Broadridge
853 hedge funds and large institutions have $18.8B invested in Broadridge in 2023 Q3 according to their latest regulatory filings, with 86 funds opening new positions, 290 increasing their positions, 324 reducing their positions, and 38 closing their positions.
126% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 38
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
36% more call options, than puts
Call options by funds: $24.7M | Put options by funds: $18.1M
8% more capital invested
Capital invested by funds: $17.5B → $18.8B (+$1.37B)
4% more funds holding
Funds holding: 817 → 853 (+36)
0.79% less ownership
Funds ownership: 89.75% → 88.96% (-0.79%)
10% less repeat investments, than reductions
Existing positions increased: 290 | Existing positions reduced: 324
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$258M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$67.6M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$33.2M |
| 4 |
Goldman Sachs
New York
|
+$20.8M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$168M |
| 2 |
Millennium Management
New York
|
-$55.8M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$43.7M |
| 4 |
BNP Paribas Asset Management
Paris,
France
|
-$36.5M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$29.6M |
BR Hedge Fund Activity: Q3 2023 in Review
853 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Broadridge (BR) for Q3 2023, worth a combined $18.8B — up 7.8% from $17.5B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new BR positions and 38 closed out — a net gain of 48 holders — while 290 added to existing stakes and 324 trimmed.
The largest buyer was Stifel Financial, adding an estimated $258M. The largest seller was Morgan Stanley, cutting an estimated $168M.
- 853 institutional investors held Broadridge (BR) as of Q3 2023, up from 817 in Q2 2023.
- Funds reported $18.8B of Broadridge stock for Q3 2023, up 7.8% quarter-over-quarter.
- 86 funds opened new Broadridge positions in Q3 2023 and 38 closed out, a net change of +48 holders.
- The largest Broadridge buyer in Q3 2023 was Stifel Financial, an estimated $258M added.
- The largest Broadridge seller in Q3 2023 was Morgan Stanley, an estimated $168M sold.
Based on aggregated 13F filings for Q3 2023.