Broadridge
718 hedge funds and large institutions have $12.7B invested in Broadridge in 2020 Q2 according to their latest regulatory filings, with 81 funds opening new positions, 250 increasing their positions, 262 reducing their positions, and 55 closing their positions.
47% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 55
35% more capital invested
Capital invested by funds: $9.35B → $12.7B (+$3.31B)
25% more funds holding in top 10
Funds holding in top 10: 12 → 15 (+3)
3% more funds holding
Funds holding: 697 → 718 (+21)
1% more ownership
Funds ownership: 86.4% → 87.4% (+1%)
5% less repeat investments, than reductions
Existing positions increased: 250 | Existing positions reduced: 262
59% less call options, than puts
Call options by funds: $32.1M | Put options by funds: $77.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$328M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$80.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$67.1M |
| 4 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
+$38.5M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$26.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Junto Capital Management
New York
|
-$69.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$58M |
| 3 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
-$57.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$56.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$49.8M |
BR Hedge Fund Activity: Q2 2020 in Review
718 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Broadridge (BR) for Q2 2020, worth a combined $12.7B — up 35% from $9.35B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new BR positions and 55 closed out — a net gain of 26 holders — while 250 added to existing stakes and 262 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $328M. The largest seller was Junto Capital Management, exiting entirely with an estimated $69.4M sold.
- 718 institutional investors held Broadridge (BR) as of Q2 2020, up from 697 in Q1 2020.
- Funds reported $12.7B of Broadridge stock for Q2 2020, up 35% quarter-over-quarter.
- 81 funds opened new Broadridge positions in Q2 2020 and 55 closed out, a net change of +26 holders.
- The largest Broadridge buyer in Q2 2020 was T. Rowe Price Associates, an estimated $328M added.
- The largest Broadridge seller in Q2 2020 was Junto Capital Management, an estimated $69.4M sold.
Based on aggregated 13F filings for Q2 2020.