Brady Corp
228 hedge funds and large institutions have $1.97B invested in Brady Corp in 2023 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 75 increasing their positions, 95 reducing their positions, and 26 closing their positions.
338% more call options, than puts
Call options by funds: $719K | Put options by funds: $164K
31% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 26
11% more capital invested
Capital invested by funds: $1.78B → $1.97B (+$187M)
3% more funds holding
Funds holding: 221 → 228 (+7)
2.03% less ownership
Funds ownership: 81.57% → 79.54% (-2%)
21% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 95
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$61.9M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$10.4M |
| 3 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$10.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.1M |
| 5 |
Millennium Management
New York
|
+$8.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$109M |
| 2 |
JP Morgan Chase
New York
|
-$53M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$24.7M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$10.8M |
| 5 |
BlackRock
New York
|
-$9.83M |
BRC Hedge Fund Activity: Q3 2023 in Review
228 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Brady Corp (BRC) for Q3 2023, worth a combined $1.97B — up 11% from $1.78B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new BRC positions and 26 closed out — a net gain of 8 holders — while 75 added to existing stakes and 95 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $61.9M. The largest seller was State Street, cutting an estimated $109M.
- 228 institutional investors held Brady Corp (BRC) as of Q3 2023, up from 221 in Q2 2023.
- Funds reported $1.97B of Brady Corp stock for Q3 2023, up 11% quarter-over-quarter.
- 34 funds opened new Brady Corp positions in Q3 2023 and 26 closed out, a net change of +8 holders.
- The largest Brady Corp buyer in Q3 2023 was First Trust Advisors, an estimated $61.9M added.
- The largest Brady Corp seller in Q3 2023 was State Street, an estimated $109M sold.
Based on aggregated 13F filings for Q3 2023.