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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
Twin Tree Management
701
Twin Tree Management
Texas
-$546K -7,816 Closed
NP
702
Nilsine Partners
Colorado
-$530K -7,584 Closed
MM
703
MQS Management
New York
-$495K -7,083 Closed
SIA
704
SkyView Investment Advisors
New Jersey
-$486K -6,960 Closed
FI
705
Fosun International
China
-$471K -6,750 Closed
PTC
706
Petrus Trust Company
Texas
-$383K -5,481 Closed
Connor, Clark & Lunn Investment Management (CC&L)
707
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
-$371K -5,315 Closed
CW
708
CreativeOne Wealth
Kansas
-$320K -4,586 Closed
NRD
709
Nebula Research & Development
New York
-$294K -4,212 Closed
PWM
710
Provident Wealth Management
Tennessee
-$282K -4,039 Closed
BCV
711
Banque Cantonale Vaudoise
Switzerland
-$275K -3,924 Closed
PCA
712
Pallas Capital Advisors
Massachusetts
-$253K -3,680 Closed
QAM
713
Q3 Asset Management
Michigan
-$256K -3,668 Closed
FMAEN1
714
Fund Management at Engine No 1
California
-$235K -3,366 Closed
FC
715
FORA Capital
Florida
-$235K -3,361 Closed
TAM
716
Tocqueville Asset Management
New York
-$226K -3,239 Closed
MNBTD
717
Moody National Bank Trust Division
Texas
-$208K -2,982 Closed
GL
718
Graypoint LLC
New York
-$208K -2,976 Closed
AWM
719
Axxcess Wealth Management
California
-$204K -2,926 Closed
BC
720
Bridgefront Capital
Texas
-$204K -2,915 Closed
MAM
721
Meeder Asset Management
Ohio
-$118K -1,690 Closed
HT
722
Headlands Technologies
Illinois
-$109K -1,554 Closed
CSPIA
723
Cary Street Partners Investment Advisory
Virginia
-$58.7K -840 Closed
QP
724
Quilter Plc
United Kingdom
-$441K -442 Closed
CTB
725
Country Trust Bank
Illinois
-$18.9K -270 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.