Fundsmith BF-B trades
Terry Smith
Terry Smith Brown-Forman Corp stake
total: 91
Trades details
- Total transactions:
- 23
- New positions:
- 1
- Sold out:
- 1
- Added:
- 12
- Reduced:
- 9
- Held since:
- 2019 Q3
- Held for:
- 23 quarters
- Latest activity:
- 2025 Q2
According to 2026 Q2 report, Terry Smith doesn't hold any Brown-Forman Corp (BF-B) shares. To date, the estimated cost basis is nearly $65.87 for "buy" trades and estimated average "sell" price is $44.13. Fundsmith first purchased BF-B in 2019 Q3, initially acquiring about 9.24M shares. Since the initial investment in Brown-Forman Corp (BF-B), Fundsmith has made 22 more transactions.
When did Terry Smith sell Brown-Forman Corp (BF-B)?
Terry Smith sold off the entire Brown-Forman Corp (BF-B) position in 2025 Q2.
When did Terry Smith buy Brown-Forman Corp (BF-B)?
Terry Smith first invested in Brown-Forman Corp (BF-B) in 2019 Q3 at the reported quarter-end price of $62.78 per share.
What's the cost basis of Fundsmith's BF-B stake?
The estimated cost basis for Brown-Forman Corp (BF-B) stake is around $65.87 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $65.87
- Weighted AVG sell price:
- $44.13
Terry Smith's historical trades in Brown-Forman Corp
23 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2025 Q2
|
0.00%
|
0
|
$33.94
|
|
-100% (-9,637,881)
|
-1.49%
|
|
2024 Q4
|
1.56%
|
9,637,881
|
$37.98
|
$366,046,720
|
-3.72% (-372,626)
|
-0.06%
|
|
2024 Q3
|
1.95%
|
10,010,507
|
$49.20
|
$492,516,944
|
-10.13% (-1,128,244)
|
-0.23%
|
|
2024 Q2
|
1.96%
|
11,138,751
|
$43.19
|
$481,082,656
|
-2.79% (-320,029)
|
-0.05%
|
|
2024 Q1
|
2.32%
|
11,458,780
|
$51.62
|
$591,502,224
|
-1.66% (-193,926)
|
-0.04%
|
|
2023 Q4
|
2.79%
|
11,652,706
|
$57.10
|
$665,369,513
|
-3.59% (-433,465)
|
-0.11%
|
|
2023 Q3
|
3.17%
|
12,086,171
|
$57.69
|
$697,251,205
|
-0.90% (-109,346)
|
-0.03%
|
|
2023 Q2
|
3.42%
|
12,195,517
|
$66.78
|
$814,416,625
|
-0.28% (-34,531)
|
-0.01%
|
|
2023 Q1
|
3.39%
|
12,230,048
|
$64.27
|
$786,025,185
|
+0.69% (+83,252)
|
+0.02%
|
|
2022 Q4
|
3.64%
|
12,146,796
|
$65.68
|
$797,801,561
|
-0.65% (-79,544)
|
-0.02%
|
|
2022 Q3
|
3.86%
|
$66.57
|
+0.11% (+13,209)
|
|||
|
2022 Q2
|
3.78%
|
$70.16
|
+3.64% (+429,127)
|
|||
|
2022 Q1
|
2.71%
|
$67.02
|
-23.74% (-3,669,290)
|
|||
|
2021 Q4
|
2.75%
|
$72.86
|
+7.15% (+1,030,683)
|
|||
|
2021 Q3
|
2.67%
|
$67.01
|
+14.50% (+1,826,621)
|
|||
|
2021 Q2
|
2.62%
|
$74.94
|
+12.15% (+1,364,294)
|
|||
|
2021 Q1
|
2.46%
|
$68.97
|
+9.52% (+975,848)
|
|||
|
2020 Q4
|
2.70%
|
$79.43
|
+0.02% (+2,103)
|
|||
|
2020 Q3
|
3.02%
|
$75.32
|
+3.94% (+388,904)
|
|||
|
2020 Q2
|
2.74%
|
$63.66
|
+0.21% (+20,210)
|
|||
|
2020 Q1
|
3.08%
|
$55.51
|
+2.22% (+214,024)
|
|||
|
2019 Q4
|
3.08%
|
$67.60
|
+4.19% (+387,421)
|
|||
|
2019 Q3
|
2.97%
|
$62.78
|
new
|
|||
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.