Brown & Brown
566 hedge funds and large institutions have $11.6B invested in Brown & Brown in 2023 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 241 increasing their positions, 178 reducing their positions, and 48 closing their positions.
38% more call options, than puts
Call options by funds: $3M | Put options by funds: $2.17M
35% more repeat investments, than reductions
Existing positions increased: 241 | Existing positions reduced: 178
10% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 48
3% more capital invested
Capital invested by funds: $11.3B → $11.6B (+$305M)
0.12% more ownership
Funds ownership: 71.13% → 71.26% (+0.12%)
1% less funds holding
Funds holding: 571 → 566 (-5)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
Top Buyers
Top Sellers
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$62.5M |
| 2 |
Select Equity Group
New York
|
-$42.7M |
| 3 |
ZP
Zimmer Partners
New York
|
-$28.5M |
| 4 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
-$18.5M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$17.6M |
BRO Hedge Fund Activity: Q1 2023 in Review
566 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q1 2023, worth a combined $11.6B — up 2.7% from $11.3B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new BRO positions and 48 closed out — a net gain of 5 holders — while 241 added to existing stakes and 178 trimmed.
The largest buyer was Ceredex Value Advisors, opening a new position worth an estimated $42.1M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $62.5M sold.
- 566 institutional investors held Brown & Brown (BRO) as of Q1 2023, down from 571 in Q4 2022.
- Funds reported $11.6B of Brown & Brown stock for Q1 2023, up 2.7% quarter-over-quarter.
- 53 funds opened new Brown & Brown positions in Q1 2023 and 48 closed out, a net change of +5 holders.
- The largest Brown & Brown buyer in Q1 2023 was Ceredex Value Advisors, an estimated $42.1M added.
- The largest Brown & Brown seller in Q1 2023 was Balyasny Asset Management, an estimated $62.5M sold.
Based on aggregated 13F filings for Q1 2023.