Broadridge
628 hedge funds and large institutions have $11.1B invested in Broadridge in 2018 Q1 according to their latest regulatory filings, with 86 funds opening new positions, 181 increasing their positions, 245 reducing their positions, and 54 closing their positions.
59% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 54
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
24% more capital invested
Capital invested by funds: $8.94B → $11.1B (+$2.18B)
4% more funds holding
Funds holding: 602 → 628 (+26)
2.35% more ownership
Funds ownership: 84.76% → 87.11% (+2.4%)
20% less call options, than puts
Call options by funds: $13.5M | Put options by funds: $16.9M
26% less repeat investments, than reductions
Existing positions increased: 181 | Existing positions reduced: 245
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$158M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
+$89.5M |
| 3 |
Morgan Stanley
New York
|
+$66.9M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$64.3M |
| 5 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$47.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$54.6M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$47.4M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$44.8M |
| 4 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$33.5M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$22.1M |
BR Hedge Fund Activity: Q1 2018 in Review
628 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Broadridge (BR) for Q1 2018, worth a combined $11.1B — up 24% from $8.94B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new BR positions and 54 closed out — a net gain of 32 holders — while 181 added to existing stakes and 245 trimmed.
The largest buyer was Vanguard Group, adding an estimated $158M. The largest seller was Renaissance Technologies, cutting an estimated $54.6M.
- 628 institutional investors held Broadridge (BR) as of Q1 2018, up from 602 in Q4 2017.
- Funds reported $11.1B of Broadridge stock for Q1 2018, up 24% quarter-over-quarter.
- 86 funds opened new Broadridge positions in Q1 2018 and 54 closed out, a net change of +32 holders.
- The largest Broadridge buyer in Q1 2018 was Vanguard Group, an estimated $158M added.
- The largest Broadridge seller in Q1 2018 was Renaissance Technologies, an estimated $54.6M sold.
Based on aggregated 13F filings for Q1 2018.