Who owns Brown-Forman (BF-B)
Which tracked institutional funds hold BF-B, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BF-B company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
102 tracked funds added or opened BF-B while 120 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
BF-B’s largest tracked holder by dollar value, VANGUARD CAPITAL MANAGEMENT LLC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes BF-B more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in BF-B divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 544 tracked filers holding BF-B, 264 increased or opened the position and 346 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in BF-B between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 29
- Pureheart Capital Pte Ltd.$38M
- TUDOR INVESTMENT CORP ET AL$14M
- FIDEURAM - INTESA SANPAOLO PRIVATE BANKING S.P.A.$10M
- Slotnik Capital, LLC$9M
- Jump Financial, LLC$7M
- Capula Management Ltd$5M
Full exits 54
- Caisse de depot et placement du Quebec$48M
- ARGA Investment Management, LP$37M
- OLD REPUBLIC INTERNATIONAL CORP$29M
- THOMPSON SIEGEL & WALMSLEY LLC$28M
- EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC$26M
- HRT FINANCIAL LP$15M
Largest adds
- BlackRock, Inc.$177M
- DIMENSIONAL FUND ADVISORS LP$67M
- GOLDMAN SACHS GROUP INC$28M
- CANADA PENSION PLAN INVESTMENT BOARD$28M
- MILLENNIUM MANAGEMENT LLC$27M
- Quantinno Capital Management LP$26M
Largest trims
- Black Creek Investment Management Inc.$74M
- CITADEL ADVISORS LLC$65M
- NORGES BANK$38M
- BANK OF AMERICA CORP /DE/$37M
- UBS Group AG$24M
- JPMORGAN CHASE & CO$22M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 14,597,902 | $389M | 8.0% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 13,396,435 | $357M | 7.4% | 2026-Q2 |
| FMR LLC trimmed | 12,577,525 | $335M | 6.9% | 2026-Q2 |
| BlackRock, Inc. added | 12,159,629 | $324M | 6.7% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP trimmed | 12,095,293 | $322M | 6.6% | 2026-Q2 |
| STATE STREET CORP trimmed | 9,748,553 | $262M | 5.4% | 2026-Q2 |
| Invesco Ltd. trimmed | 8,559,478 | $228M | 4.7% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 7,395,364 | $197M | 4.1% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 7,048,225 | $188M | 3.9% | 2026-Q2 |
| ProShare Advisors LLC trimmed | 5,658,686 | $151M | 3.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 5,501,201 | $146M | 3.0% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 3,530,345 | $94M | 1.9% | 2026-Q2 |
| MORGAN STANLEY trimmed | 3,470,795 | $92M | 1.9% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 2,829,659 | $75M | 1.6% | 2026-Q2 |
| EQUITY INVESTMENT CORP added | 2,590,913 | $69M | 1.4% | 2026-Q2 |
| Black Creek Investment Management Inc. trimmed | 2,457,810 | $66M | 1.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 2,329,276 | $62M | 1.3% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,116,924 | $56M | 1.2% | 2026-Q2 |
| UBS Group AG trimmed | 2,105,843 | $56M | 1.2% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 2,045,650 | $55M | 1.1% | 2026-Q2 |
| Ruffer LLP trimmed | 1,931,956 | $51M | 1.1% | 2026-Q2 |
| Vest Financial, LLC trimmed | 1,688,989 | $45M | 0.9% | 2026-Q2 |
| Grantham, Mayo, Van Otterloo & Co. LLC added | 1,666,644 | $44M | 0.9% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 1,585,516 | $42M | 0.9% | 2026-Q2 |
| J. Safra Sarasin Holding AG trimmed | 1,570,661 | $37M | 0.8% | 2026-Q2 |
| Pureheart Capital Pte Ltd. new | 1,442,248 | $38M | 0.8% | 2026-Q2 |
| FIL Ltd added | 1,388,235 | $37M | 0.8% | 2026-Q2 |
| Lindsell Train Ltd trimmed | 1,379,324 | $37M | 0.8% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT CO LTD trimmed | 1,297,920 | $35M | 0.7% | 2026-Q2 |
| NORGES BANK trimmed | 1,293,650 | $34M | 0.7% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 1,214,645 | $32M | 0.7% | 2026-Q2 |
| Quantinno Capital Management LP added | 1,179,906 | $31M | 0.6% | 2026-Q2 |
| DEUTSCHE BANK AG\ trimmed | 1,164,991 | $31M | 0.6% | 2026-Q2 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC trimmed | 1,152,060 | $31M | 0.6% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 1,104,010 | $29M | 0.6% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 1,097,622 | $29M | 0.6% | 2026-Q2 |
| Point72 Asset Management, L.P. trimmed | 1,089,873 | $29M | 0.6% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 1,024,477 | $27M | 0.6% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 1,013,630 | $27M | 0.6% | 2026-Q2 |
| CITIGROUP INC added | 949,845 | $25M | 0.5% | 2026-Q2 |
| D. E. Shaw & Co., Inc. trimmed | 909,566 | $24M | 0.5% | 2026-Q2 |
| Gotham Asset Management, LLC added | 876,521 | $23M | 0.5% | 2026-Q2 |
| Baird Financial Group, Inc. trimmed | 742,400 | $20M | 0.4% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 685,755 | $18M | 0.4% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 649,703 | $18M | 0.4% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 648,252 | $17M | 0.4% | 2026-Q2 |
| Cerity Partners LLC trimmed | 647,224 | $17M | 0.4% | 2026-Q2 |
| GARDNER RUSSO & QUINN LLC trimmed | 639,282 | $17M | 0.4% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 635,391 | $17M | 0.3% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 627,953 | $17M | 0.3% | 2026-Q2 |
| CIBC WORLD MARKET INC. added | 595,004 | $16M | 0.3% | 2026-Q2 |
| Nuveen, LLC added | 575,622 | $15M | 0.3% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 562,416 | $15M | 0.3% | 2026-Q2 |
| CIBC Bancorp USA Inc. added | 560,393 | $15M | 0.3% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL added | 516,256 | $14M | 0.3% | 2026-Q2 |
| PNC Financial Services Group, Inc. trimmed | 514,691 | $14M | 0.3% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 510,006 | $14M | 0.3% | 2026-Q2 |
| Markel Group Inc. | 474,187 | $13M | 0.3% | 2026-Q2 |
| Glenview Trust Co trimmed | 470,354 | $13M | 0.3% | 2026-Q2 |
| Bronte Capital Management Pty Ltd. trimmed | 464,313 | $12M | 0.3% | 2026-Q2 |
| RHUMBLINE ADVISERS added | 459,849 | $12M | 0.3% | 2026-Q2 |
| Legal & General Group Plc added | 456,229 | $12M | 0.3% | 2026-Q2 |
| GRACE & WHITE INC /NY | 442,148 | $12M | 0.2% | 2026-Q2 |
| RBO & CO LLC trimmed | 407,498 | $11M | 0.2% | 2026-Q2 |
| ExodusPoint Capital Management, LP added | 405,434 | $11M | 0.2% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 396,887 | $11M | 0.2% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. trimmed | 392,698 | $10M | 0.2% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 380,309 | $10M | 0.2% | 2026-Q2 |
| FIDEURAM - INTESA SANPAOLO PRIVATE BANKING S.P.A. new | 379,813 | $10M | 0.2% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 366,835 | $10M | 0.2% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 349,553 | $9M | 0.2% | 2026-Q2 |
| Swiss National Bank trimmed | 334,918 | $9M | 0.2% | 2026-Q2 |
| ICICI Prudential Asset Management Co Ltd trimmed | 324,500 | $9M | 0.2% | 2026-Q2 |
| BARCLAYS PLC trimmed | 323,931 | $9M | 0.2% | 2026-Q2 |
| Corient Private Wealth LP added | 306,062 | $8M | 0.2% | 2026-Q2 |
| Moran Wealth Management, LLC added | 286,003 | $8M | 0.2% | 2026-Q2 |
| Creative Planning added | 285,804 | $8M | 0.2% | 2026-Q2 |
| Mariner, LLC trimmed | 273,871 | $7M | 0.2% | 2026-Q2 |
| Morningstar Investment Management LLC | 266,577 | $7M | 0.1% | 2026-Q2 |
| GATEWAY INVESTMENT ADVISERS LLC added | 262,902 | $7M | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 259,708 | $7M | 0.1% | 2026-Q2 |
| Philip James Wealth Mangement, LLC added | 259,241 | $7M | 0.1% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC trimmed | 251,621 | $7M | 0.1% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 250,145 | $7M | 0.1% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 249,417 | $7M | 0.1% | 2026-Q2 |
| Jump Financial, LLC added | 247,839 | $7M | 0.1% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 238,779 | $6M | 0.1% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 225,675 | $6M | 0.1% | 2026-Q2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM added | 223,068 | $6M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 208,815 | $6M | 0.1% | 2026-Q2 |
| APG Asset Management N.V. added | 208,323 | $5M | 0.1% | 2026-Q2 |
| YOUSIF CAPITAL MANAGEMENT, LLC trimmed | 207,814 | $6M | 0.1% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 205,498 | $5M | 0.1% | 2026-Q2 |
| BANYAN CAPITAL MANAGEMENT, INC. trimmed | 186,621 | $5M | 0.1% | 2026-Q2 |
| GUGGENHEIM CAPITAL LLC trimmed | 185,466 | $5M | 0.1% | 2026-Q2 |
| Capula Management Ltd new | 182,929 | $5M | 0.1% | 2026-Q2 |
| Douglass Winthrop Advisors, LLC trimmed | 178,823 | $5M | 0.1% | 2026-Q2 |
| BENJAMIN EDWARDS INC trimmed | 173,479 | $5M | 0.1% | 2026-Q2 |
| Hillman Capital Management, Inc. trimmed | 172,514 | $5M | 0.1% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 172,050 | $5M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.