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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
ST
551
Smithfield Trust
Pennsylvania
$154K -$46.5K -650 -23%
PCM
552
Penserra Capital Management
California
$151K -$29.6K -414 -16%
KI
553
Kapitalo Investimentos
Brazil
$150K -$33.1K -463 -18%
TWM
554
Tradition Wealth Management
Minnesota
$140K +$214 +3 +0.2%
SOW
555
State of Wyoming
Wyoming
$135K +$1K +14 +0.7%
BEI
556
Benjamin Edwards Inc
Missouri
$127K +$214 +3 +0.2%
PA
557
Parallel Advisors
California
$119K +$3.36K +47 +3%
FFA
558
Farther Finance Advisors
California
$118K -$214 -3 -0.2%
S
559
SignatureFD
Georgia
$113K +$6K +84 +6%
TCOV
560
Trust Company of Vermont
Vermont
$99.6K
IA
561
IFP Advisors
Florida
$96.9K -$20.2K -282 -17%
FDCDDQ
562
Federation des caisses Desjardins du Quebec
Quebec, Canada
$88.9K
GEA
563
Glen Eagle Advisors
New Jersey
$88.9K
SIM
564
Sentry Investment Management
Wisconsin
$88K -$9.51K -133 -10%
SWM
565
Spire Wealth Management
Virginia
$85.9K +$929 +13 +1%
AFS
566
Annapolis Financial Services
Maryland
$85.3K -$2.57K -36 -3%
AWM
567
Atticus Wealth Management
Florida
$83.2K
WTG
568
West Tower Group
Virginia
$73.7K +$17.1K +239 +30%
FHA
569
First Horizon Advisors
Tennessee
$71.7K +$13.4K +187 +23%
MA
570
Montag & Associates
Georgia
$69.7K
DGAM
571
Desjardins Global Asset Management
Quebec, Canada
$68.4K +$929 +13 +1%
MSWM
572
McGlone Suttner Wealth Management
Wisconsin
$61.2K +$61.5K +860 New
AGWCA
573
Annis Gardner Whiting Capital Advisors
Florida
$60.3K +$71 +1 +0.1%
T
574
TOBAM
France
$60K -$122K -1,709 -67%
GRP
575
Global Retirement Partners
California
$59.5K +$2.86K +40 +5%

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.