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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
WWM
676
Wolff Wiese Magana
California
$712
TVAMP
677
Tennessee Valley Asset Management Partners
Tennessee
$576 +$572 +8 New
AWM
678
Abound Wealth Management
Tennessee
$498
RCM
679
Raleigh Capital Management
North Carolina
$356 +$357 +5 New
BF
680
BOK Financial
Oklahoma
$284
FPF
681
First Pacific Financial
Washington
$214 +$214 +3 New
AAP
682
Arax Advisory Partners
Colorado
$143
FGAM
683
Financial Gravity Asset Management
Texas
$9
DWM
684
Dogwood Wealth Management
Kansas
$3
LP
685
LMR Partners
United Kingdom
-$21M -300,112 Closed
Jacobs Levy Equity Management
686
Jacobs Levy Equity Management
New Jersey
-$11.5M -164,452 Closed
WMSA
687
Weiss Multi-Strategy Advisers
New York
-$4.25M -60,788 Closed
EAM
688
Eagle Asset Management
Florida
-$2.61M -37,357 Closed
DFCM
689
Dark Forest Capital Management
Puerto Rico
-$1.79M -25,567 Closed
AIM
690
Aigen Investment Management
New York
-$1.69M -24,190 Closed
LA
691
LBP AM
France
-$1.39M -19,849 Closed
DTL
692
Dynamic Technology Lab
Singapore
-$1.33M -19,075 Closed
MFS
693
Mirabella Financial Services
United Kingdom
-$1.31M -18,701 Closed
IFU
694
iSAM Funds (UK)
United Kingdom
-$984K -14,083 Closed
ESCM
695
Echo Street Capital Management
New York
-$945K -13,530 Closed
FRM
696
Fox Run Management
Connecticut
-$887K -12,702 Closed
AC
697
AXQ Capital
New Jersey
-$866K -12,400 Closed
TI
698
Trexquant Investment
Connecticut
-$752K -10,766 Closed
MC
699
Machina Capital
France
-$668K -9,558 Closed
BAAM
700
Baker Avenue Asset Management
California
-$657K -9,403 Closed

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.