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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
AF
351
Advisornet Financial
Minnesota
$94K +$38.6K +1,000 +77%
RCG
352
Ruggie Capital Group
Florida
$91K +$193 +5 +0.2%
MDCM
353
Morgan Dempsey Capital Management
Wisconsin
$89K -$24.2K -627 -22%
CFB
354
Cullen/Frost Bankers
Texas
$86K +$59.1K +1,533 +264%
NICM
355
Neo Ivy Capital Management
New York
$84K -$277K -7,178 -78%
CG
356
Cutler Group
California
$83K +$75.5K +1,956 +1,956%
CCA
357
Column Capital Advisors
Indiana
$66K +$14K +362 +28%
IA
358
IFP Advisors
Florida
$58K +$1.35K +35 +2%
TCOV
359
Trust Company of Vermont
Vermont
$57K
S
360
SignatureFD
Georgia
$52K -$14.9K -386 -23%
Simplex Trading
361
Simplex Trading
Illinois
$50K +$48.2K +1,250 New
SIAS
362
Shine Investment Advisory Services
Colorado
$46K
CAN
363
Cetera Advisor Networks
California
$46K +$43.5K +1,128 New
CFG
364
Citizens Financial Group
Rhode Island
$42K
GEA
365
Glen Eagle Advisors
New Jersey
$40.8K
GAM
366
Gemmer Asset Management
California
$39K +$39 +1 +0.1%
AIC
367
Archer Investment Corporation
Indiana
$34.4K
PHK
368
Point72 Hong Kong
Hong Kong
$34K +$32.5K +843 New
CIA
369
CSat Investment Advisory
Michigan
$33K -$116 -3 -0.4%
FAM
370
Fred Alger Management
New York
$32K -$810 -21 -3%
PAG
371
Private Advisor Group
New Jersey
$29K +$27.7K +718 New
PWMG
372
Prestige Wealth Management Group
New Jersey
$28K +$11.3K +294 +73%
CT
373
Caldwell Trust
Florida
$27.6K
GCM
374
Gables Capital Management
Florida
$27K
CFGS
375
Concourse Financial Group Securities
Alabama
$26K -$2.16K -56 -8%

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.