Brady Corp
BRC
251 hedge funds and large institutions have $2.1B invested in Brady Corp in 2024 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 76 increasing their positions, 96 reducing their positions, and 27 closing their positions.
531% more call options, than puts
Call options by funds: $669K | Put options by funds: $106K
63% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 27
7% more funds holding
Funds holding: 234 → 251 (+17)
5.88% less ownership
Funds ownership: 84.92% → 79.04% (-5.9%)
6% less capital invested
Capital invested by funds: $2.23B → $2.1B (-$135M)
21% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 96
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$22.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$10M |
| 4 |
HF
HRT Financial
New York
|
+$8.76M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$8.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$109M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$51M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$23.1M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$20.5M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$19M |
BRC Hedge Fund Activity: Q1 2024 in Review
251 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Brady Corp (BRC) for Q1 2024, worth a combined $2.1B — down 6.1% from $2.23B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new BRC positions and 27 closed out — a net gain of 17 holders — while 76 added to existing stakes and 96 trimmed.
The largest buyer was River Road Asset Management, opening a new position worth an estimated $22.2M. The largest seller was Morgan Stanley, cutting an estimated $109M.
- 251 institutional investors held Brady Corp (BRC) as of Q1 2024, up from 234 in Q4 2023.
- Funds reported $2.1B of Brady Corp stock for Q1 2024, down 6.1% quarter-over-quarter.
- 44 funds opened new Brady Corp positions in Q1 2024 and 27 closed out, a net change of +17 holders.
- The largest Brady Corp buyer in Q1 2024 was River Road Asset Management, an estimated $22.2M added.
- The largest Brady Corp seller in Q1 2024 was Morgan Stanley, an estimated $109M sold.
Based on aggregated 13F filings for Q1 2024.