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Brown & Brown

231 hedge funds and large institutions have $3.07B invested in Brown & Brown in 2014 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 83 increasing their positions, 88 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

212% more call options, than puts

Call options by funds: $106K | Put options by funds: $34K

3% less capital invested

Capital invested by funds: $3.18B → $3.07B (-$110M)

6% less repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 88

2% less funds holding

Funds holding: 236231 (-5)

4.53% less ownership

Funds ownership: 142.51%137.98% (-4.5%)

14% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 29

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
231
Holders Change
-5
Holders Change %
-2.12%
% of All Funds
6.64%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.06%
New
25
Increased
83
Reduced
88
Closed
29
Calls
$106K
Puts
$34K
Net Calls
+$72K
Net Calls Change
+$56K
Name Holding Trade Value Shares
Change
Change in
Stake
New York State Common Retirement Fund
51
New York State Common Retirement Fund
New York
$10.1M -$3.09M -205,824 -24%
WMSA
52
Weiss Multi-Strategy Advisers
New York
$9.55M -$5.68M -377,860 -38%
BG
53
BlackRock Group
United Kingdom
$9.47M -$288K -19,158 -3%
LCS
54
Levin Capital Strategies
New York
$9.04M -$72.9K -4,850 -0.8%
TCIM
55
TIAA CREF Investment Management
New York
$9.02M -$4.35M -289,100 -33%
Allianz Asset Management
56
Allianz Asset Management
Germany
$8.94M +$1.79M +118,982 +26%
Natixis Advisors
57
Natixis Advisors
Massachusetts
$7.73M -$278K -18,470 -4%
BMCMI
58
Bryn Mawr Capital Management Inc
Pennsylvania
$7.68M -$3.49M -231,956 -32%
Goldman Sachs
59
Goldman Sachs
New York
$7.62M +$1.29M +85,998 +21%
AIG
60
American International Group
New York
$7.34M -$162K -10,758 -2%
Balyasny Asset Management
61
Balyasny Asset Management
Illinois
$7.25M +$2.26M +150,278 +47%
First Trust Advisors
62
First Trust Advisors
Illinois
$7.18M -$140K -9,320 -2%
California State Teachers Retirement System (CalSTRS)
63
California State Teachers Retirement System (CalSTRS)
California
$6.95M +$358K +23,800 +6%
Stifel Financial
64
Stifel Financial
Missouri
$6.9M +$473K +31,470 +8%
SCM
65
Stevens Capital Management
Pennsylvania
$6.84M +$1.73M +115,338 +35%
Ohio Public Employees Retirement System (OPERS)
66
Ohio Public Employees Retirement System (OPERS)
Ohio
$6.76M -$1.21M -80,274 -15%
Charles Schwab
67
Charles Schwab
California
$6.75M +$452K +30,052 +7%
RhumbLine Advisers
68
RhumbLine Advisers
Massachusetts
$6.38M -$689K -45,822 -10%
WFM
69
Wilmington Funds Management
Delaware
$6.33M +$754K +50,138 +14%
GAM
70
Gotham Asset Management
New York
$6.24M +$909K +60,496 +17%
New York State Teachers Retirement System (NYSTRS)
71
New York State Teachers Retirement System (NYSTRS)
New York
$5.9M
CCP
72
Clarkston Capital Partners
Michigan
$5.9M +$5.77M +384,020 New
State Board of Administration of Florida Retirement System
73
State Board of Administration of Florida Retirement System
Florida
$5.66M -$33.5K -2,226 -0.6%
ACM
74
Ashford Capital Management
Delaware
$5.61M -$306K -20,330 -5%
CS
75
Credit Suisse
Switzerland
$5.16M +$1.51M +100,210 +42%

BRO Hedge Fund Activity: Q2 2014 in Review

231 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q2 2014, worth a combined $3.07B — down 3.5% from $3.18B a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of BRO and 25 opened new positions — a net loss of 4 holders — while 88 trimmed existing stakes and 83 added.

The largest buyer was Altrinsic Global Advisors, adding an estimated $58M. The largest seller was T. Rowe Price Associates, cutting an estimated $109M.

  • 231 institutional investors held Brown & Brown (BRO) as of Q2 2014, down from 236 in Q1 2014.
  • Funds reported $3.07B of Brown & Brown stock for Q2 2014, down 3.5% quarter-over-quarter.
  • 25 funds opened new Brown & Brown positions in Q2 2014 and 29 closed out, a net change of -4 holders.
  • The largest Brown & Brown buyer in Q2 2014 was Altrinsic Global Advisors, an estimated $58M added.
  • The largest Brown & Brown seller in Q2 2014 was T. Rowe Price Associates, an estimated $109M sold.

Based on aggregated 13F filings for Q2 2014.