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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
O
326
Ossiam
France
$1.34M -$54.3K -760 -4%
PIM
327
Penobscot Investment Management
Massachusetts
$1.31M +$109K +1,525 +9%
OPERF
328
Oregon Public Employees Retirement Fund
Oregon
$1.31M +$14.3K +200 +1%
TWM
329
Trueblood Wealth Management
Ohio
$1.3M +$1.31M +18,261 New
Cambridge Investment Research Advisors
330
Cambridge Investment Research Advisors
Iowa
$1.29M +$2.29K +32 +0.2%
MSRPS
331
Maryland State Retirement & Pension System
Maryland
$1.29M
CIC
332
Chilton Investment Company
Connecticut
$1.28M +$200K +2,800 +18%
MML Investors Services
333
MML Investors Services
Massachusetts
$1.28M +$473K +6,616 +58%
Nomura Holdings
334
Nomura Holdings
Japan
$1.27M +$20.2K +282 +2%
CL
335
CIM LLC
New York
$1.25M -$9.15K -128 -0.9%
PFS
336
Prospera Financial Services
Texas
$1.21M +$12.9K +181 +1%
EWM
337
Evermay Wealth Management
Virginia
$1.21M +$357 +5 +0%
TCM
338
Tributary Capital Management
Nebraska
$1.19M +$12.4K +174 +1%
VIG
339
Vienna Insurance Group
Poland
$1.18M -$629K -8,806 -35%
OSAM
340
O'Shaughnessy Asset Management
Connecticut
$1.16M -$266K -3,722 -19%
RJT
341
Raymond James Trust
Florida
$1.14M -$128K -1,792 -10%
HIMCH
342
Hartford Investment Management Co (HIMCO)
Connecticut
$1.14M -$23.4K -328 -2%
UFF
343
USA Financial Formulas
Michigan
$1.14M +$1.14M +15,988 +133,233%
Pacer Advisors
344
Pacer Advisors
Pennsylvania
$1.12M +$69.2K +968 +7%
SC
345
Savant Capital
Illinois
$1.12M +$52K +727 +5%
GT
346
Glenmede Trust
Pennsylvania
$1.11M -$219K -3,070 -16%
FCM
347
FJ Capital Management
Virginia
$1.11M -$416K -5,823 -27%
AI
348
Atom Investors
Texas
$1.1M +$21.6K +302 +2%
Envestnet Portfolio Solutions
349
Envestnet Portfolio Solutions
Illinois
$1.09M +$736K +10,301 +206%
HAIM
350
Hunter Associates Investment Management
Pennsylvania
$1.07M -$22.5K -315 -2%

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.