Wallace Weitz’s Brown & Brown BRO Stock Holding History

Wallace Weitz’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
2016 Q4	–	Sell	-160,000	Closed	-$3.02M	–	87
2016 Q3	$3.02M	Sell	160,000 -140,000	-47%	-$2.59M	0.11%	56
2016 Q2	$5.62M	Sell	300,000 -1,405,486	-82%	-$25M	0.21%	55
2016 Q1	$30.5M	Sell	1,705,486 -391,234	-19%	-$6.28M	1.07%	31
2015 Q4	$33.7M	Sell	2,096,720 -136,736	-6%	-$2.19M	1.15%	33
2015 Q3	$34.6M	Buy	2,233,456 +33,098	+2%	+$543K	1.07%	34
2015 Q2	$36.2M	Buy	2,200,358 +41,840	+2%	+$684K	1.01%	34
2015 Q1	$35.7M	Buy	2,158,518 +42,890	+2%	+$692K	0.96%	38
2014 Q4	$34.8M	Buy	2,115,628 +20,736	+1%	+$333K	0.97%	35
2014 Q3	$33.7M	Sell	2,094,892 -50,682	-2%	-$802K	0.99%	31
2014 Q2	$32.9M	Buy	2,145,574 +61,854	+3%	+$930K	0.99%	30
2014 Q1	$32M	Buy	2,083,720 +1,030,284	+98%	+$15.8M	1.02%	27
2013 Q4	$16.5M	Buy	1,053,436 +332,442	+46%	+$5.27M	0.55%	41
2013 Q3	$11.6M	Buy	720,994 +100,994	+16%	+$1.65M	0.44%	43
2013 Q2	$9.99M	Buy	+620,000	New	+$9.81M	0.4%	44

Other funds holding BRO

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

First Eagle Investment Management New York $59.9B AUM 27.01% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.14% 1-Year Est. Return

FPP

Findlay Park Partners London, United Kingdom $7.41B AUM 26.32% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $204B AUM 27.99% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.26% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Wallace Weitz's BRO Position: Q4 2016 in Review

Wallace Weitz sold out of Brown & Brown (BRO) in Q4 2016, closing a stake of 160,000 shares — an estimated $3.02M sold.

Wallace Weitz first reported a position in BRO in Q2 2013 and held it in 14 quarters. The position peaked at $36.2M in Q2 2015. 271 funds tracked by Wall St. Rank hold BRO as of Q4 2016.

Wallace Weitz reported no remaining Brown & Brown position as of Q4 2016 after selling out during the quarter.
Wallace Weitz sold 160,000 Brown & Brown shares in Q4 2016, an estimated $3.02M.
Wallace Weitz first reported a position in Brown & Brown in Q2 2013 and held it in 14 quarters.
Wallace Weitz's Brown & Brown position peaked at $36.2M in Q2 2015.
271 funds tracked by Wall St. Rank held Brown & Brown as of Q4 2016.

Based on Weitz Investment Management's 13F filing for Q4 2016, filed 14 Feb 2017.