Findlay Park Partners’s Brown & Brown BRO Stock Holding History

Findlay Park Partners’s Portfolio BRO Stock Details BRO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-2,542,590	Closed	-$65.4M	–	58
2017 Q4	$65.4M	Sell	2,542,590 -4,000,000	-61%	-$100M	0.62%	48
2017 Q3	$158M	Hold	6,542,590	–	–	1.56%	25
2017 Q2	$141M	Sell	6,542,590 -1,800,000	-22%	-$38.6M	1.44%	28
2017 Q1	$174M	Hold	8,342,590	–	–	1.85%	22
2016 Q4	$187M	Hold	8,342,590	–	–	2.28%	17
2016 Q3	$157M	Hold	8,342,590	–	–	1.82%	26
2016 Q2	$156M	Buy	8,342,590 +276,518	+3%	+$4.91M	1.79%	24
2016 Q1	$144M	Buy	8,066,072 +3,423,482	+74%	+$55M	1.64%	25
2015 Q4	$74.5M	Sell	4,642,590 -1,380,000	-23%	-$22.1M	0.85%	44
2015 Q3	$93.3M	Sell	6,022,590 -1,590,000	-21%	-$26.1M	1.04%	35
2015 Q2	$125M	Hold	7,612,590	–	–	1.28%	28
2015 Q1	$126M	Sell	7,612,590 -98,862	-1%	-$1.6M	1.31%	27
2014 Q4	$127M	Buy	7,711,452 +1,824,000	+31%	+$29.3M	1.36%	23
2014 Q3	$94.6M	Sell	5,887,452 -41,142	-0.7%	-$651K	1.01%	40
2014 Q2	$91M	Sell	5,928,594 -923,642	-13%	-$13.9M	0.95%	42
2014 Q1	$105M	Sell	6,852,236 -1,638,000	-19%	-$25.2M	1.19%	26
2013 Q4	$133M	Buy	8,490,236 +390,000	+5%	+$6.18M	1.48%	17
2013 Q3	$130M	Buy	8,100,236 +1,868,830	+30%	+$30.5M	1.59%	13
2013 Q2	$100M	Buy	+6,231,406	New	+$98.6M	1.28%	21

Other funds holding BRO

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

First Eagle Investment Management New York $59B AUM 32.99% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

Victory Capital Management San Antonio, Texas $156B AUM 27.51% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

CCP

Clarkston Capital Partners Rochester, Michigan $1.31B AUM 3.79% 1-Year Est. Return

Findlay Park Partners's BRO Position: Q1 2018 in Review

Findlay Park Partners sold out of Brown & Brown (BRO) in Q1 2018, closing a stake of 2,542,590 shares — an estimated $65.4M sold.

Findlay Park Partners first reported a position in BRO in Q2 2013 and held it in 19 quarters. The position peaked at $187M in Q4 2016. 319 funds tracked by Wall St. Rank hold BRO as of Q1 2018.

Findlay Park Partners reported no remaining Brown & Brown position as of Q1 2018 after selling out during the quarter.
Findlay Park Partners sold 2,542,590 Brown & Brown shares in Q1 2018, an estimated $65.4M.
Findlay Park Partners first reported a position in Brown & Brown in Q2 2013 and held it in 19 quarters.
Findlay Park Partners's Brown & Brown position peaked at $187M in Q4 2016.
319 funds tracked by Wall St. Rank held Brown & Brown as of Q1 2018.

Based on Findlay Park Partners's 13F filing for Q1 2018, filed 9 May 2018.