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Brown & Brown

268 hedge funds and large institutions have $4.38B invested in Brown & Brown in 2017 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 109 increasing their positions, 91 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 20

20% more repeat investments, than reductions

Existing positions increased: 109 | Existing positions reduced: 91

3% more funds holding

Funds holding: 261268 (+7)

4% more capital invested

Capital invested by funds: $4.23B → $4.38B (+$152M)

0.46% more ownership

Funds ownership: 144.49%144.94% (+0.46%)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

Holders
268
Holders Change
+7
Holders Change %
+2.68%
% of All Funds
6.68%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.15%
New
28
Increased
109
Reduced
91
Closed
20
Calls
$241K
Puts
Net Calls
+$241K
Net Calls Change
+$241K
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
51
JP Morgan Chase
New York
$11.4M +$1.98M +92,292 +21%
Prudential Financial
52
Prudential Financial
New Jersey
$11.1M +$3.61M +168,240 +49%
TCIM
53
TIAA CREF Investment Management
New York
$10.5M -$1.03M -48,092 -9%
ProShare Advisors
54
ProShare Advisors
Maryland
$10.4M +$256K +11,964 +3%
NFA
55
Nationwide Fund Advisors
Ohio
$10.2M -$498K -23,220 -5%
Credit Agricole
56
Credit Agricole
France
$9.94M -$3.78M -176,554 -28%
TIA
57
Tandem Investment Advisors
South Carolina
$9.91M +$1.05M +49,152 +12%
PC
58
Polar Capital
United Kingdom
$9.73M +$309K +14,400 +3%
California State Teachers Retirement System (CalSTRS)
59
California State Teachers Retirement System (CalSTRS)
California
$9.31M -$933K -43,530 -9%
N
60
Natixis
France
$9.16M +$8.86M +413,418 +3,450%
Janus Henderson Group
61
Janus Henderson Group
United Kingdom
$9.08M +$9.03M +421,460 New
FIM
62
Foresters Investment Management
New York
$9.07M +$386K +18,000 +4%
GC
63
Guggenheim Capital
Illinois
$8.75M -$116K -5,402 -1%
Morgan Stanley
64
Morgan Stanley
New York
$8.56M -$9.86M -459,770 -54%
Swiss National Bank
65
Swiss National Bank
Switzerland
$8.54M +$81.5K +3,800 +1%
BTW
66
Boston Trust Walden
Massachusetts
$8.54M +$255K +11,876 +3%
State Board of Administration of Florida Retirement System
67
State Board of Administration of Florida Retirement System
Florida
$8.47M
PC
68
PhiloSmith Capital
Connecticut
$8.32M
New York State Teachers Retirement System (NYSTRS)
69
New York State Teachers Retirement System (NYSTRS)
New York
$8.22M -$55.7K -2,600 -0.7%
TA
70
Teachers Advisors
New York
$7.32M -$863K -40,240 -11%
Manulife (Manufacturers Life Insurance)
71
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$7.3M +$137K +6,400 +2%
Natixis Advisors
72
Natixis Advisors
Massachusetts
$7.17M -$419K -19,526 -6%
First Trust Advisors
73
First Trust Advisors
Illinois
$6.41M -$5.93M -276,870 -48%
Retirement Systems of Alabama
74
Retirement Systems of Alabama
Alabama
$6.39M +$3.77K +176 +0.1%
CS
75
Credit Suisse
Switzerland
$6.01M -$1.72M -80,412 -22%

BRO Hedge Fund Activity: Q2 2017 in Review

268 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q2 2017, worth a combined $4.38B — up 3.6% from $4.23B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new BRO positions and 20 closed out — a net gain of 8 holders — while 109 added to existing stakes and 91 trimmed.

The largest buyer was Select Equity Group, adding an estimated $94.2M. The largest seller was Citadel Advisors, cutting an estimated $58.8M.

  • 268 institutional investors held Brown & Brown (BRO) as of Q2 2017, up from 261 in Q1 2017.
  • Funds reported $4.38B of Brown & Brown stock for Q2 2017, up 3.6% quarter-over-quarter.
  • 28 funds opened new Brown & Brown positions in Q2 2017 and 20 closed out, a net change of +8 holders.
  • The largest Brown & Brown buyer in Q2 2017 was Select Equity Group, an estimated $94.2M added.
  • The largest Brown & Brown seller in Q2 2017 was Citadel Advisors, an estimated $58.8M sold.

Based on aggregated 13F filings for Q2 2017.