Broadridge
939 hedge funds and large institutions have $21.5B invested in Broadridge in 2024 Q1 according to their latest regulatory filings, with 93 funds opening new positions, 367 increasing their positions, 327 reducing their positions, and 63 closing their positions.
48% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 63
12% more repeat investments, than reductions
Existing positions increased: 367 | Existing positions reduced: 327
2% more funds holding
Funds holding: 918 → 939 (+21)
6.12% less ownership
Funds ownership: 95.77% → 89.64% (-6.1%)
7% less capital invested
Capital invested by funds: $23.1B → $21.5B (-$1.53B)
33% less funds holding in top 10
Funds holding in top 10: 12 → 8 (-4)
55% less call options, than puts
Call options by funds: $13.5M | Put options by funds: $30.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$64.8M |
| 2 |
JP Morgan Chase
New York
|
+$60.9M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$56.4M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$51.3M |
| 5 |
Goldman Sachs
New York
|
+$34.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.28B |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$577M |
| 3 |
Parnassus Investments
San Francisco,
California
|
-$51.1M |
| 4 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$33.4M |
| 5 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
-$23.6M |
BR Hedge Fund Activity: Q1 2024 in Review
939 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Broadridge (BR) for Q1 2024, worth a combined $21.5B — down 6.7% from $23.1B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new BR positions and 63 closed out — a net gain of 30 holders — while 367 added to existing stakes and 327 trimmed.
The largest buyer was Invesco, adding an estimated $64.8M. The largest seller was Morgan Stanley, cutting an estimated $1.28B.
- 939 institutional investors held Broadridge (BR) as of Q1 2024, up from 918 in Q4 2023.
- Funds reported $21.5B of Broadridge stock for Q1 2024, down 6.7% quarter-over-quarter.
- 93 funds opened new Broadridge positions in Q1 2024 and 63 closed out, a net change of +30 holders.
- The largest Broadridge buyer in Q1 2024 was Invesco, an estimated $64.8M added.
- The largest Broadridge seller in Q1 2024 was Morgan Stanley, an estimated $1.28B sold.
Based on aggregated 13F filings for Q1 2024.