Brown-Forman Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:BF.B Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
30 Jun 23	SellUS$10,044	Augusta Holland	Individual		150	US$66.96

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of BF.B?
Owner Type	Number of Shares	Ownership Percentage
State or Government	167,789	0.0355%
Individual Insiders	11,781,134	2.49%
Private Companies	113,939,851	24.1%
General Public	162,252,389	34.3%
Institutions	184,383,071	39%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 52.14% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
20.3%	Wolf Pen Branch, LP	95,710,510	US$4.8b	0%	no data
7.53%	The Vanguard Group, Inc.	35,590,437	US$1.8b	0.93%	0.03%
3.85%	Avish Agincourt, LLC	18,208,304	US$908.8m	0%	no data
3.51%	BlackRock, Inc.	16,563,140	US$826.7m	-0.56%	0.01%
3.32%	Fundsmith, LLP	15,666,962	US$782.0m	29.6%	2.24%
2.42%	State Street Global Advisors, Inc.	11,442,085	US$571.1m	3.18%	0.02%
1.41%	Campbell Brown	6,683,393	US$333.6m	0%	no data
0.96%	Geode Capital Management, LLC	4,522,742	US$225.7m	2.66%	0.02%
0.85%	Fundsmith Investment Services Limited	4,014,256	US$200.4m	0%	2.66%
0.74%	Champlain Investment Partners, LLC	3,477,605	US$173.6m	45.3%	1.0%
0.68%	Lindsell Train Limited	3,228,777	US$161.2m	0.03%	0.91%
0.68%	Gardner Russo & Quinn LLC	3,206,798	US$160.1m	-3.3%	1.61%
0.6%	ProShare Advisors LLC	2,817,698	US$140.6m	7.23%	0.41%
0.54%	Macquarie Investment Management Business Trust	2,552,802	US$127.4m	4.37%	0.14%
0.54%	Principal Global Investors, LLC	2,543,938	US$127.0m	376%	0.07%
0.53%	Wells Fargo & Company, Securities and Brokerage Investments	2,496,263	US$124.6m	0.77%	0.04%
0.51%	Legal & General Investment Management Limited	2,396,326	US$119.6m	25.8%	0.02%
0.48%	Northern Trust Global Investments	2,269,701	US$113.3m	-3.11%	0.02%
0.44%	Invesco Capital Management LLC	2,087,890	US$104.2m	-28.8%	0.05%
0.43%	Augusta Holland	2,053,159	US$102.5m	0%	no data
0.41%	Stuart Brown	1,934,165	US$96.5m	-0.07%	no data
0.39%	Norges Bank Investment Management	1,839,057	US$91.8m	-5.33%	0.01%
0.36%	Goldman Sachs Asset Management, L.P.	1,712,615	US$85.5m	3.28%	0.02%
0.36%	Eaton Vance Management	1,706,168	US$85.2m	1.22%	0.02%
0.35%	BNY Mellon Asset Management	1,651,265	US$82.4m	5.79%	0.01%