Brown-Forman Class B
BF.B
631 hedge funds and large institutions have $6.06B invested in Brown-Forman Class B in 2025 Q3 according to their latest regulatory filings, with 83 funds opening new positions, 216 increasing their positions, 237 reducing their positions, and 88 closing their positions.
109% more capital inflows, than outflows
Capital inflows: $1.06B | Capital outflows: $508M
23% more call options, than puts
Call options by funds: $27M | Put options by funds: $21.9M
6.13% more ownership
Funds ownership: 64.86% → 70.99% (+6.1%)
6% less first-time investments, than exits
New positions opened: 83 | Existing positions closed: 88
9% less repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 237
2% less funds holding
Funds holding: 643 → 631 (-12)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$362M |
| 2 |
VanEck Associates
New York
|
+$146M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$70.7M |
| 4 |
D.E. Shaw & Co
New York
|
+$59.9M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$51.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$53.1M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$35M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$25.7M |
| 4 |
ExodusPoint Capital Management
New York
|
-$23.9M |
| 5 |
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$19.3M |
BF.B Hedge Fund Activity: Q3 2025 in Review
631 of the 7,657 institutional investors tracked by Wall St. Rank reported a position in Brown-Forman Class B (BF.B) for Q3 2025, worth a combined $6.06B — up 14% from $5.31B a quarter earlier.
Sellers outnumbered buyers: 88 funds closed out of BF.B and 83 opened new positions — a net loss of 5 holders — while 237 trimmed existing stakes and 216 added.
The largest buyer was Fidelity Investments, adding an estimated $362M. The largest seller was Citadel Advisors, cutting an estimated $53.1M.
- 631 institutional investors held Brown-Forman Class B (BF.B) as of Q3 2025, down from 643 in Q2 2025.
- Funds reported $6.06B of Brown-Forman Class B stock for Q3 2025, up 14% quarter-over-quarter.
- 83 funds opened new Brown-Forman Class B positions in Q3 2025 and 88 closed out, a net change of -5 holders.
- The largest Brown-Forman Class B buyer in Q3 2025 was Fidelity Investments, an estimated $362M added.
- The largest Brown-Forman Class B seller in Q3 2025 was Citadel Advisors, an estimated $53.1M sold.
Based on aggregated 13F filings for Q3 2025.