BF.BNYSEBeveragesFiscal year ends April 30Also trades as BF.A
BROWN FORMAN CORP
Financials through Q1 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 2, 2026
$28.22−0.66 (-2.29%)
Close on Oct 19, 2026
- Market cap
- $12.97B
- P/E (TTM)
- 18.2
- Dividend yield
- 3.24%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
199M
Shares held, 13F filers
Institutional holders
593
96 new, 75 sold out
Net institutional buying
-2M
In Q2 2026
Insider trades, 12 months
0 buys · 4 sales
Net sold $1.47M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Brown-Forman Corporation | 31,531,532 | 21.40% | 13D (active) amendment | Oct 6, 2024 |
| Abigail P. Johnson | 22,753,132 | 7.50% | 13G (passive) | Sep 30, 2025 |
| Vanguard Capital Management | 16,213,828 | 5.58% | 13G (passive) | Mar 31, 2026 |
| Wolf Pen Branch GP, LLC | 101,601,480 | 60.30% | 13D (active) amendment | Jun 3, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of BF.B | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Vanguard Capital Management LLC | 14,597,902 | – | $389.03M | −74,426 | 0.01% |
| Vanguard Portfolio Management LLC | 13,396,435 | – | $357.01M | +71,200 | 0.02% |
| FMR LLC | 12,577,525 | – | $335.19M | −201,788 | 0.01% |
| BlackRock, Inc. | 12,159,629 | – | $324.05M | +92,964 | 0.00% |
| Van Eck Associates Corp | 12,095,293 | – | $322.34M | −263,238 | 0.20% |
| State Street Corp | 9,748,553 | – | $262.07M | −246,744 | 0.01% |
| Invesco Ltd. | 8,559,478 | – | $228.11M | −411,580 | 0.02% |
| Goldman Sachs Group Inc | 7,395,364 | – | $197.09M | +985,934 | 0.02% |
| Dimensional Fund Advisors LP | 7,048,225 | – | $187.86M | +2,319,804 | 0.03% |
| ProShare Advisors LLC | 5,658,686 | – | $150.80M | −326,757 | 0.22% |
| Geode Capital Management, LLC | 5,501,201 | – | $146.38M | +46,590 | 0.01% |
| Massachusetts Financial Services Co /Ma/ | 3,530,345 | – | $94.08M | +37,566 | 0.03% |
| Morgan Stanley | 3,470,795 | – | $92.50M | −502,655 | 0.00% |
| Bank of New York Mellon Corp | 2,829,659 | – | $75.41M | −100,897 | 0.01% |
| Equity Investment Corp | 2,590,913 | – | $69.05M | +166,941 | 1.32% |
| Black Creek Investment Management Inc. | 2,457,810 | – | $65.50M | −2,800,296 | 3.68% |
| Bank Of America Corp /De/ | 2,329,276 | – | $62.08M | −1,405,337 | 0.00% |
| Charles Schwab Investment Management Inc | 2,116,924 | – | $56.42M | +8,482 | 0.01% |
| UBS Group AG | 2,105,843 | – | $56.12M | −930,359 | 0.01% |
| Wellington Management Group Llp | 2,045,650 | – | $54.52M | −292,357 | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 593 | 199M | 96 / 186 | 212 / 75 | 21M | 23M |
| Q1 2026 | 580 | 202M | 73 / 181 | 241 / 122 | 58M | 46M |
| Q4 2025 | 641 | 220M | 96 / 204 | 249 / 73 | 24M | 20M |
| Q3 2025 | 627 | 217M | 82 / 213 | 237 / 88 | 38M | 18M |
| Q2 2025 | 640 | 198M | 98 / 243 | 209 / 92 | 40M | 40M |
| Q1 2025 | 642 | 198M | 93 / 263 | 202 / 81 | 31M | 16M |
| Q4 2024 | 636 | 185M | 124 / 193 | 234 / 89 | 19M | 22M |
| Q3 2024 | 612 | 189M | 88 / 245 | 182 / 56 | 40M | 12M |
| Q2 2024 | 586 | 175M | 73 / 207 | 219 / 93 | 26M | 20M |
| Q1 2024 | 612 | 169M | 68 / 184 | 254 / 68 | 12M | 6M |
| Q4 2023 | 616 | 163M | 73 / 219 | 206 / 73 | 15M | 12M |
| Q3 2023 | 623 | 159M | 43 / 191 | 251 / 68 | 12M | 9M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of BF.B | Value | % of fund | As of |
|---|---|---|---|---|---|
| VanEck Morningstar Wide Moat ETF | 10,864,974 | – | $289.55M | 2.49% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 8,869,892 | – | $236.38M | 0.01% | Jun 30, 2026 |
| Invesco S&P 500 Equal Weight ETF | 7,023,513 | – | $201.79M | 0.21% | Jul 31, 2026 |
| Vanguard Small-Cap Index Fund | 6,314,775 | – | $168.29M | 0.09% | Jun 30, 2026 |
| ProShares S&P 500 Dividend Aristocrats ETF | 5,642,719 | – | $145.13M | 1.31% | May 31, 2026 |
| Vanguard 500 Index Fund | 4,361,360 | – | $116.23M | 0.01% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 4,006,238 | – | $106.77M | 0.16% | Jun 30, 2026 |
| MFS Mid Cap Value Fund | 2,527,764 | – | $67.36M | 0.39% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 2,315,927 | – | $61.72M | 0.01% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 2,186,569 | – | $56.24M | 0.01% | May 31, 2026 |
| Strategic Advisers Fidelity U.S. Total Stock Fund | 2,142,403 | – | $55.10M | 0.02% | May 31, 2026 |
| FT Vest S&P 500 Dividend Aristocrats Target Income ETF | 1,838,809 | – | $52.83M | 1.49% | Jul 31, 2026 |
| U.S. Targeted Value Portfolio | 1,801,380 | – | $51.75M | 0.31% | Jul 31, 2026 |
| Fidelity Series Large Cap Stock Fund | 1,791,986 | – | $47.76M | 0.17% | Jun 30, 2026 |
| Dimensional U.S. Targeted Value ETF | 1,617,665 | – | $46.48M | 0.32% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| Lawson E. Whiting | President & CEO, Director | 26,919 | Jul 24, 2026 |
| Christina M. Graven | EVP, Chief Strategy | 2,469 | Jul 24, 2026 |
| Crystal L. Peterson | EVP, Chief Incl/Global Comm | 2,495 | Jul 24, 2026 |
| Yiannis Pafilis | EVP, Pres., EU, Africa, Asia | 780 | Jul 24, 2026 |
| Diane F. Nguyen | EVP, Chief Ppl & Comm | 1,559 | Jul 24, 2026 |
| Michael Andrew Masick | EVP/Pres., Americas | 1,542 | Jul 24, 2026 |
| Timothy M. Nall | EVP, Chief Supp/Tech | 16,975 | Jul 24, 2026 |
| James W. Peters | EVP, Chief Financial Officer | – | Jul 24, 2026 |
| Angela S. Enyard | SVP, Chief Accounting Officer | 1,204 | Jul 24, 2026 |
| Jeremy J. Shepherd | EVP, Chief Marketing | 5,467 | Jul 24, 2026 |
| Michael E. Carr Jr | EVP, General Counsel,Secretary | 1,286 | Jul 24, 2026 |
| Leanne D. Cunningham | EVP, Chief Financial Officer | 10,787 | Jul 25, 2025 |
| Michael Todman | Director | – | Jul 24, 2026 |
| Jan Singer | Director | – | Jul 24, 2026 |
| Michael J. Roney | Director | – | Jul 24, 2026 |
| Elizabeth M. Brown | Director | 700,883 | Jul 24, 2026 |
| Elizabeth A. Smith | Director | – | Jul 24, 2026 |
| Campbell P. Brown | Director | 6,138,306 | Jul 24, 2026 |
| Mark A. Clouse | Director | – | Jul 24, 2026 |
| Marshall Farrer | Director | 29,072 | Jul 24, 2026 |
| Tracy L. Skeans | Director | – | Jul 24, 2026 |
| William Austin Musselman Jr | Director | 10,671,819 | Jul 17, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Timothy M. Nall EVP, Chief Supp/Tech | May 27, 2026 | Award | +3,010 | – | – | 4,115 |
| Timothy M. Nall EVP, Chief Supp/Tech | May 27, 2026 | Tax withholding | −1,065 | $26.72 | $28.46K | 3,050 |
| Marshall Farrer Director | May 27, 2026 | Tax withholding | −2,176 | $26.72 | $58.14K | 4,577 |
| Marshall Farrer Director | May 27, 2026 | Award | +4,518 | – | – | 6,753 |
| Yiannis Pafilis EVP, Pres., EU, Africa, Asia | May 27, 2026 | Award | +272 | – | – | 272 |
| Yiannis Pafilis EVP, Pres., EU, Africa, Asia | May 27, 2026 | Tax withholding | −177 | $25.94 | $4.59K | 508 |
| Yiannis Pafilis EVP, Pres., EU, Africa, Asia | May 27, 2026 | Award | +508 | – | – | 685 |
| Yiannis Pafilis EVP, Pres., EU, Africa, Asia | May 27, 2026 | Tax withholding | −95 | $26.72 | $2.54K | 177 |
| Michael Andrew Masick EVP/Pres., Americas | May 27, 2026 | Tax withholding | −276 | $25.94 | $7.16K | 1,264 |
| Michael Andrew Masick EVP/Pres., Americas | May 27, 2026 | Award | +611 | – | – | 1,540 |
| Crystal L. Peterson EVP, Chief Incl/Global Comm | May 27, 2026 | Tax withholding | −616 | $26.72 | $16.46K | 1,101 |
| Crystal L. Peterson EVP, Chief Incl/Global Comm | May 27, 2026 | Award | +1,367 | – | – | 1,717 |
| Michael E. Carr Jr EVP, General Counsel,Secretary | May 27, 2026 | Award | +611 | – | – | 860 |
| Michael E. Carr Jr EVP, General Counsel,Secretary | May 27, 2026 | Tax withholding | −245 | $25.94 | $6.36K | 615 |
| Diane F. Nguyen EVP, Chief Ppl & Comm | May 27, 2026 | Tax withholding | −597 | $25.94 | $15.49K | 1,039 |
| Diane F. Nguyen EVP, Chief Ppl & Comm | May 27, 2026 | Award | +1,346 | – | – | 1,636 |
| Lawson E. Whiting President & CEO, Director | May 27, 2026 | Tax withholding | −16,494 | $26.72 | $440.72K | 26,913 |
| Lawson E. Whiting President & CEO, Director | May 27, 2026 | Award | +36,389 | – | – | 43,407 |
| Christina M. Graven EVP, Chief Strategy | May 27, 2026 | Award | +1,346 | – | – | 2,469 |
| Christina M. Graven EVP, Chief Strategy | May 27, 2026 | Tax withholding | −607 | $25.94 | $15.75K | 1,862 |
| Jeremy J. Shepherd EVP, Chief Marketing | May 27, 2026 | Tax withholding | −1,357 | $26.72 | $36.26K | 2,210 |
| Jeremy J. Shepherd EVP, Chief Marketing | May 27, 2026 | Award | +3,010 | – | – | 3,567 |
| Angela S. Enyard SVP, Chief Accounting Officer | Apr 30, 2026 | Tax withholding | −307 | $25.77 | $7.91K | 1,204 |
| Angela S. Enyard SVP, Chief Accounting Officer | Apr 30, 2026 | Option exercise | +884 | – | – | 1,511 |
| Lawson E. Whiting President & CEO, Director | Feb 12, 2026 | Sale(10b5-1 plan) | −25,915 | $31.01 | $803.62K | 7,018 |
| Lawson E. Whiting President & CEO, Director | Dec 12, 2025 | Sale(10b5-1 plan) | −8,834 | $31.00 | $273.85K | 32,933 |
| Lawson E. Whiting President & CEO, Director | Dec 4, 2025 | Sale(10b5-1 plan) | −4,785 | $31.00 | $148.34K | 2 |
| Lawson E. Whiting President & CEO, Director | Dec 4, 2025 | Sale(10b5-1 plan) | −7,746 | $31.01 | $240.20K | 41,767 |
| Marshall Farrer Director | Oct 8, 2025 | Gift | −2,720 | – | – | 19,017 |
| Marshall Farrer Director | Oct 8, 2025 | Gift | +1,360 | – | – | 1,360 |
| Marshall Farrer Director | Oct 8, 2025 | Gift | +1,360 | – | – | 1,360 |
| Lawson E. Whiting President & CEO, Director | Jul 23, 2025 | Sale(10b5-1 plan) | −23,641 | $31.00 | $732.87K | 4,787 |
| William Austin Musselman Jr Director | Jul 15, 2025 | Other | +379,650 | – | – | 379,650 |
| William Austin Musselman Jr Director | Jul 15, 2025 | Other | −379,650 | – | – | 770,974 |
| Campbell P. Brown Director | Jul 9, 2025 | Gift | −390,000 | – | – | 180,863 |
| Campbell P. Brown Director | Jul 9, 2025 | Gift | +390,000 | – | – | 390,000 |
| Crystal L. Peterson EVP, Chief Incl/Global Comm | Jun 2, 2025 | Award | +546 | – | – | 546 |
| Crystal L. Peterson EVP, Chief Incl/Global Comm | Jun 2, 2025 | Tax withholding | −196 | $34.61 | $6.78K | 350 |
| Christina M. Graven EVP, Chief Strategy | Jun 2, 2025 | Tax withholding | −198 | $34.84 | $6.90K | 1,123 |
| Christina M. Graven EVP, Chief Strategy | Jun 2, 2025 | Award | +552 | – | – | 1,321 |
| Michael E. Carr Jr EVP, General Counsel,Secretary | Jun 2, 2025 | Tax withholding | −84 | $34.84 | $2.93K | 249 |
| Michael E. Carr Jr EVP, General Counsel,Secretary | Jun 2, 2025 | Award | +225 | – | – | 333 |
| Yiannis Pafilis EVP, Pres., EU, Africa, Asia | Jun 2, 2025 | Tax withholding | −65 | $34.84 | $2.26K | 177 |
| Yiannis Pafilis EVP, Pres., EU, Africa, Asia | Jun 2, 2025 | Award | +164 | – | – | 242 |
| Diane F. Nguyen EVP, Chief Ppl & Comm | Jun 2, 2025 | Award | +552 | – | – | 552 |
| Diane F. Nguyen EVP, Chief Ppl & Comm | Jun 2, 2025 | Tax withholding | −262 | $34.84 | $9.13K | 290 |
| Angela S. Enyard SVP, Chief Accounting Officer | Jun 2, 2025 | Tax withholding | −58 | $34.84 | $2.02K | 627 |
| Angela S. Enyard SVP, Chief Accounting Officer | Jun 2, 2025 | Award | +114 | – | – | 685 |
| Marshall Farrer EVP, Chief Strategic Growth, Director | Jun 2, 2025 | Tax withholding | −430 | $34.61 | $14.88K | 2,235 |
| Marshall Farrer EVP, Chief Strategic Growth, Director | Jun 2, 2025 | Award | +1,092 | – | – | 2,665 |
| Lawson E. Whiting President & CEO, Director | Jun 2, 2025 | Tax withholding | −5,989 | $34.61 | $207.28K | 49,513 |
| Lawson E. Whiting President & CEO, Director | Jun 2, 2025 | Award | +13,004 | – | – | 55,502 |
| Michael Andrew Masick EVP/Pres., Americas | Jun 2, 2025 | Tax withholding | −88 | $34.84 | $3.07K | 884 |
| Michael Andrew Masick EVP/Pres., Americas | Jun 2, 2025 | Award | +286 | – | – | 972 |
| Timothy M. Nall EVP, Chief Supp/Tech | Jun 2, 2025 | Award | +1,016 | – | – | 1,415 |
| Timothy M. Nall EVP, Chief Supp/Tech | Jun 2, 2025 | Tax withholding | −310 | $34.61 | $10.73K | 1,105 |
| Leanne D. Cunningham EVP, Chief Financial Officer | Jun 2, 2025 | Tax withholding | −724 | $34.61 | $25.06K | 2,825 |
| Leanne D. Cunningham EVP, Chief Financial Officer | Jun 2, 2025 | Award | +2,427 | – | – | 3,549 |
| Jeremy J. Shepherd EVP, Chief Marketing | Jun 2, 2025 | Tax withholding | −363 | $34.61 | $12.56K | 557 |
| Jeremy J. Shepherd EVP, Chief Marketing | Jun 2, 2025 | Award | +920 | – | – | 920 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Lawson E. Whiting Officer | Dec 4, 2025 | 4,785 | $148.19K | Dec 4, 2025 | Acquired as equity compensation {RSU/PBRSU} |
| Lawson E. Whiting Officer | Dec 4, 2025 | 42,495 | $1.32M | Dec 4, 2025 | Acquired as equity compensation {RSU/PBRSU} |
| Lawson E. Whiting Officer | Jul 23, 2025 | 28,426 | $881.21K | Jul 23, 2025 | acquired as equity compensation {SSARS} |
| Hawley Kirsten Officer | Jun 22, 2023 | 2,402 | $159.83K | Jun 22, 2023 | SAR Exercise |