Brown-Forman Class ABF.A
Market Cap: $21.2B
About: Brown-Forman is a us-based manufacturer of premium distilled spirits that generates close to 70% of revenues in the whiskey category, under well-known Tennessee whiskey brand Jack Daniel's and bourbon brands Woodford Reserve and Old Forester. It also manufactures and distributes tequila, vodka, rum, gin, and premium wines. The company generates 47% of sales from its home market, while the bulk of international revenues come from Europe, Australia, and Latin America. The Brown family controls over 50% of the economic interests and a 67% voting power of the company.
Employees: 5,600
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
150% more call options, than puts
Call options by funds: $265K | Put options by funds: $106K
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
0.1% less ownership
Funds ownership: 10.68% [Q1] → 10.58% (-0.1%) [Q2]
5% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 58
7% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 27
1% less funds holding
Funds holding: 186 [Q1] → 184 (-2) [Q2]
18% less capital invested
Capital invested by funds: $957M [Q1] → $787M (-$170M) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for BF.A.
Financial journalist opinion
Based on 9 articles about BF.A published over the past 30 days