: 264 | Existing positions reduced: 202

14% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 81

11% more call options, than puts

Call options by funds: $46.7M | Put options by funds: $42.1M

4.44% more ownership

Funds ownership: 60.91%65.35% (+4.4%)

1% more funds holding

Funds holding: 635642 (+7)

4% less capital invested

Capital invested by funds: $7.02B → $6.73B (-$287M)

Holders
642
Holders Change
+7
Holders Change %
+1.1%
% of All Funds
8.61%
Holding in Top 10
5
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+150%
% of All Funds
0.07%
New
92
Increased
264
Reduced
202
Closed
81
Calls
$46.7M
Puts
$42.1M
Net Calls
+$4.59M
Net Calls Change
-$11M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.04B +$35.8M +1,061,479 +4%
BlackRock
2
BlackRock
New York
$526M +$28.3M +840,801 +6%
State Street
3
State Street
Massachusetts
$426M +$1.46M +43,348 +0.3%
Fundsmith LLP
4
Fundsmith LLP
United Kingdom
$327M
VanEck Associates
5
VanEck Associates
New York
$209M +$23.1M +686,676 +13%
Invesco
6
Invesco
Georgia
$196M +$35.5M +1,052,679 +22%
Bank of America
7
Bank of America
North Carolina
$196M +$101M +2,990,616 +107%
Morgan Stanley
8
Morgan Stanley
New York
$183M +$71.9M +2,133,397 +66%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$178M +$32.8M +972,610 +23%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$176M +$60.7M +1,801,697 +53%
ProShare Advisors
11
ProShare Advisors
Maryland
$171M +$39.6M +1,173,576 +30%
Charles Schwab
12
Charles Schwab
California
$136M +$5.13M +152,095 +4%
Goldman Sachs
13
Goldman Sachs
New York
$129M +$44.8M +1,328,878 +54%
UBS Group
14
UBS Group
Switzerland
$104M +$60.9M +1,806,082 +142%
Wells Fargo
15
Wells Fargo
California
$102M +$4.86M +144,269 +5%
FIS
16
Fundsmith Investment Services
Mauritius
$96.9M
CIP
17
Champlain Investment Partners
Vermont
$89.4M -$23.2M -688,167 -21%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$81.1M -$2.84M -84,244 -3%
Norges Bank
19
Norges Bank
Norway
$80.2M +$1.42M +42,239 +2%
Northern Trust
20
Northern Trust
Illinois
$72.3M +$2.62M +77,711 +4%
UBS AM
21
UBS AM
Illinois
$64.2M +$10.4M +308,354 +19%
MAM
22
Madison Asset Management
Wisconsin
$64M +$9.29M +275,585 +17%
VF
23
Vest Financial
Virginia
$54.9M +$15.4M +457,598 +39%
ATO
24
Alecta Tjanstepension Omsesidigt
Sweden
$54.3M
First Trust Advisors
25
First Trust Advisors
Illinois
$53.6M +$11.5M +342,036 +28%

BF.B Hedge Fund Activity: Q1 2025 in Review

642 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q1 2025, worth a combined $6.73B — down 4.1% from $7.02B a quarter earlier.

Buyers outnumbered sellers: 92 funds opened new BF.B positions and 81 closed out — a net gain of 11 holders — while 264 added to existing stakes and 202 trimmed.

The largest buyer was Bank of America, adding an estimated $101M. The largest seller was Lazard Asset Management, cutting an estimated $94.5M.

  • 642 institutional investors held Brown-Forman Class B (BF.B) as of Q1 2025, up from 635 in Q4 2024.
  • Funds reported $6.73B of Brown-Forman Class B stock for Q1 2025, down 4.1% quarter-over-quarter.
  • 92 funds opened new Brown-Forman Class B positions in Q1 2025 and 81 closed out, a net change of +11 holders.
  • The largest Brown-Forman Class B buyer in Q1 2025 was Bank of America, an estimated $101M added.
  • The largest Brown-Forman Class B seller in Q1 2025 was Lazard Asset Management, an estimated $94.5M sold.

Based on aggregated 13F filings for Q1 2025.