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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
OAM
401
Occidental Asset Management
California
$679K
JF
402
JSF Financial
California
$679K +$500 +7 +0.1%
American Century Companies
403
American Century Companies
Missouri
$663K -$81.2K -1,136 -11%
FT
404
Fiduciary Trust
Massachusetts
$663K -$572 -8 -0.1%
SRAM
405
Spouting Rock Asset Management
Pennsylvania
$661K -$505K -7,071 -43%
LA
406
Lindenwold Advisors
Pennsylvania
$646K -$17.9K -251 -3%
CB
407
Centennial Bank
Arkansas
$629K
PS
408
Principal Securities
Iowa
$623K +$626K +8,755 New
VEA
409
Virtus ETF Advisers
New York
$622K -$124K -1,739 -17%
IIC
410
Integrated Investment Consultants
Michigan
$610K +$44.9K +628 +8%
Capstone Investment Advisors
411
Capstone Investment Advisors
New York
$609K +$206K +2,888 +51%
SEC
412
Seven Eight Capital
New York
$605K +$221K +3,091 +57%
SFG
413
SevenBridge Financial Group
Pennsylvania
$605K
BTWM
414
Baker Tilly Wealth Management
Wisconsin
$599K +$175K +2,451 +41%
KRSITF
415
Kentucky Retirement Systems Insurance Trust Fund
Kentucky
$598K -$1.43K -20 -0.2%
CIBC World Market
416
CIBC World Market
Ontario, Canada
$591K -$32.2K -451 -5%
VIM
417
Vinva Investment Management
Australia
$590K +$172K +2,404 +41%
NB
418
Norinchukin Bank
Japan
$584K -$45.5K -637 -7%
SQA
419
Simon Quick Advisors
New Jersey
$570K -$53.1K -743 -8%
FEG
420
Financial Enhancement Group
Indiana
$567K +$52.7K +738 +11%
JCIA
421
Jackson Creek Investment Advisors
Colorado
$562K -$2.65K -37 -0.5%
CBNLCF
422
Cognios Beta Neutral Large Cap Fund
Kansas
$559K -$53.2K -745 -9%
Wealthfront Advisers
423
Wealthfront Advisers
California
$556K +$18.7K +262 +3%
MCM
424
Manchester Capital Management
Vermont
$553K
Macquarie Group
425
Macquarie Group
Australia
$549K +$132K +1,844 +31%

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.