Brown-Forman Class A (BF.A)

• Market cap: $19.1B
• 1 day: -0.47%
• 5 days: -8.55%
• 1 month: 1.71%
• 3 months: -10.47%
• 6 months: -6.39%
• Year to date: -31.69%
• 1 year: -31.76%
• 5 years: -35.76%
• 10 years: -13.81%
• Sector: Consumer Staples
• Industry: Beverages

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 45% 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: 5,700

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

131% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 13

83% more call options, than puts

Call options by funds: $106K | Put options by funds: $58K

33% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 51

9% more funds holding

Funds holding: 184 [Q2] → 201 (+17) [Q3]

8% more capital invested

Capital invested by funds: $800M [Q2] → $860M (+$60.8M) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

0.17% less ownership

Funds ownership: 10.75% [Q2] → 10.58% (-0.17%) [Q3]