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Brown & Brown

682 hedge funds and large institutions have $15.3B invested in Brown & Brown in 2023 Q4 according to their latest regulatory filings, with 108 funds opening new positions, 241 increasing their positions, 227 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

471% more call options, than puts

Call options by funds: $10.5M | Put options by funds: $1.84M

140% more first-time investments, than exits

New positions opened: 108 | Existing positions closed: 45

9% more funds holding

Funds holding: 626682 (+56)

8% more capital invested

Capital invested by funds: $14.1B → $15.3B (+$1.17B)

4.61% more ownership

Funds ownership: 70.98%75.58% (+4.6%)

6% more repeat investments, than reductions

Existing positions increased: 241 | Existing positions reduced: 227

21% less funds holding in top 10

Funds holding in top 10: 1411 (-3)

Holders
682
Holders Change
+56
Holders Change %
+8.95%
% of All Funds
9.94%
Holding in Top 10
11
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-21.43%
% of All Funds
0.16%
New
108
Increased
241
Reduced
227
Closed
45
Calls
$10.5M
Puts
$1.84M
Net Calls
+$8.67M
Net Calls Change
+$1.8M
Name Holding Trade Value Shares
Change
Change in
Stake
SPIA
276
Steward Partners Investment Advisory
New York
$2.08M +$172K +2,406 +9%
WWA
277
WCG Wealth Advisors
Nevada
$2.08M -$32.9K -460 -2%
IAN
278
Integrated Advisors Network
Texas
$2.06M +$45.4K +635 +2%
IWS
279
Insight Wealth Strategies
California
$1.95M +$1.96M +27,474 New
SO
280
STRS Ohio
Ohio
$1.94M +$1.95M +27,222 New
NAM
281
Nissay Asset Management
Japan
$1.93M +$85.6K +1,197 +5%
Public Employees Retirement Association of Colorado
282
Public Employees Retirement Association of Colorado
Colorado
$1.91M -$32.9K -460 -2%
OAM
283
Oppenheimer Asset Management
New York
$1.88M +$1.03M +14,363 +119%
SI
284
Stephens Inc
Arkansas
$1.87M +$63K +882 +3%
BFPW
285
BOK Financial Private Wealth
Colorado
$1.86M -$168K -2,348 -8%
CL
286
Choreo LLC
Illinois
$1.84M +$1.85M +25,877 New
SOADOR
287
State of Alaska Department of Revenue
Alaska
$1.81M -$177K -2,470 -9%
Mackenzie Financial
288
Mackenzie Financial
Ontario, Canada
$1.81M +$419K +5,866 +30%
SG Americas Securities
289
SG Americas Securities
New York
$1.77M +$826K +11,559 +87%
PP
290
Prudential plc
United Kingdom
$1.76M -$1.07K -15 -0.1%
Lazard Asset Management
291
Lazard Asset Management
New York
$1.74M -$4.23M -59,221 -71%
DADC
292
D.A. Davidson & Co
Montana
$1.72M +$26.3K +368 +2%
HA
293
Harbor Advisors
Florida
$1.71M
Franklin Resources
294
Franklin Resources
California
$1.68M -$1.12M -15,712 -40%
Cerity Partners
295
Cerity Partners
New York
$1.66M +$1.02M +14,210 +156%
AIM
296
Achmea Investment Management
Netherlands
$1.66M +$1.66M +23,270 New
Grantham, Mayo, Van Otterloo & Co (GMO)
297
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$1.65M +$1.66M +23,219 New
ACM
298
Aquatic Capital Management
Illinois
$1.65M -$1.76M -24,600 -51%
Pathstone Holdings
299
Pathstone Holdings
New Jersey
$1.65M +$1.66M +23,201 New
Daiwa Securities Group
300
Daiwa Securities Group
Japan
$1.6M +$184K +2,577 +13%

BRO Hedge Fund Activity: Q4 2023 in Review

682 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q4 2023, worth a combined $15.3B — up 8.3% from $14.1B a quarter earlier.

Buyers outnumbered sellers: 108 funds opened new BRO positions and 45 closed out — a net gain of 63 holders — while 241 added to existing stakes and 227 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $619M. The largest seller was First Trust Advisors, cutting an estimated $172M.

  • 682 institutional investors held Brown & Brown (BRO) as of Q4 2023, up from 626 in Q3 2023.
  • Funds reported $15.3B of Brown & Brown stock for Q4 2023, up 8.3% quarter-over-quarter.
  • 108 funds opened new Brown & Brown positions in Q4 2023 and 45 closed out, a net change of +63 holders.
  • The largest Brown & Brown buyer in Q4 2023 was Morgan Stanley, an estimated $619M added.
  • The largest Brown & Brown seller in Q4 2023 was First Trust Advisors, an estimated $172M sold.

Based on aggregated 13F filings for Q4 2023.