We are live on ! Find out more
BRO icon

Brown & Brown
BRO

817 hedge funds and large institutions have $21.7B invested in Brown & Brown in 2024 Q3 according to their latest regulatory filings, with 117 funds opening new positions, 309 increasing their positions, 265 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,381% more call options, than puts

Call options by funds: $28.5M | Put options by funds: $1.15M

134% more first-time investments, than exits

New positions opened: 117 | Existing positions closed: 50

29% more funds holding in top 10

Funds holding in top 10: 14 → 18 (+4)

17% more repeat investments, than reductions

Existing positions increased: 309 | Existing positions reduced: 265

16% more capital invested

Capital invested by funds: $18.7B → $21.7B (+$2.97B)

8% more funds holding

Funds holding: 755 → 817 (+62)

0.07% more ownership

Funds ownership: 73.35% → 73.42% (+0.07%)

Holders
817
Holders Change
+62
Holders Change %
+8.21%
% of All Funds
11.73%
Holding in Top 10
18
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+28.57%
% of All Funds
0.26%
New
117
Increased
309
Reduced
265
Closed
50
Calls
$28.5M
Puts
$1.15M
Net Calls
+$27.4M
Net Calls Change
+$1.75M

Top Buyers

1
Capital World Investors
Capital World Investors
California
+$219M
2
BlackRock
BlackRock
New York
+$124M
3
GC
Gobi Capital
California
+$98.3M
4
Invesco
Invesco
Georgia
+$82.9M
5
Millennium Management
Millennium Management
New York
+$46.7M

Top Sellers

1
Select Equity Group
Select Equity Group
New York
-$354M
2
APG Asset Management
APG Asset Management
Netherlands
-$223M
3
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
-$103M
4
SAM
Storebrand Asset Management
Norway
-$78.5M
5
CCP
Clarkston Capital Partners
Michigan
-$60.8M
Name Holding Trade Value Shares
Change 		Change in
Stake
EP
326
Edgestream Partners
New Jersey
$2.24M +$130K +1,309 +6%
Mirae Asset Global Investments
327
Mirae Asset Global Investments
South Korea
$2.24M +$355K +3,571 +20%
EMPI
328
Elo Mutual Pension Insurance
Finland
$2.23M +$103K +1,038 +5%
CC
329
Centiva Capital
New York
$2.17M +$1.83M +18,418 +726%
CAM
330
Cacti Asset Management
Georgia
$2.17M – – –
AIP
331
Ameritas Investment Partners
Nebraska
$2.17M +$10.4K +105 +0.5%
KeyBank National Association
332
KeyBank National Association
Ohio
$2.16M -$53.1K -534 -2%
UM
333
UniSuper Management
Australia
$2.16M +$34.8K +350 +2%
BFPW
334
BOK Financial Private Wealth
Colorado
$2.15M -$327K -3,292 -14%
Nordea Investment Management
335
Nordea Investment Management
Sweden
$2.15M – – –
WCM
336
Wedge Capital Management
North Carolina
$2.15M -$895K -9,002 -30%
Two Sigma Investments
337
Two Sigma Investments
New York
$2.15M +$2.06M +20,705 New
IMRF
338
Illinois Municipal Retirement Fund
Illinois
$2.14M – – –
EF
339
Empowered Funds
Pennsylvania
$2.14M +$41.6K +418 +2%
Northwestern Mutual Wealth Management
340
Northwestern Mutual Wealth Management
Wisconsin
$2.11M +$70K +704 +4%
TSMHT
341
Thurston Springer Miller Herd & Titak
Indiana
$2.1M +$82.9K +834 +4%
OPERF
342
Oregon Public Employees Retirement Fund
Oregon
$2.1M -$8.95K -90 -0.4%
Pathstone Holdings
343
Pathstone Holdings
New Jersey
$2.09M -$546K -5,494 -21%
JF
344
Jump Financial
Illinois
$2.06M -$2.5M -25,174 -56%
QCM
345
QRG Capital Management
Illinois
$2.02M +$265K +2,664 +16%
CI
346
CX Institutional
Indiana
$2.02M +$2.79K +28 +0.1%
AWM
347
AE Wealth Management
Kansas
$2.01M -$281K -2,826 -13%
GIBU
348
Gulf International Bank (UK)
United Kingdom
$1.98M -$87.2K -877 -4%
Rockefeller Capital Management
349
Rockefeller Capital Management
New York
$1.95M +$28.8K +290 +2%
PFS
350
Prospera Financial Services
Texas
$1.92M -$14.4K -145 -0.8%
12 13
14
15 16

BRO Hedge Fund Activity: Q3 2024 in Review

817 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q3 2024, worth a combined $21.7B — up 16% from $18.7B a quarter earlier.

Buyers outnumbered sellers: 117 funds opened new BRO positions and 50 closed out — a net gain of 67 holders — while 309 added to existing stakes and 265 trimmed.

The largest buyer was Capital World Investors, adding an estimated $219M. The largest seller was Select Equity Group, cutting an estimated $354M.

  • 817 institutional investors held Brown & Brown (BRO) as of Q3 2024, up from 755 in Q2 2024.
  • Funds reported $21.7B of Brown & Brown stock for Q3 2024, up 16% quarter-over-quarter.
  • 117 funds opened new Brown & Brown positions in Q3 2024 and 50 closed out, a net change of +67 holders.
  • The largest Brown & Brown buyer in Q3 2024 was Capital World Investors, an estimated $219M added.
  • The largest Brown & Brown seller in Q3 2024 was Select Equity Group, an estimated $354M sold.

Based on aggregated 13F filings for Q3 2024.