Broadridge
520 hedge funds and large institutions have $7.96B invested in Broadridge in 2017 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 171 increasing their positions, 196 reducing their positions, and 32 closing their positions.
56% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 32
7% more capital invested
Capital invested by funds: $7.44B → $7.96B (+$522M)
2% more funds holding
Funds holding: 509 → 520 (+11)
7% more call options, than puts
Call options by funds: $3.66M | Put options by funds: $3.42M
0.83% more ownership
Funds ownership: 83.8% → 84.63% (+0.83%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
13% less repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 196
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$71.7M |
| 2 |
Renaissance Technologies
New York
|
+$33.8M |
| 3 |
IGM
Incline Global Management
New York
|
+$33.4M |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$29.9M |
| 5 |
ACM
Alta Capital Management
Salt Lake City,
Utah
|
+$20M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$34.3M |
| 2 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$29.1M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$25.6M |
| 4 |
Janus Henderson Group
London,
|
-$23.2M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
-$19.7M |
BR Hedge Fund Activity: Q3 2017 in Review
520 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Broadridge (BR) for Q3 2017, worth a combined $7.96B — up 7% from $7.44B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new BR positions and 32 closed out — a net gain of 18 holders — while 171 added to existing stakes and 196 trimmed.
The largest buyer was BlackRock, adding an estimated $71.7M. The largest seller was Vaughan Nelson Investment Management, cutting an estimated $34.3M.
- 520 institutional investors held Broadridge (BR) as of Q3 2017, up from 509 in Q2 2017.
- Funds reported $7.96B of Broadridge stock for Q3 2017, up 7% quarter-over-quarter.
- 50 funds opened new Broadridge positions in Q3 2017 and 32 closed out, a net change of +18 holders.
- The largest Broadridge buyer in Q3 2017 was BlackRock, an estimated $71.7M added.
- The largest Broadridge seller in Q3 2017 was Vaughan Nelson Investment Management, an estimated $34.3M sold.
Based on aggregated 13F filings for Q3 2017.