Brown & Brown
469 hedge funds and large institutions have $10.7B invested in Brown & Brown in 2021 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 142 increasing their positions, 179 reducing their positions, and 45 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
31% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 45
17% more capital invested
Capital invested by funds: $9.09B → $10.7B (+$1.57B)
3% more funds holding
Funds holding: 456 → 469 (+13)
1.06% more ownership
Funds ownership: 70.52% → 71.58% (+1.1%)
21% less repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 179
54% less call options, than puts
Call options by funds: $882K | Put options by funds: $1.92M
Top Buyers
| 1 |
Select Equity Group
New York
|
+$85.2M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$48.2M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$43.4M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$38.7M |
| 5 |
State Street
Boston,
Massachusetts
|
+$32.8M |
Top Sellers
| 1 |
BlackRock
New York
|
-$65.5M |
| 2 |
First Eagle Investment Management
New York
|
-$27.7M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$14.4M |
| 4 |
VRS
Virginia Retirement Systems
Richmond,
Virginia
|
-$14.2M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$13.6M |
BRO Hedge Fund Activity: Q2 2021 in Review
469 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q2 2021, worth a combined $10.7B — up 17% from $9.09B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new BRO positions and 45 closed out — a net gain of 14 holders — while 142 added to existing stakes and 179 trimmed.
The largest buyer was Select Equity Group, adding an estimated $85.2M. The largest seller was BlackRock, cutting an estimated $65.5M.
- 469 institutional investors held Brown & Brown (BRO) as of Q2 2021, up from 456 in Q1 2021.
- Funds reported $10.7B of Brown & Brown stock for Q2 2021, up 17% quarter-over-quarter.
- 59 funds opened new Brown & Brown positions in Q2 2021 and 45 closed out, a net change of +14 holders.
- The largest Brown & Brown buyer in Q2 2021 was Select Equity Group, an estimated $85.2M added.
- The largest Brown & Brown seller in Q2 2021 was BlackRock, an estimated $65.5M sold.
Based on aggregated 13F filings for Q2 2021.