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
PA
576
Profund Advisors
Maryland
$379K +$3.48K +35 +1%
SCA
577
Stonebridge Capital Advisors
Minnesota
$378K – – –
DEA
578
DoubleLine ETF Adviser
Florida
$377K -$26.1K -262 -7%
CG
579
Cynosure Group
Utah
$373K -$49.5K -498 -12%
BCI
580
Brinker Capital Investments
Pennsylvania
$368K -$4.08K -41 -1%
OPS
581
Orion Portfolio Solutions
Nebraska
$368K -$4.08K -41 -1%
WHCI
582
W.H. Cornerstone Investments
Massachusetts
$367K -$597 -6 -0.2%
MC
583
Machina Capital
France
$367K -$342K -3,439 -49%
RWM
584
Revisor Wealth Management
Ohio
$360K -$33.3K -335 -9%
BP
585
Ballentine Partners
Massachusetts
$358K +$1.09K +11 +0.3%
AA
586
ALPS Advisors
Colorado
$355K -$64.4K -648 -16%
DWM
587
Darwin Wealth Management
Florida
$352K +$338K +3,400 New
HNB
588
Huntington National Bank
Ohio
$346K +$69.9K +703 +27%
VSQM
589
V-Square Quantitative Management
Illinois
$340K – – –
PTC
590
Private Trust Company
Ohio
$338K -$14.4K -145 -4%
IGAM
591
iA Global Asset Management
Quebec, Canada
$338K +$325K +3,267 New
AIM
592
Anchor Investment Management
South Carolina
$338K -$2.49K -25 -0.8%
MPM
593
MBB Public Markets
Illinois
$336K -$1.16M -11,621 -78%
MGIA
594
Moneta Group Investment Advisors
Missouri
$336K +$6.76K +68 +2%
HI
595
Horizon Investments
North Carolina
$332K -$16.3K -164 -5%
VA
596
Vident Advisory
Georgia
$330K +$317K +3,190 New
MA
597
Mutual Advisors
Nebraska
$327K +$35.5K +357 +13%
FRA
598
Frank Rimerman Advisors
California
$323K – – –
OA
599
Operose Advisors
Wisconsin
$323K – – –
Lazard Asset Management
600
Lazard Asset Management
New York
$322K -$16.1K -162 -5%
22 23
24
25 26

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.