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Brown & Brown

417 hedge funds and large institutions have $8.3B invested in Brown & Brown in 2020 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 149 increasing their positions, 146 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 40

31% more call options, than puts

Call options by funds: $6M | Put options by funds: $4.59M

11% more capital invested

Capital invested by funds: $7.5B → $8.3B (+$806M)

5% more funds holding

Funds holding: 396417 (+21)

2% more repeat investments, than reductions

Existing positions increased: 149 | Existing positions reduced: 146

0.98% less ownership

Funds ownership: 73.03%72.05% (-0.98%)

13% less funds holding in top 10

Funds holding in top 10: 87 (-1)

Holders
417
Holders Change
+21
Holders Change %
+5.3%
% of All Funds
8.55%
Holding in Top 10
7
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-12.5%
% of All Funds
0.14%
New
63
Increased
149
Reduced
146
Closed
40
Calls
$6M
Puts
$4.59M
Net Calls
+$1.41M
Net Calls Change
-$3.1M
Name Holding Trade Value Shares
Change
Change in
Stake
SRAM
226
Stone Ridge Asset Management
New York
$972K -$1.29M -33,500 -58%
SAM
227
Securian Asset Management
Minnesota
$971K -$7.1K -184 -0.8%
FHB
228
First Hawaiian Bank
Hawaii
$969K +$66.4K +1,722 +8%
AII
229
AGF Investments Inc
Ontario, Canada
$965K +$661K +17,129 +262%
Janney Montgomery Scott
230
Janney Montgomery Scott
Pennsylvania
$955K -$9.14K -237 -1%
ETC
231
Exchange Traded Concepts
Oklahoma
$933K +$342K +8,870 +63%
X
232
Xponance
Pennsylvania
$913K +$864K +22,389 New
OFS
233
Orrstown Financial Services
Pennsylvania
$907K -$19.6K -509 -2%
Tudor Investment Corp
234
Tudor Investment Corp
Connecticut
$878K +$831K +21,550 New
KWM
235
Kingsview Wealth Management
Oregon
$865K +$115K +2,974 +16%
CAM
236
Cacti Asset Management
Georgia
$864K
MGIM
237
M&G Investment Management
United Kingdom
$862K +$811K +21,028 New
Nordea Investment Management
238
Nordea Investment Management
Sweden
$846K +$441K +11,431 +120%
CIC
239
Crawford Investment Counsel
Georgia
$838K +$38.4K +995 +5%
SG Americas Securities
240
SG Americas Securities
New York
$838K +$266K +6,897 +51%
RJT
241
Raymond James Trust
Florida
$836K +$48.1K +1,248 +6%
V
242
Veritable
Delaware
$819K -$308K -7,975 -28%
TRCT
243
Tower Research Capital (TRC)
New York
$814K +$770K +19,964 New
CL
244
CIM LLC
New York
$813K +$15.2K +393 +2%
WBC
245
Westpac Banking Corp
Australia
$795K
WCM Investment Management
246
WCM Investment Management
California
$783K
National Pension Service
247
National Pension Service
South Korea
$777K +$735K +19,063 New
II
248
IFM Investors
Australia
$741K +$34.3K +888 +5%
GC
249
Guggenheim Capital
Illinois
$728K +$4.21K +109 +0.6%
CI
250
CX Institutional
Indiana
$726K +$18.2K +473 +3%

BRO Hedge Fund Activity: Q2 2020 in Review

417 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q2 2020, worth a combined $8.3B — up 11% from $7.5B a quarter earlier.

Buyers outnumbered sellers: 63 funds opened new BRO positions and 40 closed out — a net gain of 23 holders — while 149 added to existing stakes and 146 trimmed.

The largest buyer was Atlanta Capital Management, adding an estimated $49.6M. The largest seller was Victory Capital Management, cutting an estimated $105M.

  • 417 institutional investors held Brown & Brown (BRO) as of Q2 2020, up from 396 in Q1 2020.
  • Funds reported $8.3B of Brown & Brown stock for Q2 2020, up 11% quarter-over-quarter.
  • 63 funds opened new Brown & Brown positions in Q2 2020 and 40 closed out, a net change of +23 holders.
  • The largest Brown & Brown buyer in Q2 2020 was Atlanta Capital Management, an estimated $49.6M added.
  • The largest Brown & Brown seller in Q2 2020 was Victory Capital Management, an estimated $105M sold.

Based on aggregated 13F filings for Q2 2020.