5 Best Wine Stocks to Buy Now

2. Brown-Forman Corporation (NYSE:BF-B)

Number of Hedge Fund Holders: 36  

Brown-Forman Corporation (NYSE:BF-B) manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. In early December, Brown-Forman Corp (NYSE:BF-B) posted earnings for the second fiscal quarter, reporting earnings per share of $0.50, in line with market expectations. The revenue over the period was $1.1 billion, up slightly compared to the revenue over the same period in the preceding year. 

Among the hedge funds being tracked by Insider Monkey, London-based investment firm Fundsmith LLP is a leading shareholder in Brown-Forman Corporation (NYSE:BF-B) with 12 million shares worth more than $697 million.