Broadridge
791 hedge funds and large institutions have $15.4B invested in Broadridge in 2023 Q1 according to their latest regulatory filings, with 87 funds opening new positions, 297 increasing their positions, 252 reducing their positions, and 69 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
26% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 69
18% more repeat investments, than reductions
Existing positions increased: 297 | Existing positions reduced: 252
12% more capital invested
Capital invested by funds: $13.8B → $15.4B (+$1.67B)
1.47% more ownership
Funds ownership: 88.18% → 89.65% (+1.5%)
1% more funds holding
Funds holding: 785 → 791 (+6)
20% less call options, than puts
Call options by funds: $6.37M | Put options by funds: $7.94M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$396M |
| 2 |
Millennium Management
New York
|
+$50.9M |
| 3 |
Fayez Sarofim & Co
Houston,
Texas
|
+$36.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$34.8M |
| 5 |
Select Equity Group
New York
|
+$33.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$102M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$63M |
| 3 |
Morgan Stanley
New York
|
-$38.4M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$35.2M |
| 5 |
BlackRock
New York
|
-$31.3M |
BR Hedge Fund Activity: Q1 2023 in Review
791 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Broadridge (BR) for Q1 2023, worth a combined $15.4B — up 12% from $13.8B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new BR positions and 69 closed out — a net gain of 18 holders — while 297 added to existing stakes and 252 trimmed.
The largest buyer was Capital International Investors, opening a new position worth an estimated $396M. The largest seller was TD Asset Management, cutting an estimated $102M.
- 791 institutional investors held Broadridge (BR) as of Q1 2023, up from 785 in Q4 2022.
- Funds reported $15.4B of Broadridge stock for Q1 2023, up 12% quarter-over-quarter.
- 87 funds opened new Broadridge positions in Q1 2023 and 69 closed out, a net change of +18 holders.
- The largest Broadridge buyer in Q1 2023 was Capital International Investors, an estimated $396M added.
- The largest Broadridge seller in Q1 2023 was TD Asset Management, an estimated $102M sold.
Based on aggregated 13F filings for Q1 2023.