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Brown-Forman Corp

BF-B

Brown-Forman Corp

Brown-Forman Corp historical holders

total: 5

Fundsmith Brown-Forman Corp transactions over time

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
Terry Smith has been an institutional investor in Brown-Forman Corp (BF-B) since 2019 Q3. According to 2026 Q1 report, Terry Smith doesn't hold any shares. The fund/company first acquired BF-B in 2019 Q3, initially purchasing about 9.24M shares. Since the initial investment, Fundsmith has made 22 more transactions in this position.

When did Terry Smith exit their BF-B position?

Terry Smith no longer holds Brown-Forman Corp (BF-B). They sold off their entire position in 2025 Q2, closing out an investment that began in 2019 Q3.

When did Terry Smith first invest in 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, acquiring 9,243,186 shares in their initial purchase.

What is Terry Smith's average cost basis for BF-B?

Based on historical transaction data, Terry Smith's estimated cost basis for Brown-Forman Corp (BF-B) is approximately $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

BF-B transactions history by Fundsmith

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.
* 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.