Brown & Brown
578 hedge funds and large institutions have $14.8B invested in Brown & Brown in 2022 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 219 increasing their positions, 193 reducing their positions, and 51 closing their positions.
61% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 51
13% more repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 193
5% more funds holding
Funds holding: 552 → 578 (+26)
3% more capital invested
Capital invested by funds: $14.3B → $14.8B (+$472M)
0.6% less ownership
Funds ownership: 73.02% → 72.43% (-0.6%)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
59% less call options, than puts
Call options by funds: $7.63M | Put options by funds: $18.8M
Top Buyers
| 1 |
ProShare Advisors
Bethesda,
Maryland
|
+$161M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$64.8M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$48.5M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$44.4M |
| 5 |
Morgan Stanley
New York
|
+$44.1M |
Top Sellers
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$102M |
| 2 |
Millennium Management
New York
|
-$97.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$77.5M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$66.8M |
| 5 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
-$64.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
626
SouthState Corp
Winter Haven,
Florida
| – | -$4K | -55 | Closed |
|
|
CAC
627
Core Alternative Capital
Peachtree Corners,
Georgia
| – | -$2K | -24 | Closed |
|
628
Capstone Investment Advisors
New York
| – | +$67 | +1 | New |
|
|
DHGWA
629
Dixon Hughes Goodman Wealth Advisors
Asheville,
North Carolina
| – | +$67 | +1 | New |
|
BRO Hedge Fund Activity: Q1 2022 in Review
578 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q1 2022, worth a combined $14.8B — up 3.3% from $14.3B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new BRO positions and 51 closed out — a net gain of 31 holders — while 219 added to existing stakes and 193 trimmed.
The largest buyer was ProShare Advisors, adding an estimated $161M. The largest seller was Burgundy Asset Management, exiting entirely with an estimated $102M sold.
- 578 institutional investors held Brown & Brown (BRO) as of Q1 2022, up from 552 in Q4 2021.
- Funds reported $14.8B of Brown & Brown stock for Q1 2022, up 3.3% quarter-over-quarter.
- 82 funds opened new Brown & Brown positions in Q1 2022 and 51 closed out, a net change of +31 holders.
- The largest Brown & Brown buyer in Q1 2022 was ProShare Advisors, an estimated $161M added.
- The largest Brown & Brown seller in Q1 2022 was Burgundy Asset Management, an estimated $102M sold.
Based on aggregated 13F filings for Q1 2022.