Broadridge
741 hedge funds and large institutions have $13.1B invested in Broadridge in 2020 Q3 according to their latest regulatory filings, with 76 funds opening new positions, 246 increasing their positions, 280 reducing their positions, and 47 closing their positions.
73% more call options, than puts
Call options by funds: $18.3M | Put options by funds: $10.6M
62% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 47
3% more funds holding
Funds holding: 717 → 741 (+24)
4% more capital invested
Capital invested by funds: $12.7B → $13.1B (+$456M)
1.02% less ownership
Funds ownership: 87.46% → 86.44% (-1%)
12% less repeat investments, than reductions
Existing positions increased: 246 | Existing positions reduced: 280
27% less funds holding in top 10
Funds holding in top 10: 15 → 11 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$35.2M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
+$29.2M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$27.8M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$25.5M |
| 5 |
HPC
HM Payson & Co
Portland,
Maine
|
+$22.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$62.6M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$42.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$37.1M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$37.1M |
| 5 |
BlackRock
New York
|
-$35.3M |
BR Hedge Fund Activity: Q3 2020 in Review
741 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Broadridge (BR) for Q3 2020, worth a combined $13.1B — up 3.6% from $12.7B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new BR positions and 47 closed out — a net gain of 29 holders — while 246 added to existing stakes and 280 trimmed.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $35.2M. The largest seller was Ceredex Value Advisors, exiting entirely with an estimated $62.6M sold.
- 741 institutional investors held Broadridge (BR) as of Q3 2020, up from 717 in Q2 2020.
- Funds reported $13.1B of Broadridge stock for Q3 2020, up 3.6% quarter-over-quarter.
- 76 funds opened new Broadridge positions in Q3 2020 and 47 closed out, a net change of +29 holders.
- The largest Broadridge buyer in Q3 2020 was Renaissance Technologies, an estimated $35.2M added.
- The largest Broadridge seller in Q3 2020 was Ceredex Value Advisors, an estimated $62.6M sold.
Based on aggregated 13F filings for Q3 2020.