Broadridge
919 hedge funds and large institutions have $21.8B invested in Broadridge in 2023 Q4 according to their latest regulatory filings, with 129 funds opening new positions, 291 increasing their positions, 352 reducing their positions, and 50 closing their positions.
158% more first-time investments, than exits
New positions opened: 129 | Existing positions closed: 50
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
16% more capital invested
Capital invested by funds: $18.8B → $21.8B (+$2.96B)
8% more funds holding
Funds holding: 852 → 919 (+67)
1.57% more ownership
Funds ownership: 88.96% → 90.53% (+1.6%)
17% less repeat investments, than reductions
Existing positions increased: 291 | Existing positions reduced: 352
20% less call options, than puts
Call options by funds: $18.8M | Put options by funds: $23.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
+$79.8M |
| 2 |
Millennium Management
New York
|
+$66.9M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
+$63.4M |
| 4 |
Mitsubishi UFJ Asset Management
Tokyo,
Japan
|
+$59.6M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$57.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$156M |
| 2 |
Select Equity Group
New York
|
-$53.5M |
| 3 |
Parnassus Investments
San Francisco,
California
|
-$47.3M |
| 4 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$32.2M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$30.8M |
BR Hedge Fund Activity: Q4 2023 in Review
919 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Broadridge (BR) for Q4 2023, worth a combined $21.8B — up 16% from $18.8B a quarter earlier.
Buyers outnumbered sellers: 129 funds opened new BR positions and 50 closed out — a net gain of 79 holders — while 291 added to existing stakes and 352 trimmed.
The largest buyer was Man Group, opening a new position worth an estimated $79.8M. The largest seller was Capital International Investors, cutting an estimated $156M.
- 919 institutional investors held Broadridge (BR) as of Q4 2023, up from 852 in Q3 2023.
- Funds reported $21.8B of Broadridge stock for Q4 2023, up 16% quarter-over-quarter.
- 129 funds opened new Broadridge positions in Q4 2023 and 50 closed out, a net change of +79 holders.
- The largest Broadridge buyer in Q4 2023 was Man Group, an estimated $79.8M added.
- The largest Broadridge seller in Q4 2023 was Capital International Investors, an estimated $156M sold.
Based on aggregated 13F filings for Q4 2023.