Broadridge
817 hedge funds and large institutions have $17.5B invested in Broadridge in 2023 Q2 according to their latest regulatory filings, with 82 funds opening new positions, 300 increasing their positions, 266 reducing their positions, and 51 closing their positions.
61% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 51
13% more capital invested
Capital invested by funds: $15.4B → $17.5B (+$2.05B)
13% more repeat investments, than reductions
Existing positions increased: 300 | Existing positions reduced: 266
3% more funds holding
Funds holding: 791 → 817 (+26)
0.09% more ownership
Funds ownership: 89.65% → 89.75% (+0.09%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
78% less call options, than puts
Call options by funds: $21M | Put options by funds: $94.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$143M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$125M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$75.2M |
| 4 |
Select Equity Group
New York
|
+$34.5M |
| 5 |
PFM
Premier Fund Managers
Guildford,
United Kingdom
|
+$25.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$120M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$58.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$38.4M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$33.8M |
| 5 |
IIM
INTECH Investment Management
West Palm Beach,
Florida
|
-$30.4M |
BR Hedge Fund Activity: Q2 2023 in Review
817 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Broadridge (BR) for Q2 2023, worth a combined $17.5B — up 13% from $15.4B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new BR positions and 51 closed out — a net gain of 31 holders — while 300 added to existing stakes and 266 trimmed.
The largest buyer was Capital International Investors, adding an estimated $143M. The largest seller was BlackRock, cutting an estimated $120M.
- 817 institutional investors held Broadridge (BR) as of Q2 2023, up from 791 in Q1 2023.
- Funds reported $17.5B of Broadridge stock for Q2 2023, up 13% quarter-over-quarter.
- 82 funds opened new Broadridge positions in Q2 2023 and 51 closed out, a net change of +31 holders.
- The largest Broadridge buyer in Q2 2023 was Capital International Investors, an estimated $143M added.
- The largest Broadridge seller in Q2 2023 was BlackRock, an estimated $120M sold.
Based on aggregated 13F filings for Q2 2023.