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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
Franklin Resources
276
Franklin Resources
California
$459K +$394K +10,226 New
PA
277
Profund Advisors
Maryland
$456K +$66.8K +1,732 +18%
Rockefeller Capital Management
278
Rockefeller Capital Management
New York
$438K -$252K -6,521 -38%
Fuller & Thaler Asset Management
279
Fuller & Thaler Asset Management
California
$431K -$30.1K -780 -7%
CIBC Asset Management
280
CIBC Asset Management
Ontario, Canada
$421K
RCA
281
Resonant Capital Advisors
Wisconsin
$414K -$312K -8,090 -44%
M&T Bank
282
M&T Bank
New York
$404K -$75.4K -1,954 -16%
William Blair Investment Management
283
William Blair Investment Management
Illinois
$403K -$13.8K -357 -3%
Allianz Asset Management
284
Allianz Asset Management
Germany
$401K -$127K -3,302 -25%
Credit Agricole
285
Credit Agricole
France
$391K -$69.6K -1,803 -16%
Bank of Nova Scotia
286
Bank of Nova Scotia
Ontario, Canada
$390K +$369K +9,573 New
PRC
287
Pearl River Capital
Michigan
$389K +$368K +9,548 New
WAM
288
World Asset Management
Michigan
$388K -$733 -19 -0.2%
S
289
Seeyond
France
$386K -$437K -11,333 -55%
BBHC
290
Brown Brothers Harriman & Co
New York
$385K -$88.7K -2,300 -20%
FCBT
291
First Citizens Bank & Trust
North Carolina
$384K +$364K +9,430 New
KFA
292
Krane Funds Advisors
New York
$375K -$63.4K -1,644 -15%
NFG
293
Nations Financial Group
Iowa
$367K +$347K +8,992 New
MFG
294
Magnus Financial Group
New York
$365K +$50.8K +1,317 +17%
OAM
295
Oppenheimer Asset Management
New York
$365K +$53.7K +1,393 +18%
VIA
296
Vident Investment Advisory
Georgia
$364K -$6.29K -163 -2%
FT
297
Fiduciary Trust
Massachusetts
$363K
AC
298
Athanor Capital
New York
$361K +$342K +8,859 New
Daiwa Securities Group
299
Daiwa Securities Group
Japan
$360K
Caisse de Depot et Placement du Quebec (CDPQ)
300
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$346K +$328K +8,500 New

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.