Broadridge
691 hedge funds and large institutions have $12.5B invested in Broadridge in 2019 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 201 increasing their positions, 266 reducing their positions, and 69 closing their positions.
261% more call options, than puts
Call options by funds: $16.2M | Put options by funds: $4.49M
1% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 69
0% more funds holding
Funds holding: 690 → 691 (+1)
0.87% less ownership
Funds ownership: 88.53% → 87.66% (-0.87%)
11% less capital invested
Capital invested by funds: $14.1B → $12.5B (-$1.61B)
24% less repeat investments, than reductions
Existing positions increased: 201 | Existing positions reduced: 266
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$234M |
| 2 |
JCM
Junto Capital Management
New York
|
+$55.4M |
| 3 |
JIM
Jensen Investment Management
Lake Oswego,
Oregon
|
+$41.7M |
| 4 |
Fayez Sarofim & Co
Houston,
Texas
|
+$35.7M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$32.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
-$185M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$165M |
| 3 |
UIM
USS Investment Management
London,
United Kingdom
|
-$87.3M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$81.6M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
-$58.1M |
BR Hedge Fund Activity: Q3 2019 in Review
691 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Broadridge (BR) for Q3 2019, worth a combined $12.5B — down 11% from $14.1B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new BR positions and 69 closed out — a net gain of 1 holder — while 201 added to existing stakes and 266 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $234M. The largest seller was VOYA Investment Management, cutting an estimated $185M.
- 691 institutional investors held Broadridge (BR) as of Q3 2019, up from 690 in Q2 2019.
- Funds reported $12.5B of Broadridge stock for Q3 2019, down 11% quarter-over-quarter.
- 70 funds opened new Broadridge positions in Q3 2019 and 69 closed out, a net change of +1 holder.
- The largest Broadridge buyer in Q3 2019 was Baillie Gifford & Co, an estimated $234M added.
- The largest Broadridge seller in Q3 2019 was VOYA Investment Management, an estimated $185M sold.
Based on aggregated 13F filings for Q3 2019.