SCHEDULE 13G: FMR LLC, Abigail Johnson Disclose 7.5% Stake in Brown-Forman
Beneficial Ownership Report
FMR LLC and Abigail P. Johnson have reported a beneficial ownership of 7.5% of Brown-Forman Corp's Class B Common Stock as of September 30, 2025.
Summary
- FMR LLC and Abigail P. Johnson have filed a Schedule 13G, reporting beneficial ownership of 22,753,131.91 shares of Brown-Forman Corp's Class B Common Stock.
- This ownership represents 7.5% of the total outstanding Class B Common Stock.
- The event requiring this filing, indicating the crossing of an ownership threshold, occurred on September 30, 2025.
- FMR LLC, classified as a parent holding company, holds sole voting power over 12,822,270.35 shares and sole dispositive power over 22,753,131.91 shares.
- Abigail P. Johnson, as an individual, is deemed to beneficially own the same 22,753,131.91 shares due to her role as Director, Chairman, and CEO of FMR LLC and the Johnson family's controlling interest in FMR LLC.
- The reporting persons certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Brown-Forman Corp.
Sentiment
Score: 5
Explanation: This is a neutral, factual disclosure of beneficial ownership, not containing positive or negative performance indicators or forward-looking statements from the issuer.
Future Outlook
NA
Management Comments
- The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11.
Industry Context
NA
Stakeholder Impact
- Shareholders of Brown-Forman Corp: The disclosure of a significant institutional stake (7.5%) by FMR LLC and Abigail P. Johnson indicates a notable investor presence. While the filing explicitly states no intent to influence control, a substantial ownership position can still be perceived as a vote of confidence or a potential factor in future corporate dynamics.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC. |
| 2023-01-10 | Date of Schedule 13G filing by FMR LLC where Power of Attorney was incorporated by reference. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2023-01-31 | Date of Schedule 13G filing by FMR LLC where Abigail P. Johnson's Power of Attorney was incorporated by reference. |
| 2025-09-30 | Date of event which required the filing of this statement (ownership threshold crossed). |
| 2025-11-04 | Date of filing of this Schedule 13G. |
Keywords
Brown-Forman Corp, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Class B Common Stock, Institutional Investor, SEC Filing, Equity Stake
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