BROWN FORMAN CORP

Ticker: BF/B CUSIP: 115637209 Class: CL B

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
VANGUARD GROUP INC30,295,444$789,499
FMR LLC25,653,042$668,518
BlackRock, Inc.14,512,009$378,183
VAN ECK ASSOCIATES CORP11,694,296$305
STATE STREET CORP11,272,768$296,331
Invesco Ltd.6,547,891$170,638
ProShare Advisors LLC5,676,331$147,925
MORGAN STANLEY5,402,889$140,799
GEODE CAPITAL MANAGEMENT, LLC5,390,455$140,002
Black Creek Investment Management Inc.5,087,952$132,592
CHARLES SCHWAB INVESTMENT MANAGEMENT INC5,061,695$131,908
GOLDMAN SACHS GROUP INC5,023,765$130,919
UBS Group AG4,467,613$116,426
D. E. Shaw & Co., Inc.3,202,558$83,459
Bank of New York Mellon Corp2,967,104$77,323
BANK OF AMERICA CORP /DE/2,881,371$75,089
EQUITY INVESTMENT CORP2,784,396$72,561
WELLS FARGO & COMPANY/MN2,579,803$67,230
WELLINGTON MANAGEMENT GROUP LLP2,530,933$65,956
MASSACHUSETTS FINANCIAL SERVICES CO /MA/2,340,772$61,001
UBS ASSET MANAGEMENT AMERICAS INC2,280,022$59,417
DIMENSIONAL FUND ADVISORS LP2,076,629$54,123
NORTHERN TRUST CORP2,032,927$52,978
CITIGROUP INC1,782,870$46,462
CBOE Vest Financial, LLC1,756,041$45,762
NORGES BANK1,688,089$43,992
Lindsell Train Ltd1,649,764$42,993
Alecta Tjanstepension Omsesidigt1,600,000$41,712
DEUTSCHE BANK AG\1,570,120$40,917
J. Safra Sarasin Holding AG1,522,335$39,672
NOMURA ASSET MANAGEMENT CO LTD1,357,921$35,387
Grantham, Mayo, Van Otterloo & Co. LLC1,339,731$34,913
JPMORGAN CHASE & CO1,339,356$34,904
CONFLUENCE INVESTMENT MANAGEMENT LLC1,194,806$31,137
LONDON CO OF VIRGINIA1,181,778$30,797
THOMPSON SIEGEL & WALMSLEY LLC1,168,055$30
OLD REPUBLIC INTERNATIONAL CORP906,300$24
Legal & General Group Plc895,454$23,336
EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC865,461$23
KAMES CAPITAL plc732,913$19,107
J. Stern & Co. LLP715,503$716
GARDNER RUSSO & QUINN LLC708,179$18,455
Amundi661,636$17,242
VICTORY CAPITAL MANAGEMENT INC644,677$16,800
Cerity Partners LLC605,927$15,790
Glenview Trust co575,122$14,988
ENVESTNET ASSET MANAGEMENT INC563,209$14,677
PNC Financial Services Group, Inc.552,174$14,390
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.534,626$13,975
Ceredex Value Advisors LLC520,627$13,568
MATHER GROUP, LLC.520,393$13,561
Sumitomo Mitsui Trust Holdings, Inc.516,732$13,466
FIRST TRUST ADVISORS LP497,280$12,959
Swiss National Bank496,318$12,934
ROYAL BANK OF CANADA491,351$12,805
MARKEL GROUP INC.474,187$12,357
BARCLAYS PLC454,349$11,840
RAYMOND JAMES FINANCIAL INC438,575$11,429
RHUMBLINE ADVISERS437,289$11,396
RBO & CO LLC431,380$11,242
AMIRAL GESTION409,664$10,676
GRACE & WHITE INC /NY404,948$10,553
Nuveen, LLC390,190$10,168
BNP PARIBAS ARBITRAGE, SA366,446$9,550
STIFEL FINANCIAL CORP362,574$9,449
CITADEL ADVISORS LLC352,681$9,191
LAZARD ASSET MANAGEMENT LLC352,133$9,177
STATE OF WISCONSIN INVESTMENT BOARD350,497$9,134
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM336,294$8,764
Point72 Asset Management, L.P.334,904$8,728
HSBC HOLDINGS PLC329,735$8,601
ICICI Prudential Asset Management Co Ltd326,600$8,511
Mariner, LLC323,658$8,435
BANK OF MONTREAL /CAN/311,538$8,119
PRICE T ROWE ASSOCIATES INC /MD/311,169$8
Quantinno Capital Management LP295,015$7,688
Morningstar Investment Management LLC291,238$8
Baird Financial Group, Inc.283,295$7,383
MATTERN CAPITAL MANAGEMENT, LLC265,715$6,925
AQR CAPITAL MANAGEMENT LLC261,332$6,810
Janney Montgomery Scott LLC258,733$7
Sather Financial Group Inc248,407$6,473
PRINCIPAL FINANCIAL GROUP INC235,847$6,146
Aquatic Capital Management LLC226,682$5,907
GUGGENHEIM CAPITAL LLC220,086$5,735
Gotham Asset Management, LLC215,586$5,618
XTX Topco Ltd210,755$5,492
ALLIANCEBERNSTEIN L.P.207,614$5,410
Douglass Winthrop Advisors, LLC195,448$5,093
YOUSIF CAPITAL MANAGEMENT, LLC194,477$5,288
SPRUCEGROVE INVESTMENT MANAGEMENT LTD193,120$5,033
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM192,081$5,006
BANYAN CAPITAL MANAGEMENT, INC.192,014$5,004
AVIVA PLC189,259$4,932
RK Asset Management, LLC185,768$5
Black Cypress Capital Management, LLC185,022$4,822
BENJAMIN EDWARDS INC181,093$4,719
Moran Wealth Management, LLC176,436$4,598
WORLDQUANT MILLENNIUM ADVISORS LLC175,902$4,584
Russell Investments Group, Ltd.172,055$4,511
528 other institutions14,054,110$325,807
Total (628 institutions)219,923,314$5,267,006