Broadridge
726 hedge funds and large institutions have $13B invested in Broadridge in 2018 Q3 according to their latest regulatory filings, with 89 funds opening new positions, 209 increasing their positions, 292 reducing their positions, and 38 closing their positions.
134% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 38
86% more call options, than puts
Call options by funds: $37.1M | Put options by funds: $20M
13% more capital invested
Capital invested by funds: $11.5B → $13B (+$1.5B)
7% more funds holding
Funds holding: 681 → 726 (+45)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
0.01% less ownership
Funds ownership: 84.93% → 84.92% (-0.01%)
28% less repeat investments, than reductions
Existing positions increased: 209 | Existing positions reduced: 292
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$105M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$84.4M |
| 3 |
Renaissance Technologies
New York
|
+$66.5M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$60M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$60M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$76M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$73.9M |
| 3 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$57.9M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$57.6M |
| 5 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$48.7M |
BR Hedge Fund Activity: Q3 2018 in Review
726 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Broadridge (BR) for Q3 2018, worth a combined $13B — up 13% from $11.5B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new BR positions and 38 closed out — a net gain of 51 holders — while 209 added to existing stakes and 292 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $105M. The largest seller was Morgan Stanley, cutting an estimated $76M.
- 726 institutional investors held Broadridge (BR) as of Q3 2018, up from 681 in Q2 2018.
- Funds reported $13B of Broadridge stock for Q3 2018, up 13% quarter-over-quarter.
- 89 funds opened new Broadridge positions in Q3 2018 and 38 closed out, a net change of +51 holders.
- The largest Broadridge buyer in Q3 2018 was AQR Capital Management, an estimated $105M added.
- The largest Broadridge seller in Q3 2018 was Morgan Stanley, an estimated $76M sold.
Based on aggregated 13F filings for Q3 2018.